Tilaknagar Total Operating Expenses vs Tax Provision Analysis

TI Stock

409.00 8.50 2.04%

Tilaknagar Industries financial indicator trend analysis is much more than just breaking down Tilaknagar Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tilaknagar Industries is a good investment. Please check the relationship between Tilaknagar Industries Total Operating Expenses and its Tax Provision accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilaknagar Industries 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 board of governors.

Total Operating Expenses vs Tax Provision

Total Operating Expenses vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilaknagar Industries Total Operating Expenses account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tilaknagar Industries' Total Operating Expenses and Tax Provision is -0.18. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Tilaknagar Industries Limited, assuming nothing else is changed. The correlation between historical values of Tilaknagar Industries' Total Operating Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Tilaknagar Industries Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Operating Expenses i.e., Tilaknagar Industries' Total Operating Expenses and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

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Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Tilaknagar Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tilaknagar Industries 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 Tilaknagar Industries 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 board of governors.

The current year's Issuance Of Capital Stock is expected to grow to about 593.3 M, whereas Selling General Administrative is forecasted to decline to about 133.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	4.0B	5.5B	6.2B	3.3B
Total Revenue	7.8B	11.6B	13.9B	14.6B

Gross Profit Total Revenue

Tilaknagar Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Retained Earnings
Total Assets		0.17	0.28	0.6	0.27	0.94	0.69	0.36	0.21	0.89	-0.05	-0.13	0.79	-0.19	0.23	-0.13	0.13	0.75	0.05	0.68	0.63	0.91	0.71	0.41	-0.24	0.1
Short Long Term Debt Total	0.17		0.36	0.63	-0.7	0.34	0.57	0.59	0.25	0.44	0.46	-0.14	-0.05	0.21	-0.13	-0.23	0.18	-0.29	0.56	0.27	0.69	-0.1	-0.09	-0.03	0.42	-0.69
Other Current Liab	0.28	0.36		0.59	-0.18	0.33	0.28	0.16	0.6	0.37	0.78	0.26	-0.04	-0.29	-0.05	0.15	-0.4	0.1	0.64	0.45	0.38	0.15	0.19	-0.01	-0.42	-0.18
Total Current Liabilities	0.6	0.63	0.59		-0.47	0.66	0.86	0.55	0.56	0.7	0.55	0.0	0.3	-0.29	-0.06	-0.11	-0.16	0.24	0.67	0.67	0.88	0.39	0.34	0.1	0.16	-0.47
Total Stockholder Equity	0.27	-0.7	-0.18	-0.47		0.0	-0.42	-0.51	-0.44	-0.11	-0.53	0.07	0.46	-0.36	0.3	0.21	-0.25	0.6	-0.62	0.16	-0.57	0.56	0.38	0.22	-0.65	0.85
Property Plant And Equipment Net	0.94	0.34	0.33	0.66	0.0		0.79	0.52	0.35	0.99	0.09	-0.14	0.61	0.04	0.12	-0.19	0.32	0.55	0.2	0.55	0.78	0.72	0.59	0.34	-0.09	-0.14
