MANORAMA | | | 1,184 6.85 0.58% |
Manorama Industries financial indicator trend analysis is infinitely more than just investigating Manorama Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manorama Industries is a good investment. Please check the relationship between Manorama Industries Net Income From Continuing Ops and its Total Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manorama Industries 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 metropolitan statistical area.
Net Income From Continuing Ops vs Total Revenue
Net Income From Continuing Ops vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Manorama Industries Net Income From Continuing Ops account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Manorama Industries' Net Income From Continuing Ops and Total Revenue is 0.9. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Manorama Industries Limited, assuming nothing else is changed. The correlation between historical values of Manorama Industries' Net Income From Continuing Ops and Total 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 Net Income From Continuing Ops of Manorama Industries Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Manorama Industries' Net Income From Continuing Ops and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Total Revenue
Total revenue comprises all receipts Manorama Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Manorama Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manorama Industries 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manorama Industries 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 metropolitan statistical area.
As of the 3rd of December 2024,
Selling General Administrative is likely to grow to about 101.7
M, while
Tax Provision is likely to drop about 119.6
M.
Manorama Industries fundamental ratios Correlations
Click cells to compare fundamentals
Manorama Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manorama Industries fundamental ratios Accounts
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Other Information on Investing in Manorama Stock
Balance Sheet is a snapshot of the
financial position of Manorama Industries at a specified time, usually calculated after every quarter, six months, or one year. Manorama Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Manorama Industries 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 Manorama currently owns. An asset can also be divided into two categories, current and non-current.