Grifols Net Income vs Operating Income Analysis

GRFS Stock

USD 7.47 0.18 2.47%

Grifols SA financial indicator trend analysis is much more than just examining Grifols SA ADR latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grifols SA ADR is a good investment. Please check the relationship between Grifols SA Net Income and its Operating Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grifols SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grifols SA ADR Net Income account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Grifols SA's Net Income and Operating Income is 0.84. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Grifols SA ADR, assuming nothing else is changed. The correlation between historical values of Grifols SA's Net Income 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 Net Income of Grifols SA ADR 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 Net Income i.e., Grifols SA's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

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

Operating Income

Operating Income is the amount of profit realized from Grifols SA ADR 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 Grifols SA ADR 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 Grifols SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grifols SA ADR 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grifols SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

At this time, Grifols SA's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 16.38 in 2024, whereas Selling General Administrative is likely to drop slightly above 746.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	233.8M	362.6M	516.1M	541.9M
Depreciation And Amortization	360.3M	306.3M	441.9M	464.0M

Interest Expense Depreciation And Amortization

Grifols SA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		1.0	0.83	0.87	0.85	0.99	-0.29	1.0	-0.04	0.85	0.13	0.99	0.38	0.62	0.98	0.83	0.46	0.38	0.98	0.98	0.61	0.99	0.93	0.94	0.64	0.93
Short Long Term Debt Total	1.0		0.85	0.88	0.85	0.98	-0.3	1.0	-0.02	0.85	0.18	0.99	0.4	0.61	0.99	0.81	0.47	0.38	0.98	0.97	0.61	0.99	0.92	0.95	0.65	0.92
Other Current Liab	0.83	0.85		0.67	0.75	0.81	-0.65	0.81	0.23	0.79	0.54	0.81	0.39	0.56	0.88	0.54	0.58	0.21	0.86	0.82	0.51	0.85	0.68	0.83	0.36	0.76
Total Current Liabilities	0.87	0.88	0.67		0.77	0.84	-0.21	0.88	-0.2	0.71	0.09	0.85	0.56	0.48	0.83	0.8	0.37	0.6	0.78	0.79	0.51	0.86	0.85	0.87	0.92	0.73
Total Stockholder Equity	0.85	0.85	0.75	0.77		0.83	-0.36	0.83	0.28	0.97	0.31	0.87	0.52	0.65	0.88	0.62	0.59	0.45	0.8	0.77	0.22	0.82	0.68	0.75	0.58	0.71
Property Plant And Equipment Net	0.99	0.98	0.81	0.84	0.83		-0.28	0.99	-0.08	0.82	0.05	0.99	0.31	0.6	0.96	0.87	0.43	0.34	0.98	0.98	0.64	0.98	0.94	0.93	0.6	0.94
Current Deferred Revenue	-0.29	-0.3	-0.65	-0.21	-0.36	-0.28		-0.25	-0.45	-0.38	-0.56	-0.28	-0.32	-0.04	-0.36	-0.07	-0.44	-0.11	-0.29	-0.25	-0.05	-0.28	-0.12	-0.29	-0.03	-0.15
