GILLETTE | | | 9,414 272.85 2.82% |
Gillette India financial indicator trend analysis is much more than just examining Gillette India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gillette India is a good investment. Please check the relationship between Gillette India Total Revenue and its Gross Profit accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gillette India Total Revenue account and
Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Gillette India's Total Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Gillette India Limited, assuming nothing else is changed. The correlation between historical values of Gillette India's Total Revenue 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 Total Revenue of Gillette India Limited 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 Total Revenue i.e., Gillette India's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Gillette India generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Gillette India Limited minus its cost of goods sold. It is profit before Gillette India 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 Gillette India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gillette 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Gillette India's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 292
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.2
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 11.7B | 12.9B | 15.3B | 9.7B | Total Revenue | 22.6B | 24.8B | 26.3B | 17.2B |
Gillette India fundamental ratios Correlations
Click cells to compare fundamentals
Gillette India Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gillette India fundamental ratios Accounts
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Additional Tools for Gillette Stock Analysis
When running Gillette India's price analysis, check to
measure Gillette India's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gillette India is operating at the current time. Most of Gillette India's value examination focuses on studying past and present price action to
predict the probability of Gillette India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gillette India's price. Additionally, you may evaluate how the addition of Gillette India to your portfolios can decrease your overall portfolio volatility.