Zuari Depreciation And Amortization vs Operating Income Analysis

ZUARI Stock   222.74  6.29  2.91%   
Zuari Agro financial indicator trend analysis is more than just analyzing Zuari Agro Chemicals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zuari Agro Chemicals is a good investment. Please check the relationship between Zuari Agro Depreciation And Amortization and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuari Agro Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Depreciation And Amortization vs Operating Income

Depreciation And Amortization vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zuari Agro Chemicals Depreciation And Amortization account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Zuari Agro's Depreciation And Amortization and Operating Income is -0.07. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zuari Agro Chemicals, assuming nothing else is changed. The correlation between historical values of Zuari Agro's Depreciation And Amortization 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 Depreciation And Amortization of Zuari Agro Chemicals 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 Depreciation And Amortization i.e., Zuari Agro's Depreciation And Amortization and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Operating Income

Operating Income is the amount of profit realized from Zuari Agro Chemicals 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 Zuari Agro Chemicals 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 Zuari Agro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zuari Agro Chemicals 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 Zuari Agro Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 26th of November 2024, Tax Provision is likely to grow to about 836 M, while Selling General Administrative is likely to drop about 149.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.5B2.1B2.1B2.9B
Depreciation And Amortization674.9M785.1M948.1M675.5M

Zuari Agro fundamental ratios Correlations

0.91-0.040.880.060.280.090.90.380.63-0.610.180.13-0.590.64-0.080.030.40.75-0.070.010.950.750.78-0.230.59
0.910.210.840.11-0.02-0.141.00.610.5-0.73-0.140.2-0.710.81-0.19-0.010.130.77-0.220.140.890.860.93-0.140.78
-0.040.210.040.13-0.19-0.530.240.30.11-0.43-0.260.38-0.290.29-0.080.39-0.31-0.04-0.030.4-0.040.140.26-0.080.29
0.880.840.04-0.25-0.040.20.820.340.66-0.49-0.140.07-0.510.8-0.36-0.070.080.770.090.240.930.90.8-0.490.63
0.060.110.13-0.250.08-0.70.140.61-0.07-0.340.10.28-0.260.070.20.20.030.21-0.63-0.48-0.24-0.030.140.060.0
0.28-0.02-0.19-0.040.080.3-0.02-0.510.190.010.990.060.11-0.490.650.30.91-0.260.28-0.320.15-0.4-0.30.09-0.27
0.09-0.14-0.530.2-0.70.3-0.18-0.68-0.180.460.33-0.290.44-0.290.070.010.42-0.270.350.270.23-0.1-0.33-0.17-0.02
0.91.00.240.820.14-0.02-0.180.630.5-0.78-0.140.24-0.760.8-0.150.00.130.77-0.220.140.870.850.93-0.120.78
0.380.610.30.340.61-0.51-0.680.630.18-0.67-0.550.26-0.670.75-0.33-0.06-0.430.7-0.620.00.260.670.76-0.10.55
0.630.50.110.66-0.070.19-0.180.50.18-0.420.110.0-0.440.49-0.28-0.090.10.650.37-0.090.630.510.54-0.310.08
-0.61-0.73-0.43-0.49-0.340.010.46-0.78-0.67-0.420.12-0.460.95-0.59-0.13-0.08-0.06-0.590.15-0.1-0.54-0.57-0.710.02-0.54
0.18-0.14-0.26-0.140.10.990.33-0.14-0.550.110.120.060.22-0.570.660.320.88-0.330.24-0.370.04-0.49-0.40.09-0.39
0.130.20.380.070.280.06-0.290.240.260.0-0.460.06-0.250.230.270.61-0.080.01-0.17-0.080.050.070.26-0.03-0.1
-0.59-0.71-0.29-0.51-0.260.110.44-0.76-0.67-0.440.950.22-0.25-0.61-0.080.24-0.01-0.660.09-0.06-0.55-0.62-0.710.03-0.58
0.640.810.290.80.07-0.49-0.290.80.750.49-0.59-0.570.23-0.61-0.52-0.09-0.390.84-0.290.230.660.960.93-0.410.66
-0.08-0.19-0.08-0.360.20.650.07-0.15-0.33-0.28-0.130.660.27-0.08-0.520.10.61-0.440.06-0.37-0.18-0.53-0.370.29-0.29
0.03-0.010.39-0.070.20.30.010.0-0.06-0.09-0.080.320.610.24-0.090.10.15-0.23-0.160.11-0.07-0.16-0.06-0.07-0.17
0.40.13-0.310.080.030.910.420.13-0.430.1-0.060.88-0.08-0.01-0.390.610.15-0.10.16-0.220.29-0.23-0.210.08-0.01
0.750.77-0.040.770.21-0.26-0.270.770.70.65-0.59-0.330.01-0.660.84-0.44-0.23-0.1-0.26-0.030.70.880.84-0.330.52
-0.07-0.22-0.030.09-0.630.280.35-0.22-0.620.370.150.24-0.170.09-0.290.06-0.160.16-0.26-0.010.08-0.18-0.26-0.13-0.29
0.010.140.40.24-0.48-0.320.270.140.0-0.09-0.1-0.37-0.08-0.060.23-0.370.11-0.22-0.03-0.010.20.250.1-0.080.49
0.950.89-0.040.93-0.240.150.230.870.260.63-0.540.040.05-0.550.66-0.18-0.070.290.70.080.20.780.78-0.180.61
0.750.860.140.9-0.03-0.4-0.10.850.670.51-0.57-0.490.07-0.620.96-0.53-0.16-0.230.88-0.180.250.780.91-0.440.75
0.780.930.260.80.14-0.3-0.330.930.760.54-0.71-0.40.26-0.710.93-0.37-0.06-0.210.84-0.260.10.780.91-0.150.67
-0.23-0.14-0.08-0.490.060.09-0.17-0.12-0.1-0.310.020.09-0.030.03-0.410.29-0.070.08-0.33-0.13-0.08-0.18-0.44-0.15-0.18
0.590.780.290.630.0-0.27-0.020.780.550.08-0.54-0.39-0.1-0.580.66-0.29-0.17-0.010.52-0.290.490.610.750.67-0.18
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Zuari Agro Account Relationship Matchups

