Aarti Tax Provision vs Net Income Analysis

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 Tax Provision and its Net Income 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.

Tax Provision vs Net Income

Tax Provision vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarti Surfactants Tax Provision account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Aarti Surfactants' Tax Provision and Net Income is 0.81. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Net Income 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' Tax Provision 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 Tax Provision of Aarti Surfactants Limited 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 Tax Provision i.e., Aarti Surfactants' Tax Provision and Net Income go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Aarti Surfactants financial statement analysis. It represents the amount of money remaining after all of Aarti Surfactants Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

Interest Expense Depreciation And Amortization

Aarti Surfactants fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.81	0.61	0.93	0.7	0.93	0.47	0.97	0.79	0.76	0.95	0.91	0.87	0.99	0.99	0.0	0.85	0.66	0.98	0.6	0.9	0.95	0.78	-0.06	0.93	0.98
Short Long Term Debt Total	0.81		0.57	0.93	0.25	0.65	0.11	0.83	0.69	0.99	0.62	0.77	0.72	0.84	0.84	0.17	0.93	0.74	0.76	0.19	0.88	0.6	0.9	-0.27	0.92	0.81
Other Current Liab	0.61	0.57		0.59	0.07	0.6	-0.23	0.78	0.89	0.57	0.52	0.5	0.37	0.66	0.68	0.44	0.76	0.17	0.44	0.3	0.85	0.59	0.71	-0.64	0.76	0.47
Total Current Liabilities	0.93	0.93	0.59		0.44	0.75	0.31	0.91	0.74	0.9	0.78	0.94	0.83	0.94	0.95	0.22	0.95	0.65	0.88	0.39	0.93	0.78	0.93	-0.24	0.97	0.9
Total Stockholder Equity	0.7	0.25	0.07	0.44		0.78	0.81	0.56	0.32	0.17	0.86	0.55	0.67	0.65	0.61	-0.56	0.23	0.49	0.79	0.76	0.33	0.82	0.13	0.56	0.38	0.76
Other Liab	0.93	0.65	0.6	0.75	0.78		0.47	0.9	0.75	0.59	0.95	0.75	0.78	0.9	0.88	-0.15	0.7	0.63	0.92	0.56	0.79	0.94	0.59	0.0	0.79	0.92
Net Tangible Assets	0.47	0.11	-0.23	0.31	0.81	0.47		0.24	-0.13	0.06	0.54	0.52	0.34	0.44	0.35	-0.54	0.11	0.16	0.59	0.55	0.09	0.5	0.08	0.62	0.18	0.58
Property Plant And Equipment Net	0.97	0.83	0.78	0.91	0.56	0.9	0.24		0.91	0.79	0.9	0.84	0.83	0.97	0.98	0.12	0.89	0.64	0.9	0.56	0.96	0.92	0.82	-0.23	0.96	0.91
Current Deferred Revenue	0.79	0.69	0.89	0.74	0.32	0.75	-0.13	0.91		0.65	0.74	0.62	0.72	0.79	0.85	0.33	0.79	0.53	0.67	0.43	0.9	0.79	0.71	-0.46	0.85	0.67
Net Debt	0.76	0.99	0.57	0.9	0.17	0.59	0.06	0.79	0.65		0.55	0.73	0.63	0.8	0.79	0.19	0.92	0.69	0.69	0.13	0.86	0.53	0.91	-0.3	0.89	0.75
Retained Earnings	0.95	0.62	0.52	0.78	0.86	0.95	0.54	0.9	0.74	0.55		0.79	0.87	0.92	0.92	-0.2	0.65	0.65	0.95	0.75	0.76	0.99	0.55	0.14	0.78	0.94
Accounts Payable	0.91	0.77	0.5	0.94	0.55	0.75	0.52	0.84	0.62	0.73	0.79		0.78	0.91	0.91	0.22	0.87	0.47	0.9	0.44	0.84	0.8	0.86	-0.18	0.9	0.88
Cash	0.87	0.72	0.37	0.83	0.67	0.78	0.34	0.83	0.72	0.63	0.87	0.78		0.82	0.88	0.02	0.67	0.83	0.9	0.49	0.73	0.85	0.59	0.01	0.78	0.86
Non Current Assets Total	0.99	0.84	0.66	0.94	0.65	0.9	0.44	0.97	0.79	0.8	0.92	0.91	0.82		0.98	0.01	0.88	0.62	0.95	0.61	0.92	0.92	0.82	-0.09	0.94	0.97
Non Currrent Assets Other	0.99	0.84	0.68	0.95	0.61	0.88	0.35	0.98	0.85	0.79	0.92	0.91	0.88	0.98		0.1	0.89	0.66	0.94	0.58	0.94	0.93	0.83	-0.16	0.96	0.94
Other Assets	0.0	0.17	0.44	0.22	-0.56	-0.15	-0.54	0.12	0.33	0.19	-0.2	0.22	0.02	0.01	0.1		0.39	-0.24	-0.12	-0.43	0.34	-0.09	0.47	-0.93	0.29	-0.17
Long Term Debt	0.85	0.93	0.76	0.95	0.23	0.7	0.11	0.89	0.79	0.92	0.65	0.87	0.67	0.88	0.89	0.39		0.51	0.76	0.23	0.97	0.68	0.99	-0.49	0.98	0.78
Cash And Short Term Investments	0.66	0.74	0.17	0.65	0.49	0.63	0.16	0.64	0.53	0.69	0.65	0.47	0.83	0.62	0.66	-0.24	0.51		0.71	0.23	0.54	0.58	0.42	0.17	0.6	0.72
Net Receivables	0.98	0.76	0.44	0.88	0.79	0.92	0.59	0.9	0.67	0.69	0.95	0.9	0.9	0.95	0.94	-0.12	0.76	0.71		0.58	0.8	0.93	0.68	0.08	0.85	0.99
Common Stock Shares Outstanding	0.6	0.19	0.3	0.39	0.76	0.56	0.55	0.56	0.43	0.13	0.75	0.44	0.49	0.61	0.58	-0.43	0.23	0.23	0.58		0.36	0.73	0.17	0.45	0.38	0.6
Non Current Liabilities Total	0.9	0.88	0.85	0.93	0.33	0.79	0.09	0.96	0.9	0.86	0.76	0.84	0.73	0.92	0.94	0.34	0.97	0.54	0.8	0.36		0.79	0.93	-0.46	0.99	0.82
Inventory	0.95	0.6	0.59	0.78	0.82	0.94	0.5	0.92	0.79	0.53	0.99	0.8	0.85	0.92	0.93	-0.09	0.68	0.58	0.93	0.73	0.79		0.58	0.04	0.8	0.91
Other Current Assets	0.78	0.9	0.71	0.93	0.13	0.59	0.08	0.82	0.71	0.91	0.55	0.86	0.59	0.82	0.83	0.47	0.99	0.42	0.68	0.17	0.93	0.58		-0.52	0.95	0.71
Other Stockholder Equity	-0.06	-0.27	-0.64	-0.24	0.56	0.0	0.62	-0.23	-0.46	-0.3	0.14	-0.18	0.01	-0.09	-0.16	-0.93	-0.49	0.17	0.08	0.45	-0.46	0.04	-0.52		-0.37	0.1
Total Liab	0.93	0.92	0.76	0.97	0.38	0.79	0.18	0.96	0.85	0.89	0.78	0.9	0.78	0.94	0.96	0.29	0.98	0.6	0.85	0.38	0.99	0.8	0.95	-0.37		0.87
Net Invested Capital	0.98	0.81	0.47	0.9	0.76	0.92	0.58	0.91	0.67	0.75	0.94	0.88	0.86	0.97	0.94	-0.17	0.78	0.72	0.99	0.6	0.82	0.91	0.71	0.1	0.87

