Exide Depreciation And Amortization vs Operating Income Analysis

EXIDEIND   452.60  4.45  0.97%   
Exide Industries financial indicator trend analysis is much more than just examining Exide Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exide Industries is a good investment. Please check the relationship between Exide Industries Depreciation And Amortization and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exide Industries 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 income.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exide Industries Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Exide Industries' Depreciation And Amortization and Operating Income is 0.33. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Exide Industries Limited, assuming nothing else is changed. The correlation between historical values of Exide Industries' Depreciation And Amortization and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Exide Industries Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Depreciation And Amortization i.e., Exide Industries' Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from Exide Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Exide Industries Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Exide Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exide Industries 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 Exide Industries 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 income.
As of the 29th of November 2024, Selling General Administrative is likely to drop to about 1.9 B. In addition to that, Tax Provision is likely to drop to about 2.5 B
 2021 2022 2023 2024 (projected)
Gross Profit34.7B47.2B36.5B44.0B
Total Revenue127.1B150.8B167.7B112.6B

Exide Industries fundamental ratios Correlations

0.360.440.990.390.47-0.220.880.890.350.180.710.9-0.060.290.740.84-0.050.710.790.620.910.330.260.50.5
0.360.930.280.730.98-0.34-0.050.610.740.890.280.630.80.990.760.230.130.02-0.260.050.63-0.620.80.0-0.38
0.440.930.390.660.94-0.260.110.570.690.920.430.70.830.910.80.340.170.05-0.120.230.66-0.590.910.03-0.33
0.990.280.390.30.39-0.190.920.820.260.120.720.85-0.110.210.680.84-0.050.730.850.650.870.380.220.510.54
0.390.730.660.30.790.050.10.640.990.690.280.640.550.670.710.52-0.110.2-0.070.040.52-0.120.76-0.07-0.29
0.470.980.940.390.79-0.310.10.670.790.890.40.710.770.950.810.350.050.09-0.120.150.69-0.50.850.02-0.37
-0.22-0.34-0.26-0.190.05-0.31-0.01-0.270.06-0.090.04-0.14-0.06-0.37-0.180.18-0.090.190.01-0.3-0.380.29-0.01-0.10.17
0.88-0.050.110.920.10.1-0.010.580.05-0.140.640.64-0.36-0.120.380.82-0.130.80.970.680.660.630.020.50.67
0.890.610.570.820.640.67-0.270.580.60.360.580.920.150.560.880.74-0.060.560.480.420.910.110.390.370.29
0.350.740.690.260.990.790.060.050.60.730.270.630.610.680.710.49-0.070.13-0.120.020.49-0.20.8-0.1-0.34
0.180.890.920.120.690.89-0.09-0.140.360.730.310.530.960.880.670.160.2-0.1-0.37-0.10.39-0.70.92-0.09-0.47
0.710.280.430.720.280.40.040.640.580.270.310.70.170.220.620.580.070.460.550.40.540.160.340.070.32
0.90.630.70.850.640.71-0.140.640.920.630.530.70.330.570.950.770.040.50.490.410.90.010.570.450.21
-0.060.80.83-0.110.550.77-0.06-0.360.150.610.960.170.330.810.52-0.090.24-0.32-0.56-0.260.17-0.810.85-0.18-0.6
0.290.990.910.210.670.95-0.37-0.120.560.680.880.220.570.810.720.150.16-0.05-0.330.00.58-0.690.76-0.02-0.42
0.740.760.80.680.710.81-0.180.380.880.710.670.620.950.520.720.610.080.270.220.240.82-0.230.670.32-0.01
0.840.230.340.840.520.350.180.820.740.490.160.580.77-0.090.150.61-0.240.760.730.580.730.450.330.30.47
-0.050.130.17-0.05-0.110.05-0.09-0.13-0.06-0.070.20.070.040.240.160.08-0.24-0.12-0.16-0.120.06-0.330.070.030.02
0.710.020.050.730.20.090.190.80.560.13-0.10.460.5-0.32-0.050.270.76-0.120.770.440.510.61-0.010.420.82
0.79-0.26-0.120.85-0.07-0.120.010.970.48-0.12-0.370.550.49-0.56-0.330.220.73-0.160.770.650.530.75-0.210.490.76
0.620.050.230.650.040.15-0.30.680.420.02-0.10.40.41-0.260.00.240.58-0.120.440.650.590.320.120.070.34
0.910.630.660.870.520.69-0.380.660.910.490.390.540.90.170.580.820.730.060.510.530.590.020.440.420.21
0.33-0.62-0.590.38-0.12-0.50.290.630.11-0.2-0.70.160.01-0.81-0.69-0.230.45-0.330.610.750.320.02-0.480.270.65
0.260.80.910.220.760.85-0.010.020.390.80.920.340.570.850.760.670.330.07-0.01-0.210.120.44-0.48-0.1-0.45
0.50.00.030.51-0.070.02-0.10.50.37-0.1-0.090.070.45-0.18-0.020.320.30.030.420.490.070.420.27-0.10.45
0.5-0.38-0.330.54-0.29-0.370.170.670.29-0.34-0.470.320.21-0.6-0.42-0.010.470.020.820.760.340.210.65-0.450.45
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Exide Industries Account Relationship Matchups

