TTK Cost Of Revenue vs Operating Income Analysis

TTKHLTCARE   1,499  45.00  3.10%   
TTK Healthcare financial indicator trend analysis is much more than just breaking down TTK Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTK Healthcare is a good investment. Please check the relationship between TTK Healthcare Cost Of Revenue and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TTK Healthcare 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 bureau of economic analysis.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTK Healthcare Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between TTK Healthcare's Cost Of Revenue and Operating Income is 0.25. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of TTK Healthcare Limited, assuming nothing else is changed. The correlation between historical values of TTK Healthcare's Cost Of Revenue and Operating 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 TTK Healthcare Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., TTK Healthcare's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on TTK Healthcare income statement and represents the costs associated with goods and services TTK Healthcare 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.

Operating Income

Operating Income is the amount of profit realized from TTK Healthcare operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of TTK Healthcare Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from TTK Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTK Healthcare 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 TTK Healthcare 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 bureau of economic analysis.
As of December 1, 2024, Selling General Administrative is expected to decline to about 92.5 M. In addition to that, Tax Provision is expected to decline to about 113 M
 2021 2022 2023 2024 (projected)
Gross Profit3.1B3.8B2.7B2.5B
Total Revenue6.0B7.3B7.5B4.8B

TTK Healthcare fundamental ratios Correlations

-0.110.390.591.00.10.520.980.6-0.550.280.770.990.750.99-0.670.910.870.270.571.0-0.740.62-0.120.160.1
-0.11-0.020.1-0.140.630.1-0.16-0.060.160.53-0.1-0.18-0.17-0.190.23-0.09-0.02-0.380.15-0.160.40.010.12-0.420.8
0.39-0.020.710.330.36-0.120.310.290.120.340.170.350.250.32-0.170.520.30.430.750.37-0.440.320.160.26-0.04
0.590.10.710.520.550.510.450.86-0.480.690.160.50.210.52-0.590.780.730.20.990.55-0.40.850.530.370.27
1.0-0.140.330.520.040.50.990.55-0.540.230.790.990.770.99-0.650.880.840.260.51.0-0.740.58-0.180.140.08
0.10.630.360.550.040.29-0.020.34-0.120.93-0.05-0.04-0.07-0.02-0.110.320.370.190.580.020.110.430.39-0.250.69
0.520.1-0.120.510.50.290.440.82-0.970.530.30.440.270.51-0.630.610.76-0.120.470.48-0.340.80.330.150.36
0.98-0.160.310.450.99-0.020.440.48-0.490.150.80.990.780.99-0.60.830.790.270.430.99-0.750.5-0.250.130.04
0.6-0.060.290.860.550.340.820.48-0.820.570.160.520.180.57-0.70.760.80.040.820.57-0.430.940.570.460.2
-0.550.160.12-0.48-0.54-0.12-0.97-0.49-0.82-0.39-0.34-0.49-0.32-0.570.69-0.64-0.770.01-0.42-0.530.45-0.79-0.28-0.25-0.16
0.280.530.340.690.230.930.530.150.57-0.390.10.140.10.17-0.310.510.560.120.70.2-0.030.70.42-0.190.64
0.77-0.10.170.160.79-0.050.30.80.16-0.340.10.760.970.75-0.490.660.590.370.140.77-0.540.32-0.65-0.180.06
0.99-0.180.350.50.99-0.040.440.990.52-0.490.140.760.751.0-0.610.840.790.250.471.0-0.770.52-0.190.20.01
0.75-0.170.250.210.77-0.070.270.780.18-0.320.10.970.750.74-0.460.640.560.380.180.75-0.570.36-0.64-0.15-0.03
0.99-0.190.320.520.99-0.020.510.990.57-0.570.170.751.00.74-0.650.860.830.240.491.0-0.780.57-0.150.210.02
-0.670.23-0.17-0.59-0.65-0.11-0.63-0.6-0.70.69-0.31-0.49-0.61-0.46-0.65-0.71-0.84-0.16-0.49-0.660.32-0.74-0.13-0.15-0.3
0.91-0.090.520.780.880.320.610.830.76-0.640.510.660.840.640.86-0.710.920.370.770.88-0.690.790.10.210.15
0.87-0.020.30.730.840.370.760.790.8-0.770.560.590.790.560.83-0.840.920.280.680.83-0.550.830.150.130.36
0.27-0.380.430.20.260.19-0.120.270.040.010.120.370.250.380.24-0.160.370.280.210.27-0.390.06-0.320.28-0.17
0.570.150.750.990.50.580.470.430.82-0.420.70.140.470.180.49-0.490.770.680.210.53-0.410.80.530.370.26
1.0-0.160.370.551.00.020.480.990.57-0.530.20.771.00.751.0-0.660.880.830.270.53-0.760.58-0.150.190.05
-0.740.4-0.44-0.4-0.740.11-0.34-0.75-0.430.45-0.03-0.54-0.77-0.57-0.780.32-0.69-0.55-0.39-0.41-0.76-0.360.11-0.370.31
0.620.010.320.850.580.430.80.50.94-0.790.70.320.520.360.57-0.740.790.830.060.80.58-0.360.430.20.26
-0.120.120.160.53-0.180.390.33-0.250.57-0.280.42-0.65-0.19-0.64-0.15-0.130.10.15-0.320.53-0.150.110.430.310.15
0.16-0.420.260.370.14-0.250.150.130.46-0.25-0.19-0.180.2-0.150.21-0.150.210.130.280.370.19-0.370.20.31-0.38
0.10.8-0.040.270.080.690.360.040.2-0.160.640.060.01-0.030.02-0.30.150.36-0.170.260.050.310.260.15-0.38
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TTK Healthcare Account Relationship Matchups