Net Debt	1.0	1.0	0.81	0.88	0.83	0.99	-0.25		-0.09	0.83	0.08	0.99	0.36	0.6	0.98	0.85	0.42	0.38	0.98	0.97	0.63	0.99	0.94	0.94	0.66	0.93
Retained Earnings	-0.04	-0.02	0.23	-0.2	0.28	-0.08	-0.45	-0.09		0.22	0.67	-0.02	0.3	-0.09	0.11	-0.32	0.57	0.01	-0.05	-0.12	-0.48	-0.08	-0.33	-0.11	-0.33	-0.2
Accounts Payable	0.85	0.85	0.79	0.71	0.97	0.82	-0.38	0.83	0.22		0.32	0.86	0.4	0.75	0.88	0.62	0.54	0.32	0.83	0.8	0.32	0.83	0.7	0.77	0.48	0.75
Cash	0.13	0.18	0.54	0.09	0.31	0.05	-0.56	0.08	0.67	0.32		0.11	0.42	0.21	0.26	-0.27	0.65	0.0	0.16	0.1	-0.16	0.15	-0.1	0.19	-0.09	0.06
Non Current Assets Total	0.99	0.99	0.81	0.85	0.87	0.99	-0.28	0.99	-0.02	0.86	0.11		0.33	0.62	0.98	0.85	0.45	0.33	0.97	0.96	0.56	0.98	0.92	0.9	0.62	0.93
Cash And Short Term Investments	0.38	0.4	0.39	0.56	0.52	0.31	-0.32	0.36	0.3	0.4	0.42	0.33		0.05	0.42	0.06	0.41	0.91	0.24	0.25	-0.14	0.32	0.18	0.5	0.58	0.09
Net Receivables	0.62	0.61	0.56	0.48	0.65	0.6	-0.04	0.6	-0.09	0.75	0.21	0.62	0.05		0.58	0.5	0.32	-0.01	0.66	0.64	0.38	0.65	0.57	0.58	0.26	0.73
Good Will	0.98	0.99	0.88	0.83	0.88	0.96	-0.36	0.98	0.11	0.88	0.26	0.98	0.42	0.58		0.75	0.53	0.36	0.97	0.95	0.53	0.98	0.87	0.92	0.57	0.89
Common Stock Total Equity	0.83	0.81	0.54	0.8	0.62	0.87	-0.07	0.85	-0.32	0.62	-0.27	0.85	0.06	0.5	0.75		0.2	0.21	0.79	0.8	0.65	0.83	0.92	0.72	0.68	0.81
Common Stock Shares Outstanding	0.46	0.47	0.58	0.37	0.59	0.43	-0.44	0.42	0.57	0.54	0.65	0.45	0.41	0.32	0.53	0.2		0.16	0.44	0.41	0.1	0.45	0.29	0.45	0.2	0.37
Short Term Investments	0.38	0.38	0.21	0.6	0.45	0.34	-0.11	0.38	0.01	0.32	0.0	0.33	0.91	-0.01	0.36	0.21	0.16		0.22	0.25	-0.05	0.31	0.27	0.49	0.69	0.1
Non Current Liabilities Total	0.98	0.98	0.86	0.78	0.8	0.98	-0.29	0.98	-0.05	0.83	0.16	0.97	0.24	0.66	0.97	0.79	0.44	0.22		0.99	0.67	0.99	0.92	0.92	0.5	0.97
Inventory	0.98	0.97	0.82	0.79	0.77	0.98	-0.25	0.97	-0.12	0.8	0.1	0.96	0.25	0.64	0.95	0.8	0.41	0.25	0.99		0.72	0.98	0.92	0.94	0.52	0.97
Other Current Assets	0.61	0.61	0.51	0.51	0.22	0.64	-0.05	0.63	-0.48	0.32	-0.16	0.56	-0.14	0.38	0.53	0.65	0.1	-0.05	0.67	0.72		0.66	0.73	0.7	0.32	0.72
Total Liab	0.99	0.99	0.85	0.86	0.82	0.98	-0.28	0.99	-0.08	0.83	0.15	0.98	0.32	0.65	0.98	0.83	0.45	0.31	0.99	0.98	0.66		0.94	0.94	0.61	0.96
Property Plant And Equipment Gross	0.93	0.92	0.68	0.85	0.68	0.94	-0.12	0.94	-0.33	0.7	-0.1	0.92	0.18	0.57	0.87	0.92	0.29	0.27	0.92	0.92	0.73	0.94		0.87	0.67	0.93
Total Current Assets	0.94	0.95	0.83	0.87	0.75	0.93	-0.29	0.94	-0.11	0.77	0.19	0.9	0.5	0.58	0.92	0.72	0.45	0.49	0.92	0.94	0.7	0.94	0.87		0.64	0.87
Short Term Debt	0.64	0.65	0.36	0.92	0.58	0.6	-0.03	0.66	-0.33	0.48	-0.09	0.62	0.58	0.26	0.57	0.68	0.2	0.69	0.5	0.52	0.32	0.61	0.67	0.64		0.47
Intangible Assets	0.93	0.92	0.76	0.73	0.71	0.94	-0.15	0.93	-0.2	0.75	0.06	0.93	0.09	0.73	0.89	0.81	0.37	0.1	0.97	0.97	0.72	0.96	0.93	0.87	0.47

