Rising Interest Income vs Operating Income Analysis

600259 Stock

29.92 0.37 1.25%

Rising Nonferrous financial indicator trend analysis is much more than just breaking down Rising Nonferrous Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rising Nonferrous Metals is a good investment. Please check the relationship between Rising Nonferrous Interest Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Rising Nonferrous Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rising Nonferrous Metals Interest Income account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Rising Nonferrous' Interest Income and Operating Income is 0.54. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Rising Nonferrous Metals, assuming nothing else is changed. The correlation between historical values of Rising Nonferrous' Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Rising Nonferrous Metals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Income i.e., Rising Nonferrous' Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

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Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Operating Income

Operating Income is the amount of profit realized from Rising Nonferrous Metals operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rising Nonferrous Metals is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Rising Nonferrous' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rising Nonferrous Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Rising Nonferrous Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Selling General Administrative is expected to grow to about 85.7 M. The current year's Tax Provision is expected to grow to about 83.6 M

Rising Nonferrous fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		-0.47	0.67	0.95	0.25	0.89	0.54	-0.01	0.36	-0.08	0.94	0.26	0.71	0.95	0.73	-0.09	0.55	0.73	0.7	-0.85	-0.81	0.76	0.74	0.9	0.72	0.83
Other Current Liab	-0.47		0.02	-0.65	-0.53	-0.28	-0.06	0.36	0.03	0.12	-0.42	-0.05	-0.03	-0.58	-0.35	0.16	-0.34	-0.09	-0.52	0.3	0.44	-0.55	-0.56	-0.46	-0.52	-0.46
Total Current Liabilities	0.67	0.02		0.51	-0.26	0.7	0.54	0.18	0.23	0.08	0.71	0.36	0.94	0.58	0.73	-0.01	0.52	0.54	0.42	-0.57	-0.58	0.47	0.46	0.64	0.47	0.67
Total Stockholder Equity	0.95	-0.65	0.51		0.34	0.8	0.48	-0.07	0.21	-0.1	0.88	0.24	0.54	0.93	0.72	-0.18	0.47	0.58	0.78	-0.78	-0.83	0.84	0.83	0.9	0.79	0.81
Retained Earnings	0.25	-0.53	-0.26	0.34		0.07	-0.09	-0.5	0.05	-0.46	0.05	-0.15	-0.12	0.45	-0.22	0.3	-0.12	0.26	-0.09	-0.31	0.0	-0.01	-0.03	0.23	-0.11	0.43
Accounts Payable	0.89	-0.28	0.7	0.8	0.07		0.64	-0.05	0.51	0.07	0.87	0.5	0.77	0.77	0.73	-0.17	0.65	0.59	0.71	-0.78	-0.76	0.74	0.66	0.89	0.7	0.66
Cash	0.54	-0.06	0.54	0.48	-0.09	0.64		-0.16	0.67	-0.26	0.41	0.35	0.7	0.4	0.62	-0.03	0.23	0.3	0.65	-0.64	-0.75	0.65	0.61	0.78	0.69	0.51
