Conduent Interest Expense vs Operating Income Analysis

CNDT Stock  USD 3.73  0.03  0.81%   
Conduent financial indicator trend analysis is way more than just evaluating Conduent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Conduent is a good investment. Please check the relationship between Conduent Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Conduent Interest Expense account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Conduent's Interest Expense and Operating Income is 0.7. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Conduent, assuming nothing else is changed. The correlation between historical values of Conduent's Interest Expense and Operating 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 Interest Expense of Conduent are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Conduent's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Conduent 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 Conduent 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.
Most indicators from Conduent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Conduent 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 Conduent. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Conduent Stock please use our How to Invest in Conduent guide.At this time, Conduent's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.8 M in 2024, whereas Enterprise Value is likely to drop slightly above 3.7 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense55M84M111M69.2M
Depreciation And Amortization352M230M264M396.7M

Conduent fundamental ratios Correlations

-0.330.25-0.22-0.22-0.43-0.630.460.21-0.40.22-0.450.28-0.50.15-0.130.20.28-0.37-0.53-0.26-0.140.440.250.25-0.32
-0.33-0.790.940.940.980.47-0.86-0.780.95-0.760.59-0.750.98-0.8-0.36-0.77-0.750.980.960.88-0.33-0.34-0.940.150.97
0.25-0.79-0.91-0.91-0.8-0.240.620.52-0.780.98-0.860.88-0.780.920.250.990.88-0.85-0.73-0.730.810.570.850.08-0.73
-0.220.94-0.911.00.910.22-0.76-0.620.9-0.870.69-0.860.9-0.89-0.39-0.91-0.860.950.850.87-0.58-0.44-0.920.220.94
-0.220.94-0.911.00.90.21-0.74-0.610.89-0.870.7-0.860.9-0.88-0.38-0.91-0.860.950.840.87-0.58-0.44-0.920.230.94
-0.430.98-0.80.910.90.55-0.87-0.80.94-0.780.64-0.720.99-0.81-0.34-0.76-0.720.970.990.82-0.32-0.34-0.930.030.94
-0.630.47-0.240.220.210.55-0.61-0.630.56-0.230.23-0.250.57-0.220.16-0.14-0.250.490.650.390.22-0.19-0.43-0.580.34
0.46-0.860.62-0.76-0.74-0.87-0.610.74-0.80.59-0.520.59-0.880.620.530.560.59-0.83-0.88-0.790.110.360.77-0.04-0.83
0.21-0.780.52-0.62-0.61-0.8-0.630.74-0.730.53-0.290.4-0.760.630.370.440.4-0.76-0.8-0.650.080.080.710.02-0.69
-0.40.95-0.780.90.890.940.56-0.8-0.73-0.710.53-0.830.95-0.77-0.14-0.75-0.830.970.930.92-0.31-0.39-0.90.010.93
0.22-0.760.98-0.87-0.87-0.78-0.230.590.53-0.71-0.890.78-0.740.920.320.970.78-0.8-0.7-0.640.820.550.840.1-0.68
-0.450.59-0.860.690.70.640.23-0.52-0.290.53-0.89-0.640.64-0.67-0.25-0.85-0.640.640.60.49-0.69-0.7-0.68-0.130.53
0.28-0.750.88-0.86-0.86-0.72-0.250.590.4-0.830.78-0.64-0.750.780.040.881.0-0.85-0.68-0.830.640.530.730.02-0.75
-0.50.98-0.780.90.90.990.57-0.88-0.760.95-0.740.64-0.75-0.77-0.3-0.74-0.750.970.990.85-0.27-0.38-0.920.050.95
0.15-0.80.92-0.89-0.88-0.81-0.220.620.63-0.770.92-0.670.78-0.770.360.910.78-0.82-0.73-0.670.740.360.830.02-0.73
-0.13-0.360.25-0.39-0.38-0.340.160.530.37-0.140.32-0.250.04-0.30.360.260.04-0.27-0.27-0.250.15-0.010.35-0.47-0.38
0.2-0.770.99-0.91-0.91-0.76-0.140.560.44-0.750.97-0.850.88-0.740.910.260.88-0.82-0.68-0.710.840.570.820.0-0.72
0.28-0.750.88-0.86-0.86-0.72-0.250.590.4-0.830.78-0.641.0-0.750.780.040.88-0.85-0.68-0.830.640.530.730.02-0.75
-0.370.98-0.850.950.950.970.49-0.83-0.760.97-0.80.64-0.850.97-0.82-0.27-0.82-0.850.950.91-0.4-0.4-0.930.060.95
-0.530.96-0.730.850.840.990.65-0.88-0.80.93-0.70.6-0.680.99-0.73-0.27-0.68-0.680.950.81-0.2-0.35-0.89-0.010.91
-0.260.88-0.730.870.870.820.39-0.79-0.650.92-0.640.49-0.830.85-0.67-0.25-0.71-0.830.910.81-0.31-0.53-0.810.230.9
-0.14-0.330.81-0.58-0.58-0.320.220.110.08-0.310.82-0.690.64-0.270.740.150.840.64-0.4-0.2-0.310.430.470.12-0.26
0.44-0.340.57-0.44-0.44-0.34-0.190.360.08-0.390.55-0.70.53-0.380.36-0.010.570.53-0.4-0.35-0.530.430.320.0-0.34
0.25-0.940.85-0.92-0.92-0.93-0.430.770.71-0.90.84-0.680.73-0.920.830.350.820.73-0.93-0.89-0.810.470.32-0.01-0.88
0.250.150.080.220.230.03-0.58-0.040.020.010.1-0.130.020.050.02-0.470.00.020.06-0.010.230.120.0-0.010.33
-0.320.97-0.730.940.940.940.34-0.83-0.690.93-0.680.53-0.750.95-0.73-0.38-0.72-0.750.950.910.9-0.26-0.34-0.880.33
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Conduent Account Relationship Matchups

