Freightcar Depreciation And Amortization vs Operating Income Analysis
RAIL Stock | USD 9.45 0.20 2.07% |
Freightcar America financial indicator trend analysis is much more than just examining Freightcar America latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freightcar America is a good investment. Please check the relationship between Freightcar America Depreciation And Amortization and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.
Depreciation And Amortization vs Operating Income
Depreciation And Amortization vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freightcar America Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Freightcar America's Depreciation And Amortization and Operating Income is -0.62. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Freightcar America, assuming nothing else is changed. The correlation between historical values of Freightcar America's Depreciation And Amortization 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 Depreciation And Amortization of Freightcar America 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 Depreciation And Amortization i.e., Freightcar America's Depreciation And Amortization and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Operating Income
Operating Income is the amount of profit realized from Freightcar America 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 Freightcar America 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 Freightcar America's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freightcar America 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.At this time, Freightcar America's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 2.2 M this year, although Enterprise Value Over EBITDA is projected to rise to (42.96).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 203.1M | 364.8M | 358.1M | 376.7M | Interest Expense | 13.3M | 25.4M | 15.0M | 15.8M |
Freightcar America fundamental ratios Correlations
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Freightcar America Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freightcar America fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 245.2M | 182.7M | 200.7M | 199.7M | 259.5M | 235.4M | |
Total Stockholder Equity | 117.2M | 30.5M | (1.7M) | (28.6M) | (46.2M) | (43.9M) | |
Net Debt | 12.7M | 31.4M | 71.8M | 89.3M | 34.3M | 36.0M | |
Cash | 66.3M | 54.0M | 26.2M | 37.9M | 39.6M | 65.8M | |
Other Assets | 1.6M | 42.1K | 8.9M | 1.6M | 1.4M | 1.4M | |
Cash And Short Term Investments | 66.3M | 54.0M | 26.2M | 37.9M | 39.6M | 75.1M | |
Common Stock Shares Outstanding | 12.4M | 13.4M | 20.8M | 24.8M | 28.4M | 14.2M | |
Liabilities And Stockholders Equity | 245.2M | 182.7M | 200.7M | 199.7M | 259.5M | 235.4M | |
Other Stockholder Equity | 82.0M | 80.7M | 83.7M | 89.1M | 10.6M | 10.1M | |
Total Liab | 128.0M | 152.2M | 202.3M | 228.3M | 222.2M | 129.3M | |
Total Current Assets | 109.7M | 121.0M | 136.7M | 128.9M | 180.4M | 208.9M | |
Other Current Liab | 15.4M | 9.4M | 22.6M | 11.9M | 19.2M | 20.2M | |
Total Current Liabilities | 49.4M | 71.1M | 69.3M | 106.0M | 137.4M | 144.2M | |
Other Liab | 14.7M | 24.9M | 36.9M | 35.8M | 32.2M | 45.5M | |
Property Plant And Equipment Net | 134.0M | 58.7M | 55.1M | 69.3M | 77.2M | 65.6M | |
Current Deferred Revenue | 7.3M | 6.6M | 4.6M | 9.8M | 8.8M | 14.5M | |
Retained Earnings | 45.8M | (38.6M) | (80.1M) | (118.9M) | (142.8M) | (135.7M) | |
Accounts Payable | 11.7M | 18.7M | 41.5M | 51.8M | 86.9M | 91.2M | |
Non Current Assets Total | 135.5M | 61.8M | 63.9M | 70.9M | 79.0M | 82.7M | |
Non Currrent Assets Other | 1.6M | 3.0M | 8.9M | 1.6M | 1.8M | 1.7M | |
Net Receivables | 7.0M | 13.9M | 40.7M | 9.6M | 10.0M | 17.4M | |
Non Current Liabilities Total | 78.6M | 81.1M | 133M | 122.3M | 84.8M | 86.0M | |
Inventory | 25.1M | 38.8M | 56.0M | 64.3M | 125.0M | 73.8M | |
Other Current Assets | 7.6M | 14.2M | 13.8M | 19.2M | 5.8M | 10.1M | |
Property Plant And Equipment Gross | 134.0M | 58.7M | 55.1M | 69.3M | 113.6M | 70.6M | |
Accumulated Other Comprehensive Income | (10.8M) | (11.8M) | (5.5M) | 1.0M | 2.4M | 2.5M | |
Short Term Debt | 15.0M | 40.9M | 3.9M | 42.2M | 31.3M | 17.6M | |
Property Plant Equipment | 38.6M | 58.7M | 55.1M | 23.2M | 26.7M | 52.4M | |
Short Term Investments | 42.9M | 18.0M | 3.8M | 182K | 163.8K | 155.6K | |
Treasury Stock | (12.6M) | (9.7M) | (989K) | (1.3M) | (1.5M) | (1.6M) | |
Net Tangible Assets | 117.2M | 30.5M | (1.7M) | (28.6M) | (25.7M) | (24.4M) | |
Retained Earnings Total Equity | 120.8M | 45.8M | (38.6M) | (118.9M) | (107.0M) | (101.7M) | |
Capital Surpluse | 90.6M | 83.0M | 82.1M | 89.1M | 80.2M | 74.3M | |
Deferred Long Term Liab | 9.2M | 22.5M | 4.7M | 2.5M | 2.9M | 2.7M | |
Non Current Liabilities Other | 63.7M | 2.6M | 3.1M | 70.8M | 2.6M | 2.4M |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Freightcar America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Freightcar Stock please use our How to buy in Freightcar Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freightcar America. If investors know Freightcar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freightcar America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.31) | Revenue Per Share 16.728 | Quarterly Revenue Growth 0.664 | Return On Assets 0.0577 | Return On Equity (0.09) |
The market value of Freightcar America is measured differently than its book value, which is the value of Freightcar that is recorded on the company's balance sheet. Investors also form their own opinion of Freightcar America's value that differs from its market value or its book value, called intrinsic value, which is Freightcar America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freightcar America's market value can be influenced by many factors that don't directly affect Freightcar America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freightcar America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freightcar America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freightcar America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.