MRF Gross Profit vs Cost Of Revenue Analysis

MRF Stock   124,492  105.00  0.08%   
MRF financial indicator trend analysis is infinitely more than just investigating MRF Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MRF Limited is a good investment. Please check the relationship between MRF Gross Profit and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRF 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.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MRF Limited Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between MRF's Gross Profit and Cost Of Revenue is 0.65. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of MRF Limited, assuming nothing else is changed. The correlation between historical values of MRF's Gross Profit and Cost Of 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 Gross Profit of MRF Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., MRF's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

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

Cost Of Revenue

Cost of Revenue is found on MRF Limited income statement and represents the costs associated with goods and services MRF provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from MRF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MRF Limited 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 MRF 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 656.3 M. In addition to that, Tax Provision is expected to decline to about 4 B
 2021 2022 2023 2024 (projected)
Interest Expense2.5B3.2B3.5B2.1B
Depreciation And Amortization12.1B12.5B14.3B15.0B

MRF fundamental ratios Correlations

0.770.940.991.00.990.590.80.230.990.360.680.79-0.550.320.830.530.050.850.840.82-0.550.220.92-0.240.98
0.770.740.80.750.710.860.730.110.740.470.710.87-0.050.510.880.66-0.340.920.890.72-0.050.330.580.160.69
0.940.740.950.950.930.680.690.00.950.250.610.66-0.580.140.770.620.080.770.750.7-0.58-0.020.81-0.220.93
0.990.80.950.990.970.640.830.170.980.340.720.78-0.510.30.840.57-0.020.870.860.82-0.510.20.9-0.230.96
1.00.750.950.990.990.560.780.260.990.360.680.77-0.560.260.830.520.050.830.830.84-0.560.170.92-0.290.98
0.990.710.930.970.990.50.760.31.00.290.580.76-0.610.280.820.470.110.80.780.82-0.610.180.92-0.331.0
0.590.860.680.640.560.50.56-0.410.560.350.570.61-0.060.420.690.7-0.220.740.70.39-0.060.20.380.260.49
0.80.730.690.830.780.760.560.230.770.230.840.82-0.10.380.840.5-0.250.930.930.88-0.10.370.76-0.240.74
0.230.110.00.170.260.3-0.410.230.240.150.150.370.00.120.23-0.19-0.160.20.240.520.00.210.3-0.240.29
0.990.740.950.980.991.00.560.770.240.320.620.77-0.590.280.830.50.090.820.80.82-0.590.170.92-0.30.99
0.360.470.250.340.360.290.350.230.150.320.410.460.120.210.46-0.06-0.340.390.470.410.120.380.470.010.27
0.680.710.610.720.680.580.570.840.150.620.410.690.060.210.630.55-0.430.810.890.760.060.170.580.060.56
0.790.870.660.780.770.760.610.820.370.770.460.69-0.120.650.90.42-0.160.940.920.85-0.120.560.70.030.74
-0.55-0.05-0.58-0.51-0.56-0.61-0.06-0.10.0-0.590.120.06-0.12-0.07-0.17-0.22-0.77-0.1-0.07-0.111.00.06-0.540.29-0.64
0.320.510.140.30.260.280.420.380.120.280.210.210.65-0.070.430.140.10.50.440.24-0.070.870.220.410.28
0.830.880.770.840.830.820.690.840.230.830.460.630.9-0.170.430.52-0.180.940.910.86-0.170.420.8-0.280.8
0.530.660.620.570.520.470.70.5-0.190.5-0.060.550.42-0.220.140.52-0.070.580.590.33-0.22-0.10.290.070.46
0.05-0.340.08-0.020.050.11-0.22-0.25-0.160.09-0.34-0.43-0.16-0.770.1-0.18-0.07-0.26-0.3-0.28-0.77-0.010.1-0.150.16
0.850.920.770.870.830.80.740.930.20.820.390.810.94-0.10.50.940.58-0.260.980.88-0.10.420.74-0.070.78
0.840.890.750.860.830.780.70.930.240.80.470.890.92-0.070.440.910.59-0.30.980.89-0.070.380.75-0.060.76
0.820.720.70.820.840.820.390.880.520.820.410.760.85-0.110.240.860.33-0.280.880.89-0.110.260.82-0.330.8
-0.55-0.05-0.58-0.51-0.56-0.61-0.06-0.10.0-0.590.120.06-0.121.0-0.07-0.17-0.22-0.77-0.1-0.07-0.110.06-0.540.29-0.64
0.220.33-0.020.20.170.180.20.370.210.170.380.170.560.060.870.42-0.1-0.010.420.380.260.060.290.090.18
0.920.580.810.90.920.920.380.760.30.920.470.580.7-0.540.220.80.290.10.740.750.82-0.540.29-0.510.92
-0.240.16-0.22-0.23-0.29-0.330.26-0.24-0.24-0.30.010.060.030.290.41-0.280.07-0.15-0.07-0.06-0.330.290.09-0.51-0.34
0.980.690.930.960.981.00.490.740.290.990.270.560.74-0.640.280.80.460.160.780.760.8-0.640.180.92-0.34
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MRF Account Relationship Matchups

