Meghmani Depreciation And Amortization vs Tax Provision Analysis

MOL Stock

96.28 0.77 0.79%

Meghmani Organics financial indicator trend analysis is infinitely more than just investigating Meghmani Organics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meghmani Organics is a good investment. Please check the relationship between Meghmani Organics Depreciation And Amortization and its Tax Provision accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meghmani Organics 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 board of governors.

Depreciation And Amortization vs Tax Provision

Depreciation And Amortization vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meghmani Organics Depreciation And Amortization account and Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Meghmani Organics' Depreciation And Amortization and Tax Provision is -0.08. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Meghmani Organics Limited, assuming nothing else is changed. The correlation between historical values of Meghmani Organics' Depreciation And Amortization and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Meghmani Organics Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Meghmani Organics' Depreciation And Amortization and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Meghmani Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meghmani Organics 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 Meghmani Organics 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 board of governors.

The current year's Selling General Administrative is expected to grow to about 249.9 M, whereas Tax Provision is forecasted to decline to about 102.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	10.0B	10.4B	3.2B	3.0B
Total Revenue	24.7B	25.6B	15.5B	20.7B

Gross Profit Total Revenue

Meghmani Organics fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Retained Earnings	Other Assets	Long Term Debt
Common Stock Shares Outstanding		0.37	0.37	-0.36	0.43	0.4	0.52	0.49	0.49	0.03	0.53	0.19	0.05	0.13	0.34	0.3	0.41	0.28	0.37	0.3	0.46	-0.05	0.39	0.43	-0.17	0.71
Total Assets	0.37		0.89	0.32	0.94	0.97	0.77	0.74	0.77	0.35	0.81	0.03	0.51	0.8	0.74	0.88	0.54	0.82	0.99	0.85	0.86	0.46	0.6	0.72	-0.18	0.65
Short Long Term Debt Total	0.37	0.89		0.48	0.81	0.77	0.79	0.89	0.48	0.38	0.74	-0.19	0.36	0.7	0.84	0.68	0.35	0.62	0.94	0.66	0.94	0.65	0.61	0.48	-0.21	0.52
Other Current Liab	-0.36	0.32	0.48		0.06	0.14	0.23	0.33	-0.18	0.3	0.11	-0.48	0.01	0.16	0.34	-0.04	-0.39	0.18	0.37	-0.08	0.28	0.67	-0.14	-0.18	-0.29	-0.27
Total Current Liabilities	0.43	0.94	0.81	0.06		0.92	0.72	0.7	0.83	0.23	0.79	0.04	0.39	0.84	0.69	0.96	0.72	0.72	0.93	0.95	0.86	0.34	0.74	0.76	-0.07	0.71
