Ratnamani Gross Profit vs Cost Of Revenue Analysis

RATNAMANI

3,527 61.15 1.76%

Ratnamani Metals financial indicator trend analysis is much more than just breaking down Ratnamani Metals Tubes prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ratnamani Metals Tubes is a good investment. Please check the relationship between Ratnamani Metals Gross Profit and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ratnamani Metals Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ratnamani Metals Tubes Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Ratnamani Metals' Gross Profit and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Ratnamani Metals Tubes, assuming nothing else is changed. The correlation between historical values of Ratnamani Metals' Gross Profit 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 Gross Profit of Ratnamani Metals Tubes 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 Gross Profit i.e., Ratnamani Metals' Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ratnamani Metals Tubes minus its cost of goods sold. It is profit before Ratnamani Metals operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Ratnamani Metals Tubes income statement and represents the costs associated with goods and services Ratnamani Metals 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 Ratnamani Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ratnamani Metals Tubes 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ratnamani Metals Tubes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of November 26, 2024, Selling General Administrative is expected to decline to about 132.2 M. In addition to that, Tax Provision is expected to decline to about 1.2 B

	2021	2022	2023	2024 (projected)
Gross Profit	9.4B	15.3B	16.1B	16.9B
Total Revenue	31.2B	44.7B	50.6B	53.1B

