Time Interest Expense vs Cost Of Revenue Analysis

TIMETECHNO   501.25  16.95  3.50%   
Time Technoplast financial indicator trend analysis is much more than just breaking down Time Technoplast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Time Technoplast is a good investment. Please check the relationship between Time Technoplast Interest Expense and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Time Technoplast 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 estimate.

Interest Expense vs Cost Of Revenue

Interest Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Time Technoplast Interest Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Time Technoplast's Interest Expense and Cost Of Revenue is 0.72. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Time Technoplast Limited, assuming nothing else is changed. The correlation between historical values of Time Technoplast's Interest Expense and Cost Of 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 Time Technoplast Limited are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Expense i.e., Time Technoplast's Interest Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Cost Of Revenue

Cost of Revenue is found on Time Technoplast income statement and represents the costs associated with goods and services Time Technoplast 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.
Most indicators from Time Technoplast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Time Technoplast 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 Time Technoplast 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 estimate.
At present, Time Technoplast's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit9.0B11.9B13.7B7.2B
Total Revenue36.5B42.9B49.9B26.6B

Time Technoplast fundamental ratios Correlations

0.930.130.910.980.950.920.90.710.91-0.320.860.98-0.50.840.70.980.590.220.920.980.84-0.50.11-0.130.71
0.930.10.920.840.981.00.890.670.96-0.360.70.85-0.380.930.860.850.550.160.970.850.91-0.32-0.19-0.140.65
0.130.10.380.040.230.060.210.480.330.140.170.150.490.23-0.20.04-0.250.940.270.030.170.02-0.420.06-0.21
0.910.920.380.80.970.910.930.780.99-0.170.730.84-0.190.880.650.820.360.40.980.810.85-0.25-0.27-0.190.56
0.980.840.040.80.860.830.820.620.8-0.360.870.99-0.620.730.611.00.650.160.811.00.76-0.610.3-0.10.72
0.950.980.230.970.860.970.950.70.99-0.250.730.89-0.370.920.760.870.490.290.990.870.91-0.37-0.19-0.170.6
0.921.00.060.910.830.970.880.620.95-0.380.670.84-0.410.920.870.840.570.130.960.840.9-0.34-0.19-0.160.64
0.90.890.210.930.820.950.880.610.92-0.070.670.87-0.430.840.660.840.370.290.930.830.85-0.42-0.13-0.330.5
0.710.670.480.780.620.70.620.610.77-0.070.850.650.120.720.440.630.190.440.750.630.640.01-0.10.180.49
0.910.960.330.990.80.990.950.920.77-0.210.720.83-0.210.930.750.810.410.351.00.810.89-0.24-0.28-0.140.58
-0.32-0.360.14-0.17-0.36-0.25-0.38-0.07-0.07-0.21-0.18-0.310.29-0.21-0.27-0.34-0.670.04-0.21-0.35-0.210.28-0.06-0.16-0.39
0.860.70.170.730.870.730.670.670.850.72-0.180.86-0.330.720.520.850.420.210.720.870.69-0.360.360.050.71
0.980.850.150.840.990.890.840.870.650.83-0.310.86-0.580.750.60.990.590.260.840.990.78-0.620.24-0.150.66
-0.5-0.380.49-0.19-0.62-0.37-0.41-0.430.12-0.210.29-0.33-0.58-0.28-0.34-0.6-0.590.26-0.24-0.61-0.450.82-0.540.2-0.41
0.840.930.230.880.730.920.920.840.720.93-0.210.720.75-0.280.830.730.420.240.930.740.96-0.28-0.23-0.150.59
0.70.86-0.20.650.610.760.870.660.440.75-0.270.520.6-0.340.830.620.5-0.170.780.630.76-0.15-0.16-0.090.57
0.980.850.040.821.00.870.840.840.630.81-0.340.850.99-0.60.730.620.660.150.821.00.76-0.580.27-0.120.74
0.590.55-0.250.360.650.490.570.370.190.41-0.670.420.59-0.590.420.50.66-0.120.420.650.44-0.50.220.180.53
0.220.160.940.40.160.290.130.290.440.350.040.210.260.260.24-0.170.15-0.120.290.140.24-0.18-0.330.04-0.22
0.920.970.270.980.810.990.960.930.751.0-0.210.720.84-0.240.930.780.820.420.290.820.89-0.24-0.26-0.180.6
0.980.850.030.811.00.870.840.830.630.81-0.350.870.99-0.610.740.631.00.650.140.820.77-0.590.29-0.120.73
0.840.910.170.850.760.910.90.850.640.89-0.210.690.78-0.450.960.760.760.440.240.890.77-0.44-0.16-0.160.58
-0.5-0.320.02-0.25-0.61-0.37-0.34-0.420.01-0.240.28-0.36-0.620.82-0.28-0.15-0.58-0.5-0.18-0.24-0.59-0.44-0.460.13-0.2
0.11-0.19-0.42-0.270.3-0.19-0.19-0.13-0.1-0.28-0.060.360.24-0.54-0.23-0.160.270.22-0.33-0.260.29-0.16-0.460.030.33
-0.13-0.140.06-0.19-0.1-0.17-0.16-0.330.18-0.14-0.160.05-0.150.2-0.15-0.09-0.120.180.04-0.18-0.12-0.160.130.03-0.09
0.710.65-0.210.560.720.60.640.50.490.58-0.390.710.66-0.410.590.570.740.53-0.220.60.730.58-0.20.33-0.09
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Time Technoplast Account Relationship Matchups

