Navin Operating Income vs Net Income From Continuing Ops Analysis

NAVINFLUOR   3,558  16.55  0.46%   
Navin Fluorine financial indicator trend analysis is infinitely more than just investigating Navin Fluorine Inter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navin Fluorine Inter is a good investment. Please check the relationship between Navin Fluorine Operating Income and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navin Fluorine International. 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 Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navin Fluorine Inter Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Navin Fluorine's Operating Income and Net Income From Continuing Ops is 0.75. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Navin Fluorine International, assuming nothing else is changed. The correlation between historical values of Navin Fluorine's Operating Income and Net Income From Continuing Ops 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 Navin Fluorine International are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Navin Fluorine's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Navin Fluorine Inter 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 Navin Fluorine International 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.

Net Income From Continuing Ops

Most indicators from Navin Fluorine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navin Fluorine Inter 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navin Fluorine International. 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.
The value of Selling General Administrative is expected to slide to about 162.1 M. The value of Tax Provision is estimated to slide to about 577.1 M
 2021 2022 2023 2024 (projected)
Interest Expense19M275.2M745.6M782.9M
Depreciation And Amortization467.7M615.1M961.6M1.0B

Navin Fluorine fundamental ratios Correlations

0.930.880.960.960.980.91-0.240.990.460.620.77-0.520.930.950.910.590.950.960.8-0.740.550.980.710.830.54
0.930.80.970.790.971.0-0.440.960.470.480.7-0.591.00.850.810.660.990.810.93-0.830.290.960.620.920.26
0.880.80.880.850.90.78-0.160.880.340.470.8-0.430.810.860.840.50.840.840.7-0.610.360.870.530.70.69
0.960.970.880.850.990.96-0.360.980.450.550.79-0.610.970.870.840.630.990.860.92-0.850.40.970.670.870.41
0.960.790.850.850.90.76-0.070.920.420.680.74-0.420.80.940.890.50.830.990.63-0.60.670.910.710.70.67
0.980.970.90.990.90.95-0.340.990.430.520.76-0.550.970.930.90.620.980.90.86-0.780.430.990.630.850.48
0.911.00.780.960.760.95-0.520.950.430.440.69-0.580.990.830.80.660.990.780.93-0.830.280.950.60.910.25
-0.24-0.44-0.16-0.36-0.07-0.34-0.52-0.330.20.24-0.240.25-0.44-0.21-0.3-0.33-0.42-0.07-0.40.350.04-0.34-0.04-0.36-0.04
0.990.960.880.980.920.990.95-0.330.480.550.76-0.560.960.920.910.620.980.910.86-0.790.490.990.660.860.48
0.460.470.340.450.420.430.430.20.480.370.16-0.330.450.350.410.130.450.390.47-0.470.360.480.330.5-0.03
0.620.480.470.550.680.520.440.240.550.370.73-0.420.460.450.30.250.50.710.51-0.580.480.550.960.550.23
0.770.70.80.790.740.760.69-0.240.760.160.73-0.530.680.620.550.480.730.740.71-0.720.290.740.820.70.55
-0.52-0.59-0.43-0.61-0.42-0.55-0.580.25-0.56-0.33-0.42-0.53-0.57-0.38-0.36-0.39-0.59-0.43-0.660.880.01-0.54-0.5-0.59-0.01
0.931.00.810.970.80.970.99-0.440.960.450.460.68-0.570.880.830.651.00.830.91-0.810.320.960.60.90.29
0.950.850.860.870.940.930.83-0.210.920.350.450.62-0.380.880.950.60.880.940.66-0.550.510.930.520.720.6
0.910.810.840.840.890.90.8-0.30.910.410.30.55-0.360.830.950.540.840.850.61-0.520.590.90.390.660.68
0.590.660.50.630.50.620.66-0.330.620.130.250.48-0.390.650.60.540.650.510.69-0.520.050.560.350.790.18
0.950.990.840.990.830.980.99-0.420.980.450.50.73-0.591.00.880.840.650.850.92-0.830.350.970.630.90.34
0.960.810.840.860.990.90.78-0.070.910.390.710.74-0.430.830.940.850.510.850.66-0.610.610.920.750.730.6
0.80.930.70.920.630.860.93-0.40.860.470.510.71-0.660.910.660.610.690.920.66-0.910.120.830.640.920.08
-0.74-0.83-0.61-0.85-0.6-0.78-0.830.35-0.79-0.47-0.58-0.720.88-0.81-0.55-0.52-0.52-0.83-0.61-0.91-0.16-0.77-0.69-0.81-0.06
0.550.290.360.40.670.430.280.040.490.360.480.290.010.320.510.590.050.350.610.12-0.160.490.460.190.55
0.980.960.870.970.910.990.95-0.340.990.480.550.74-0.540.960.930.90.560.970.920.83-0.770.490.660.840.47
0.710.620.530.670.710.630.6-0.040.660.330.960.82-0.50.60.520.390.350.630.750.64-0.690.460.660.670.25
0.830.920.70.870.70.850.91-0.360.860.50.550.7-0.590.90.720.660.790.90.730.92-0.810.190.840.670.15
0.540.260.690.410.670.480.25-0.040.48-0.030.230.55-0.010.290.60.680.180.340.60.08-0.060.550.470.250.15
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Navin Fluorine Account Relationship Matchups

