MRF Total Operating Expenses vs Operating Income Analysis

MRF Stock

124,173 319.00 0.26%

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 Total Operating Expenses and its Operating Income 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MRF Limited Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between MRF's Total Operating Expenses and Operating Income is -0.18. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of MRF Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., MRF's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from MRF Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of MRF Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 Expense	2.5B	3.2B	3.5B	2.1B
Depreciation And Amortization	12.1B	12.5B	14.3B	15.0B

Interest Expense Depreciation And Amortization

MRF fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Liab	Retained Earnings	Long Term Debt	Property Plant Equipment
Total Assets		0.77	0.94	0.99	1.0	0.99	0.59	0.8	0.23	0.99	0.36	0.68	0.79	-0.55	0.32	0.83	0.53	0.05	0.85	0.84	0.82	-0.55	0.22	0.92	-0.24	0.98
Short Long Term Debt Total	0.77		0.74	0.8	0.75	0.71	0.86	0.73	0.11	0.74	0.47	0.71	0.87	-0.05	0.51	0.88	0.66	-0.34	0.92	0.89	0.72	-0.05	0.33	0.58	0.16	0.69
Other Current Liab	0.94	0.74		0.95	0.95	0.93	0.68	0.69	0.0	0.95	0.25	0.61	0.66	-0.58	0.14	0.77	0.62	0.08	0.77	0.75	0.7	-0.58	-0.02	0.81	-0.22	0.93
Total Current Liabilities	0.99	0.8	0.95		0.99	0.97	0.64	0.83	0.17	0.98	0.34	0.72	0.78	-0.51	0.3	0.84	0.57	-0.02	0.87	0.86	0.82	-0.51	0.2	0.9	-0.23	0.96
Total Stockholder Equity	1.0	0.75	0.95	0.99		0.99	0.56	0.78	0.26	0.99	0.36	0.68	0.77	-0.56	0.26	0.83	0.52	0.05	0.83	0.83	0.84	-0.56	0.17	0.92	-0.29	0.98
Property Plant And Equipment Net	0.99	0.71	0.93	0.97	0.99		0.5	0.76	0.3	1.0	0.29	0.58	0.76	-0.61	0.28	0.82	0.47	0.11	0.8	0.78	0.82	-0.61	0.18	0.92	-0.33	1.0
Net Debt	0.59	0.86	0.68	0.64	0.56	0.5		0.56	-0.41	0.56	0.35	0.57	0.61	-0.06	0.42	0.69	0.7	-0.22	0.74	0.7	0.39	-0.06	0.2	0.38	0.26	0.49
Accounts Payable	0.8	0.73	0.69	0.83	0.78	0.76	0.56		0.23	0.77	0.23	0.84	0.82	-0.1	0.38	0.84	0.5	-0.25	0.93	0.93	0.88	-0.1	0.37	0.76	-0.24	0.74
Cash	0.23	0.11	0.0	0.17	0.26	0.3	-0.41	0.23		0.24	0.15	0.15	0.37	0.0	0.12	0.23	-0.19	-0.16	0.2	0.24	0.52	0.0	0.21	0.3	-0.24	0.29
Non Current Assets Total	0.99	0.74	0.95	0.98	0.99	1.0	0.56	0.77	0.24		0.32	0.62	0.77	-0.59	0.28	0.83	0.5	0.09	0.82	0.8	0.82	-0.59	0.17	0.92	-0.3	0.99
