Hardwyn Operating Income vs Net Income From Continuing Ops Analysis

HARDWYN Stock

29.65 0.47 1.61%

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 Operating Income and its Net Income From Continuing Ops 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.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hardwyn India Limited Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hardwyn India's Operating Income and Net Income From Continuing Ops is 0.93. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops 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 Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Hardwyn India Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Hardwyn India's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from Hardwyn India Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Hardwyn India Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

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.

As of the 27th of December 2024, Selling General Administrative is likely to grow to about 43.8 M, while Tax Provision is likely to drop about 22.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.7M	8.6M	11.7M	12.3M
Depreciation And Amortization	1.2M	2.9M	12.1M	12.7M

Interest Expense Depreciation And Amortization

Hardwyn India fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Non Currrent Assets Other	Deferred Long Term Liab
Total Assets		0.84	0.88	1.0	0.88	0.68	0.97	0.76	0.77	1.0	-0.12	0.95	0.72	0.72	0.28	0.98	0.73	0.89	0.93	0.98	0.57	0.82	0.21	0.9	-0.79	-0.73
Other Current Liab	0.84		0.82	0.82	1.0	0.61	0.83	0.61	0.94	0.82	-0.09	0.83	0.61	0.85	0.38	0.89	0.56	0.82	0.85	0.91	0.64	0.69	0.34	0.68	-0.61	-0.59
Total Current Liabilities	0.88	0.82		0.85	0.85	0.88	0.97	0.92	0.79	0.84	0.29	0.88	0.92	0.67	0.25	0.95	0.83	1.0	0.99	0.9	0.72	0.93	0.26	0.83	-0.95	-0.93
Total Stockholder Equity	1.0	0.82	0.85		0.86	0.63	0.95	0.72	0.75	1.0	-0.18	0.94	0.67	0.71	0.28	0.97	0.7	0.85	0.91	0.98	0.54	0.79	0.19	0.89	-0.75	-0.69
Property Plant And Equipment Net	0.88	1.0	0.85	0.86		0.65	0.88	0.66	0.92	0.86	-0.09	0.85	0.66	0.84	0.38	0.93	0.62	0.86	0.89	0.94	0.65	0.73	0.33	0.73	-0.67	-0.63
Net Debt	0.68	0.61	0.88	0.63	0.65		0.79	0.91	0.59	0.62	0.44	0.66	0.99	0.61	0.46	0.76	0.8	0.88	0.85	0.7	0.75	0.81	0.32	0.76	-0.89	-0.9
Retained Earnings	0.97	0.83	0.97	0.95	0.88	0.79		0.87	0.76	0.95	0.06	0.91	0.84	0.7	0.25	0.99	0.83	0.97	0.99	0.96	0.66	0.9	0.25	0.9	-0.9	-0.84
Accounts Payable	0.76	0.61	0.92	0.72	0.66	0.91	0.87		0.61	0.72	0.43	0.76	0.96	0.63	0.09	0.83	0.89	0.92	0.89	0.74	0.75	0.89	0.28	0.87	-0.98	-0.97
Cash	0.77	0.94	0.79	0.75	0.92	0.59	0.76	0.61		0.74	0.12	0.86	0.59	0.79	0.29	0.84	0.44	0.79	0.81	0.84	0.64	0.68	0.32	0.61	-0.61	-0.65
Non Current Assets Total	1.0	0.82	0.84	1.0	0.86	0.62	0.95	0.72	0.74		-0.19	0.94	0.67	0.7	0.27	0.96	0.7	0.85	0.9	0.97	0.54	0.79	0.2	0.89	-0.74	-0.68
Other Assets	-0.12	-0.09	0.29	-0.18	-0.09	0.44	0.06	0.43	0.12	-0.19		0.06	0.46	-0.14	-0.17	0.02	0.21	0.29	0.18	-0.1	0.25	0.34	-0.03	-0.02	-0.46	-0.56
Cash And Short Term Investments	0.95	0.83	0.88	0.94	0.85	0.66	0.91	0.76	0.86	0.94	0.06		0.7	0.7	0.21	0.95	0.63	0.88	0.91	0.94	0.6	0.82	0.21	0.84	-0.79	-0.79
Net Receivables	0.72	0.61	0.92	0.67	0.66	0.99	0.84	0.96	0.59	0.67	0.46	0.7		0.59	0.33	0.79	0.85	0.92	0.89	0.72	0.75	0.86	0.3	0.8	-0.95	-0.94
Common Stock Shares Outstanding	0.72	0.85	0.67	0.71	0.84	0.61	0.7	0.63	0.79	0.7	-0.14	0.7	0.59		0.33	0.75	0.56	0.67	0.71	0.77	0.73	0.57	0.45	0.78	-0.52	-0.53
Non Current Liabilities Total	0.28	0.38	0.25	0.28	0.38	0.46	0.25	0.09	0.29	0.27	-0.17	0.21	0.33	0.33		0.28	0.07	0.27	0.3	0.37	0.24	0.12	0.22	0.19	-0.1	-0.09
Inventory	0.98	0.89	0.95	0.97	0.93	0.76	0.99	0.83	0.84	0.96	0.02	0.95	0.79	0.75	0.28		0.77	0.95	0.98	0.98	0.66	0.87	0.25	0.88	-0.85	-0.81
Other Current Assets	0.73	0.56	0.83	0.7	0.62	0.8	0.83	0.89	0.44	0.7	0.21	0.63	0.85	0.56	0.07	0.77		0.83	0.83	0.72	0.49	0.91	-0.02	0.83	-0.87	-0.82
Total Liab	0.89	0.82	1.0	0.85	0.86	0.88	0.97	0.92	0.79	0.85	0.29	0.88	0.92	0.67	0.27	0.95	0.83		0.99	0.9	0.72	0.92	0.27	0.83	-0.95	-0.92
Total Current Assets	0.93	0.85	0.99	0.91	0.89	0.85	0.99	0.89	0.81	0.9	0.18	0.91	0.89	0.71	0.3	0.98	0.83	0.99		0.94	0.69	0.92	0.24	0.86	-0.92	-0.89
Common Stock	0.98	0.91	0.9	0.98	0.94	0.7	0.96	0.74	0.84	0.97	-0.1	0.94	0.72	0.77	0.37	0.98	0.72	0.9	0.94		0.57	0.83	0.19	0.86	-0.76	-0.72
Short Long Term Debt Total	0.57	0.64	0.72	0.54	0.65	0.75	0.66	0.75	0.64	0.54	0.25	0.6	0.75	0.73	0.24	0.66	0.49	0.72	0.69	0.57		0.47	0.82	0.69	-0.69	-0.7
Current Deferred Revenue	0.82	0.69	0.93	0.79	0.73	0.81	0.9	0.89	0.68	0.79	0.34	0.82	0.86	0.57	0.12	0.87	0.91	0.92	0.92	0.83	0.47		-0.09	0.79	-0.92	-0.91
Short Term Debt	0.21	0.34	0.26	0.19	0.33	0.32	0.25	0.28	0.32	0.2	-0.03	0.21	0.3	0.45	0.22	0.25	-0.02	0.27	0.24	0.19	0.82	-0.09		0.3	-0.21	-0.2
Net Tangible Assets	0.9	0.68	0.83	0.89	0.73	0.76	0.9	0.87	0.61	0.89	-0.02	0.84	0.8	0.78	0.19	0.88	0.83	0.83	0.86	0.86	0.69	0.79	0.3		-0.82	-0.79
Non Currrent Assets Other	-0.79	-0.61	-0.95	-0.75	-0.67	-0.89	-0.9	-0.98	-0.61	-0.74	-0.46	-0.79	-0.95	-0.52	-0.1	-0.85	-0.87	-0.95	-0.92	-0.76	-0.69	-0.92	-0.21	-0.82		0.98
Deferred Long Term Liab	-0.73	-0.59	-0.93	-0.69	-0.63	-0.9	-0.84	-0.97	-0.65	-0.68	-0.56	-0.79	-0.94	-0.53	-0.09	-0.81	-0.82	-0.92	-0.89	-0.72	-0.7	-0.91	-0.2	-0.79	0.98

