Supreme Interest Expense vs Operating Income Analysis

SUPREMEIND

4,520 130.90 2.81%

Supreme Industries financial indicator trend analysis is much more than just breaking down Supreme Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Supreme Industries is a good investment. Please check the relationship between Supreme Industries Interest Expense and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Supreme Industries 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 income.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Supreme Industries Interest Expense account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Supreme Industries' Interest Expense and Operating Income is -0.65. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Supreme Industries Limited, assuming nothing else is changed. The correlation between historical values of Supreme Industries' Interest Expense 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 Interest Expense of Supreme Industries Limited 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 Interest Expense i.e., Supreme Industries' Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Supreme Industries 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 Supreme Industries 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.

Most indicators from Supreme Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Supreme Industries 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 Supreme Industries 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 income.

The current year's Selling General Administrative is expected to grow to about 8.6 B, whereas Tax Provision is forecasted to decline to about 2.4 B.

	2021	2022	2023	2024 (projected)
Interest Expense	41.5M	80.2M	121.9M	115.8M
Depreciation And Amortization	2.3B	2.6B	3.0B	3.1B

Interest Expense Depreciation And Amortization

Supreme Industries 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	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	Net Receivables	Short Term Debt	Current Deferred Revenue	Intangible Assets	Retained Earnings
Total Assets		-0.68	-0.08	0.69	1.0	0.81	-0.91	0.99	0.93	1.0	0.23	0.92	-0.61	-0.02	-0.38	0.97	0.32	0.15	0.65	1.0	0.61	0.73	-0.47	-0.37	0.73	-0.34
Short Long Term Debt Total	-0.68		0.11	-0.27	-0.73	-0.53	0.85	-0.7	-0.7	-0.65	-0.01	-0.71	0.4	0.07	0.65	-0.64	-0.04	-0.29	-0.07	-0.71	-0.16	-0.66	0.72	0.51	-0.38	0.69
Other Current Liab	-0.08	0.11		0.15	-0.12	0.01	0.02	-0.12	-0.1	-0.07	-0.75	-0.11	-0.21	-0.01	-0.15	-0.1	-0.18	-0.37	0.22	-0.1	0.2	-0.11	-0.03	-0.06	0.0	0.39
Total Current Liabilities	0.69	-0.27	0.15		0.64	0.91	-0.46	0.71	0.47	0.72	0.1	0.45	-0.16	-0.21	-0.46	0.74	0.46	0.08	0.95	0.65	0.81	0.59	0.12	0.0	0.4	-0.08
Total Stockholder Equity	1.0	-0.73	-0.12	0.64		0.8	-0.93	0.99	0.94	0.99	0.25	0.94	-0.6	0.0	-0.39	0.96	0.3	0.18	0.59	1.0	0.55	0.75	-0.52	-0.41	0.71	-0.38
Property Plant And Equipment Net	0.81	-0.53	0.01	0.91	0.8		-0.67	0.83	0.65	0.83	0.22	0.64	-0.16	-0.2	-0.47	0.84	0.41	0.28	0.82	0.8	0.65	0.81	-0.24	-0.17	0.43	-0.3
