Stoneridge Net Income vs Net Interest Income Analysis

SRI Stock

USD 6.59 0.18 2.81%

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

For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stoneridge Net Income account and Net Interest Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Stoneridge's Net Income and Net Interest Income is 0.39. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Stoneridge, assuming nothing else is changed. The correlation between historical values of Stoneridge's Net Income and Net Interest 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 Net Income of Stoneridge are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Stoneridge's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Income

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Stoneridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stoneridge 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 Stoneridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.As of now, Stoneridge's Enterprise Value Multiple is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	5.2M	7.1M	13M	12.7M
Depreciation And Amortization	33.2M	33.7M	33.7M	29.2M

Interest Expense Depreciation And Amortization

Stoneridge 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		0.82	0.54	0.87	0.67	0.91	0.6	0.42	0.95	0.71	0.93	-0.31	0.71	0.97	0.59	0.81	0.73	0.73	0.45	0.89	0.4	0.96	0.27	0.55	0.06	0.45
Short Long Term Debt Total	0.82		0.45	0.9	0.16	0.65	0.92	-0.03	0.8	0.44	0.77	-0.64	0.44	0.77	0.29	0.95	0.64	0.57	0.25	0.97	0.28	0.79	0.64	0.62	-0.27	0.27
Other Current Liab	0.54	0.45		0.48	0.44	0.46	0.35	0.42	0.57	0.36	0.37	-0.13	0.36	0.51	0.23	0.36	0.55	0.55	0.1	0.44	0.3	0.59	0.12	0.08	-0.02	0.48
Total Current Liabilities	0.87	0.9	0.48		0.33	0.7	0.71	0.07	0.91	0.65	0.8	-0.71	0.65	0.87	0.43	0.81	0.6	0.54	0.41	0.93	0.23	0.87	0.67	0.62	-0.1	0.23
Total Stockholder Equity	0.67	0.16	0.44	0.33		0.74	-0.05	0.88	0.63	0.55	0.6	0.34	0.55	0.66	0.48	0.16	0.47	0.63	0.25	0.25	0.34	0.66	-0.38	-0.02	0.39	0.57
Property Plant And Equipment Net	0.91	0.65	0.46	0.7	0.74		0.41	0.52	0.79	0.74	0.92	-0.18	0.74	0.85	0.6	0.66	0.56	0.73	0.31	0.72	0.32	0.83	0.15	0.46	0.19	0.37
Net Debt	0.6	0.92	0.35	0.71	-0.05	0.41		-0.12	0.59	0.05	0.55	-0.56	0.05	0.55	0.01	0.84	0.64	0.38	0.03	0.83	0.38	0.58	0.59	0.54	-0.48	0.3
Retained Earnings	0.42	-0.03	0.42	0.07	0.88	0.52	-0.12		0.36	0.25	0.32	0.48	0.25	0.34	0.13	-0.11	0.5	0.52	-0.1	0.02	0.48	0.39	-0.47	-0.16	0.25	0.75
Accounts Payable	0.95	0.8	0.57	0.91	0.63	0.79	0.59	0.36		0.67	0.83	-0.38	0.67	0.97	0.55	0.74	0.7	0.67	0.47	0.85	0.34	0.98	0.33	0.4	0.05	0.43
