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 Income Before Tax and its Ebitda 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.
Income Before Tax vs Ebitda
Income Before Tax vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ambica Agarbathies Aroma Income Before Tax account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ambica Agarbathies' Income Before Tax and Ebitda is 0.87. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda 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' Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Ambica Agarbathies Aroma are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Ambica Agarbathies' Income Before Tax and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ambica Agarbathies income statement and is an important metric when analyzing Ambica Agarbathies Aroma profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Ebitda
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.