ITI Interest Income vs Selling General Administrative Analysis

ITI Stock   286.63  9.04  3.06%   
ITI financial indicator trend analysis is infinitely more than just investigating ITI Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITI Limited is a good investment. Please check the relationship between ITI Interest Income and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITI 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 board of governors.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITI Limited Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ITI's Interest Income and Selling General Administrative is 0.45. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of ITI Limited, assuming nothing else is changed. The correlation between historical values of ITI's Interest 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 Interest Income of ITI 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 Interest Income i.e., ITI's Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Selling General Administrative

Most indicators from ITI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ITI Limited 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 ITI 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 board of governors.
The current year's Issuance Of Capital Stock is expected to grow to about 925.5 M, whereas Selling General Administrative is forecasted to decline to about 384.6 M.

ITI fundamental ratios Correlations

0.590.640.710.690.650.67-0.36-0.490.080.060.490.70.480.570.110.520.10.040.830.870.680.550.660.78-0.35
0.590.180.330.640.710.98-0.680.01-0.22-0.20.580.320.550.540.160.71-0.070.140.410.660.610.110.720.3-0.25
0.640.180.450.490.360.25-0.07-0.420.270.16-0.250.470.2-0.140.080.240.12-0.150.520.470.260.40.130.54-0.45
0.710.330.450.220.540.390.09-0.36-0.3-0.20.470.850.590.47-0.15-0.090.17-0.080.870.820.660.290.780.53-0.4
0.690.640.490.220.730.73-0.62-0.550.230.110.320.520.310.450.130.84-0.13-0.050.290.550.530.630.260.57-0.44
0.650.710.360.540.730.76-0.41-0.39-0.24-0.350.380.610.70.440.230.470.140.020.550.790.820.260.650.42-0.61
0.670.980.250.390.730.76-0.68-0.16-0.16-0.180.60.420.550.590.140.75-0.060.050.450.710.650.230.710.41-0.32
-0.36-0.68-0.070.09-0.62-0.41-0.680.1-0.22-0.16-0.48-0.08-0.43-0.53-0.52-0.85-0.08-0.03-0.16-0.28-0.15-0.05-0.21-0.40.03
-0.490.01-0.42-0.36-0.55-0.39-0.160.1-0.3-0.1-0.15-0.57-0.14-0.30.06-0.28-0.10.55-0.31-0.33-0.22-0.63-0.02-0.640.39
0.08-0.220.27-0.30.23-0.24-0.16-0.22-0.30.75-0.11-0.15-0.21-0.10.290.370.32-0.12-0.08-0.39-0.470.2-0.510.490.26
0.06-0.20.16-0.20.11-0.35-0.18-0.16-0.10.75-0.04-0.13-0.080.010.280.270.240.08-0.01-0.29-0.480.04-0.360.320.3
0.490.58-0.250.470.320.380.6-0.48-0.15-0.11-0.040.470.440.930.00.41-0.040.060.460.510.410.220.640.480.11
0.70.320.470.850.520.610.42-0.08-0.57-0.15-0.130.470.430.57-0.290.12-0.07-0.250.630.730.640.630.560.56-0.49
0.480.550.20.590.310.70.55-0.43-0.14-0.21-0.080.440.430.440.580.240.520.190.720.680.53-0.270.710.41-0.33
0.570.54-0.140.470.450.440.59-0.53-0.3-0.10.010.930.570.440.030.460.0-0.090.480.580.480.350.60.510.04
0.110.160.08-0.150.130.230.14-0.520.060.290.280.0-0.290.580.030.330.670.320.290.09-0.07-0.520.040.30.11
0.520.710.24-0.090.840.470.75-0.85-0.280.370.270.410.120.240.460.33-0.10.070.130.320.220.340.160.51-0.05
0.1-0.070.120.17-0.130.14-0.06-0.08-0.10.320.24-0.04-0.070.520.00.67-0.1-0.110.430.050.01-0.470.160.27-0.01
0.040.14-0.15-0.08-0.050.020.05-0.030.55-0.120.080.06-0.250.19-0.090.320.07-0.110.110.10.12-0.270.18-0.110.16
0.830.410.520.870.290.550.45-0.16-0.31-0.08-0.010.460.630.720.480.290.130.430.110.840.590.130.770.7-0.25
0.870.660.470.820.550.790.71-0.28-0.33-0.39-0.290.510.730.680.580.090.320.050.10.840.850.330.870.52-0.48
0.680.610.260.660.530.820.65-0.15-0.22-0.47-0.480.410.640.530.48-0.070.220.010.120.590.850.360.810.2-0.62
0.550.110.40.290.630.260.23-0.05-0.630.20.040.220.63-0.270.35-0.520.34-0.47-0.270.130.330.360.030.43-0.33
0.660.720.130.780.260.650.71-0.21-0.02-0.51-0.360.640.560.710.60.040.160.160.180.770.870.810.030.29-0.3
0.780.30.540.530.570.420.41-0.4-0.640.490.320.480.560.410.510.30.510.27-0.110.70.520.20.430.29-0.01
-0.35-0.25-0.45-0.4-0.44-0.61-0.320.030.390.260.30.11-0.49-0.330.040.11-0.05-0.010.16-0.25-0.48-0.62-0.33-0.3-0.01
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ITI Account Relationship Matchups

