Indian Cost Of Revenue vs Tax Provision Analysis

INDHOTEL   793.35  14.80  1.90%   
Indian Hotels financial indicator trend analysis is infinitely more than just investigating Indian Hotels recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Hotels is a good investment. Please check the relationship between Indian Hotels Cost Of Revenue and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The Indian Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Hotels Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have weak relationship.
The correlation between Indian Hotels' Cost Of Revenue and Tax Provision is 0.39. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of The Indian Hotels, assuming nothing else is changed. The correlation between historical values of Indian Hotels' Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of The Indian Hotels are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Indian Hotels' Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Indian Hotels income statement and represents the costs associated with goods and services Indian Hotels 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Indian Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Hotels 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 The Indian Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At present, Indian Hotels' Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense4.3B2.4B2.2B2.7B
Depreciation And Amortization4.1B4.2B4.5B3.1B

Indian Hotels fundamental ratios Correlations

0.280.820.660.720.970.190.070.030.370.980.470.640.120.730.710.140.870.140.680.420.680.240.87-0.130.28
0.280.250.53-0.140.460.98-0.59-0.23-0.20.390.33-0.06-0.41-0.190.010.910.460.22-0.060.95-0.050.73-0.030.160.27
0.820.250.770.590.80.210.12-0.250.10.840.640.470.210.60.590.120.76-0.020.440.460.530.210.80.150.3
0.660.530.770.260.740.54-0.2-0.26-0.20.770.390.11-0.220.30.240.240.630.090.190.660.140.720.590.220.4
0.72-0.140.590.260.61-0.230.590.00.50.630.090.910.240.90.95-0.240.47-0.070.9-0.060.94-0.190.72-0.20.14
0.970.460.80.740.610.38-0.07-0.020.270.980.470.540.040.640.620.30.90.190.60.580.580.420.77-0.120.34
0.190.980.210.54-0.230.38-0.57-0.19-0.380.330.33-0.2-0.37-0.29-0.10.90.40.28-0.180.95-0.180.73-0.10.250.27
0.07-0.590.12-0.20.59-0.07-0.570.10.060.01-0.290.430.430.570.48-0.6-0.21-0.130.38-0.560.44-0.530.270.05-0.27
0.03-0.23-0.25-0.260.0-0.02-0.190.1-0.170.070.12-0.190.38-0.09-0.16-0.030.160.650.09-0.15-0.16-0.310.01-0.22-0.21
0.37-0.20.1-0.20.50.27-0.380.06-0.170.19-0.080.74-0.090.570.57-0.230.16-0.370.61-0.270.69-0.230.37-0.54-0.07
0.980.390.840.770.630.980.330.010.070.190.510.50.120.630.60.240.90.250.580.550.550.350.82-0.040.34
0.470.330.640.390.090.470.33-0.290.12-0.080.510.070.230.010.160.450.660.090.020.540.12-0.010.430.240.16
0.64-0.060.470.110.910.54-0.20.43-0.190.740.50.070.040.830.97-0.140.4-0.280.87-0.060.99-0.20.61-0.260.06
0.12-0.410.21-0.220.240.04-0.370.430.38-0.090.120.230.040.260.08-0.150.170.230.05-0.220.12-0.590.12-0.20.17
0.73-0.190.60.30.90.64-0.290.57-0.090.570.630.010.830.260.84-0.340.45-0.160.81-0.120.85-0.10.72-0.40.07
0.710.010.590.240.950.62-0.10.48-0.160.570.60.160.970.080.84-0.080.48-0.20.870.050.98-0.140.66-0.130.1
0.140.910.120.24-0.240.30.9-0.6-0.03-0.230.240.45-0.14-0.15-0.34-0.080.430.33-0.150.89-0.110.44-0.20.120.21
0.870.460.760.630.470.90.4-0.210.160.160.90.660.40.170.450.480.430.370.540.630.460.340.61-0.160.24
0.140.22-0.020.09-0.070.190.28-0.130.65-0.370.250.09-0.280.23-0.16-0.20.330.370.080.3-0.220.19-0.1-0.09-0.08
0.68-0.060.440.190.90.6-0.180.380.090.610.580.020.870.050.810.87-0.150.540.08-0.030.88-0.030.57-0.39-0.08
0.420.950.460.66-0.060.580.95-0.56-0.15-0.270.550.54-0.06-0.22-0.120.050.890.630.3-0.03-0.020.680.120.20.35
0.68-0.050.530.140.940.58-0.180.44-0.160.690.550.120.990.120.850.98-0.110.46-0.220.88-0.02-0.20.62-0.260.09
0.240.730.210.72-0.190.420.73-0.53-0.31-0.230.35-0.01-0.2-0.59-0.1-0.140.440.340.19-0.030.68-0.20.00.020.19
0.87-0.030.80.590.720.77-0.10.270.010.370.820.430.610.120.720.66-0.20.61-0.10.570.120.620.00.090.19
-0.130.160.150.22-0.2-0.120.250.05-0.22-0.54-0.040.24-0.26-0.2-0.4-0.130.12-0.16-0.09-0.390.2-0.260.020.090.02
0.280.270.30.40.140.340.27-0.27-0.21-0.070.340.160.060.170.070.10.210.24-0.08-0.080.350.090.190.190.02
Click cells to compare fundamentals

