Hindustan Ebitda vs Income Before Tax Analysis

HINDZINC

504.60 10.55 2.14%

Hindustan Zinc financial indicator trend analysis is much more than just examining Hindustan Zinc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Zinc is a good investment. Please check the relationship between Hindustan Zinc Ebitda and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Zinc 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.

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Zinc Ebitda account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hindustan Zinc's Ebitda and Income Before Tax is 0.98. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Hindustan Zinc Limited, assuming nothing else is changed. The correlation between historical values of Hindustan Zinc's Ebitda and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Hindustan Zinc Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Ebitda i.e., Hindustan Zinc's Ebitda and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Hindustan Zinc income statement and is an important metric when analyzing Hindustan Zinc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most indicators from Hindustan Zinc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Zinc 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 Hindustan Zinc 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, Tax Provision is likely to grow to about 30 B, while Selling General Administrative is likely to drop about 294.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.7B	3.3B	9.6B	10.0B
Depreciation And Amortization	29.2B	32.6B	34.7B	36.4B

Interest Expense Depreciation And Amortization

Hindustan Zinc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Term Debt	Current Deferred Revenue	Short Term Investments
Total Assets		0.33	0.61	0.47	0.83	0.57	0.02	0.73	0.16	-0.04	0.73	0.12	0.85	-0.05	-0.09	0.02	0.57	0.36	0.0	0.37	0.91	0.25	0.74	-0.01	0.36	0.68
Short Long Term Debt Total	0.33		0.37	0.63	-0.08	0.35	0.7	-0.21	0.64	-0.46	0.41	-0.12	0.13	-0.29	0.3	0.65	0.39	0.28	0.07	0.79	0.2	0.55	0.34	0.66	0.26	0.16
Other Current Liab	0.61	0.37		0.77	0.28	0.13	0.21	0.24	0.03	-0.36	0.3	-0.18	0.57	-0.5	-0.05	-0.1	0.25	0.46	0.14	0.58	0.65	0.03	0.23	0.16	0.49	0.71
Total Current Liabilities	0.47	0.63	0.77		-0.08	0.48	0.69	-0.08	0.44	-0.57	0.53	-0.27	0.17	-0.6	-0.06	0.23	0.6	0.58	0.09	0.88	0.31	0.31	0.35	0.7	0.68	0.23
Total Stockholder Equity	0.83	-0.08	0.28	-0.08		0.25	-0.45	0.89	-0.19	0.31	0.42	0.33	0.88	0.28	-0.06	-0.25	0.21	0.09	-0.03	-0.16	0.87	-0.02	0.54	-0.48	0.05	0.68
Property Plant And Equipment Net	0.57	0.35	0.13	0.48	0.25		0.51	0.19	0.65	-0.35	0.96	-0.14	0.09	-0.16	-0.08	0.46	0.9	0.16	-0.28	0.54	0.2	0.65	0.71	0.44	0.31	-0.09
Net Debt	0.02	0.7	0.21	0.69	-0.45	0.51		-0.58	0.78	-0.77	0.47	-0.4	-0.4	-0.61	0.36	0.69	0.53	0.39	-0.06	0.87	-0.25	0.7	0.11	0.87	0.52	-0.29
