| TAJGVK Stock | | | 377.15 12.40 3.40% |
Taj GVK financial indicator trend analysis is much more than just breaking down Taj GVK Hotels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taj GVK Hotels is a good investment. Please check the relationship between Taj GVK Operating Income and its Gross Profit accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Taj GVK Hotels Operating Income account and
Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Taj GVK's Operating Income and Gross Profit is 0.59. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Taj GVK Hotels, assuming nothing else is changed. The correlation between historical values of Taj GVK's Operating Income and Gross Profit 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 Taj GVK Hotels are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Taj GVK's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Taj GVK Hotels 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 Taj GVK Hotels 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Taj GVK Hotels minus its cost of goods sold. It is profit before Taj GVK 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.
Most indicators from Taj GVK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taj GVK Hotels 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 Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
The current year's
Tax Provision is expected to grow to about 370.1
M, whereas
Selling General Administrative is forecasted to decline to about 133.1
M.
Taj GVK fundamental ratios Correlations
Click cells to compare fundamentals
Taj GVK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taj GVK fundamental ratios Accounts
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Other Information on Investing in Taj Stock
Balance Sheet is a snapshot of the
financial position of Taj GVK Hotels at a specified time, usually calculated after every quarter, six months, or one year. Taj GVK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Taj GVK 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 Taj currently owns. An asset can also be divided into two categories, current and non-current.