Cooper Interest Expense vs Operating Income Analysis

COO Stock  USD 101.88  0.12  0.12%   
Cooper Companies, financial indicator trend analysis is way more than just evaluating Cooper Companies, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cooper Companies, is a good investment. Please check the relationship between Cooper Companies, Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cooper Companies, Interest Expense account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Cooper Companies,'s Interest Expense and Operating Income is 0.8. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of The Cooper Companies,, assuming nothing else is changed. The correlation between historical values of Cooper Companies,'s Interest Expense 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 Interest Expense of The Cooper Companies, 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 Interest Expense i.e., Cooper Companies,'s Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Cooper Companies, 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 The Cooper Companies, 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 Cooper Companies,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cooper Companies, 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 The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Cooper Companies,'s Selling General Administrative is very stable compared to the past year. As of the 14th of November 2024, Tax Provision is likely to grow to about 112.2 M, while Sales General And Administrative To Revenue is likely to drop 0.31.
 2021 2022 2023 2024 (projected)
Interest Expense57.3M105.3M94.8M99.5M
Depreciation And Amortization378.3M367.7M422.9M444.0M

Cooper Companies, fundamental ratios Correlations

0.940.910.870.990.960.930.990.621.00.930.620.990.880.970.970.960.250.970.930.990.090.930.970.530.54
0.940.920.910.880.91.00.90.590.940.850.590.940.830.980.930.890.240.990.810.940.260.950.930.530.53
0.910.920.870.880.890.920.870.460.90.760.460.930.820.910.930.90.410.930.810.920.220.930.910.670.68
0.870.910.870.820.850.910.830.590.860.780.590.890.930.850.860.810.230.910.710.870.560.910.860.530.53
0.990.880.880.820.950.881.00.60.990.920.60.980.870.930.960.960.250.930.940.980.020.880.950.520.53
0.960.90.890.850.950.90.940.520.950.830.520.970.890.920.990.940.330.930.950.980.110.870.960.610.62
0.931.00.920.910.880.90.890.560.930.840.560.940.820.980.930.890.260.990.810.930.270.950.930.550.55
0.990.90.870.831.00.940.890.660.990.920.660.980.890.940.950.970.190.940.940.980.040.90.950.470.47
0.620.590.460.590.60.520.560.660.610.681.00.620.630.610.540.59-0.330.620.550.630.130.650.58-0.08-0.08
1.00.940.90.860.990.950.930.990.610.930.610.990.880.970.970.960.250.970.920.990.080.920.970.520.53
0.930.850.760.780.920.830.840.920.680.930.680.90.770.910.860.820.090.90.820.890.010.830.920.330.34
0.620.590.460.590.60.520.560.661.00.610.680.620.630.610.540.59-0.330.620.550.630.130.650.58-0.08-0.08
0.990.940.930.890.980.970.940.980.620.990.90.620.920.960.980.960.250.970.941.00.130.940.970.530.54
0.880.830.820.930.870.890.820.890.630.880.770.630.920.810.870.880.150.860.830.90.390.880.850.450.45
0.970.980.910.850.930.920.980.940.610.970.910.610.960.810.950.920.220.990.870.960.090.940.960.490.5
0.970.930.930.860.960.990.930.950.540.970.860.540.980.870.950.930.350.950.930.990.110.890.980.630.64
0.960.890.90.810.960.940.890.970.590.960.820.590.960.880.920.930.250.920.920.960.040.920.90.520.53
0.250.240.410.230.250.330.260.19-0.330.250.09-0.330.250.150.220.350.250.230.190.270.070.180.320.930.93
0.970.990.930.910.930.930.990.940.620.970.90.620.970.860.990.950.920.230.860.960.210.960.960.520.52
0.930.810.810.710.940.950.810.940.550.920.820.550.940.830.870.930.920.190.860.94-0.120.80.90.450.46
0.990.940.920.870.980.980.930.980.630.990.890.631.00.90.960.990.960.270.960.940.110.930.970.560.56
0.090.260.220.560.020.110.270.040.130.080.010.130.130.390.090.110.040.070.21-0.120.110.260.10.20.2
0.930.950.930.910.880.870.950.90.650.920.830.650.940.880.940.890.920.180.960.80.930.260.90.460.47
0.970.930.910.860.950.960.930.950.580.970.920.580.970.850.960.980.90.320.960.90.970.10.90.590.6
0.530.530.670.530.520.610.550.47-0.080.520.33-0.080.530.450.490.630.520.930.520.450.560.20.460.591.0
0.540.530.680.530.530.620.550.47-0.080.530.34-0.080.540.450.50.640.530.930.520.460.560.20.470.61.0
Click cells to compare fundamentals