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Hardwyn India Account Relationship Matchups

Hardwyn India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	129.6M	389.8M	570.4M	4.2B	4.5B	4.7B
Other Current Liab	1.0	3.0M	4.8M	4.0M	53.1M	55.7M
Total Current Liabilities	25.5M	270.4M	416.9M	409.4M	572.3M	600.9M
Total Stockholder Equity	104.0M	119.4M	153.5M	3.7B	3.8B	4.0B
Property Plant And Equipment Net	506.5K	1.8M	7.6M	9.5M	51.4M	54.0M
Net Debt	254.2K	39.9M	65.0M	43.8M	75.0M	41.1M
Retained Earnings	2.0M	17.4M	51.5M	90.8M	104.4M	109.7M
Accounts Payable	24.7M	212.1M	324.0M	312.0M	389.7M	203.3M
Cash	11.8K	9.4M	980.3K	1.9M	17.4M	18.3M
Non Current Assets Total	987.9K	2.1M	7.8M	3.5B	3.5B	3.7B
Other Assets	1.0	335.3K	234.8K	(1K)	(1.2K)	(1.1K)
Cash And Short Term Investments	11.8K	9.4M	980.3K	14.8M	17.4M	18.3M
Net Receivables	91.9M	212.3M	304.4M	250.5M	314.3M	225.1M
Liabilities And Stockholders Equity	129.6M	389.8M	570.4M	4.2B	4.5B	4.7B
Inventory	1.8M	99.8M	140.5M	349.5M	490.6M	515.1M
Other Current Assets	69.7M	20.4M	116.6M	110.0M	120.4M	69.2M
Total Liab	25.5M	270.4M	416.9M	409.5M	580.0M	609.0M
Total Current Assets	128.6M	387.7M	562.5M	711.8M	942.7M	989.8M
Short Long Term Debt Total	266.0K	49.3M	66.0M	45.7M	92.4M	53.7M
Current Deferred Revenue	568.8K	9.1M	19.2M	38.4M	44.2M	46.4M
Short Term Debt	266.0K	46.3M	66.0M	45.6M	85.6M	55.6M

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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.

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Hardwyn Operating Income vs Net Income From Continuing Ops Analysis

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Operating Income

Net Income From Continuing Ops

Hardwyn India fundamental ratios Correlations

Hardwyn India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hardwyn India fundamental ratios Accounts

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Other Information on Investing in Hardwyn Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Current Liabilities

Non Currrent Assets Other	- 0.98	Accounts Payable
Deferred Long Term Liab	- 0.97	Accounts Payable
Non Currrent Assets Other	- 0.95	Total Liab
Non Currrent Assets Other	- 0.95	Net Receivables
Non Currrent Assets Other	- 0.95	Total Current Liabilities
Deferred Long Term Liab	- 0.94	Net Receivables