Shaily Income Tax Expense vs Total Revenue Analysis

SHAILY Stock   1,519  32.00  2.15%   
Shaily Engineering financial indicator trend analysis is much more than just breaking down Shaily Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaily Engineering is a good investment. Please check the relationship between Shaily Engineering Income Tax Expense and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shaily Engineering Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaily Engineering Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
Income Tax ExpenseTotal RevenueDiversified AwayIncome Tax ExpenseTotal RevenueDiversified Away100%
The correlation between Shaily Engineering's Income Tax Expense and Total Revenue is 0.92. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shaily Engineering Plastics, assuming nothing else is changed. The correlation between historical values of Shaily Engineering's Income Tax 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 Income Tax Expense of Shaily Engineering Plastics 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 Income Tax Expense i.e., Shaily Engineering's Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Total Revenue

Total revenue comprises all receipts Shaily Engineering 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 Shaily Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaily Engineering 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shaily Engineering Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 707 M, whereas Tax Provision is forecasted to decline to about 107.5 M.
 2022 2023 2024 2025 (projected)
Interest Expense178.8M189.6M218.1M229.0M
Depreciation And Amortization333.1M356.9M410.4M430.9M

Shaily Engineering fundamental ratios Correlations

0.960.350.990.991.00.930.71.00.750.580.830.710.960.890.960.980.980.850.970.950.940.970.170.99-0.54
0.960.30.960.930.950.990.570.960.760.460.730.810.940.890.860.990.950.820.940.910.890.90.320.95-0.59
0.350.30.360.340.380.310.030.390.5-0.040.380.30.280.270.330.350.270.220.320.310.290.430.120.360.04
0.990.960.360.970.980.940.630.980.720.520.80.670.940.890.920.980.980.870.990.960.940.940.230.98-0.6
0.990.930.340.970.990.890.720.990.740.60.860.640.930.880.980.950.960.840.960.960.920.980.080.99-0.51
1.00.950.380.980.990.920.691.00.780.560.850.690.930.880.960.970.960.830.960.950.920.980.140.99-0.52
0.930.990.310.940.890.920.460.930.750.360.690.80.910.880.80.970.910.790.920.890.840.860.370.93-0.62
0.70.570.030.630.720.690.460.680.430.880.640.470.690.530.790.640.720.570.610.560.760.69-0.170.64-0.11
1.00.960.390.980.991.00.930.680.790.550.850.70.930.880.950.970.960.830.960.950.910.980.151.0-0.51
0.750.760.50.720.740.780.750.430.790.260.710.540.610.670.670.730.640.550.660.750.570.82-0.10.78-0.25
0.580.46-0.040.520.60.560.360.880.550.260.510.410.580.440.70.520.620.540.520.460.610.56-0.170.50.06
0.830.730.380.80.860.850.690.640.850.710.510.480.710.720.850.750.770.760.790.840.730.88-0.130.85-0.32
0.710.810.30.670.640.690.80.470.70.540.410.480.80.630.590.810.730.630.660.520.70.610.490.67-0.37
0.960.940.280.940.930.930.910.690.930.610.580.710.80.850.910.970.980.820.940.840.960.870.280.92-0.56
0.890.890.270.890.880.880.880.530.880.670.440.720.630.850.850.870.880.720.860.90.790.860.220.89-0.59
0.960.860.330.920.980.960.80.790.950.670.70.850.590.910.850.890.940.80.920.910.90.95-0.010.94-0.42
0.980.990.350.980.950.970.970.640.970.730.520.750.810.970.870.890.980.840.960.90.940.920.310.96-0.56
0.980.950.270.980.960.960.910.720.960.640.620.770.730.980.880.940.980.870.980.910.970.910.210.95-0.57
0.850.820.220.870.840.830.790.570.830.550.540.760.630.820.720.80.840.870.860.830.820.760.230.82-0.65
0.970.940.320.990.960.960.920.610.960.660.520.790.660.940.860.920.960.980.860.950.940.910.190.96-0.6
0.950.910.310.960.960.950.890.560.950.750.460.840.520.840.90.910.90.910.830.950.830.950.080.97-0.59
0.940.890.290.940.920.920.840.760.910.570.610.730.70.960.790.90.940.970.820.940.830.860.250.91-0.53
0.970.90.430.940.980.980.860.690.980.820.560.880.610.870.860.950.920.910.760.910.950.860.040.98-0.41
0.170.320.120.230.080.140.37-0.170.15-0.1-0.17-0.130.490.280.22-0.010.310.210.230.190.080.250.040.15-0.48
0.990.950.360.980.990.990.930.641.00.780.50.850.670.920.890.940.960.950.820.960.970.910.980.15-0.56
-0.54-0.590.04-0.6-0.51-0.52-0.62-0.11-0.51-0.250.06-0.32-0.37-0.56-0.59-0.42-0.56-0.57-0.65-0.6-0.59-0.53-0.41-0.48-0.56
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Shaily Engineering Account Relationship Matchups

Shaily Engineering fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.7B6.8B6.9B7.8B9.0B9.4B
Short Long Term Debt Total2.0B1.8B1.9B2.1B2.4B2.5B
Other Current Liab234.4M93.8M301.0M191.5M220.2M136.9M
Total Current Liabilities1.4B1.9B2.1B2.3B2.6B2.8B
Total Stockholder Equity1.8B3.7B4.0B4.6B5.3B5.5B
Property Plant And Equipment Net2.4B3.4B4.0B4.5B5.2B5.5B
Net Debt2.0B1.4B1.7B1.9B2.1B2.3B
Cash9.8M351.5M191.4M222.2M255.5M268.3M
Non Current Assets Total2.9B3.8B4.5B5.2B5.9B6.2B
Non Currrent Assets Other231.4M(3K)172.1M214.6M246.8M259.1M
Cash And Short Term Investments9.8M431.5M275.2M224.1M257.7M270.5M
Liabilities And Stockholders Equity4.7B6.8B6.9B7.8B9.0B9.4B
Non Current Liabilities Total1.4B1.2B831.1M940.6M1.1B614.8M
Inventory668.7M1.1B729.7M836.0M961.4M1.0B
Other Current Assets342.4M364.8M525.5M427.7M491.9M516.5M
Total Liab2.9B3.1B2.9B3.2B3.7B3.9B
Total Current Assets1.8B3.0B2.4B2.7B3.1B3.2B
Net Receivables747.4M1.1B999.3M1.2B1.4B1.4B
Short Term Debt619.7M726.5M1.2B1.4B1.6B1.7B
Accounts Payable384.8M855.6M534.0M686.6M789.5M829.0M
Intangible Assets132.9M214.8M371.8M424.1M487.7M512.1M
Current Deferred Revenue147.1M86.6M115.6M25.9M29.8M28.3M
Retained Earnings1.4B1.7B2.1B2.6B3.0B3.2B
Accumulated Other Comprehensive Income32.2M35.7M39.5M51.3M59.0M29.9M
Short Term Investments67.9M80M83.8M4.7M4.2M4.0M
Long Term Debt1.3B1.0B625.3M698.3M628.5M695.1M
Net Invested Capital3.8B5.4B5.9B6.7B7.7B5.4B
Property Plant And Equipment Gross3.2B4.4B4.0B4.5B5.2B4.1B
Short Long Term Debt712.0M722.0M1.2B1.4B1.6B1.0B
Non Current Liabilities Other3.5M17.3M1.0M8.1M9.3M6.6M
Net Working Capital343.4M1.1B295.5M379.7M436.7M510.9M

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Other Information on Investing in Shaily Stock

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