Iteris Operating Income vs Minority Interest Analysis
ITI Stock | USD 4.48 0.01 0.22% |
Iteris financial indicator trend analysis is infinitely more than just investigating Iteris Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iteris Inc is a good investment. Please check the relationship between Iteris Operating Income and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iteris Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Iteris Inc Operating Income account and Minority Interest. At this time, the significance of the direction appears to have weak relationship.
The correlation between Iteris' Operating Income and Minority Interest is 0.35. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Iteris Inc, assuming nothing else is changed. The correlation between historical values of Iteris' Operating Income and Minority Interest 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 Iteris Inc are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Iteris' Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Iteris Inc 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 Iteris Inc 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.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Iteris Inc whose combined shares represent less than 50% of the total outstanding shares issued by Iteris have a minority interest in Iteris.Most indicators from Iteris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iteris Inc 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 Iteris Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. The Iteris' current Enterprise Value is estimated to increase to about 179.3 M, while Selling General Administrative is projected to decrease to under 19.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 47.4M | 42.0M | 48.3M | 31.8M | Total Revenue | 133.6M | 156.1M | 179.5M | 188.4M |
Iteris fundamental ratios Correlations
Click cells to compare fundamentals
Iteris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Iteris fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 102.0M | 126.9M | 126.4M | 111.8M | 128.6M | 74.2M | |
Other Current Liab | 12.2M | 94K | 17.2M | 16.0M | 14.4M | 15.2M | |
Total Current Liabilities | 26.5M | 33.0M | 35.7M | 38.0M | 43.7M | 45.9M | |
Total Stockholder Equity | 63.1M | 79.0M | 76.9M | 62.9M | 72.3M | 38.6M | |
Property Plant And Equipment Net | 15.0M | 13.3M | 12.8M | 9.6M | 8.7M | 9.2M | |
Net Debt | (2.2M) | (15.1M) | (12.9M) | (8.9M) | (8.1M) | (7.6M) | |
Retained Earnings | (117.2M) | (107.0M) | (114.1M) | (130.6M) | (117.5M) | (111.6M) | |
Cash | 14.2M | 25.2M | 23.7M | 16.6M | 19.1M | 20.0M | |
Non Current Assets Total | 42.9M | 57.2M | 54.0M | 48.9M | 56.3M | 32.1M | |
Non Currrent Assets Other | 1.2M | 1.3M | 1.1M | 768K | 691.2K | 1.1M | |
Cash And Short Term Investments | 25.8M | 28.3M | 23.7M | 16.6M | 19.1M | 20.0M | |
Net Receivables | 27.9M | 30.6M | 36.5M | 32.2M | 37.0M | 20.3M | |
Common Stock Shares Outstanding | 39.0M | 41.6M | 42.2M | 42.4M | 48.7M | 51.2M | |
Liabilities And Stockholders Equity | 102.0M | 126.9M | 126.4M | 111.8M | 128.6M | 74.2M | |
Non Current Liabilities Total | 12.3M | 14.9M | 13.8M | 10.8M | 9.8M | 9.8M | |
Inventory | 3.0M | 5.1M | 8.0M | 10.8M | 9.8M | 7.2M | |
Other Current Assets | 2.3M | 5.7M | 4.2M | 3.3M | 3.8M | 2.7M | |
Other Stockholder Equity | 176.2M | 181.8M | 186.7M | 189.2M | 217.6M | 228.4M | |
Total Liab | 38.8M | 47.9M | 49.5M | 48.9M | 44.0M | 24.9M | |
Property Plant And Equipment Gross | 15.0M | 13.3M | 12.8M | 15.5M | 14.0M | 9.4M | |
Total Current Assets | 59.0M | 69.6M | 72.4M | 62.9M | 72.3M | 42.1M | |
Accounts Payable | 8.4M | 8.9M | 11.9M | 12.9M | 14.9M | 9.9M | |
Intangible Assets | 6.1M | 14.3M | 11.8M | 10.2M | 9.2M | 5.0M | |
Other Liab | 670K | 320K | 4.7M | 3.1M | 2.8M | 1.7M | |
Other Assets | 849K | 1.2M | 1.3M | 1.1M | 1.0M | 962.7K | |
Common Stock Total Equity | 3.3M | 4.1M | 4.2M | 4.2M | 4.9M | 3.2M | |
Common Stock | 4.1M | 4.2M | 4.2M | 4.3M | 4.9M | 3.3M | |
Property Plant Equipment | 2.0M | 1.9M | 1.9M | 12.8M | 11.5M | 12.1M | |
Current Deferred Revenue | 6.0M | 7.3M | 6.6M | 6.7M | 7.7M | 4.0M | |
Net Tangible Assets | 36.4M | 36.3M | 36.7M | 25.2M | 22.6M | 24.5M | |
Retained Earnings Total Equity | (111.5M) | (117.2M) | (107.0M) | (114.1M) | (102.7M) | (107.8M) | |
Capital Surpluse | 142.3M | 176.2M | 181.8M | 186.7M | 214.7M | 165.9M | |
Deferred Long Term Liab | 520K | 190K | 808K | 337K | 303.3K | 522.7K | |
Non Current Liabilities Other | 12.1M | 14.3M | 13.5M | 2.8M | 3.2M | 4.5M |
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Is Iteris' 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 Iteris. If investors know Iteris 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 Iteris 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 (0.96) | Earnings Share 0.06 | Revenue Per Share 4.019 | Quarterly Revenue Growth 0.035 | Return On Assets 0.0129 |
The market value of Iteris Inc is measured differently than its book value, which is the value of Iteris that is recorded on the company's balance sheet. Investors also form their own opinion of Iteris' value that differs from its market value or its book value, called intrinsic value, which is Iteris' 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 Iteris' market value can be influenced by many factors that don't directly affect Iteris' 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 Iteris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iteris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iteris' 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.