ITI Operating Income vs Net Income 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 Operating Income and its Net Income 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.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITI Limited Operating Income account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ITI's Operating Income and Net Income is 0.8. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income 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 Operating Income and Net 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 ITI Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., ITI's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from ITI Limited 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 ITI Limited 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.

Net Income

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

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.

	2021	2022	2023	2024 (projected)
Interest Expense	1.7B	2.1B	2.4B	1.7B
Depreciation And Amortization	510.1M	495.0M	531.2M	331.1M

Interest Expense Depreciation And Amortization

ITI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Short Term Debt	Current Deferred Revenue	Other Liab
Total Assets		0.59	0.64	0.71	0.69	0.65	0.67	-0.36	-0.49	0.08	0.06	0.49	0.7	0.48	0.57	0.11	0.52	0.1	0.04	0.83	0.87	0.68	0.55	0.66	0.78	-0.35
Short Long Term Debt Total	0.59		0.18	0.33	0.64	0.71	0.98	-0.68	0.01	-0.22	-0.2	0.58	0.32	0.55	0.54	0.16	0.71	-0.07	0.14	0.41	0.66	0.61	0.11	0.72	0.3	-0.25
Other Current Liab	0.64	0.18		0.45	0.49	0.36	0.25	-0.07	-0.42	0.27	0.16	-0.25	0.47	0.2	-0.14	0.08	0.24	0.12	-0.15	0.52	0.47	0.26	0.4	0.13	0.54	-0.45
Total Current Liabilities	0.71	0.33	0.45		0.22	0.54	0.39	0.09	-0.36	-0.3	-0.2	0.47	0.85	0.59	0.47	-0.15	-0.09	0.17	-0.08	0.87	0.82	0.66	0.29	0.78	0.53	-0.4
Total Stockholder Equity	0.69	0.64	0.49	0.22		0.73	0.73	-0.62	-0.55	0.23	0.11	0.32	0.52	0.31	0.45	0.13	0.84	-0.13	-0.05	0.29	0.55	0.53	0.63	0.26	0.57	-0.44
Property Plant And Equipment Net	0.65	0.71	0.36	0.54	0.73		0.76	-0.41	-0.39	-0.24	-0.35	0.38	0.61	0.7	0.44	0.23	0.47	0.14	0.02	0.55	0.79	0.82	0.26	0.65	0.42	-0.61
Net Debt	0.67	0.98	0.25	0.39	0.73	0.76		-0.68	-0.16	-0.16	-0.18	0.6	0.42	0.55	0.59	0.14	0.75	-0.06	0.05	0.45	0.71	0.65	0.23	0.71	0.41	-0.32
Accounts Payable	-0.36	-0.68	-0.07	0.09	-0.62	-0.41	-0.68		0.1	-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	-0.4	0.03
Cash	-0.49	0.01	-0.42	-0.36	-0.55	-0.39	-0.16	0.1		-0.3	-0.1	-0.15	-0.57	-0.14	-0.3	0.06	-0.28	-0.1	0.55	-0.31	-0.33	-0.22	-0.63	-0.02	-0.64	0.39
