Vardhman Net Income vs Other Non Cash Items Analysis

VHL Stock   3,954  37.90  0.95%   
Vardhman Holdings financial indicator trend analysis is much more than just breaking down Vardhman Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vardhman Holdings is a good investment. Please check the relationship between Vardhman Holdings Net Income and its Other Non Cash Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vardhman Holdings 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.

Net Income vs Other Non Cash Items

Net Income vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vardhman Holdings Net Income account and Other Non Cash Items. At this time, the significance of the direction appears to have pay attention.
The correlation between Vardhman Holdings' Net Income and Other Non Cash Items is -0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Vardhman Holdings Limited, assuming nothing else is changed. The correlation between historical values of Vardhman Holdings' Net Income and Other Non Cash Items 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 Vardhman Holdings Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Income i.e., Vardhman Holdings' Net Income and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

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

Other Non Cash Items

Most indicators from Vardhman Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vardhman Holdings 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 Vardhman Holdings 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 Selling General Administrative is expected to grow to about 31.1 M, whereas Tax Provision is forecasted to decline to about 62.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit231.7M104.6M120.3M227.1M
Total Revenue244.1M173.1M199.1M233.9M

Vardhman Holdings fundamental ratios Correlations

-0.16-0.131.00.45-0.060.071.0-0.310.020.580.170.06-0.130.05-0.570.9-0.1-0.020.340.10.910.240.810.850.88
-0.160.96-0.16-0.260.42-0.22-0.210.040.81-0.310.4-0.510.960.790.3-0.050.80.090.09-0.63-0.080.110.17-0.07-0.43
-0.130.96-0.13-0.180.34-0.16-0.180.040.78-0.320.33-0.461.00.790.31-0.020.760.10.15-0.55-0.040.290.230.02-0.43
1.0-0.16-0.130.45-0.060.071.0-0.310.020.580.170.06-0.130.05-0.570.9-0.1-0.020.340.10.910.240.810.850.88
0.45-0.26-0.180.45-0.440.340.47-0.27-0.340.18-0.230.31-0.18-0.31-0.070.38-0.30.240.250.270.50.340.470.630.39
-0.060.420.34-0.06-0.44-0.85-0.090.020.50.030.4-0.580.340.51-0.03-0.050.65-0.62-0.61-0.48-0.08-0.43-0.1-0.33-0.14
0.07-0.22-0.160.070.34-0.850.080.05-0.21-0.090.130.08-0.16-0.190.090.09-0.390.660.72-0.030.10.460.160.210.07
1.0-0.21-0.181.00.47-0.090.08-0.32-0.040.590.130.11-0.18-0.01-0.580.9-0.16-0.020.320.140.90.230.790.850.9
-0.310.040.04-0.31-0.270.020.05-0.320.230.10.09-0.280.040.23-0.09-0.30.230.02-0.11-0.09-0.37-0.4-0.33-0.39-0.37
0.020.810.780.02-0.340.5-0.21-0.040.23-0.180.6-0.70.780.990.13-0.030.950.010.23-0.70.090.160.3-0.04-0.35
0.58-0.31-0.320.580.180.03-0.090.590.1-0.180.020.08-0.32-0.16-0.850.62-0.23-0.21-0.050.220.41-0.250.260.340.68
0.170.40.330.17-0.230.40.130.130.090.60.02-0.920.330.63-0.010.220.520.030.22-0.920.180.040.22-0.120.0
0.06-0.51-0.460.060.31-0.580.080.11-0.28-0.70.08-0.92-0.46-0.73-0.080.0-0.70.140.020.940.060.11-0.020.330.25
-0.130.961.0-0.13-0.180.34-0.16-0.180.040.78-0.320.33-0.460.790.31-0.020.760.110.16-0.55-0.040.290.230.02-0.43
0.050.790.790.05-0.310.51-0.19-0.010.230.99-0.160.63-0.730.790.120.010.94-0.020.23-0.710.120.20.33-0.01-0.33
-0.570.30.31-0.57-0.07-0.030.09-0.58-0.090.13-0.85-0.01-0.080.310.12-0.610.160.2-0.02-0.22-0.250.24-0.13-0.23-0.67
0.9-0.05-0.020.90.38-0.050.090.9-0.3-0.030.620.220.0-0.020.01-0.61-0.15-0.120.240.030.780.120.70.710.9
-0.10.80.76-0.1-0.30.65-0.39-0.160.230.95-0.230.52-0.70.760.940.16-0.15-0.130.01-0.68-0.040.020.16-0.18-0.44
-0.020.090.1-0.020.24-0.620.66-0.020.020.01-0.210.030.140.11-0.020.2-0.12-0.130.68-0.060.010.520.140.24-0.16
0.340.090.150.340.25-0.610.720.32-0.110.23-0.050.220.020.160.23-0.020.240.010.68-0.110.390.760.550.490.12
0.1-0.63-0.550.10.27-0.48-0.030.14-0.09-0.70.22-0.920.94-0.55-0.71-0.220.03-0.68-0.06-0.110.06-0.02-0.060.290.3
0.91-0.08-0.040.910.5-0.080.10.9-0.370.090.410.180.06-0.040.12-0.250.78-0.040.010.390.060.360.950.890.74
0.240.110.290.240.34-0.430.460.23-0.40.16-0.250.040.110.290.20.240.120.020.520.76-0.020.360.520.54-0.02
0.810.170.230.810.47-0.10.160.79-0.330.30.260.22-0.020.230.33-0.130.70.160.140.55-0.060.950.520.880.55
0.85-0.070.020.850.63-0.330.210.85-0.39-0.040.34-0.120.330.02-0.01-0.230.71-0.180.240.490.290.890.540.880.67
0.88-0.43-0.430.880.39-0.140.070.9-0.37-0.350.680.00.25-0.43-0.33-0.670.9-0.44-0.160.120.30.74-0.020.550.67
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Vardhman Holdings Account Relationship Matchups

