WHIRLPOOL | | | 1,871 36.10 1.97% |
Whirlpool financial indicator trend analysis is more than just analyzing Whirlpool of India current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Whirlpool of India is a good investment. Please check the relationship between Whirlpool Income Before Tax and its Gross Profit accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool of India. 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.
To learn how to invest in Whirlpool Stock, please use our
How to Invest in Whirlpool guide.
Income Before Tax vs Gross Profit
Income Before Tax vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Whirlpool of India Income Before Tax account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Whirlpool's Income Before Tax and Gross Profit is 0.82. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Whirlpool of India, assuming nothing else is changed. The correlation between historical values of Whirlpool's Income Before Tax and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Whirlpool of India are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Income Before Tax i.e., Whirlpool's Income Before Tax and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Whirlpool income statement and is an important metric when analyzing Whirlpool of India profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Whirlpool of India minus its cost of goods sold. It is profit before Whirlpool operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Whirlpool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Whirlpool of India 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Whirlpool of India. 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.
To learn how to invest in Whirlpool Stock, please use our
How to Invest in Whirlpool guide.As of the 4th of December 2024,
Tax Provision is likely to grow to about 1.1
B, while
Selling General Administrative is likely to drop about 467.7
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 19.4B | 20.8B | 21.7B | 14.1B | Total Revenue | 61.9B | 66.7B | 68.3B | 39.9B |
Whirlpool fundamental ratios Correlations
Click cells to compare fundamentals
Whirlpool Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Whirlpool fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Whirlpool Stock
Balance Sheet is a snapshot of the
financial position of Whirlpool of India at a specified time, usually calculated after every quarter, six months, or one year. Whirlpool Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Whirlpool 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 Whirlpool currently owns. An asset can also be divided into two categories, current and non-current.