Ganesh Net Income vs Ebit Analysis

GANESHHOUC   1,188  64.45  5.15%   
Ganesh Housing financial indicator trend analysis is much more than just examining Ganesh Housing latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ganesh Housing is a good investment. Please check the relationship between Ganesh Housing Net Income and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ganesh Housing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ganesh Housing Net Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ganesh Housing's Net Income and Ebit is 0.98. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Ganesh Housing, assuming nothing else is changed. The correlation between historical values of Ganesh Housing's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Ganesh Housing are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Ganesh Housing's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ganesh Housing financial statement analysis. It represents the amount of money remaining after all of Ganesh Housing operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Ganesh Housing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ganesh Housing 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ganesh Housing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
The Ganesh Housing's current Selling General Administrative is estimated to increase to about 186.7 M. The Ganesh Housing's current Tax Provision is estimated to increase to about 1.7 B

Ganesh Housing fundamental ratios Correlations

0.60.040.770.670.620.61-0.40.32-0.15-0.050.210.210.590.850.51-0.010.680.880.410.24-0.430.410.220.60.13
0.6-0.540.8-0.120.050.99-0.47-0.12-0.45-0.540.54-0.530.980.70.46-0.260.960.68-0.21-0.42-0.050.520.360.01-0.54
0.04-0.54-0.170.410.22-0.530.21-0.070.160.510.040.53-0.52-0.23-0.170.22-0.430.070.280.550.13-0.11-0.360.340.57
0.770.8-0.170.090.250.84-0.650.16-0.18-0.490.52-0.390.790.780.29-0.040.90.72-0.09-0.21-0.30.560.290.1-0.35
0.67-0.120.410.090.68-0.120.070.420.090.48-0.240.84-0.140.390.310.17-0.060.480.80.63-0.430.06-0.030.80.62
0.620.050.220.250.680.06-0.040.2-0.270.41-0.210.53-0.020.50.55-0.090.040.540.650.77-0.550.080.30.520.61
0.610.99-0.530.84-0.120.06-0.61-0.02-0.39-0.640.56-0.550.970.690.46-0.270.970.65-0.2-0.43-0.10.460.38-0.04-0.56
-0.4-0.470.21-0.650.07-0.04-0.61-0.46-0.090.82-0.40.4-0.51-0.33-0.240.22-0.59-0.190.080.280.310.02-0.330.240.41
0.32-0.12-0.070.160.420.2-0.02-0.460.7-0.21-0.310.25-0.080.11-0.070.110.01-0.170.340.17-0.72-0.110.030.150.08
-0.15-0.450.16-0.180.09-0.27-0.39-0.090.7-0.07-0.250.1-0.37-0.39-0.590.46-0.31-0.5-0.03-0.03-0.32-0.16-0.460.010.02
-0.05-0.540.51-0.490.480.41-0.640.82-0.21-0.07-0.540.75-0.57-0.10.040.19-0.590.050.490.69-0.03-0.13-0.170.450.83
0.210.540.040.52-0.24-0.210.56-0.4-0.31-0.25-0.54-0.510.510.14-0.04-0.240.550.37-0.38-0.410.370.56-0.22-0.07-0.61
0.21-0.530.53-0.390.840.53-0.550.40.250.10.75-0.51-0.550.020.190.15-0.510.090.810.7-0.31-0.26-0.070.570.84
0.590.98-0.520.79-0.14-0.020.97-0.51-0.08-0.37-0.570.51-0.550.690.43-0.260.970.66-0.29-0.450.00.420.290.02-0.53
0.850.7-0.230.780.390.50.69-0.330.11-0.39-0.10.140.020.690.45-0.070.750.820.310.02-0.360.460.490.270.0
0.510.46-0.170.290.310.550.46-0.24-0.07-0.590.04-0.040.190.430.45-0.490.390.560.30.25-0.29-0.240.440.220.3
-0.01-0.260.22-0.040.17-0.09-0.270.220.110.460.19-0.240.15-0.26-0.07-0.49-0.18-0.070.16-0.03-0.10.15-0.040.130.07
0.680.96-0.430.9-0.060.040.97-0.590.01-0.31-0.590.55-0.510.970.750.39-0.180.7-0.22-0.43-0.110.50.30.04-0.52
0.880.680.070.720.480.540.65-0.19-0.17-0.50.050.370.090.660.820.56-0.070.70.250.17-0.090.470.210.550.1
0.41-0.210.28-0.090.80.65-0.20.080.34-0.030.49-0.380.81-0.290.310.30.16-0.220.250.58-0.5-0.080.360.360.64
0.24-0.420.55-0.210.630.77-0.430.280.17-0.030.69-0.410.7-0.450.020.25-0.03-0.430.170.58-0.25-0.140.020.580.8
-0.43-0.050.13-0.3-0.43-0.55-0.10.31-0.72-0.32-0.030.37-0.310.0-0.36-0.29-0.1-0.11-0.09-0.5-0.250.05-0.29-0.06-0.3
0.410.52-0.110.560.060.080.460.02-0.11-0.16-0.130.56-0.260.420.46-0.240.150.50.47-0.08-0.140.05-0.060.26-0.46
0.220.36-0.360.29-0.030.30.38-0.330.03-0.46-0.17-0.22-0.070.290.490.44-0.040.30.210.360.02-0.29-0.06-0.320.01
0.60.010.340.10.80.52-0.040.240.150.010.45-0.070.570.020.270.220.130.040.550.360.58-0.060.26-0.320.39
0.13-0.540.57-0.350.620.61-0.560.410.080.020.83-0.610.84-0.530.00.30.07-0.520.10.640.8-0.3-0.460.010.39
Click cells to compare fundamentals

