Chicago Operating Income vs Net Income Analysis

CVR Stock  USD 16.50  0.89  5.70%   
Chicago Rivet financial indicator trend analysis is way more than just evaluating Chicago Rivet Machine prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chicago Rivet Machine is a good investment. Please check the relationship between Chicago Rivet Operating Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chicago Rivet Machine Operating Income account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chicago Rivet's Operating Income and Net Income is 0.9. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Chicago Rivet Machine, assuming nothing else is changed. The correlation between historical values of Chicago Rivet's Operating Income and Net 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 Operating Income of Chicago Rivet Machine are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., Chicago Rivet's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Chicago Rivet Machine 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 Chicago Rivet Machine 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Chicago Rivet Machine financial statement analysis. It represents the amount of money remaining after all of Chicago Rivet Machine operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Chicago Rivet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chicago Rivet Machine 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
At this time, Chicago Rivet's Selling General Administrative is relatively stable compared to the past year. As of 05/21/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, though Enterprise Value Over EBITDA is likely to grow to (3.13).
 2021 2022 2023 2024 (projected)
Total Operating Expenses5.1M5.0M5.2M6.3M
Cost Of Revenue27.5M29.8M32.1M26.3M

Chicago Rivet fundamental ratios Correlations

0.68-0.37-0.270.980.940.370.97-0.420.920.160.270.77-0.63-0.240.55-0.41-0.17-0.340.330.87-0.05-0.730.010.340.01
0.68-0.42-0.360.730.630.750.79-0.820.55-0.13-0.070.85-0.76-0.130.380.00.24-0.48-0.080.680.35-0.99-0.170.72-0.17
-0.37-0.420.46-0.41-0.4-0.58-0.450.56-0.360.160.5-0.420.890.89-0.55-0.180.360.69-0.61-0.3-0.30.52-0.750.04-0.75
-0.27-0.360.46-0.38-0.31-0.01-0.40.07-0.290.780.3-0.090.380.27-0.48-0.080.670.81-0.33-0.180.40.42-0.160.14-0.16
0.980.73-0.41-0.380.940.380.99-0.450.920.080.180.76-0.66-0.260.61-0.36-0.2-0.490.330.83-0.06-0.770.040.350.04
0.940.63-0.4-0.310.940.420.93-0.470.990.060.230.73-0.64-0.310.44-0.42-0.23-0.440.280.65-0.16-0.680.150.340.15
0.370.75-0.58-0.010.380.420.46-0.990.340.03-0.190.73-0.81-0.420.070.110.42-0.31-0.110.310.62-0.750.210.710.21
0.970.79-0.45-0.40.990.930.46-0.530.90.050.130.8-0.71-0.280.61-0.32-0.16-0.530.30.820.0-0.830.050.40.05
-0.42-0.820.560.07-0.45-0.47-0.99-0.53-0.390.00.19-0.770.820.38-0.13-0.09-0.410.370.12-0.35-0.60.8-0.16-0.73-0.16
0.920.55-0.36-0.290.920.990.340.9-0.390.080.260.67-0.57-0.290.42-0.46-0.27-0.410.290.6-0.23-0.60.160.280.16
0.16-0.130.160.780.080.060.030.050.00.080.150.210.080.010.13-0.230.390.460.130.230.480.170.06-0.020.06
0.27-0.070.50.30.180.23-0.190.130.190.260.150.050.30.45-0.4-0.770.190.47-0.340.22-0.330.08-0.430.3-0.43
0.770.85-0.42-0.090.760.730.730.8-0.770.670.210.05-0.75-0.190.39-0.260.22-0.240.110.720.36-0.86-0.040.56-0.04
-0.63-0.760.890.38-0.66-0.64-0.81-0.710.82-0.570.080.3-0.750.71-0.51-0.050.080.63-0.38-0.55-0.390.82-0.48-0.36-0.48
-0.24-0.130.890.27-0.26-0.31-0.42-0.280.38-0.290.010.45-0.190.71-0.44-0.190.380.59-0.66-0.13-0.240.23-0.880.19-0.88
0.550.38-0.55-0.480.610.440.070.61-0.130.420.13-0.40.39-0.51-0.44-0.05-0.51-0.610.790.590.12-0.440.33-0.30.33
-0.410.0-0.18-0.08-0.36-0.420.11-0.32-0.09-0.46-0.23-0.77-0.26-0.05-0.19-0.050.12-0.14-0.11-0.260.280.020.06-0.030.06
-0.170.240.360.67-0.2-0.230.42-0.16-0.41-0.270.390.190.220.080.38-0.510.120.47-0.73-0.010.61-0.12-0.440.72-0.44
-0.34-0.480.690.81-0.49-0.44-0.31-0.530.37-0.410.460.47-0.240.630.59-0.61-0.140.47-0.42-0.180.050.5-0.480.01-0.48
0.33-0.08-0.61-0.330.330.28-0.110.30.120.290.13-0.340.11-0.38-0.660.79-0.11-0.73-0.420.3-0.1-0.030.66-0.650.66
0.870.68-0.3-0.180.830.650.310.82-0.350.60.230.220.72-0.55-0.130.59-0.26-0.01-0.180.30.18-0.73-0.180.33-0.18
-0.050.35-0.30.4-0.06-0.160.620.0-0.6-0.230.48-0.330.36-0.39-0.240.120.280.610.05-0.10.18-0.30.120.370.12
-0.73-0.990.520.42-0.77-0.68-0.75-0.830.8-0.60.170.08-0.860.820.23-0.440.02-0.120.5-0.03-0.73-0.30.09-0.640.09
0.01-0.17-0.75-0.160.040.150.210.05-0.160.160.06-0.43-0.04-0.48-0.880.330.06-0.44-0.480.66-0.180.120.09-0.421.0
0.340.720.040.140.350.340.710.4-0.730.28-0.020.30.56-0.360.19-0.3-0.030.720.01-0.650.330.37-0.64-0.42-0.42
0.01-0.17-0.75-0.160.040.150.210.05-0.160.160.06-0.43-0.04-0.48-0.880.330.06-0.44-0.480.66-0.180.120.091.0-0.42
Click cells to compare fundamentals

