Exide Gross Profit vs Total Operating Expenses Analysis

EXIDEIND

428.35 4.30 1.01%

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 Gross Profit and its Total Operating Expenses 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.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exide Industries Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.

The correlation between Exide Industries' Gross Profit and Total Operating Expenses is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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' Gross Profit 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 Gross Profit of Exide Industries 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 Gross Profit i.e., Exide Industries' Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Exide Industries Limited minus its cost of goods sold. It is profit before Exide Industries 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.

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 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 26th 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 Profit	34.7B	47.2B	36.5B	44.0B
Total Revenue	127.1B	150.8B	167.7B	112.6B

Gross Profit Total Revenue

Exide Industries fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Common Stock Shares Outstanding	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Net Receivables	Good Will	Intangible Assets	Current Deferred Revenue	Short Term Investments
Total Assets		0.36	0.44	0.99	0.39	0.47	-0.22	0.88	0.89	0.35	0.18	0.71	0.9	-0.06	0.29	0.74	0.84	-0.05	0.71	0.79	0.62	0.91	0.33	0.26	0.5	0.5
Total Stockholder Equity	0.36		0.93	0.28	0.73	0.98	-0.34	-0.05	0.61	0.74	0.89	0.28	0.63	0.8	0.99	0.76	0.24	0.13	0.02	-0.26	0.05	0.63	-0.62	0.8	0.0	-0.38
Property Plant And Equipment Net	0.44	0.93		0.39	0.66	0.94	-0.26	0.11	0.57	0.69	0.92	0.43	0.7	0.83	0.91	0.8	0.35	0.17	0.05	-0.12	0.23	0.66	-0.59	0.91	0.03	-0.33
Non Current Assets Total	0.99	0.28	0.39		0.3	0.39	-0.19	0.92	0.82	0.26	0.12	0.72	0.85	-0.11	0.21	0.68	0.84	-0.05	0.73	0.85	0.65	0.87	0.38	0.22	0.51	0.54
Common Stock Shares Outstanding	0.39	0.73	0.66	0.3		0.79	0.05	0.1	0.64	0.99	0.69	0.28	0.64	0.55	0.67	0.71	0.53	-0.11	0.2	-0.07	0.04	0.52	-0.12	0.76	-0.07	-0.29
Inventory	0.47	0.98	0.94	0.39	0.79		-0.31	0.1	0.67	0.79	0.89	0.4	0.71	0.77	0.95	0.81	0.36	0.05	0.09	-0.12	0.15	0.69	-0.5	0.85	0.02	-0.37
Other Stockholder Equity	-0.22	-0.34	-0.26	-0.19	0.05	-0.31		-0.01	-0.27	0.06	-0.09	0.04	-0.14	-0.06	-0.37	-0.18	0.18	-0.09	0.19	0.01	-0.3	-0.38	0.29	-0.01	-0.1	0.17
Total Liab	0.88	-0.05	0.11	0.92	0.1	0.1	-0.01		0.58	0.05	-0.14	0.64	0.64	-0.36	-0.12	0.38	0.81	-0.13	0.8	0.97	0.68	0.66	0.63	0.02	0.5	0.67
