III Operating Income vs Gross Profit Analysis

III Stock   3,596  15.00  0.42%   
3I Group financial indicator trend analysis is way more than just evaluating 3I Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3I Group PLC is a good investment. Please check the relationship between 3I Group Operating Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3I Group PLC Operating Income account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between 3I Group's Operating Income and Gross Profit is 1.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of 3I Group PLC, assuming nothing else is changed. The correlation between historical values of 3I Group's Operating Income and Gross Profit 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 3I Group PLC are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., 3I Group's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from 3I Group PLC 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 3I Group PLC 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 3I Group PLC minus its cost of goods sold. It is profit before 3I Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from 3I Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3I Group PLC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, 3I Group's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2024 (projected)
Interest Expense92M78.3M
Depreciation And Amortization6M9.4M

3I Group fundamental ratios Correlations

1.00.890.95-0.31-0.520.070.02-0.30.090.230.530.130.67-0.660.13-0.240.340.090.540.160.51-0.561.0-0.560.82
1.00.880.96-0.34-0.50.01-0.04-0.340.130.190.550.180.63-0.650.17-0.290.310.040.530.160.46-0.531.0-0.530.84
0.890.880.81-0.24-0.510.230.14-0.180.020.240.440.040.53-0.450.05-0.130.380.210.240.30.59-0.660.88-0.660.62
0.950.960.81-0.35-0.44-0.19-0.22-0.580.38-0.040.470.440.49-0.580.42-0.510.1-0.080.40.090.33-0.420.95-0.420.84
-0.31-0.34-0.24-0.350.130.350.390.07-0.13-0.05-0.69-0.170.060.01-0.130.46-0.10.4-0.17-0.060.060.24-0.320.24-0.35
-0.52-0.5-0.51-0.440.13-0.32-0.380.00.07-0.34-0.40.12-0.640.440.040.06-0.37-0.45-0.27-0.14-0.690.58-0.550.58-0.46
0.070.010.23-0.190.35-0.320.910.7-0.670.72-0.18-0.730.53-0.02-0.670.820.690.830.25-0.020.81-0.590.05-0.59-0.2
0.02-0.040.14-0.220.39-0.380.910.67-0.580.59-0.35-0.680.62-0.2-0.570.810.520.930.190.040.76-0.37-0.01-0.37-0.2
-0.3-0.34-0.18-0.580.070.00.70.67-0.850.68-0.01-0.930.210.11-0.870.850.570.430.160.060.3-0.18-0.33-0.18-0.46
0.090.130.020.38-0.130.07-0.67-0.58-0.85-0.76-0.150.95-0.32-0.021.0-0.81-0.61-0.27-0.24-0.26-0.310.190.120.190.21
0.230.190.24-0.04-0.05-0.340.720.590.68-0.760.34-0.780.62-0.01-0.770.710.970.440.440.20.6-0.590.22-0.590.06
0.530.550.440.47-0.69-0.4-0.18-0.35-0.01-0.150.34-0.10.17-0.17-0.14-0.30.4-0.410.340.320.07-0.440.56-0.440.57
0.130.180.040.44-0.170.12-0.73-0.68-0.930.95-0.78-0.1-0.350.010.96-0.88-0.66-0.42-0.24-0.24-0.370.250.160.250.27
0.670.630.530.490.06-0.640.530.620.21-0.320.620.17-0.35-0.69-0.280.360.610.60.650.070.74-0.470.65-0.470.49
-0.66-0.65-0.45-0.580.010.44-0.02-0.20.11-0.02-0.01-0.170.01-0.69-0.060.070.02-0.17-0.630.02-0.270.03-0.650.03-0.6
0.130.170.050.42-0.130.04-0.67-0.57-0.871.0-0.77-0.140.96-0.28-0.06-0.83-0.62-0.27-0.21-0.26-0.290.190.150.190.24
-0.24-0.29-0.13-0.510.460.060.820.810.85-0.810.71-0.3-0.880.360.07-0.830.60.620.150.120.41-0.16-0.28-0.16-0.4
0.340.310.380.1-0.1-0.370.690.520.57-0.610.970.4-0.660.610.02-0.620.60.440.40.220.65-0.720.33-0.720.14
0.090.040.21-0.080.4-0.450.830.930.43-0.270.44-0.41-0.420.6-0.17-0.270.620.440.11-0.040.82-0.470.07-0.47-0.13
0.540.530.240.4-0.17-0.270.250.190.16-0.240.440.34-0.240.65-0.63-0.210.150.40.11-0.370.34-0.320.53-0.320.49
0.160.160.30.09-0.06-0.14-0.020.040.06-0.260.20.32-0.240.070.02-0.260.120.22-0.04-0.370.0-0.030.17-0.030.32
0.510.460.590.330.06-0.690.810.760.3-0.310.60.07-0.370.74-0.27-0.290.410.650.820.340.0-0.830.51-0.830.22
-0.56-0.53-0.66-0.420.240.58-0.59-0.37-0.180.19-0.59-0.440.25-0.470.030.19-0.16-0.72-0.47-0.32-0.03-0.83-0.571.0-0.3
1.01.00.880.95-0.32-0.550.05-0.01-0.330.120.220.560.160.65-0.650.15-0.280.330.070.530.170.51-0.57-0.570.84
-0.56-0.53-0.66-0.420.240.58-0.59-0.37-0.180.19-0.59-0.440.25-0.470.030.19-0.16-0.72-0.47-0.32-0.03-0.831.0-0.57-0.3
0.820.840.620.84-0.35-0.46-0.2-0.2-0.460.210.060.570.270.49-0.60.24-0.40.14-0.130.490.320.22-0.30.84-0.3
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3I Group Account Relationship Matchups

