Industrial Net Income vs Gross Profit Analysis

IITL Stock   376.50  3.95  1.04%   
Industrial Investment financial indicator trend analysis is infinitely more than just investigating Industrial Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Investment is a good investment. Please check the relationship between Industrial Investment Net Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. 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 Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Investment Net Income account and Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Industrial Investment's Net Income and Gross Profit is -0.25. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Industrial Investment Trust, assuming nothing else is changed. The correlation between historical values of Industrial Investment's Net Income and Gross Profit 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 Industrial Investment Trust are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Industrial Investment's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Industrial Investment Trust minus its cost of goods sold. It is profit before Industrial Investment operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Industrial Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Investment 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Investment Trust. 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 gain to about 54 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue30.9M171.0M364.9M346.6M
Interest Expense3.5K1.4M770.6K732.1K

Industrial Investment fundamental ratios Correlations

0.320.460.940.750.850.030.380.940.420.520.770.370.960.40.30.960.910.430.950.870.550.440.840.580.52
0.320.180.54-0.20.230.770.140.2-0.09-0.090.33-0.460.460.48-0.50.490.42-0.470.350.640.25-0.110.520.420.54
0.460.180.50.340.14-0.060.330.350.40.360.840.010.460.520.010.480.530.070.50.560.470.30.250.070.47
0.940.540.50.580.780.180.440.850.450.450.780.160.970.440.10.980.90.230.930.960.590.370.890.630.62
0.75-0.20.340.580.57-0.470.470.750.460.560.510.790.590.130.810.590.640.850.610.50.350.420.430.250.11
0.850.230.140.780.570.21-0.020.870.190.390.470.450.850.140.280.840.680.420.860.620.340.450.840.640.22
0.030.77-0.060.18-0.470.21-0.530.04-0.48-0.32-0.01-0.360.210.27-0.540.20.02-0.510.160.180.03-0.140.330.30.13
0.380.140.330.440.47-0.02-0.530.210.630.370.45-0.040.290.220.170.330.530.170.220.570.280.070.180.10.52
0.940.20.350.850.750.870.040.210.190.30.620.50.910.230.390.90.730.530.910.730.470.260.840.610.33
0.42-0.090.40.450.460.19-0.480.630.190.860.520.090.370.160.190.390.630.250.370.470.290.740.210.120.38
0.52-0.090.360.450.560.39-0.320.370.30.860.550.320.440.340.320.450.710.390.480.410.290.950.210.080.25
0.770.330.840.780.510.47-0.010.450.620.520.550.040.780.740.030.790.840.10.810.820.730.470.520.180.72
0.37-0.460.010.160.790.45-0.36-0.040.50.090.320.040.22-0.20.950.20.160.960.28-0.02-0.030.320.140.1-0.48
0.960.460.460.970.590.850.210.290.910.370.440.780.220.440.111.00.870.250.980.90.570.410.910.640.59
0.40.480.520.440.130.140.270.220.230.160.340.74-0.20.44-0.20.450.55-0.220.470.530.690.290.11-0.230.61
0.3-0.50.010.10.810.28-0.540.170.390.190.320.030.950.11-0.20.110.130.970.16-0.020.060.250.01-0.07-0.45
0.960.490.480.980.590.840.20.330.90.390.450.790.21.00.450.110.880.240.970.920.580.40.910.640.6
0.910.420.530.90.640.680.020.530.730.630.710.840.160.870.550.130.880.240.840.90.580.60.70.450.67
0.43-0.470.070.230.850.42-0.510.170.530.250.390.10.960.25-0.220.970.240.240.30.070.020.320.160.12-0.42
0.950.350.50.930.610.860.160.220.910.370.480.810.280.980.470.160.970.840.30.840.610.480.850.550.53
0.870.640.560.960.50.620.180.570.730.470.410.82-0.020.90.53-0.020.920.90.070.840.620.290.80.550.76
0.550.250.470.590.350.340.030.280.470.290.290.73-0.030.570.690.060.580.580.020.610.620.240.32-0.190.59
0.44-0.110.30.370.420.45-0.140.070.260.740.950.470.320.410.290.250.40.60.320.480.290.240.20.080.12
0.840.520.250.890.430.840.330.180.840.210.210.520.140.910.110.010.910.70.160.850.80.320.20.860.48
0.580.420.070.630.250.640.30.10.610.120.080.180.10.64-0.23-0.070.640.450.120.550.55-0.190.080.860.25
0.520.540.470.620.110.220.130.520.330.380.250.72-0.480.590.61-0.450.60.67-0.420.530.760.590.120.480.25
Click cells to compare fundamentals

Industrial Investment Account Relationship Matchups

Industrial Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.3B3.5B3.8B4.4B6.9B
Short Long Term Debt Total5.2M16.1M11.2M995.0K22.0M20.9M
Other Current Liab342.7M444.2M284.7M(210.0)2.5M2.4M
Total Current Liabilities350.4M462.1M367.6M4.6M19.1M18.1M
Total Stockholder Equity3.4B3.0B3.3B3.7B4.4B3.4B
Property Plant And Equipment Net53.9M61.4M55.4M44.0M60.6M63.2M
Net Debt(224.6M)6.8M2.2M(28.5M)12.0M12.6M
Cash229.9M9.3M9.0M29.4M9.9M9.4M
Non Current Assets Total3.3B2.9B888.7M3.6B2.8B4.0B
Non Currrent Assets Other377.6K281.6M2.6B274.3M1.6M1.5M
Cash And Short Term Investments229.9M235.7M2.5B221.1M807.7M897.0M
Net Receivables(1.8M)(1.1M)(4.4M)(42.6M)38.7M36.7M
Liabilities And Stockholders Equity3.6B3.3B3.5B3.8B4.4B6.9B
Non Current Liabilities Total31.7M40.3M(17.2M)243.4M48.6M46.2M
Other Current Assets92.3M66.6M47.0M67.9M150.5M151.7M
Total Liab382.1M502.4M350.4M248.0M67.6M64.3M
Total Current Assets365.4M350.5M2.6B271.2M1.6B2.9B
Accumulated Other Comprehensive Income(28.6M)515.8M517.1M603.3M705.3M740.6M
Good Will64.5M64.0M61.9M816.9K870K826.5K
Accounts Payable7.7M6.8M29.7M4.6M3.7M3.5M
Short Term Investments(48.4M)226.4M2.5B191.6M550.8M608.1M
Intangible Assets81.5K16.3K52.7K28K8K7.6K
Retained Earnings(1.8B)(2.2B)(1.9B)(1.6B)(1.0B)(1.1B)
Other Liab41.0M35.4M24.7M16.9M15.2M14.5M
Net Tangible Assets3.4B3.0B3.3B3.7B4.3B3.3B
Other Assets64.7M325.0K63.3M340.8K4.4B4.6B
Property Plant Equipment53.9M61.4M55.4M44.0M39.6M65.0M
Non Current Liabilities Other15.8M29.2M18.8M11.0M11.7M11.1M
Cash And Equivalents11.2M1.2M2.1M22.7M26.1M27.4M
Net Invested Capital3.4B3.0B3.3B3.7B4.4B3.1B
Net Working Capital10.8M337.4M2.6B266.6M678.0M735.8M

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