Indian Hotels Account Relationship Matchups

Indian Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets115.2B115.1B130.9B136.7B148.6B103.6B
Short Long Term Debt Total45.0B55.2B38.9B31.4B27.4B39.6B
Other Current Liab8.7B8.6B8.1B9.5B10.5B8.5B
Total Current Liabilities19.0B29.5B19.6B21.2B20.0B17.0B
Total Stockholder Equity43.6B36.5B70.6B79.8B94.6B99.3B
Property Plant And Equipment Net71.0B74.2B74.3B79.4B83.4B60.8B
Net Debt42.5B54.2B31.0B24.0B22.6B36.0B
Retained Earnings1.5B(7.6B)(10.5B)(1.2B)10.0B10.5B
Accounts Payable1.9B1.6B1.7B2.4B2.1B1.7B
Cash2.5B942.7M7.8B7.4B4.8B3.5B
Non Current Assets Total100.8B103.6B104.2B110.8B117.9B88.8B
Non Currrent Assets Other7.0B6.0B5.8B6.2B6.6B5.2B
Cash And Short Term Investments7.3B5.9B20.8B17.9B22.1B23.2B
Net Receivables4.6B2.2B2.6B4.5B4.8B4.1B
Short Term Investments4.8B5.0B12.9B10.6B17.1B17.9B
Liabilities And Stockholders Equity115.2B115.1B130.9B136.7B148.6B103.6B
Non Current Liabilities Total45.0B42.8B34.7B29.1B27.3B39.7B
Inventory936.1M928.8M1.0B1.1B1.2B874.6M
Other Current Assets3.0B2.4B2.3B2.2B2.7B2.4B
Total Liab64.0B72.3B54.3B50.3B47.3B56.7B
Total Current Assets14.4B11.5B26.7B25.9B30.7B32.2B
Accumulated Other Comprehensive Income(14.2B)15.9B13.4B13.3B15.6B16.4B
Short Term Debt5.3B14.5B6.4B5.3B2.6B2.5B
Current Deferred Revenue11.2B10.8B8.2B(5.3B)4.4B7.1B
Good Will6.1B6.1B6.2B6.5B6.6B7.0B
Intangible Assets5.9B5.7B5.5B5.6B5.6B4.2B
Other Liab5.3B2.1B2.2B3.0B2.7B4.6B
Net Tangible Assets31.5B24.7B58.9B67.7B77.9B81.8B
Other Assets7.8B7.2B7.4B7.9B9.1B6.7B
Long Term Debt21.3B22.2B13.9B3.3B467.4M444.0M
Short Long Term Debt4.8B2.4B6.0B4.9B2.1B2.0B
Property Plant Equipment71.0B74.2B74.3B79.4B91.3B69.6B
Long Term Debt Total16.9B39.7B40.7B32.5B37.4B33.8B
Cash And Equivalents827.1M1.2B273.5M6.2B7.1B7.5B
Net Invested Capital69.6B61.1B90.5B88.0B97.2B84.7B

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.

Other Information on Investing in Indian Stock

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