Indian Income Before Tax vs Interest Expense Analysis

INDHOTEL   798.05  1.00  0.13%   
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 Income Before Tax and its Interest Expense 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.

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Hotels Income Before Tax account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Indian Hotels' Income Before Tax and Interest Expense is -0.16. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Expense 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' Income Before Tax and Interest Expense 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 The Indian Hotels are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Before Tax i.e., Indian Hotels' Income Before Tax and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Indian Hotels income statement and is an important metric when analyzing Indian Hotels 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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

0.280.820.660.720.970.060.070.030.370.980.470.640.120.730.80.140.870.140.680.420.680.240.87-0.130.28
0.280.250.53-0.140.460.84-0.59-0.23-0.20.390.33-0.06-0.41-0.190.120.910.460.22-0.060.95-0.050.73-0.030.160.27
0.820.250.770.590.80.050.12-0.250.10.840.640.470.210.60.580.120.76-0.020.440.460.530.210.80.150.3
0.660.530.770.260.740.46-0.2-0.26-0.20.770.390.11-0.220.30.370.240.630.090.190.660.140.720.590.220.4
0.72-0.140.590.260.61-0.550.590.00.50.630.090.910.240.90.66-0.240.47-0.070.9-0.060.94-0.190.72-0.20.14
0.970.460.80.740.610.25-0.07-0.020.270.980.470.540.040.640.720.30.90.190.60.580.580.420.77-0.120.34
0.060.840.050.46-0.550.25-0.78-0.09-0.370.20.32-0.5-0.41-0.49-0.070.770.290.28-0.440.81-0.50.74-0.150.210.18
0.07-0.590.12-0.20.59-0.07-0.780.10.060.01-0.290.430.430.570.02-0.6-0.21-0.130.38-0.560.44-0.530.270.05-0.27
0.03-0.23-0.25-0.260.0-0.02-0.090.1-0.170.070.12-0.190.38-0.09-0.11-0.030.160.650.09-0.15-0.16-0.310.01-0.22-0.21
0.37-0.20.1-0.20.50.27-0.370.06-0.170.19-0.080.74-0.090.570.76-0.230.16-0.370.61-0.270.69-0.230.37-0.54-0.07
0.980.390.840.770.630.980.20.010.070.190.510.50.120.630.690.240.90.250.580.550.550.350.82-0.040.34
0.470.330.640.390.090.470.32-0.290.12-0.080.510.070.230.010.330.450.660.090.020.540.12-0.010.430.240.16
0.64-0.060.470.110.910.54-0.50.43-0.190.740.50.070.040.830.76-0.140.4-0.280.87-0.060.99-0.20.61-0.260.06
0.12-0.410.21-0.220.240.04-0.410.430.38-0.090.120.230.040.26-0.17-0.150.170.230.05-0.220.12-0.590.12-0.20.17
0.73-0.190.60.30.90.64-0.490.57-0.090.570.630.010.830.260.67-0.340.45-0.160.81-0.120.85-0.10.72-0.40.07
0.80.120.580.370.660.72-0.070.02-0.110.760.690.330.76-0.170.67-0.030.57-0.220.680.150.740.060.82-0.170.04
0.140.910.120.24-0.240.30.77-0.6-0.03-0.230.240.45-0.14-0.15-0.34-0.030.430.33-0.150.89-0.110.44-0.20.120.21
0.870.460.760.630.470.90.29-0.210.160.160.90.660.40.170.450.570.430.370.540.630.460.340.61-0.160.24
0.140.22-0.020.09-0.070.190.28-0.130.65-0.370.250.09-0.280.23-0.16-0.220.330.370.080.3-0.220.19-0.1-0.09-0.08
0.68-0.060.440.190.90.6-0.440.380.090.610.580.020.870.050.810.68-0.150.540.08-0.030.88-0.030.57-0.39-0.08
0.420.950.460.66-0.060.580.81-0.56-0.15-0.270.550.54-0.06-0.22-0.120.150.890.630.3-0.03-0.020.680.120.20.35
0.68-0.050.530.140.940.58-0.50.44-0.160.690.550.120.990.120.850.74-0.110.46-0.220.88-0.02-0.20.62-0.260.09
0.240.730.210.72-0.190.420.74-0.53-0.31-0.230.35-0.01-0.2-0.59-0.10.060.440.340.19-0.030.68-0.20.00.020.19
0.87-0.030.80.590.720.77-0.150.270.010.370.820.430.610.120.720.82-0.20.61-0.10.570.120.620.00.090.19
-0.130.160.150.22-0.2-0.120.210.05-0.22-0.54-0.040.24-0.26-0.2-0.4-0.170.12-0.16-0.09-0.390.2-0.260.020.090.02
0.280.270.30.40.140.340.18-0.27-0.21-0.070.340.160.060.170.070.040.210.24-0.08-0.080.350.090.190.190.02
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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 Debt42.5B54.2B31.0B24.0B12.5B11.9B
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 Investments4.8B5.0B12.9B10.6B7.2B3.7B
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

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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.