Fisher Operating Income vs Discontinued Operations Analysis

FPH Stock   33.55  0.13  0.39%   
Fisher Paykel financial indicator trend analysis is much more than just examining Fisher Paykel Healthcare latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fisher Paykel Healthcare is a good investment. Please check the relationship between Fisher Paykel Operating Income and its Discontinued Operations accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisher Paykel Healthcare. 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.

Operating Income vs Discontinued Operations

Operating Income vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fisher Paykel Healthcare Operating Income account and Discontinued Operations. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fisher Paykel's Operating Income and Discontinued Operations is 0.31. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Fisher Paykel Healthcare, assuming nothing else is changed. The correlation between historical values of Fisher Paykel's Operating Income and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Fisher Paykel Healthcare are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Operating Income i.e., Fisher Paykel's Operating Income and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Fisher Paykel Healthcare 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 Fisher Paykel Healthcare 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.

Discontinued Operations

Most indicators from Fisher Paykel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fisher Paykel Healthcare 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fisher Paykel Healthcare. 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.
At this time, Fisher Paykel's Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 517.4 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit938.7M885.3M1.0B1.1B
Total Revenue1.5B1.5B1.7B1.8B

Fisher Paykel fundamental ratios Correlations

0.980.921.00.40.990.490.930.23-0.30.9-0.290.970.30.93-0.36-0.230.960.230.990.720.97-0.070.160.980.6
0.980.90.970.360.980.40.890.14-0.340.9-0.330.950.280.91-0.33-0.230.90.270.980.720.97-0.150.170.980.67
0.920.90.890.470.890.540.830.26-0.340.94-0.30.820.160.98-0.25-0.070.90.450.890.680.880.130.120.890.6
1.00.970.890.381.00.470.930.23-0.30.87-0.290.970.290.9-0.39-0.280.950.170.990.710.97-0.10.160.980.59
0.40.360.470.380.350.710.46-0.04-0.710.53-0.150.25-0.240.45-0.520.00.370.160.40.50.42-0.080.370.440.05
0.990.980.891.00.350.420.920.22-0.30.88-0.330.970.290.9-0.38-0.240.940.210.990.730.98-0.120.190.990.64
0.490.40.540.470.710.420.590.31-0.260.50.210.38-0.070.52-0.26-0.420.61-0.070.40.120.360.21-0.210.41-0.19
0.930.890.830.930.460.920.590.3-0.290.81-0.130.910.310.83-0.3-0.40.940.040.90.560.87-0.04-0.020.90.35
0.230.140.260.23-0.040.220.310.30.060.00.090.280.010.21-0.12-0.320.45-0.370.11-0.060.070.66-0.190.12-0.26
-0.3-0.34-0.34-0.3-0.71-0.3-0.26-0.290.06-0.490.36-0.170.58-0.260.580.09-0.21-0.09-0.34-0.47-0.40.17-0.53-0.39-0.32
0.90.90.940.870.530.880.50.810.0-0.49-0.280.770.040.92-0.29-0.120.810.410.90.710.9-0.070.190.90.68
-0.29-0.33-0.3-0.29-0.15-0.330.21-0.130.090.36-0.28-0.260.12-0.250.47-0.32-0.13-0.41-0.37-0.63-0.410.25-0.69-0.38-0.54
0.970.950.820.970.250.970.380.910.28-0.170.77-0.260.420.84-0.31-0.280.930.130.950.650.93-0.130.090.940.55
0.30.280.160.29-0.240.29-0.070.310.010.580.040.120.420.270.110.040.270.030.30.190.270.06-0.130.270.07
0.930.910.980.90.450.90.520.830.21-0.260.92-0.250.840.27-0.230.00.890.450.910.730.890.090.150.90.62
-0.36-0.33-0.25-0.39-0.52-0.38-0.26-0.3-0.120.58-0.290.47-0.310.11-0.230.19-0.320.29-0.39-0.61-0.44-0.01-0.75-0.45-0.1
-0.23-0.23-0.07-0.280.0-0.24-0.42-0.4-0.320.09-0.12-0.32-0.280.040.00.19-0.360.68-0.160.31-0.13-0.140.44-0.170.32
0.960.90.90.950.370.940.610.940.45-0.210.81-0.130.930.270.89-0.32-0.360.070.90.560.870.12-0.010.90.39
0.230.270.450.170.160.21-0.070.04-0.37-0.090.41-0.410.130.030.450.290.680.070.280.390.29-0.210.160.250.65
0.990.980.890.990.40.990.40.90.11-0.340.9-0.370.950.30.91-0.39-0.160.90.280.791.0-0.180.261.00.69
0.720.720.680.710.50.730.120.56-0.06-0.470.71-0.630.650.190.73-0.610.310.560.390.790.83-0.190.760.810.71
0.970.970.880.970.420.980.360.870.07-0.40.9-0.410.930.270.89-0.44-0.130.870.291.00.83-0.20.331.00.72
-0.07-0.150.13-0.1-0.08-0.120.21-0.040.660.17-0.070.25-0.130.060.09-0.01-0.140.12-0.21-0.18-0.19-0.2-0.18-0.17-0.33
0.160.170.120.160.370.19-0.21-0.02-0.19-0.530.19-0.690.09-0.130.15-0.750.44-0.010.160.260.760.33-0.180.30.43
0.980.980.890.980.440.990.410.90.12-0.390.9-0.380.940.270.9-0.45-0.170.90.251.00.811.0-0.170.30.67
0.60.670.60.590.050.64-0.190.35-0.26-0.320.68-0.540.550.070.62-0.10.320.390.650.690.710.72-0.330.430.67
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Fisher Paykel Account Relationship Matchups