Total Current Assets	0.89	0.61	0.57	0.82	0.64	0.67	-0.27	0.58		0.6	0.36	0.58	0.92	0.15	0.56	0.88	0.74	-0.06	0.56	0.48	0.42	0.91	0.11	0.39	0.37	0.29
Common Stock	0.35	0.74	0.69	0.26	0.99	0.79	0.06	0.05	0.6		0.73	0.27	0.63	0.61	0.68	0.71	0.5	-0.07	0.13	-0.12	0.02	0.49	-0.2	0.8	-0.1	-0.34
Short Long Term Debt Total	0.18	0.89	0.92	0.12	0.69	0.89	-0.09	-0.14	0.36	0.73		0.31	0.53	0.96	0.88	0.67	0.17	0.2	-0.1	-0.37	-0.1	0.39	-0.7	0.92	-0.09	-0.47
Other Current Liab	0.71	0.28	0.43	0.72	0.28	0.4	0.04	0.64	0.58	0.27	0.31		0.7	0.17	0.22	0.62	0.58	0.07	0.46	0.55	0.4	0.54	0.16	0.34	0.07	0.32
Total Current Liabilities	0.9	0.63	0.7	0.85	0.64	0.71	-0.14	0.64	0.92	0.63	0.53	0.7		0.33	0.57	0.95	0.78	0.04	0.5	0.49	0.41	0.9	0.01	0.57	0.45	0.21
Net Debt	-0.06	0.8	0.83	-0.11	0.55	0.77	-0.06	-0.36	0.15	0.61	0.96	0.17	0.33		0.81	0.52	-0.08	0.24	-0.32	-0.56	-0.26	0.17	-0.81	0.85	-0.18	-0.6
Retained Earnings	0.29	0.99	0.91	0.21	0.67	0.95	-0.37	-0.12	0.56	0.68	0.88	0.22	0.57	0.81		0.72	0.16	0.16	-0.05	-0.33	0.0	0.58	-0.69	0.76	-0.02	-0.42
Accounts Payable	0.74	0.76	0.8	0.68	0.71	0.81	-0.18	0.38	0.88	0.71	0.67	0.62	0.95	0.52	0.72		0.62	0.08	0.27	0.22	0.24	0.82	-0.23	0.67	0.32	-0.01
Cash	0.84	0.24	0.35	0.84	0.53	0.36	0.18	0.81	0.74	0.5	0.17	0.58	0.78	-0.08	0.16	0.62		-0.23	0.75	0.73	0.58	0.73	0.44	0.34	0.29	0.46
Non Currrent Assets Other	-0.05	0.13	0.17	-0.05	-0.11	0.05	-0.09	-0.13	-0.06	-0.07	0.2	0.07	0.04	0.24	0.16	0.08	-0.23		-0.12	-0.16	-0.12	0.06	-0.33	0.07	0.03	0.02
Cash And Short Term Investments	0.71	0.02	0.05	0.73	0.2	0.09	0.19	0.8	0.56	0.13	-0.1	0.46	0.5	-0.32	-0.05	0.27	0.75	-0.12		0.77	0.44	0.51	0.61	-0.01	0.42	0.82
Non Current Liabilities Total	0.79	-0.26	-0.12	0.85	-0.07	-0.12	0.01	0.97	0.48	-0.12	-0.37	0.55	0.49	-0.56	-0.33	0.22	0.73	-0.16	0.77		0.65	0.53	0.75	-0.21	0.49	0.76
Other Current Assets	0.62	0.05	0.23	0.65	0.04	0.15	-0.3	0.68	0.42	0.02	-0.1	0.4	0.41	-0.26	0.0	0.24	0.58	-0.12	0.44	0.65		0.59	0.32	0.12	0.07	0.34
Net Receivables	0.91	0.63	0.66	0.87	0.52	0.69	-0.38	0.66	0.91	0.49	0.39	0.54	0.9	0.17	0.58	0.82	0.73	0.06	0.51	0.53	0.59		0.02	0.44	0.42	0.21
Good Will	0.33	-0.62	-0.59	0.38	-0.12	-0.5	0.29	0.63	0.11	-0.2	-0.7	0.16	0.01	-0.81	-0.69	-0.23	0.44	-0.33	0.61	0.75	0.32	0.02		-0.48	0.27	0.65
Intangible Assets	0.26	0.8	0.91	0.22	0.76	0.85	-0.01	0.02	0.39	0.8	0.92	0.34	0.57	0.85	0.76	0.67	0.34	0.07	-0.01	-0.21	0.12	0.44	-0.48		-0.1	-0.45
Current Deferred Revenue	0.5	0.0	0.03	0.51	-0.07	0.02	-0.1	0.5	0.37	-0.1	-0.09	0.07	0.45	-0.18	-0.02	0.32	0.29	0.03	0.42	0.49	0.07	0.42	0.27	-0.1		0.45
Short Term Investments	0.5	-0.38	-0.33	0.54	-0.29	-0.37	0.17	0.67	0.29	-0.34	-0.47	0.32	0.21	-0.6	-0.42	-0.01	0.46	0.02	0.82	0.76	0.34	0.21	0.65	-0.45	0.45

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Exide Industries Account Relationship Matchups

