Page Depreciation And Amortization vs Operating Income Analysis

PAGEIND Stock   44,645  171.05  0.38%   
Page Industries financial indicator trend analysis is much more than just breaking down Page Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Page Industries is a good investment. Please check the relationship between Page Industries Depreciation And Amortization and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries 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 gross domestic product.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Page Industries Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Page Industries' Depreciation And Amortization and Operating Income is 0.88. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Page Industries Limited, assuming nothing else is changed. The correlation between historical values of Page Industries' Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Page Industries Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Page Industries' Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from Page Industries 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 Page Industries Limited 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.
Most indicators from Page Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Page Industries 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries 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 gross domestic product.
As of December 1, 2024, Selling General Administrative is expected to decline to about 262.1 M. In addition to that, Tax Provision is expected to decline to about 1.7 B
 2021 2022 2023 2024 (projected)
Interest Expense322.0M412.8M448.9M471.4M
Depreciation And Amortization654.7M780.9M903.7M948.9M

Page Industries fundamental ratios Correlations

0.570.740.980.990.980.420.990.340.990.540.640.86-0.60.490.960.930.340.981.00.380.760.560.250.420.09
0.570.040.650.490.560.930.50.040.570.19-0.060.34-0.010.680.710.550.230.670.570.390.52-0.10.760.47-0.26
0.740.040.660.780.79-0.150.770.520.770.530.850.62-0.710.270.540.720.10.670.720.210.460.77-0.320.090.19
0.980.650.660.950.950.490.940.340.950.440.590.83-0.470.470.960.910.31.00.990.380.840.510.370.540.0
0.990.490.780.950.980.341.00.330.990.570.670.86-0.670.440.930.930.330.950.990.350.70.60.160.340.17
0.980.560.790.950.980.40.990.341.00.610.630.8-0.690.520.930.950.290.960.970.360.670.550.170.30.05
0.420.93-0.150.490.340.40.36-0.330.410.14-0.230.24-0.010.530.590.440.160.510.420.290.35-0.180.810.27-0.24
0.990.50.770.941.00.990.360.30.990.60.650.86-0.690.460.930.940.350.950.980.340.680.590.170.30.15
0.340.040.520.340.330.34-0.330.30.350.110.480.240.020.310.230.210.160.350.330.210.420.24-0.270.5-0.02
0.990.570.770.950.991.00.410.990.350.60.630.81-0.670.540.930.950.310.960.980.380.680.550.180.320.05
0.540.190.530.440.570.610.140.60.110.60.50.4-0.740.40.420.60.080.480.510.050.210.53-0.27-0.32-0.12
0.64-0.060.850.590.670.63-0.230.650.480.630.50.67-0.490.160.40.520.140.590.640.190.530.96-0.370.250.22
0.860.340.620.830.860.80.240.860.240.810.40.67-0.450.420.80.670.580.840.880.540.740.640.20.420.24
-0.6-0.01-0.71-0.47-0.67-0.69-0.01-0.690.02-0.67-0.74-0.49-0.45-0.11-0.49-0.71-0.02-0.5-0.570.0-0.07-0.520.270.4-0.12
0.490.680.270.470.440.520.530.460.310.540.40.160.42-0.110.50.380.580.530.460.570.390.110.220.2-0.27
0.960.710.540.960.930.930.590.930.230.930.420.40.8-0.490.50.910.370.960.960.380.740.320.470.460.04
0.930.550.720.910.930.950.440.940.210.950.60.520.67-0.710.380.910.110.910.920.150.620.450.230.210.05
0.340.230.10.30.330.290.160.350.160.310.080.140.58-0.020.580.370.110.340.350.350.320.180.160.270.11
0.980.670.671.00.950.960.510.950.350.960.480.590.84-0.50.530.960.910.340.990.410.820.50.360.51-0.02
1.00.570.720.990.990.970.420.980.330.980.510.640.88-0.570.460.960.920.350.990.370.780.560.270.450.1
0.380.390.210.380.350.360.290.340.210.380.050.190.540.00.570.380.150.350.410.370.330.10.210.320.05
0.760.520.460.840.70.670.350.680.420.680.210.530.74-0.070.390.740.620.320.820.780.330.450.380.71-0.16
0.56-0.10.770.510.60.55-0.180.590.240.550.530.960.64-0.520.110.320.450.180.50.560.10.45-0.350.10.21
0.250.76-0.320.370.160.170.810.17-0.270.18-0.27-0.370.20.270.220.470.230.160.360.270.210.38-0.350.49-0.06
0.420.470.090.540.340.30.270.30.50.32-0.320.250.420.40.20.460.210.270.510.450.320.710.10.49-0.01
0.09-0.260.190.00.170.05-0.240.15-0.020.05-0.120.220.24-0.12-0.270.040.050.11-0.020.10.05-0.160.21-0.06-0.01
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Page Industries Account Relationship Matchups