Net Debt	0.69	0.57	0.28	0.86	-0.42	0.79		0.52	0.37	0.81	0.22	-0.17	0.46	-0.02	-0.16	-0.23	0.25	0.27	0.39	0.48	0.94	0.46	0.51	0.04	0.2	-0.35
Accounts Payable	0.36	0.59	0.16	0.55	-0.51	0.52	0.52		0.48	0.6	0.35	-0.36	0.14	0.2	0.35	-0.53	0.33	-0.08	0.48	0.4	0.69	0.07	-0.19	0.46	0.38	-0.77
Cash	0.21	0.25	0.6	0.56	-0.44	0.35	0.37	0.48		0.42	0.55	0.27	-0.21	-0.06	0.17	0.06	-0.02	0.13	0.74	0.19	0.53	-0.02	-0.13	0.29	-0.06	-0.48
Non Current Assets Total	0.89	0.44	0.37	0.7	-0.11	0.99	0.81	0.6	0.42		0.2	-0.14	0.52	0.11	0.12	-0.22	0.34	0.48	0.32	0.54	0.83	0.62	0.5	0.34	-0.04	-0.27
Non Currrent Assets Other	-0.05	0.46	0.78	0.55	-0.53	0.09	0.22	0.35	0.55	0.2		0.09	-0.35	-0.05	-0.13	-0.05	-0.35	-0.24	0.86	0.29	0.36	-0.26	-0.25	-0.13	-0.04	-0.55
Cash And Short Term Investments	-0.13	-0.14	0.26	0.0	0.07	-0.14	-0.17	-0.36	0.27	-0.14	0.09		-0.51	-0.21	-0.06	0.97	-0.34	0.21	0.15	-0.03	-0.16	-0.09	-0.08	0.0	-0.13	0.09
Net Receivables	0.79	-0.05	-0.04	0.3	0.46	0.61	0.46	0.14	-0.21	0.52	-0.35	-0.51		-0.3	0.21	-0.42	0.09	0.6	-0.35	0.54	0.33	0.88	0.75	0.27	-0.25	0.39
Good Will	-0.19	0.21	-0.29	-0.29	-0.36	0.04	-0.02	0.2	-0.06	0.11	-0.05	-0.21	-0.3		-0.04	-0.23	0.83	-0.36	-0.07	-0.53	0.12	-0.42	-0.3	0.0	0.38	-0.34
Common Stock Shares Outstanding	0.23	-0.13	-0.05	-0.06	0.3	0.12	-0.16	0.35	0.17	0.12	-0.13	-0.06	0.21	-0.04		-0.11	0.06	0.42	-0.01	0.41	-0.03	0.3	-0.17	0.96	-0.05	-0.15
Short Term Investments	-0.13	-0.23	0.15	-0.11	0.21	-0.19	-0.23	-0.53	0.06	-0.22	-0.05	0.97	-0.42	-0.23	-0.11		-0.34	0.25	-0.03	-0.06	-0.27	-0.03	0.0	-0.06	-0.17	0.26
Non Current Liabilities Total	0.13	0.18	-0.4	-0.16	-0.25	0.32	0.25	0.33	-0.02	0.34	-0.35	-0.34	0.09	0.83	0.06	-0.34		-0.13	-0.27	-0.41	0.33	-0.08	0.01	0.18	0.32	-0.23
Inventory	0.75	-0.29	0.1	0.24	0.6	0.55	0.27	-0.08	0.13	0.48	-0.24	0.21	0.6	-0.36	0.42	0.25	-0.13		-0.1	0.51	0.17	0.86	0.54	0.52	-0.43	0.43
Other Current Assets	0.05	0.56	0.64	0.67	-0.62	0.2	0.39	0.48	0.74	0.32	0.86	0.15	-0.35	-0.07	-0.01	-0.03	-0.27	-0.1		0.34	0.51	-0.21	-0.28	0.04	0.12	-0.67
Other Stockholder Equity	0.68	0.27	0.45	0.67	0.16	0.55	0.48	0.4	0.19	0.54	0.29	-0.03	0.54	-0.53	0.41	-0.06	-0.41	0.51	0.34		0.45	0.67	0.36	0.46	-0.13	-0.12
Total Liab	0.63	0.69	0.38	0.88	-0.57	0.78	0.94	0.69	0.53	0.83	0.36	-0.16	0.33	0.12	-0.03	-0.27	0.33	0.17	0.51	0.45		0.34	0.34	0.18	0.31	-0.56
Total Current Assets	0.91	-0.1	0.15	0.39	0.56	0.72	0.46	0.07	-0.02	0.62	-0.26	-0.09	0.88	-0.42	0.3	-0.03	-0.08	0.86	-0.21	0.67	0.34		0.77	0.4	-0.38	0.42
Intangible Assets	0.71	-0.09	0.19	0.34	0.38	0.59	0.51	-0.19	-0.13	0.5	-0.25	-0.08	0.75	-0.3	-0.17	0.0	0.01	0.54	-0.28	0.36	0.34	0.77		-0.07	-0.4	0.51
Common Stock	0.41	-0.03	-0.01	0.1	0.22	0.34	0.04	0.46	0.29	0.34	-0.13	0.0	0.27	0.0	0.96	-0.06	0.18	0.52	0.04	0.46	0.18	0.4	-0.07		0.0	-0.22
Current Deferred Revenue	-0.24	0.42	-0.42	0.16	-0.65	-0.09	0.2	0.38	-0.06	-0.04	-0.04	-0.13	-0.25	0.38	-0.05	-0.17	0.32	-0.43	0.12	-0.13	0.31	-0.38	-0.4	0.0		-0.66
Retained Earnings	0.1	-0.69	-0.18	-0.47	0.85	-0.14	-0.35	-0.77	-0.48	-0.27	-0.55	0.09	0.39	-0.34	-0.15	0.26	-0.23	0.43	-0.67	-0.12	-0.56	0.42	0.51	-0.22	-0.66

