HTMEDIA Stock | | | 24.01 0.41 1.74% |
HT Media financial indicator trend analysis is much more than just examining HT Media Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HT Media Limited is a good investment. Please check the relationship between HT Media Gross Profit and its Interest Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HT Media 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 unemployment.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
HT Media Limited Gross Profit account and
Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between HT Media's Gross Profit and Interest Income is 0.13. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of HT Media Limited, assuming nothing else is changed. The correlation between historical values of HT Media's Gross Profit and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of HT Media Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., HT Media's Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of HT Media Limited minus its cost of goods sold. It is profit before HT Media 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.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from HT Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HT Media 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 HT Media 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 unemployment.
As of December 2, 2024,
Selling General Administrative is expected to decline to about 761.6
M. The current year's
Tax Provision is expected to grow to about (466.4
M)
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 8.8B | 8.3B | 7.5B | 11.3B | Total Revenue | 14.2B | 16.2B | 16.9B | 18.5B |
HT Media fundamental ratios Correlations
Click cells to compare fundamentals
HT Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HT Media fundamental ratios Accounts
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 HTMEDIA Stock
Balance Sheet is a snapshot of the
financial position of HT Media Limited at a specified time, usually calculated after every quarter, six months, or one year. HT Media Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HT Media 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 HTMEDIA currently owns. An asset can also be divided into two categories, current and non-current.