Apiam Net Interest Income vs Net Income Analysis

AHX Stock

0.36 0.01 2.70%

Apiam Animal financial indicator trend analysis is way more than just evaluating Apiam Animal Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apiam Animal Health is a good investment. Please check the relationship between Apiam Animal Net Interest Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apiam Animal Health. 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 Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apiam Animal Health Net Interest Income account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Apiam Animal's Net Interest Income and Net Income is -0.19. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Apiam Animal Health, assuming nothing else is changed. The correlation between historical values of Apiam Animal's Net Interest Income 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 Interest Income of Apiam Animal Health 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 Interest Income i.e., Apiam Animal's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

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

Most indicators from Apiam Animal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apiam Animal Health 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 Apiam Animal Health. 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 1.5 M in 2024. Selling General Administrative is likely to drop to about 46.6 M in 2024

	2021	2022	2023	2024 (projected)
EBITDA	16.3M	17.1M	24.5M	13.0M
Other Operating Expenses	149.1M	184.9M	157.9M	117.5M

Ebitda Other Operating Expenses

Apiam Animal fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Short Long Term Debt Total	Net Tangible Assets	Property Plant And Equipment Net
Total Assets		0.9	0.97	1.0	0.75	0.64	0.37	-0.26	0.43	0.4	0.85	0.26	0.05	-0.19	1.0	0.73	-0.08	0.79	0.55	0.37	0.34	0.85	0.76	0.5	-0.49	0.49
Other Current Liab	0.9		0.96	0.89	0.66	0.67	0.2	-0.3	0.55	0.39	0.85	0.24	0.08	-0.2	0.9	0.65	-0.13	0.83	0.45	0.19	0.29	0.75	0.7	0.48	-0.45	0.43
Total Current Liabilities	0.97	0.96		0.96	0.67	0.7	0.23	-0.16	0.48	0.47	0.82	0.31	0.18	-0.32	0.97	0.65	-0.16	0.88	0.61	0.4	0.41	0.78	0.77	0.57	-0.53	0.51
Total Stockholder Equity	1.0	0.89	0.96		0.78	0.61	0.41	-0.29	0.48	0.35	0.88	0.22	0.0	-0.16	0.98	0.77	-0.05	0.77	0.51	0.35	0.3	0.87	0.72	0.44	-0.44	0.45
Other Liab	0.75	0.66	0.67	0.78		0.05	0.81	-0.68	0.48	-0.3	0.91	-0.41	-0.53	0.21	0.71	1.0	0.52	0.37	-0.04	0.07	-0.34	0.98	0.24	-0.19	0.17	-0.16
Retained Earnings	0.64	0.67	0.7	0.61	0.05		-0.33	0.22	0.16	0.86	0.39	0.83	0.62	-0.46	0.66	0.03	-0.79	0.82	0.75	0.27	0.73	0.21	0.91	0.86	-0.88	0.91
Accounts Payable	0.37	0.2	0.23	0.41	0.81	-0.33		-0.71	0.22	-0.57	0.59	-0.6	-0.8	0.54	0.33	0.82	0.66	-0.14	-0.4	-0.18	-0.6	0.74	-0.09	-0.53	0.42	-0.42