Click cells to compare fundamentals

Grifols SA Account Relationship Matchups

Grifols SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.5B	15.3B	19.2B	21.5B	21.5B	22.5B
Short Long Term Debt Total	7.1B	6.9B	9.3B	9.8B	10.1B	10.6B
Other Current Liab	453.2M	390.0M	407.6M	504.8M	565.4M	593.7M
Total Current Liabilities	1.4B	1.3B	3.5B	2.0B	2.3B	2.4B
Total Stockholder Equity	4.8B	5.1B	6.1B	6.1B	5.8B	3.1B
Property Plant And Equipment Net	2.9B	3.0B	3.3B	4.2B	4.2B	4.4B
Current Deferred Revenue	10.6M	24.0M	43.5M	37.8M	39.2M	32.9M
Net Debt	6.4B	6.3B	8.7B	9.2B	9.6B	10.1B
Retained Earnings	488.3M	618.5M	182.8M	208.3M	59.3M	56.3M
Accounts Payable	581.9M	601.6M	629.0M	731.9M	813.1M	407.9M
Cash	742.0M	579.6M	655.5M	548.0M	529.6M	588.5M
Non Current Assets Total	10.2B	12.1B	13.7B	16.9B	15.0B	15.8B
Cash And Short Term Investments	2.5B	590.5M	2.7B	591.2M	529.6M	812.5M
Net Receivables	470.5M	504.2M	495.5M	754.8M	810.9M	474.0M
Good Will	5.5B	5.3B	6.2B	7.0B	6.8B	7.1B
Common Stock Shares Outstanding	685.1M	684.5M	678.5M	678.4M	679.1M	641.2M
Short Term Investments	1.7B	10.9M	2.0B	43.3M	116.1M	231.0M
Liabilities And Stockholders Equity	15.5B	15.3B	19.2B	21.5B	21.5B	22.5B
Non Current Liabilities Total	7.3B	7.2B	7.6B	11.1B	11.2B	11.7B
Inventory	2.3B	2.0B	2.3B	3.2B	3.5B	3.6B
Other Current Assets	58.1M	51.8M	64.1M	81.8M	1.7B	1.7B
Total Liab	8.7B	8.6B	11.1B	13.1B	13.5B	14.1B
Property Plant And Equipment Gross	2.2B	3.0B	4.9B	6.0B	6.5B	6.8B
Total Current Assets	5.4B	3.2B	5.5B	4.7B	6.5B	6.8B
Accumulated Other Comprehensive Income	3.4B	3.5B	5.0B	5.1B	4.9B	5.2B
Short Term Debt	320.8M	319.6M	2.4B	681.3M	897.9M	942.8M
Intangible Assets	1.4B	1.6B	1.6B	2.9B	2.8B	3.0B
Other Stockholder Equity	(49.6M)	(43.7M)	(164.2M)	(162.2M)	698.7M	733.6M
Other Liab	544.2M	617.5M	682.4M	2.1B	2.4B	2.5B
Other Assets	3.6B	149.9M	882.6M	1.9B	2.2B	2.3B
Long Term Debt	6.1B	5.9B	6.1B	8.2B	8.2B	5.4B
Property Plant Equipment	2.9B	2.3B	3.3B	4.2B	4.8B	5.0B
Non Currrent Assets Other	109.4M	87.1M	2.1M	27.0M	154.4M	162.1M
Net Tangible Assets	(1.8B)	(2.5B)	(1.1B)	(2.2B)	(2.0B)	(2.1B)
Deferred Long Term Liab	331.8M	575.5M	633.2M	1.6B	1.9B	2.0B
Long Term Investments	144.0M	2.1B	2.4B	2.5B	565.1M	858.8M
Short Long Term Debt	276.4M	276.9M	2.3B	578.9M	790.8M	578.3M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Grifols SA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Grifols SA's short interest history, or implied volatility extrapolated from Grifols SA options trading.

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When determining whether Grifols SA ADR is a strong investment it is important to analyze Grifols SA'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 Grifols SA's future performance. For an informed investment choice regarding Grifols Stock, refer to the following important reports:

How To Invest In Grifols

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Is Grifols Stock a good investment?

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What is Grifols SA's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grifols SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Note that the Grifols SA ADR information on this page should be used as a complementary analysis to other Grifols SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Grifols SA's price analysis, check to measure Grifols SA'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 Grifols SA is operating at the current time. Most of Grifols SA's value examination focuses on studying past and present price action to predict the probability of Grifols SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grifols SA's price. Additionally, you may evaluate how the addition of Grifols SA to your portfolios can decrease your overall portfolio volatility.

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Is Grifols SA'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 Grifols SA. If investors know Grifols 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 Grifols SA 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

1.787

Earnings Share

0.1

Revenue Per Share

4.849

Quarterly Revenue Growth

0.033

Return On Assets

0.0214

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

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Grifols SA fundamental ratios Correlations

Grifols SA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grifols SA fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Grifols Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Long Term Debt Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Current Deferred Revenue	- 0.65	Other Current Liab
Cash	- 0.56	Current Deferred Revenue
Other Current Assets	- 0.48	Retained Earnings
Retained Earnings	- 0.45	Current Deferred Revenue
Common Stock Shares Outstanding	- 0.44	Current Deferred Revenue
Accounts Payable	- 0.38	Current Deferred Revenue