American Operating Income vs Cost Of Revenue Analysis

0HEC Stock   100.22  1.56  1.58%   
American Electric financial indicator trend analysis is way more than just evaluating American Electric Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Electric Power is a good investment. Please check the relationship between American Electric Operating Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Electric Power. 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 Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Electric Power Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between American Electric's Operating Income and Cost Of Revenue is 0.35. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of American Electric Power, assuming nothing else is changed. The correlation between historical values of American Electric's Operating Income and Cost Of 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 Operating Income of American Electric Power are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., American Electric's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from American Electric Power 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 American Electric Power 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.

Cost Of Revenue

Cost of Revenue is found on American Electric Power income statement and represents the costs associated with goods and services American Electric provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from American Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Electric Power 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 American Electric Power. 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.
Tax Provision is likely to drop to about 75.7 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue16.6B19.3B19.0B17.9B
Depreciation And Amortization3.0B3.3B3.0B2.6B

American Electric fundamental ratios Correlations

-0.710.950.990.990.920.990.880.710.970.57-0.070.810.77-0.720.70.940.93-0.020.410.891.00.64-0.680.590.98
-0.71-0.61-0.71-0.71-0.88-0.75-0.76-0.62-0.84-0.90.4-0.7-0.430.88-0.54-0.76-0.90.36-0.14-0.63-0.71-0.190.97-0.49-0.59
0.95-0.610.920.920.850.930.880.720.910.51-0.140.80.76-0.690.640.870.86-0.130.580.820.960.77-0.630.550.93
0.99-0.710.920.990.920.990.850.660.970.59-0.030.750.81-0.720.740.90.920.070.370.950.980.64-0.690.620.97
0.99-0.710.920.990.920.990.860.680.970.56-0.080.780.77-0.70.690.940.920.040.310.90.990.57-0.670.570.98
0.92-0.880.850.920.920.940.830.590.980.84-0.160.710.66-0.820.610.911.0-0.150.340.840.920.51-0.880.520.86
0.99-0.750.930.990.990.940.870.710.980.62-0.070.810.75-0.760.690.940.95-0.030.370.90.990.6-0.730.580.97
0.88-0.760.880.850.860.830.870.80.880.58-0.270.860.73-0.710.60.840.85-0.30.380.750.880.53-0.710.510.81
0.71-0.620.720.660.680.590.710.80.690.33-0.330.980.42-0.670.430.670.65-0.370.350.490.720.41-0.570.390.62
0.97-0.840.910.970.970.980.980.880.690.73-0.150.80.7-0.810.670.950.99-0.120.350.870.970.55-0.820.570.93
0.57-0.90.510.590.560.840.620.580.330.73-0.270.440.33-0.790.370.630.83-0.390.230.520.560.22-0.950.340.45
-0.070.4-0.14-0.03-0.08-0.16-0.07-0.27-0.33-0.15-0.27-0.320.10.37-0.08-0.19-0.190.51-0.010.02-0.080.150.37-0.10.02
0.81-0.70.80.750.780.710.810.860.980.80.44-0.320.46-0.730.490.810.76-0.390.380.560.820.44-0.660.440.72
0.77-0.430.760.810.770.660.750.730.420.70.330.10.46-0.380.690.550.640.270.290.880.760.64-0.360.530.81
-0.720.88-0.69-0.72-0.7-0.82-0.76-0.71-0.67-0.81-0.790.37-0.73-0.38-0.55-0.75-0.840.38-0.29-0.62-0.71-0.310.93-0.51-0.6
0.7-0.540.640.740.690.610.690.60.430.670.37-0.080.490.69-0.550.590.620.20.230.770.690.48-0.480.970.69
0.94-0.760.870.90.940.910.940.840.670.950.63-0.190.810.55-0.750.590.92-0.190.340.760.940.48-0.740.520.89
0.93-0.90.860.920.921.00.950.850.650.990.83-0.190.760.64-0.840.620.92-0.20.350.820.920.5-0.890.540.86
-0.020.36-0.130.070.04-0.15-0.03-0.3-0.37-0.12-0.390.51-0.390.270.380.2-0.19-0.2-0.390.27-0.03-0.030.450.080.15
0.41-0.140.580.370.310.340.370.380.350.350.23-0.010.380.29-0.290.230.340.35-0.390.30.420.89-0.280.270.36
0.89-0.630.820.950.90.840.90.750.490.870.520.020.560.88-0.620.770.760.820.270.30.880.62-0.580.620.91
1.0-0.710.960.980.990.920.990.880.720.970.56-0.080.820.76-0.710.690.940.92-0.030.420.880.65-0.680.580.98
0.64-0.190.770.640.570.510.60.530.410.550.220.150.440.64-0.310.480.480.5-0.030.890.620.65-0.270.440.65
-0.680.97-0.63-0.69-0.67-0.88-0.73-0.71-0.57-0.82-0.950.37-0.66-0.360.93-0.48-0.74-0.890.45-0.28-0.58-0.68-0.27-0.45-0.55
0.59-0.490.550.620.570.520.580.510.390.570.34-0.10.440.53-0.510.970.520.540.080.270.620.580.44-0.450.56
0.98-0.590.930.970.980.860.970.810.620.930.450.020.720.81-0.60.690.890.860.150.360.910.980.65-0.550.56
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American Electric Account Relationship Matchups

American Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.1B84.0B90.9B97.0B96.7B81.4B
Other Current Liab769M399.4M2.0B397.2M398.3M378.4M
Total Current Liabilities10.3B9.9B12.4B13.3B11.6B10.3B
Total Stockholder Equity19.6B20.6B22.4B23.9B25.2B21.3B
Property Plant And Equipment Net61.1B64.8B66.6B74.0B77.3B60.9B
Net Debt30.4B34.3B36.7B41.2B43.6B28.9B
Retained Earnings9.9B10.7B11.7B12.3B12.8B10.3B
Accounts Payable2.1B1.7B2.1B2.7B2.0B2.0B
Cash432.6M438.3M451.4M556.5M379M416.5M
Non Current Assets Total75.1B79.7B83.1B90.2B90.6B74.8B
Non Currrent Assets Other6.2B7.0B8.1B8.5B8.7B4.4B
Cash And Short Term Investments635.3M639.1M671.8M744.1M544.4M583.8M
Net Receivables1.7B1.8B1.9B2.6B2.4B2.1B
Common Stock Shares Outstanding495.3M497.2M501.8M513.5M520.2M546.1M
Short Term Investments202.7M200.8M220.4M187.6M214.3M171.8M
Non Current Liabilities Total48.8B53.3B55.8B59.5B59.8B48.2B
Inventory1.2B1.3B989.2M1.4B1.9B1.4B
Other Current Assets781.2M638.4M4.3B2.1B1.3B1.6B
Other Stockholder Equity6.5B6.6B7.2B8.1B9.1B7.4B
Total Liab59.1B63.2B68.2B72.8B71.4B60.0B
Total Current Assets4.1B4.4B7.8B6.8B6.1B5.6B
Common Stock3.3B3.4B3.4B3.4B3.4B3.7B
Short Long Term Debt Total30.8B34.7B37.2B41.8B43.9B32.0B
Liabilities And Stockholders Equity79.1B84.0B90.9B97.0B96.7B83.4B
Accumulated Other Comprehensive Income(147.7M)(85.1M)184.8M83.7M(55.5M)(58.3M)
Short Term Debt4.7B4.9B5.2B6.8B5.6B4.8B
Current Deferred Revenue1.4B1.5B1.6B1.7B1.8B1.5B
Long Term Debt19.4B21.6B25.1B29.0B33.3B24.8B
Capital Surpluse6.4B6.5B6.5B6.6B7.6B7.1B
Other Liab19.5B20.2B20.6B20.4B23.5B21.7B
Net Tangible Assets19.6B20.5B22.4B23.8B27.4B22.6B
Deferred Long Term Liab4.6B5.1B5.8B5.9B6.8B5.7B
Property Plant Equipment61.1B64.8B66.6B71.9B82.7B67.8B

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