Manorama Reconciled Depreciation vs Gross Profit Analysis

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 Reconciled Depreciation and its Gross Profit 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.

Reconciled Depreciation vs Gross Profit

Reconciled Depreciation vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manorama Industries Reconciled Depreciation account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Manorama Industries' Reconciled Depreciation and Gross Profit is 0.83. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Gross Profit 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' Reconciled Depreciation and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Manorama Industries Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Reconciled Depreciation i.e., Manorama Industries' Reconciled Depreciation and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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Reconciled Depreciation

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Manorama Industries Limited minus its cost of goods sold. It is profit before Manorama Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	48.7M	86.6M	198.9M	208.9M
Depreciation And Amortization	78.9M	108.5M	136.1M	142.9M

Interest Expense Depreciation And Amortization

Manorama Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.97	0.68	0.96	0.97	0.98	0.18	0.95	0.99	0.88	-0.14	0.98	0.12	0.79	0.98	0.6	-0.24	0.95	0.99	0.92	0.92	0.97	1.0	0.96	0.9	0.74
Short Long Term Debt Total	0.97		0.63	1.0	0.88	0.92	0.03	0.99	0.93	0.95	-0.26	0.91	0.06	0.82	0.94	0.66	-0.26	0.93	0.99	0.86	0.81	1.0	0.98	1.0	0.82	0.62
Other Current Liab	0.68	0.63		0.66	0.68	0.65	0.65	0.63	0.68	0.69	-0.17	0.68	-0.45	0.27	0.66	0.08	-0.05	0.5	0.68	0.59	0.65	0.64	0.68	0.64	0.86	0.78
Total Current Liabilities	0.96	1.0	0.66		0.86	0.9	0.06	0.99	0.91	0.97	-0.29	0.89	0.0	0.79	0.92	0.66	-0.23	0.9	0.98	0.84	0.78	1.0	0.97	1.0	0.83	0.62
Total Stockholder Equity	0.97	0.88	0.68	0.86		0.98	0.3	0.85	0.99	0.75	-0.01	0.99	0.18	0.71	0.97	0.5	-0.21	0.93	0.93	0.92	0.97	0.88	0.95	0.86	0.91	0.81
Property Plant And Equipment Net	0.98	0.92	0.65	0.9	0.98		0.18	0.9	0.99	0.79	-0.16	1.0	0.17	0.7	0.97	0.55	-0.28	0.95	0.95	0.92	0.94	0.92	0.96	0.9	0.89	0.73
Current Deferred Revenue	0.18	0.03	0.65	0.06	0.3	0.18		0.0	0.24	0.04	0.25	0.24	-0.25	-0.17	0.24	-0.21	0.26	-0.04	0.12	0.3	0.34	0.05	0.15	0.02	0.54	0.66
Net Debt	0.95	0.99	0.63	0.99	0.85	0.9	0.0		0.91	0.95	-0.38	0.89	0.04	0.75	0.91	0.66	-0.31	0.91	0.97	0.85	0.77	0.99	0.96	0.99	0.81	0.57
Retained Earnings	0.99	0.93	0.68	0.91	0.99	0.99	0.24	0.91		0.81	-0.13	1.0	0.17	0.72	0.99	0.55	-0.22	0.94	0.96	0.94	0.95	0.93	0.98	0.91	0.92	0.78
Accounts Payable	0.88	0.95	0.69	0.97	0.75	0.79	0.04	0.95	0.81		-0.31	0.79	-0.18	0.74	0.82	0.63	-0.15	0.8	0.92	0.71	0.66	0.95	0.9	0.96	0.76	0.53
Cash	-0.14	-0.26	-0.17	-0.29	-0.01	-0.16	0.25	-0.38	-0.13	-0.31		-0.14	0.19	0.22	-0.09	-0.2	0.45	-0.09	-0.19	-0.18	0.11	-0.26	-0.14	-0.28	-0.19	0.21
Non Current Assets Total	0.98	0.91	0.68	0.89	0.99	1.0	0.24	0.89	1.0	0.79	-0.14		0.17	0.69	0.97	0.53	-0.28	0.94	0.95	0.93	0.95	0.91	0.96	0.89	0.92	0.76
Non Currrent Assets Other	0.12	0.06	-0.45	0.0	0.18	0.17	-0.25	0.04	0.17	-0.18	0.19	0.17		0.26	0.16	0.11	-0.21	0.29	0.08	0.35	0.2	0.05	0.09	0.01	-0.01	-0.05
Cash And Short Term Investments	0.79	0.82	0.27	0.79	0.71	0.7	-0.17	0.75	0.72	0.74	0.22	0.69	0.26		0.77	0.61	-0.04	0.84	0.81	0.63	0.7	0.81	0.81	0.81	0.48	0.49
Net Receivables	0.98	0.94	0.66	0.92	0.97	0.97	0.24	0.91	0.99	0.82	-0.09	0.97	0.16	0.77		0.56	-0.2	0.92	0.96	0.94	0.92	0.93	0.98	0.92	0.9	0.79
Common Stock Shares Outstanding	0.6	0.66	0.08	0.66	0.5	0.55	-0.21	0.66	0.55	0.63	-0.2	0.53	0.11	0.61	0.56		-0.18	0.61	0.63	0.5	0.44	0.66	0.62	0.66	0.41	0.11
Short Term Investments	-0.24	-0.26	-0.05	-0.23	-0.21	-0.28	0.26	-0.31	-0.22	-0.15	0.45	-0.28	-0.21	-0.04	-0.2	-0.18		-0.35	-0.26	-0.25	-0.12	-0.25	-0.22	-0.25	-0.22	0.2
Non Current Liabilities Total	0.95	0.93	0.5	0.9	0.93	0.95	-0.04	0.91	0.94	0.8	-0.09	0.94	0.29	0.84	0.92	0.61	-0.35		0.95	0.85	0.89	0.93	0.95	0.91	0.77	0.58
Inventory	0.99	0.99	0.68	0.98	0.93	0.95	0.12	0.97	0.96	0.92	-0.19	0.95	0.08	0.81	0.96	0.63	-0.26	0.95		0.89	0.87	0.99	1.0	0.98	0.87	0.68
Other Current Assets	0.92	0.86	0.59	0.84	0.92	0.92	0.3	0.85	0.94	0.71	-0.18	0.93	0.35	0.63	0.94	0.5	-0.25	0.85	0.89		0.86	0.86	0.9	0.83	0.91	0.73
Other Stockholder Equity	0.92	0.81	0.65	0.78	0.97	0.94	0.34	0.77	0.95	0.66	0.11	0.95	0.2	0.7	0.92	0.44	-0.12	0.89	0.87	0.86		0.81	0.9	0.79	0.86	0.83
Total Liab	0.97	1.0	0.64	1.0	0.88	0.92	0.05	0.99	0.93	0.95	-0.26	0.91	0.05	0.81	0.93	0.66	-0.25	0.93	0.99	0.86	0.81		0.98	1.0	0.83	0.62
Total Current Assets	1.0	0.98	0.68	0.97	0.95	0.96	0.15	0.96	0.98	0.9	-0.14	0.96	0.09	0.81	0.98	0.62	-0.22	0.95	1.0	0.9	0.9	0.98		0.97	0.88	0.72
Short Term Debt	0.96	1.0	0.64	1.0	0.86	0.9	0.02	0.99	0.91	0.96	-0.28	0.89	0.01	0.81	0.92	0.66	-0.25	0.91	0.98	0.83	0.79	1.0	0.97		0.81	0.61
Intangible Assets	0.9	0.82	0.86	0.83	0.91	0.89	0.54	0.81	0.92	0.76	-0.19	0.92	-0.01	0.48	0.9	0.41	-0.22	0.77	0.87	0.91	0.86	0.83	0.88	0.81		0.81
Common Stock	0.74	0.62	0.78	0.62	0.81	0.73	0.66	0.57	0.78	0.53	0.21	0.76	-0.05	0.49	0.79	0.11	0.2	0.58	0.68	0.73	0.83	0.62	0.72	0.61	0.81

