Chembond Ebitda vs Other Operating Expenses Analysis

CHEMBOND   589.50  3.70  0.63%   
Chembond Chemicals financial indicator trend analysis is way more than just evaluating Chembond Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chembond Chemicals is a good investment. Please check the relationship between Chembond Chemicals Ebitda and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chembond 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 bureau of labor statistics.

Ebitda vs Other Operating Expenses

Ebitda vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chembond Chemicals Ebitda account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chembond Chemicals' Ebitda and Other Operating Expenses is 0.48. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Chembond Chemicals, assuming nothing else is changed. The correlation between historical values of Chembond Chemicals' Ebitda and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Chembond Chemicals are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Ebitda i.e., Chembond Chemicals' Ebitda and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Ebitda

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Chembond Chemicals. It is also known as Chembond Chemicals 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.
Most indicators from Chembond Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chembond 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chembond 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 bureau of labor statistics.
As of the 1st of January 2025, Selling General Administrative is likely to grow to about 948.6 M, while Tax Provision is likely to drop about 87.6 M.
 2022 2023 2024 2025 (projected)
Interest Expense10.4M11.8M10.6M13.8M
Depreciation And Amortization45.1M55.5M63.8M34.9M

Chembond Chemicals fundamental ratios Correlations

-0.53-0.350.270.860.82-0.45-0.080.860.20.710.860.7-0.80.590.52-0.3-0.10.96-0.540.690.50.79-0.480.760.95
-0.530.040.53-0.59-0.040.810.38-0.58-0.08-0.52-0.16-0.110.720.16-0.210.050.75-0.380.840.010.22-0.640.09-0.59-0.71
-0.350.040.12-0.33-0.22-0.10.25-0.39-0.16-0.27-0.12-0.280.530.03-0.040.560.22-0.220.44-0.38-0.08-0.350.27-0.24-0.34
0.270.530.120.070.690.210.650.080.00.10.590.520.160.760.220.150.880.440.570.610.78-0.04-0.18-0.060.01
0.86-0.59-0.330.070.64-0.48-0.20.990.160.790.690.72-0.870.420.66-0.32-0.350.79-0.640.550.40.75-0.520.750.92
0.82-0.04-0.220.690.64-0.120.230.650.110.480.920.77-0.470.880.41-0.220.380.88-0.030.90.640.47-0.540.540.64
-0.450.81-0.10.21-0.48-0.12-0.22-0.47-0.21-0.63-0.09-0.160.59-0.02-0.23-0.390.39-0.390.51-0.210.15-0.6-0.21-0.25-0.52
-0.080.380.250.65-0.20.23-0.22-0.210.20.14-0.010.150.270.390.050.70.690.10.620.410.25-0.070.45-0.53-0.29
0.86-0.58-0.390.080.990.65-0.47-0.210.150.740.70.7-0.870.420.61-0.38-0.330.77-0.660.580.40.71-0.570.780.92
0.2-0.08-0.160.00.160.11-0.210.20.150.08-0.020.22-0.190.020.60.25-0.060.22-0.040.210.00.040.28-0.190.17
0.71-0.52-0.270.10.790.48-0.630.140.740.080.470.58-0.720.340.410.11-0.240.73-0.470.510.310.93-0.050.420.72
0.86-0.16-0.120.590.690.92-0.09-0.010.7-0.020.470.73-0.520.810.46-0.350.250.89-0.160.70.690.51-0.660.710.74
0.7-0.11-0.280.520.720.77-0.160.150.70.220.580.73-0.540.610.58-0.120.090.76-0.140.720.660.48-0.40.440.61
-0.80.720.530.16-0.87-0.470.590.27-0.87-0.19-0.72-0.52-0.54-0.17-0.450.340.51-0.680.74-0.47-0.14-0.770.41-0.69-0.88
0.590.160.030.760.420.88-0.020.390.420.020.340.810.61-0.170.27-0.080.560.70.220.80.580.28-0.50.330.39
0.52-0.21-0.040.220.660.41-0.230.050.610.60.410.460.58-0.450.27-0.03-0.10.56-0.190.280.50.29-0.160.230.55
-0.30.050.560.15-0.32-0.22-0.390.7-0.380.250.11-0.35-0.120.34-0.08-0.030.25-0.130.43-0.12-0.11-0.040.8-0.61-0.36
-0.10.750.220.88-0.350.380.390.69-0.33-0.06-0.240.250.090.510.56-0.10.250.070.780.350.52-0.340.02-0.35-0.37
0.96-0.38-0.220.440.790.88-0.390.10.770.220.730.890.76-0.680.70.56-0.130.07-0.330.730.60.77-0.370.610.87
-0.540.840.440.57-0.64-0.030.510.62-0.66-0.04-0.47-0.16-0.140.740.22-0.190.430.78-0.330.010.09-0.620.29-0.67-0.74
0.690.01-0.380.610.550.9-0.210.410.580.210.510.70.72-0.470.80.28-0.120.350.730.010.410.43-0.390.360.5
0.50.22-0.080.780.40.640.150.250.40.00.310.690.66-0.140.580.5-0.110.520.60.090.410.24-0.310.220.37
0.79-0.64-0.35-0.040.750.47-0.6-0.070.710.040.930.510.48-0.770.280.29-0.04-0.340.77-0.620.430.24-0.090.550.82
-0.480.090.27-0.18-0.52-0.54-0.210.45-0.570.28-0.05-0.66-0.40.41-0.5-0.160.80.02-0.370.29-0.39-0.31-0.09-0.74-0.48
0.76-0.59-0.24-0.060.750.54-0.25-0.530.78-0.190.420.710.44-0.690.330.23-0.61-0.350.61-0.670.360.220.55-0.740.82
0.95-0.71-0.340.010.920.64-0.52-0.290.920.170.720.740.61-0.880.390.55-0.36-0.370.87-0.740.50.370.82-0.480.82
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Chembond Chemicals Account Relationship Matchups