Cooper Companies, Account Relationship Matchups

Cooper Companies, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B9.6B11.5B11.7B13.4B14.1B
Short Long Term Debt Total2.0B1.7B2.8B2.6B3.0B3.1B
Other Current Liab385.8M468.3M525.2M538.1M618.8M649.8M
Total Current Liabilities1.0B732.1M1.3B969M1.1B1.2B
Total Stockholder Equity3.8B6.9B7.2B7.6B8.7B9.1B
Property Plant And Equipment Net1.5B1.6B1.4B1.9B2.2B2.3B
Net Debt1.9B1.6B2.6B2.4B2.8B3.0B
Retained Earnings3.3B6.2B6.6B6.9B7.9B8.3B
Cash115.9M95.9M138.2M120.8M138.9M145.9M
Non Current Assets Total5.5B8.1B10.0B10.0B11.4B12.0B
Non Currrent Assets Other104.8M127M463.4M395.6M454.9M477.7M
Cash And Short Term Investments115.9M95.9M138.2M120.9M139.0M146.0M
Net Receivables435.4M515.3M557.8M609.7M701.2M736.2M
Common Stock Shares Outstanding200M198.4M199.2M198.8M229.1M240.5M
Liabilities And Stockholders Equity6.7B9.6B11.5B11.7B13.4B14.1B
Non Current Liabilities Total1.9B1.9B3.0B3.1B3.6B3.8B
Inventory570.4M585.6M628.7M735.6M845.9M888.2M
Other Current Assets152.5M268.5M208.9M238.7M274.5M288.2M
Other Stockholder Equity1.0B1.1B1.1B1.1B1.3B694.7M
Total Liab2.9B2.7B4.3B4.1B4.7B5.0B
Property Plant And Equipment Gross1.5B2.7B1.4B3.2B3.7B3.8B
Total Current Assets1.3B1.5B1.5B1.7B2.0B2.1B
Accumulated Other Comprehensive Income(472M)(341.3M)(466.8M)(453.8M)(408.4M)(388.0M)
Short Term Debt442.6M83.4M412.6M45.4M52.2M97.6M
Intangible Assets1.3B1.3B1.9B1.7B2.0B2.1B
Accounts Payable176M161.4M248.8M261.9M301.2M316.2M
Other Liab271.1M304.3M686.6M615.1M707.4M742.7M
Other Assets184.9M2.7B3.0B3.0B3.4B3.6B
Long Term Debt1.4B1.4B2.4B2.5B2.9B3.0B
Good Will2.4B2.6B3.6B3.6B4.2B4.4B
Property Plant Equipment1.3B1.6B1.4B1.6B1.9B2.0B
Current Deferred Revenue(176M)(161.4M)93.6M123.6M111.2M116.8M
Net Tangible Assets88.3M3.1B1.7B2.2B2.5B2.7B
Retained Earnings Total Equity3.0B3.3B6.2B6.6B7.6B8.0B

Pair Trading with Cooper Companies,

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cooper Companies, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cooper Companies, will appreciate offsetting losses from the drop in the long position's value.

Moving against Cooper Stock

  0.62GH Guardant Health Buyout TrendPairCorr
  0.6MASS 908 DevicesPairCorr
  0.55DXCM DexCom IncPairCorr
  0.55MBOT Microbot MedicalPairCorr
  0.5AGL agilon healthPairCorr
The ability to find closely correlated positions to Cooper Companies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cooper Companies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cooper Companies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Cooper Companies, to buy it.
The correlation of Cooper Companies, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cooper Companies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cooper Companies, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cooper Companies, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cooper Companies, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cooper Companies,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Cooper Companies, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Cooper Companies, Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Cooper Companies,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Equipment & Supplies space 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 Cooper Companies,. If investors know Cooper 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 Cooper Companies, 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
0.209
Earnings Share
1.8
Revenue Per Share
19.14
Quarterly Revenue Growth
0.078
Return On Assets
0.0339
The market value of Cooper Companies, is measured differently than its book value, which is the value of Cooper that is recorded on the company's balance sheet. Investors also form their own opinion of Cooper Companies,'s value that differs from its market value or its book value, called intrinsic value, which is Cooper Companies,'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 Cooper Companies,'s market value can be influenced by many factors that don't directly affect Cooper Companies,'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 Cooper Companies,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Cooper Companies, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cooper Companies,'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.