VMART Stock | | | 3,864 18.55 0.48% |
V Mart financial indicator trend analysis is much more than just breaking down V Mart Retail prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V Mart Retail is a good investment. Please check the relationship between V Mart Total Operating Expenses and its Ebitda accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in V Mart Retail 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 Operating Expenses vs Ebitda
Total Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
V Mart Retail Total Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between V Mart's Total Operating Expenses and Ebitda is 0.76. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of V Mart Retail Limited, assuming nothing else is changed. The correlation between historical values of V Mart's Total Operating Expenses and Ebitda 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 Operating Expenses of V Mart Retail Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Operating Expenses i.e., V Mart's Total Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Ebitda
Most indicators from V Mart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V Mart Retail 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 V Mart Retail 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.
As of the 26th of November 2024,
Selling General Administrative is likely to drop to about 192.8
M. In addition to that,
Tax Provision is likely to grow to about (320.5
M)
V Mart fundamental ratios Correlations
Click cells to compare fundamentals
V Mart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
V Mart fundamental ratios Accounts
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Other Information on Investing in VMART Stock
Balance Sheet is a snapshot of the
financial position of V Mart Retail at a specified time, usually calculated after every quarter, six months, or one year. V Mart Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of V Mart 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 VMART currently owns. An asset can also be divided into two categories, current and non-current.