Retained Earnings	0.73	-0.21	0.24	-0.08	0.89	0.19	-0.58		-0.39	0.41	0.3	0.32	0.83	0.42	-0.45	-0.5	0.13	0.07	0.0	-0.32	0.8	-0.33	0.44	-0.5	-0.04	0.65
Accounts Payable	0.16	0.64	0.03	0.44	-0.19	0.65	0.78	-0.39		-0.49	0.6	-0.29	-0.23	-0.29	0.43	0.87	0.58	0.03	0.07	0.74	-0.13	0.82	0.39	0.64	0.18	-0.32
Cash	-0.04	-0.46	-0.36	-0.57	0.31	-0.35	-0.77	0.41	-0.49		-0.39	0.35	0.27	0.74	-0.19	-0.35	-0.31	-0.26	0.04	-0.62	0.18	-0.47	0.15	-0.41	-0.36	-0.08
Non Current Assets Total	0.73	0.41	0.3	0.53	0.42	0.96	0.47	0.3	0.6	-0.39		-0.08	0.31	-0.27	0.0	0.42	0.86	0.19	-0.25	0.58	0.39	0.65	0.75	0.35	0.34	0.15
Non Currrent Assets Other	0.12	-0.12	-0.18	-0.27	0.33	-0.14	-0.4	0.32	-0.29	0.35	-0.08		0.3	0.42	-0.15	-0.34	-0.12	-0.18	0.3	-0.37	0.2	-0.36	0.14	-0.34	-0.15	0.17
Cash And Short Term Investments	0.85	0.13	0.57	0.17	0.88	0.09	-0.4	0.83	-0.23	0.27	0.31	0.3		0.13	-0.12	-0.26	0.1	0.13	0.11	0.02	0.96	-0.14	0.52	-0.37	0.05	0.86
Net Receivables	-0.05	-0.29	-0.5	-0.6	0.28	-0.16	-0.61	0.42	-0.29	0.74	-0.27	0.42	0.13		-0.29	-0.24	-0.17	-0.24	0.06	-0.62	0.09	-0.36	0.03	-0.38	-0.39	-0.12
Common Stock Shares Outstanding	-0.09	0.3	-0.05	-0.06	-0.06	-0.08	0.36	-0.45	0.43	-0.19	0.0	-0.15	-0.12	-0.29		0.57	-0.08	-0.12	-0.11	0.33	-0.13	0.56	-0.07	0.25	0.08	-0.14
Non Current Liabilities Total	0.02	0.65	-0.1	0.23	-0.25	0.46	0.69	-0.5	0.87	-0.35	0.42	-0.34	-0.26	-0.24	0.57		0.36	-0.09	-0.13	0.64	-0.22	0.87	0.31	0.55	-0.03	-0.34
Inventory	0.57	0.39	0.25	0.6	0.21	0.9	0.53	0.13	0.58	-0.31	0.86	-0.12	0.1	-0.17	-0.08	0.36		0.34	-0.27	0.6	0.25	0.61	0.69	0.54	0.57	-0.08
Other Current Assets	0.36	0.28	0.46	0.58	0.09	0.16	0.39	0.07	0.03	-0.26	0.19	-0.18	0.13	-0.24	-0.12	-0.09	0.34		0.24	0.42	0.37	0.07	0.14	0.39	0.83	0.18
Other Stockholder Equity	0.0	0.07	0.14	0.09	-0.03	-0.28	-0.06	0.0	0.07	0.04	-0.25	0.3	0.11	0.06	-0.11	-0.13	-0.27	0.24		0.0	0.15	-0.28	0.01	-0.11	0.02	0.11
Total Liab	0.37	0.79	0.58	0.88	-0.16	0.54	0.87	-0.32	0.74	-0.62	0.58	-0.37	0.02	-0.62	0.33	0.64	0.6	0.42	0.0		0.16	0.66	0.38	0.8	0.55	0.05
Total Current Assets	0.91	0.2	0.65	0.31	0.87	0.2	-0.25	0.8	-0.13	0.18	0.39	0.2	0.96	0.09	-0.13	-0.22	0.25	0.37	0.15	0.16		-0.05	0.55	-0.22	0.28	0.82
Intangible Assets	0.25	0.55	0.03	0.31	-0.02	0.65	0.7	-0.33	0.82	-0.47	0.65	-0.36	-0.14	-0.36	0.56	0.87	0.61	0.07	-0.28	0.66	-0.05		0.47	0.5	0.22	-0.24
Common Stock	0.74	0.34	0.23	0.35	0.54	0.71	0.11	0.44	0.39	0.15	0.75	0.14	0.52	0.03	-0.07	0.31	0.69	0.14	0.01	0.38	0.55	0.47		0.18	0.16	0.13
Short Term Debt	-0.01	0.66	0.16	0.7	-0.48	0.44	0.87	-0.5	0.64	-0.41	0.35	-0.34	-0.37	-0.38	0.25	0.55	0.54	0.39	-0.11	0.8	-0.22	0.5	0.18		0.55	-0.41
Current Deferred Revenue	0.36	0.26	0.49	0.68	0.05	0.31	0.52	-0.04	0.18	-0.36	0.34	-0.15	0.05	-0.39	0.08	-0.03	0.57	0.83	0.02	0.55	0.28	0.22	0.16	0.55		0.08
Short Term Investments	0.68	0.16	0.71	0.23	0.68	-0.09	-0.29	0.65	-0.32	-0.08	0.15	0.17	0.86	-0.12	-0.14	-0.34	-0.08	0.18	0.11	0.05	0.82	-0.24	0.13	-0.41	0.08

