Choice Net Income vs Selling General Administrative Analysis

CHOICEIN

530.35 3.20 0.61%

Choice International financial indicator trend analysis is way more than just evaluating Choice International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Choice International is a good investment. Please check the relationship between Choice International Net Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Choice International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Choice International Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Choice International's Net Income and Selling General Administrative is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Choice International Limited, assuming nothing else is changed. The correlation between historical values of Choice International's Net Income and Selling General Administrative 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 of Choice International Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., Choice International's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

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

Selling General Administrative

Most indicators from Choice International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Choice International 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 Choice International Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

As of now, Choice International's Selling General Administrative is increasing as compared to previous years. The Choice International's current Tax Provision is estimated to increase to about 524.3 M, while Issuance Of Capital Stock is projected to decrease to under 147 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	2.8B	4.0B	4.2B
Total Revenue	2.6B	3.9B	7.2B	7.6B

Gross Profit Total Revenue

Choice International fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Current Liabilities Total	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Accounts Payable	Net Receivables	Other Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Retained Earnings	Inventory
Total Assets		0.99	0.86	0.33	0.89	0.97	0.64	0.89	0.41	0.92	0.4	1.0	1.0	0.96	0.88	0.96	0.88	1.0	0.12	0.97	0.71	0.65	0.91	0.99	0.99	0.1
Total Stockholder Equity	0.99		0.88	0.38	0.85	0.95	0.71	0.88	0.49	0.96	0.5	0.98	0.99	0.93	0.82	0.93	0.87	0.98	0.09	0.95	0.66	0.64	0.91	0.98	0.97	0.14
Property Plant And Equipment Net	0.86	0.88		0.63	0.68	0.87	0.58	0.7	0.47	0.85	0.5	0.85	0.86	0.75	0.62	0.84	0.61	0.87	-0.02	0.82	0.54	0.78	0.77	0.83	0.8	0.05
Net Debt	0.33	0.38	0.63		0.04	0.25	0.42	0.01	0.2	0.46	0.76	0.31	0.36	0.09	-0.06	0.36	0.09	0.38	-0.11	0.37	-0.23	0.78	0.1	0.28	0.19	0.45
Cash	0.89	0.85	0.68	0.04		0.93	0.48	0.93	0.43	0.73	0.07	0.91	0.88	0.94	0.91	0.91	0.85	0.89	0.34	0.85	0.87	0.5	0.87	0.86	0.92	-0.18
Non Current Assets Total	0.97	0.95	0.87	0.25	0.93		0.54	0.93	0.42	0.83	0.23	0.98	0.95	0.97	0.91	0.96	0.86	0.96	0.13	0.92	0.82	0.62	0.93	0.95	0.97	-0.08
