Hardwyn Cost Of Revenue vs Gross Profit Analysis

HARDWYN Stock   15.92  0.85  5.07%   
Hardwyn India financial indicator trend analysis is much more than just examining Hardwyn India Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hardwyn India Limited is a good investment. Please check the relationship between Hardwyn India Cost Of 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 Hardwyn 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 housing.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardwyn India Limited Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Hardwyn India's Cost Of Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Hardwyn India Limited, assuming nothing else is changed. The correlation between historical values of Hardwyn India's Cost Of 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 Cost Of Revenue of Hardwyn 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 Cost Of Revenue i.e., Hardwyn India's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Hardwyn India Limited income statement and represents the costs associated with goods and services Hardwyn India provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hardwyn India Limited minus its cost of goods sold. It is profit before Hardwyn 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 Hardwyn India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hardwyn India Limited 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 Hardwyn 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 housing.
At this time, Hardwyn India's Selling General Administrative is very stable compared to the past year. As of the 13th of January 2025, Tax Provision is likely to grow to about 52.7 M, while Issuance Of Capital Stock is likely to drop about 2.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense8.6M11.7M13.5M14.2M
Depreciation And Amortization2.9M12.1M13.9M14.6M

Hardwyn India fundamental ratios Correlations

0.890.921.00.920.840.970.90.851.0-0.160.970.770.760.340.990.870.920.960.990.680.840.40.9-0.81-0.76
0.890.880.881.00.830.850.840.960.88-0.130.890.710.850.410.930.780.880.90.940.740.730.520.75-0.67-0.64
0.920.880.90.90.960.971.00.860.890.190.920.910.730.30.970.931.00.990.930.770.930.440.86-0.94-0.91
1.00.880.90.910.810.960.880.831.0-0.20.960.750.750.330.980.850.90.940.980.660.820.390.9-0.78-0.73
0.921.00.90.910.850.890.870.950.91-0.130.90.740.850.40.950.820.90.930.960.750.760.510.78-0.71-0.67
0.840.830.960.810.850.910.950.810.810.260.830.940.680.510.90.880.970.950.870.760.870.440.78-0.9-0.88
0.970.850.970.960.890.910.970.810.960.020.930.870.720.280.980.940.970.980.950.720.910.410.91-0.91-0.86
0.90.841.00.880.870.950.970.830.870.240.90.920.690.240.950.931.00.980.90.760.940.410.85-0.96-0.93
0.850.960.860.830.950.810.810.830.830.040.910.690.820.340.90.710.860.880.90.740.720.50.7-0.67-0.69
1.00.880.891.00.910.810.960.870.83-0.210.960.740.750.330.970.850.890.930.980.660.810.390.9-0.77-0.72
-0.16-0.130.19-0.2-0.130.260.020.240.04-0.21-0.010.33-0.16-0.18-0.040.090.180.09-0.140.130.29-0.07-0.07-0.39-0.49
0.970.890.920.960.90.830.930.90.910.96-0.010.760.750.280.970.80.920.940.960.70.840.410.86-0.81-0.8
0.770.710.910.750.740.940.870.920.690.740.330.760.730.380.830.850.920.890.780.830.870.50.87-0.94-0.94
0.760.850.730.750.850.680.720.690.820.75-0.160.750.730.370.790.650.730.750.80.850.610.660.83-0.59-0.59
0.340.410.30.330.40.510.280.240.340.33-0.180.280.380.370.340.210.320.350.410.310.170.30.25-0.16-0.14
0.990.930.970.980.950.90.980.950.90.97-0.040.970.830.790.340.90.970.990.990.740.870.440.89-0.85-0.81
0.870.780.930.850.820.880.940.930.710.850.090.80.850.650.210.90.930.930.870.60.950.210.83-0.89-0.83
0.920.881.00.90.90.970.971.00.860.890.180.920.920.730.320.970.930.990.930.770.920.440.86-0.94-0.91
0.960.90.990.940.930.950.980.980.880.930.090.940.890.750.350.990.930.990.960.760.920.430.88-0.91-0.88
0.990.940.930.980.960.870.950.90.90.98-0.140.960.780.80.410.990.870.930.960.690.840.40.87-0.78-0.74
0.680.740.770.660.750.760.720.760.740.660.130.70.830.850.310.740.60.770.760.690.560.880.79-0.73-0.73
0.840.730.930.820.760.870.910.940.720.810.290.840.870.610.170.870.950.920.920.840.560.120.82-0.93-0.92
0.40.520.440.390.510.440.410.410.50.39-0.070.410.50.660.30.440.210.440.430.40.880.120.5-0.36-0.35
0.90.750.860.90.780.780.910.850.70.9-0.070.860.870.830.250.890.830.860.880.870.790.820.5-0.85-0.82
-0.81-0.67-0.94-0.78-0.71-0.9-0.91-0.96-0.67-0.77-0.39-0.81-0.94-0.59-0.16-0.85-0.89-0.94-0.91-0.78-0.73-0.93-0.36-0.850.98
-0.76-0.64-0.91-0.73-0.67-0.88-0.86-0.93-0.69-0.72-0.49-0.8-0.94-0.59-0.14-0.81-0.83-0.91-0.88-0.74-0.73-0.92-0.35-0.820.98
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Hardwyn India Account Relationship Matchups

Hardwyn India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets389.8M570.4M4.2B4.5B5.1B5.4B
Other Current Liab3.0M4.8M4.0M53.1M61.1M64.1M
Total Current Liabilities270.4M416.9M409.4M572.3M658.1M691.0M
Total Stockholder Equity119.4M153.5M3.7B3.8B4.4B4.6B
Property Plant And Equipment Net1.8M7.6M9.5M51.4M59.1M62.1M
Net Debt39.9M65.0M43.8M75.0M86.2M90.5M
Retained Earnings2.0M17.4M51.5M90.8M104.4M109.7M
Accounts Payable212.1M324.0M312.0M389.7M448.1M470.5M
Cash9.4M980.3K1.9M17.4M20.0M21.0M
Non Current Assets Total2.1M7.8M3.5B3.5B4.0B4.2B
Other Assets1.0335.3K234.8K(1K)(1.2K)(1.1K)
Cash And Short Term Investments9.4M980.3K14.8M17.4M20.0M21.0M
Net Receivables212.3M304.4M250.5M314.3M361.5M225.1M
Liabilities And Stockholders Equity389.8M570.4M4.2B4.5B5.1B5.4B
Inventory99.8M140.5M349.5M490.6M564.1M592.3M
Other Current Assets20.4M116.6M110.0M120.4M138.4M145.4M
Total Liab270.4M416.9M409.5M580.0M667.0M700.3M
Total Current Assets387.7M562.5M711.8M942.7M1.1B1.1B
Short Long Term Debt Total49.3M66.0M45.7M92.4M106.2M53.7M
Current Deferred Revenue568.8K9.1M19.2M38.4M44.2M46.4M
Short Term Debt46.3M66.0M45.6M85.6M98.4M55.6M
Net Invested Capital168.7M219.5M3.8B3.9B4.5B4.7B
Property Plant And Equipment Gross2.5M9.5M9.5M51.4M59.1M62.1M
Short Long Term Debt49.3M66.0M45.6M79.1M91.0M52.9M
Net Working Capital117.3M145.6M302.4M370.4M425.9M228.5M

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Other Information on Investing in Hardwyn Stock

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