Other Assets	-0.01	0.36	0.18	-0.07	-0.5	-0.05	-0.16		-0.35	-0.04	0.14	-0.21	0.04	-0.07	0.14	-0.35	-0.31	0.33	-0.07	0.11	0.06	-0.06	-0.04	-0.16	-0.03	-0.03
Long Term Debt	0.36	0.03	0.23	0.21	0.05	0.51	0.67	-0.35		-0.06	0.23	0.24	0.52	0.21	0.31	0.22	0.35	0.25	0.29	-0.51	-0.45	0.32	0.27	0.47	0.33	0.22
Net Receivables	-0.08	0.12	0.08	-0.1	-0.46	0.07	-0.26	-0.04	-0.06		0.04	0.38	-0.03	-0.22	0.18	0.09	0.58	-0.3	0.16	0.36	0.08	0.11	0.08	-0.18	0.1	-0.39
Inventory	0.94	-0.42	0.71	0.88	0.05	0.87	0.41	0.14	0.23	0.04		0.25	0.69	0.86	0.78	-0.27	0.65	0.68	0.69	-0.72	-0.72	0.74	0.72	0.81	0.7	0.71
Other Current Assets	0.26	-0.05	0.36	0.24	-0.15	0.5	0.35	-0.21	0.24	0.38	0.25		0.35	0.11	0.46	-0.31	0.54	-0.06	0.46	-0.04	-0.3	0.47	0.38	0.41	0.4	0.08
Total Liab	0.71	-0.03	0.94	0.54	-0.12	0.77	0.7	0.04	0.52	-0.03	0.69	0.35		0.62	0.73	0.12	0.52	0.6	0.44	-0.69	-0.65	0.5	0.48	0.73	0.5	0.73
Intangible Assets	0.95	-0.58	0.58	0.93	0.45	0.77	0.4	-0.07	0.21	-0.22	0.86	0.11	0.62		0.56	0.01	0.41	0.73	0.53	-0.83	-0.7	0.61	0.6	0.81	0.56	0.9
Common Stock	0.73	-0.35	0.73	0.72	-0.22	0.73	0.62	0.14	0.31	0.18	0.78	0.46	0.73	0.56		-0.32	0.6	0.34	0.86	-0.53	-0.82	0.89	0.9	0.8	0.89	0.59
Property Plant Equipment	-0.09	0.16	-0.01	-0.18	0.3	-0.17	-0.03	-0.35	0.22	0.09	-0.27	-0.31	0.12	0.01	-0.32		-0.06	0.18	-0.4	-0.03	0.19	-0.37	-0.37	-0.17	-0.36	0.08
Short Term Investments	0.55	-0.34	0.52	0.47	-0.12	0.65	0.23	-0.31	0.35	0.58	0.65	0.54	0.52	0.41	0.6	-0.06		0.16	0.56	-0.25	-0.4	0.55	0.5	0.48	0.51	0.21
Other Liab	0.73	-0.09	0.54	0.58	0.26	0.59	0.3	0.33	0.25	-0.3	0.68	-0.06	0.6	0.73	0.34	0.18	0.16		0.18	-0.67	-0.4	0.27	0.24	0.54	0.22	0.68
Net Tangible Assets	0.7	-0.52	0.42	0.78	-0.09	0.71	0.65	-0.07	0.29	0.16	0.69	0.46	0.44	0.53	0.86	-0.4	0.56	0.18		-0.5	-0.85	0.99	0.97	0.82	0.99	0.44
Other Stockholder Equity	-0.85	0.3	-0.57	-0.78	-0.31	-0.78	-0.64	0.11	-0.51	0.36	-0.72	-0.04	-0.69	-0.83	-0.53	-0.03	-0.25	-0.67	-0.5		0.81	-0.57	-0.56	-0.83	-0.54	-0.83
Deferred Long Term Liab	-0.81	0.44	-0.58	-0.83	0.0	-0.76	-0.75	0.06	-0.45	0.08	-0.72	-0.3	-0.65	-0.7	-0.82	0.19	-0.4	-0.4	-0.85	0.81		-0.88	-0.89	-0.89	-0.89	-0.7
Long Term Investments	0.76	-0.55	0.47	0.84	-0.01	0.74	0.65	-0.06	0.32	0.11	0.74	0.47	0.5	0.61	0.89	-0.37	0.55	0.27	0.99	-0.57	-0.88		0.98	0.87	0.98	0.54
Short Long Term Debt	0.74	-0.56	0.46	0.83	-0.03	0.66	0.61	-0.04	0.27	0.08	0.72	0.38	0.48	0.6	0.9	-0.37	0.5	0.24	0.97	-0.56	-0.89	0.98		0.84	0.98	0.55
Total Current Assets	0.9	-0.46	0.64	0.9	0.23	0.89	0.78	-0.16	0.47	-0.18	0.81	0.41	0.73	0.81	0.8	-0.17	0.48	0.54	0.82	-0.83	-0.89	0.87	0.84		0.83	0.8
Short Term Debt	0.72	-0.52	0.47	0.79	-0.11	0.7	0.69	-0.03	0.33	0.1	0.7	0.4	0.5	0.56	0.89	-0.36	0.51	0.22	0.99	-0.54	-0.89	0.98	0.98	0.83		0.5
Non Current Assets Total	0.83	-0.46	0.67	0.81	0.43	0.66	0.51	-0.03	0.22	-0.39	0.71	0.08	0.73	0.9	0.59	0.08	0.21	0.68	0.44	-0.83	-0.7	0.54	0.55	0.8	0.5

