AXISCADES Net Income vs Investments Analysis

AXISCADES   566.45  0.60  0.11%   
AXISCADES Technologies financial indicator trend analysis is way more than just evaluating AXISCADES Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXISCADES Technologies is a good investment. Please check the relationship between AXISCADES Technologies Net Income and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXISCADES Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Income vs Investments

Net Income vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXISCADES Technologies Net Income account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AXISCADES Technologies' Net Income and Investments is -0.12. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Investments in the same time period over historical financial statements of AXISCADES Technologies Limited, assuming nothing else is changed. The correlation between historical values of AXISCADES Technologies' Net Income and Investments 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 Income of AXISCADES Technologies Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Income i.e., AXISCADES Technologies' Net Income and Investments go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AXISCADES Technologies financial statement analysis. It represents the amount of money remaining after all of AXISCADES Technologies Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from AXISCADES Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXISCADES Technologies 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 AXISCADES Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Issuance Of Capital Stock is expected to grow to about 2.3 B, whereas Selling General Administrative is forecasted to decline to about 233 M.
 2021 2022 2023 2024 (projected)
Interest Expense89.8M359.0M563.7M591.9M
Depreciation And Amortization251.1M265.7M337.9M354.8M

AXISCADES Technologies fundamental ratios Correlations

0.890.620.820.950.990.850.590.970.840.890.980.840.890.90.820.810.970.980.460.830.90.850.890.20.89
0.890.250.590.870.840.980.540.80.770.960.910.640.920.890.660.810.840.920.240.650.970.730.960.020.73
0.620.250.890.440.670.210.390.720.280.30.560.670.380.450.730.190.730.510.570.670.340.710.290.380.67
0.820.590.890.650.840.530.650.870.470.620.780.860.640.690.90.380.90.750.510.860.650.910.590.310.87
0.950.870.440.650.930.820.590.880.90.90.950.770.820.880.680.930.850.970.310.770.870.730.880.20.84
0.990.840.670.840.930.80.610.980.810.870.950.850.860.880.820.770.970.960.470.850.850.870.870.260.88
0.850.980.210.530.820.80.380.770.770.90.860.560.940.860.610.790.810.880.290.560.940.670.96-0.060.63
0.590.540.390.650.590.610.380.540.350.690.60.770.370.550.590.360.560.620.00.790.570.70.490.370.78
0.970.80.720.870.880.980.770.540.810.780.930.860.880.810.870.710.980.910.60.860.810.820.80.120.88
0.840.770.280.470.90.810.770.350.810.750.830.670.820.730.610.880.730.820.460.680.720.540.8-0.030.7
0.890.960.30.620.90.870.90.690.780.750.90.70.830.930.630.810.820.950.150.710.930.790.960.270.78
0.980.910.560.780.950.950.860.60.930.830.90.810.880.90.810.830.940.980.410.80.920.820.890.160.89
0.840.640.670.860.770.850.560.770.860.670.70.810.70.650.890.520.840.780.470.970.630.840.630.230.95
0.890.920.380.640.820.860.940.370.880.820.830.880.70.80.760.720.890.860.540.70.860.710.91-0.080.72
0.90.890.450.690.880.880.860.550.810.730.930.90.650.80.680.810.860.950.210.670.880.850.930.380.76
0.820.660.730.90.680.820.610.590.870.610.630.810.890.760.680.440.880.750.570.90.640.860.620.10.9
0.810.810.190.380.930.770.790.360.710.880.810.830.520.720.810.440.660.860.190.520.80.50.830.120.62
0.970.840.730.90.850.970.810.560.980.730.820.940.840.890.860.880.660.920.540.840.850.890.840.180.87
0.980.920.510.750.970.960.880.620.910.820.950.980.780.860.950.750.860.920.330.770.930.840.930.250.86
0.460.240.570.510.310.470.290.00.60.460.150.410.470.540.210.570.190.540.330.470.270.350.26-0.160.36
0.830.650.670.860.770.850.560.790.860.680.710.80.970.70.670.90.520.840.770.470.640.820.640.220.96
0.90.970.340.650.870.850.940.570.810.720.930.920.630.860.880.640.80.850.930.270.640.740.920.030.72
0.850.730.710.910.730.870.670.70.820.540.790.820.840.710.850.860.50.890.840.350.820.740.760.460.86
0.890.960.290.590.880.870.960.490.80.80.960.890.630.910.930.620.830.840.930.260.640.920.760.190.71
0.20.020.380.310.20.26-0.060.370.12-0.030.270.160.23-0.080.380.10.120.180.25-0.160.220.030.460.190.24
0.890.730.670.870.840.880.630.780.880.70.780.890.950.720.760.90.620.870.860.360.960.720.860.710.24
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AXISCADES Technologies Account Relationship Matchups

