Supreme Total Revenue vs Interest Expense Analysis

SUPREMEIND   3,576  118.40  3.20%   
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 Total Revenue and its Interest Expense 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.

Total Revenue vs Interest Expense

Total Revenue vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Supreme Industries Total Revenue account and Interest Expense. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Supreme Industries' Total Revenue and Interest Expense is -0.64. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense 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' Total Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Supreme Industries Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., Supreme Industries' Total Revenue and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Supreme Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 4.2 B, whereas Tax Provision is forecasted to decline to about 2.4 B.
 2022 2023 2024 2025 (projected)
Interest Expense80.2M121.9M109.7M104.2M
Depreciation And Amortization2.6B3.0B3.4B3.6B

Supreme Industries fundamental ratios Correlations

-0.7-0.080.71.00.99-0.910.991.00.210.950.76-0.68-0.310.980.380.050.681.0-0.540.560.950.01-0.450.82-0.42
-0.70.13-0.35-0.75-0.660.86-0.72-0.68-0.01-0.72-0.680.340.66-0.68-0.12-0.24-0.19-0.720.74-0.16-0.720.060.54-0.470.72
-0.080.130.15-0.12-0.030.04-0.11-0.07-0.72-0.12-0.09-0.3-0.1-0.09-0.13-0.320.21-0.110.020.28-0.12-0.05-0.01-0.050.39
0.7-0.350.150.660.75-0.570.710.720.110.550.74-0.38-0.340.740.540.020.960.68-0.040.790.55-0.17-0.110.51-0.14
1.0-0.75-0.120.660.98-0.930.990.990.230.960.77-0.64-0.330.970.360.080.631.0-0.590.50.960.02-0.480.81-0.46
0.99-0.66-0.030.750.98-0.870.990.990.190.910.77-0.7-0.330.980.380.070.730.98-0.450.630.91-0.1-0.380.82-0.39
-0.910.860.04-0.57-0.93-0.87-0.9-0.89-0.09-0.95-0.740.510.42-0.85-0.26-0.07-0.5-0.930.74-0.34-0.95-0.130.51-0.720.5
0.99-0.72-0.110.710.990.99-0.90.990.230.930.77-0.66-0.340.980.410.080.680.99-0.520.570.93-0.06-0.450.81-0.46
1.0-0.68-0.070.720.990.99-0.890.990.210.940.76-0.69-0.30.980.390.060.70.99-0.50.590.94-0.02-0.420.83-0.4
0.21-0.01-0.720.110.230.19-0.090.230.210.190.20.260.360.240.420.340.130.23-0.030.050.19-0.050.18-0.01-0.22
0.95-0.72-0.120.550.960.91-0.950.930.940.190.66-0.62-0.220.880.3-0.010.550.96-0.670.41.00.16-0.450.84-0.41
0.76-0.68-0.090.740.770.77-0.740.770.760.20.66-0.24-0.470.780.10.310.640.76-0.480.380.66-0.16-0.270.52-0.44
-0.680.34-0.3-0.38-0.64-0.70.51-0.66-0.690.26-0.62-0.240.2-0.63-0.150.24-0.43-0.650.22-0.62-0.620.030.33-0.740.15
-0.310.66-0.1-0.34-0.33-0.330.42-0.34-0.30.36-0.22-0.470.2-0.350.09-0.01-0.1-0.310.12-0.1-0.220.170.45-0.170.3
0.98-0.68-0.090.740.970.98-0.850.980.980.240.880.78-0.63-0.350.410.070.70.97-0.460.580.88-0.04-0.460.74-0.41
0.38-0.12-0.130.540.360.38-0.260.410.390.420.30.1-0.150.090.410.030.570.370.010.60.3-0.09-0.190.18-0.19
0.05-0.24-0.320.020.080.07-0.070.080.060.34-0.010.310.24-0.010.070.03-0.040.05-0.230.06-0.01-0.270.23-0.21-0.41
0.68-0.190.210.960.630.73-0.50.680.70.130.550.64-0.43-0.10.70.57-0.040.65-0.030.830.55-0.11-0.030.54-0.04
1.0-0.72-0.110.681.00.98-0.930.990.990.230.960.76-0.65-0.310.970.370.050.65-0.570.520.960.03-0.460.81-0.44
-0.540.740.02-0.04-0.59-0.450.74-0.52-0.5-0.03-0.67-0.480.220.12-0.460.01-0.23-0.03-0.570.1-0.66-0.140.47-0.390.57
0.56-0.160.280.790.50.63-0.340.570.590.050.40.38-0.62-0.10.580.60.060.830.520.10.4-0.260.060.44-0.15
0.95-0.72-0.120.550.960.91-0.950.930.940.191.00.66-0.62-0.220.880.3-0.010.550.96-0.660.40.16-0.440.84-0.41
0.010.06-0.05-0.170.02-0.1-0.13-0.06-0.02-0.050.16-0.160.030.17-0.04-0.09-0.27-0.110.03-0.14-0.260.16-0.17-0.050.23
-0.450.54-0.01-0.11-0.48-0.380.51-0.45-0.420.18-0.45-0.270.330.45-0.46-0.190.23-0.03-0.460.470.06-0.44-0.17-0.360.17
0.82-0.47-0.050.510.810.82-0.720.810.83-0.010.840.52-0.74-0.170.740.18-0.210.540.81-0.390.440.84-0.05-0.36-0.28
-0.420.720.39-0.14-0.46-0.390.5-0.46-0.4-0.22-0.41-0.440.150.3-0.41-0.19-0.41-0.04-0.440.57-0.15-0.410.230.17-0.28
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Supreme Industries Account Relationship Matchups