Vardhman Holdings fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets23.1B27.8B31.0B33.0B37.9B39.8B
Other Current Liab10.9M6.7M10.5M5.9M6.8M6.5M
Total Current Liabilities15.2M6.6M11.0M5.9M6.8M6.5M
Total Stockholder Equity23.1B27.8B31.0B33.0B37.9B39.8B
Property Plant And Equipment Net32.2M32.1M32.0M31.9M36.7M21.8M
Net Debt(763.5M)(15.3M)1.6M(28.5M)(25.6M)(26.9M)
Cash763.9M26.2M29.5M28.5M32.7M31.1M
Non Current Assets Total21.8B25.8B30.3B32.1B36.9B38.7B
Non Currrent Assets Other2.4M1M(30.1B)163.1M146.8M154.2M
Cash And Short Term Investments1.1B1.9B624.5M807.4M928.5M1.3B
Liabilities And Stockholders Equity23.1B27.8B31.0B33.0B37.9B39.8B
Other Current Assets127.2M49.8M42.5M64.8M74.5M68.2M
Total Liab15.5M6.8M11.0M6.0M6.9M6.5M
Total Current Assets1.3B2.0B728.1M919.6M1.1B1.4B
Accumulated Other Comprehensive Income2.6B3.2B4.0B1.9B2.2B2.3B
Retained Earnings20.4B1.2B26.9B30.9B35.6B37.4B
Short Term Investments381.5M1.9B595.0M787.8M709.0M1.2B
Non Current Liabilities Total291K155K(1K)44K50.6K48.1K
Net Receivables125.8M61.0M26.3M25.3M29.0M49.5M
Inventory(81.1M)(56.3M)2.022.1M25.4M26.7M
Net Tangible Assets21.3B23.1B27.8B31.0B35.6B19.1B
Other Assets391.4M241.5M181.3M(10.0K)(11.5K)(10.9K)
Property Plant Equipment32.3M32.2M32.1M32M36.8M25.1M
Other Liab213K290K155K541K622.2K653.3K
Short Long Term Debt Total426K10.9M31.1M54.3M48.9M60.4M
Good Will404.1M334.1M306.5M109.8M126.3M120.0M
Intangible Assets683.9M(144.4M)29.8B(163.1M)(187.6M)(178.2M)
Net Invested Capital23.1B27.8B31.0B33.0B37.9B27.2B
Net Working Capital818.3M98.8M717.1M116.9M105.2M99.9M

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Other Information on Investing in Vardhman Stock

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