Gross Profit Total Revenue

Ratnamani Metals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Retained Earnings	Net Receivables	Short Term Debt
Total Assets		0.49	0.31	0.75	0.99	0.99	0.01	0.83	0.61	0.99	-0.23	0.47	0.4	0.7	0.38	0.72	0.98	0.64	-0.59	0.79	1.0	0.7	0.38	0.94	0.8	-0.04
Short Long Term Debt Total	0.49		0.42	0.66	0.4	0.52	0.74	0.41	0.17	0.52	-0.32	0.44	0.26	0.17	0.43	0.74	0.47	0.39	-0.6	0.72	0.47	0.29	0.32	0.38	0.23	0.43
Other Current Liab	0.31	0.42		0.33	0.3	0.29	0.34	0.21	-0.11	0.29	-0.52	-0.21	0.23	0.14	-0.16	0.31	0.36	0.62	-0.2	0.34	0.32	0.32	-0.25	0.23	0.44	0.09
Total Current Liabilities	0.75	0.66	0.33		0.68	0.73	0.44	0.91	0.25	0.73	-0.18	0.45	0.51	0.3	0.37	0.82	0.76	0.66	-0.49	0.98	0.75	0.61	0.47	0.55	0.73	0.17
Total Stockholder Equity	0.99	0.4	0.3	0.68		0.98	-0.09	0.8	0.63	0.98	-0.24	0.46	0.4	0.74	0.37	0.65	0.96	0.62	-0.56	0.72	0.99	0.68	0.35	0.96	0.79	-0.12
Property Plant And Equipment Net	0.99	0.52	0.29	0.73	0.98		0.03	0.81	0.61	1.0	-0.19	0.51	0.41	0.71	0.42	0.75	0.96	0.59	-0.6	0.78	0.98	0.69	0.39	0.94	0.76	-0.05
Net Debt	0.01	0.74	0.34	0.44	-0.09	0.03		0.14	-0.51	0.03	-0.23	0.2	0.05	-0.42	0.33	0.55	0.01	0.27	-0.33	0.48	-0.01	-0.09	0.22	-0.18	-0.02	0.4
Accounts Payable	0.83	0.41	0.21	0.91	0.8	0.81	0.14		0.36	0.81	-0.23	0.56	0.47	0.44	0.45	0.73	0.82	0.67	-0.45	0.89	0.84	0.65	0.49	0.68	0.82	-0.04
Cash	0.61	0.17	-0.11	0.25	0.63	0.61	-0.51	0.36		0.62	0.01	0.26	0.22	0.84	0.03	0.15	0.6	0.06	-0.3	0.25	0.61	0.51	0.14	0.75	0.32	0.08
Non Current Assets Total	0.99	0.52	0.29	0.73	0.98	1.0	0.03	0.81	0.62		-0.19	0.5	0.41	0.71	0.41	0.75	0.96	0.59	-0.6	0.78	0.99	0.69	0.39	0.94	0.76	-0.05
Non Currrent Assets Other	-0.23	-0.32	-0.52	-0.18	-0.24	-0.19	-0.23	-0.23	0.01	-0.19		-0.21	0.24	-0.01	-0.23	-0.25	-0.24	-0.46	0.2	-0.21	-0.26	-0.17	0.23	-0.25	-0.29	-0.35
Cash And Short Term Investments	0.47	0.44	-0.21	0.45	0.46	0.51	0.2	0.56	0.26	0.5	-0.21		0.28	0.19	0.95	0.55	0.33	0.04	-0.35	0.5	0.46	0.18	0.49	0.37	0.19	-0.15
Good Will	0.4	0.26	0.23	0.51	0.4	0.41	0.05	0.47	0.22	0.41	0.24	0.28		0.34	0.18	0.21	0.34	0.19	0.05	0.44	0.4	0.26	0.3	0.21	0.36	-0.49
Common Stock Shares Outstanding	0.7	0.17	0.14	0.3	0.74	0.71	-0.42	0.44	0.84	0.71	-0.01	0.19	0.34		-0.02	0.29	0.69	0.33	-0.42	0.33	0.7	0.75	0.05	0.83	0.57	0.0
Short Term Investments	0.38	0.43	-0.16	0.37	0.37	0.42	0.33	0.45	0.03	0.41	-0.23	0.95	0.18	-0.02		0.53	0.23	0.03	-0.33	0.43	0.36	0.0	0.48	0.25	0.09	-0.19
Non Current Liabilities Total	0.72	0.74	0.31	0.82	0.65	0.75	0.55	0.73	0.15	0.75	-0.25	0.55	0.21	0.29	0.53		0.69	0.56	-0.64	0.91	0.71	0.65	0.33	0.6	0.65	0.28
Inventory	0.98	0.47	0.36	0.76	0.96	0.96	0.01	0.82	0.6	0.96	-0.24	0.33	0.34	0.69	0.23	0.69		0.73	-0.63	0.79	0.98	0.69	0.4	0.93	0.8	0.03
Other Current Assets	0.64	0.39	0.62	0.66	0.62	0.59	0.27	0.67	0.06	0.59	-0.46	0.04	0.19	0.33	0.03	0.56	0.73		-0.59	0.65	0.67	0.53	0.26	0.56	0.73	0.1
Other Stockholder Equity	-0.59	-0.6	-0.2	-0.49	-0.56	-0.6	-0.33	-0.45	-0.3	-0.6	0.2	-0.35	0.05	-0.42	-0.33	-0.64	-0.63	-0.59		-0.57	-0.59	-0.36	-0.56	-0.6	-0.32	-0.25
Total Liab	0.79	0.72	0.34	0.98	0.72	0.78	0.48	0.89	0.25	0.78	-0.21	0.5	0.44	0.33	0.43	0.91	0.79	0.65	-0.57		0.79	0.64	0.45	0.61	0.74	0.21
Total Current Assets	1.0	0.47	0.32	0.75	0.99	0.98	-0.01	0.84	0.61	0.99	-0.26	0.46	0.4	0.7	0.36	0.71	0.98	0.67	-0.59	0.79		0.69	0.38	0.94	0.81	-0.04
Common Stock	0.7	0.29	0.32	0.61	0.68	0.69	-0.09	0.65	0.51	0.69	-0.17	0.18	0.26	0.75	0.0	0.65	0.69	0.53	-0.36	0.64	0.69		-0.12	0.73	0.87	0.27
Current Deferred Revenue	0.38	0.32	-0.25	0.47	0.35	0.39	0.22	0.49	0.14	0.39	0.23	0.49	0.3	0.05	0.48	0.33	0.4	0.26	-0.56	0.45	0.38	-0.12		0.24	0.02	-0.3
Retained Earnings	0.94	0.38	0.23	0.55	0.96	0.94	-0.18	0.68	0.75	0.94	-0.25	0.37	0.21	0.83	0.25	0.6	0.93	0.56	-0.6	0.61	0.94	0.73	0.24		0.73	0.06
Net Receivables	0.8	0.23	0.44	0.73	0.79	0.76	-0.02	0.82	0.32	0.76	-0.29	0.19	0.36	0.57	0.09	0.65	0.8	0.73	-0.32	0.74	0.81	0.87	0.02	0.73		0.05
Short Term Debt	-0.04	0.43	0.09	0.17	-0.12	-0.05	0.4	-0.04	0.08	-0.05	-0.35	-0.15	-0.49	0.0	-0.19	0.28	0.03	0.1	-0.25	0.21	-0.04	0.27	-0.3	0.06	0.05

