Rhi Magnesita India Stock Net Income

RHIM Stock   513.60  19.60  3.68%   
RHI MAGNESITA INDIA fundamentals help investors to digest information that contributes to RHI MAGNESITA's financial success or failures. It also enables traders to predict the movement of RHI Stock. The fundamental analysis module provides a way to measure RHI MAGNESITA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RHI MAGNESITA stock.
Last ReportedProjected for Next Year
Net Loss-1 B-954.2 M
Net Loss-1 B-951 M
Net Loss-4.2 B-4 B
Net Loss is likely to gain to about (954.2 M) in 2024. Net Loss is likely to gain to about (951 M) in 2024.
  
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RHI MAGNESITA INDIA Company Net Income Analysis

RHI MAGNESITA's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current RHI MAGNESITA Net Income

    
  (1 B)  
Most of RHI MAGNESITA's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RHI MAGNESITA INDIA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

RHI Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

849.03 Million

At this time, RHI MAGNESITA's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, RHI MAGNESITA INDIA reported net income of (1 Billion). This is 487.16% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The net income for all India stocks is significantly higher than that of the company.

RHI Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RHI MAGNESITA's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RHI MAGNESITA could also be used in its relative valuation, which is a method of valuing RHI MAGNESITA by comparing valuation metrics of similar companies.
RHI MAGNESITA is currently under evaluation in net income category among its peers.

RHI Fundamentals

About RHI MAGNESITA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze RHI MAGNESITA INDIA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RHI MAGNESITA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RHI MAGNESITA INDIA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for RHI Stock Analysis

When running RHI MAGNESITA's price analysis, check to measure RHI MAGNESITA'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 RHI MAGNESITA is operating at the current time. Most of RHI MAGNESITA's value examination focuses on studying past and present price action to predict the probability of RHI MAGNESITA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RHI MAGNESITA's price. Additionally, you may evaluate how the addition of RHI MAGNESITA to your portfolios can decrease your overall portfolio volatility.