Deepak Research Development vs Total Operating Expenses Analysis

DEEPAKNTR   2,727  21.25  0.79%   
Deepak Nitrite financial indicator trend analysis is much more than just examining Deepak Nitrite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deepak Nitrite is a good investment. Please check the relationship between Deepak Nitrite Research Development and its Total Operating Expenses accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Nitrite 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 nation.

Research Development vs Total Operating Expenses

Research Development vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deepak Nitrite Research Development account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Deepak Nitrite's Research Development and Total Operating Expenses is 0.79. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Deepak Nitrite Limited, assuming nothing else is changed. The correlation between historical values of Deepak Nitrite's Research Development and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Deepak Nitrite Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Research Development i.e., Deepak Nitrite's Research Development and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Deepak Nitrite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deepak Nitrite 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Nitrite 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 nation.
As of the 30th of November 2024, Selling General Administrative is likely to grow to about 1.3 B, while Tax Provision is likely to drop about 2 B.
 2021 2022 2023 2024 (projected)
Interest Expense339.4M247.8M150.2M142.7M
Depreciation And Amortization1.8B1.7B1.7B1.7B

Deepak Nitrite fundamental ratios Correlations

-0.040.440.540.980.98-0.250.690.990.740.910.980.840.30.970.260.390.470.980.670.94-0.030.960.810.86-0.47
-0.04-0.590.57-0.250.120.95-0.270.1-0.27-0.4-0.190.280.83-0.130.620.170.78-0.190.41-0.160.44-0.320.04-0.40.71
0.44-0.59-0.230.560.35-0.750.770.370.640.680.460.15-0.360.43-0.260.25-0.330.51-0.060.44-0.460.60.220.52-0.61
0.540.57-0.230.380.590.510.030.590.150.290.460.790.580.520.660.510.90.470.870.380.610.310.640.370.39
0.98-0.250.560.380.93-0.440.730.940.780.960.990.740.110.960.10.350.280.990.560.95-0.151.00.760.92-0.6
0.980.120.350.590.93-0.10.661.00.70.830.920.880.450.930.350.40.590.940.720.910.020.90.810.77-0.38
-0.250.95-0.750.51-0.44-0.1-0.54-0.12-0.53-0.59-0.370.160.75-0.30.540.10.7-0.380.33-0.320.52-0.52-0.06-0.510.79
0.69-0.270.770.030.730.66-0.540.670.930.760.640.4-0.030.610.040.20.00.680.150.56-0.430.760.350.52-0.55
0.990.10.370.590.941.0-0.120.670.710.840.930.870.420.930.320.420.570.940.720.910.010.910.80.79-0.38
0.74-0.270.640.150.780.7-0.530.930.710.770.70.43-0.060.690.080.120.050.740.230.58-0.280.80.430.56-0.51
0.91-0.40.680.290.960.83-0.590.760.840.770.940.63-0.090.880.00.420.120.950.460.89-0.20.970.660.95-0.62
0.98-0.190.460.460.990.92-0.370.640.930.70.940.770.140.970.130.360.350.990.610.96-0.10.980.780.93-0.54
0.840.280.150.790.740.880.160.40.870.430.630.770.610.80.50.50.790.770.870.770.230.690.860.64-0.16
0.30.83-0.360.580.110.450.75-0.030.42-0.06-0.090.140.610.240.70.110.880.150.540.230.320.040.45-0.110.25
0.97-0.130.430.520.960.93-0.30.610.930.690.880.970.80.240.280.260.430.980.620.910.040.940.870.87-0.52
0.260.62-0.260.660.10.350.540.040.320.080.00.130.50.70.280.00.770.190.460.060.550.040.56-0.030.26
0.390.170.250.510.350.40.10.20.420.120.420.360.50.110.260.00.350.350.660.370.030.310.170.450.25
0.470.78-0.330.90.280.590.70.00.570.050.120.350.790.880.430.770.350.360.80.350.530.20.620.160.36
0.98-0.190.510.470.990.94-0.380.680.940.740.950.990.770.150.980.190.350.360.60.94-0.060.980.810.92-0.55
0.670.41-0.060.870.560.720.330.150.720.230.460.610.870.540.620.460.660.80.60.620.440.490.670.540.18
0.94-0.160.440.380.950.91-0.320.560.910.580.890.960.770.230.910.060.370.350.940.62-0.130.940.760.9-0.58
-0.030.44-0.460.61-0.150.020.52-0.430.01-0.28-0.2-0.10.230.320.040.550.030.53-0.060.44-0.13-0.20.31-0.060.49
0.96-0.320.60.311.00.9-0.520.760.910.80.970.980.690.040.940.040.310.20.980.490.94-0.20.720.91-0.65
0.810.040.220.640.760.81-0.060.350.80.430.660.780.860.450.870.560.170.620.810.670.760.310.720.7-0.4
0.86-0.40.520.370.920.77-0.510.520.790.560.950.930.64-0.110.87-0.030.450.160.920.540.9-0.060.910.7-0.54
-0.470.71-0.610.39-0.6-0.380.79-0.55-0.38-0.51-0.62-0.54-0.160.25-0.520.260.250.36-0.550.18-0.580.49-0.65-0.4-0.54
Click cells to compare fundamentals