Time Technoplast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.6B33.0B36.0B38.3B41.1B26.1B
Short Long Term Debt Total9.0B8.7B9.1B8.9B8.3B7.2B
Other Current Liab462.4M477.6M536.1M562.2M630.3M631.0M
Total Current Liabilities10.3B9.6B10.5B10.7B11.5B8.1B
Total Stockholder Equity18.2B19.0B20.7B22.7B25.5B13.5B
Property Plant And Equipment Net14.3B13.2B13.8B14.5B14.1B11.0B
Net Debt8.4B8.1B8.5B8.2B7.4B6.5B
Accounts Payable4.4B3.2B3.8B4.1B4.4B3.2B
Cash595.8M606.7M684.5M692.6M911.9M630.8M
Non Current Assets Total14.6B13.5B14.2B14.8B14.5B11.9B
Non Currrent Assets Other1K(13.2B)(13.8B)100K384.7M404.0M
Cash And Short Term Investments818.7M863.7M935.1M1.0B1.5B919.3M
Net Receivables8.2B8.0B8.7B9.4B10.8B6.0B
Common Stock Shares Outstanding226.6M227.0M226.9M227.3M227.1M235.9M
Liabilities And Stockholders Equity33.6B33.0B36.0B38.3B41.1B26.1B
Non Current Liabilities Total4.7B4.0B4.2B4.3B3.5B4.0B
Inventory7.6B7.6B9.1B10.0B10.5B5.7B
Other Current Assets2.4B11.1B11.8B12.5B3.8B3.9B
Total Liab15.0B13.5B14.8B15.0B15.0B12.0B
Total Current Assets19.0B19.5B21.8B23.4B26.6B14.2B
Accumulated Other Comprehensive Income(11.7B)433.6M422.5M433.0M409.1M429.6M
Intangible Assets3.9M2.4M658K1.6M757K719.2K
Short Term Investments222.8M257.0M250.5M321.3M616.6M349.8M
Current Deferred Revenue768.9M413.0M890.3M626.9M42K39.9K
Short Term Debt5.1B5.6B5.8B5.7B5.9B5.6B
Retained Earnings14.6B15.4B17.1B19.1B21.9B13.7B
Other Liab792.1M825.5M901.9M1.0B1.2B706.6M
Net Tangible Assets18.1B19.0B20.7B22.7B26.1B16.8B
Other Assets273.8M(1K)2.1M(200K)(180K)(171K)
Long Term Debt3.3B2.6B2.5B2.5B1.7B2.2B
Short Long Term Debt5.0B4.2B5.7B5.6B5.8B5.2B
Property Plant Equipment14.3B13.2B13.8B14.5B16.7B13.9B
Long Term Debt Total3.9B3.1B3.3B3.3B3.8B3.4B
Net Invested Capital26.5B25.8B29.0B30.8B33.0B30.3B

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Other Information on Investing in Time Stock

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