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Rising Nonferrous Account Relationship Matchups

Rising Nonferrous fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9B	4.6B	5.8B	7.3B	7.7B	8.1B
Other Current Liab	219.7M	459.5M	556.5M	78.9M	10.3M	9.8M
Total Current Liabilities	1.7B	2.2B	2.3B	3.0B	2.7B	1.5B
Total Stockholder Equity	1.7B	1.7B	1.8B	3.4B	3.7B	3.8B
Retained Earnings	(675.5M)	(660.5M)	(521.5M)	(312.3M)	(109.0M)	(114.4M)
Accounts Payable	465.0M	415.9M	769.2M	708.1M	655.8M	688.6M
Cash	450.2M	1.0B	1.6B	1.0B	822.8M	458.2M
Other Assets	200.3M	173.9M	82.7M	130.5M	150.1M	135.7M
Net Receivables	432.9M	223.9M	112.0M	100.7M	118.2M	186.8M
Inventory	1.8B	1.7B	1.9B	2.6B	2.8B	3.0B
Other Current Assets	104.4M	229.9M	238.7M	168.9M	203.7M	139.0M
Total Liab	2.1B	2.7B	3.8B	3.8B	3.7B	2.0B
Intangible Assets	187.8M	223.2M	413.8M	1.0B	916.7M	962.6M
Property Plant Equipment	437.0M	437.4M	428.8M	543.7M	489.4M	429.8M
Other Liab	67.2M	66.3M	51.1M	154.9M	178.1M	187.0M
Net Tangible Assets	1.5B	1.5B	1.5B	1.4B	1.6B	1.5B
Other Stockholder Equity	10.6M	3.3M	1.5M	(3.0M)	(2.7M)	(2.5M)
Deferred Long Term Liab	47.4M	37.8M	30.6M	30.7M	27.6M	37.6M
Short Long Term Debt	975.3M	1.2B	808.8M	918.0M	1.4B	1.0B
Total Current Assets	2.9B	3.5B	4.0B	4.1B	4.3B	3.7B
Non Current Assets Total	1.0B	1.4B	1.8B	3.3B	3.4B	1.9B
Non Currrent Assets Other	83.3M	(2.4K)	51.1M	54.6M	32.4M	30.8M
Non Current Liabilities Total	386.3M	601.1M	1.5B	783.4M	1.1B	770.5M
Net Debt	845.1M	667.0M	615.7M	108.7M	1.2B	767.8M
Net Invested Capital	3.0B	3.4B	4.0B	4.6B	5.7B	4.3B
Net Working Capital	1.2B	1.1B	1.7B	1.1B	1.7B	1.5B

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Balance Sheet is a snapshot of the financial position of Rising Nonferrous Metals at a specified time, usually calculated after every quarter, six months, or one year. Rising Nonferrous Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rising Nonferrous and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Rising currently owns. An asset can also be divided into two categories, current and non-current.

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Rising Interest Income vs Operating Income Analysis

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Income

Operating Income

Rising Nonferrous fundamental ratios Correlations

Rising Nonferrous Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rising Nonferrous fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Rising Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Investments	+ 0.99	Net Tangible Assets
Short Term Debt	+ 0.99	Net Tangible Assets
Short Long Term Debt	+ 0.98	Long Term Investments
Short Term Debt	+ 0.98	Long Term Investments
Short Term Debt	+ 0.98	Short Long Term Debt
Short Long Term Debt	+ 0.97	Net Tangible Assets

Short Term Debt	- 0.89	Deferred Long Term Liab
Total Current Assets	- 0.89	Deferred Long Term Liab
Short Long Term Debt	- 0.89	Deferred Long Term Liab
Long Term Investments	- 0.88	Deferred Long Term Liab
Deferred Long Term Liab	- 0.85	Net Tangible Assets
Other Stockholder Equity	- 0.85	Total Assets