Shyam Operating Income vs Cost Of Revenue Analysis

SHYAMMETL   821.75  8.70  1.07%   
Shyam Metalics financial indicator trend analysis is much more than just breaking down Shyam Metalics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shyam Metalics is a good investment. Please check the relationship between Shyam Metalics Operating Income and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyam Metalics and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shyam Metalics Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shyam Metalics' Operating Income and Cost Of Revenue is 0.67. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Shyam Metalics and, assuming nothing else is changed. The correlation between historical values of Shyam Metalics' Operating Income and Cost Of Revenue 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 Shyam Metalics and are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Shyam Metalics' Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Shyam Metalics 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 Shyam Metalics and 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.

Cost Of Revenue

Cost of Revenue is found on Shyam Metalics income statement and represents the costs associated with goods and services Shyam Metalics provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Shyam Metalics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shyam Metalics 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shyam Metalics and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At present, Shyam Metalics' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense154.3M931.3M846.4M482.3M
Depreciation And Amortization2.7B4.6B6.6B3.3B

Shyam Metalics fundamental ratios Correlations

0.270.961.00.990.970.260.180.970.990.460.980.5-0.160.970.70.960.98-0.060.990.230.920.850.830.260.84
0.270.410.30.190.35-0.020.980.180.180.280.270.140.390.190.130.090.170.750.23-0.710.020.470.280.83-0.06
0.960.410.970.950.930.20.320.950.940.50.950.520.010.90.760.930.89-0.030.950.140.810.870.830.430.72
1.00.30.970.990.970.240.210.970.980.490.980.51-0.120.970.720.960.97-0.050.990.220.90.860.850.310.82
0.990.190.950.990.940.240.090.990.990.490.970.51-0.130.970.730.980.97-0.170.990.330.910.820.850.220.84
0.970.350.930.970.940.30.290.890.950.360.990.43-0.280.940.630.890.950.10.920.040.930.820.740.240.87
0.26-0.020.20.240.240.30.00.220.21-0.110.25-0.61-0.360.310.050.310.340.160.230.090.290.280.27-0.390.1
0.180.980.320.210.090.290.00.060.110.070.210.110.280.08-0.020.00.080.840.13-0.77-0.020.390.140.77-0.09
0.970.180.950.970.990.890.220.060.960.560.930.51-0.010.960.760.980.95-0.240.990.390.850.820.880.260.76
0.990.180.940.980.990.950.210.110.960.370.980.58-0.210.950.670.970.96-0.110.980.320.940.810.80.230.87
0.460.280.50.490.490.36-0.110.070.560.370.330.150.540.540.730.420.47-0.270.520.120.20.480.670.420.15
0.980.270.950.980.970.990.250.210.930.980.330.51-0.260.930.640.930.95-0.010.940.150.950.810.740.220.89
0.50.140.520.510.510.43-0.610.110.510.580.150.510.060.40.330.480.4-0.140.530.240.450.370.340.50.53
-0.160.390.01-0.12-0.13-0.28-0.360.28-0.01-0.210.54-0.260.06-0.170.1-0.15-0.24-0.06-0.07-0.06-0.50.060.170.62-0.54
0.970.190.90.970.970.940.310.080.960.950.540.930.4-0.170.710.941.0-0.110.970.290.90.820.860.180.82
0.70.130.760.720.730.630.05-0.020.760.670.730.640.330.10.710.710.67-0.40.710.240.560.720.790.230.48
0.960.090.930.960.980.890.310.00.980.970.420.930.48-0.150.940.710.94-0.240.970.450.890.780.820.160.79
0.980.170.890.970.970.950.340.080.950.960.470.950.4-0.241.00.670.94-0.080.970.290.930.810.840.140.85
-0.060.75-0.03-0.05-0.170.10.160.84-0.24-0.11-0.27-0.01-0.14-0.06-0.11-0.4-0.24-0.08-0.13-0.79-0.110.14-0.120.42-0.15
0.990.230.950.990.990.920.230.130.990.980.520.940.53-0.070.970.710.970.97-0.130.340.880.850.880.30.79
0.23-0.710.140.220.330.040.09-0.770.390.320.120.150.24-0.060.290.240.450.29-0.790.340.270.020.3-0.350.24
0.920.020.810.90.910.930.29-0.020.850.940.20.950.45-0.50.90.560.890.93-0.110.880.270.670.64-0.040.97
0.850.470.870.860.820.820.280.390.820.810.480.810.370.060.820.720.780.810.140.850.020.670.930.40.55
0.830.280.830.850.850.740.270.140.880.80.670.740.340.170.860.790.820.84-0.120.880.30.640.930.320.51
0.260.830.430.310.220.24-0.390.770.260.230.420.220.50.620.180.230.160.140.420.3-0.35-0.040.40.32-0.09
0.84-0.060.720.820.840.870.1-0.090.760.870.150.890.53-0.540.820.480.790.85-0.150.790.240.970.550.51-0.09
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Shyam Metalics Account Relationship Matchups

Shyam Metalics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.5B54.2B84.3B111.9B144.2B151.5B
Short Long Term Debt Total7.0B8.0B5.4B11.6B6.0B6.9B
Other Current Liab2.2B3.9B4.0B10.2B9.0B9.5B
Total Current Liabilities8.8B14.3B21.5B29.8B36.7B38.6B
Total Stockholder Equity19.6B36.3B58.3B71.6B96.5B101.3B
Property Plant And Equipment Net10.4B23.1B32.2B57.1B76.6B80.5B
Current Deferred Revenue(8.9B)(6.8B)5.3B3.9B711.3M746.9M
Net Debt7.0B6.3B4.5B10.9B5.5B6.4B
Retained Earnings14.5B28.1B43.5B50.9B60.7B63.8B
Accounts Payable5.8B3.7B11.9B15.4B23.7B24.9B
Cash32.8M1.6B899.5M747.8M504.7M516.6M
Non Current Assets Total21.1B26.8B37.5B68.9B93.4B98.0B
Non Currrent Assets Other9.6B2.8B100K2.1B5.5B5.8B
Cash And Short Term Investments353.4M4.9B9.7B7.9B13.0B13.6B
Net Receivables1.6B6.2B3.8B6.1B7.1B4.1B
Short Term Investments320.6M3.3B8.8B7.2B12.6B13.2B
Liabilities And Stockholders Equity33.5B54.2B84.3B111.9B144.2B151.5B
Non Current Liabilities Total5.2B3.5B4.4B6.6B4.3B4.9B
Inventory7.8B10.3B20.6B22.1B28.1B29.5B
Other Current Assets2.9B1.8B4.4B1.4B2.7B2.9B
Total Liab13.9B17.8B25.9B36.4B41.1B20.9B
Total Current Assets12.4B27.4B46.7B43.0B50.9B25.5B
Accumulated Other Comprehensive Income4.1B4.2B4.5B10.4B11.6B12.1B
Short Term Debt7.6B6.7B4.1B8.3B3.2B5.0B
Intangible Assets1.9M6.5M50.9M18.5M965.2M1.0B
Long Term Debt3.2B1.2B1.3B3.3B2.7B2.3B
Net Invested Capital26.6B44.2B63.7B83.1B102.3B56.8B
Short Long Term Debt3.8B6.7B4.1B8.2B3.2B4.8B
Non Current Liabilities Other1.6B2.0B1.7B2.0B2.3M2.2M
Net Working Capital3.6B13.1B25.2B13.2B14.2B11.5B
Capital Lease Obligations39.6M65.9M93.7M87.2M94.7M70.1M

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Other Information on Investing in Shyam Stock

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