Click cells to compare fundamentals

Hindustan Zinc Account Relationship Matchups

Hindustan Zinc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	469.8B	457.3B	446.7B	354.7B	339.0B	355.3B
Short Long Term Debt Total	6.4B	72.0B	31.2B	121.9B	91.2B	95.8B
Other Current Liab	32.8B	20.5B	27.9B	36.7B	20.2B	28.6B
Total Current Liabilities	54.1B	78.8B	60.9B	174.5B	108.4B	61.8B
Total Stockholder Equity	403.1B	323.1B	342.8B	129.3B	152.0B	271.0B
Property Plant And Equipment Net	190.8B	187.9B	195.2B	197.7B	196.7B	124.0B
Net Debt	(12.4B)	68.9B	15.3B	121.3B	90.7B	95.2B
Retained Earnings	290.8B	210.8B	231.2B	121.2B	39.9B	37.9B
Accounts Payable	2.7B	15.5B	20.4B	20.9B	21.1B	22.1B
Cash	18.8B	3.1B	15.9B	590M	530M	503.5M
Non Current Assets Total	221.6B	211.6B	206.9B	206.6B	212.7B	166.9B
Non Currrent Assets Other	11.6B	11.8B	2.8B	2.9B	8.4B	8.0B
Cash And Short Term Investments	222.3B	179.6B	172.9B	113.5B	100.2B	156.6B
Net Receivables	4.3B	5.0B	8.3B	3.8B	1.6B	1.5B
Liabilities And Stockholders Equity	469.8B	457.3B	446.7B	354.7B	339.0B	355.3B
Non Current Liabilities Total	12.5B	55.4B	43.0B	50.8B	78.6B	82.5B
Inventory	18.4B	14.3B	19.5B	18.6B	20.2B	12.6B
Other Stockholder Equity	(637.8B)	103.8B	103.2B	(25.8B)	(39.9B)	(37.9B)
Total Liab	66.7B	134.1B	103.9B	225.4B	187B	196.4B
Total Current Assets	248.1B	245.7B	239.8B	148.0B	126.3B	188.4B
Accumulated Other Comprehensive Income	(130.9B)	103.8B	103.2B	103.5B	103.6B	108.7B
Intangible Assets	980M	1.2B	1.2B	920M	1.8B	1.9B
Short Term Debt	6.2B	28.8B	10.1B	106.7B	47.0B	49.3B
Current Deferred Revenue	29.1B	28.5B	25.8B	30.1B	15.4B	29.9B
Short Term Investments	203.5B	176.5B	157.0B	112.9B	99.7B	154.4B
Other Liab	12.3B	12.2B	21.8B	35.6B	41.0B	43.0B
Net Tangible Assets	400.6B	319.5B	340.5B	128.4B	115.6B	109.8B
Other Assets	32B	24.3B	12.1B	2.9B	2.6B	2.5B
Property Plant Equipment	187.1B	183.7B	192.4B	197.7B	227.3B	170.4B
Long Term Debt Total	220M	43.2B	21.2B	15.2B	17.5B	12.5B
Short Long Term Debt	6.1B	21.6B	7.1B	106.5B	46.1B	40.1B
Net Invested Capital	409.2B	387.9B	371.0B	250.8B	240.5B	272.0B
Net Working Capital	194B	166.9B	178.9B	(26.5B)	17.8B	16.9B

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Hindustan Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hindustan Ebitda vs Income Before Tax Analysis

Ebitda vs Income Before Tax

Ebitda vs Income Before Tax Correlation Analysis

Correlation Coefficient

Ebitda

Income Before Tax

Hindustan Zinc fundamental ratios Correlations

Hindustan Zinc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hindustan Zinc fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Hindustan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Total Current Assets	+ 0.96	Cash And Short Term Investments
Total Current Assets	+ 0.91	Total Assets
Inventory	+ 0.9	Property Plant And Equipment Net
Retained Earnings	+ 0.89	Total Stockholder Equity
Total Liab	+ 0.88	Total Current Liabilities

Cash	- 0.77	Net Debt
Total Liab	- 0.62	Net Receivables
Total Liab	- 0.62	Cash
Net Receivables	- 0.61	Net Debt
Net Receivables	- 0.6	Total Current Liabilities
Retained Earnings	- 0.58	Net Debt