Chembond Chemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.5B3.6B4.0B4.5B5.1B2.7B
Short Long Term Debt Total18.8M15.1M73.1M66.8M60.1M106.3M
Other Current Liab114.1M130.6M156.2M210.2M189.2M161.8M
Total Current Liabilities577.7M539.9M769.4M818.8M941.6M681.2M
Total Stockholder Equity2.9B3.0B3.2B3.6B4.2B4.4B
Property Plant And Equipment Net465.5M460.2M536.4M601.7M692.0M455.2M
Net Debt(78.1M)(74.7M)(19.1M)(24.7M)(22.2M)(21.1M)
Cash96.9M89.8M92.3M101.1M116.2M110.6M
Non Current Assets Total1.7B1.7B1.9B2.0B2.2B2.4B
Non Currrent Assets Other73.3M88.2M72.3M66.8M76.8M59.2M
Cash And Short Term Investments473.2M548.3M493.7M586.0M673.9M707.6M
Net Receivables835.3M898.7M1.2B1.2B1.4B830.0M
Liabilities And Stockholders Equity3.5B3.6B4.0B4.5B5.1B2.7B
Non Current Liabilities Total19.1M17.8M16.3M23.3M21.0M19.9M
Inventory293.3M339.3M342.1M349.9M402.4M289.1M
Other Current Assets202.7M142.1M308.5M378.4M435.2M456.9M
Total Liab596.8M557.7M785.7M842.1M757.9M582.0M
Total Current Assets1.8B1.9B2.1B2.5B2.9B1.6B
Accumulated Other Comprehensive Income133.2M134.4M135.9M3.8M4.3M4.6M
Short Term Debt(6.6M)(978K)56.2M66.8M60.1M67.1M
Accounts Payable432.2M391.0M531.0M541.8M623.0M492.8M
Short Term Investments376.3M458.5M401.4M484.9M557.6M304.2M
Intangible Assets6.3M4.9M3.3M7.7M6.9M6.6M
Current Deferred Revenue94.8M90.9M97.0M104.2M119.8M82.0M
Retained Earnings2.7B2.8B3.0B3.3B3.8B2.2B
Other Assets95.7M110.9M50.8M(2K)(2.3K)(2.2K)
Other Liab13.5M11.3M12.7M10.7M9.7M9.2M
Net Tangible Assets2.0B1.9B2.2B2.3B2.6B2.3B
Long Term Debt6.4M7.1M7.9M9.6M11.0M7.4M
Long Term Debt Total7.4M6.4M7.1M7.9M9.1M7.0M
Property Plant Equipment483.2M464.0M460.1M536.4M616.8M515.3M
Short Long Term Debt12.4M8.0M65.3M66.8M60.1M41.1M
Net Invested Capital3.0B3.1B3.3B3.7B4.2B3.3B
Net Working Capital1.3B1.4B1.3B1.7B2.0B1.4B
Property Plant And Equipment Gross633.7M667.6M536.4M601.7M541.6M488.4M

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Other Information on Investing in Chembond Stock

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