TTK Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B4.9B5.6B11.7B12.0B12.6B
Short Long Term Debt Total298.4M191.4M222.1M273.3M228.1M261.3M
Other Current Liab556.9M710.1M931.1M709.0M880.6M556.6M
Total Current Liabilities1.7B1.9B2.2B2.1B2.0B1.3B
Total Stockholder Equity2.5B2.9B3.3B9.5B10.0B10.5B
Property Plant And Equipment Net973.5M861.2M804.8M739.4M755.9M697.3M
Net Debt223.1M95.9M73.5M180.1M118.5M124.4M
Retained Earnings1.3B1.7B2.0B8.3B8.7B9.2B
Accounts Payable865.1M976.1M1.0B1.1B857.4M589.4M
Cash75.3M95.5M148.6M93.2M109.6M104.1M
Non Current Assets Total1.3B1.2B1.1B1.0B1.2B910.6M
Non Currrent Assets Other230.0M135.1M70.3M128.5M8.4B8.8B
Cash And Short Term Investments1.3B2.3B2.7B8.7B8.5B8.9B
Short Term Investments1.2B2.2B2.6B8.6B8.3B8.8B
Liabilities And Stockholders Equity4.3B4.9B5.6B11.7B12.0B12.6B
Non Current Liabilities Total107.1M108.6M83.8M59.5M38.6M36.7M
Inventory716.4M703.0M789.2M845.1M969.9M1.0B
Other Current Assets946.0M774.2M966.0M1.3B1.4B1.4B
Total Liab1.8B2.0B2.3B2.2B2.0B1.5B
Total Current Assets3.0B3.7B4.5B10.7B10.8B11.3B
Accumulated Other Comprehensive Income(595.6M)1.0B1.0B1.0B1.0B1.1B
Intangible Assets2.4M1.5M863K366K58K55.1K
Net Receivables824.3M667.4M858.5M921.0M(4.5M)(4.3M)
Current Deferred Revenue(285.8M)684.7M908.1M565.7M6.1M5.8M
Short Term Debt285.8M179.9M208.7M261.1M220.1M280.1M
Other Liab69.7M94.5M97.0M70.4M63.4M70.3M
Net Tangible Assets2.5B2.5B2.9B3.3B3.8B2.6B
Other Assets273.3M204.4M144.4M46.9M53.9M51.2M
Long Term Debt Total12.6M11.6M13.4M12.1M14.0M10.8M
Short Long Term Debt281.3M176.0M203.8M255.3M214.7M199.5M
Property Plant Equipment971.8M856.4M803.7M739.4M665.5M751.6M
Capital Lease Obligations17.1M15.5M18.3M18.0M13.4M14.9M
Net Invested Capital2.8B3.1B3.5B9.8B10.2B5.5B
Net Working Capital1.3B1.9B2.3B8.6B8.8B9.3B

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Other Information on Investing in TTK Stock

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