Natco Other Operating Expenses vs Income Tax Expense Analysis

NATCOPHARM   770.70  26.05  3.27%   
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 Other Operating Expenses and its Income Tax Expense 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.

Other Operating Expenses vs Income Tax Expense

Other Operating Expenses vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natco Pharma Limited Other Operating Expenses account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natco Pharma's Other Operating Expenses and Income Tax Expense is 0.52. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Tax Expense 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 Other Operating Expenses and Income Tax 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 Other Operating Expenses of Natco Pharma Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Other Operating Expenses i.e., Natco Pharma's Other Operating Expenses and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Natco Pharma Limited. It is also known as Natco Pharma overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Tax Expense

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.
The Natco Pharma's current Selling General Administrative is estimated to increase to about 1.4 B. The Natco Pharma's current Discontinued Operations is estimated to increase to about 34.3 M
 2022 2023 2024 2025 (projected)
Interest Expense145M192M220.8M180.0M
Depreciation And Amortization1.6B1.9B2.1B2.3B

Natco Pharma fundamental ratios Correlations

0.520.50.951.00.980.340.990.520.990.680.970.810.97-0.210.970.90.720.010.990.770.820.960.570.860.71
0.520.030.550.50.560.940.50.180.550.320.470.60.480.270.50.350.480.410.490.550.380.430.360.360.95
0.50.030.670.480.42-0.010.530.130.440.50.410.450.50.010.460.590.120.160.530.440.080.640.330.530.17
0.950.550.670.930.920.410.930.390.930.620.90.830.92-0.090.90.870.630.140.950.810.70.960.530.810.71
1.00.50.480.930.980.320.990.530.990.680.980.80.97-0.220.970.90.72-0.010.990.770.820.950.560.850.71
0.980.560.420.920.980.380.950.51.00.560.940.860.91-0.230.990.810.79-0.010.960.830.790.90.480.780.76
0.340.94-0.010.410.320.380.32-0.170.370.160.30.470.330.490.310.150.330.60.310.440.250.260.150.120.83
0.990.50.530.930.990.950.320.530.970.770.960.740.97-0.210.950.940.620.00.990.70.780.970.650.910.68
0.520.180.130.390.530.5-0.170.530.530.470.480.370.42-0.650.550.580.43-0.550.50.330.380.490.620.70.33
0.990.550.440.930.991.00.370.970.530.620.940.840.92-0.230.990.850.75-0.020.970.80.790.920.550.820.75
0.680.320.50.620.680.560.160.770.470.620.650.250.730.030.60.830.10.150.720.220.430.750.750.840.42
0.970.470.410.90.980.940.30.960.480.940.650.750.99-0.230.910.880.73-0.030.980.710.890.940.50.820.67
0.810.60.450.830.80.860.470.740.370.840.250.750.72-0.170.840.590.850.030.780.980.620.730.240.530.75
0.970.480.50.920.970.910.330.970.420.920.730.990.72-0.140.890.920.640.070.980.680.850.960.560.840.66
-0.210.270.01-0.09-0.22-0.230.49-0.21-0.65-0.230.03-0.23-0.17-0.14-0.23-0.3-0.270.97-0.19-0.16-0.29-0.19-0.29-0.370.15
0.970.50.460.90.970.990.310.950.550.990.60.910.840.89-0.230.810.77-0.020.950.80.730.880.490.790.71
0.90.350.590.870.90.810.150.940.580.850.830.880.590.92-0.30.810.43-0.110.920.570.730.950.770.970.5
0.720.480.120.630.720.790.330.620.430.750.10.730.850.64-0.270.770.43-0.10.690.830.70.590.060.380.67
0.010.410.160.14-0.01-0.010.60.0-0.55-0.020.15-0.030.030.070.97-0.02-0.11-0.10.030.04-0.120.02-0.19-0.190.33
0.990.490.530.950.990.960.310.990.50.970.720.980.780.98-0.190.950.920.690.030.750.820.980.570.870.68
0.770.550.440.810.770.830.440.70.330.80.220.710.980.68-0.160.80.570.830.040.750.610.710.220.510.69
0.820.380.080.70.820.790.250.780.380.790.430.890.620.85-0.290.730.730.7-0.120.820.610.770.370.650.53
0.960.430.640.960.950.90.260.970.490.920.750.940.730.96-0.190.880.950.590.020.980.710.770.630.90.62
0.570.360.330.530.560.480.150.650.620.550.750.50.240.56-0.290.490.770.06-0.190.570.220.370.630.870.36
0.860.360.530.810.850.780.120.910.70.820.840.820.530.84-0.370.790.970.38-0.190.870.510.650.90.870.49
0.710.950.170.710.710.760.830.680.330.750.420.670.750.660.150.710.50.670.330.680.690.530.620.360.49
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Natco Pharma Account Relationship Matchups

Natco Pharma fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets47.9B51.1B56.6B69.1B79.4B83.4B
Short Long Term Debt Total2.8B4.3B1.7B3.9B4.4B2.4B
Other Current Liab938M360M1.5B3.2B3.7B3.9B
Total Current Liabilities5.3B7.1B6.8B9.7B11.2B11.7B
Total Stockholder Equity41.2B42.6B48.7B58.5B67.3B70.7B
Property Plant And Equipment Net22.4B23.1B23.0B24.4B28.0B29.4B
Net Debt2.6B3.2B348M3.2B3.6B2.0B
Retained Earnings25.7B26.7B32.9B44.7B51.4B53.9B
Cash258M1.1B1.3B704M809.6M412.4M
Non Current Assets Total24.5B26.1B26.6B28.8B33.2B34.8B
Non Currrent Assets Other285M469M271M955M1.1B1.2B
Cash And Short Term Investments8.1B7.6B11.6B13.9B16.0B16.8B
Common Stock Shares Outstanding182.5M182.4M182.6M179.5M206.4M176.8M
Short Term Investments7.8B6.5B10.3B17.1B19.6B20.6B
Liabilities And Stockholders Equity47.9B51.1B56.6B69.1B79.4B83.4B
Non Current Liabilities Total1.4B1.4B(41.6B)804M723.6M759.8M
Inventory8.0B7.6B7.4B7.9B9.1B9.6B
Other Current Assets1.1B2.4B5.4B6.5B7.5B7.9B
Other Stockholder Equity13.9B14.1B14.1B12.0B13.8B7.1B
Total Liab6.7B8.5B(34.8B)10.5B9.5B10.0B
Total Current Assets23.4B25.0B30.0B40.2B46.3B48.6B
Accumulated Other Comprehensive Income1.3B1.5B1.4B1.5B1.7B1.8B
Accounts Payable1.5B1.6B2.6B2.4B2.7B2.8B
Net Receivables4.1B6.2B8.6B11.9B13.7B14.4B
Intangible Assets94M822M1.3B1.4B1.6B1.7B
Short Term Debt2.8B4.2B1.8B3.8B4.4B2.5B
Current Deferred Revenue13M877M1.1B853M981.0M923.4M
Other Liab1.2B1.4B1.3B994M1.1B834.9M
Net Tangible Assets37.6B41.1B41.3B46.9B53.9B30.4B
Other Assets762M486M662M271M243.9M451.6M
Short Long Term Debt2.8B4.0B1.7B3.6B4.2B2.6B
Property Plant Equipment20.9B22.4B23.1B23.0B26.5B17.5B
Capital Surpluse13.7B13.9B14.1B14.1B16.2B13.4B
Net Invested Capital41.2B46.7B50.4B62.2B71.5B49.1B

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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.