Exide Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	243.7B	286.9B	139.1B	140.5B	181.5B	127.9B
Total Stockholder Equity	64.7B	72.7B	105.8B	112.1B	128.9B	135.3B
Property Plant And Equipment Net	30.7B	34.2B	35.9B	29.3B	49.3B	51.7B
Non Current Assets Total	189.6B	224.3B	87.9B	89.7B	119.0B	91.9B
Liabilities And Stockholders Equity	243.7B	286.9B	139.1B	140.5B	181.5B	127.9B
Inventory	24.1B	26.4B	28.6B	29.9B	38.7B	40.6B
Other Stockholder Equity	14.7B	(52.0B)	(54.7B)	7.4B	(114.4B)	7.7B
Total Liab	178.5B	213.7B	32.9B	28.4B	52.5B	78.0B
Total Current Assets	54.1B	62.6B	51.2B	50.9B	62.5B	36.0B
Accumulated Other Comprehensive Income	(13.4B)	4.3B	(7.9B)	(10.4B)	38.9M	40.8M
Short Long Term Debt Total	2.0B	5.1B	5.2B	4.5B	11.2B	11.8B
Other Current Liab	16.5B	21.2B	5.7B	3.2B	11.5B	7.8B
Total Current Liabilities	32.5B	48.0B	28.2B	25.0B	44.5B	28.0B
Net Debt	(1.3B)	1.7B	3.3B	2.1B	8.0B	8.4B
Retained Earnings	53.8B	60.2B	105.5B	113.5B	120.6B	126.6B
Accounts Payable	16.1B	23.7B	18.5B	15.3B	27.1B	15.0B
Cash	3.3B	3.4B	1.9B	681.2M	3.3B	2.4B
Non Currrent Assets Other	3.8B	10.2B	1.5B	14.0B	9.9B	7.4B
Cash And Short Term Investments	13.4B	18.9B	9.0B	6.7B	5.8B	11.5B
Non Current Liabilities Total	146.0B	165.6B	4.7B	3.4B	8.0B	7.6B
Other Current Assets	16.5B	7.0B	2.7B	1.5B	4.2B	6.8B
Net Receivables	14.4B	15.2B	11.8B	12.7B	13.8B	12.0B
Intangible Assets	907.5M	981.4M	928M	257.4M	2.3B	2.5B
Current Deferred Revenue	(860.9M)	21.2B	5.7B	6.5B	1.0B	974.4M
Short Term Investments	10.1B	15.5B	7.1B	6.0B	2.6B	2.5B
Short Term Debt	860.9M	819.4M	1.4B	68.1M	4.9B	5.1B
Other Liab	129.2B	144.9B	161.4B	851.9M	979.7M	930.7M
Net Tangible Assets	54.5B	57.9B	65.9B	104.4B	120.1B	126.1B
Other Assets	4.8B	6.0B	2.4B	2.6B	2.3B	2.2B
Long Term Debt	88.5M	855.8M	823.6M	1.4B	2.2B	2.3B
Short Long Term Debt	618M	466.7M	1.3B	1.4B	4.8B	5.0B
Property Plant Equipment	29.8B	33.5B	35.6B	39.2B	45.1B	27.1B
Long Term Debt Total	1.1B	4.3B	3.8B	4.4B	5.1B	5.3B
Non Current Liabilities Other	2.0B	2.7B	5.0B	5.6B	6.4B	3.7B
Cash And Equivalents	1.4B	730.4M	400K	156.7M	141.0M	134.0M
Net Invested Capital	65.4B	74.0B	107.9B	112.1B	135.8B	96.2B

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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.

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Exide Gross Profit vs Total Operating Expenses Analysis

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Gross Profit

Total Operating Expenses

Exide Industries fundamental ratios Correlations

Exide Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Exide Industries fundamental ratios Accounts

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Other Information on Investing in Exide Stock

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COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Common Stock Shares Outstanding
Inventory	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.97	Total Liab
Net Debt	+ 0.96	Short Long Term Debt Total

Good Will	- 0.81	Net Debt
Good Will	- 0.7	Short Long Term Debt Total
Good Will	- 0.69	Retained Earnings
Good Will	- 0.62	Total Stockholder Equity
Short Term Investments	- 0.6	Net Debt
Good Will	- 0.59	Property Plant And Equipment Net