Hindustan Income Before Tax vs Cost Of Revenue Analysis

HINDZINC   390.80  20.95  5.09%   
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 Income Before Tax 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 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.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Zinc Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hindustan Zinc's Income Before Tax and Cost Of Revenue is 0.87. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue 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 Income Before Tax 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 Income Before Tax of Hindustan Zinc 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 Income Before Tax i.e., Hindustan Zinc's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Cost Of Revenue

Cost of Revenue is found on Hindustan Zinc income statement and represents the costs associated with goods and services Hindustan Zinc 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 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 28th of February 2025, Tax Provision is likely to grow to about 30 B, while Selling General Administrative is likely to drop about 265.1 M.
 2022 2023 2024 2025 (projected)
Interest Expense3.3B9.6B11.0B11.5B
Depreciation And Amortization32.6B34.7B39.9B41.9B

Hindustan Zinc fundamental ratios Correlations

0.290.610.420.80.520.010.680.13-0.040.680.120.83-0.04-0.060.00.50.360.00.320.890.190.77-0.020.360.64
0.290.310.71-0.160.410.75-0.320.7-0.490.46-0.160.04-0.360.450.710.450.220.030.830.10.630.350.70.230.02
0.610.310.710.290.080.160.25-0.01-0.330.25-0.170.57-0.45-0.1-0.120.180.470.140.50.65-0.020.230.130.490.69
0.420.710.71-0.140.480.78-0.260.57-0.620.54-0.330.08-0.680.280.420.580.50.030.940.210.490.350.760.660.11
0.8-0.160.29-0.140.11-0.490.9-0.280.340.290.350.890.33-0.25-0.330.060.110.0-0.240.88-0.150.52-0.510.060.71
0.520.410.080.480.110.560.020.67-0.390.96-0.18-0.01-0.250.290.530.910.1-0.290.570.080.670.710.480.26-0.22
0.010.750.160.78-0.490.56-0.650.82-0.760.52-0.42-0.44-0.640.50.740.590.32-0.10.89-0.30.750.130.880.46-0.37
0.68-0.320.25-0.260.90.02-0.65-0.50.440.140.350.840.48-0.53-0.59-0.060.10.03-0.430.81-0.460.4-0.56-0.010.69
0.130.7-0.010.57-0.280.670.82-0.5-0.510.63-0.32-0.3-0.380.60.910.62-0.020.010.79-0.220.870.380.680.14-0.41
-0.04-0.49-0.33-0.620.34-0.39-0.760.44-0.51-0.420.370.30.75-0.25-0.38-0.35-0.240.06-0.630.21-0.480.14-0.44-0.34-0.01
0.680.460.250.540.290.960.520.140.63-0.42-0.130.2-0.330.290.490.880.14-0.270.610.280.660.760.40.30.01
0.12-0.16-0.17-0.330.35-0.18-0.420.35-0.320.37-0.130.320.43-0.2-0.35-0.16-0.160.31-0.390.23-0.370.13-0.36-0.140.21
0.830.040.570.080.89-0.01-0.440.84-0.30.30.20.320.18-0.26-0.33-0.020.150.13-0.070.96-0.230.51-0.40.070.87
-0.04-0.36-0.45-0.680.33-0.25-0.640.48-0.380.75-0.330.430.18-0.38-0.35-0.27-0.20.09-0.660.15-0.440.01-0.43-0.36-0.01
-0.060.45-0.10.28-0.250.290.5-0.530.6-0.250.29-0.2-0.26-0.380.720.33-0.14-0.150.5-0.260.720.260.380.0-0.36
0.00.71-0.120.42-0.330.530.74-0.590.91-0.380.49-0.35-0.33-0.350.720.48-0.13-0.170.71-0.290.920.30.6-0.04-0.44
0.50.450.180.580.060.910.59-0.060.62-0.350.88-0.16-0.02-0.270.330.480.26-0.280.630.120.650.680.570.48-0.23
0.360.220.470.50.110.10.320.1-0.02-0.240.14-0.160.15-0.2-0.14-0.130.260.250.330.380.00.130.340.830.2
0.00.030.140.030.0-0.29-0.10.030.010.06-0.270.310.130.09-0.15-0.17-0.280.25-0.040.17-0.280.0-0.140.030.14
0.320.830.50.94-0.240.570.89-0.430.79-0.630.61-0.39-0.07-0.660.50.710.630.33-0.040.050.730.380.820.49-0.09
0.890.10.650.210.880.08-0.30.81-0.220.210.280.230.960.15-0.26-0.290.120.380.170.05-0.160.54-0.270.290.83
0.190.63-0.020.49-0.150.670.75-0.460.87-0.480.66-0.37-0.23-0.440.720.920.650.0-0.280.73-0.160.430.560.16-0.36
0.770.350.230.350.520.710.130.40.380.140.760.130.510.010.260.30.680.130.00.380.540.430.20.170.1
-0.020.70.130.76-0.510.480.88-0.560.68-0.440.4-0.36-0.4-0.430.380.60.570.34-0.140.82-0.270.560.20.52-0.46
0.360.230.490.660.060.260.46-0.010.14-0.340.3-0.140.07-0.360.0-0.040.480.830.030.490.290.160.170.520.1
0.640.020.690.110.71-0.22-0.370.69-0.41-0.010.010.210.87-0.01-0.36-0.44-0.230.20.14-0.090.83-0.360.1-0.460.1
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Hindustan Zinc Account Relationship Matchups

