Amrutanjan Income Before Tax vs Interest Expense Analysis

AMRUTANJAN   577.75  15.65  2.64%   
Amrutanjan Health financial indicator trend analysis is way more than just evaluating Amrutanjan Health Care prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amrutanjan Health Care is a good investment. Please check the relationship between Amrutanjan Health Income Before Tax and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amrutanjan Health Care Income Before Tax account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
Income Before TaxInterest ExpenseDiversified AwayIncome Before TaxInterest ExpenseDiversified Away100%
The correlation between Amrutanjan Health's Income Before Tax and Interest Expense is -0.48. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Amrutanjan Health Care, assuming nothing else is changed. The correlation between historical values of Amrutanjan Health's Income Before Tax and Interest Expense 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 Amrutanjan Health Care are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Before Tax i.e., Amrutanjan Health's Income Before Tax and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Amrutanjan Health income statement and is an important metric when analyzing Amrutanjan Health Care 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Amrutanjan Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amrutanjan Health Care 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 Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Amrutanjan Health's Selling General Administrative is very stable compared to the past year. As of the 28th of February 2025, Issuance Of Capital Stock is likely to grow to about 11.4 M, though Discontinued Operations is likely to grow to (4.1 M).
 2022 2023 2024 2025 (projected)
Interest Expense771K2.5M2.3M2.1M
Depreciation And Amortization52.1M60.6M69.7M35.2M

Amrutanjan Health fundamental ratios Correlations

-0.56-0.10.981.00.78-0.150.190.66-0.310.980.67-0.710.30.950.24-0.20.850.99-0.730.96-0.610.95-0.3-0.020.95
-0.560.28-0.44-0.59-0.320.46-0.39-0.250.61-0.59-0.440.29-0.15-0.5-0.230.09-0.42-0.590.3-0.610.88-0.460.280.24-0.46
-0.10.280.01-0.130.150.29-0.270.35-0.04-0.18-0.240.010.4-0.06-0.040.390.07-0.180.01-0.290.58-0.080.60.29-0.06
0.98-0.440.010.970.8-0.150.20.69-0.220.940.67-0.720.290.930.28-0.180.870.96-0.730.94-0.50.9-0.280.060.92
1.0-0.59-0.130.970.77-0.160.190.65-0.320.980.67-0.710.290.950.24-0.210.830.99-0.730.97-0.640.94-0.32-0.040.95
0.78-0.320.150.80.770.16-0.170.74-0.140.720.76-0.450.270.730.25-0.050.880.75-0.480.69-0.350.8-0.210.070.76
-0.150.460.29-0.15-0.160.16-0.990.150.28-0.25-0.22-0.020.190.01-0.440.16-0.19-0.21-0.03-0.260.480.120.35-0.13-0.01
0.19-0.39-0.270.20.19-0.17-0.99-0.16-0.260.280.21-0.08-0.210.020.41-0.180.180.25-0.070.28-0.44-0.08-0.350.140.04
0.66-0.250.350.690.650.740.15-0.16-0.140.540.48-0.360.420.710.290.080.770.56-0.370.55-0.210.6-0.080.140.66
-0.310.61-0.04-0.22-0.32-0.140.28-0.26-0.14-0.34-0.110.07-0.48-0.37-0.130.04-0.23-0.320.08-0.30.32-0.26-0.28-0.01-0.32
0.98-0.59-0.180.940.980.72-0.250.280.54-0.340.62-0.650.310.910.25-0.20.820.99-0.670.96-0.630.93-0.280.030.94
0.67-0.44-0.240.670.670.76-0.220.210.48-0.110.62-0.43-0.080.580.17-0.520.740.67-0.460.71-0.620.55-0.58-0.280.53
-0.710.290.01-0.72-0.71-0.45-0.02-0.08-0.360.07-0.65-0.430.1-0.660.110.18-0.36-0.71.0-0.640.39-0.660.350.29-0.58
0.3-0.150.40.290.290.270.19-0.210.42-0.480.31-0.080.10.45-0.050.070.410.260.080.260.170.390.740.160.47
0.95-0.5-0.060.930.950.730.010.020.71-0.370.910.58-0.660.450.1-0.190.80.93-0.670.92-0.510.94-0.16-0.060.95
0.24-0.23-0.040.280.240.25-0.440.410.29-0.130.250.170.11-0.050.10.240.370.230.120.26-0.220.1-0.220.530.25
-0.20.090.39-0.18-0.21-0.050.16-0.180.080.04-0.2-0.520.180.07-0.190.24-0.11-0.240.19-0.320.28-0.150.270.43-0.19
0.85-0.420.070.870.830.88-0.190.180.77-0.230.820.74-0.360.410.80.37-0.110.82-0.390.82-0.430.77-0.190.180.82
0.99-0.59-0.180.960.990.75-0.210.250.56-0.320.990.67-0.70.260.930.23-0.240.82-0.720.97-0.650.94-0.33-0.040.94
-0.730.30.01-0.73-0.73-0.48-0.03-0.07-0.370.08-0.67-0.461.00.08-0.670.120.19-0.39-0.72-0.660.4-0.680.340.3-0.6
0.96-0.61-0.290.940.970.69-0.260.280.55-0.30.960.71-0.640.260.920.26-0.320.820.97-0.66-0.70.89-0.37-0.10.91
-0.610.880.58-0.5-0.64-0.350.48-0.44-0.210.32-0.63-0.620.390.17-0.51-0.220.28-0.43-0.650.4-0.7-0.490.670.34-0.47
0.95-0.46-0.080.90.940.80.12-0.080.6-0.260.930.55-0.660.390.940.1-0.150.770.94-0.680.89-0.49-0.16-0.020.96
-0.30.280.6-0.28-0.32-0.210.35-0.35-0.08-0.28-0.28-0.580.350.74-0.16-0.220.27-0.19-0.330.34-0.370.67-0.160.26-0.11
-0.020.240.290.06-0.040.07-0.130.140.14-0.010.03-0.280.290.16-0.060.530.430.18-0.040.3-0.10.34-0.020.260.08
0.95-0.46-0.060.920.950.76-0.010.040.66-0.320.940.53-0.580.470.950.25-0.190.820.94-0.60.91-0.470.96-0.110.08
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Amrutanjan Health Account Relationship Matchups