Exide Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets243.7B286.9B139.1B140.5B181.5B127.9B
Total Stockholder Equity64.7B72.7B105.8B112.1B128.9B135.3B
Property Plant And Equipment Net30.7B34.2B35.9B29.3B49.3B51.7B
Non Current Assets Total189.6B224.3B87.9B89.7B119.0B91.9B
Liabilities And Stockholders Equity243.7B286.9B139.1B140.5B181.5B127.9B
Inventory24.1B26.4B28.6B29.9B38.7B40.6B
Other Stockholder Equity14.7B(52.0B)(54.7B)7.4B(114.4B)7.7B
Total Liab178.5B213.7B32.9B28.4B52.5B78.0B
Total Current Assets54.1B62.6B51.2B50.9B62.5B36.0B
Accumulated Other Comprehensive Income(13.4B)4.3B(7.9B)(10.4B)38.9M40.8M
Short Long Term Debt Total2.0B5.1B5.2B4.5B11.2B11.8B
Other Current Liab16.5B21.2B5.7B3.2B11.5B7.8B
Total Current Liabilities32.5B48.0B28.2B25.0B44.5B28.0B
Net Debt(1.3B)1.7B3.3B2.1B8.0B8.4B
Retained Earnings53.8B60.2B105.5B113.5B120.6B126.6B
Accounts Payable16.1B23.7B18.5B15.3B27.1B15.0B
Cash3.3B3.4B1.9B681.2M3.2B2.4B
Non Currrent Assets Other3.8B10.2B1.5B14.0B9.9B7.4B
Cash And Short Term Investments13.4B18.9B9.0B6.7B5.8B11.5B
Non Current Liabilities Total146.0B165.6B4.7B3.4B8.0B7.6B
Other Current Assets16.5B7.0B2.7B1.5B4.2B6.8B
Net Receivables14.4B15.2B11.8B12.7B13.8B12.0B
Intangible Assets907.5M981.4M928M257.4M2.3B2.5B
Current Deferred Revenue(860.9M)21.2B5.7B6.5B1.0B974.4M
Short Term Investments10.1B15.5B7.1B6.0B2.6B2.5B
Short Term Debt860.9M819.4M1.4B68.1M4.9B5.1B
Other Liab129.2B144.9B161.4B851.9M979.7M930.7M
Net Tangible Assets54.5B57.9B65.9B104.4B120.1B126.1B
Other Assets4.8B6.0B2.4B2.6B2.3B2.2B
Long Term Debt88.5M855.8M823.6M1.4B2.2B2.3B
Short Long Term Debt618M466.7M1.3B1.4B4.8B5.0B
Property Plant Equipment29.8B33.5B35.6B39.2B45.1B27.1B
Long Term Debt Total1.1B4.3B3.8B4.4B5.1B5.3B
Non Current Liabilities Other2.0B2.7B5.0B5.6B6.4B3.7B
Cash And Equivalents1.4B730.4M400K156.7M141.0M134.0M
Net Invested Capital65.4B74.0B107.9B112.1B135.8B96.2B

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Other Information on Investing in Exide Stock

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