Zuari Agro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.6B53.7B62.6B50.5B48.2B53.8B
Short Long Term Debt Total33.7B18.5B26.4B21.1B17.8B29.3B
Other Current Liab3.7B108.5M206.7M1.8B2.2B1.7B
Total Current Liabilities52.1B40.9B47.8B22.1B18.7B17.8B
Total Stockholder Equity3.4B2.0B3.7B15.8B16.9B11.2B
Property Plant And Equipment Net19.9B15.1B16.5B18.5B18.6B15.8B
Current Deferred Revenue4.4B24.1B21.0B1.9B632.5M600.9M
Net Debt31.0B14.2B20.8B17.2B14.5B27.5B
Retained Earnings(9.6B)(11.1B)(9.8B)(4.9B)(4.0B)(4.2B)
Accounts Payable19.7B4.1B5.9B4.8B3.4B3.2B
Cash2.7B4.3B5.7B3.9B3.4B2.5B
Non Current Assets Total31.1B26.7B29.9B32.6B33.4B26.1B
Non Currrent Assets Other706.7M291.0M324.8M573.4M899.1M858.3M
Cash And Short Term Investments2.7B4.6B5.9B4.6B3.5B2.8B
Net Receivables22.2B4.9B20.9B7.8B6.0B5.7B
Short Term Investments10K340.0M200.0M695.9M111.0M105.5M
Liabilities And Stockholders Equity65.6B53.7B62.6B50.5B48.2B53.8B
Non Current Liabilities Total5.9B6.4B6.4B7.3B6.6B5.9B
Inventory5.5B2.2B5.0B4.0B3.2B3.0B
Other Current Assets26.4B20.2B988.1M2.3B2.2B2.1B
Other Stockholder Equity8.5B12.7B13.1B(2K)4.0B7.2B
Total Liab58.1B47.3B54.2B29.4B25.3B43.0B
Total Current Assets34.6B27.0B32.8B17.9B14.8B14.1B
Accumulated Other Comprehensive Income(3.9B)12.7B13.1B20.3B20.5B21.5B
Short Term Debt28.0B12.6B20.7B14.6B12.5B24.7B
Intangible Assets1.0B988.1M955.8M925.3M995.9M892.8M
Other Liab283.7M470.3M687.0M801.0M720.9M477.6M
Net Tangible Assets2.2B817.4M2.6B14.7B13.3B7.0B
Long Term Debt5.7B5.9B5.1B5.6B4.3B5.5B
Short Long Term Debt28.0B8.5B20.6B14.6B12.4B17.8B
Property Plant Equipment19.1B13.9B16.3B18.5B21.2B17.2B
Long Term Debt Total5.7B5.9B5.7B6.5B7.5B6.6B
Cash And Equivalents1.9B3.3B4.5B3.3B3.8B2.4B
Net Invested Capital36.2B10.5B29.4B36.0B33.7B29.3B
Net Working Capital(17.6B)(13.9B)(15.0B)(4.1B)(3.9B)(4.1B)

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Other Information on Investing in Zuari Stock

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