AMBICAAGAR | | | 29.73 0.71 2.45% |
Ambica Agarbathies financial indicator trend analysis is way more than just evaluating Ambica Agarbathies Aroma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambica Agarbathies Aroma is a good investment. Please check the relationship between Ambica Agarbathies Gross Profit and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Gross Profit vs Selling General Administrative
Gross Profit vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ambica Agarbathies Aroma Gross Profit account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ambica Agarbathies' Gross Profit and Selling General Administrative is -0.12. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ambica Agarbathies Aroma, assuming nothing else is changed. The correlation between historical values of Ambica Agarbathies' Gross Profit 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 Gross Profit of Ambica Agarbathies Aroma 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 Gross Profit i.e., Ambica Agarbathies' Gross Profit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Ambica Agarbathies Aroma minus its cost of goods sold. It is profit before Ambica Agarbathies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Selling General Administrative
Most indicators from Ambica Agarbathies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambica Agarbathies Aroma 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 Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 206.1
MAmbica Agarbathies fundamental ratios Correlations
Click cells to compare fundamentals
Ambica Agarbathies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ambica Agarbathies fundamental ratios Accounts
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Other Information on Investing in Ambica Stock
Balance Sheet is a snapshot of the
financial position of Ambica Agarbathies Aroma at a specified time, usually calculated after every quarter, six months, or one year. Ambica Agarbathies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ambica Agarbathies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ambica currently owns. An asset can also be divided into two categories, current and non-current.