TARAPUR Stock | | | 46.48 0.91 2.00% |
Tarapur Transformers financial indicator trend analysis is much more than just breaking down Tarapur Transformers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tarapur Transformers is a good investment. Please check the relationship between Tarapur Transformers Cost Of Revenue and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tarapur Transformers 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 american community survey.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tarapur Transformers Cost Of Revenue account and
Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tarapur Transformers' Cost Of Revenue and Net Income is 0.14. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Tarapur Transformers Limited, assuming nothing else is changed. The correlation between historical values of Tarapur Transformers' Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Tarapur Transformers Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Tarapur Transformers' Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Tarapur Transformers income statement and represents the costs associated with goods and services Tarapur Transformers 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Tarapur Transformers financial statement analysis. It represents the amount of money remaining after all of Tarapur Transformers Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Tarapur Transformers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tarapur Transformers 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 Tarapur Transformers 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 american community survey.
As of 12/14/2024,
Selling General Administrative is likely to grow to about 177.1
M. Also,
Tax Provision is likely to grow to about 188.1
KTarapur Transformers fundamental ratios Correlations
Click cells to compare fundamentals
Tarapur Transformers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tarapur Transformers fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Tarapur Stock Analysis
When running Tarapur Transformers' price analysis, check to
measure Tarapur Transformers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tarapur Transformers is operating at the current time. Most of Tarapur Transformers' value examination focuses on studying past and present price action to
predict the probability of Tarapur Transformers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tarapur Transformers' price. Additionally, you may evaluate how the addition of Tarapur Transformers to your portfolios can decrease your overall portfolio volatility.