Superior Net Income Per E B T vs Net Income Analysis

SUP Stock

USD 2.05 0.09 4.59%

Superior Industries financial indicator trend analysis is much more than just breaking down Superior Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Industries is a good investment. Please check the relationship between Superior Industries Net Income Per E B T and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Industries 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 employment.

Net Income Per E B T vs Net Income

Net Income Per E B T vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Industries Net Income Per E B T account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Superior Industries' Net Income Per E B T and Net Income is -0.21. Overlapping area represents the amount of variation of Net Income Per E B T that can explain the historical movement of Net Income in the same time period over historical financial statements of Superior Industries International, assuming nothing else is changed. The correlation between historical values of Superior Industries' Net Income Per E B T and Net 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 Net Income Per E B T of Superior Industries International are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income Per E B T i.e., Superior Industries' Net Income Per E B T and Net Income go up and down completely randomly.

Correlation Coefficient

-0.21

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income Per E B T

Net Income

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

Most indicators from Superior Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Industries 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 employment.

As of 12/23/2024, Enterprise Value is likely to grow to about 951.1 M, while Selling General Administrative is likely to drop slightly above 37.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	114.8M	166.4M	97.7M	93.7M
Total Revenue	1.4B	1.6B	1.4B	782.1M

Gross Profit Total Revenue

Superior Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.48	0.71	0.85	-0.04	0.95	0.83	-0.1	0.0	0.97	-0.6	-0.01	0.34	-0.41	0.88	0.95	0.53	-0.76	0.88	0.53	0.69	-0.13	0.78	0.66	0.69	0.6
Short Long Term Debt Total	0.48		0.42	0.42	0.23	0.53	0.29	0.11	0.07	0.44	-0.16	0.06	0.33	-0.42	0.34	0.46	0.34	-0.22	0.36	0.33	0.42	0.17	0.24	0.72	0.68	0.32
Other Current Liab	0.71	0.42		0.55	0.16	0.64	0.5	0.0	0.16	0.66	-0.43	0.16	0.34	-0.17	0.56	0.58	0.46	-0.31	0.56	0.39	0.6	-0.6	0.42	0.47	0.5	0.43
Total Current Liabilities	0.85	0.42	0.55		-0.42	0.93	0.83	-0.49	0.2	0.79	-0.25	0.18	-0.05	-0.27	0.87	0.95	0.6	-0.67	0.89	0.77	0.7	0.02	0.96	0.73	0.76	0.32
Total Stockholder Equity	-0.04	0.23	0.16	-0.42		-0.24	-0.5	0.89	-0.07	-0.09	-0.29	-0.05	0.78	0.05	-0.45	-0.24	-0.33	0.41	-0.46	-0.49	0.14	-0.11	-0.6	0.0	0.04	0.26
Property Plant And Equipment Net	0.95	0.53	0.64	0.93	-0.24		0.88	-0.26	-0.04	0.94	-0.43	-0.05	0.16	-0.42	0.91	0.97	0.55	-0.79	0.91	0.63	0.61	-0.03	0.87	0.73	0.75	0.47
Net Debt	0.83	0.29	0.5	0.83	-0.5	0.88		-0.54	-0.09	0.87	-0.47	-0.11	-0.01	-0.52	0.97	0.86	0.7	-0.81	0.97	0.72	0.37	-0.04	0.87	0.52	0.46	0.34