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Tilaknagar Industries Account Relationship Matchups

Tilaknagar Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.8B	10.1B	10.1B	10.1B	10.3B	12.2B
Short Long Term Debt Total	941.9B	11.9B	13.4B	18.4B	1.2B	1.2B
Other Current Liab	113.4M	127.6M	129.1M	122.4M	778.0M	591.2M
Total Current Liabilities	3.6B	3.9B	4.4B	4.3B	2.6B	2.4B
Total Stockholder Equity	(173.7M)	(557.2M)	1.3B	3.0B	6.5B	6.9B
Property Plant And Equipment Net	6.0B	5.7B	5.4B	4.2B	4.0B	5.8B
Net Debt	5.6B	5.6B	5.4B	2.2B	1.1B	1.1B
Accounts Payable	1.6B	1.5B	1.7B	1.3B	1.2B	1.3B
Cash	184.2M	259.4M	427.4M	348.1M	103.2M	98.0M
Non Current Assets Total	7.1B	6.7B	5.9B	4.6B	4.4B	6.4B
Non Currrent Assets Other	(4K)	708.6M	1K	64.6M	424.6M	510.8M
Cash And Short Term Investments	206.7M	292.4M	874.0M	739.5M	427.6M	756.1M
Net Receivables	2.4B	1.8B	2.4B	3.4B	4.2B	3.0B
Common Stock Shares Outstanding	125.5M	125.2M	146.7M	175.1M	192.9M	132.2M
Short Term Investments	22.5M	32.9M	446.6M	391.4M	324.4M	591.4M
Liabilities And Stockholders Equity	10.8B	10.1B	10.1B	10.1B	10.3B	12.2B
Non Current Liabilities Total	7.4B	6.8B	4.4B	2.8B	1.2B	1.2B
Inventory	601.0M	720.8M	723.2M	1.2B	1.0B	1.0B
Other Current Assets	302.9M	375.9M	233.2M	224.9M	264.4M	251.1M
Other Stockholder Equity	2.0B	2.0B	3.0B	2.6B	5.1B	3.6B
Total Liab	11.0B	10.7B	8.8B	7.1B	3.8B	3.6B
Total Current Assets	3.7B	3.4B	4.2B	5.5B	5.9B	5.8B
Accumulated Other Comprehensive Income	(2.9B)	192.8M	330.4M	311.0M	243.2M	255.3M
Intangible Assets	4.0M	3.6M	3.4M	3.1M	4.5M	4.3M
Retained Earnings	(3.6B)	(4.0B)	(3.6B)	(1.8B)	(743.9M)	(781.1M)
Short Term Debt	886.8M	1.2B	2.0B	2.3B	565.2M	536.9M
Other Liab	1.5B	2.5B	2.2B	594.5M	683.6M	649.4M
Net Tangible Assets	(3.1B)	(177.8M)	(560.8M)	1.3B	1.2B	736.2M
Other Assets	1.0B	1.0B	362.3M	3.2B	2.9B	2.8B
Long Term Debt	882.1B	724.1B	20M	240.1M	631.0M	599.5M
Short Long Term Debt	881.8M	558.1M	2.0B	2.3B	561.5M	533.4M
Property Plant Equipment	6.0B	5.7B	5.4B	27.6B	24.8B	23.6B
Long Term Debt Total	941.0B	10.7B	11.4B	16.1B	14.5B	13.7B
Capital Surpluse	277.8B	309.7B	1.4B	1.4B	1.3B	1.2B
Capital Lease Obligations	10.7M	5.6M	2.0M	24.2M	21.9M	23.0M

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

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Tilaknagar Total Operating Expenses vs Tax Provision Analysis

Total Operating Expenses vs Tax Provision

Total Operating Expenses vs Tax Provision Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Tax Provision

Tilaknagar Industries fundamental ratios Correlations

Tilaknagar Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tilaknagar Industries fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Term Investments	+ 0.97	Cash And Short Term Investments
Common Stock	+ 0.96	Common Stock Shares Outstanding
Property Plant And Equipment Net	+ 0.94	Total Assets
Total Liab	+ 0.94	Net Debt
Total Current Assets	+ 0.91	Total Assets

Retained Earnings	- 0.77	Accounts Payable
Total Stockholder Equity	- 0.7	Short Long Term Debt Total
Retained Earnings	- 0.69	Short Long Term Debt Total
Retained Earnings	- 0.67	Other Current Assets
Retained Earnings	- 0.66	Current Deferred Revenue
Current Deferred Revenue	- 0.65	Total Stockholder Equity