Shradha Interest Expense vs Total Revenue Analysis

SHRADHA Stock   93.62  4.45  4.99%   
Shradha Infraprojects financial indicator trend analysis is much more than just breaking down Shradha Infraprojects prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shradha Infraprojects is a good investment. Please check the relationship between Shradha Infraprojects Interest Expense and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects 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 unemployment.

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 Shradha Infraprojects Interest Expense account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shradha Infraprojects' Interest Expense and Total Revenue is -0.01. 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 Shradha Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Shradha Infraprojects' 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 Shradha Infraprojects 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., Shradha Infraprojects' Interest Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Shradha Infraprojects 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 Shradha Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shradha Infraprojects 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 Shradha Infraprojects 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 unemployment.
The current year's Selling General Administrative is expected to grow to about 7.5 M. The current year's Tax Provision is expected to grow to about 49.3 M
 2021 2022 2023 2024 (projected)
Interest Expense235.8K421K1.5M1.3M
Depreciation And Amortization1.4M1.2M34.5M36.3M

Shradha Infraprojects fundamental ratios Correlations

0.980.450.970.970.490.390.940.860.310.060.47-0.680.090.460.390.750.990.370.880.991.00.960.940.50.0
0.980.360.980.90.440.330.960.780.29-0.020.43-0.670.010.390.380.750.990.290.820.990.980.990.90.53-0.09
0.450.360.450.50.79-0.160.510.650.69-0.040.8-0.080.010.910.650.220.360.790.330.430.410.350.31-0.22-0.08
0.970.980.450.910.460.270.920.840.40.010.45-0.630.040.450.360.620.960.360.810.990.970.980.880.49-0.04
0.970.90.50.910.540.460.870.920.330.170.52-0.710.210.530.350.680.930.490.940.920.950.870.950.490.17
0.490.440.790.460.54-0.250.640.650.6-0.361.0-0.15-0.30.950.710.380.40.870.430.480.430.430.4-0.110.0
0.390.33-0.160.270.46-0.250.220.14-0.490.6-0.28-0.610.59-0.22-0.380.310.43-0.250.640.290.440.270.620.580.47
0.940.960.510.920.870.640.220.760.39-0.140.62-0.61-0.10.570.490.750.940.470.780.950.930.940.850.42-0.1
0.860.780.650.840.920.650.140.760.580.110.65-0.530.160.690.530.540.770.670.760.830.820.760.760.30.05
0.310.290.690.40.330.6-0.490.390.58-0.080.62-0.05-0.040.670.490.00.230.760.070.340.270.30.09-0.13-0.22
0.06-0.02-0.040.010.17-0.360.6-0.140.11-0.08-0.38-0.511.0-0.2-0.31-0.180.05-0.160.18-0.030.1-0.040.160.270.28
0.470.430.80.450.521.0-0.280.620.650.62-0.38-0.13-0.310.960.710.360.390.880.40.460.420.420.37-0.14-0.02
-0.68-0.67-0.08-0.63-0.71-0.15-0.61-0.61-0.53-0.05-0.51-0.13-0.52-0.090.06-0.41-0.7-0.13-0.74-0.62-0.71-0.66-0.76-0.53-0.28
0.090.010.010.040.21-0.30.59-0.10.16-0.041.0-0.31-0.52-0.13-0.26-0.160.07-0.10.210.00.13-0.020.180.270.28
0.460.390.910.450.530.95-0.220.570.690.67-0.20.96-0.09-0.130.710.30.370.890.390.440.410.370.36-0.140.0
0.390.380.650.360.350.71-0.380.490.530.49-0.310.710.06-0.260.710.550.320.510.10.430.340.320.14-0.23-0.62
0.750.750.220.620.680.380.310.750.540.0-0.180.36-0.41-0.160.30.550.770.160.60.750.750.650.670.32-0.3
0.990.990.360.960.930.40.430.940.770.230.050.39-0.70.070.370.320.770.270.870.981.00.970.940.54-0.02
0.370.290.790.360.490.87-0.250.470.670.76-0.160.88-0.13-0.10.890.510.160.270.340.340.320.280.3-0.040.11
0.880.820.330.810.940.430.640.780.760.070.180.4-0.740.210.390.10.60.870.340.820.880.80.980.520.43
0.990.990.430.990.920.480.290.950.830.34-0.030.46-0.620.00.440.430.750.980.340.820.980.980.890.49-0.1
1.00.980.410.970.950.430.440.930.820.270.10.42-0.710.130.410.340.751.00.320.880.980.960.940.530.0
0.960.990.350.980.870.430.270.940.760.3-0.040.42-0.66-0.020.370.320.650.970.280.80.980.960.870.52-0.06
0.940.90.310.880.950.40.620.850.760.090.160.37-0.760.180.360.140.670.940.30.980.890.940.870.580.3
0.50.53-0.220.490.49-0.110.580.420.3-0.130.27-0.14-0.530.27-0.14-0.230.320.54-0.040.520.490.530.520.580.12
0.0-0.09-0.08-0.040.170.00.47-0.10.05-0.220.28-0.02-0.280.280.0-0.62-0.3-0.020.110.43-0.10.0-0.060.30.12
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Shradha Infraprojects Account Relationship Matchups

