HFCL Interest Income vs Cost Of Revenue Analysis

HFCL Stock   133.19  0.35  0.26%   
HFCL financial indicator trend analysis is much more than just examining HFCL Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HFCL Limited is a good investment. Please check the relationship between HFCL Interest Income and its Cost Of Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HFCL 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 board of governors.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HFCL Limited Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between HFCL's Interest Income and Cost Of Revenue is 0.61. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of HFCL Limited, assuming nothing else is changed. The correlation between historical values of HFCL's Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of HFCL Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., HFCL's Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on HFCL Limited income statement and represents the costs associated with goods and services HFCL provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from HFCL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HFCL Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HFCL 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 board of governors.
Issuance Of Capital Stock is likely to gain to about 4.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 457.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense745.3M1.5B1.5B2.1B
Depreciation And Amortization783.6M829.7M817.9M564.5M

HFCL fundamental ratios Correlations

0.570.880.850.840.720.620.71-0.460.680.830.520.860.770.38-0.080.840.270.480.860.880.620.07-0.6-0.620.81
0.570.470.220.410.940.990.26-0.180.820.320.580.240.350.560.690.36-0.020.430.640.350.540.83-0.7-0.030.19
0.880.470.80.730.580.510.58-0.290.60.70.490.690.740.32-0.070.770.250.410.810.80.580.02-0.4-0.490.7
0.850.220.80.620.380.310.9-0.580.280.730.060.90.560.09-0.410.650.330.090.850.830.26-0.32-0.4-0.540.75
0.840.410.730.620.530.440.49-0.380.560.770.720.690.930.25-0.10.980.290.780.540.930.860.03-0.48-0.680.94
0.720.940.580.380.530.950.35-0.240.870.510.630.40.490.660.510.490.050.480.720.460.560.71-0.67-0.160.33
0.620.990.510.310.440.950.33-0.330.820.370.540.310.40.550.650.390.040.430.710.40.540.78-0.72-0.020.24
0.710.260.580.90.490.350.33-0.60.120.62-0.10.850.310.07-0.350.50.35-0.050.770.750.08-0.22-0.54-0.540.65
-0.46-0.18-0.29-0.58-0.38-0.24-0.33-0.6-0.11-0.40.07-0.59-0.35-0.040.14-0.33-0.34-0.11-0.52-0.54-0.220.110.510.17-0.45
0.680.820.60.280.560.870.820.12-0.110.560.750.270.630.540.590.51-0.040.60.640.410.70.62-0.38-0.060.3
0.830.320.70.730.770.510.370.62-0.40.560.530.760.70.45-0.20.770.110.510.660.780.48-0.07-0.32-0.590.74
0.520.580.490.060.720.630.54-0.10.070.750.530.170.710.590.390.71-0.050.890.230.460.840.5-0.31-0.360.47
0.860.240.690.90.690.40.310.85-0.590.270.760.170.530.16-0.440.710.210.250.730.840.32-0.28-0.55-0.740.8
0.770.350.740.560.930.490.40.31-0.350.630.70.710.530.19-0.040.910.270.770.510.830.90.01-0.27-0.460.83
0.380.560.320.090.250.660.550.07-0.040.540.450.590.160.190.360.29-0.110.310.330.160.190.54-0.45-0.250.09
-0.080.69-0.07-0.41-0.10.510.65-0.350.140.59-0.20.39-0.44-0.040.36-0.17-0.220.180.11-0.260.270.89-0.230.49-0.38
0.840.360.770.650.980.490.390.5-0.330.510.770.710.710.910.29-0.170.260.730.540.940.81-0.03-0.46-0.740.95
0.27-0.020.250.330.290.050.040.35-0.34-0.040.11-0.050.210.27-0.11-0.220.260.010.210.370.16-0.14-0.31-0.290.39
0.480.430.410.090.780.480.43-0.05-0.110.60.510.890.250.770.310.180.730.010.120.530.90.34-0.27-0.330.57
0.860.640.810.850.540.720.710.77-0.520.640.660.230.730.510.330.110.540.210.120.690.350.17-0.57-0.290.53
0.880.350.80.830.930.460.40.75-0.540.410.780.460.840.830.16-0.260.940.370.530.690.67-0.13-0.54-0.720.97
0.620.540.580.260.860.560.540.08-0.220.70.480.840.320.90.190.270.810.160.90.350.670.33-0.36-0.320.67
0.070.830.02-0.320.030.710.78-0.220.110.62-0.070.5-0.280.010.540.89-0.03-0.140.340.17-0.130.33-0.440.32-0.25
-0.6-0.7-0.4-0.4-0.48-0.67-0.72-0.540.51-0.38-0.32-0.31-0.55-0.27-0.45-0.23-0.46-0.31-0.27-0.57-0.54-0.36-0.440.46-0.44
-0.62-0.03-0.49-0.54-0.68-0.16-0.02-0.540.17-0.06-0.59-0.36-0.74-0.46-0.250.49-0.74-0.29-0.33-0.29-0.72-0.320.320.46-0.8
0.810.190.70.750.940.330.240.65-0.450.30.740.470.80.830.09-0.380.950.390.570.530.970.67-0.25-0.44-0.8
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HFCL Account Relationship Matchups

