Aarti Other Operating Expenses vs Net Income From Continuing Ops Analysis

AARTISURF   638.70  10.35  1.59%   
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 Other Operating Expenses and its Net Income From Continuing Ops 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.

Other Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarti Surfactants Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aarti Surfactants' Other Operating Expenses and Net Income From Continuing Ops is 0.83. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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' Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Aarti Surfactants Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Aarti Surfactants' Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aarti Surfactants. It is also known as Aarti Surfactants overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

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 Expense103.2M147.9M140.3M111.9M
Depreciation And Amortization124.5M154.9M160.4M138.5M

Aarti Surfactants fundamental ratios Correlations

0.810.610.930.70.930.470.970.790.760.950.910.870.990.990.00.850.660.980.60.90.950.78-0.060.930.98
0.810.570.930.250.650.110.830.690.990.620.770.720.840.840.170.930.740.760.190.880.60.9-0.270.920.81
0.610.570.590.070.6-0.230.780.890.570.520.50.370.660.680.440.760.170.440.30.850.590.71-0.640.760.47
0.930.930.590.440.750.310.910.740.90.780.940.830.940.950.220.950.650.880.390.930.780.93-0.240.970.9
0.70.250.070.440.780.810.560.320.170.860.550.670.650.61-0.560.230.490.790.760.330.820.130.560.380.76
0.930.650.60.750.780.470.90.750.590.950.750.780.90.88-0.150.70.630.920.560.790.940.590.00.790.92
0.470.11-0.230.310.810.470.24-0.130.060.540.520.340.440.35-0.540.110.160.590.550.090.50.080.620.180.58
0.970.830.780.910.560.90.240.910.790.90.840.830.970.980.120.890.640.90.560.960.920.82-0.230.960.91
0.790.690.890.740.320.75-0.130.910.650.740.620.720.790.850.330.790.530.670.430.90.790.71-0.460.850.67
0.760.990.570.90.170.590.060.790.650.550.730.630.80.790.190.920.690.690.130.860.530.91-0.30.890.75
0.950.620.520.780.860.950.540.90.740.550.790.870.920.92-0.20.650.650.950.750.760.990.550.140.780.94
0.910.770.50.940.550.750.520.840.620.730.790.780.910.910.220.870.470.90.440.840.80.86-0.180.90.88
0.870.720.370.830.670.780.340.830.720.630.870.780.820.880.020.670.830.90.490.730.850.590.010.780.86
0.990.840.660.940.650.90.440.970.790.80.920.910.820.980.010.880.620.950.610.920.920.82-0.090.940.97
0.990.840.680.950.610.880.350.980.850.790.920.910.880.980.10.890.660.940.580.940.930.83-0.160.960.94
0.00.170.440.22-0.56-0.15-0.540.120.330.19-0.20.220.020.010.10.39-0.24-0.12-0.430.34-0.090.47-0.930.29-0.17
0.850.930.760.950.230.70.110.890.790.920.650.870.670.880.890.390.510.760.230.970.680.99-0.490.980.78
0.660.740.170.650.490.630.160.640.530.690.650.470.830.620.66-0.240.510.710.230.540.580.420.170.60.72
0.980.760.440.880.790.920.590.90.670.690.950.90.90.950.94-0.120.760.710.580.80.930.680.080.850.99
0.60.190.30.390.760.560.550.560.430.130.750.440.490.610.58-0.430.230.230.580.360.730.170.450.380.6
0.90.880.850.930.330.790.090.960.90.860.760.840.730.920.940.340.970.540.80.360.790.93-0.460.990.82
0.950.60.590.780.820.940.50.920.790.530.990.80.850.920.93-0.090.680.580.930.730.790.580.040.80.91
0.780.90.710.930.130.590.080.820.710.910.550.860.590.820.830.470.990.420.680.170.930.58-0.520.950.71
-0.06-0.27-0.64-0.240.560.00.62-0.23-0.46-0.30.14-0.180.01-0.09-0.16-0.93-0.490.170.080.45-0.460.04-0.52-0.370.1
0.930.920.760.970.380.790.180.960.850.890.780.90.780.940.960.290.980.60.850.380.990.80.95-0.370.87
0.980.810.470.90.760.920.580.910.670.750.940.880.860.970.94-0.170.780.720.990.60.820.910.710.10.87
Click cells to compare fundamentals

Aarti Surfactants Account Relationship Matchups

Aarti Surfactants fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.8B4.0B4.0B4.2B3.9B
Short Long Term Debt Total902.7M1.3B1.4B1.5B992.1M1.3B
Other Current Liab144.2M98.6M201.3M53.9M84.3M109.6M
Total Current Liabilities949.4M1.5B1.5B1.5B1.3B1.4B
Total Stockholder Equity1.1B1.3B1.4B1.7B2.2B1.7B
Property Plant And Equipment Net1.6B2.1B2.2B2.2B2.2B2.1B
Current Deferred Revenue155.2M124.7M172.0M52.6M31.2M32.7M
Net Debt901.6M1.3B1.4B1.4B928.9M1.3B
Accounts Payable192.4M781.1M701.7M570.1M673.0M605.5M
Cash1.0M67.3M13.8M76.9M63.1M40.8M
Non Current Assets Total1.7B2.1B2.3B2.2B2.2B2.2B
Non Currrent Assets Other(1.7B)46.6M1K1.8M66.7M70.1M
Other Assets26.3M46.5M26.8M1.00.90.86
Long Term Debt300.9M886.9M1.1B733.4M479.3M688.3M
Cash And Short Term Investments1.0M67.3M13.8M273.1M63.1M76.7M
Net Receivables179.2M544.3M544.7M653.6M701.1M536.9M
Liabilities And Stockholders Equity2.6B3.8B4.0B4.0B4.2B3.9B
Non Current Liabilities Total564.0M976.1M1.2B879.3M749.9M864.7M
Inventory564.9M731.9M748.2M773.3M992.1M795.2M
Other Current Assets198.5M410.3M442.8M319.7M238.7M335.0M
Other Stockholder Equity(1.1B)(1.3B)(1.4B)194.5M480.3M504.3M
Total Liab1.5B2.5B2.7B2.3B2.0B2.3B
Net Invested Capital2.0B2.8B3.0B3.2B3.2B3.0B
Short Long Term Debt601.8M570.5M561.5M757.9M492.9M486.8M
Total Current Assets943.6M1.7B1.7B1.8B2.0B1.7B
Net Working Capital(5.8M)191.2M259.5M383.8M702.8M738.0M
Short Term Debt590.8M667.7M535.5M757.9M496.1M495.3M

Also Currently Popular

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.

Additional Tools for Aarti Stock Analysis

When running Aarti Surfactants' price analysis, check to 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 predict the probability of Aarti Surfactants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarti Surfactants' price. Additionally, you may evaluate how the addition of Aarti Surfactants to your portfolios can decrease your overall portfolio volatility.