Mahindra Change To Netincome vs Capital Expenditures Analysis

MHID Stock  USD 34.50  1.10  3.09%   
Mahindra Mahindra financial indicator trend analysis is infinitely more than just investigating Mahindra Mahindra recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mahindra Mahindra is a good investment. Please check the relationship between Mahindra Mahindra Change To Netincome and its Capital Expenditures accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mahindra Mahindra 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 board of governors.

Change To Netincome vs Capital Expenditures

Change To Netincome vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mahindra Mahindra Change To Netincome account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mahindra Mahindra's Change To Netincome and Capital Expenditures is -0.18. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Mahindra Mahindra Limited, assuming nothing else is changed. The correlation between historical values of Mahindra Mahindra's Change To Netincome and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Mahindra Mahindra Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Netincome i.e., Mahindra Mahindra's Change To Netincome and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Capital Expenditures

Capital Expenditures are funds used by Mahindra Mahindra to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Mahindra Mahindra operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Mahindra Mahindra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mahindra Mahindra 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 Mahindra Mahindra 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 board of governors.
At this time, Mahindra Mahindra's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 3 T this year, although the value of Discontinued Operations will most likely fall to (26.4 B).
 2020 2021 2023 2024 (projected)
EBIT111.5B119.5B137.5B123.8B
Other Operating Expenses129.8B135.0B155.2B144.8B

Mahindra Mahindra fundamental ratios Correlations

-0.580.990.990.770.980.990.92-0.540.910.98-0.290.860.940.910.56-0.881.00.850.920.970.990.850.980.920.93
-0.58-0.65-0.64-0.23-0.51-0.6-0.760.14-0.29-0.450.87-0.64-0.36-0.790.070.6-0.56-0.29-0.43-0.5-0.63-0.5-0.47-0.32-0.41
0.99-0.650.990.750.970.990.95-0.490.880.95-0.350.90.90.930.53-0.860.990.830.910.950.990.850.960.90.91
0.99-0.640.990.70.981.00.95-0.470.860.95-0.380.880.890.950.49-0.870.980.790.890.950.990.840.970.890.9
0.77-0.230.750.70.70.70.56-0.580.940.850.120.540.840.570.63-0.540.80.970.820.760.690.730.790.810.93
0.98-0.510.970.980.70.990.92-0.50.880.95-0.220.840.910.880.62-0.890.980.810.910.950.980.840.970.920.89
0.99-0.60.991.00.70.990.95-0.490.860.95-0.320.860.90.920.55-0.90.980.80.90.950.990.850.970.90.89
0.92-0.760.950.950.560.920.95-0.280.720.82-0.470.910.750.930.45-0.840.90.690.850.830.950.80.850.790.79
-0.540.14-0.49-0.47-0.58-0.5-0.49-0.28-0.62-0.630.02-0.13-0.75-0.4-0.380.65-0.56-0.57-0.4-0.69-0.51-0.38-0.63-0.44-0.53
0.91-0.290.880.860.940.880.860.72-0.620.960.050.70.960.70.71-0.730.930.970.920.910.860.810.930.940.97
0.98-0.450.950.950.850.950.950.82-0.630.96-0.140.770.970.830.6-0.840.990.90.930.970.950.840.990.930.95
-0.290.87-0.35-0.380.12-0.22-0.32-0.470.020.05-0.14-0.4-0.06-0.610.470.33-0.260.11-0.03-0.26-0.34-0.14-0.210.0-0.09
0.86-0.640.90.880.540.840.860.91-0.130.70.77-0.40.70.840.44-0.670.840.660.780.770.870.750.770.850.75
0.94-0.360.90.890.840.910.90.75-0.750.960.97-0.060.70.770.64-0.840.950.90.860.970.910.790.970.910.91
0.91-0.790.930.950.570.880.920.93-0.40.70.83-0.610.840.770.21-0.780.890.640.740.880.920.740.870.720.79
0.560.070.530.490.630.620.550.45-0.380.710.60.470.440.640.21-0.580.570.730.710.510.550.590.570.740.62
-0.880.6-0.86-0.87-0.54-0.89-0.9-0.840.65-0.73-0.840.33-0.67-0.84-0.78-0.58-0.87-0.66-0.77-0.87-0.91-0.75-0.87-0.75-0.71
1.0-0.560.990.980.80.980.980.9-0.560.930.99-0.260.840.950.890.57-0.870.870.930.970.980.860.990.930.94
0.85-0.290.830.790.970.810.80.69-0.570.970.90.110.660.90.640.73-0.660.870.90.830.80.840.850.890.95
0.92-0.430.910.890.820.910.90.85-0.40.920.93-0.030.780.860.740.71-0.770.930.90.830.90.820.90.910.91
0.97-0.50.950.950.760.950.950.83-0.690.910.97-0.260.770.970.880.51-0.870.970.830.830.950.820.980.890.9
0.99-0.630.990.990.690.980.990.95-0.510.860.95-0.340.870.910.920.55-0.910.980.80.90.950.840.960.90.87
0.85-0.50.850.840.730.840.850.8-0.380.810.84-0.140.750.790.740.59-0.750.860.840.820.820.840.820.850.83
0.98-0.470.960.970.790.970.970.85-0.630.930.99-0.210.770.970.870.57-0.870.990.850.90.980.960.820.910.93
0.92-0.320.90.890.810.920.90.79-0.440.940.930.00.850.910.720.74-0.750.930.890.910.890.90.850.910.92
0.93-0.410.910.90.930.890.890.79-0.530.970.95-0.090.750.910.790.62-0.710.940.950.910.90.870.830.930.92
Click cells to compare fundamentals

Mahindra Mahindra Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Mahindra Stock

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