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 Depreciation And Amortization and its Total Revenue 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.
Depreciation And Amortization vs Total Revenue
Depreciation And Amortization vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tarapur Transformers Depreciation And Amortization account and
Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tarapur Transformers' Depreciation And Amortization and Total Revenue is -0.16. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Total Revenue 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' Depreciation And Amortization 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 Depreciation And Amortization of Tarapur Transformers 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 Depreciation And Amortization i.e., Tarapur Transformers' Depreciation And Amortization and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
Total Revenue
Total revenue comprises all receipts Tarapur Transformers 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 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
K | 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 510K | 2.7M | 3.6M | 6.1M | Depreciation And Amortization | 11.3M | 9.0M | 8.4M | 13.8M |
Tarapur 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.