KPIL Stock | | | 1,272 3.90 0.31% |
Kalpataru Projects financial indicator trend analysis is infinitely more than just investigating Kalpataru Projects recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kalpataru Projects is a good investment. Please check the relationship between Kalpataru Projects Net Income and its Total Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kalpataru Projects International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kalpataru Projects Net Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kalpataru Projects' Net Income and Total Operating Expenses is 0.74. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Kalpataru Projects International, assuming nothing else is changed. The correlation between historical values of Kalpataru Projects' Net Income and Total Operating Expenses 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 Income of Kalpataru Projects International are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Kalpataru Projects' Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Kalpataru Projects financial statement analysis. It represents the amount of money remaining after all of Kalpataru Projects International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Kalpataru Projects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kalpataru Projects 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kalpataru Projects International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2.3
B in 2024
Kalpataru Projects fundamental ratios Correlations
Click cells to compare fundamentals
Kalpataru Projects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kalpataru Projects 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.
Additional Tools for Kalpataru Stock Analysis
When running Kalpataru Projects' price analysis, check to
measure Kalpataru Projects' 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 Kalpataru Projects is operating at the current time. Most of Kalpataru Projects' value examination focuses on studying past and present price action to
predict the probability of Kalpataru Projects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kalpataru Projects' price. Additionally, you may evaluate how the addition of Kalpataru Projects to your portfolios can decrease your overall portfolio volatility.