Deepak Nitrite Account Relationship Matchups

Deepak Nitrite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets32.1B35.6B44.3B51.3B61.0B64.0B
Short Long Term Debt Total11.1B5.9B3.2B728.6M2.9B4.9B
Other Current Liab88.7M520.3M859.2M1.2B1.7B1.8B
Total Current Liabilities7.5B5.5B7.5B7.9B7.9B5.3B
Total Stockholder Equity15.7B23.5B33.4B40.9B48.0B50.4B
Property Plant And Equipment Net19.7B20.4B20.4B22.0B30.6B32.1B
Net Debt11.0B5.8B2.9B352.2M481.1M457.0M
Cash21.4M88.9M228.5M376.4M2.4B2.5B
Non Current Assets Total20.5B21.1B21.5B23.9B32.5B34.2B
Non Currrent Assets Other(200K)118.9M(64.9M)1.4B3.4B3.6B
Cash And Short Term Investments298.1M2.2B4.8B4.6B5.8B6.1B
Net Receivables6.5B7.6B11.3B13.1B13.0B13.6B
Liabilities And Stockholders Equity32.1B35.6B44.3B51.3B61.0B64.0B
Non Current Liabilities Total8.9B6.6B3.5B2.5B4.9B4.0B
Inventory3.9B3.8B5.8B8.9B7.6B8.0B
Other Current Assets787.1M941.7M939.7M1.2B2.0B1.2B
Total Liab16.4B12.1B10.9B10.4B12.7B9.3B
Total Current Assets11.6B14.5B22.8B27.4B28.4B29.8B
Accumulated Other Comprehensive Income951.5M952.3M1.0B1.0B14.1M14.8M
Intangible Assets300.7M417.3M492.8M463.2M496.1M520.9M
Current Deferred Revenue618.7M444.1M522M700.2M201.7M191.6M
Retained Earnings10.2B17.9B27.8B35.3B42.3B44.5B
Accounts Payable3.6B4.4B5.1B6.6B5.8B3.9B
Short Term Investments276.7M2.1B4.6B4.2B3.5B3.6B
Short Term Debt3.1B549.4M1.1B144.3M68.5M65.1M
Other Liab1.0B948.6M1.3B1.4B1.7B1.0B
Net Tangible Assets10.6B15.4B23.0B32.9B37.8B39.7B
Other Assets456.8M214.4M578.3M468.5M1.00.95
Long Term Debt7.8B5.2B1.9B430.2M2.2B3.2B
Long Term Debt Total7.9B5.3B2.0B584.3M525.9M499.6M
Short Long Term Debt3.2B3.1B31M1.1B114.6M0.0
Property Plant Equipment19.7B20.4B20.4B22.0B25.3B18.0B
Non Current Liabilities Other170.3M138.0M8.5M3.6M3.2M3.1M
Net Invested Capital26.6B28.7B36.4B41.4B50.1B35.4B

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.

Other Information on Investing in Deepak Stock

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