Non Current Assets Total	0.08	-0.22	0.27	-0.3	0.23	-0.24	-0.16	-0.22	-0.3		0.75	-0.11	-0.15	-0.21	-0.1	0.29	0.37	0.32	-0.12	-0.08	-0.39	-0.47	0.2	-0.51	0.49	0.26
Non Currrent Assets Other	0.06	-0.2	0.16	-0.2	0.11	-0.35	-0.18	-0.16	-0.1	0.75		-0.04	-0.13	-0.08	0.01	0.28	0.27	0.24	0.08	-0.01	-0.29	-0.48	0.04	-0.36	0.32	0.3
Cash And Short Term Investments	0.49	0.58	-0.25	0.47	0.32	0.38	0.6	-0.48	-0.15	-0.11	-0.04		0.47	0.44	0.93	0.0	0.41	-0.04	0.06	0.46	0.51	0.41	0.22	0.64	0.48	0.11
Net Receivables	0.7	0.32	0.47	0.85	0.52	0.61	0.42	-0.08	-0.57	-0.15	-0.13	0.47		0.43	0.57	-0.29	0.12	-0.07	-0.25	0.63	0.73	0.64	0.63	0.56	0.56	-0.49
Common Stock Shares Outstanding	0.48	0.55	0.2	0.59	0.31	0.7	0.55	-0.43	-0.14	-0.21	-0.08	0.44	0.43		0.44	0.58	0.24	0.52	0.19	0.72	0.68	0.53	-0.27	0.71	0.41	-0.33
Short Term Investments	0.57	0.54	-0.14	0.47	0.45	0.44	0.59	-0.53	-0.3	-0.1	0.01	0.93	0.57	0.44		0.03	0.46	0.0	-0.09	0.48	0.58	0.48	0.35	0.6	0.51	0.04
Non Current Liabilities Total	0.11	0.16	0.08	-0.15	0.13	0.23	0.14	-0.52	0.06	0.29	0.28	0.0	-0.29	0.58	0.03		0.33	0.67	0.32	0.29	0.09	-0.07	-0.52	0.04	0.3	0.11
Inventory	0.52	0.71	0.24	-0.09	0.84	0.47	0.75	-0.85	-0.28	0.37	0.27	0.41	0.12	0.24	0.46	0.33		-0.1	0.07	0.13	0.32	0.22	0.34	0.16	0.51	-0.05
Other Current Assets	0.1	-0.07	0.12	0.17	-0.13	0.14	-0.06	-0.08	-0.1	0.32	0.24	-0.04	-0.07	0.52	0.0	0.67	-0.1		-0.11	0.43	0.05	0.01	-0.47	0.16	0.27	-0.01
Other Stockholder Equity	0.04	0.14	-0.15	-0.08	-0.05	0.02	0.05	-0.03	0.55	-0.12	0.08	0.06	-0.25	0.19	-0.09	0.32	0.07	-0.11		0.11	0.1	0.12	-0.27	0.18	-0.11	0.16
Total Liab	0.83	0.41	0.52	0.87	0.29	0.55	0.45	-0.16	-0.31	-0.08	-0.01	0.46	0.63	0.72	0.48	0.29	0.13	0.43	0.11		0.84	0.59	0.13	0.77	0.7	-0.25
Total Current Assets	0.87	0.66	0.47	0.82	0.55	0.79	0.71	-0.28	-0.33	-0.39	-0.29	0.51	0.73	0.68	0.58	0.09	0.32	0.05	0.1	0.84		0.85	0.33	0.87	0.52	-0.48
Common Stock	0.68	0.61	0.26	0.66	0.53	0.82	0.65	-0.15	-0.22	-0.47	-0.48	0.41	0.64	0.53	0.48	-0.07	0.22	0.01	0.12	0.59	0.85		0.36	0.81	0.2	-0.62
Retained Earnings	0.55	0.11	0.4	0.29	0.63	0.26	0.23	-0.05	-0.63	0.2	0.04	0.22	0.63	-0.27	0.35	-0.52	0.34	-0.47	-0.27	0.13	0.33	0.36		0.03	0.43	-0.33
Short Term Debt	0.66	0.72	0.13	0.78	0.26	0.65	0.71	-0.21	-0.02	-0.51	-0.36	0.64	0.56	0.71	0.6	0.04	0.16	0.16	0.18	0.77	0.87	0.81	0.03		0.29	-0.3
Current Deferred Revenue	0.78	0.3	0.54	0.53	0.57	0.42	0.41	-0.4	-0.64	0.49	0.32	0.48	0.56	0.41	0.51	0.3	0.51	0.27	-0.11	0.7	0.52	0.2	0.43	0.29		-0.01
Other Liab	-0.35	-0.25	-0.45	-0.4	-0.44	-0.61	-0.32	0.03	0.39	0.26	0.3	0.11	-0.49	-0.33	0.04	0.11	-0.05	-0.01	0.16	-0.25	-0.48	-0.62	-0.33	-0.3	-0.01

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ITI Account Relationship Matchups