Page Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B17.0B21.1B26.9B26.8B28.2B
Short Long Term Debt Total1.8B1.3B1.1B4.1B1.8B1.0B
Other Current Liab3.9B4.5B4.6B544.0M6.6B7.0B
Total Current Liabilities5.6B7.1B9.4B11.9B9.4B9.9B
Total Stockholder Equity8.2B8.8B10.9B13.7B16.0B16.8B
Property Plant And Equipment Net4.3B4.1B4.7B6.3B7.2B7.6B
Net Debt596.7M873.6M209.4M4.1B1.5B831.8M
Retained Earnings6.9B7.6B9.6B12.4B14.7B15.4B
Cash1.2B396.9M889.7M6.6M331.9M196.7M
Non Current Assets Total5.0B4.7B5.4B7.3B8.1B8.5B
Non Currrent Assets Other155.5M527.6M649.9M760.2M3.3B3.5B
Cash And Short Term Investments1.2B4.3B2.8B96.2M3.1B3.3B
Net Receivables737.8M1.4B1.7B1.5B1.6B1.7B
Liabilities And Stockholders Equity15.1B17.0B21.1B26.9B26.8B28.2B
Non Current Liabilities Total1.4B1.0B819.6M1.3B1.5B751.3M
Inventory7.2B5.5B9.7B16.0B11.8B12.4B
Other Current Assets825.7M629.2M1.2B2.1B2.3B2.4B
Total Liab6.9B8.1B10.2B13.2B10.9B11.4B
Total Current Assets10.1B12.3B15.7B19.6B18.8B19.7B
Accumulated Other Comprehensive Income(621.8M)(896.9M)(1.2B)739.9M850.9M893.4M
Accounts Payable938.3M2.2B3.6B2.9B2.2B1.1B
Short Term Investments24.6M4.0B1.9B89.6M2.8B2.9B
Short Term Debt493.5M326.5M1.0B2.8B428M406.6M
Current Deferred Revenue4.1B4.4B5.1B5.7B105.4M100.1M
Intangible Assets33.1M23.2M19.7M25.9M41.4M37.7M
Other Liab218.6M94.2M82.6M73.1M65.8M62.5M
Net Tangible Assets7.7B8.2B8.8B10.9B12.5B7.6B
Other Assets553.6M393.4M686.2M97.9M(9K)(8.6K)
Short Long Term Debt359.3M649.1M180.0M422K0.02.5B
Property Plant Equipment4.3B4.1B4.7B6.3B7.3B3.7B
Long Term Debt Total1.3B944.0M746.5M1.2B1.4B734.9M
Non Current Liabilities Other92.1M82.6M73.1M63.6M54.1M70.6M
Net Invested Capital8.6B8.8B10.9B16.2B16.0B12.3B
Net Working Capital4.6B5.1B6.3B7.7B9.4B6.8B

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Other Information on Investing in Page Stock

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