Non Currrent Assets Other	0.36	0.47	0.25	0.34	0.36	0.29	0.35	0.23	0.15	0.32		0.41	0.46	0.12	0.21	0.46	-0.06	-0.34	0.39	0.47	0.41	0.12	0.38	0.47	0.01	0.27
Cash And Short Term Investments	0.68	0.71	0.61	0.72	0.68	0.58	0.57	0.84	0.15	0.62	0.41		0.69	0.06	0.21	0.63	0.55	-0.43	0.81	0.89	0.76	0.06	0.17	0.58	0.06	0.56
Net Receivables	0.79	0.87	0.66	0.78	0.77	0.76	0.61	0.82	0.37	0.77	0.46	0.69		-0.12	0.65	0.9	0.42	-0.16	0.94	0.92	0.85	-0.12	0.56	0.7	0.03	0.74
Common Stock Shares Outstanding	-0.55	-0.05	-0.58	-0.51	-0.56	-0.61	-0.06	-0.1	0.0	-0.59	0.12	0.06	-0.12		-0.07	-0.17	-0.22	-0.77	-0.1	-0.07	-0.11	1.0	0.06	-0.54	0.29	-0.64
Non Current Liabilities Total	0.32	0.51	0.14	0.3	0.26	0.28	0.42	0.38	0.12	0.28	0.21	0.21	0.65	-0.07		0.43	0.14	0.1	0.5	0.44	0.24	-0.07	0.87	0.22	0.41	0.28
Inventory	0.83	0.88	0.77	0.84	0.83	0.82	0.69	0.84	0.23	0.83	0.46	0.63	0.9	-0.17	0.43		0.52	-0.18	0.94	0.91	0.86	-0.17	0.42	0.8	-0.28	0.8
Other Current Assets	0.53	0.66	0.62	0.57	0.52	0.47	0.7	0.5	-0.19	0.5	-0.06	0.55	0.42	-0.22	0.14	0.52		-0.07	0.58	0.59	0.33	-0.22	-0.1	0.29	0.07	0.46
Other Stockholder Equity	0.05	-0.34	0.08	-0.02	0.05	0.11	-0.22	-0.25	-0.16	0.09	-0.34	-0.43	-0.16	-0.77	0.1	-0.18	-0.07		-0.26	-0.3	-0.28	-0.77	-0.01	0.1	-0.15	0.16
Total Liab	0.85	0.92	0.77	0.87	0.83	0.8	0.74	0.93	0.2	0.82	0.39	0.81	0.94	-0.1	0.5	0.94	0.58	-0.26		0.98	0.88	-0.1	0.42	0.74	-0.07	0.78
Total Current Assets	0.84	0.89	0.75	0.86	0.83	0.78	0.7	0.93	0.24	0.8	0.47	0.89	0.92	-0.07	0.44	0.91	0.59	-0.3	0.98		0.89	-0.07	0.38	0.75	-0.06	0.76
Intangible Assets	0.82	0.72	0.7	0.82	0.84	0.82	0.39	0.88	0.52	0.82	0.41	0.76	0.85	-0.11	0.24	0.86	0.33	-0.28	0.88	0.89		-0.11	0.26	0.82	-0.33	0.8
Common Stock	-0.55	-0.05	-0.58	-0.51	-0.56	-0.61	-0.06	-0.1	0.0	-0.59	0.12	0.06	-0.12	1.0	-0.07	-0.17	-0.22	-0.77	-0.1	-0.07	-0.11		0.06	-0.54	0.29	-0.64
Other Liab	0.22	0.33	-0.02	0.2	0.17	0.18	0.2	0.37	0.21	0.17	0.38	0.17	0.56	0.06	0.87	0.42	-0.1	-0.01	0.42	0.38	0.26	0.06		0.29	0.09	0.18
Retained Earnings	0.92	0.58	0.81	0.9	0.92	0.92	0.38	0.76	0.3	0.92	0.47	0.58	0.7	-0.54	0.22	0.8	0.29	0.1	0.74	0.75	0.82	-0.54	0.29		-0.51	0.92
Long Term Debt	-0.24	0.16	-0.22	-0.23	-0.29	-0.33	0.26	-0.24	-0.24	-0.3	0.01	0.06	0.03	0.29	0.41	-0.28	0.07	-0.15	-0.07	-0.06	-0.33	0.29	0.09	-0.51		-0.34
Property Plant Equipment	0.98	0.69	0.93	0.96	0.98	1.0	0.49	0.74	0.29	0.99	0.27	0.56	0.74	-0.64	0.28	0.8	0.46	0.16	0.78	0.76	0.8	-0.64	0.18	0.92	-0.34

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MRF Account Relationship Matchups