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Ratnamani Metals Account Relationship Matchups

Ratnamani Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	25.4B	26.2B	29.6B	37.8B	40.2B	42.2B
Short Long Term Debt Total	2.5B	2.1B	1.6B	2.4B	1.5B	1.7B
Other Current Liab	364.5M	57.5M	327.5M	573.0M	333.0M	311.1M
Total Current Liabilities	6.2B	4.3B	5.7B	8.6B	6.0B	3.6B
Total Stockholder Equity	17.1B	19.9B	22.5B	26.0B	31.4B	33.0B
Property Plant And Equipment Net	8.7B	9.4B	9.8B	12.0B	13.1B	13.8B
Net Debt	2.1B	1.6B	1.2B	2.0B	(540.3M)	(513.2M)
Accounts Payable	2.6B	2.4B	3.1B	3.7B	3.6B	1.9B
Cash	454.5M	421.3M	386.4M	341.2M	2.1B	2.2B
Non Current Assets Total	9.0B	9.6B	10.0B	12.5B	13.5B	14.2B
Non Currrent Assets Other	308.7M	94.6M	128.7M	114.0M	173.5M	224.8M
Cash And Short Term Investments	3.4B	7.0B	1.7B	2.0B	3.0B	1.6B
Short Term Investments	2.9B	6.5B	1.4B	1.7B	887.1M	1.1B
Liabilities And Stockholders Equity	25.4B	26.2B	29.6B	37.8B	40.2B	42.2B
Non Current Liabilities Total	2.2B	2.0B	1.5B	3.2B	2.0B	1.2B
Inventory	8.6B	5.4B	11.1B	12.6B	13.5B	14.2B
Other Current Assets	710.7M	170.9M	994.8M	1.0B	883.3M	504.2M
Other Stockholder Equity	(16.8B)	267.1M	227.9M	181.2M	(7.0B)	(6.7B)
Total Liab	8.4B	6.3B	7.1B	11.8B	8.0B	5.3B
Total Current Assets	16.4B	16.5B	19.6B	25.3B	26.7B	28.0B
Accumulated Other Comprehensive Income	(2.9B)	7.3B	7.3B	7.3B	7.3B	7.7B
Current Deferred Revenue	2.4B	1.3B	1.9B	597.3M	807.0M	1.1B
Retained Earnings	9.5B	12.3B	14.8B	18.4B	31.0B	32.5B
Net Receivables	3.7B	4.0B	6.0B	10.1B	9.4B	5.4B
Short Term Debt	759.1M	516.1M	531.4M	1.7B	1.2B	860.0M
Intangible Assets	7.8M	7.3M	11.1M	8.6M	9.8M	10.3M
Other Liab	432.2M	306.8M	474.6M	441.5M	397.3M	354.9M
Net Tangible Assets	15.2B	17.1B	19.9B	22.5B	25.8B	15.5B
Other Assets	310.1M	95.6M	163.3M	114.0M	1.0	0.95
Short Long Term Debt	759.1M	8.0M	520.1M	1.7B	1.2B	725.6M
Property Plant Equipment	8.7B	9.4B	9.8B	12.0B	13.8B	7.7B
Long Term Debt Total	1.8B	1.5B	1.0B	689.4M	792.8M	791.5M
Net Invested Capital	19.6B	21.3B	24.0B	28.3B	32.8B	24.5B
Net Working Capital	10.2B	12.3B	14.0B	16.7B	20.7B	14.4B

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

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Ratnamani Gross Profit vs Cost Of Revenue Analysis

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Cost Of Revenue

Ratnamani Metals fundamental ratios Correlations

Ratnamani Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ratnamani Metals fundamental ratios Accounts

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Other Information on Investing in Ratnamani Stock

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Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.64	Non Current Liabilities Total
Other Stockholder Equity	- 0.63	Inventory
Retained Earnings	- 0.6	Other Stockholder Equity
Other Stockholder Equity	- 0.6	Non Current Assets Total
Other Stockholder Equity	- 0.6	Property Plant And Equipment Net
Other Stockholder Equity	- 0.6	Short Long Term Debt Total