3I Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B10.3B13.9B17.8B21.6B22.7B
Total Stockholder Equity7.8B9.2B12.8B16.8B20.2B21.2B
Other Liab116M97M98M966M869.4M912.9M
Retained Earnings822M916M1.1B1.3B1.5B1.6B
Accounts Payable73M62M80M76M96M88.6M
Other Assets323M133M115M384M(190M)(180.5M)
Total Liab810M1.2B1.2B975M1.5B1.4B
Intangible Assets9M8M6M5M4M3.8M
Common Stock Shares Outstanding969.7M966.5M968.6M965.3M966.9M942.5M
Property Plant And Equipment Net24M21M16M12M53M55.7M
Non Currrent Assets Other340M(27M)(18M)113M(21.1B)(20.0B)
Liabilities And Stockholders Equity8.6B10.3B13.9B17.8B21.6B22.7B
Other Stockholder Equity710M724M689M682M699M696.2M
Short Long Term Debt Total595M992M989M785M1.3B957.1M
Other Current Liab(79M)13M(294M)(90M)62M65.1M
Total Current Liabilities122M84M324M120M165M160.3M
Net Debt(176M)776M777M623M893M937.7M
Cash771M216M212M162M358M562.1M
Non Current Assets Total7.3B9.9B13.5B17.2B21.3B22.4B
Cash And Short Term Investments771M216M212M162M358M562.1M
Total Current Assets930M257M378M281M537M1.0B
Net Receivables7M8M51M40M49M46.6M
Accumulated Other Comprehensive Income5.5B6.8B10.2B14.1B17.2B18.1B
Net Tangible Assets7.9B7.7B9.2B12.7B14.7B7.6B
Long Term Investments7.4B9.9B14.3B17.5B21.0B22.1B
Net Invested Capital8.3B10.1B13.7B17.6B21.4B13.7B

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Other Information on Investing in III Stock

Balance Sheet is a snapshot of the financial position of 3I Group PLC at a specified time, usually calculated after every quarter, six months, or one year. 3I Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3I Group 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 III currently owns. An asset can also be divided into two categories, current and non-current.