Aster Operating Income vs Interest Income Analysis

ASTERDM Stock   415.40  15.30  3.55%   
Aster DM financial indicator trend analysis is way more than just evaluating Aster DM Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aster DM Healthcare is a good investment. Please check the relationship between Aster DM Operating Income and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Operating Income vs Interest Income

Operating Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aster DM Healthcare Operating Income account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aster DM's Operating Income and Interest Income is -0.03. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Aster DM Healthcare, assuming nothing else is changed. The correlation between historical values of Aster DM's Operating Income and Interest 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 Operating Income of Aster DM Healthcare are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., Aster DM's Operating Income and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Aster DM Healthcare 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 Aster DM Healthcare 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Aster DM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aster DM Healthcare 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 Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Aster DM's Selling General Administrative is very stable compared to the past year. As of the 16th of February 2025, Issuance Of Capital Stock is likely to grow to about 6.4 M, while Tax Provision is likely to drop about 371.3 M.
 2022 2023 2024 2025 (projected)
Gross Profit84.0B19.8B22.7B21.6B
Total Revenue119.3B37.0B42.5B71.3B

Aster DM fundamental ratios Correlations

0.490.80.930.860.630.530.350.34-0.440.620.660.33-0.240.030.210.860.550.10.810.610.990.90.170.360.75
0.49-0.10.150.550.960.98-0.050.930.270.960.50.560.370.820.890.580.990.85-0.080.420.480.090.820.910.62
0.8-0.10.970.520.04-0.070.37-0.28-0.730.020.38-0.03-0.57-0.56-0.420.54-0.04-0.511.00.350.820.98-0.43-0.250.38
0.930.150.970.690.290.180.38-0.02-0.640.280.520.11-0.45-0.34-0.170.70.21-0.270.970.480.941.0-0.190.00.55
0.860.550.520.690.730.630.340.54-0.210.720.670.42-0.090.290.460.840.580.370.540.680.820.660.430.580.79
0.630.960.040.290.730.980.120.930.21.00.560.570.320.760.870.70.960.820.060.530.590.240.810.930.71
0.530.98-0.070.180.630.980.030.940.210.980.470.590.280.810.90.580.950.86-0.050.480.490.130.860.930.62
0.35-0.050.370.380.340.120.030.080.140.09-0.26-0.46-0.07-0.3-0.130.1-0.06-0.070.39-0.260.310.38-0.150.120.02
0.340.93-0.28-0.020.540.930.940.080.460.930.360.410.510.860.930.440.910.95-0.250.340.31-0.080.880.990.49
-0.440.27-0.73-0.64-0.210.20.210.140.460.21-0.26-0.140.820.520.48-0.270.230.58-0.72-0.4-0.47-0.660.390.47-0.07
0.620.960.020.280.721.00.980.090.930.210.580.60.340.780.890.70.960.830.050.550.580.230.830.930.72
0.660.50.380.520.670.560.47-0.260.36-0.260.580.690.170.380.410.840.580.30.380.80.660.50.430.360.84
0.330.56-0.030.110.420.570.59-0.460.41-0.140.60.690.090.630.630.570.570.47-0.030.730.30.090.670.430.66
-0.240.37-0.57-0.45-0.090.320.28-0.070.510.820.340.170.090.570.520.00.390.6-0.57-0.02-0.25-0.480.480.50.15
0.030.82-0.56-0.340.290.760.81-0.30.860.520.780.380.630.570.970.320.80.94-0.550.31-0.01-0.380.930.850.45
0.210.89-0.42-0.170.460.870.9-0.130.930.480.890.410.630.520.970.420.860.96-0.40.410.16-0.220.950.940.54
0.860.580.540.70.840.70.580.10.44-0.270.70.840.570.00.320.420.660.280.550.690.840.680.370.450.9
0.550.99-0.040.210.580.960.95-0.060.910.230.960.580.570.390.80.860.660.81-0.020.480.540.160.790.890.68
0.10.85-0.51-0.270.370.820.86-0.070.950.580.830.30.470.60.940.960.280.81-0.490.280.06-0.320.930.940.38
0.81-0.081.00.970.540.06-0.050.39-0.25-0.720.050.38-0.03-0.57-0.55-0.40.55-0.02-0.490.350.830.98-0.41-0.230.39
0.610.420.350.480.680.530.48-0.260.34-0.40.550.80.73-0.020.310.410.690.480.280.350.590.450.460.380.65
0.990.480.820.940.820.590.490.310.31-0.470.580.660.3-0.25-0.010.160.840.540.060.830.590.920.120.320.73
0.90.090.981.00.660.240.130.38-0.08-0.660.230.50.09-0.48-0.38-0.220.680.16-0.320.980.450.92-0.24-0.060.53
0.170.82-0.43-0.190.430.810.86-0.150.880.390.830.430.670.480.930.950.370.790.93-0.410.460.12-0.240.870.48
0.360.91-0.250.00.580.930.930.120.990.470.930.360.430.50.850.940.450.890.94-0.230.380.32-0.060.870.5
0.750.620.380.550.790.710.620.020.49-0.070.720.840.660.150.450.540.90.680.380.390.650.730.530.480.5
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Aster DM Account Relationship Matchups