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Aarti Surfactants Account Relationship Matchups

Aarti Surfactants fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	3.8B	4.0B	4.0B	4.2B	3.9B
Short Long Term Debt Total	902.7M	1.3B	1.4B	1.5B	992.1M	1.3B
Other Current Liab	144.2M	98.6M	201.3M	53.9M	84.3M	109.6M
Total Current Liabilities	949.4M	1.5B	1.5B	1.5B	1.3B	1.4B
Total Stockholder Equity	1.1B	1.3B	1.4B	1.7B	2.2B	1.7B
Property Plant And Equipment Net	1.6B	2.1B	2.2B	2.2B	2.2B	2.1B
Current Deferred Revenue	155.2M	124.7M	172.0M	52.6M	31.2M	32.7M
Net Debt	901.6M	1.3B	1.4B	1.4B	928.9M	1.3B
Accounts Payable	192.4M	781.1M	701.7M	570.1M	673.0M	605.5M
Cash	1.0M	67.3M	13.8M	76.9M	63.1M	40.8M
Non Current Assets Total	1.7B	2.1B	2.3B	2.2B	2.2B	2.2B
Non Currrent Assets Other	(1.7B)	46.6M	1K	1.8M	66.7M	70.1M
Other Assets	26.3M	46.5M	26.8M	1.0	0.9	0.86
Long Term Debt	300.9M	886.9M	1.1B	733.4M	479.3M	688.3M
Cash And Short Term Investments	1.0M	67.3M	13.8M	273.1M	63.1M	76.7M
Net Receivables	179.2M	544.3M	544.7M	653.6M	701.1M	536.9M
Liabilities And Stockholders Equity	2.6B	3.8B	4.0B	4.0B	4.2B	3.9B
Non Current Liabilities Total	564.0M	976.1M	1.2B	879.3M	749.9M	864.7M
Inventory	564.9M	731.9M	748.2M	773.3M	992.1M	795.2M
Other Current Assets	198.5M	410.3M	442.8M	319.7M	238.7M	335.0M
Other Stockholder Equity	(1.1B)	(1.3B)	(1.4B)	194.5M	480.3M	504.3M
Total Liab	1.5B	2.5B	2.7B	2.3B	2.0B	2.3B
Net Invested Capital	2.0B	2.8B	3.0B	3.2B	3.2B	3.0B
Short Long Term Debt	601.8M	570.5M	561.5M	757.9M	492.9M	486.8M
Total Current Assets	943.6M	1.7B	1.7B	1.8B	2.0B	1.7B
Net Working Capital	(5.8M)	191.2M	259.5M	383.8M	702.8M	738.0M
Short Term Debt	590.8M	667.7M	535.5M	757.9M	496.1M	495.3M

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Aarti Tax Provision vs Net Income Analysis

Tax Provision vs Net Income

Tax Provision vs Net Income Correlation Analysis

Correlation Coefficient

Tax Provision

Net Income

Aarti Surfactants fundamental ratios Correlations

Aarti Surfactants Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aarti Surfactants fundamental ratios Accounts

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Additional Tools for Aarti Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Inventory	+ 0.99	Retained Earnings
Other Current Assets	+ 0.99	Long Term Debt
Net Invested Capital	+ 0.99	Net Receivables

Other Stockholder Equity	- 0.93	Other Assets
Other Stockholder Equity	- 0.64	Other Current Liab
Other Assets	- 0.56	Total Stockholder Equity
Other Assets	- 0.54	Net Tangible Assets
Other Stockholder Equity	- 0.52	Other Current Assets
Other Stockholder Equity	- 0.49	Long Term Debt