Cash	-0.26	-0.3	-0.16	-0.29	-0.68	0.22	-0.71		-0.2	0.54	-0.57	0.56	0.75	-0.68	-0.22	-0.69	-0.51	0.12	0.6	0.62	0.64	-0.6	0.12	0.51	-0.43	0.4
Other Assets	0.43	0.55	0.48	0.48	0.48	0.16	0.22	-0.2		-0.07	0.55	-0.17	-0.14	-0.32	0.38	0.47	0.11	0.49	0.06	0.19	0.05	0.47	0.0	0.0	0.09	-0.13
Long Term Debt	0.4	0.39	0.47	0.35	-0.3	0.86	-0.57	0.54	-0.07		-0.01	0.95	0.76	-0.53	0.45	-0.32	-0.84	0.6	0.84	0.39	0.93	-0.13	0.79	0.98	-0.97	0.93
Net Receivables	0.85	0.85	0.82	0.88	0.91	0.39	0.59	-0.57	0.55	-0.01		-0.09	-0.3	0.03	0.83	0.9	0.19	0.61	0.17	0.1	-0.12	0.94	0.5	0.07	-0.13	0.15
Good Will	0.26	0.24	0.31	0.22	-0.41	0.83	-0.6	0.56	-0.17	0.95	-0.09		0.73	-0.41	0.3	-0.43	-0.89	0.45	0.76	0.28	0.86	-0.25	0.75	0.89	-0.95	0.96
Inventory	0.05	0.08	0.18	0.0	-0.53	0.62	-0.8	0.75	-0.14	0.76	-0.3	0.73		-0.77	0.09	-0.54	-0.75	0.54	0.75	0.51	0.79	-0.4	0.43	0.77	-0.63	0.64
Other Stockholder Equity	-0.19	-0.2	-0.32	-0.16	0.21	-0.46	0.54	-0.68	-0.32	-0.53	0.03	-0.41	-0.77		-0.21	0.22	0.45	-0.66	-0.75	-0.81	-0.61	0.12	-0.26	-0.57	0.4	-0.36
Total Liab	1.0	0.9	0.97	0.98	0.71	0.66	0.33	-0.22	0.38	0.45	0.83	0.3	0.09	-0.21		0.7	-0.11	0.8	0.59	0.38	0.38	0.82	0.79	0.54	-0.53	0.52
Long Term Investments	0.73	0.65	0.65	0.77	1.0	0.03	0.82	-0.69	0.47	-0.32	0.9	-0.43	-0.54	0.22	0.7		0.53	0.35	-0.06	0.06	-0.36	0.98	0.22	-0.21	0.19	-0.18
Short Long Term Debt	-0.08	-0.13	-0.16	-0.05	0.52	-0.79	0.66	-0.51	0.11	-0.84	0.19	-0.89	-0.75	0.45	-0.11	0.53		-0.43	-0.55	-0.1	-0.76	0.38	-0.59	-0.77	0.77	-0.8
Total Current Assets	0.79	0.83	0.88	0.77	0.37	0.82	-0.14	0.12	0.49	0.6	0.61	0.45	0.54	-0.66	0.8	0.35	-0.43		0.74	0.53	0.57	0.49	0.73	0.69	-0.58	0.58
Short Term Debt	0.55	0.45	0.61	0.51	-0.04	0.75	-0.4	0.6	0.06	0.84	0.17	0.76	0.75	-0.75	0.59	-0.06	-0.55	0.74		0.79	0.82	0.12	0.74	0.87	-0.83	0.8
Intangible Assets	0.37	0.19	0.4	0.35	0.07	0.27	-0.18	0.62	0.19	0.39	0.1	0.28	0.51	-0.81	0.38	0.06	-0.1	0.53	0.79		0.51	0.16	0.29	0.47	-0.35	0.31
Common Stock	0.34	0.29	0.41	0.3	-0.34	0.73	-0.6	0.64	0.05	0.93	-0.12	0.86	0.79	-0.61	0.38	-0.36	-0.76	0.57	0.82	0.51		-0.19	0.61	0.95	-0.84	0.82
Property Plant Equipment	0.85	0.75	0.78	0.87	0.98	0.21	0.74	-0.6	0.47	-0.13	0.94	-0.25	-0.4	0.12	0.82	0.98	0.38	0.49	0.12	0.16	-0.19		0.4	-0.03	-0.01	0.01
Deferred Long Term Liab	0.76	0.7	0.77	0.72	0.24	0.91	-0.09	0.12	0.0	0.79	0.5	0.75	0.43	-0.26	0.79	0.22	-0.59	0.73	0.74	0.29	0.61	0.4		0.79	-0.88	0.89
Short Long Term Debt Total	0.5	0.48	0.57	0.44	-0.19	0.86	-0.53	0.51	0.0	0.98	0.07	0.89	0.77	-0.57	0.54	-0.21	-0.77	0.69	0.87	0.47	0.95	-0.03	0.79		-0.93	0.9
Net Tangible Assets	-0.49	-0.45	-0.53	-0.44	0.17	-0.88	0.42	-0.43	0.09	-0.97	-0.13	-0.95	-0.63	0.4	-0.53	0.19	0.77	-0.58	-0.83	-0.35	-0.84	-0.01	-0.88	-0.93		-0.97
Property Plant And Equipment Net	0.49	0.43	0.51	0.45	-0.16	0.91	-0.42	0.4	-0.13	0.93	0.15	0.96	0.64	-0.36	0.52	-0.18	-0.8	0.58	0.8	0.31	0.82	0.01	0.89	0.9	-0.97