Ganesh Housing Account Relationship Matchups

Ganesh Housing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B11.3B11.8B14.2B17.7B13.6B
Short Long Term Debt Total5.3B4.1B1.4B35.7M260.4M247.4M
Other Current Liab53.2M419.2M57.7M1.5B1.4B1.5B
Total Current Liabilities3.1B3.1B2.2B2.3B1.9B2.7B
Total Stockholder Equity6.2B5.0B7.9B11.1B15.5B7.8B
Property Plant And Equipment Net2.1B1.9B1.9B2.2B3.7B3.9B
Net Debt5.3B4.0B1.4B(1.4B)(480.8M)(456.7M)
Cash47.6M51.9M55.1M1.4B741.2M778.2M
Non Current Assets Total3.2B3.1B6.0B3.0B6.0B3.4B
Non Currrent Assets Other(2.3B)158.8M3.3B2.0B1.6B1.2B
Cash And Short Term Investments162.9M193.7M133.8M3.3B2.3B2.4B
Net Receivables4.9B4.2B1.2B900.8M1.2B1.2B
Liabilities And Stockholders Equity13.7B11.3B11.8B14.2B17.7B13.6B
Non Current Liabilities Total3.5B2.3B790.2M84.2M256.4M243.6M
Inventory5.4B3.7B4.3B5.1B4.4B4.0B
Other Current Assets4.9B3.7B165.7M1.9B3.9B2.3B
Total Liab6.5B5.4B3.0B2.4B2.2B2.1B
Total Current Assets10.5B8.2B5.8B11.2B11.7B10.2B
Accumulated Other Comprehensive Income(129.3M)925.3M965.3M3.2B3.2B3.3B
Accounts Payable345.7M102.1M129.2M144.1M191.6M242.3M
Intangible Assets1.0M571.0K222K50K42K39.9K
Current Deferred Revenue696.7M1.1B1.3B258.8M322.7M615.9M
Retained Earnings2.3B1.3B1.9B3.9B7.3B4.1B
Short Term Investments115.3M141.8M78.7M1.8B1.6B1.6B
Short Term Debt2.0B1.8B730.3M10.8M35.0M33.3M
Other Liab116.5M(1K)118.3M59.2M53.3M50.6M
Net Tangible Assets7.3B6.1B4.9B7.7B7.0B5.8B
Other Assets990.5M1.1B4.0B7.5M2K1.9K
Long Term Debt3.3B2.3B671.9M24.9M225.4M214.1M
Short Long Term Debt2.0B736.6M747.0M10.8M35.0M33.3M
Property Plant Equipment2.1B1.9B1.9B2.2B2.5B2.1B
Long Term Debt Total3.4B2.3B671.9M24.9M22.4M21.3M
Non Current Liabilities Other146.6M116.5M(1K)1K900.0855.0
Net Invested Capital11.6B8.1B9.3B11.1B15.8B9.8B

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 Ganesh Stock

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