Amrutanjan Health fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B3.5B3.6B3.7B4.2B4.4B
Short Long Term Debt Total13.4M8.8M9.1M17.3M15.6M14.8M
Other Current Liab66.6M110.3M109.1M110.5M99.4M94.2M
Total Current Liabilities521.0M774.7M630.1M699.2M804.1M844.3M
Total Stockholder Equity2.2B2.7B2.9B2.9B3.3B3.5B
Property Plant And Equipment Net233.2M434.7M475.5M495.4M569.8M338.5M
Net Debt(1.3B)(826.0M)(39.9M)(240.4M)(216.3M)(227.1M)
Cash1.3B834.8M49.0M257.6M296.3M428.0M
Non Current Assets Total513.7M752.2M1.0B711.9M818.7M613.8M
Non Currrent Assets Other25.2M34.8M52.1M45.4M40.9M38.8M
Cash And Short Term Investments1.8B2.0B1.9B2.1B2.4B2.5B
Net Receivables262.8M425.2M330.2M478.9M550.7M301.6M
Common Stock Shares Outstanding29.2M29.2M29.2M29.2M26.3M23.8M
Liabilities And Stockholders Equity2.7B3.5B3.6B3.7B4.2B4.4B
Non Current Liabilities Total66.0M72.7M83.1M84.6M76.2M63.3M
Inventory174.6M260.0M288.3M289.0M332.4M349.0M
Other Current Assets301.0M475.7M361.3M59.6M68.5M65.1M
Other Stockholder Equity510.2M474.8M479.6M(16.2M)(14.6M)(13.8M)
Total Liab587.1M847.4M713.2M783.8M901.4M470.5M
Total Current Assets2.2B2.7B2.6B3.0B3.4B3.6B
Accumulated Other Comprehensive Income519.9M519.8M524.2M510.0M586.5M615.8M
Accounts Payable406.7M604.5M474.4M558.6M642.4M674.5M
Short Term Debt6.4M5.7M5.1M3.3M3.0M2.8M
Short Term Investments446.4M1.2B1.9B1.8B2.1B2.2B
Intangible Assets15.1M23.2M24.8M23.8M21.4M18.9M
Current Deferred Revenue59.4M99.5M72.2M10.6M12.1M11.5M
Retained Earnings1.6B2.1B2.9B2.4B2.7B2.9B
Other Liab57.4M59.0M69.6M79.1M90.9M57.0M
Net Tangible Assets1.6B2.1B2.6B2.9B3.3B1.8B
Other Assets63.9M71.2M57.9M1.00.90.86
Property Plant Equipment255.7M233.2M434.7M475.5M546.8M335.9M
Long Term Debt Total11.2M7.0M3.1M4.0M4.6M4.0M
Cash And Equivalents588.0M60M0.0654.1M752.3M789.9M
Net Invested Capital2.2B2.7B2.9B2.9B3.3B2.3B
Net Working Capital1.7B2.0B2.0B2.3B2.6B1.7B
Capital Lease Obligations13.4M8.8M9.1M17.3M15.6M10.5M
Property Plant And Equipment Gross388.7M622.3M475.5M495.4M569.8M520.1M

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Other Information on Investing in Amrutanjan Stock

Balance Sheet is a snapshot of the financial position of Amrutanjan Health Care at a specified time, usually calculated after every quarter, six months, or one year. Amrutanjan Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amrutanjan Health 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 Amrutanjan currently owns. An asset can also be divided into two categories, current and non-current.

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