Supreme Industries fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets42.8B50.0B56.9B65.6B75.4B79.2B
Short Long Term Debt Total376.7M456.8M511.7M550.6M495.5M470.8M
Other Current Liab2.2B1.9B2.2B1.9B1.7B1.9B
Total Current Liabilities9.7B10.0B11.4B12.7B14.6B8.0B
Total Stockholder Equity31.7B38.4B44.0B51.1B58.8B61.7B
Property Plant And Equipment Net17.5B19.2B21.4B24.1B27.7B29.1B
Net Debt(7.2B)(4.7B)(6.9B)(11.2B)(10.1B)(9.6B)
Accounts Payable6.5B7.9B9.0B10.2B11.7B12.3B
Non Current Assets Total22.2B25.2B28.2B32.7B37.6B39.5B
Non Currrent Assets Other932M1.5B6.7B1.0B1.2B874.9M
Cash And Short Term Investments7.6B5.2B7.5B11.8B13.6B14.2B
Net Receivables3.9B4.7B4.9B5.1B5.9B3.1B
Liabilities And Stockholders Equity42.8B50.0B56.9B65.6B75.4B79.2B
Non Current Liabilities Total1.4B1.5B1.6B1.7B1.6B2.0B
Inventory7.6B12.6B13.9B13.6B15.6B16.4B
Other Current Assets1.5B2.3B2.6B2.4B2.7B1.5B
Other Stockholder Equity18.3B474.9M29.3B35.9B546.1M518.8M
Total Liab11.1B11.5B12.9B14.5B16.6B10.8B
Total Current Assets20.7B24.8B28.8B32.9B37.8B39.7B
Accumulated Other Comprehensive Income28.8B35.4B40.8B47.6B54.7B57.4B
Short Term Debt114M133.9M144.5M129.3M116.4M110.6M
Cash7.6B5.2B7.4B11.8B13.6B14.2B
Short Term Investments74.2M11.2M104.4M22.4M20.2M19.2M
Current Deferred Revenue3.1B436.6M429.8M532.4M479.2M455.2M
Intangible Assets111.7M76.2M54.5M582M669.3M702.8M
Retained Earnings2.2B2.3B2.5B2.8B2.5B2.4B
Other Liab1.4B1.6B1.2B1.2B1.4B1.4B
Net Tangible Assets21.3B22.5B31.6B38.4B44.1B22.6B
Other Assets1.0B1.1B1.2B885.5M1.0B895.1M
Property Plant Equipment16.8B17.5B19.2B21.4B24.6B16.8B
Long Term Debt Total303.6M262.7M322.9M367.2M330.5M208.9M
Non Current Liabilities Other43M40.3M23.2M61.4M70.6M74.1M
Net Invested Capital31.7B38.4B44.0B51.1B58.8B36.9B
Net Working Capital11.0B14.7B17.4B20.1B23.2B11.8B
Capital Lease Obligations256.6M456.8M511.7M421.3M484.5M450.0M

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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.