Aerospace Net Income From Continuing Ops vs Total Revenue Analysis

000901 Stock   11.31  0.03  0.26%   
Aerospace Hi-Tech financial indicator trend analysis is way more than just evaluating Aerospace Hi Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aerospace Hi Tech is a good investment. Please check the relationship between Aerospace Hi-Tech Net Income From Continuing Ops and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerospace Hi Tech Holding. 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.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aerospace Hi Tech Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aerospace Hi-Tech's Net Income From Continuing Ops and Total Revenue is -0.34. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Aerospace Hi Tech Holding, assuming nothing else is changed. The correlation between historical values of Aerospace Hi-Tech's Net Income From Continuing Ops and Total Revenue 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 From Continuing Ops of Aerospace Hi Tech Holding are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Aerospace Hi-Tech's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Aerospace Hi Tech generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Aerospace Hi-Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aerospace Hi Tech 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerospace Hi Tech Holding. 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 current year's Tax Provision is expected to grow to about 20.5 M, whereas Selling General Administrative is forecasted to decline to about 204.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.1B1.1B1.3B1.2B
Research Development296.3M377.9M434.6M305.4M

Aerospace Hi-Tech fundamental ratios Correlations

0.040.980.970.970.230.960.940.940.930.970.650.980.850.940.970.860.530.91-0.660.460.860.81-0.710.86-0.71
0.04-0.120.180.210.45-0.190.3-0.030.01-0.170.53-0.130.260.0-0.12-0.20.140.110.10.52-0.030.05-0.46-0.18-0.26
0.98-0.120.910.910.120.990.860.930.920.990.521.00.790.920.970.90.520.84-0.660.350.810.76-0.60.86-0.63
0.970.180.910.960.360.890.970.890.90.90.740.90.870.920.920.740.510.94-0.590.590.90.83-0.80.81-0.8
0.970.210.910.960.360.870.950.870.920.880.750.910.920.850.890.810.460.87-0.550.530.830.75-0.770.75-0.78
0.230.450.120.360.360.030.33-0.060.450.060.730.070.650.080.040.140.310.140.460.540.370.21-0.16-0.12-0.44
0.96-0.190.990.890.870.030.840.950.881.00.450.990.720.940.980.870.490.86-0.720.320.810.77-0.610.9-0.62
0.940.30.860.970.950.330.840.880.840.850.780.860.840.90.880.690.530.9-0.620.560.810.78-0.840.77-0.76
0.94-0.030.930.890.87-0.060.950.880.760.950.470.950.630.960.980.790.440.92-0.860.360.80.79-0.730.92-0.6
0.930.010.920.90.920.450.880.840.760.890.680.890.940.780.840.870.560.75-0.360.40.810.67-0.560.69-0.75
0.97-0.170.990.90.880.061.00.850.950.890.480.990.730.940.990.880.520.87-0.720.330.830.78-0.610.9-0.62
0.650.530.520.740.750.730.450.780.470.680.480.510.830.550.510.480.460.63-0.180.650.660.63-0.60.41-0.6
0.98-0.131.00.90.910.070.990.860.950.890.990.510.750.930.980.910.50.85-0.720.330.80.76-0.610.88-0.6
0.850.260.790.870.920.650.720.840.630.940.730.830.750.660.710.730.460.7-0.20.530.780.63-0.60.54-0.78
0.940.00.920.920.850.080.940.90.960.780.940.550.930.660.970.750.530.93-0.80.490.840.86-0.690.91-0.57
0.97-0.120.970.920.890.040.980.880.980.840.990.510.980.710.970.850.470.91-0.780.380.850.82-0.660.92-0.61
0.86-0.20.90.740.810.140.870.690.790.870.880.480.910.730.750.850.510.64-0.530.160.690.59-0.360.71-0.44
0.530.140.520.510.460.310.490.530.440.560.520.460.50.460.530.470.510.38-0.250.190.370.32-0.320.36-0.35
0.910.110.840.940.870.140.860.90.920.750.870.630.850.70.930.910.640.38-0.770.570.910.92-0.80.93-0.69
-0.660.1-0.66-0.59-0.550.46-0.72-0.62-0.86-0.36-0.72-0.18-0.72-0.2-0.8-0.78-0.53-0.25-0.77-0.18-0.54-0.670.57-0.860.23
0.460.520.350.590.530.540.320.560.360.40.330.650.330.530.490.380.160.190.57-0.180.520.67-0.50.37-0.4
0.86-0.030.810.90.830.370.810.810.80.810.830.660.80.780.840.850.690.370.91-0.540.520.89-0.590.83-0.67
0.810.050.760.830.750.210.770.780.790.670.780.630.760.630.860.820.590.320.92-0.670.670.89-0.560.89-0.47
-0.71-0.46-0.6-0.8-0.77-0.16-0.61-0.84-0.73-0.56-0.61-0.6-0.61-0.6-0.69-0.66-0.36-0.32-0.80.57-0.5-0.59-0.56-0.60.84
0.86-0.180.860.810.75-0.120.90.770.920.690.90.410.880.540.910.920.710.360.93-0.860.370.830.89-0.6-0.49
-0.71-0.26-0.63-0.8-0.78-0.44-0.62-0.76-0.6-0.75-0.62-0.6-0.6-0.78-0.57-0.61-0.44-0.35-0.690.23-0.4-0.67-0.470.84-0.49
Click cells to compare fundamentals

