AXISCADES Other Operating Expenses vs Net Income Analysis

AXISCADES   1,216  22.40  1.88%   
AXISCADES Technologies financial indicator trend analysis is way more than just evaluating AXISCADES Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXISCADES Technologies is a good investment. Please check the relationship between AXISCADES Technologies Other Operating Expenses and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXISCADES Technologies 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 banks.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXISCADES Technologies Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AXISCADES Technologies' Other Operating Expenses and Net Income is 0.58. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of AXISCADES Technologies Limited, assuming nothing else is changed. The correlation between historical values of AXISCADES Technologies' Other Operating Expenses 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 Other Operating Expenses of AXISCADES Technologies Limited 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 Other Operating Expenses i.e., AXISCADES Technologies' Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AXISCADES Technologies. It is also known as AXISCADES Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in AXISCADES Technologies financial statement analysis. It represents the amount of money remaining after all of AXISCADES Technologies Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from AXISCADES Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXISCADES Technologies 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 AXISCADES Technologies 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 banks.
At present, AXISCADES Technologies' Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense358.1M563.7M323.0M339.1M
Depreciation And Amortization265.7M337.9M396.0M415.8M

AXISCADES Technologies fundamental ratios Correlations

0.890.630.810.940.990.850.870.610.980.890.880.870.860.870.890.910.810.720.860.980.790.860.50.450.21
0.890.290.640.840.850.980.780.60.810.910.820.730.720.890.920.890.70.650.760.920.90.720.360.250.04
0.630.290.890.420.670.250.720.410.720.290.650.750.670.260.410.480.740.150.780.530.420.670.470.570.38
0.810.640.890.590.840.590.920.650.850.540.890.880.850.470.670.710.910.230.970.740.770.850.550.510.31
0.940.840.420.590.920.80.720.570.870.940.750.710.770.920.80.880.620.890.660.960.660.760.350.280.2
0.990.850.670.840.920.810.870.630.980.870.860.870.870.840.870.90.810.680.880.960.770.870.520.460.27
0.850.980.250.590.80.810.720.450.790.870.770.730.640.890.940.860.660.650.740.870.870.640.340.31-0.04
0.870.780.720.920.720.870.720.740.840.730.920.80.870.660.740.870.870.390.930.860.830.850.490.390.45
0.610.60.410.650.570.630.450.740.550.620.710.440.780.430.410.590.590.260.620.640.680.790.370.010.38
0.980.810.720.850.870.980.790.840.550.790.860.930.870.780.890.830.860.630.90.920.750.880.610.580.14
0.890.910.290.540.940.870.870.730.620.790.710.60.680.970.810.910.550.850.630.940.720.690.250.140.25
0.880.820.650.890.750.860.770.920.710.860.710.890.920.640.80.80.910.430.940.860.890.910.530.450.18
0.870.730.750.880.710.870.730.80.440.930.60.890.840.610.860.710.930.420.940.790.740.850.660.660.0
0.860.720.670.850.770.870.640.870.780.870.680.920.840.60.740.710.870.430.880.820.730.970.670.460.24
0.870.890.260.470.920.840.890.660.430.780.970.640.610.60.840.890.50.880.590.910.660.610.240.20.18
0.890.920.410.670.80.870.940.740.410.890.810.80.860.740.840.810.780.610.820.860.790.750.570.54-0.06
0.910.890.480.710.880.90.860.870.590.830.910.80.710.710.890.810.70.70.760.950.780.730.280.220.39
0.810.70.740.910.620.810.660.870.590.860.550.910.930.870.50.780.70.250.940.740.750.880.730.570.1
0.720.650.150.230.890.680.650.390.260.630.850.430.420.430.880.610.70.250.310.770.370.430.050.110.1
0.860.760.780.970.660.880.740.930.620.90.630.940.940.880.590.820.760.940.310.80.850.890.610.570.19
0.980.920.530.740.960.960.870.860.640.920.940.860.790.820.910.860.950.740.770.80.80.810.380.320.26
0.790.90.420.770.660.770.870.830.680.750.720.890.740.730.660.790.780.750.370.850.80.730.350.30.04
0.860.720.670.850.760.870.640.850.790.880.690.910.850.970.610.750.730.880.430.890.810.730.70.460.23
0.50.360.470.550.350.520.340.490.370.610.250.530.660.670.240.570.280.730.050.610.380.350.70.71-0.12
0.450.250.570.510.280.460.310.390.010.580.140.450.660.460.20.540.220.570.110.570.320.30.460.71-0.16
0.210.040.380.310.20.27-0.040.450.380.140.250.180.00.240.18-0.060.390.10.10.190.260.040.23-0.12-0.16
Click cells to compare fundamentals