Shradha Infraprojects fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.2B2.6B2.5B2.9B1.6B
Short Long Term Debt Total1.2B1.5B1.8B1.5B1.5B888.1M
Other Current Liab13.7M1.7M90.0M80.1M294.9M309.6M
Total Current Liabilities744.8M1.4B1.7B1.4B1.6B795.4M
Total Stockholder Equity618.1M600.7M614.3M736.0M918.0M519.0M
Property Plant And Equipment Net140.9M132.2M160.3M237.1M476.3M500.1M
Current Deferred Revenue119.5M91.9M26.2M29.5M12.0M11.4M
Net Debt1.0B1.2B1.6B1.5B1.5B1.6B
Retained Earnings308.7M325.3M338.8M460.5M642.0M334.2M
Accounts Payable4.8M11.9M56.2M99.0M87.4M91.7M
Cash109.1M104.1M17.2M18.1M21.3M20.3M
Non Current Assets Total149.0M139.7M183.0M261.0M512.6M538.3M
Non Currrent Assets Other319.4K84.4K589.0K2.2M7.6M5.5M
Cash And Short Term Investments109.1M104.1M17.2M19.7M33.6M31.9M
Net Receivables19.6M10.2M16.8M63.0M217.4M228.3M
Liabilities And Stockholders Equity2.1B2.2B2.6B2.5B2.9B1.6B
Non Current Liabilities Total548.5M231.1M278.2M355.1M376.4M237.6M
Inventory1.8B1.9B2.4B2.1B2.0B1.3B
Other Current Assets24.6M15.7M(1.0)65.3M82.4M86.5M
Other Stockholder Equity125.7M126.5M121.7M120.8M174.8M89.2M
Total Liab1.3B1.6B2.0B1.8B1.9B1.0B
Total Current Assets1.9B2.0B2.4B2.3B2.4B1.4B
Accumulated Other Comprehensive Income86.6M86.5M52.5M52.6M54.0M84.4M
Short Term Debt606.8M1.2B1.5B1.2B1.2B678.1M
Other Assets1.4M1.1M3.7M2.9M1.00.95
Short Term Investments70.5K109.0K2.3M1.6M12.2M10.5M
Long Term Debt Total545.7M228.3M272.7M346.6M398.6M268.1M
Cash And Equivalents109.1M104.1M17.2M18.1M16.3M15.4M
Intangible Assets8.1K6.3K4.5K2.7K893.00.0
Property Plant Equipment140.9M132.2M158.9M237.1M272.7M156.3M
Other Liab2.8M3.0M5.6M8.5M7.6M5.5M
Net Tangible Assets617.6M600.7M614.3M736.0M846.4M676.9M
Net Invested Capital1.8B1.9B2.4B2.3B2.4B2.1B
Short Long Term Debt606.8M1.2B1.5B1.2B1.2B1.1B
Non Current Liabilities Other2.8M241.5K2.3M5.9M22.2M23.3M
Net Working Capital1.2B691.5M708.9M830.7M795.5M894.8M
Long Term Debt545.7M61.7M272.7M346.6M351.3M252.1M

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Other Information on Investing in Shradha Stock

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