MAPMYINDIA Gross Profit vs Interest Expense Analysis

MAPMYINDIA   1,748  0.70  0.04%   
CE Info financial indicator trend analysis is way more than just evaluating CE Info Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CE Info Systems is a good investment. Please check the relationship between CE Info Gross Profit and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CE Info Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Gross Profit vs Interest Expense

Gross Profit vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CE Info Systems Gross Profit account and Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between CE Info's Gross Profit and Interest Expense is 0.67. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Expense in the same time period over historical financial statements of CE Info Systems, assuming nothing else is changed. The correlation between historical values of CE Info's Gross Profit 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 Gross Profit of CE Info Systems 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 Gross Profit i.e., CE Info's Gross Profit and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CE Info Systems minus its cost of goods sold. It is profit before CE Info 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from CE Info's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CE Info Systems 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 CE Info Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of the 28th of November 2024, Selling General Administrative is likely to drop to about 117.9 M. In addition to that, Tax Provision is likely to drop to about 259 M
 2021 2022 2023 2024 (projected)
Interest Expense20.1M27.9M29.3M20.4M
Depreciation And Amortization81.2M97.7M148.1M105.1M

CE Info fundamental ratios Correlations

0.780.030.961.00.410.36-0.831.00.80.980.95-0.780.870.150.760.80.53-0.770.630.980.950.85-0.90.990.98
0.78-0.290.70.780.710.2-0.430.780.570.780.85-0.890.59-0.160.440.780.19-0.630.150.750.630.81-0.660.730.7
0.03-0.290.270.01-0.18-0.24-0.150.010.27-0.03-0.060.270.09-0.260.15-0.390.250.450.160.140.130.270.10.08-0.01
0.960.70.270.940.390.16-0.830.950.780.950.86-0.690.910.070.830.680.65-0.620.630.990.960.9-0.820.970.93
1.00.780.010.940.390.4-0.831.00.80.970.96-0.770.860.170.740.80.51-0.770.630.970.940.84-0.90.990.98
0.410.71-0.180.390.39-0.04-0.070.390.230.350.52-0.860.26-0.560.190.680.01-0.41-0.10.470.250.64-0.340.360.31
0.360.2-0.240.160.4-0.04-0.370.390.520.260.5-0.260.020.28-0.120.3-0.12-0.350.50.20.190.14-0.550.340.4
-0.83-0.43-0.15-0.83-0.83-0.07-0.37-0.82-0.84-0.85-0.660.43-0.89-0.55-0.85-0.57-0.730.66-0.89-0.82-0.91-0.560.88-0.83-0.85
1.00.780.010.951.00.390.39-0.820.790.980.95-0.770.860.170.740.80.51-0.770.620.970.940.84-0.890.990.98
0.80.570.270.780.80.230.52-0.840.790.740.76-0.50.670.260.580.480.38-0.480.660.760.750.7-0.790.760.73
0.980.78-0.030.950.970.350.26-0.850.980.740.89-0.720.930.250.830.780.63-0.770.640.960.970.8-0.890.970.97
0.950.85-0.060.860.960.520.5-0.660.950.760.89-0.850.68-0.040.530.810.31-0.710.490.90.80.87-0.850.920.91
-0.78-0.890.27-0.69-0.77-0.86-0.260.43-0.77-0.5-0.72-0.85-0.580.24-0.46-0.93-0.180.75-0.23-0.78-0.62-0.790.69-0.73-0.71
0.870.590.090.910.860.260.02-0.890.860.670.930.68-0.580.380.980.70.74-0.740.650.910.980.66-0.780.870.87
0.15-0.16-0.260.070.17-0.560.28-0.550.170.260.25-0.040.240.380.430.080.31-0.40.530.080.33-0.33-0.310.140.23
0.760.440.150.830.740.19-0.12-0.850.740.580.830.53-0.460.980.430.610.76-0.680.610.830.920.55-0.670.760.76
0.80.78-0.390.680.80.680.3-0.570.80.480.780.81-0.930.70.080.610.25-0.940.360.790.720.62-0.730.760.78
0.530.190.250.650.510.01-0.12-0.730.510.380.630.31-0.180.740.310.760.25-0.270.770.60.70.43-0.640.620.62
-0.77-0.630.45-0.62-0.77-0.41-0.350.66-0.77-0.48-0.77-0.710.75-0.74-0.4-0.68-0.94-0.27-0.45-0.72-0.74-0.430.72-0.71-0.76
0.630.150.160.630.63-0.10.5-0.890.620.660.640.49-0.230.650.530.610.360.77-0.450.60.710.36-0.840.690.73
0.980.750.140.990.970.470.2-0.820.970.760.960.9-0.780.910.080.830.790.6-0.720.60.960.89-0.850.970.95
0.950.630.130.960.940.250.19-0.910.940.750.970.8-0.620.980.330.920.720.7-0.740.710.960.74-0.850.950.95
0.850.810.270.90.840.640.14-0.560.840.70.80.87-0.790.66-0.330.550.620.43-0.430.360.890.74-0.690.850.78
-0.9-0.660.1-0.82-0.9-0.34-0.550.88-0.89-0.79-0.89-0.850.69-0.78-0.31-0.67-0.73-0.640.72-0.84-0.85-0.85-0.69-0.91-0.93
0.990.730.080.970.990.360.34-0.830.990.760.970.92-0.730.870.140.760.760.62-0.710.690.970.950.85-0.910.99
0.980.7-0.010.930.980.310.4-0.850.980.730.970.91-0.710.870.230.760.780.62-0.760.730.950.950.78-0.930.99
Click cells to compare fundamentals

