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 Other Operating Expenses and its Income Before Tax 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.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Whirlpool of India Other Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Whirlpool's Other Operating Expenses and Income Before Tax is 0.73. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax 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 Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Whirlpool of India are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Whirlpool's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Whirlpool of India. It is also known as Whirlpool overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.
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.
Whirlpool fundamental ratios Correlations
Click cells to compare fundamentals
Whirlpool Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Whirlpool fundamental ratios Accounts
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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.