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 Total Operating Expenses and its Cost Of Revenue 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.
Total Operating Expenses vs Cost Of Revenue
Total Operating Expenses vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natco Pharma Limited Total Operating Expenses account and
Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Natco Pharma's Total Operating Expenses and Cost Of Revenue is 0.85. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Cost Of Revenue 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 Total Operating Expenses 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 Total Operating Expenses of Natco Pharma 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 Total Operating Expenses i.e., Natco Pharma's Total Operating Expenses and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Cost Of Revenue
Cost of Revenue is found on Natco Pharma Limited income statement and represents the costs associated with goods and services Natco Pharma 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 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.