Non Currrent Assets Other	0.64	0.71	0.58	0.42	0.48	0.54		0.62	0.81	0.78	0.75	0.58	0.65	0.54	0.29	0.48	0.63	0.6	0.2	0.54	0.27	0.38	0.66	0.6	0.61	0.25
Other Assets	0.89	0.88	0.7	0.01	0.93	0.93	0.62		0.59	0.77	0.13	0.89	0.87	0.95	0.87	0.83	0.89	0.86	0.21	0.79	0.89	0.37	0.98	0.88	0.94	-0.16
Cash And Short Term Investments	0.41	0.49	0.47	0.2	0.43	0.42	0.81	0.59		0.55	0.36	0.36	0.41	0.38	0.13	0.26	0.38	0.36	0.25	0.26	0.44	0.2	0.61	0.36	0.42	-0.2
Common Stock Shares Outstanding	0.92	0.96	0.85	0.46	0.73	0.83	0.78	0.77	0.55		0.63	0.89	0.94	0.82	0.66	0.81	0.75	0.91	0.05	0.91	0.53	0.61	0.82	0.92	0.88	0.25
Other Stockholder Equity	0.4	0.5	0.5	0.76	0.07	0.23	0.75	0.13	0.36	0.63		0.35	0.45	0.18	-0.03	0.28	0.29	0.41	0.04	0.42	-0.27	0.49	0.21	0.39	0.3	0.69
Total Liab	1.0	0.98	0.85	0.31	0.91	0.98	0.58	0.89	0.36	0.89	0.35		0.99	0.97	0.91	0.98	0.88	1.0	0.13	0.98	0.73	0.65	0.9	0.99	0.99	0.08
Total Current Assets	1.0	0.99	0.86	0.36	0.88	0.95	0.65	0.87	0.41	0.94	0.45	0.99		0.95	0.86	0.96	0.88	0.99	0.12	0.98	0.67	0.66	0.89	0.99	0.98	0.15
Common Stock	0.96	0.93	0.75	0.09	0.94	0.97	0.54	0.95	0.38	0.82	0.18	0.97	0.95		0.96	0.94	0.92	0.95	0.15	0.92	0.83	0.5	0.94	0.96	0.99	-0.04
Non Current Liabilities Total	0.88	0.82	0.62	-0.06	0.91	0.91	0.29	0.87	0.13	0.66	-0.03	0.91	0.86	0.96		0.9	0.86	0.87	0.12	0.86	0.83	0.42	0.83	0.89	0.92	-0.12
Short Long Term Debt Total	0.96	0.93	0.84	0.36	0.91	0.96	0.48	0.83	0.26	0.81	0.28	0.98	0.96	0.94	0.9		0.84	0.98	0.12	0.96	0.71	0.74	0.83	0.94	0.95	0.04
Other Current Liab	0.88	0.87	0.61	0.09	0.85	0.86	0.63	0.89	0.38	0.75	0.29	0.88	0.88	0.92	0.86	0.84		0.86	0.15	0.82	0.69	0.42	0.86	0.87	0.92	0.12
Total Current Liabilities	1.0	0.98	0.87	0.38	0.89	0.96	0.6	0.86	0.36	0.91	0.41	1.0	0.99	0.95	0.87	0.98	0.86		0.11	0.98	0.68	0.71	0.87	0.98	0.97	0.12
Accounts Payable	0.12	0.09	-0.02	-0.11	0.34	0.13	0.2	0.21	0.25	0.05	0.04	0.13	0.12	0.15	0.12	0.12	0.15	0.11		0.09	0.14	0.08	0.1	0.06	0.12	0.05
Net Receivables	0.97	0.95	0.82	0.37	0.85	0.92	0.54	0.79	0.26	0.91	0.42	0.98	0.98	0.92	0.86	0.96	0.82	0.98	0.09		0.62	0.69	0.8	0.97	0.95	0.19
Other Current Assets	0.71	0.66	0.54	-0.23	0.87	0.82	0.27	0.89	0.44	0.53	-0.27	0.73	0.67	0.83	0.83	0.71	0.69	0.68	0.14	0.62		0.23	0.85	0.69	0.78	-0.51
Short Term Debt	0.65	0.64	0.78	0.78	0.5	0.62	0.38	0.37	0.2	0.61	0.49	0.65	0.66	0.5	0.42	0.74	0.42	0.71	0.08	0.69	0.23		0.41	0.59	0.55	0.19
Intangible Assets	0.91	0.91	0.77	0.1	0.87	0.93	0.66	0.98	0.61	0.82	0.21	0.9	0.89	0.94	0.83	0.83	0.86	0.87	0.1	0.8	0.85	0.41		0.9	0.94	-0.13
Current Deferred Revenue	0.99	0.98	0.83	0.28	0.86	0.95	0.6	0.88	0.36	0.92	0.39	0.99	0.99	0.96	0.89	0.94	0.87	0.98	0.06	0.97	0.69	0.59	0.9		0.99	0.13
Retained Earnings	0.99	0.97	0.8	0.19	0.92	0.97	0.61	0.94	0.42	0.88	0.3	0.99	0.98	0.99	0.92	0.95	0.92	0.97	0.12	0.95	0.78	0.55	0.94	0.99		0.03
Inventory	0.1	0.14	0.05	0.45	-0.18	-0.08	0.25	-0.16	-0.2	0.25	0.69	0.08	0.15	-0.04	-0.12	0.04	0.12	0.12	0.05	0.19	-0.51	0.19	-0.13	0.13	0.03