Net Debt	-0.91	0.85	0.02	-0.46	-0.93	-0.67		-0.88	-0.96	-0.89	-0.08	-0.97	0.65	-0.12	0.42	-0.82	-0.16	-0.12	-0.39	-0.92	-0.4	-0.67	0.7	0.46	-0.68	0.42
Accounts Payable	0.99	-0.7	-0.12	0.71	0.99	0.83	-0.88		0.9	0.99	0.25	0.89	-0.58	-0.1	-0.42	0.98	0.37	0.18	0.65	0.99	0.61	0.73	-0.43	-0.37	0.71	-0.39
Cash	0.93	-0.7	-0.1	0.47	0.94	0.65	-0.96	0.9		0.91	0.22	1.0	-0.68	0.17	-0.23	0.83	0.23	0.08	0.46	0.94	0.44	0.6	-0.63	-0.37	0.75	-0.31
Non Current Assets Total	1.0	-0.65	-0.07	0.72	0.99	0.83	-0.89	0.99	0.91		0.23	0.91	-0.61	-0.05	-0.38	0.97	0.33	0.15	0.69	0.99	0.64	0.72	-0.42	-0.34	0.74	-0.32
Non Currrent Assets Other	0.23	-0.01	-0.75	0.1	0.25	0.22	-0.08	0.25	0.22	0.23		0.22	0.31	-0.04	0.36	0.26	0.42	0.34	0.13	0.25	0.03	0.2	-0.03	0.19	-0.03	-0.22
Cash And Short Term Investments	0.92	-0.71	-0.11	0.45	0.94	0.64	-0.97	0.89	1.0	0.91	0.22		-0.68	0.18	-0.22	0.82	0.21	0.08	0.45	0.94	0.42	0.6	-0.64	-0.38	0.74	-0.32
Common Stock Shares Outstanding	-0.61	0.4	-0.21	-0.16	-0.6	-0.16	0.65	-0.58	-0.68	-0.61	0.31	-0.68		-0.09	0.2	-0.51	0.07	0.34	-0.21	-0.61	-0.36	-0.18	0.37	0.47	-0.86	0.05
Short Term Investments	-0.02	0.07	-0.01	-0.21	0.0	-0.2	-0.12	-0.1	0.17	-0.05	-0.04	0.18	-0.09		0.22	-0.07	-0.1	-0.26	-0.14	0.01	-0.25	-0.17	-0.14	-0.16	-0.1	0.25
Non Current Liabilities Total	-0.38	0.65	-0.15	-0.46	-0.39	-0.47	0.42	-0.42	-0.23	-0.38	0.36	-0.22	0.2	0.22		-0.42	0.03	-0.05	-0.18	-0.36	-0.24	-0.49	0.03	0.39	-0.17	0.3
Inventory	0.97	-0.64	-0.1	0.74	0.96	0.84	-0.82	0.98	0.83	0.97	0.26	0.82	-0.51	-0.07	-0.42		0.37	0.16	0.69	0.97	0.61	0.75	-0.36	-0.39	0.62	-0.33
Other Current Assets	0.32	-0.04	-0.18	0.46	0.3	0.41	-0.16	0.37	0.23	0.33	0.42	0.21	0.07	-0.1	0.03	0.37		0.05	0.49	0.32	0.57	-0.11	0.12	-0.13	0.05	-0.16
Other Stockholder Equity	0.15	-0.29	-0.37	0.08	0.18	0.28	-0.12	0.18	0.08	0.15	0.34	0.08	0.34	-0.26	-0.05	0.16	0.05		0.0	0.15	0.04	0.4	-0.27	0.2	-0.17	-0.46
Total Liab	0.65	-0.07	0.22	0.95	0.59	0.82	-0.39	0.65	0.46	0.69	0.13	0.45	-0.21	-0.14	-0.18	0.69	0.49	0.0		0.62	0.85	0.47	0.13	0.1	0.44	0.06
Total Current Assets	1.0	-0.71	-0.1	0.65	1.0	0.8	-0.92	0.99	0.94	0.99	0.25	0.94	-0.61	0.01	-0.36	0.97	0.32	0.15	0.62		0.57	0.73	-0.5	-0.39	0.71	-0.36
Common Stock	0.61	-0.16	0.2	0.81	0.55	0.65	-0.4	0.61	0.44	0.64	0.03	0.42	-0.36	-0.25	-0.24	0.61	0.57	0.04	0.85	0.57		0.26	0.14	0.06	0.52	-0.13
Net Receivables	0.73	-0.66	-0.11	0.59	0.75	0.81	-0.67	0.73	0.6	0.72	0.2	0.6	-0.18	-0.17	-0.49	0.75	-0.11	0.4	0.47	0.73	0.26		-0.45	-0.21	0.4	-0.42
Short Term Debt	-0.47	0.72	-0.03	0.12	-0.52	-0.24	0.7	-0.43	-0.63	-0.42	-0.03	-0.64	0.37	-0.14	0.03	-0.36	0.12	-0.27	0.13	-0.5	0.14	-0.45		0.44	-0.28	0.52
Current Deferred Revenue	-0.37	0.51	-0.06	0.0	-0.41	-0.17	0.46	-0.37	-0.37	-0.34	0.19	-0.38	0.47	-0.16	0.39	-0.39	-0.13	0.2	0.1	-0.39	0.06	-0.21	0.44		-0.26	0.1
Intangible Assets	0.73	-0.38	0.0	0.4	0.71	0.43	-0.68	0.71	0.75	0.74	-0.03	0.74	-0.86	-0.1	-0.17	0.62	0.05	-0.17	0.44	0.71	0.52	0.4	-0.28	-0.26		-0.15
Retained Earnings	-0.34	0.69	0.39	-0.08	-0.38	-0.3	0.42	-0.39	-0.31	-0.32	-0.22	-0.32	0.05	0.25	0.3	-0.33	-0.16	-0.46	0.06	-0.36	-0.13	-0.42	0.52	0.1	-0.15