AXISCADES Technologies Account Relationship Matchups

AXISCADES Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.4B7.9B9.0B11.4B11.3B11.8B
Short Long Term Debt Total1.0B720.6M3.5B3.2B2.6B2.7B
Other Current Liab1.8B2.4B720.8M805.4M1.2B752.5M
Total Current Liabilities3.4B4.4B3.6B3.4B2.9B1.8B
Total Stockholder Equity3.0B3.3B3.4B5.9B6.5B6.8B
Property Plant And Equipment Net1.7B1.6B1.7B2.2B2.2B2.3B
Net Debt553.8M113.6M2.7B2.6B2.1B2.2B
Accounts Payable506.2M695.3M750.9M637.3M582.1M410.6M
Cash487.2M606.9M750.7M556.1M523.5M309.5M
Non Current Assets Total3.8B3.6B3.7B4.8B4.8B5.1B
Cash And Short Term Investments899.0M775.1M1.9B1.7B2.2B2.3B
Net Receivables2.0B2.4B2.9B3.4B3.0B1.6B
Good Will1.0B1.1B1.1B1.6B1.5B1.0B
Short Term Investments411.8M168.2M1.1B1.2B1.7B1.7B
Liabilities And Stockholders Equity7.4B7.9B9.0B11.4B11.3B11.8B
Non Current Liabilities Total987.0M221.1M2.0B2.0B1.8B1.9B
Inventory233.0M515.8M658.5M693.3M608.7M639.1M
Other Current Assets470.6M773.4M819.5M819.2M625.1M416.5M
Total Liab4.4B4.6B5.6B5.5B4.7B2.6B
Total Current Assets3.6B4.3B5.4B6.6B6.4B6.8B
Accumulated Other Comprehensive Income649.2M756.7M853.4M908.4M1.0B1.1B
Short Term Debt623.3M605.0M1.5B1.5B985.1M644.7M
Non Currrent Assets Other263.8M237.3M308.3M255.8M218.7M219.5M
Intangible Assets352.5M289.8M262.0M306.3M324.3M312.5M
Current Deferred Revenue1.8B2.4B645.8M428.7M493.0M307.5M
Retained Earnings1.1B1.3B1.3B1.6B1.8B1.1B
Other Liab1.1B733.4M569.3M105.6M121.4M115.3M
Net Tangible Assets720.0M1.1B1.6B1.9B2.2B1.4B
Other Assets830.5M713.6M209.8M371.5M427.3M588.0M
Long Term Debt208.3M4.5M1.7B1.1B1.1B580.6M
Short Long Term Debt306.1M483.6M1.4B1.3B801.0M756.4M
Property Plant Equipment1.5B1.5B1.7B2.2B2.5B1.3B
Long Term Debt Total417.7M4.5M1.9B1.7B2.0B2.1B
Net Invested Capital3.5B3.8B6.5B8.2B8.4B6.0B

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Other Information on Investing in AXISCADES Stock

Balance Sheet is a snapshot of the financial position of AXISCADES Technologies at a specified time, usually calculated after every quarter, six months, or one year. AXISCADES Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AXISCADES Technologies 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 AXISCADES currently owns. An asset can also be divided into two categories, current and non-current.