ITI Selling General Administrative vs Net Income Analysis

ITI Stock   272.60  1.60  0.58%   
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 Selling General Administrative 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.

Selling General Administrative vs Net Income

Selling General Administrative vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITI Limited Selling General Administrative account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ITI's Selling General Administrative and Net Income is -0.51. Overlapping area represents the amount of variation of Selling General Administrative 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 Selling General Administrative 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 Selling General Administrative 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 Selling General Administrative i.e., ITI's Selling General Administrative and Net Income go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling General Administrative

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 Selling General Administrative is expected to grow to about 384.6 M. The current year's Issuance Of Capital Stock is expected to grow to about 925.5 M
 2022 2023 2024 2025 (projected)
Interest Expense2.1B2.4B2.8B1.7B
Depreciation And Amortization495.0M531.2M610.9M331.1M

ITI fundamental ratios Correlations

0.610.640.730.660.620.69-0.4-0.460.020.050.50.650.440.550.210.530.170.120.780.850.690.290.660.79-0.29
0.610.180.430.540.770.99-0.710.06-0.29-0.20.580.230.640.540.320.680.160.290.560.740.7-0.190.780.39-0.18
0.640.180.440.490.30.24-0.08-0.410.250.16-0.240.460.15-0.140.10.240.12-0.130.440.430.250.260.140.53-0.43
0.730.430.440.190.60.47-0.01-0.31-0.34-0.210.480.760.570.48-0.01-0.050.290.050.840.830.7-0.010.790.57-0.35
0.660.540.490.190.510.63-0.58-0.550.240.110.310.530.130.440.10.83-0.13-0.070.20.460.440.420.190.53-0.44
0.620.770.30.60.510.8-0.49-0.22-0.32-0.290.370.370.840.440.420.420.410.270.730.840.85-0.310.770.49-0.42
0.690.990.240.470.630.8-0.71-0.1-0.23-0.190.60.320.630.580.290.720.150.20.590.770.72-0.10.770.48-0.25
-0.4-0.71-0.08-0.01-0.58-0.49-0.710.06-0.14-0.14-0.5-0.03-0.47-0.56-0.58-0.83-0.21-0.14-0.3-0.38-0.260.2-0.33-0.450.0
-0.460.06-0.41-0.31-0.55-0.22-0.10.06-0.31-0.11-0.14-0.580.01-0.280.1-0.26-0.040.54-0.18-0.24-0.14-0.450.04-0.580.4
0.02-0.290.25-0.340.24-0.32-0.23-0.14-0.310.74-0.13-0.11-0.3-0.130.180.340.16-0.19-0.2-0.44-0.510.26-0.540.390.23
0.05-0.20.16-0.210.11-0.29-0.19-0.14-0.110.74-0.04-0.13-0.080.00.250.270.170.06-0.04-0.28-0.440.07-0.330.30.3
0.50.58-0.240.480.310.370.6-0.5-0.14-0.13-0.040.450.350.920.060.420.030.110.440.50.420.070.60.490.12
0.650.230.460.760.530.370.32-0.03-0.58-0.11-0.130.450.120.55-0.330.11-0.11-0.270.420.570.50.440.390.49-0.5
0.440.640.150.570.130.840.63-0.470.01-0.3-0.080.350.120.380.620.220.650.410.820.730.65-0.640.780.45-0.14
0.550.54-0.140.480.440.440.58-0.56-0.28-0.130.00.920.550.380.130.460.11-0.030.450.560.480.090.570.520.03
0.210.320.1-0.010.10.420.29-0.580.10.180.250.06-0.330.620.130.370.730.440.470.270.13-0.660.250.390.18
0.530.680.24-0.050.830.420.72-0.83-0.260.340.270.420.110.220.460.37-0.040.110.170.330.240.170.190.51-0.03
0.170.160.120.29-0.130.410.15-0.21-0.040.160.170.03-0.110.650.110.73-0.040.090.570.260.22-0.680.360.350.03
0.120.29-0.130.05-0.070.270.2-0.140.54-0.190.060.11-0.270.41-0.030.440.110.090.310.270.28-0.370.340.020.18
0.780.560.440.840.20.730.59-0.3-0.18-0.2-0.040.440.420.820.450.470.170.570.310.880.7-0.270.840.71-0.14
0.850.740.430.830.460.840.77-0.38-0.24-0.44-0.280.50.570.730.560.270.330.260.270.880.89-0.080.90.57-0.37
0.690.70.250.70.440.850.72-0.26-0.14-0.51-0.440.420.50.650.480.130.240.220.280.70.89-0.040.850.31-0.51
0.29-0.190.26-0.010.42-0.31-0.10.2-0.450.260.070.070.44-0.640.09-0.660.17-0.68-0.37-0.27-0.08-0.04-0.280.11-0.17
0.660.780.140.790.190.770.77-0.330.04-0.54-0.330.60.390.780.570.250.190.360.340.840.90.85-0.280.39-0.2
0.790.390.530.570.530.490.48-0.45-0.580.390.30.490.490.450.520.390.510.350.020.710.570.310.110.390.02
-0.29-0.18-0.43-0.35-0.44-0.42-0.250.00.40.230.30.12-0.5-0.140.030.18-0.030.030.18-0.14-0.37-0.51-0.17-0.20.02
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ITI Account Relationship Matchups