ITI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	77.2B	89.1B	95.8B	94.9B	96.0B	63.8B
Short Long Term Debt Total	12.2B	14.6B	16.1B	18.8B	18.0B	13.9B
Other Current Liab	16.0B	29.0B	34.0B	10.0B	21.2B	15.9B
Total Current Liabilities	48.5B	59.8B	64.9B	65.9B	54.0B	51.2B
Total Stockholder Equity	23.7B	24.6B	26.2B	23.7B	17.8B	18.9B
Property Plant And Equipment Net	28.1B	28.0B	28.1B	28.2B	28.1B	29.2B
Net Debt	11.8B	14.4B	16.0B	18.7B	16.9B	13.0B
Accounts Payable	21.8B	18.9B	16.9B	13.8B	15.6B	15.0B
Cash	397.8M	279.4M	155.7M	93.6M	1.1B	602.8M
Non Current Assets Total	32.8B	32.6B	31.5B	31.2B	30.2B	31.7B
Non Currrent Assets Other	4.3B	4.2B	3.0B	2.6B	1.8B	1.7B
Cash And Short Term Investments	2.3B	4.3B	968.5M	27.9B	6.5B	4.4B
Net Receivables	40.2B	49.0B	59.2B	58.9B	24.4B	38.6B
Common Stock Shares Outstanding	897.6M	926.3M	933.5M	944.5M	959.6M	993.7M
Short Term Investments	1.9B	4.1B	812.8M	27.9B	5.5B	3.1B
Liabilities And Stockholders Equity	77.2B	89.1B	95.8B	94.9B	96.0B	63.8B
Non Current Liabilities Total	5.0B	4.7B	4.6B	5.3B	24.2B	25.4B
Inventory	1.7B	1.9B	1.9B	2.5B	2.2B	1.5B
Other Current Assets	254.2M	1.3B	2.2B	1.8B	30.8B	32.3B
Other Stockholder Equity	56.6B	25.7B	25.8B	27.1B	58.7B	36.7B
Total Liab	53.5B	64.6B	69.6B	71.2B	78.1B	61.8B
Total Current Assets	44.4B	56.5B	64.2B	63.7B	65.7B	44.2B
Accumulated Other Comprehensive Income	(1.2B)	31.6B	32.2B	31.9B	8.2B	8.6B
Common Stock	9.0B	9.3B	9.3B	9.5B	9.6B	8.0B
Retained Earnings	(43.4B)	(41.8B)	(42.1B)	(41.0B)	(50.4B)	(52.9B)
Short Term Debt	10.4B	11.7B	13.7B	17.0B	16.8B	11.3B
Current Deferred Revenue	16.1B	18.7B	20.1B	24.8B	19.7B	17.1B
Other Liab	3.2B	1.7B	1.6B	3.5B	3.1B	2.3B
Net Tangible Assets	23.2B	24.6B	26.2B	23.7B	27.3B	17.5B
Other Assets	4.3B	4.2B	5K	2K	(61.0K)	(58.0K)
Short Long Term Debt	10.4B	11.6B	13.1B	17.0B	16.8B	12.9B
Property Plant Equipment	28.1B	28.0B	28.1B	28.2B	32.5B	29.5B
Capital Surpluse	1.2B	2.2B	2.9B	4.6B	5.3B	5.5B
Non Current Liabilities Other	1.2B	1.2B	1K	(100K)	900.0	855.0
Cash And Equivalents	267.0M	397.8M	279.4M	155.7M	140.1M	234.2M

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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.

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ITI Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

ITI fundamental ratios Correlations

ITI Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ITI fundamental ratios Accounts

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Other Information on Investing in ITI Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.98	Short Long Term Debt Total
Short Term Investments	+ 0.93	Cash And Short Term Investments
Total Current Assets	+ 0.87	Total Assets
Total Liab	+ 0.87	Total Current Liabilities
Short Term Debt	+ 0.87	Total Current Assets
Net Receivables	+ 0.85	Total Current Liabilities

Inventory	- 0.85	Accounts Payable
Accounts Payable	- 0.68	Net Debt
Accounts Payable	- 0.68	Short Long Term Debt Total
Current Deferred Revenue	- 0.64	Cash
Retained Earnings	- 0.63	Cash
Other Liab	- 0.62	Common Stock