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Choice International Account Relationship Matchups

Choice International fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	6.6B	9.8B	11.1B	18.1B	19.0B
Total Stockholder Equity	2.1B	2.6B	4.1B	4.8B	6.3B	6.6B
Property Plant And Equipment Net	722.2M	712.4M	726.0M	957.5M	1.0B	1.1B
Net Debt	1.1B	1.2B	1.9B	1.2B	693.9M	804.1M
Cash	373.3M	302.5M	256.2M	873.3M	1.5B	1.5B
Non Current Assets Total	1.2B	1.0B	1.2B	2.4B	3.9B	4.1B
Non Currrent Assets Other	1.3B	175.6M	4.2B	5.9B	2.1B	2.2B
Cash And Short Term Investments	1.6B	389.7M	498.4M	5.9B	1.5B	789.0M
Common Stock Shares Outstanding	101.4M	156.3M	177.4M	199.9M	200.6M	210.6M
Liabilities And Stockholders Equity	5.0B	6.6B	9.8B	11.1B	18.1B	19.0B
Total Liab	2.9B	3.9B	5.7B	6.3B	11.7B	12.2B
Total Current Assets	3.9B	5.5B	8.5B	8.7B	14.1B	14.8B
Non Current Liabilities Total	157.2M	354.6M	489.4M	1.2B	11.7B	12.2B
Short Long Term Debt Total	1.4B	1.5B	2.2B	2.1B	4.6B	4.8B
Other Current Liab	(1.5B)	(1.4B)	3.2B	3.6B	6.4B	6.8B
Total Current Liabilities	2.7B	3.6B	5.2B	5.1B	9.1B	9.5B
Accounts Payable	72.3M	137.8M	174.7M	280.5M	270.6M	157.3M
Net Receivables	2.1B	3.4B	4.2B	2.8B	6.6B	6.9B
Other Current Assets	2.3B	45.4M	(8.0B)	7.2B	12.1B	12.7B
Short Term Debt	1.4B	1.3B	1.8B	1.2B	2.3B	1.3B
Intangible Assets	59.8M	50.1M	55.9M	257.3M	270.5M	284.0M
Current Deferred Revenue	1.3B	2.2B	3.2B	3.1B	6.1B	6.4B
Retained Earnings	580.3M	731.0M	1.2B	1.8B	3.2B	3.4B
Inventory	(2.1B)	1.7B	3.6B	(131.6M)	(151.3M)	(143.7M)
Accumulated Other Comprehensive Income	712.5M	623.4M	511.0M	611.7M	667.7M	555.4M
Short Term Investments	1.2B	87.2M	242.2M	5.0B	15.0M	14.2M

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Other Information on Investing in Choice Stock

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

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Choice Net Income vs Selling General Administrative Analysis

Net Income vs Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Net Income

Selling General Administrative

Choice International fundamental ratios Correlations

Choice International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Choice International fundamental ratios Accounts

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Other Information on Investing in Choice Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Total Liab
Total Stockholder Equity	+ 0.99	Total Assets
Current Deferred Revenue	+ 0.99	Total Assets

Inventory	- 0.51	Other Current Assets
Other Current Assets	- 0.27	Other Stockholder Equity
Other Current Assets	- 0.23	Net Debt
Inventory	- 0.2	Cash And Short Term Investments
Inventory	- 0.18	Cash
Inventory	- 0.16	Other Assets