MRF fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	194.4B	225.8B	230.6B	243.7B	268.5B	281.9B
Short Long Term Debt Total	22.4B	23.6B	32.3B	30.1B	28.2B	20.7B
Other Current Liab	15.6B	26.9B	28.4B	33.2B	36.1B	37.9B
Total Current Liabilities	52.5B	72.7B	69.6B	75.0B	77.1B	81.0B
Total Stockholder Equity	122.1B	134.1B	140.3B	147.1B	167.0B	175.4B
Property Plant And Equipment Net	105.8B	104.2B	107.3B	131.4B	144.1B	151.3B
Net Debt	7.3B	22.0B	30.5B	27.7B	25.2B	18.3B
Accounts Payable	19.1B	33.1B	20.6B	24.4B	26.5B	13.5B
Cash	11.8B	1.7B	1.8B	2.5B	3.0B	2.2B
Non Current Assets Total	112.9B	122.1B	128.7B	151.3B	163.0B	171.1B
Non Currrent Assets Other	20.4B	2.9B	40.4B	19.6B	7.5B	12.8B
Cash And Short Term Investments	26.9B	49.1B	34.1B	23.4B	27.5B	17.6B
Net Receivables	24.6B	21.5B	23.3B	25.0B	29.1B	17.9B
Liabilities And Stockholders Equity	194.4B	225.8B	230.6B	243.7B	268.5B	281.9B
Non Current Liabilities Total	19.8B	19.0B	20.7B	21.7B	24.4B	19.7B
Inventory	29.1B	29.4B	41.3B	41.4B	44.7B	22.9B
Other Current Assets	860.5M	3.7B	4.3B	1.5B	4.2B	2.3B
Other Stockholder Equity	(122.2B)	(134.6B)	(140.6B)	(147.7B)	167.0B	175.3B
Total Liab	72.3B	91.7B	90.3B	96.6B	101.5B	58.1B
Total Current Assets	81.5B	103.7B	101.9B	92.4B	105.5B	60.8B
Accumulated Other Comprehensive Income	122.0B	134.0B	140.2B	146.9B	(955.2M)	(907.4M)
Intangible Assets	284.9M	243.3M	212.3M	259.4M	257.4M	133.9M
Other Liab	8.7B	7.8B	9.0B	8.3B	9.6B	6.6B
Retained Earnings	122.3B	134.7B	140.7B	147.8B	167.8B	176.2B
Long Term Debt	7.8B	8.1B	8.2B	8.2B	7.2B	8.2B
Property Plant Equipment	105.8B	104.2B	107.3B	131.4B	151.1B	158.6B
Other Assets	6.0B	5.7B	9.0B	5.6B	6.4B	4.0B
Current Deferred Revenue	6.6B	8.7B	684M	569.3M	43.1M	40.9M
Short Term Investments	15.1B	47.4B	32.3B	20.9B	23.0B	24.2B
Short Term Debt	11.3B	12.6B	20.6B	16.8B	14.4B	13.8B
Net Tangible Assets	121.9B	133.9B	140.1B	146.8B	168.8B	108.7B
Short Long Term Debt	10.8B	9.2B	20.0B	16.1B	13.5B	12.1B
Long Term Debt Total	11.1B	11.2B	11.7B	13.3B	15.3B	13.1B
Non Current Liabilities Other	954M	1.8B	1.8B	2.3B	3.4B	3.5B
Net Invested Capital	140.7B	151.4B	168.5B	171.4B	187.8B	168.5B
Net Working Capital	29.0B	31.0B	32.3B	17.5B	28.4B	23.0B

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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.

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MRF Total Operating Expenses vs Operating Income Analysis

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Operating Income

MRF fundamental ratios Correlations

MRF Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MRF fundamental ratios Accounts

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Other Information on Investing in MRF Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Common Stock	- 0.77	Other Stockholder Equity
Other Stockholder Equity	- 0.77	Common Stock Shares Outstanding
Property Plant Equipment	- 0.64	Common Stock
Property Plant Equipment	- 0.64	Common Stock Shares Outstanding
Common Stock	- 0.61	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.61	Property Plant And Equipment Net