Navin Fluorine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.3B19.0B23.9B35.3B43.8B46.0B
Short Long Term Debt Total227.3M250.5M1.2B8.6B13.7B14.4B
Other Current Liab713.5M766.3M2.2B1.7B2.3B2.4B
Total Current Liabilities1.8B2.0B3.8B5.2B8.6B9.0B
Total Stockholder Equity14.1B16.3B18.4B21.8B23.8B25.0B
Property Plant And Equipment Net4.3B4.9B11.6B17.8B24.4B25.7B
Net Debt(1.5B)(1.1B)450.8M8.5B13.6B14.3B
Cash1.8B1.3B757.4M144.7M66.4M63.1M
Non Current Assets Total8.4B7.0B13.7B20.6B28.2B29.6B
Non Currrent Assets Other3.4B42.7M59.9M664.7M2.2B2.3B
Cash And Short Term Investments3.3B6.1B1.8B738M5.0B5.2B
Net Receivables58.8M3.0B3.8B806.4M5.2B5.5B
Common Stock Shares Outstanding49.5M49.6M49.6M49.7M49.6M39.6M
Liabilities And Stockholders Equity16.3B19.0B23.9B35.3B43.8B46.0B
Non Current Liabilities Total391.4M616.1M1.6B8.2B11.4B11.9B
Inventory1.6B1.8B2.6B4.7B3.7B3.9B
Other Current Assets2.9B427.5M5.8B8.7B6.9B7.2B
Other Stockholder Equity200.3M217.2M254.7M2.7B2.8B2.9B
Total Liab2.2B2.6B5.4B13.4B19.9B20.9B
Total Current Assets7.8B11.9B10.2B14.7B15.5B16.3B
Accumulated Other Comprehensive Income(1.1B)2.3B2.3B2.5B23.7B24.9B
Short Term Debt77.4M98.4M111.3M1.0B3.3B3.5B
Common Stock98.9M99.0M99.0M99.1M89.2M79.1M
Accounts Payable981.0M1.1B1.5B2.4B3.0B3.2B
Short Term Investments1.5B4.8B1.1B593.3M4.9B5.1B
Intangible Assets9.5M8.3M4.9M15.5M24.6M25.8M
Current Deferred Revenue526.6M685.7M2.2B1.2B900.2M776.1M
Retained Earnings11.5B13.7B15.8B19.0B21.0B10.5B
Other Liab579.0M238.0M460.4M473.1M425.8M417.7M
Net Tangible Assets9.8B13.2B15.5B17.6B20.2B10.8B
Other Assets2.1B1.1B1.1B766.6M881.6M1.1B
Long Term Debt42.2M0.01B7.5B10.2B10.7B
Short Long Term Debt17.6M25.2M44.7M955.2M3.2B3.3B
Property Plant Equipment4.2B4.9B11.6B17.8B20.5B21.5B
Long Term Debt Total153.4M155.6M1.1B7.6B8.7B9.2B
Capital Surpluse200.2M217.1M254.7M271.8M312.6M208.2M
Non Current Liabilities Other1.7M135.0M134.9M134.7M134.5M103.3M
Net Invested Capital14.1B16.4B19.5B30.3B37.2B21.7B

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Other Information on Investing in Navin Stock

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