Fisher Paykel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.9B2.0B2.1B2.3B2.4B
Other Current Liab133.4M178.9M181.1M219.3M256.4M269.2M
Total Current Liabilities324.1M393.1M281.5M271.2M385M404.3M
Total Stockholder Equity943.2M1.4B1.6B1.6B1.8B1.8B
Other Liab81M33.9M36.1M36.8M42.3M32.8M
Net Tangible Assets899.9M1.4B1.6B1.7B1.9B2.0B
Accounts Payable67.1M52.1M53.8M43M32.4M30.0M
Cash65.0M89.5M83.3M113.3M82M86.1M
Long Term Debt22M62.8M63M79.1M35.7M44.5M
Net Receivables216.3M210.5M142.8M179.6M257.2M270.1M
Inventory141.9M248.8M332.4M342.4M320.4M336.4M
Other Current Assets4.0M39.4M30.7M107.3M45.3M25.6M
Total Liab446.7M509.5M395.8M422.2M522.6M548.7M
Short Long Term Debt80.6M11.9M5.3M4.2M78.5M82.4M
Total Current Assets502.4M846.0M822.4M724.6M704.9M740.1M
Short Term Debt89.3M24.5M17M21.3M96.2M101.0M
Property Plant Equipment735.3M882.1M957.8M1.1B1.3B1.4B
Short Long Term Debt Total133.3M116.3M96.6M136.5M189.1M198.6M
Property Plant And Equipment Net712.2M811.1M887.2M1.1B1.3B1.4B
Current Deferred Revenue34.3M137.6M29.5M6.2M7.1M6.7M
Net Debt66.9M19.4M13.3M23.2M107.1M112.5M
Non Current Assets Total887.6M1.1B1.1B1.3B1.6B1.7B
Cash And Short Term Investments140.3M347.2M268.5M113.3M82M79.7M
Common Stock Total Equity198.4M219.2M225.4M249.1M286.5M156.1M
Liabilities And Stockholders Equity1.4B1.9B2.0B2.1B2.3B2.4B
Non Current Liabilities Total122.6M116.4M114.3M151.0M137.6M79.8M
Property Plant And Equipment Gross735.3M882.1M1.4B1.6B1.9B2.0B
Common Stock221.8M231.1M246.7M287.3M404M424.2M
Retained Earnings664.8M946.4M1.1B1.1B1.1B1.1B
Other Stockholder Equity(3.5M)(2.0M)(123.8M)(112.3M)(101.0M)(96.0M)
Accumulated Other Comprehensive Income60.2M223.1M219.8M233.2M260.1M273.1M
Intangible Assets71.6M73.6M80.4M80.1M88.4M92.8M
Short Term Investments75.3M257.7M185.3M500K575K546.3K
Long Term Debt Total52.5M69M44M91.8M105.6M63.1M
Treasury Stock(3M)(1.8M)(3.6M)(2.2M)(2.0M)(2.1M)

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