ITI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.2B89.1B95.8B94.9B96.0B63.8B
Short Long Term Debt Total12.2B14.6B16.1B18.8B18.0B13.9B
Other Current Liab16.0B29.0B34.0B10.0B21.2B15.9B
Total Current Liabilities48.5B59.8B64.9B65.9B54.0B51.2B
Total Stockholder Equity23.7B24.6B26.2B23.7B17.8B18.9B
Property Plant And Equipment Net28.1B28.0B28.1B28.2B28.1B29.2B
Net Debt11.8B14.4B16.0B18.7B16.9B13.0B
Accounts Payable21.8B18.9B16.9B13.8B15.6B15.0B
Cash397.8M279.4M155.7M93.6M1.1B602.8M
Non Current Assets Total32.8B32.6B31.5B31.2B30.2B31.7B
Non Currrent Assets Other4.3B4.2B3.0B2.6B1.8B1.7B
Cash And Short Term Investments2.3B4.3B968.5M27.9B6.5B4.4B
Net Receivables40.2B49.0B59.2B58.9B24.4B38.6B
Common Stock Shares Outstanding897.6M926.3M933.5M944.5M959.6M993.7M
Short Term Investments1.9B4.1B812.8M27.9B5.5B3.1B
Liabilities And Stockholders Equity77.2B89.1B95.8B94.9B96.0B63.8B
Non Current Liabilities Total5.0B4.7B4.6B5.3B24.2B25.4B
Inventory1.7B1.9B1.9B2.5B2.2B1.5B
Other Current Assets254.2M1.3B2.2B1.8B30.8B32.3B
Other Stockholder Equity56.6B25.7B25.8B27.1B58.7B36.7B
Total Liab53.5B64.6B69.6B71.2B78.1B61.8B
Total Current Assets44.4B56.5B64.2B63.7B65.7B44.2B
Accumulated Other Comprehensive Income(1.2B)31.6B32.2B31.9B8.2B8.6B
Common Stock9.0B9.3B9.3B9.5B9.6B8.0B
Retained Earnings(43.4B)(41.8B)(42.1B)(41.0B)(50.4B)(52.9B)
Short Term Debt10.4B11.7B13.7B17.0B16.8B11.3B
Current Deferred Revenue16.1B18.7B20.1B24.8B19.7B17.1B
Other Liab3.2B1.7B1.6B3.5B3.1B2.3B
Net Tangible Assets23.2B24.6B26.2B23.7B27.3B17.5B
Other Assets4.3B4.2B5K2K(61.0K)(58.0K)
Short Long Term Debt10.4B11.6B13.1B17.0B16.8B12.9B
Property Plant Equipment28.1B28.0B28.1B28.2B32.5B29.5B
Capital Surpluse1.2B2.2B2.9B4.6B5.3B5.5B
Non Current Liabilities Other1.2B1.2B1K(100K)900.0855.0
Cash And Equivalents267.0M397.8M279.4M155.7M140.1M234.2M

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Other Information on Investing in ITI Stock

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