Aster DM fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets116.4B125.5B148.8B179.9B206.9B217.2B
Short Long Term Debt Total48.0B49.1B57.0B13.8B15.9B31.7B
Other Current Liab3.4B3.4B2.8B105.5B121.4B127.4B
Total Current Liabilities32.0B35.6B46.6B112.9B129.8B136.3B
Total Stockholder Equity33.7B39.5B44.5B45.6B52.4B28.5B
Property Plant And Equipment Net63.8B66.4B78.0B30.5B35.1B43.1B
Net Debt45.5B45.6B53.2B13.0B15.0B27.7B
Retained Earnings(990.6M)4.1B7.7B4.2B4.8B5.1B
Accounts Payable20.3B21.2B29.9B4.6B5.3B5.0B
Cash2.6B3.4B3.8B822.3M740.1M703.1M
Non Current Assets Total80.1B84.5B99.6B38.3B44.0B56.2B
Non Currrent Assets Other2.5B3.6B4.9B4.9B5.6B4.0B
Other Assets4.6B2.9B3.9B1.6B1.8B3.1B
Cash And Short Term Investments3.1B4.2B6.3B1.1B1.3B1.2B
Net Receivables21.1B20.6B23.9B2.6B3.0B2.9B
Good Will10.5B10.9B11.6B2.6B3.0B2.9B
Common Stock Shares Outstanding497.7M497.8M497.9M498M572.7M515.1M
Liabilities And Stockholders Equity116.4B125.5B148.8B179.9B206.9B217.2B
Non Current Liabilities Total46.1B45.1B53.7B16.7B19.2B30.4B
Inventory8.5B10.3B13.1B1.4B1.6B1.5B
Other Current Assets4.3B6.0B7.3B136.6B157.1B164.9B
Other Stockholder Equity22.0B22.0B22.1B27.4B31.5B20.4B
Total Liab78.1B80.6B100.2B129.6B149.1B156.5B
Total Current Assets36.3B41.0B49.2B141.7B162.9B171.0B
Accumulated Other Comprehensive Income7.7B8.4B9.8B9.0B10.4B10.9B
Short Term Debt8.0B10.1B12.5B2.5B2.8B2.7B
Intangible Assets2.5B2.8B3.7B313.8M360.9M342.8M
Common Stock5.1B5.0B5.0B5.0B5.7B4.8B
Other Liab6.2B6.6B5.8B5.7B6.5B5.9B
Net Tangible Assets22.5B19.9B20.7B25.9B29.8B17.9B
Current Deferred Revenue3.8B4.5B2.4B270.2M243.2M231.0M
Long Term Debt17.5B14.7B13.1B4.5B4.0B3.8B
Short Term Investments477.6M780.6M2.5B283.4M255.1M242.3M
Short Long Term Debt1.6B7.3B9.8B2.2B2.6B2.4B
Property Plant Equipment65.7B63.8B66.4B78.0B89.7B51.4B
Long Term Debt Total43.4B40.3B39.4B44.7B51.4B34.1B
Capital Surpluse22.1B22.0B22.0B22.2B25.5B21.8B

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Other Information on Investing in Aster Stock

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