AXISCADES Reconciled Depreciation vs Operating Income Analysis

AXISCADES   1,193  15.10  1.28%   
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 Reconciled Depreciation and its Operating 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.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXISCADES Technologies Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between AXISCADES Technologies' Reconciled Depreciation and Operating Income is 0.82. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating 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' Reconciled Depreciation 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 Reconciled Depreciation of AXISCADES Technologies Limited 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 Reconciled Depreciation i.e., AXISCADES Technologies' Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from AXISCADES Technologies 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 AXISCADES Technologies Limited 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 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.