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 Total Revenue and its Net Income 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Time Technoplast Total Revenue account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Time Technoplast's Total Revenue and Net Income is 0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income 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 Total 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 Total Revenue of Time Technoplast 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 Total Revenue i.e., Time Technoplast's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Time Technoplast 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Time Technoplast financial statement analysis. It represents the amount of money remaining after all of Time Technoplast Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Profit | 9.0B | 11.9B | 13.7B | 7.2B | Total Revenue | 36.5B | 42.9B | 49.9B | 26.6B |
Time Technoplast fundamental ratios Correlations
Click cells to compare fundamentals
Time Technoplast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Time Technoplast fundamental ratios Accounts
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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.