ESCORTS Stock | | | 3,554 40.55 1.15% |
Escorts Kubota financial indicator trend analysis is much more than just examining Escorts Kubota latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Escorts Kubota is a good investment. Please check the relationship between Escorts Kubota Gross Profit and its Reconciled Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escorts Kubota 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 metropolitan statistical area.
Gross Profit vs Reconciled Depreciation
Gross Profit vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Escorts Kubota Gross Profit account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Escorts Kubota's Gross Profit and Reconciled Depreciation is 0.72. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Escorts Kubota Limited, assuming nothing else is changed. The correlation between historical values of Escorts Kubota's Gross Profit and Reconciled Depreciation 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 Escorts Kubota Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Escorts Kubota's Gross Profit and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Escorts Kubota Limited minus its cost of goods sold. It is profit before Escorts Kubota 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.
Reconciled Depreciation
Most indicators from Escorts Kubota's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Escorts Kubota 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 Escorts Kubota 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 metropolitan statistical area.
At this time, Escorts Kubota's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 14.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 2.1
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 20.2B | 23.1B | 26.5B | 13.9B | Total Revenue | 70.8B | 84.3B | 88.5B | 50.2B |
Escorts Kubota fundamental ratios Correlations
Click cells to compare fundamentals
Escorts Kubota Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Escorts Kubota fundamental ratios Accounts
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Additional Tools for Escorts Stock Analysis
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