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 Total Revenue and its Gross Profit 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.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kalpataru Projects Total Revenue account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kalpataru Projects' Total Revenue and Gross Profit is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit 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' Total 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 Total Revenue of Kalpataru Projects International 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 Total Revenue i.e., Kalpataru Projects' Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Kalpataru Projects generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Kalpataru Projects International minus its cost of goods sold. It is profit before Kalpataru Projects 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 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.