NATCOPHARM | | | 1,376 38.05 2.84% |
Natco Pharma financial indicator trend analysis is infinitely more than just investigating Natco Pharma Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natco Pharma Limited is a good investment. Please check the relationship between Natco Pharma Discontinued Operations and its Operating Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natco Pharma 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 persons.
Discontinued Operations vs Operating Income
Discontinued Operations vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natco Pharma Limited Discontinued Operations account and
Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Natco Pharma's Discontinued Operations and Operating Income is -0.39. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Operating Income in the same time period over historical financial statements of Natco Pharma Limited, assuming nothing else is changed. The correlation between historical values of Natco Pharma's Discontinued Operations 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 Discontinued Operations of Natco Pharma 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 Discontinued Operations i.e., Natco Pharma's Discontinued Operations and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Discontinued Operations
Operating Income
Operating Income is the amount of profit realized from Natco Pharma 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 Natco Pharma 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 Natco Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natco Pharma 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 Natco Pharma 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 persons.
As of now, Natco Pharma's
Selling General Administrative is increasing as compared to previous years. The Natco Pharma's current Discontinued Operations is estimated to increase to about 34.3
M, while
Tax Provision is projected to decrease to under 1.6
B.
Natco Pharma fundamental ratios Correlations
Click cells to compare fundamentals
Natco Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natco Pharma fundamental ratios Accounts
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Other Information on Investing in Natco Stock
Balance Sheet is a snapshot of the
financial position of Natco Pharma Limited at a specified time, usually calculated after every quarter, six months, or one year. Natco Pharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Natco Pharma 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 Natco currently owns. An asset can also be divided into two categories, current and non-current.