AARTISURF | | | 645.25 3.80 0.59% |
Aarti Surfactants financial indicator trend analysis is way more than just evaluating Aarti Surfactants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aarti Surfactants is a good investment. Please check the relationship between Aarti Surfactants Depreciation And Amortization and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Aarti Surfactants 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 gross domestic product.
Depreciation And Amortization vs Selling General Administrative
Depreciation And Amortization vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Aarti Surfactants Depreciation And Amortization account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Aarti Surfactants' Depreciation And Amortization and Selling General Administrative is 0.96. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Aarti Surfactants Limited, assuming nothing else is changed. The correlation between historical values of Aarti Surfactants' Depreciation And Amortization and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Aarti Surfactants Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Aarti Surfactants' Depreciation And Amortization and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling General Administrative
Most indicators from Aarti Surfactants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aarti Surfactants 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 Aarti Surfactants 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 gross domestic product.
Tax Provision is likely to gain to about 114
M in 2024, whereas Selling General Administrative is likely to drop slightly above 18.7
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 103.2M | 147.9M | 140.3M | 111.9M | Depreciation And Amortization | 124.5M | 154.9M | 160.4M | 138.5M |
Aarti Surfactants fundamental ratios Correlations
Click cells to compare fundamentals
Aarti Surfactants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aarti Surfactants fundamental ratios Accounts
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measure Aarti Surfactants' 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 Aarti Surfactants is operating at the current time. Most of Aarti Surfactants' value examination focuses on studying past and present price action to
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