India Non Operating Income Net Other vs Interest Income Analysis

IGC Stock  USD 0.36  0.01  2.86%   
India Globalization financial indicator trend analysis is infinitely more than just investigating India Globalization recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether India Globalization is a good investment. Please check the relationship between India Globalization Non Operating Income Net Other and its Interest Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Non Operating Income Net Other vs Interest Income

Non Operating Income Net Other vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of India Globalization Non Operating Income Net Other account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between India Globalization's Non Operating Income Net Other and Interest Income is 0.2. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Interest Income in the same time period over historical financial statements of India Globalization Capital, assuming nothing else is changed. The correlation between historical values of India Globalization's Non Operating Income Net Other and Interest 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 Non Operating Income Net Other of India Globalization Capital are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Non Operating Income Net Other i.e., India Globalization's Non Operating Income Net Other and Interest Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Operating Income Net Other

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.
Most indicators from India Globalization's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into India Globalization 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 India Globalization Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
The current year's Issuance Of Capital Stock is expected to grow to about 6.8 M, whereas Selling General Administrative is forecasted to decline to about 5.2 M.

India Globalization fundamental ratios Correlations

-0.270.350.110.97-0.310.570.3-0.390.93-0.16-0.370.820.72-0.050.070.680.96-0.17-0.15-0.40.630.360.810.70.81
-0.27-0.420.12-0.40.620.53-0.520.48-0.37-0.83-0.69-0.160.20.20.820.22-0.390.77-0.83-0.460.37-0.21-0.15-0.49-0.09
0.35-0.420.290.310.06-0.25-0.13-0.520.450.370.370.510.340.09-0.310.360.47-0.240.380.040.180.060.530.660.5
0.110.120.29-0.030.380.06-0.40.290.01-0.09-0.130.180.330.440.130.520.040.33-0.090.230.420.270.20.190.24
0.97-0.40.31-0.03-0.50.440.49-0.420.910.01-0.210.720.55-0.07-0.10.490.94-0.320.01-0.340.430.410.70.660.69
-0.310.620.060.38-0.50.23-0.990.17-0.27-0.55-0.390.130.370.020.60.41-0.310.52-0.55-0.260.45-0.250.15-0.020.18
0.570.53-0.250.060.440.23-0.17-0.020.49-0.85-0.950.570.76-0.120.720.720.470.49-0.85-0.670.84-0.020.560.150.6
0.3-0.52-0.13-0.40.49-0.99-0.17-0.110.240.470.32-0.17-0.370.01-0.52-0.410.28-0.450.470.21-0.430.24-0.18-0.06-0.21
-0.390.48-0.520.29-0.420.17-0.02-0.11-0.68-0.26-0.23-0.65-0.310.590.33-0.2-0.630.2-0.250.32-0.170.4-0.63-0.6-0.58
0.93-0.370.450.010.91-0.270.490.24-0.68-0.07-0.240.920.73-0.3-0.020.650.99-0.18-0.07-0.40.60.10.910.780.89
-0.16-0.830.37-0.090.01-0.55-0.850.47-0.26-0.070.94-0.27-0.610.04-0.96-0.58-0.03-0.691.00.58-0.730.22-0.280.1-0.33
-0.37-0.690.37-0.13-0.21-0.39-0.950.32-0.23-0.240.94-0.38-0.680.0-0.85-0.67-0.22-0.550.940.6-0.80.02-0.390.01-0.44
0.82-0.160.510.180.720.130.57-0.17-0.650.92-0.27-0.380.89-0.310.20.830.890.0-0.27-0.50.790.01.00.810.99
0.720.20.340.330.550.370.76-0.37-0.310.73-0.61-0.680.89-0.120.550.970.70.29-0.61-0.520.96-0.040.90.620.92
-0.050.20.090.44-0.070.02-0.120.010.59-0.30.040.0-0.31-0.120.040.01-0.210.10.030.11-0.110.47-0.3-0.31-0.27
0.070.82-0.310.13-0.10.60.72-0.520.33-0.02-0.96-0.850.20.550.040.54-0.050.64-0.96-0.480.66-0.250.21-0.090.27
0.680.220.360.520.490.410.72-0.41-0.20.65-0.58-0.670.830.970.010.540.640.36-0.58-0.450.970.030.850.590.87
0.96-0.390.470.040.94-0.310.470.28-0.630.99-0.03-0.220.890.7-0.21-0.050.64-0.22-0.03-0.390.570.20.880.780.87
-0.170.77-0.240.33-0.320.520.49-0.450.2-0.18-0.69-0.550.00.290.10.640.36-0.22-0.69-0.310.45-0.460.01-0.310.04
-0.15-0.830.38-0.090.01-0.55-0.850.47-0.25-0.071.00.94-0.27-0.610.03-0.96-0.58-0.03-0.690.59-0.730.23-0.280.1-0.33
-0.4-0.460.040.23-0.34-0.26-0.670.210.32-0.40.580.6-0.5-0.520.11-0.48-0.45-0.39-0.310.59-0.530.14-0.49-0.18-0.5
0.630.370.180.420.430.450.84-0.43-0.170.6-0.73-0.80.790.96-0.110.660.970.570.45-0.73-0.53-0.050.80.480.84
0.36-0.210.060.270.41-0.25-0.020.240.40.10.220.020.0-0.040.47-0.250.030.2-0.460.230.14-0.05-0.010.130.01
0.81-0.150.530.20.70.150.56-0.18-0.630.91-0.28-0.391.00.9-0.30.210.850.880.01-0.28-0.490.8-0.010.81.0
0.7-0.490.660.190.66-0.020.15-0.06-0.60.780.10.010.810.62-0.31-0.090.590.78-0.310.1-0.180.480.130.80.78
0.81-0.090.50.240.690.180.6-0.21-0.580.89-0.33-0.440.990.92-0.270.270.870.870.04-0.33-0.50.840.011.00.78
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India Globalization Account Relationship Matchups

