Ndr Income Tax Expense vs Selling And Marketing Expenses Analysis

NDRAUTO Stock   732.65  22.85  3.22%   
Ndr Auto financial indicator trend analysis is infinitely more than just investigating Ndr Auto Components recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ndr Auto Components is a good investment. Please check the relationship between Ndr Auto Income Tax Expense and its Selling And Marketing Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Ndr Auto Components. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Income Tax Expense vs Selling And Marketing Expenses

Income Tax Expense vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ndr Auto Components Income Tax Expense account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ndr Auto's Income Tax Expense and Selling And Marketing Expenses is 0.92. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Ndr Auto Components, assuming nothing else is changed. The correlation between historical values of Ndr Auto's Income Tax Expense and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Ndr Auto Components are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Income Tax Expense i.e., Ndr Auto's Income Tax Expense and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Selling And Marketing Expenses

Most indicators from Ndr Auto's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ndr Auto Components 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 Ndr Auto Components. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
As of the 1st of February 2025, Tax Provision is likely to grow to about 129.7 M, while Selling General Administrative is likely to drop about 16.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit850.6M1.3B1.5B1.6B
Total Revenue3.9B6.0B6.9B7.3B

Ndr Auto fundamental ratios Correlations

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-0.54-0.61-0.63-0.57-0.530.88-0.62-0.53-0.56-0.95-0.59-0.54-0.55-0.59-0.380.63-0.55-0.28-0.25-0.61-0.67-0.51-0.25-0.58-0.54
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0.150.230.610.080.03-0.260.20.23-0.20.40.020.02-0.380.230.28-0.14-0.16-0.30.30.260.46-0.140.260.120.04
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0.770.690.530.680.79-0.770.770.760.320.640.730.69-0.510.760.56-0.14-0.880.710.73-0.490.680.71-0.550.680.8
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Ndr Auto Account Relationship Matchups

Ndr Auto fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B2.5B3.4B4.0B4.6B2.9B
Short Long Term Debt Total44.4M129.7M337.2M311.7M358.4M376.4M
Other Current Liab12.1M49.6M168.9M82.1M94.4M65.5M
Total Current Liabilities391.6M465.4M944.2M1.2B1.3B1.4B
Total Stockholder Equity1.8B1.9B2.2B2.5B2.9B2.2B
Other Liab8.2M13.9M3.2M3.4M3.0M2.9M
Net Tangible Assets1.7B1.8B1.9B2.2B2.5B2.0B
Property Plant And Equipment Net442.4M791.8M1.5B1.6B1.8B917.7M
Current Deferred Revenue28.2M46.0M(25.5M)445K400.5K380.5K
Net Debt5.4M120.6M246.5M92.8M106.7M112.1M
Retained Earnings150.7M296.4M563.6M858.3M987.0M1.0B
Accounts Payable348.7M407.0M741.9M1.0B1.2B1.2B
Cash39.0M9.1M90.7M218.9M197.0M125.4M
Non Current Assets Total903.2M1.3B2.1B2.3B2.6B1.5B
Non Currrent Assets Other45.9M18.9M153.9M130.9M150.6M158.1M
Other Assets58.3M37.7M162.8M(1K)(1.2K)(1.1K)
Cash And Short Term Investments854.9M514.4M524.1M345.2M310.7M550.7M
Net Receivables332.0M304.6M311.0M871.2M1.0B1.1B
Short Term Investments815.9M505.3M433.4M126.3M113.7M108.0M
Liabilities And Stockholders Equity2.2B2.5B3.4B4.0B4.6B2.9B
Non Current Liabilities Total55.6M124.4M315.1M274.6M315.8M331.6M
Capital Lease Obligations44.4M109.9M318.8M294.7M338.9M355.8M
Inventory123.9M212.6M393.4M297.3M341.9M211.6M
Other Current Assets36.0M211.1M82.4M177.5M204.1M115.6M
Total Liab447.3M589.8M1.3B1.4B1.6B1.7B
Net Invested Capital1.8B1.9B2.2B2.6B2.9B2.2B
Total Current Assets1.3B1.2B1.3B1.7B1.9B1.4B
Net Working Capital934.1M777.3M366.7M538.9M485.0M599.8M
Short Term Debt(24.8M)8.5M25.5M45.6M52.4M55.0M
Intangible Assets336K1.5M2.2M1.2M1.3M1.1M
Property Plant Equipment334.3M442.4M791.8M1.5B1.7B1.8B
Property Plant And Equipment Gross796.5M1.2B1.9B1.6B1.8B1.3B

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Other Information on Investing in Ndr Stock

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