HFCL fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.3B52.2B51.7B54.7B64.9B37.3B
Short Long Term Debt Total7.3B9.4B7.6B7.7B9.9B7.6B
Other Current Liab342.6M5.8B2.2B5.5B4.7B2.5B
Total Current Liabilities19.1B29.9B21.8B21.4B21.8B13.9B
Total Stockholder Equity16.7B19.2B28.0B31.1B39.6B41.5B
Property Plant And Equipment Net4.8B4.9B5.5B5.7B6.6B3.4B
Net Debt7.2B9.2B7.4B7.0B9.7B7.0B
Accounts Payable11.3B16.4B12.9B7.5B8.1B7.1B
Cash139.7M185M124.8M636.7M233.3M221.6M
Non Current Assets Total7.7B10.7B13.5B13.9B19.5B11.4B
Non Currrent Assets Other1.6B4.7B11.3B5.7B6.4B4.4B
Cash And Short Term Investments164.8M242.9M2.5B3.3B3.4B3.6B
Net Receivables18.1B26.3B27.5B22.1B28.5B14.5B
Common Stock Shares Outstanding1.3B1.3B1.3B1.4B1.4B1.4B
Short Term Investments25.1M57.9M2.3B2.7B51.9M49.3M
Liabilities And Stockholders Equity38.3B52.2B51.7B54.7B64.9B37.3B
Non Current Liabilities Total2.5B3.1B1.8B1.9B3.0B6.0B
Inventory3.4B4.4B5.7B7.6B7.7B8.1B
Other Current Assets7.1B5.5B2.5B5.2B5.7B6.0B
Other Stockholder Equity4.6B4.7B10.5B10.6B14.9B15.7B
Total Liab21.6B32.9B23.5B23.3B24.9B16.1B
Total Current Assets30.6B41.5B38.2B40.8B45.3B47.6B
Accumulated Other Comprehensive Income(96.2M)1.2B1.1B1.3B2.3B2.4B
Intangible Assets395.3M421.7M741M2.2B4.3B4.5B
Current Deferred Revenue2.3B2.2B477M39.8M844.2M1.6B
Retained Earnings10.8B12.0B15.0B17.9B20.9B22.0B
Short Term Debt5.2B6.7B6.2B8.2B8.1B4.5B
Other Liab319.6M365M350.4M697.2M801.8M841.9M
Net Tangible Assets16.0B18.5B27.0B28.7B33.0B34.6B
Other Assets1.7B4.9B6.7B395.5M454.8M432.1M
Long Term Debt2.0B2.5B1.2B1.1B1.7B1.5B
Short Long Term Debt5.1B5.9B6.1B6.4B8.1B4.9B
Property Plant Equipment4.7B4.8B5.4B5.7B6.6B3.4B
Long Term Debt Total2.2B2.7B1.4B1.2B1.0B1.7B
Net Invested Capital23.8B27.5B35.3B38.6B49.3B33.2B
Cash And Equivalents136.9M184M128M636.7M732.2M768.8M

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