Hindustan Zinc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets457.3B446.7B354.7B339.0B389.8B355.3B
Short Long Term Debt Total72.0B31.2B121.9B91.2B104.9B110.1B
Other Current Liab20.5B27.9B36.7B20.2B23.3B28.6B
Total Current Liabilities78.8B60.9B174.5B108.4B124.7B130.9B
Total Stockholder Equity323.1B342.8B129.3B152.0B174.7B271.0B
Property Plant And Equipment Net187.9B195.2B197.7B196.7B226.2B124.0B
Net Debt68.9B15.3B121.3B90.7B104.3B109.5B
Retained Earnings210.8B231.2B121.2B39.9B45.9B43.6B
Accounts Payable15.5B20.4B20.9B21.1B24.2B25.4B
Cash3.1B15.9B590M530M477M453.2M
Non Current Assets Total211.6B206.9B206.6B212.7B244.6B166.9B
Non Currrent Assets Other11.8B2.8B2.9B8.4B7.6B7.2B
Cash And Short Term Investments179.6B172.9B113.5B100.2B115.2B156.6B
Net Receivables5.0B8.3B3.8B1.6B1.4B1.3B
Liabilities And Stockholders Equity457.3B446.7B354.7B339.0B389.8B355.3B
Non Current Liabilities Total55.4B43.0B50.8B78.6B90.4B94.9B
Inventory14.3B19.5B18.6B20.2B23.2B12.6B
Other Current Assets47.1B4.2B12.5B4.3B5.0B4.7B
Other Stockholder Equity103.8B103.2B(25.8B)(39.9B)(35.9B)(34.1B)
Total Liab134.1B103.9B225.4B187B215.1B225.8B
Total Current Assets245.7B239.8B148.0B126.3B145.2B188.4B
Accumulated Other Comprehensive Income103.8B103.2B103.5B103.6B119.1B125.0B
Intangible Assets1.2B1.2B920M1.8B2.1B2.2B
Short Term Debt28.8B10.1B106.7B47.0B54.0B56.7B
Current Deferred Revenue28.5B25.8B30.1B15.4B17.7B29.9B
Short Term Investments176.5B157.0B112.9B99.7B89.7B154.4B
Other Liab12.3B12.2B21.8B35.6B41.0B43.0B
Net Tangible Assets400.6B319.5B340.5B128.4B115.6B109.8B
Other Assets32B24.3B12.1B2.9B2.6B2.5B
Property Plant Equipment187.1B183.7B192.4B197.7B227.3B170.4B
Long Term Debt Total220M43.2B21.2B15.2B17.5B12.5B
Short Long Term Debt21.6B7.1B106.5B46.1B53.0B40.1B
Net Invested Capital387.9B371.0B250.8B240.5B216.5B272.0B
Net Working Capital166.9B178.9B(26.5B)17.8B16.1B15.3B
Long Term Debt43.1B21.1B15B42.5B48.8B26.8B
Capital Lease Obligations240M210M400M2.7B3.1B3.2B
Property Plant And Equipment Gross342.2B374.3B197.7B196.7B177.0B229.2B

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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.