MRF fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets194.4B225.8B230.6B243.7B268.5B281.9B
Short Long Term Debt Total22.4B23.6B32.3B30.1B28.2B20.7B
Other Current Liab15.6B26.9B28.4B33.2B36.1B37.9B
Total Current Liabilities52.5B72.7B69.6B75.0B77.1B81.0B
Total Stockholder Equity122.1B134.1B140.3B147.1B167.0B175.4B
Property Plant And Equipment Net105.8B104.2B107.3B131.4B144.1B151.3B
Net Debt7.3B22.0B30.5B27.7B25.2B18.3B
Accounts Payable19.1B33.1B20.6B24.4B26.5B13.5B
Cash11.8B1.7B1.8B2.5B3.0B2.2B
Non Current Assets Total112.9B122.1B128.7B151.3B163.0B171.1B
Non Currrent Assets Other20.4B2.9B40.4B19.6B7.5B12.8B
Cash And Short Term Investments26.9B49.1B34.1B23.4B27.5B17.6B
Net Receivables24.6B21.5B23.3B25.0B29.1B17.9B
Liabilities And Stockholders Equity194.4B225.8B230.6B243.7B268.5B281.9B
Non Current Liabilities Total19.8B19.0B20.7B21.7B24.4B19.7B
Inventory29.1B29.4B41.3B41.4B44.7B22.9B
Other Current Assets860.5M3.7B4.3B1.5B4.2B2.3B
Other Stockholder Equity(122.2B)(134.6B)(140.6B)(147.7B)167.0B175.3B
Total Liab72.3B91.7B90.3B96.6B101.5B58.1B
Total Current Assets81.5B103.7B101.9B92.4B105.5B60.8B
Accumulated Other Comprehensive Income122.0B134.0B140.2B146.9B(955.2M)(907.4M)
Intangible Assets284.9M243.3M212.3M259.4M257.4M133.9M
Other Liab8.7B7.8B9.0B8.3B9.6B6.6B
Retained Earnings122.3B134.7B140.7B147.8B167.8B176.2B
Long Term Debt7.8B8.1B8.2B8.2B7.2B8.2B
Property Plant Equipment105.8B104.2B107.3B131.4B151.1B158.6B
Other Assets6.0B5.7B9.0B5.6B6.4B4.0B
Current Deferred Revenue6.6B8.7B684M569.3M43.1M40.9M
Short Term Investments15.1B47.4B32.3B20.9B23.0B24.2B
Short Term Debt11.3B12.6B20.6B16.8B14.4B13.8B
Net Tangible Assets121.9B133.9B140.1B146.8B168.8B108.7B
Short Long Term Debt10.8B9.2B20.0B16.1B13.5B12.1B
Long Term Debt Total11.1B11.2B11.7B13.3B15.3B13.1B
Non Current Liabilities Other954M1.8B1.8B2.3B3.4B3.5B
Net Invested Capital140.7B151.4B168.5B171.4B187.8B168.5B
Net Working Capital29.0B31.0B32.3B17.5B28.4B23.0B

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Other Information on Investing in MRF Stock

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