TTK Net Income vs Total Other Income Expense Net 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 Net Income and its Total Other Income Expense Net 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.

Net Income vs Total Other Income Expense Net

Net Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TTK Healthcare Net Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between TTK Healthcare's Net Income and Total Other Income Expense Net is 0.45. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Other Income Expense Net 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 Net Income and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of TTK Healthcare Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Net Income i.e., TTK Healthcare's Net Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in TTK Healthcare financial statement analysis. It represents the amount of money remaining after all of TTK Healthcare Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Other Income Expense Net

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.