CE Info Account Relationship Matchups

CE Info fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.3B5.2B6.7B7.9B5.3B
Short Long Term Debt Total234.5M201.9M190.9M293.9M257.3M225.0M
Other Current Liab322.3M154.5M89.6M265.2M358.7M249.9M
Total Current Liabilities548.5M495.6M534.4M1.1B1.2B712.7M
Total Stockholder Equity3.0B3.6B4.5B5.4B6.6B4.4B
Property Plant And Equipment Net277.8M223.3M192.4M207.1M140M205.1M
Current Deferred Revenue(32.5M)(53.8M)412.0M(205.4M)314M329.7M
Net Debt117.1M(83.1M)(214.7M)(467M)(477.4M)(453.5M)
Retained Earnings1.4B2.0B2.7B3.7B4.8B2.6B
Accounts Payable59.8M44.5M60.9M130.9M250.6M263.1M
Cash117.4M285M405.7M760.9M734.7M409.4M
Non Current Assets Total1.9B1.6B2.5B2.3B3.6B2.2B
Non Currrent Assets Other227.8M211.5M190.1M274.9M425.4M457.8M
Cash And Short Term Investments1.2B2.2B1.8B3.5B2.8B2.3B
Short Term Investments1.1B1.9B1.4B2.7B2.1B1.8B
Liabilities And Stockholders Equity3.6B4.3B5.2B6.7B7.9B5.3B
Non Current Liabilities Total59.8M186.1M173.0M148.9M129.1M112.5M
Inventory44M27.6M79.7M159.7M83.4M78.2M
Other Current Assets459.6M14.2M66.5M127.5M129.7M175.0M
Other Stockholder Equity(1.2B)(1.2B)1.6B1.7B1.7B1.8B
Total Liab608.3M681.7M707.4M1.3B1.3B825.3M
Total Current Assets1.7B2.6B2.7B4.4B4.3B3.1B
Short Term Debt198.9M39.9M61.5M205.4M235M120.8M
Other Liab24.8M25.1M43.6M60.4M69.5M37.5M
Net Tangible Assets1.6B2.3B4.3B5.1B5.9B3.3B
Other Assets100K181.1M(1K)401.6M461.8M484.9M
Net Receivables434.1M432.9M705.8M828.5M1.3B729.9M
Net Invested Capital3.0B3.6B4.5B5.6B6.8B4.8B
Short Long Term Debt2.9M3.2M21.5M159.7M184M193.2M
Accumulated Other Comprehensive Income185.0M190.6M194.3M220.3M202M211.1M
Net Working Capital1.1B2.1B2.2B3.3B3.1B2.4B
Intangible Assets41.6M27.6M122.1M233.8M351.3M368.9M
Property Plant Equipment277.5M224.5M192.3M146.5M131.9M180.3M

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Other Information on Investing in MAPMYINDIA Stock

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