Conduent fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding209.3M210.0M212.7M215.9M216.8M231.0M
Total Assets4.5B4.3B4.0B3.6B3.2B4.9B
Short Long Term Debt Total1.7B1.7B1.6B1.5B1.5B1.5B
Other Current Liab821M574M620M504M507M916.2M
Total Current Liabilities1.2B1.1B1.0B923M868M1.3B
Total Stockholder Equity1.3B1.2B1.1B917M771M732.5M
Other Liab202M205M170M152M136.8M130.0M
Net Tangible Assets(818M)1.1B(259M)65M74.8M78.5M
Property Plant And Equipment Net613M551M512M463M388M436.3M
Current Deferred Revenue108M133M82M81M91M113.7M
Net Debt1.2B1.3B1.2B890M995M1.0B
Accounts Payable230M198M182M228M174M161.4M
Cash496M450M415M582M498M499.8M
Non Current Assets Total2.9B2.7B2.4B1.9B1.5B1.4B
Non Currrent Assets Other387M413M453M457M180M338.5M
Other Assets197M964M453M190M218.5M420.2M
Long Term Debt1.5B1.4B1.4B1.3B1.2B1.4B
Cash And Short Term Investments496M450M415M582M498M499.8M
Net Receivables807M890M911M852M783M858.8M
Good Will1.5B1.5B1.3B955M651M618.5M
Liabilities And Stockholders Equity4.5B4.3B4.0B3.6B3.2B4.9B
Non Current Liabilities Total2.0B2.0B1.9B1.7B1.5B1.6B
Other Current Assets283M306M412M242M374M257.2M
Other Stockholder Equity3.7B3.8B3.8B3.8B3.9B3.3B
Total Liab3.2B3.1B2.9B2.7B2.4B2.8B
Property Plant And Equipment Gross613M551M512M463M1.3B1.4B
Short Long Term Debt50M90M30M35M34M32.3M
Total Current Assets1.6B1.6B1.7B1.6B1.7B1.6B
Accumulated Other Comprehensive Income(407M)(398M)(429M)(466M)(435M)(456.8M)
Short Term Debt50M171M101M92M76M75.8M
Intangible Assets426M187M52M39M267M253.7M
Property Plant Equipment613M305M512M463M532.5M407.2M
Retained Earnings(2.2B)(2.3B)(2.4B)(2.5B)(2.8B)(2.7B)
Retained Earnings Total Equity(2.2B)(2.3B)(2.4B)(2.5B)(2.3B)(2.2B)
Capital Surpluse3.9B3.9B3.9B3.9B4.5B4.3B
Deferred Long Term Liab121M97M81M86M77.4M78.3M

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When running Conduent's price analysis, check to measure Conduent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.