AXISCADES Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B7.4B7.9B9.0B11.4B12.0B
Short Long Term Debt Total1.7B1.0B720.6M3.5B3.2B3.3B
Other Current Liab1.9B1.8B2.4B720.8M805.4M760.5M
Total Current Liabilities4.1B3.4B4.4B3.6B3.4B1.8B
Total Stockholder Equity3.2B3.0B3.3B3.4B5.9B6.1B
Property Plant And Equipment Net1.7B1.7B1.6B1.7B2.2B2.3B
Net Debt1.3B553.8M113.6M2.7B2.6B2.8B
Cash447.8M487.2M606.9M750.7M556.1M311.6M
Non Current Assets Total4.6B3.8B3.6B3.7B4.8B5.0B
Non Currrent Assets Other469.1M263.8M237.3M308.3M1.0B1.1B
Cash And Short Term Investments736.4M899.0M775.1M1.9B1.7B1.8B
Net Receivables2.6B2.0B2.4B2.9B3.4B3.6B
Liabilities And Stockholders Equity8.6B7.4B7.9B9.0B11.4B12.0B
Non Current Liabilities Total1.3B987.0M221.1M2.0B2.0B2.1B
Inventory196.1M233.0M515.8M658.5M693.3M728.0M
Other Current Assets839.6M470.6M773.4M819.5M819.2M424.0M
Total Liab5.4B4.4B4.6B5.6B5.5B5.7B
Total Current Assets4.0B3.6B4.3B5.4B6.6B7.0B
Accumulated Other Comprehensive Income(419.7M)649.2M756.7M853.4M908.4M953.8M
Intangible Assets400.0M352.5M289.8M262.0M306.3M310.0M
Short Term Debt1.2B623.3M605.0M1.5B1.5B1.6B
Accounts Payable498.2M506.2M695.3M750.9M637.3M423.4M
Short Term Investments288.6M411.8M168.2M1.1B1.2B1.2B
Current Deferred Revenue(1.2B)1.8B2.4B645.8M428.7M307.5M
Retained Earnings1.4B1.1B1.3B1.3B1.6B1.1B
Good Will1.7B1.0B1.1B1.1B1.6B1.0B
Other Liab1.1B733.4M569.3M105.6M121.4M115.3M
Net Tangible Assets720.0M1.1B1.6B1.9B2.2B1.4B
Other Assets966.6M830.5M713.6M209.8M241.3M229.2M
Long Term Debt389.3M208.3M4.5M1.7B1.1B1.1B
Short Long Term Debt1.1B306.1M483.6M1.4B1.3B745.1M
Property Plant Equipment1.5B1.5B1.5B1.7B2.0B1.2B
Long Term Debt Total564.3M417.7M4.5M1.9B2.2B2.3B
Net Invested Capital4.6B3.5B3.8B6.5B8.2B5.6B
Net Working Capital(58.4M)240.3M(32.8M)1.8B3.2B3.3B

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Other Information on Investing in AXISCADES Stock

Balance Sheet is a snapshot of the financial position of AXISCADES Technologies at a specified time, usually calculated after every quarter, six months, or one year. AXISCADES Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AXISCADES Technologies 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 AXISCADES currently owns. An asset can also be divided into two categories, current and non-current.