Cash	0.71	0.44	0.36	0.65	0.55	0.74	0.05	0.25	0.67		0.69	-0.31	1.0	0.7	0.71	0.48	0.26	0.58	0.58	0.58	-0.03	0.68	0.25	0.41	0.4	0.08
Non Current Assets Total	0.93	0.77	0.37	0.8	0.6	0.92	0.55	0.32	0.83	0.69		-0.36	0.69	0.88	0.47	0.79	0.49	0.62	0.33	0.82	0.21	0.82	0.32	0.63	0.08	0.23
Non Currrent Assets Other	-0.31	-0.64	-0.13	-0.71	0.34	-0.18	-0.56	0.48	-0.38	-0.31	-0.36		-0.31	-0.31	0.02	-0.52	-0.09	0.02	-0.1	-0.62	0.1	-0.28	-0.98	-0.62	0.23	0.28
Cash And Short Term Investments	0.71	0.44	0.36	0.65	0.55	0.74	0.05	0.25	0.67	1.0	0.69	-0.31		0.7	0.71	0.48	0.26	0.58	0.58	0.58	-0.03	0.68	0.25	0.41	0.4	0.08
Net Receivables	0.97	0.77	0.51	0.87	0.66	0.85	0.55	0.34	0.97	0.7	0.88	-0.31	0.7		0.67	0.77	0.66	0.65	0.56	0.85	0.34	0.97	0.26	0.48	0.12	0.35
Common Stock Shares Outstanding	0.59	0.29	0.23	0.43	0.48	0.6	0.01	0.13	0.55	0.71	0.47	0.02	0.71	0.67		0.44	0.32	0.42	0.87	0.46	0.18	0.62	-0.09	0.23	0.47	0.08
Non Current Liabilities Total	0.81	0.95	0.36	0.81	0.16	0.66	0.84	-0.11	0.74	0.48	0.79	-0.52	0.48	0.77	0.44		0.55	0.55	0.39	0.95	0.21	0.77	0.49	0.63	-0.14	0.14
Inventory	0.73	0.64	0.55	0.6	0.47	0.56	0.64	0.5	0.7	0.26	0.49	-0.09	0.26	0.66	0.32	0.55		0.54	0.25	0.68	0.82	0.72	0.1	0.38	-0.17	0.77
Other Current Assets	0.73	0.57	0.55	0.54	0.63	0.73	0.38	0.52	0.67	0.58	0.62	0.02	0.58	0.65	0.42	0.55	0.54		0.27	0.56	0.18	0.76	0.03	0.07	0.01	0.67
Other Stockholder Equity	0.45	0.25	0.1	0.41	0.25	0.31	0.03	-0.1	0.47	0.58	0.33	-0.1	0.58	0.56	0.87	0.39	0.25	0.27		0.43	0.13	0.49	0.04	0.29	0.4	0.03
Total Liab	0.89	0.97	0.44	0.93	0.25	0.72	0.83	0.02	0.85	0.58	0.82	-0.62	0.58	0.85	0.46	0.95	0.68	0.56	0.43		0.34	0.84	0.59	0.72	-0.14	0.26
Property Plant And Equipment Gross	0.4	0.28	0.3	0.23	0.34	0.32	0.38	0.48	0.34	-0.03	0.21	0.1	-0.03	0.34	0.18	0.21	0.82	0.18	0.13	0.34		0.35	-0.08	0.28	-0.03	0.68
Total Current Assets	0.96	0.79	0.59	0.87	0.66	0.83	0.58	0.39	0.98	0.68	0.82	-0.28	0.68	0.97	0.62	0.77	0.72	0.76	0.49	0.84	0.35		0.23	0.35	0.06	0.47
Short Term Debt	0.27	0.64	0.12	0.67	-0.38	0.15	0.59	-0.47	0.33	0.25	0.32	-0.98	0.25	0.26	-0.09	0.49	0.1	0.03	0.04	0.59	-0.08	0.23		0.61	-0.33	-0.2
Intangible Assets	0.55	0.62	0.08	0.62	-0.02	0.46	0.54	-0.16	0.4	0.41	0.63	-0.62	0.41	0.48	0.23	0.63	0.38	0.07	0.29	0.72	0.28	0.35	0.61		-0.13	-0.06
Other Liab	0.06	-0.27	-0.02	-0.1	0.39	0.19	-0.48	0.25	0.05	0.4	0.08	0.23	0.4	0.12	0.47	-0.14	-0.17	0.01	0.4	-0.14	-0.03	0.06	-0.33	-0.13		-0.06
Other Assets	0.45	0.27	0.48	0.23	0.57	0.37	0.3	0.75	0.43	0.08	0.23	0.28	0.08	0.35	0.08	0.14	0.77	0.67	0.03	0.26	0.68	0.47	-0.2	-0.06	-0.06

