Vraj Selling General Administrative vs Operating Income Analysis
VRAJ Stock | 222.40 0.60 0.27% |
Vraj Iron financial indicator trend analysis is much more than just breaking down Vraj Iron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vraj Iron is a good investment. Please check the relationship between Vraj Iron Selling General Administrative and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vraj Iron and. 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.
Selling General Administrative vs Operating Income
Selling General Administrative vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Selling General Administrative account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vraj Iron's Selling General Administrative and Operating Income is 0.84. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Operating Income in the same time period over historical financial statements of Vraj Iron and, assuming nothing else is changed. The correlation between historical values of Vraj Iron's Selling General Administrative 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 Selling General Administrative of Vraj Iron and 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 Selling General Administrative i.e., Vraj Iron's Selling General Administrative and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Selling General Administrative
Operating Income
Operating Income is the amount of profit realized from Vraj Iron 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 Vraj Iron and 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 Vraj Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vraj Iron 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 Vraj Iron and. 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. Selling General Administrative is likely to gain to about 95.3 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 446.7M | 749.2M | 1.4B | 1.4B | Total Revenue | 4.1B | 5.2B | 4.2B | 3.9B |
Vraj Iron fundamental ratios Correlations
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Vraj Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Vraj Iron's price analysis, check to measure Vraj Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vraj Iron is operating at the current time. Most of Vraj Iron's value examination focuses on studying past and present price action to predict the probability of Vraj Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vraj Iron's price. Additionally, you may evaluate how the addition of Vraj Iron to your portfolios can decrease your overall portfolio volatility.