Cummins Interest Income from 2010 to 2024

CMI Stock  USD 375.27  2.65  0.71%   
Cummins' Interest Income is increasing with slightly volatile movements from year to year. Interest Income is predicted to flatten to about 77 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
52 M
Current Value
53 M
Quarterly Volatility
23.7 M
 
Covid
Check Cummins financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cummins' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 393.8 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0282 or PTB Ratio of 4.03. Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.
  
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

Latest Cummins' Interest Income Growth Pattern

Below is the plot of the Interest Income of Cummins over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Cummins' Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cummins' overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Cummins Interest Income Regression Statistics

Arithmetic Mean59,466,667
Geometric Mean48,398,320
Coefficient Of Variation78.18
Mean Deviation33,422,222
Median37,000,000
Standard Deviation46,490,962
Sample Variance2161.4T
Range181M
R-Value0.63
Mean Square Error1410.7T
R-Squared0.39
Significance0.01
Slope6,525,000
Total Sum of Squares30259.7T

Cummins Interest Income History

202477 M
202387 M
2022199 M
2021111 M
202074 M
201946 M
201835 M

Other Fundumenentals of Cummins

Cummins Interest Income component correlations

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About Cummins Financial Statements

Investors use fundamental indicators, such as Cummins' Interest Income, to determine how well the company is positioned to perform in the future. Although Cummins' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Interest Income87 M77 M
Net Interest Income-283 M-268.9 M

Currently Active Assets on Macroaxis

When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.277
Dividend Share
6.86
Earnings Share
15.27
Revenue Per Share
245.499
Quarterly Revenue Growth
0.003
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.