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Apiam Animal Account Relationship Matchups

Apiam Animal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	141.7M	157.3M	199.2M	246.0M	255.8M	181.6M
Other Current Liab	14.5M	10.9M	14.7M	16.9M	20.4M	14.3M
Total Current Liabilities	26.2M	24.4M	28.8M	33.3M	33.7M	24.5M
Total Stockholder Equity	67.4M	79.8M	108.6M	117.9M	122.0M	94.9M
Other Liab	1.3M	2.1M	4.7M	4.8M	4.3M	4.1M
Retained Earnings	9.4M	11.6M	13.8M	15.3M	18.5M	19.4M
Accounts Payable	5.6M	6.2M	5.7M	6.3M	6.1M	7.6M
Cash	2.5M	2.2M	2.8M	3.2M	1.8M	1.8M
Other Assets	3.5M	4.1M	1.0	5.9M	3.6M	0.95
Long Term Debt	33.6M	34.9M	39.2M	66.1M	64.3M	45.7M
Net Receivables	12.1M	13.5M	13.6M	14.0M	13.4M	16.4M
Good Will	78.0M	86.5M	113.3M	145.3M	150.1M	157.6M
Inventory	17.7M	16.0M	17.8M	15.5M	15.1M	12.7M
Other Stockholder Equity	(100.5M)	(112.6M)	(141.0M)	(150.2M)	(1.0)	(1.05)
Total Liab	73.2M	76.5M	90.5M	128.1M	133.7M	86.3M
Long Term Investments	140K	220K	271K	274K	273K	259.4K
Short Long Term Debt	3.4M	2.8M	2.9M	2.9M	2.6M	2.5M
Total Current Assets	33.4M	33.3M	35.9M	34.7M	32.5M	29.0M
Short Term Debt	6.1M	5.7M	6.5M	7.9M	5.9M	5.6M
Intangible Assets	84.9M	95.3M	126.9M	163.6M	17.5M	16.6M
Common Stock	91.1M	101.0M	127.2M	134.8M	135.8M	94.5M
Property Plant Equipment	19.8M	24.5M	31.6M	43.8M	39.4M	37.5M
Deferred Long Term Liab	2.1M	2.0M	1.5M	3.3M	3.8M	4.0M
Short Long Term Debt Total	51.1M	55.0M	63.4M	98.0M	101.8M	52.6M
Net Tangible Assets	(14.7M)	(13.2M)	(16.8M)	(42.4M)	(38.2M)	(36.3M)
Property Plant And Equipment Net	19.9M	25.0M	31.6M	43.8M	51.0M	53.6M
Net Debt	48.6M	52.9M	60.5M	94.9M	100.0M	50.3M
Non Current Assets Total	108.3M	124.0M	163.3M	211.3M	223.3M	126.1M
Non Currrent Assets Other	(78.0M)	(86.5M)	(113.3M)	(145.3M)	17.5M	18.3M
Cash And Short Term Investments	2.5M	2.2M	2.8M	3.2M	1.8M	2.3M
Common Stock Shares Outstanding	116.2M	124.0M	138.1M	177.8M	182.0M	132.7M
Liabilities And Stockholders Equity	141.0M	157.3M	199.2M	246.0M	255.8M	160.4M
Non Current Liabilities Total	47.0M	52.1M	61.7M	94.9M	100.0M	105.0M
Other Current Assets	1.1M	2.8M	1.6M	2.1M	2.2M	1.9M
Property Plant And Equipment Gross	19.8M	41.5M	54.8M	72.8M	85.4M	89.7M
Accumulated Other Comprehensive Income	(33.1M)	(32.8M)	(32.5M)	(32.3M)	(32.2M)	(33.8M)
Current Deferred Revenue	54K	16K	19K	1.2M	1.8M	1.9M
Long Term Debt Total	45.0M	49.3M	56.9M	90.1M	103.6M	108.8M
Capital Lease Obligations	14.1M	17.3M	21.3M	29.0M	37.5M	39.4M

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