Retained Earnings	-0.1	0.11	0.0	-0.49	0.89	-0.26	-0.54		-0.33	-0.09	-0.26	-0.31	0.64	0.13	-0.49	-0.3	-0.65	0.23	-0.52	-0.77	-0.1	-0.08	-0.62	-0.2	-0.12	0.22
Cash	0.0	0.07	0.16	0.2	-0.07	-0.04	-0.09	-0.33		-0.21	0.39	1.0	-0.1	-0.03	0.06	0.05	0.42	0.22	0.1	0.42	0.64	-0.1	0.13	0.34	0.26	0.1
Non Current Assets Total	0.97	0.44	0.66	0.79	-0.09	0.94	0.87	-0.09	-0.21		-0.66	-0.22	0.3	-0.44	0.89	0.91	0.46	-0.83	0.88	0.45	0.5	-0.11	0.75	0.56	0.57	0.56
Non Currrent Assets Other	-0.6	-0.16	-0.43	-0.25	-0.29	-0.43	-0.47	-0.26	0.39	-0.66		0.39	-0.55	0.22	-0.44	-0.44	-0.16	0.42	-0.41	-0.03	-0.18	0.19	-0.23	-0.06	-0.07	-0.46
Cash And Short Term Investments	-0.01	0.06	0.16	0.18	-0.05	-0.05	-0.11	-0.31	1.0	-0.22	0.39		-0.09	-0.03	0.04	0.04	0.41	0.23	0.08	0.4	0.63	-0.11	0.11	0.33	0.25	0.1
Net Receivables	0.34	0.33	0.34	-0.05	0.78	0.16	-0.01	0.64	-0.1	0.3	-0.55	-0.09		-0.41	0.03	0.14	0.01	0.07	0.02	-0.12	0.32	-0.09	-0.22	0.32	0.24	0.38
Common Stock Shares Outstanding	-0.41	-0.42	-0.17	-0.27	0.05	-0.42	-0.52	0.13	-0.03	-0.44	0.22	-0.03	-0.41		-0.55	-0.34	-0.51	0.46	-0.54	-0.38	-0.13	-0.19	-0.2	-0.52	-0.21	-0.33
Non Current Liabilities Total	0.88	0.34	0.56	0.87	-0.45	0.91	0.97	-0.49	0.06	0.89	-0.44	0.04	0.03	-0.55		0.9	0.7	-0.85	1.0	0.71	0.51	-0.09	0.88	0.59	0.52	0.45
Inventory	0.95	0.46	0.58	0.95	-0.24	0.97	0.86	-0.3	0.05	0.91	-0.44	0.04	0.14	-0.34	0.9		0.58	-0.74	0.91	0.68	0.69	0.0	0.91	0.73	0.76	0.43
Other Current Assets	0.53	0.34	0.46	0.6	-0.33	0.55	0.7	-0.65	0.42	0.46	-0.16	0.41	0.01	-0.51	0.7	0.58		-0.31	0.72	0.91	0.52	-0.04	0.57	0.65	0.52	0.31
Other Stockholder Equity	-0.76	-0.22	-0.31	-0.67	0.41	-0.79	-0.81	0.23	0.22	-0.83	0.42	0.23	0.07	0.46	-0.85	-0.74	-0.31		-0.82	-0.29	-0.23	-0.07	-0.71	-0.33	-0.31	-0.54
Total Liab	0.88	0.36	0.56	0.89	-0.46	0.91	0.97	-0.52	0.1	0.88	-0.41	0.08	0.02	-0.54	1.0	0.91	0.72	-0.82		0.74	0.54	-0.07	0.9	0.62	0.55	0.43
Property Plant And Equipment Gross	0.53	0.33	0.39	0.77	-0.49	0.63	0.72	-0.77	0.42	0.45	-0.03	0.4	-0.12	-0.38	0.71	0.68	0.91	-0.29	0.74		0.56	0.07	0.75	0.71	0.61	0.06
Total Current Assets	0.69	0.42	0.6	0.7	0.14	0.61	0.37	-0.1	0.64	0.5	-0.18	0.63	0.32	-0.13	0.51	0.69	0.52	-0.23	0.54	0.56		-0.14	0.56	0.74	0.78	0.45
Short Term Debt	-0.13	0.17	-0.6	0.02	-0.11	-0.03	-0.04	-0.08	-0.1	-0.11	0.19	-0.11	-0.09	-0.19	-0.09	0.0	-0.04	-0.07	-0.07	0.07	-0.14		0.01	0.21	0.19	0.0
Accounts Payable	0.78	0.24	0.42	0.96	-0.6	0.87	0.87	-0.62	0.13	0.75	-0.23	0.11	-0.22	-0.2	0.88	0.91	0.57	-0.71	0.9	0.75	0.56	0.01		0.56	0.59	0.21
Common Stock Total Equity	0.66	0.72	0.47	0.73	0.0	0.73	0.52	-0.2	0.34	0.56	-0.06	0.33	0.32	-0.52	0.59	0.73	0.65	-0.33	0.62	0.71	0.74	0.21	0.56		0.93	0.4
Common Stock	0.69	0.68	0.5	0.76	0.04	0.75	0.46	-0.12	0.26	0.57	-0.07	0.25	0.24	-0.21	0.52	0.76	0.52	-0.31	0.55	0.61	0.78	0.19	0.59	0.93		0.41
Other Liab	0.6	0.32	0.43	0.32	0.26	0.47	0.34	0.22	0.1	0.56	-0.46	0.1	0.38	-0.33	0.45	0.43	0.31	-0.54	0.43	0.06	0.45	0.0	0.21	0.4	0.41

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Superior Industries Account Relationship Matchups