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Supreme Industries Account Relationship Matchups

Supreme Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	36.2B	42.8B	50.0B	56.9B	65.6B	68.8B
Short Long Term Debt Total	4.5B	376.7M	456.8M	511.7M	550.6M	523.1M
Other Current Liab	2.0B	2.2B	1.9B	2.2B	1.9B	1.9B
Total Current Liabilities	11.7B	9.7B	10.0B	11.4B	12.7B	8.4B
Total Stockholder Equity	22.6B	31.7B	38.4B	44.0B	51.1B	53.6B
Property Plant And Equipment Net	16.8B	17.5B	19.2B	21.4B	24.1B	13.2B
Net Debt	2.3B	(7.2B)	(4.7B)	(6.9B)	(11.2B)	(10.7B)
Accounts Payable	5.5B	6.5B	7.9B	9.0B	10.2B	10.7B
Cash	2.2B	7.6B	5.2B	7.4B	11.8B	12.4B
Non Current Assets Total	20.1B	22.2B	25.2B	28.2B	32.7B	34.3B
Non Currrent Assets Other	3.1B	932M	1.5B	6.7B	1.0B	920.9M
Cash And Short Term Investments	2.2B	7.6B	5.2B	7.5B	11.8B	12.4B
Short Term Investments	(8.9M)	74.2M	11.2M	104.4M	22.4M	21.3M
Liabilities And Stockholders Equity	36.2B	42.8B	50.0B	56.9B	65.6B	68.8B
Non Current Liabilities Total	1.9B	1.4B	1.5B	1.6B	1.7B	2.0B
Inventory	8.9B	7.6B	12.6B	13.9B	13.6B	14.3B
Other Current Assets	1.8B	1.5B	2.3B	2.6B	2.4B	1.6B
Other Stockholder Equity	18.3B	474.9M	29.3B	35.9B	546.1M	518.8M
Total Liab	13.6B	11.1B	11.5B	12.9B	14.5B	11.1B
Total Current Assets	16.1B	20.7B	24.8B	28.8B	32.9B	34.5B
Accumulated Other Comprehensive Income	21.9B	28.8B	35.4B	40.8B	47.6B	49.9B
Net Receivables	3.1B	3.9B	4.7B	4.9B	5.1B	3.2B
Short Term Debt	4.2B	114M	133.9M	144.5M	129.3M	122.8M
Current Deferred Revenue	2.0B	3.1B	436.6M	429.8M	532.4M	505.8M
Intangible Assets	160.2M	111.7M	76.2M	54.5M	582M	611.1M
Retained Earnings	21.9B	2.2B	2.3B	2.5B	2.8B	5.2B
Other Liab	1.4B	1.6B	1.2B	1.2B	1.4B	1.4B
Net Tangible Assets	21.3B	22.5B	31.6B	38.4B	44.1B	22.6B
Other Assets	1.0B	1.1B	1.2B	885.5M	1.0B	895.1M
Property Plant Equipment	16.8B	17.5B	19.2B	21.4B	24.6B	16.8B
Long Term Debt Total	303.6M	262.7M	322.9M	367.2M	330.5M	208.9M
Non Current Liabilities Other	28.4M	43M	40.3M	23.2M	61.4M	32.0M
Net Invested Capital	26.7B	31.7B	38.4B	44.0B	51.1B	36.9B
Net Working Capital	4.4B	11.0B	14.7B	17.4B	20.1B	11.8B

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Other Information on Investing in Supreme Stock

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

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Supreme Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

Supreme Industries fundamental ratios Correlations

Supreme Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Supreme Industries fundamental ratios Accounts

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Other Information on Investing in Supreme Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Accounts Payable	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.97	Net Debt
Cash	- 0.96	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Total Current Assets	- 0.92	Net Debt
Net Debt	- 0.91	Total Assets
Non Current Assets Total	- 0.89	Net Debt