Chicago Rivet Account Relationship Matchups

Chicago Rivet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.7M31.2M31.8M33.6M27.8M29.0M
Other Current Liab979.0K805.0K875.8K790.3K64.6K61.3K
Total Current Liabilities1.6M1.5M1.9M1.7M1.9M2.2M
Total Stockholder Equity29.2M28.7M29.0M31.0M26.0M24.3M
Property Plant And Equipment Net13.7M13.2M12.5M11.9M11.7M10.6M
Net Debt(1.4M)(2.6M)(2.0M)(4.0M)(1.4M)(1.5M)
Retained Earnings31.5M31.0M31.3M33.3M28.3M25.6M
Cash1.4M2.6M2.0M4.0M1.4M2.4M
Non Current Assets Total13.7M13.2M12.5M11.9M12.0M10.7M
Non Currrent Assets Other(13.7M)(13.2M)(926.1K)(948.1K)(853.3K)(895.9K)
Cash And Short Term Investments8.0M7.3M4.8M6.7M3.2M6.1M
Net Receivables4.6M5.2M5.6M5.0M4.4M4.7M
Liabilities And Stockholders Equity31.7M31.2M31.8M33.6M27.8M29.0M
Non Current Liabilities Total921.1K943.1K1.0M926.1K948.1K0.0
Inventory5.0M5.2M8.5M9.1M7.3M5.4M
Other Current Assets427.2K383.8K346.2K422.7K960.8K1.3M
Total Liab2.6M2.5M2.8M2.6M1.9M3.5M
Property Plant And Equipment Gross13.7M13.2M46.9M45.3M46.3M48.6M
Total Current Assets18.0M18.1M19.3M21.8M15.8M18.3M
Accounts Payable490.6K466.4K692.6K697.2K789.0K791.1K
Short Term Investments6.6M4.7M2.7M2.7M1.8M1.7M
Property Plant Equipment13.7M13.2M12.5M11.9M13.6M11.8M
Current Deferred Revenue152.6K249.5K302.4K203.7K430.2K227.3K
Net Tangible Assets29.8M29.2M28.7M29.0M33.3M29.6M
Retained Earnings Total Equity31.2M32.1M31.5M31.0M35.7M31.9M
Deferred Long Term Liab737.1K921.1K943.1K1.0M910.0K789.6K
Other Liab943.1K1.0M926.1K948.1K853.3K757.0K
Cash And Equivalents1.4M2.6M2.0M4.0M4.7M4.9M
Net Invested Capital29.2M28.7M29.0M31.0M26.0M23.1M
Net Working Capital16.4M16.6M17.4M20.1M14.0M13.6M

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When determining whether Chicago Rivet Machine is a strong investment it is important to analyze Chicago Rivet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chicago Rivet's future performance. For an informed investment choice regarding Chicago Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chicago Rivet Machine. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
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When running Chicago Rivet's price analysis, check to measure Chicago Rivet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chicago Rivet is operating at the current time. Most of Chicago Rivet's value examination focuses on studying past and present price action to predict the probability of Chicago Rivet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicago Rivet's price. Additionally, you may evaluate how the addition of Chicago Rivet to your portfolios can decrease your overall portfolio volatility.
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Is Chicago Rivet's industry 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 Chicago Rivet. If investors know Chicago 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 Chicago Rivet 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
19.729
Dividend Share
0.64
Earnings Share
(4.56)
Revenue Per Share
32.612
Quarterly Revenue Growth
(0.01)
The market value of Chicago Rivet Machine is measured differently than its book value, which is the value of Chicago that is recorded on the company's balance sheet. Investors also form their own opinion of Chicago Rivet's value that differs from its market value or its book value, called intrinsic value, which is Chicago Rivet'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 Chicago Rivet's market value can be influenced by many factors that don't directly affect Chicago Rivet'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 Chicago Rivet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chicago Rivet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chicago Rivet'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.