NMDC Selling And Marketing Expenses vs Interest Income Analysis

NMDC Stock   61.93  1.25  1.98%   
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 Selling And Marketing Expenses and its Interest Income 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.

Selling And Marketing Expenses vs Interest Income

Selling And Marketing Expenses vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NMDC Limited Selling And Marketing Expenses account and Interest Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between NMDC's Selling And Marketing Expenses and Interest Income is 0.31. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Interest Income 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 Selling And Marketing Expenses and Interest 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 Selling And Marketing Expenses of NMDC Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling And Marketing Expenses i.e., NMDC's Selling And Marketing Expenses and Interest Income go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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.
Selling General Administrative is likely to gain to about 15.4 B in 2025, whereas Discontinued Operations is likely to drop (8.2 M) in 2025.
 2022 2023 2024 2025 (projected)
Operating Income57.2B91.5B105.2B58.1B
Total Revenue176.7B213.1B245.0B257.3B

NMDC fundamental ratios Correlations

0.110.470.950.410.290.70.070.450.480.860.320.370.470.50.410.560.470.510.20.620.210.3-0.140.530.02
0.110.350.040.170.310.130.19-0.150.490.080.450.380.030.340.260.05-0.32-0.3-0.04-0.21-0.050.41-0.380.260.2
0.470.350.250.870.350.67-0.420.210.780.340.440.910.160.990.9-0.050.070.120.710.340.690.06-0.870.830.23
0.950.040.250.190.180.50.270.390.330.890.320.160.490.270.190.740.490.51-0.030.530.020.380.010.31-0.04
0.410.170.870.190.410.71-0.670.490.720.330.070.85-0.130.90.94-0.260.30.340.840.590.84-0.32-0.720.90.09
0.290.310.350.180.410.430.140.160.30.04-0.160.47-0.430.380.44-0.220.070.10.050.260.19-0.08-0.310.430.24
0.70.130.670.50.710.43-0.340.410.590.390.150.690.240.730.69-0.030.310.350.560.560.4-0.03-0.40.860.12
0.070.19-0.420.27-0.670.14-0.34-0.45-0.20.10.29-0.340.12-0.46-0.540.57-0.31-0.33-0.92-0.48-0.630.690.3-0.520.24
0.45-0.150.210.390.490.160.41-0.450.050.33-0.520.03-0.160.30.27-0.190.930.940.510.950.45-0.620.010.57-0.24
0.480.490.780.330.720.30.59-0.20.050.490.540.860.230.780.810.17-0.1-0.070.40.160.50.27-0.690.660.11
0.860.080.340.890.330.040.390.10.330.490.440.280.380.340.320.750.340.370.080.460.280.38-0.10.280.03
0.320.450.440.320.07-0.160.150.29-0.520.540.440.450.570.370.240.65-0.51-0.48-0.09-0.41-0.010.87-0.440.070.26
0.370.380.910.160.850.470.69-0.340.030.860.280.450.00.910.92-0.08-0.14-0.090.580.170.650.12-0.840.790.29
0.470.030.160.49-0.13-0.430.240.12-0.160.230.380.570.00.13-0.020.57-0.02-0.020.0-0.04-0.330.530.020.0-0.22
0.50.340.990.270.90.380.73-0.460.30.780.340.370.910.130.91-0.10.150.20.740.420.710.0-0.840.90.22
0.410.260.90.190.940.440.69-0.540.270.810.320.240.92-0.020.91-0.150.10.150.740.410.73-0.13-0.810.820.17
0.560.05-0.050.74-0.26-0.22-0.030.57-0.190.170.750.65-0.080.57-0.1-0.15-0.02-0.02-0.43-0.09-0.270.760.1-0.240.03
0.47-0.320.070.490.30.070.31-0.310.93-0.10.34-0.51-0.14-0.020.150.1-0.021.00.370.920.23-0.550.120.4-0.32
0.51-0.30.120.510.340.10.35-0.330.94-0.070.37-0.48-0.09-0.020.20.15-0.021.00.410.940.27-0.550.080.44-0.31
0.2-0.040.71-0.030.840.050.56-0.920.510.40.08-0.090.580.00.740.74-0.430.370.410.590.73-0.53-0.540.75-0.13
0.62-0.210.340.530.590.260.56-0.480.950.160.46-0.410.17-0.040.420.41-0.090.920.940.590.48-0.55-0.070.63-0.23
0.21-0.050.690.020.840.190.4-0.630.450.50.28-0.010.65-0.330.710.73-0.270.230.270.730.48-0.36-0.580.670.29
0.30.410.060.38-0.32-0.08-0.030.69-0.620.270.380.870.120.530.0-0.130.76-0.55-0.55-0.53-0.55-0.36-0.07-0.240.29
-0.14-0.38-0.870.01-0.72-0.31-0.40.30.01-0.69-0.1-0.44-0.840.02-0.84-0.810.10.120.08-0.54-0.07-0.58-0.07-0.64-0.29
0.530.260.830.310.90.430.86-0.520.570.660.280.070.790.00.90.82-0.240.40.440.750.630.67-0.24-0.640.15
0.020.20.23-0.040.090.240.120.24-0.240.110.030.260.29-0.220.220.170.03-0.32-0.31-0.13-0.230.290.29-0.290.15
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NMDC Account Relationship Matchups

