NMDC Interest Expense vs Total Revenue Analysis

NMDC Stock   230.07  2.34  1.03%   
NMDC financial indicator trend analysis is infinitely more than just investigating NMDC Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NMDC Limited is a good investment. Please check the relationship between NMDC Interest Expense and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NMDC 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.

Interest Expense vs Total Revenue

Interest Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMDC Limited Interest Expense account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NMDC's Interest Expense and Total Revenue is 0.55. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of NMDC Limited, assuming nothing else is changed. The correlation between historical values of NMDC's Interest Expense and Total 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 Interest Expense of NMDC Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Expense i.e., NMDC's Interest Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts NMDC Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from NMDC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NMDC 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 NMDC 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.
At this time, NMDC's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 26 B in 2024, whereas Discontinued Operations is likely to drop (8.2 M) in 2024.
 2021 2022 2023 2024 (projected)
Operating Income123.5B57.2B91.5B58.1B
Total Revenue258.8B176.7B213.1B223.7B

NMDC fundamental ratios Correlations

0.060.440.960.350.220.670.120.510.460.860.280.310.460.470.360.610.580.590.140.630.150.25-0.070.51-0.03
0.060.260.010.110.260.070.24-0.130.440.070.40.30.010.250.160.07-0.28-0.28-0.13-0.22-0.160.39-0.330.190.17
0.440.260.250.870.250.66-0.420.340.710.370.280.860.150.990.870.00.240.260.680.410.62-0.05-0.880.830.19
0.960.010.250.150.150.490.290.410.350.870.330.130.480.270.180.740.540.54-0.060.53-0.010.360.070.3-0.07
0.350.110.870.150.350.67-0.660.540.670.32-0.070.85-0.170.90.94-0.240.390.40.820.60.81-0.41-0.740.870.07
0.220.260.250.150.350.370.190.20.230.01-0.290.41-0.490.30.37-0.210.150.16-0.040.250.11-0.15-0.270.390.21
0.670.070.660.490.670.37-0.310.470.560.380.050.690.220.740.68-0.010.420.430.520.580.33-0.11-0.360.870.08
0.120.24-0.420.29-0.660.19-0.31-0.48-0.140.110.38-0.320.13-0.46-0.540.56-0.35-0.36-0.93-0.48-0.630.740.3-0.50.27
0.51-0.130.340.410.540.20.47-0.480.110.34-0.520.11-0.160.430.38-0.20.940.940.580.960.53-0.620.00.65-0.22
0.460.440.710.350.670.230.56-0.140.110.510.440.820.230.710.760.23-0.020.00.310.180.390.22-0.60.60.06
0.860.070.370.870.320.010.380.110.340.510.450.290.370.360.340.770.370.380.070.450.280.37-0.10.280.02
0.280.40.280.33-0.07-0.290.050.38-0.520.440.450.30.60.20.050.74-0.48-0.47-0.24-0.45-0.20.89-0.33-0.080.23
0.310.30.860.130.850.410.69-0.320.110.820.290.3-0.040.870.89-0.05-0.04-0.020.510.190.570.02-0.840.770.27
0.460.010.150.48-0.17-0.490.220.13-0.160.230.370.6-0.040.11-0.070.580.00.0-0.03-0.05-0.380.530.05-0.03-0.24
0.470.250.990.270.90.30.74-0.460.430.710.360.20.870.110.88-0.060.320.340.720.490.64-0.12-0.830.90.18
0.360.160.870.180.940.370.68-0.540.380.760.340.050.89-0.070.88-0.130.250.270.710.470.67-0.27-0.780.80.12
0.610.070.00.74-0.24-0.21-0.010.56-0.20.230.770.74-0.050.58-0.06-0.13-0.04-0.04-0.43-0.09-0.260.790.09-0.230.05
0.58-0.280.240.540.390.150.42-0.350.94-0.020.37-0.48-0.040.00.320.25-0.041.00.470.960.35-0.530.110.51-0.3
0.59-0.280.260.540.40.160.43-0.360.940.00.38-0.47-0.020.00.340.27-0.041.00.490.960.36-0.530.090.53-0.29
0.14-0.130.68-0.060.82-0.040.52-0.930.580.310.07-0.240.51-0.030.720.71-0.430.470.490.610.69-0.63-0.510.72-0.18
0.63-0.220.410.530.60.250.58-0.480.960.180.45-0.450.19-0.050.490.47-0.090.960.960.610.52-0.57-0.040.67-0.24
0.15-0.160.62-0.010.810.110.33-0.630.530.390.28-0.20.57-0.380.640.67-0.260.350.360.690.52-0.48-0.510.620.26
0.250.39-0.050.36-0.41-0.15-0.110.74-0.620.220.370.890.020.53-0.12-0.270.79-0.53-0.53-0.63-0.57-0.48-0.03-0.330.27
-0.07-0.33-0.880.07-0.74-0.27-0.360.30.0-0.6-0.1-0.33-0.840.05-0.83-0.780.090.110.09-0.51-0.04-0.51-0.03-0.58-0.31
0.510.190.830.30.870.390.87-0.50.650.60.28-0.080.77-0.030.90.8-0.230.510.530.720.670.62-0.33-0.580.11
-0.030.170.19-0.070.070.210.080.27-0.220.060.020.230.27-0.240.180.120.05-0.3-0.29-0.18-0.240.260.27-0.310.11
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NMDC Account Relationship Matchups