Aerospace Hi-Tech Account Relationship Matchups

Aerospace Hi-Tech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.3B7.6B8.4B8.8B10.1B10.6B
Other Current Liab447.9M307.7M30.1M33.6M38.7M36.7M
Total Current Liabilities1.8B1.9B2.3B2.9B3.3B3.5B
Total Stockholder Equity4.3B4.2B4.3B4.2B4.8B5.1B
Other Liab334.5M372.1M389.3M393.2M452.2M474.8M
Retained Earnings340.3M364.9M322.7M169.5M194.9M326.1M
Accounts Payable1.1B1.3B1.6B2.0B2.3B2.4B
Cash1.2B1.2B1.1B988.3M1.1B1.2B
Other Assets236.7M298.5M558.4M637.7M733.3M770.0M
Net Receivables943.4M1.0B1.2B1.5B1.7B1.8B
Inventory1.2B1.3B1.8B2.0B2.3B2.4B
Other Current Assets240.5M239.9M257.5M161.6M185.9M130.8M
Total Liab2.8B3.2B3.9B4.4B5.0B5.3B
Intangible Assets299.9M308.9M327.6M355.6M409.0M429.4M
Property Plant Equipment1.4B1.5B1.7B2.0B2.3B2.4B
Long Term Debt210.7M341.5M503.8M502.0M577.3M606.2M
Net Tangible Assets2.8B3.8B3.7B3.7B4.3B3.1B
Good Will383.5M353.2M360.8M377.2M339.5M538.1M
Other Stockholder Equity73.6M91.1M150.5M(15.9M)(18.3M)(17.4M)
Deferred Long Term Liab119.2M172.4M100.5M140.5M161.6M124.8M
Short Long Term Debt14.5M80.7M142.6M231.8M208.6M147.1M
Total Current Assets4.5B4.5B5.0B5.2B6.0B4.5B
Non Current Assets Total2.8B3.1B3.4B3.6B4.1B3.3B
Non Currrent Assets Other312.8M332.8M228.6M271.6M312.3M176.5M
Non Current Liabilities Total993.6M1.2B1.6B1.5B1.7B1.1B
Non Current Liabilities Other112.6M110.2M101.3M149.2M171.6M112.4M
Net Invested Capital4.6B4.6B4.9B4.9B5.7B5.0B
Net Working Capital2.7B2.6B2.6B2.3B2.6B2.5B
Property Plant And Equipment Net1.5B1.7B2.0B2.2B2.5B1.9B
Property Plant And Equipment Gross3.0B3.3B2.0B4.0B4.6B3.3B

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Other Information on Investing in Aerospace Stock

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