ITI fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets89.1B95.8B94.9B96.0B86.4B63.8B
Short Long Term Debt Total14.6B16.1B18.8B18.0B20.7B13.9B
Other Current Liab29.0B34.0B10.0B21.2B19.1B15.9B
Total Current Liabilities59.8B64.9B65.9B54.0B62.1B51.2B
Total Stockholder Equity24.6B26.2B23.7B17.8B16.1B18.9B
Property Plant And Equipment Net28.0B28.1B28.2B28.1B32.3B29.2B
Net Debt14.4B16.0B18.7B16.9B19.4B13.0B
Accounts Payable18.9B16.9B13.8B15.6B14.0B15.0B
Cash279.4M155.7M93.6M1.1B947.3M602.8M
Non Current Assets Total32.6B31.5B31.2B30.2B27.2B31.7B
Non Currrent Assets Other4.2B3.0B2.6B1.8B1.7B1.6B
Cash And Short Term Investments4.3B968.5M27.9B6.5B7.5B4.4B
Net Receivables49.0B59.2B58.9B24.4B28.1B38.6B
Common Stock Shares Outstanding926.3M933.5M944.5M959.6M1.1B993.7M
Short Term Investments4.1B812.8M27.9B5.5B6.3B6.6B
Liabilities And Stockholders Equity89.1B95.8B94.9B96.0B86.4B63.8B
Non Current Liabilities Total4.7B4.6B5.3B24.2B21.8B22.8B
Inventory1.9B1.9B2.5B2.2B2.0B1.5B
Other Current Assets1.3B2.2B1.8B30.8B35.4B37.2B
Other Stockholder Equity25.7B25.8B27.1B58.7B67.4B36.7B
Total Liab64.6B69.6B71.2B78.1B89.9B61.8B
Total Current Assets56.5B64.2B63.7B65.7B75.6B44.2B
Accumulated Other Comprehensive Income31.6B32.2B31.9B8.2B9.5B9.9B
Retained Earnings(41.8B)(42.1B)(41.0B)(50.4B)(58.0B)(60.9B)
Short Term Debt11.7B13.7B17.0B16.8B19.3B11.3B
Current Deferred Revenue18.7B20.1B24.8B19.7B22.6B17.1B
Other Liab3.2B1.7B1.6B3.5B3.1B2.3B
Net Tangible Assets23.2B24.6B26.2B23.7B27.3B17.5B
Other Assets4.2B5K2K(61.0K)(54.9K)(52.2K)
Short Long Term Debt11.6B13.1B17.0B16.8B19.3B12.9B
Property Plant Equipment28.1B28.0B28.1B28.2B32.5B29.5B
Capital Surpluse1.2B2.2B2.9B4.6B5.3B5.5B
Capital Lease Obligations10.0M8.8M7.5M6M6.9M4.4M
Non Current Liabilities Other1.2B1K(100K)143K128.7K122.3K
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.