CSX Non Operating Income Net Other vs Net Income Analysis
CSX Stock | USD 33.07 0.45 1.34% |
CSX financial indicator trend analysis is way more than just evaluating CSX Corporation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSX Corporation is a good investment. Please check the relationship between CSX Non Operating Income Net Other and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Non Operating Income Net Other vs Net Income
Non Operating Income Net Other vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CSX Corporation Non Operating Income Net Other account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CSX's Non Operating Income Net Other and Net Income is 0.5. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Net Income in the same time period over historical financial statements of CSX Corporation, assuming nothing else is changed. The correlation between historical values of CSX's Non Operating Income Net Other 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 Non Operating Income Net Other of CSX Corporation 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 Non Operating Income Net Other i.e., CSX's Non Operating Income Net Other and Net Income go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Operating Income Net Other
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in CSX Corporation financial statement analysis. It represents the amount of money remaining after all of CSX Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from CSX's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSX Corporation 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 CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, CSX's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 12.79 in 2024, despite the fact that Selling General Administrative is likely to grow to (27.6 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.1B | 5.8B | 5.7B | 4.4B | Total Revenue | 12.5B | 14.9B | 14.7B | 11.1B |
CSX fundamental ratios Correlations
Click cells to compare fundamentals
CSX Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSX fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 38.3B | 39.8B | 40.5B | 41.9B | 43.0B | 27.0B | |
Short Long Term Debt Total | 16.2B | 16.7B | 16.4B | 18.0B | 19.1B | 20.0B | |
Other Current Liab | 1.9B | 1.6B | 2.1B | (6.4B) | 836M | 739.6M | |
Total Current Liabilities | 2.2B | 2.0B | 2.2B | 2.5B | 3.2B | 2.0B | |
Total Stockholder Equity | 11.9B | 13.1B | 13.5B | 12.6B | 12.1B | 8.5B | |
Property Plant And Equipment Net | 32.2B | 32.4B | 33.0B | 34.2B | 35.4B | 21.6B | |
Net Debt | 15.3B | 13.6B | 14.1B | 16.1B | 17.7B | 18.6B | |
Retained Earnings | 11.4B | 12.5B | 11.6B | 10.4B | 9.8B | 7.2B | |
Cash | 958M | 3.1B | 2.2B | 2.0B | 1.4B | 782.4M | |
Non Current Assets Total | 35.0B | 35.4B | 36.7B | 38.1B | 39.6B | 24.3B | |
Non Currrent Assets Other | 932M | 923M | 1.5B | (6.5B) | 523M | 549.2M | |
Cash And Short Term Investments | 2.0B | 3.1B | 2.3B | 2.1B | 1.4B | 1.0B | |
Net Receivables | 986M | 912M | 1.1B | 1.3B | 1.4B | 1.1B | |
Common Stock Shares Outstanding | 2.4B | 2.3B | 2.3B | 2.1B | 2.0B | 2.9B | |
Liabilities And Stockholders Equity | 38.3B | 39.8B | 40.5B | 41.9B | 43.0B | 27.0B | |
Non Current Liabilities Total | 24.2B | 24.7B | 24.8B | 26.8B | 27.6B | 15.8B | |
Inventory | 261M | 302M | 339M | 341M | 446M | 287.0M | |
Other Current Assets | 1.3B | 1.3B | 1.6B | 1.8B | 109M | 103.6M | |
Other Stockholder Equity | 361M | 418M | 76M | 584M | 696M | 661.2M | |
Total Liab | 26.4B | 26.7B | 27.0B | 29.3B | 30.8B | 18.5B | |
Property Plant And Equipment Gross | 32.7B | 32.9B | 33.0B | 34.2B | 50.8B | 53.4B | |
Total Current Assets | 3.3B | 4.4B | 3.9B | 3.8B | 3.4B | 2.7B | |
Accumulated Other Comprehensive Income | (675M) | (598M) | (408M) | (388M) | 379M | 398.0M | |
Short Term Debt | 245M | 401M | 181M | 151M | 626M | 381.5M | |
Accounts Payable | 1.0B | 809M | 963M | 1.1B | 1.2B | 931.9M | |
Current Deferred Revenue | (1.0B) | (809M) | (963M) | 7.6B | 525M | 551.3M | |
Common Stock Total Equity | 773M | 763M | 2.2B | 2.1B | 2.4B | 2.5B | |
Short Term Investments | 996M | 2M | 77M | 129M | 83M | 78.9M | |
Common Stock | 773M | 763M | 2.2B | 2.1B | 2.0B | 2.1B | |
Other Liab | 7.8B | 8.4B | 8.6B | 8.3B | 9.6B | 10.0B | |
Other Assets | 312M | 35.4B | 1.5B | 328M | 377.2M | 358.3M | |
Long Term Debt | 16.0B | 16.3B | 16.2B | 17.9B | 18.0B | 11.0B | |
Property Plant Equipment | 32.2B | 32.4B | 33.0B | 34.2B | 39.4B | 27.2B | |
Net Tangible Assets | 11.8B | 13.1B | 13.5B | 12.1B | 13.9B | 12.4B | |
Retained Earnings Total Equity | 11.4B | 12.5B | 11.6B | 10.4B | 11.9B | 11.8B | |
Long Term Debt Total | 16.0B | 16.3B | 16.2B | 17.9B | 20.6B | 13.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether CSX Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CSX'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 Csx Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Csx Corporation Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CSX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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When running CSX's price analysis, check to measure CSX's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CSX is operating at the current time. Most of CSX's value examination focuses on studying past and present price action to predict the probability of CSX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSX's price. Additionally, you may evaluate how the addition of CSX to your portfolios can decrease your overall portfolio volatility.
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Is CSX's 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 CSX. If investors know CSX 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 CSX 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 (0.05) | Dividend Share 0.45 | Earnings Share 1.83 | Revenue Per Share 7.375 | Quarterly Revenue Growth (0.01) |
The market value of CSX Corporation is measured differently than its book value, which is the value of CSX that is recorded on the company's balance sheet. Investors also form their own opinion of CSX's value that differs from its market value or its book value, called intrinsic value, which is CSX'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 CSX's market value can be influenced by many factors that don't directly affect CSX'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 CSX's value and its price as these two are different measures arrived at by different means. Investors typically determine if CSX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CSX'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.