India Globalization fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.0M35.9M26.8M17.2M9.9M9.4M
Short Long Term Debt Total535K985K488K481K345K327.8K
Other Current Liab298K1.6M1.3M1.2M1.4M1.5M
Total Current Liabilities1.9M2.4M2.4M1.9M2.3M3.3M
Total Stockholder Equity26.5M32.8M23.9M14.9M7.3M7.0M
Net Debt(6.7M)(13.6M)(10.0M)(2.7M)(853K)(895.7K)
Retained Earnings(65.4M)(74.1M)(89.2M)(100.7M)(113.7M)(108.0M)
Cash7.3M14.5M10.5M3.2M1.2M1.1M
Non Current Assets Total11.2M12.4M11.7M10.7M6.2M10.9M
Cash And Short Term Investments12.3M14.6M10.5M3.4M1.2M1.1M
Common Stock Total Equity63.9M94.0M94.8M109.7M126.2M132.5M
Common Stock Shares Outstanding39.5M42.0M50.0M52.6M58.8M61.8M
Liabilities And Stockholders Equity29.0M35.9M26.8M17.2M9.9M9.4M
Non Current Liabilities Total15K501K696K369K241K229.0K
Other Current Assets1.0M3.3M974K548K1.0M1.3M
Other Stockholder Equity150K(2.8M)(3.0M)(3.4M)(3.1M)(2.9M)
Total Liab2.4M3.1M2.9M2.3M2.6M2.5M
Total Current Assets17.8M23.5M15.1M6.5M3.7M3.5M
Common Stock94.8M109.7M116.0M119.0M124.4M130.6M
Non Currrent Assets Other610K603K937K1.0M688K1.4M
Net Receivables133K175K125K107K39K37.1K
Property Plant And Equipment Net10.4M11.3M9.9M8.5M3.9M7.3M
Accounts Payable762K476K981K530K773K530.4K
Inventory4.2M5.5M3.5M2.7M1.5M1.6M
Property Plant And Equipment Gross10.4M11.3M13.1M10.5M6.3M7.8M
Accumulated Other Comprehensive Income(2.9M)(2.8M)(3.0M)(3.4M)(3.4M)(3.6M)
Net Tangible Assets26.3M32.4M23.0M13.7M15.8M18.9M
Other Assets610K603K(1K)1.0M902.7K1.1M
Retained Earnings Total Equity(53.8M)(58.1M)(65.4M)(74.1M)(66.7M)(70.1M)

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When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.20)
Revenue Per Share
0.017
Quarterly Revenue Growth
(0.51)
Return On Assets
(0.48)
Return On Equity
(1.26)
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.