Milkyway Net Interest Income vs Total Revenue Analysis
603713 Stock | 53.77 1.41 2.56% |
Milkyway Chemical financial indicator trend analysis is infinitely more than just investigating Milkyway Chemical Supply recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Milkyway Chemical Supply is a good investment. Please check the relationship between Milkyway Chemical Net Interest Income and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Milkyway Chemical Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Interest Income vs Total Revenue
Net Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Milkyway Chemical Supply Net Interest Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Milkyway Chemical's Net Interest Income and Total Revenue is -0.87. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Milkyway Chemical Supply, assuming nothing else is changed. The correlation between historical values of Milkyway Chemical's Net Interest Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Milkyway Chemical Supply are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Interest Income i.e., Milkyway Chemical's Net Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Milkyway Chemical Supply generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Milkyway Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Milkyway Chemical Supply 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 Milkyway Chemical Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of December 15, 2024, Selling General Administrative is expected to decline to about 130.3 M. In addition to that, Tax Provision is expected to decline to about 75.1 M
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 569.8M | 810.4M | 669.7M | 380.6M | Total Revenue | 8.6B | 11.6B | 9.8B | 4.9B |
Milkyway Chemical fundamental ratios Correlations
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Milkyway Chemical Account Relationship Matchups
High Positive Relationship
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Milkyway Chemical fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 3.7B | 7.3B | 9.5B | 11.1B | 11.7B | |
Other Current Liab | 217.0M | 520.1M | 1.1B | 1.1B | 561.4M | 447.6M | |
Total Current Liabilities | 726.3M | 1.6B | 3.3B | 3.7B | 4.8B | 5.1B | |
Total Stockholder Equity | 1.4B | 1.7B | 3.2B | 3.8B | 4.0B | 2.1B | |
Retained Earnings | 601.3M | 862.0M | 1.3B | 1.8B | 2.1B | 2.2B | |
Accounts Payable | 338.7M | 761.0M | 1.2B | 925.2M | 1.1B | 618.6M | |
Cash | 137.2M | 125.9M | 638.2M | 1.3B | 1.2B | 1.3B | |
Other Assets | 97.0M | 91.8M | 128.3M | 239.3M | 275.2M | 288.9M | |
Net Receivables | 739.5M | 1.2B | 1.9B | 2.0B | 2.1B | 1.2B | |
Good Will | 330.8M | 473.3M | 610.3M | 872.4M | 1.5B | 1.5B | |
Inventory | 10.3M | 18.8M | 77.7M | 266.0M | 791.1M | 830.6M | |
Other Current Assets | 114.5M | 228.9M | 569.6M | 352.9M | 233.4M | 206.0M | |
Total Liab | 1.1B | 1.9B | 4.1B | 5.6B | 6.8B | 7.1B | |
Intangible Assets | 337.9M | 480.1M | 558.9M | 839.2M | 886.4M | 930.7M | |
Property Plant Equipment | 674.1M | 835.0M | 1.5B | 2.0B | 2.3B | 2.5B | |
Other Liab | 75.9M | 125.0M | 183.2M | 217.8M | 250.5M | 263.0M | |
Net Tangible Assets | 766.0M | 758.0M | 2.0B | 2.1B | 2.4B | 2.5B | |
Non Current Assets Total | 1.4B | 1.9B | 2.8B | 4.0B | 5.4B | 5.6B | |
Non Currrent Assets Other | 63.4M | 38.1M | 75.3M | 103.4M | 55.2M | 51.0M | |
Long Term Debt | 291.1M | 184.1M | 525.0M | 1.5B | 1.5B | 1.6B | |
Non Current Liabilities Total | 367.0M | 309.1M | 774.2M | 1.9B | 1.9B | 2.0B | |
Other Stockholder Equity | 30.8M | 32.2M | 31.1M | 68.0M | 78.1M | 82.1M | |
Deferred Long Term Liab | 17.6M | 27.5M | 23.3M | 38.1M | 43.8M | 46.0M | |
Total Current Assets | 1.1B | 1.8B | 4.5B | 5.5B | 5.8B | 2.9B | |
Net Invested Capital | 1.8B | 2.1B | 4.5B | 6.7B | 7.9B | 4.0B | |
Short Long Term Debt | 120M | 254.0M | 804.5M | 1.4B | 2.4B | 2.5B | |
Non Current Liabilities Other | 121.8M | 290.5M | 791.7K | 3.8M | 3.1M | 3.0M | |
Net Working Capital | 403.1M | 208.4M | 1.2B | 1.8B | 946.5M | 872.1M | |
Net Debt | 273.3M | 312.2M | 691.3M | 1.7B | 2.6B | 2.8B |
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Other Information on Investing in Milkyway Stock
Balance Sheet is a snapshot of the financial position of Milkyway Chemical Supply at a specified time, usually calculated after every quarter, six months, or one year. Milkyway Chemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Milkyway Chemical 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 Milkyway currently owns. An asset can also be divided into two categories, current and non-current.