NMDC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets312.9B369.3B448.5B282.5B356.6B238.5B
Other Current Liab17.9B34.0B21.0B25.0B44.0B46.2B
Total Current Liabilities27.8B55.4B69.3B42.0B84.0B88.3B
Total Stockholder Equity276.7B298.8B349.9B226.2B256.6B205.1B
Other Liab7.7B8.3B9.5B12.4B14.3B15.0B
Retained Earnings15.2B16.2B16.8B18.6B19.2B12.7B
Accounts Payable2.3B3.6B6.6B4.3B4.1B2.7B
Cash1.1B4.6B1.2B930M1.1B1.0B
Other Assets41.2B43.6B50.2B14.2B16.3B15.3B
Net Receivables26.1B24.4B29.5B43.6B35.1B36.8B
Short Term Investments23.3B32.6B67.0B75.0B121.7B127.7B
Inventory7.2B9.2B21.6B26.6B27.7B29.1B
Other Current Assets15.7B35.5B38.6B12.0B30.0B20.2B
Total Liab36.1B70.3B98.5B56.1B99.9B104.9B
Intangible Assets4.8B5.7B5.4B7.2B7.7B8.0B
Property Plant Equipment187.6B204.3B224.9B43.8B50.4B80.4B
Property Plant And Equipment Net187.6B204.3B224.9B43.8B57.5B83.5B
Net Debt10.9B20.2B37.8B3.3B32.5B34.1B
Non Current Assets Total239.5B263.3B290.4B124.4B141.1B112.3B
Non Currrent Assets Other33.0B39.6B44.9B60.1B65.5B68.8B
Cash And Short Term Investments24.3B37.2B68.2B75.9B122.8B99.0B
Liabilities And Stockholders Equity312.9B369.3B448.5B282.5B356.6B259.1B
Non Current Liabilities Total8.3B15.0B29.2B14.1B15.8B16.6B
Other Stockholder Equity(541.2B)279.7B1.0204.7B230.2B241.7B
Total Current Assets73.5B106.0B158.1B158.1B215.5B146.8B
Accumulated Other Comprehensive Income(9.8B)279.7B159.6B204.7B234.4B246.1B
Net Tangible Assets257.3B270.9B292.2B343.5B395.1B309.7B
Short Long Term Debt Total11.9B24.8B39.1B4.2B33.6B19.8B
Current Deferred Revenue11.5B13.9B10.9B10.2B1.4B1.3B
Short Long Term Debt5.7B14.5B18.2B4.2B33.6B35.2B
Short Term Debt3.6B17.8B17.9B4.2B33.6B35.2B
Long Term Debt Total58.3M5.5B16.7B50.2M57.7M54.8M
Cash And Equivalents69.8M60.8M412.4M523.8M348.6M0.0
Net Invested Capital282.4B318.8B384.7B230.4B290.1B317.4B
Net Working Capital45.7B50.6B88.8B116.1B131.4B84.1B
Capital Lease Obligations58.3M47M74.4M66.8M22.4M21.3M

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