Camel Operating Income vs Ebit Analysis

601311 Stock   8.89  0.26  3.01%   
Camel Group financial indicator trend analysis is way more than just evaluating Camel Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Camel Group is a good investment. Please check the relationship between Camel Group Operating Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Camel Group Co. 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 Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Camel Group Operating Income account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Camel Group's Operating Income and Ebit is 0.53. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Camel Group Co, assuming nothing else is changed. The correlation between historical values of Camel Group's Operating Income and Ebit 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 Camel Group Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Camel Group's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Camel Group 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 Camel Group Co 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.

Ebit

Most indicators from Camel Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Camel Group 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 Camel Group Co. 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 471.3 M. In addition to that, Tax Provision is expected to decline to about 77 M
 2021 2022 2023 2024 (projected)
Operating Income993.6M733.0M794.4M629.9M
Total Revenue12.4B13.4B14.1B7.5B

Camel Group fundamental ratios Correlations

0.770.960.980.990.710.520.940.550.97-0.010.970.890.870.990.90.290.86-0.54-0.790.850.70.920.890.890.28
0.770.710.750.810.380.290.730.350.68-0.110.740.740.580.730.760.250.78-0.35-0.660.590.510.670.640.760.29
0.960.710.920.940.790.580.850.490.97-0.020.950.840.720.930.910.120.89-0.56-0.730.890.750.960.950.920.25
0.980.750.920.980.670.570.90.490.96-0.030.910.870.910.990.870.180.82-0.48-0.760.880.710.850.880.860.2
0.990.810.940.980.680.450.940.540.96-0.070.940.930.840.980.890.240.85-0.55-0.830.850.680.890.870.880.27
0.710.380.790.670.680.460.620.560.780.10.730.620.50.670.6-0.050.65-0.71-0.650.720.760.80.850.750.13
0.520.290.580.570.450.460.24-0.020.610.110.440.160.540.50.45-0.280.47-0.07-0.090.680.520.460.640.53-0.03
0.940.730.850.90.940.620.240.650.89-0.050.940.950.80.930.830.490.78-0.6-0.830.690.550.880.750.790.41
0.550.350.490.490.540.56-0.020.650.530.090.60.640.460.540.290.550.28-0.76-0.680.170.130.530.320.270.42
0.970.680.970.960.960.780.610.890.530.010.940.860.820.970.870.160.84-0.61-0.750.890.720.930.920.870.23
-0.01-0.11-0.02-0.03-0.070.10.11-0.050.090.010.01-0.210.080.01-0.040.120.02-0.180.13-0.08-0.06-0.04-0.05-0.07-0.22
0.970.740.950.910.940.730.440.940.60.940.010.870.760.940.910.40.89-0.6-0.780.760.670.970.860.890.36
0.890.740.840.870.930.620.160.950.640.86-0.210.870.720.90.820.330.77-0.6-0.840.70.570.830.750.770.27
0.870.580.720.910.840.50.540.80.460.820.080.760.720.880.690.310.61-0.32-0.60.720.580.640.690.650.1
0.990.730.930.990.980.670.50.930.540.970.010.940.90.880.90.270.85-0.54-0.80.850.670.880.860.860.2
0.90.760.910.870.890.60.450.830.290.87-0.040.910.820.690.90.190.97-0.39-0.680.840.730.890.870.940.09
0.290.250.120.180.24-0.05-0.280.490.550.160.120.40.330.310.270.190.14-0.27-0.35-0.21-0.20.26-0.090.050.53
0.860.780.890.820.850.650.470.780.280.840.020.890.770.610.850.970.14-0.41-0.640.810.720.870.870.950.07
-0.54-0.35-0.56-0.48-0.55-0.71-0.07-0.6-0.76-0.61-0.18-0.6-0.6-0.32-0.54-0.39-0.27-0.410.72-0.33-0.33-0.62-0.46-0.42-0.28
-0.79-0.66-0.73-0.76-0.83-0.65-0.09-0.83-0.68-0.750.13-0.78-0.84-0.6-0.8-0.68-0.35-0.640.72-0.56-0.51-0.75-0.63-0.67-0.35
0.850.590.890.880.850.720.680.690.170.89-0.080.760.70.720.850.84-0.210.81-0.33-0.560.850.80.960.890.0
0.70.510.750.710.680.760.520.550.130.72-0.060.670.570.580.670.73-0.20.72-0.33-0.510.850.70.870.85-0.12
0.920.670.960.850.890.80.460.880.530.93-0.040.970.830.640.880.890.260.87-0.62-0.750.80.70.90.90.41
0.890.640.950.880.870.850.640.750.320.92-0.050.860.750.690.860.87-0.090.87-0.46-0.630.960.870.90.950.12
0.890.760.920.860.880.750.530.790.270.87-0.070.890.770.650.860.940.050.95-0.42-0.670.890.850.90.950.15
0.280.290.250.20.270.13-0.030.410.420.23-0.220.360.270.10.20.090.530.07-0.28-0.350.0-0.120.410.120.15
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Camel Group Account Relationship Matchups

Camel Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.4B12.4B12.9B13.5B14.0B8.4B
Other Current Liab636.8M699.9M691.2M935.5M229.7M386.9M
Total Current Liabilities3.0B2.9B3.1B3.8B4.1B2.1B
Total Stockholder Equity6.5B7.4B8.5B9.0B9.3B5.3B
Retained Earnings4.4B4.7B5.4B5.6B5.4B3.1B
Accounts Payable818.1M497.6M716.7M1.1B1.4B1.5B
Cash780.8M704.3M1.2B1.7B1.6B806.5M
Other Assets678.6M714.5M767.9M606.5M697.5M416.4M
Net Receivables2.1B1.0B1.1B1.7B1.6B1.4B
Inventory1.8B1.7B2.0B2.4B2.6B1.3B
Other Current Assets221.6M176.3M203.4M333.8M340.1M328.1M
Total Liab4.5B4.6B4.2B4.4B4.6B2.9B
Intangible Assets444.5M435.6M455.8M468.3M489.2M283.6M
Common Stock848.4M863.8M1.1B1.2B1.3B821.6M
Property Plant Equipment3.4B3.5B3.8B3.8B4.4B2.3B
Other Liab359.0M425.6M345.1M349.1M401.4M203.9M
Long Term Debt1.1B1.2B731.8M212.6M206.2M195.9M
Short Term Investments188.0M645.8M707.6M160.1M326.2M292.2M
Net Tangible Assets5.7B6.6B7.7B8.1B9.4B6.4B
Other Stockholder Equity103.0M456.4M189.6M429.0M493.3M518.0M
Total Current Assets5.4B5.7B6.3B6.9B7.5B6.0B
Non Current Assets Total6.0B6.7B6.7B6.6B6.6B6.3B
Non Currrent Assets Other213.0M203.4M235.3M191.0M156.7M164.8M
Non Current Liabilities Total1.5B1.6B1.1B565.0M536.9M909.7M
Deferred Long Term Liab4.7M16.9M18.7M15.6M18.0M9.5M
Short Long Term Debt749.3M1.2B1.2B1.7B1.6B1.2B
Non Current Liabilities Other1.2B202.2M206.5M56.1M50.5M47.9M
Net Debt1.1B1.7B689.4M270.2M202.0M191.9M
Common Stock Shares Outstanding1.1B1.1B1.1B1.2B1.3B1.3B
Net Invested Capital8.4B9.9B10.4B10.9B11.0B10.4B
Net Working Capital2.4B2.7B3.2B3.1B3.4B3.1B

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Other Information on Investing in Camel Stock

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