NMDC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets369.3B448.5B282.5B356.6B410.1B238.5B
Other Current Liab34.0B21.0B25.0B44.0B50.6B53.2B
Total Current Liabilities55.4B69.3B42.0B84.0B96.7B101.5B
Total Stockholder Equity298.8B349.9B226.2B256.6B295.0B205.1B
Other Liab7.7B8.3B9.5B12.4B14.3B15.0B
Retained Earnings16.2B16.8B18.6B19.2B22.1B12.7B
Accounts Payable3.6B6.6B4.3B4.1B4.7B2.7B
Cash4.6B1.2B930M1.1B984.5M935.3M
Other Assets41.2B43.6B50.2B14.2B16.3B15.3B
Net Receivables24.4B29.5B43.6B35.1B40.4B42.4B
Short Term Investments32.6B67.0B75.0B121.7B139.9B146.9B
Inventory9.2B21.6B26.6B27.7B31.8B33.4B
Other Current Assets35.5B38.6B12.0B30.0B34.5B20.2B
Total Liab70.3B98.5B56.1B99.9B114.9B120.6B
Intangible Assets5.7B5.4B7.2B7.7B8.8B9.3B
Property Plant Equipment187.6B204.3B224.9B43.8B50.4B80.4B
Property Plant And Equipment Net204.3B224.9B43.8B57.5B66.1B83.5B
Net Debt20.2B37.8B3.3B32.5B37.4B39.2B
Non Current Assets Total263.3B290.4B124.4B141.1B162.3B112.3B
Non Currrent Assets Other39.6B44.9B60.1B65.5B75.3B79.1B
Cash And Short Term Investments37.2B68.2B75.9B122.8B141.2B99.0B
Liabilities And Stockholders Equity369.3B448.5B282.5B356.6B410.1B259.1B
Non Current Liabilities Total15.0B29.2B14.1B15.8B18.2B19.1B
Other Stockholder Equity279.7B1.0204.7B230.2B207.2B217.5B
Total Current Assets106.0B158.1B158.1B215.5B247.8B146.8B
Accumulated Other Comprehensive Income279.7B159.6B204.7B234.4B269.5B283.0B
Net Tangible Assets257.3B270.9B292.2B343.5B395.1B309.7B
Short Long Term Debt Total24.8B39.1B4.2B33.6B38.6B19.8B
Current Deferred Revenue13.9B10.9B10.2B1.4B1.2B1.2B
Short Long Term Debt14.5B18.2B4.2B33.6B38.6B40.5B
Short Term Debt17.8B17.9B4.2B33.6B38.6B40.5B
Long Term Debt Total58.3M5.5B16.7B50.2M57.7M54.8M
Net Invested Capital318.8B384.7B230.4B290.1B333.6B317.4B
Net Working Capital50.6B88.8B116.1B131.4B151.2B84.1B
Capital Lease Obligations47M74.4M66.8M22.4M20.2M19.2M

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