Hardwyn Net Interest Income vs Total Other Income Expense Net 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 Net Interest Income and its Total Other Income Expense Net 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.

Net Interest Income vs Total Other Income Expense Net

Net Interest Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardwyn India Limited Net Interest Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hardwyn India's Net Interest Income and Total Other Income Expense Net is 0.89. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Other Income Expense Net 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 Net Interest Income and Total Other Income Expense Net 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 Interest Income of Hardwyn India Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Net Interest Income i.e., Hardwyn India's Net Interest Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Other Income Expense Net

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
Click cells to compare fundamentals

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

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 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.