Superior Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.1B	1.1B	1.1B	1.0B	656.8M
Short Long Term Debt Total	619.0M	634.5M	610.8M	624.2M	625.9M	594.6M
Other Current Liab	58.1M	45.5M	48.3M	50.4M	60.9M	42.9M
Total Current Liabilities	191.1M	231.1M	231.9M	251.3M	198.9M	109.6M
Total Stockholder Equity	251.7M	(21.5M)	129.5M	197.5M	162.3M	154.2M
Property Plant And Equipment Net	529.3M	522.1M	494.4M	474M	408.6M	259.1M
Net Debt	537.1M	482.0M	497.3M	411.1M	424.3M	445.6M
Retained Earnings	258.4M	(17.3M)	(47.7M)	(47.1M)	(179.0M)	(170.0M)
Cash	77.9M	152.4M	113.5M	213.0M	201.6M	211.7M
Non Current Assets Total	957.7M	725.7M	649.9M	624.9M	570.6M	353.8M
Non Currrent Assets Other	67.9M	61.9M	50.9M	(51.6M)	35.6M	37.4M
Cash And Short Term Investments	77.9M	152.4M	113.5M	213.0M	201.6M	211.7M
Net Receivables	81.4M	54.0M	88.4M	75.0M	58.0M	98.3M
Common Stock Shares Outstanding	25.1M	25.5M	26.0M	27.6M	27.9M	21.7M
Liabilities And Stockholders Equity	1.3B	1.1B	1.1B	1.1B	1.0B	656.8M
Non Current Liabilities Total	869.1M	899.7M	691.6M	683.8M	668.5M	701.9M
Inventory	168.5M	155.0M	172.1M	178.7M	144.6M	84.3M
Other Current Assets	26.4M	22.3M	30.3M	42.2M	55.8M	58.6M
Other Stockholder Equity	(161.0M)	(179.4M)	21K	(3K)	(1.0)	(0.95)
Total Liab	1.1B	1.1B	923.5M	935.1M	867.4M	910.8M
Property Plant And Equipment Gross	529.3M	522.1M	1.1B	1.1B	1.1B	1.1B
Total Current Assets	354.2M	383.6M	404.3M	508.9M	459.9M	303.0M
Accumulated Other Comprehensive Income	(100.1M)	(99.4M)	(126.0M)	(89.3M)	(22.3M)	(23.4M)
Short Term Debt	4.0M	9.0M	8.5M	8.0M	8.3M	8.1M
Accounts Payable	123.1M	151.8M	153.2M	158.0M	124.9M	65.1M
Common Stock Total Equity	93.3M	95.2M	103.2M	111.1M	100.0M	95.0M
Common Stock	93.3M	95.2M	103.2M	111.1M	115.3M	64.4M
Other Liab	73.7M	77.5M	(100K)	61.2M	70.4M	52.9M
Other Assets	88.6M	91.3M	79.2M	(100K)	(115K)	(109.3K)
Property Plant Equipment	529.3M	522.1M	494.4M	474.0M	545.1M	335.1M
Net Tangible Assets	97.3M	48.7M	(225.9M)	147.0M	132.3M	188.7M
Long Term Debt	614.9M	625.5M	602.4M	616.1M	610.6M	373.9M
Retained Earnings Total Equity	258.4M	(17.3M)	(47.7M)	(47.1M)	(42.4M)	(40.3M)
Deferred Long Term Liab	12.4M	9.1M	3.9M	3.5M	3.1M	3.0M
Non Current Liabilities Other	74.2M	84.1M	85.4M	64.3M	47.8M	66.1M
Intangible Assets	428.4M	203.6M	76.9M	51.5M	33.2M	31.6M

Pair Trading with Superior Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Superior Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Superior Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Superior Stock

0.63	LI	Li Auto	Pair Corr
0.72	QS	Quantumscape Corp	Pair Corr

Moving against Superior Stock

0.8	DORM	Dorman Products	Pair Corr
0.67	GTX	Garrett Motion	Pair Corr
0.64	GT	Goodyear Tire Rubber	Pair Corr
0.61	WKSP	Worksport	Pair Corr
0.55	GM	General Motors	Pair Corr

The ability to find closely correlated positions to Superior Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Superior Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Superior Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Superior Industries International to buy it.

The correlation of Superior Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Superior Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Superior Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Superior Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Superior Stock Analysis

When running Superior Industries' price analysis, check to measure Superior Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Superior Industries is operating at the current time. Most of Superior Industries' value examination focuses on studying past and present price action to predict the probability of Superior Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Industries' price. Additionally, you may evaluate how the addition of Superior Industries to your portfolios can decrease your overall portfolio volatility.

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