Click cells to compare fundamentals

Stoneridge Account Relationship Matchups

Stoneridge fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	602.2M	621.4M	665.4M	652.1M	679.9M	578.9M
Short Long Term Debt Total	147.1M	159.1M	184.1M	179.8M	203.0M	150.6M
Other Current Liab	55.2M	48.0M	65.9M	62.1M	60.3M	47.2M
Total Current Liabilities	138.6M	146.0M	173.1M	177.7M	178.2M	138.7M
Total Stockholder Equity	289.9M	296.6M	296.0M	280.9M	287.7M	210.4M
Property Plant And Equipment Net	144.5M	138.3M	126.2M	118.4M	120.9M	115.5M
Net Debt	77.7M	85.2M	98.6M	125.0M	162.2M	111.0M
Retained Earnings	206.5M	212.3M	215.7M	201.7M	196.5M	206.3M
Accounts Payable	80.7M	86.1M	97.7M	110.2M	111.9M	73.2M
Cash	69.4M	73.9M	85.5M	54.8M	40.8M	54.4M
Non Current Assets Total	270.9M	286.7M	254.6M	242.6M	250.5M	212.2M
Non Currrent Assets Other	(12.5M)	(12.9M)	(10.7M)	(8.5M)	(14.4M)	(13.7M)
Cash And Short Term Investments	69.4M	73.9M	85.5M	54.8M	40.8M	54.4M
Net Receivables	138.6M	136.7M	150.4M	158.2M	166.5M	123.1M
Common Stock Shares Outstanding	28.3M	27.0M	27.4M	27.3M	27.4M	26.9M
Liabilities And Stockholders Equity	602.2M	621.4M	665.4M	652.1M	679.9M	578.9M
Non Current Liabilities Total	173.7M	178.7M	196.4M	193.5M	213.9M	161.7M
Inventory	93.4M	90.5M	138.1M	152.6M	187.8M	197.1M
Other Current Assets	29.9M	52.6M	55.1M	44.0M	34.2M	27.6M
Other Stockholder Equity	124.1M	173.9M	177.2M	182.4M	184.0M	181.3M
Total Liab	312.3M	324.8M	369.4M	371.2M	392.2M	361.0M
Property Plant And Equipment Gross	144.5M	138.3M	126.2M	118.4M	428.1M	449.5M
Total Current Assets	331.3M	334.7M	410.8M	409.6M	429.4M	287.2M
Accumulated Other Comprehensive Income	(91.5M)	(89.6M)	(97.0M)	(103.1M)	(92.8M)	(88.1M)
Short Term Debt	2.7M	11.9M	9.5M	5.4M	6.0M	11.4M
Intangible Assets	58.1M	55.4M	49.9M	45.5M	47.3M	91.3M
Other Liab	29.3M	27.3M	17.5M	15.1M	17.3M	15.4M
Other Assets	1.6M	882K	122K	254.6M	292.8M	307.4M
Long Term Debt	454K	136M	164.0M	167.8M	189.3M	122.2M
Good Will	35.9M	39.1M	36.4M	34.2M	35.3M	67.6M
Property Plant Equipment	122.5M	119.3M	126.2M	104.6M	120.3M	117.1M
Treasury Stock	(50.8M)	(60.5M)	(55.3M)	(50.4M)	(45.3M)	(43.1M)
Common Stock	(50.8M)	(60.5M)	(55.3M)	(50.4M)	(45.3M)	(43.1M)
Net Tangible Assets	195.9M	202.1M	209.7M	201.2M	231.4M	133.3M
Retained Earnings Total Equity	206.5M	212.3M	215.7M	201.7M	231.9M	243.5M
Long Term Debt Total	454K	136M	164.0M	167.8M	151.0M	158.6M
Capital Surpluse	225.6M	234.4M	232.5M	232.8M	267.7M	234.3M

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When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:

How To Invest In Stoneridge

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Is Stoneridge Stock a good investment?

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What is Stoneridge's Net Worth?

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Largest Automobiles & Components Companies

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Largest Consumer Discretionary Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Is Automotive Parts & 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 Stoneridge. If investors know Stoneridge 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 Stoneridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.948

Earnings Share

(0.27)

Revenue Per Share

33.364

Quarterly Revenue Growth

(0.10)

Return On Assets

0.0116

The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.

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Stoneridge Net Income vs Net Interest Income Analysis

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

Correlation Coefficient

Net Income

Net Interest Income

Stoneridge fundamental ratios Correlations

Stoneridge Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Stoneridge fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.98	Accounts Payable
Net Receivables	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Net Receivables	+ 0.97	Accounts Payable
Total Current Assets	+ 0.97	Net Receivables

Short Term Debt	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.71	Total Current Liabilities
Non Currrent Assets Other	- 0.64	Short Long Term Debt Total
Intangible Assets	- 0.62	Non Currrent Assets Other
Total Liab	- 0.62	Non Currrent Assets Other
Non Currrent Assets Other	- 0.56	Net Debt