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Manorama Industries Account Relationship Matchups

Manorama Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	2.5B	4.0B	4.2B	7.4B	7.7B
Short Long Term Debt Total	1.2B	853.5M	1.1B	1.1B	3.5B	3.6B
Other Current Liab	100.7M	41.5M	50.6M	47.4M	71.1M	35.6M
Total Current Liabilities	1.5B	1.0B	946.2M	960.0M	3.4B	3.6B
Total Stockholder Equity	1.3B	1.5B	2.7B	3.0B	3.4B	3.5B
Property Plant And Equipment Net	513.8M	566.0M	969.0M	1.5B	1.7B	1.8B
Current Deferred Revenue	83.1M	80.3M	74.9M	41.8M	2.2M	2.0M
Net Debt	1.2B	849.5M	592.4M	1.1B	3.5B	3.6B
Retained Earnings	591.5M	774.8M	1.0B	1.3B	1.7B	1.8B
Accounts Payable	259.6M	74.0M	81.5M	40.4M	401.4M	421.4M
Cash	6.0M	4.0M	491.9M	18.8M	4.2M	4.0M
Non Current Assets Total	626.0M	737.4M	1.2B	1.5B	1.8B	1.9B
Non Currrent Assets Other	(615.2M)	171.3M	181.8M	37.5M	57.3M	60.1M
Cash And Short Term Investments	6.0M	4.0M	491.9M	33.8M	870.8M	914.3M
Net Receivables	162.6M	223.6M	250.9M	294.9M	446.0M	468.3M
Short Term Investments	190.0M	170.1M	40.9M	14.9M	1M	950K
Liabilities And Stockholders Equity	2.8B	2.5B	4.0B	4.2B	7.4B	7.7B
Non Current Liabilities Total	9.4M	28.4M	329.2M	301.1M	567.6M	595.9M
Inventory	1.5B	1.1B	1.8B	1.6B	3.9B	4.1B
Other Current Assets	65.6M	341.5M	241.9M	267.5M	378.4M	397.3M
Total Liab	1.5B	1.0B	1.3B	1.3B	4.0B	4.2B
Total Current Assets	2.1B	1.8B	2.8B	2.7B	5.6B	5.8B
Short Term Debt	1.2B	646.0M	785.9M	857.7M	3.0B	3.1B

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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.

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Manorama Reconciled Depreciation vs Gross Profit Analysis

Reconciled Depreciation vs Gross Profit

Reconciled Depreciation vs Gross Profit Correlation Analysis

Correlation Coefficient

Reconciled Depreciation

Gross Profit

Manorama Industries fundamental ratios Correlations

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

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Total Current Assets	+ 1.0	Total Assets
Total Current Liabilities	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Short Term Debt	+ 1.0	Total Current Liabilities

Non Currrent Assets Other	- 0.45	Other Current Liab
Cash	- 0.38	Net Debt
Non Current Liabilities Total	- 0.35	Short Term Investments
Cash	- 0.31	Accounts Payable
Short Term Investments	- 0.31	Net Debt
Cash	- 0.29	Total Current Liabilities