Ratnamani Operating Income vs Depreciation And Amortization 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 Operating Income and its Depreciation And Amortization 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.

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ratnamani Metals Tubes Operating Income account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ratnamani Metals' Operating Income and Depreciation And Amortization is 0.55. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Depreciation And Amortization 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' Operating Income and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ratnamani Metals Tubes are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Operating Income i.e., Ratnamani Metals' Operating Income and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Ratnamani Metals Tubes operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ratnamani Metals Tubes is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 Operating Income vs Depreciation And Amortization Analysis

Operating Income vs Depreciation And Amortization

Operating Income vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Operating Income

Depreciation And Amortization

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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