Construction Net Interest Income vs Operating Income Analysis

ROAD Stock  USD 56.37  0.93  1.68%   
Construction Partners financial indicator trend analysis is way more than just evaluating Construction Partners prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Construction Partners is a good investment. Please check the relationship between Construction Partners Net Interest Income and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Construction Partners Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Construction Partners' Net Interest Income and Operating Income is -0.67. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Construction Partners, assuming nothing else is changed. The correlation between historical values of Construction Partners' Net Interest 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 Interest Income of Construction Partners 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 Interest Income i.e., Construction Partners' Net Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Operating Income

Operating Income is the amount of profit realized from Construction Partners 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 Construction Partners 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 Construction Partners' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Construction Partners 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.The current year's Enterprise Value is expected to grow to about 2.1 B, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2023 2024 (projected)
Depreciation And Amortization91.0M95.5M
Interest Income1.7M2.4M

Construction Partners fundamental ratios Correlations

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0.980.870.970.960.90.730.980.750.860.830.97-0.220.860.40.710.88-0.220.980.850.780.680.880.870.750.86
0.830.670.760.750.950.730.840.620.560.860.790.390.760.270.570.670.390.720.680.960.430.670.670.990.79
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0.850.990.870.850.750.860.560.850.90.870.86-0.410.960.540.870.99-0.410.870.970.690.730.990.990.620.93
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0.990.880.970.990.940.970.790.970.830.860.87-0.160.890.520.790.88-0.160.990.880.860.660.880.880.830.9
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0.650.730.750.680.590.680.430.630.740.730.710.66-0.270.730.320.480.73-0.270.690.770.590.730.740.450.73
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0.891.00.90.880.820.870.670.890.940.990.940.88-0.250.990.560.871.0-0.250.890.990.780.741.00.720.98
0.860.710.790.80.960.750.990.860.680.620.880.830.310.80.370.670.720.310.770.720.980.450.720.720.82
0.910.970.90.880.890.860.790.90.940.930.990.9-0.11.00.530.850.97-0.10.880.980.880.730.980.980.82
Click cells to compare fundamentals

Construction Partners Account Relationship Matchups

Construction Partners fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets628.1M806.6M1.1B1.2B1.4B745.9M
Short Long Term Debt Total99.7M222.9M389.8M390.7M449.3M471.8M
Other Current Liab22.3M26.5M28.5M31.5M36.3M25.2M
Total Current Liabilities135.8M158.0M226.1M279.2M321.1M175.5M
Total Stockholder Equity385.2M408.9M455.9M516.6M594.1M373.7M
Other Liab17.3M20.8M28.3M38.4M44.1M23.5M
Net Tangible Assets301.6M335.6M319.3M310.4M357.0M278.5M
Property Plant And Equipment Net244.6M411.4M495.4M519.6M597.5M312.9M
Current Deferred Revenue33.7M33.7M52.5M78.9M90.7M95.3M
Net Debt(48.7M)165.6M354.3M342.5M393.9M413.5M
Retained Earnings155.7M175.9M197.3M246.3M283.2M297.4M
Accounts Payable64.7M86.4M130.5M151.4M174.1M90.8M
Cash148.3M57.3M35.5M48.2M43.4M54.8M
Non Current Assets Total296.6M506.6M678.3M746.2M858.2M901.1M
Non Currrent Assets Other1.8M(11.8M)10.7M10.7M12.3M12.9M
Other Assets3.5M2.2M5.5M12.7M14.6M15.3M
Long Term Debt79.1M206.2M363.1M360.7M414.9M435.6M
Cash And Short Term Investments148.3M57.3M35.5M48.2M43.4M54.8M
Net Receivables139.6M181.2M294.5M331M380.7M201.3M
Good Will46.3M85.4M129.5M159.3M183.2M192.3M
Common Stock Shares Outstanding51.6M51.8M52.0M52.3M60.1M55.9M
Long Term Debt Total42.5M79.1M206.2M363.1M417.5M438.4M
Liabilities And Stockholders Equity628.1M806.6M1.1B1.2B1.4B745.9M
Non Current Liabilities Total107.1M239.8M413.5M423.9M487.5M511.9M
Capital Surpluse243.5M245.0M248.6M256.6M295.1M238.9M
Inventory38.6M53.8M74.2M84.0M96.6M101.5M
Other Current Assets1.4M2.4M5.7M5.0M5.8M3.4M
Other Stockholder Equity229.4M233.0M240.9M251.5M226.4M211.8M
Total Liab242.9M397.7M639.6M703.1M808.6M849.0M
Property Plant And Equipment Gross244.6M411.4M495.4M878.0M1.0B1.1B
Total Current Assets331.6M300.0M417.2M473.4M544.4M333.0M
Non Current Liabilities Other14.0M10.9M3.5M2.8M3.3M5.1M
Short Term Debt15.0M11.4M14.7M17.3M19.9M14.5M
Intangible Assets3.2M4.2M16.0M19.5M22.4M23.6M
Property Plant Equipment205.9M237.2M411.4M495.4M569.7M598.2M

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When determining whether Construction Partners is a strong investment it is important to analyze Construction Partners' 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 Construction Partners' future performance. For an informed investment choice regarding Construction Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Construction Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Construction Stock refer to our How to Trade Construction Stock guide.
Note that the Construction Partners information on this page should be used as a complementary analysis to other Construction Partners' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Construction Partners' 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 Construction Partners. If investors know Construction 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 Construction Partners 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
4.196
Earnings Share
1.18
Revenue Per Share
32.096
Quarterly Revenue Growth
0.143
Return On Assets
0.0529
The market value of Construction Partners is measured differently than its book value, which is the value of Construction that is recorded on the company's balance sheet. Investors also form their own opinion of Construction Partners' value that differs from its market value or its book value, called intrinsic value, which is Construction Partners' 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 Construction Partners' market value can be influenced by many factors that don't directly affect Construction Partners' 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 Construction Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Construction Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Construction Partners' 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.