Total Stockholder Equity	0.4	0.97	0.77	0.14	0.92		0.75	0.65	0.88	0.31	0.83	0.18	0.59	0.79	0.67	0.9	0.6	0.88	0.92	0.89	0.75	0.24	0.53	0.83	-0.12	0.72
Property Plant And Equipment Net	0.52	0.77	0.79	0.23	0.72	0.75		0.92	0.64	0.33	0.98	0.04	0.36	0.73	0.92	0.59	0.26	0.8	0.76	0.63	0.69	0.17	0.37	0.78	0.11	0.67
Net Debt	0.49	0.74	0.89	0.33	0.7	0.65	0.92		0.47	0.22	0.85	-0.26	0.21	0.62	0.88	0.55	0.33	0.59	0.78	0.54	0.84	0.37	0.41	0.54	-0.13	0.64
Accounts Payable	0.49	0.77	0.48	-0.18	0.83	0.88	0.64	0.47		0.18	0.77	0.21	0.44	0.64	0.49	0.86	0.73	0.79	0.71	0.84	0.53	-0.15	0.37	0.89	-0.02	0.79
Cash	0.03	0.35	0.38	0.3	0.23	0.31	0.33	0.22	0.18		0.31	0.21	0.7	0.41	0.57	0.28	-0.22	0.53	0.37	0.34	0.16	0.05	0.14	0.35	0.36	0.11
Non Current Assets Total	0.53	0.81	0.74	0.11	0.79	0.83	0.98	0.85	0.77	0.31		0.14	0.44	0.78	0.88	0.7	0.38	0.88	0.78	0.74	0.67	0.07	0.39	0.89	0.14	0.74
Non Currrent Assets Other	0.19	0.03	-0.19	-0.48	0.04	0.18	0.04	-0.26	0.21	0.21	0.14		0.47	0.23	0.03	0.07	-0.13	0.35	-0.07	0.21	-0.27	-0.3	0.24	0.43	0.61	0.02
Cash And Short Term Investments	0.05	0.51	0.36	0.01	0.39	0.59	0.36	0.21	0.44	0.7	0.44	0.47		0.52	0.48	0.51	0.12	0.74	0.45	0.55	0.23	-0.11	0.17	0.61	0.24	0.4
Net Receivables	0.13	0.8	0.7	0.16	0.84	0.79	0.73	0.62	0.64	0.41	0.78	0.23	0.52		0.81	0.82	0.34	0.81	0.78	0.9	0.6	0.28	0.65	0.8	0.34	0.49
Non Current Liabilities Total	0.34	0.74	0.84	0.34	0.69	0.67	0.92	0.88	0.49	0.57	0.88	0.03	0.48	0.81		0.59	0.12	0.78	0.76	0.66	0.67	0.28	0.44	0.69	0.25	0.52
Inventory	0.3	0.88	0.68	-0.04	0.96	0.9	0.59	0.55	0.86	0.28	0.7	0.07	0.51	0.82	0.59		0.77	0.73	0.85	0.98	0.74	0.18	0.65	0.78	-0.04	0.72
Other Current Assets	0.41	0.54	0.35	-0.39	0.72	0.6	0.26	0.33	0.73	-0.22	0.38	-0.13	0.12	0.34	0.12	0.77		0.27	0.52	0.68	0.61	-0.04	0.49	0.46	-0.35	0.71
Other Stockholder Equity	0.28	0.82	0.62	0.18	0.72	0.88	0.8	0.59	0.79	0.53	0.88	0.35	0.74	0.81	0.78	0.73	0.27		0.75	0.78	0.48	0.01	0.29	0.92	0.21	0.62
Total Liab	0.37	0.99	0.94	0.37	0.93	0.92	0.76	0.78	0.71	0.37	0.78	-0.07	0.45	0.78	0.76	0.85	0.52	0.75		0.82	0.91	0.53	0.63	0.64	-0.22	0.62
Total Current Assets	0.3	0.85	0.66	-0.08	0.95	0.89	0.63	0.54	0.84	0.34	0.74	0.21	0.55	0.9	0.66	0.98	0.68	0.78	0.82		0.68	0.15	0.7	0.84	0.15	0.67
Short Term Debt	0.46	0.86	0.94	0.28	0.86	0.75	0.69	0.84	0.53	0.16	0.67	-0.27	0.23	0.6	0.67	0.74	0.61	0.48	0.91	0.68		0.59	0.68	0.43	-0.38	0.62
Intangible Assets	-0.05	0.46	0.65	0.67	0.34	0.24	0.17	0.37	-0.15	0.05	0.07	-0.3	-0.11	0.28	0.28	0.18	-0.04	0.01	0.53	0.15	0.59		0.52	-0.21	-0.38	-0.15
Common Stock	0.39	0.6	0.61	-0.14	0.74	0.53	0.37	0.41	0.37	0.14	0.39	0.24	0.17	0.65	0.44	0.65	0.49	0.29	0.63	0.7	0.68	0.52		0.38	0.11	0.34
Retained Earnings	0.43	0.72	0.48	-0.18	0.76	0.83	0.78	0.54	0.89	0.35	0.89	0.43	0.61	0.8	0.69	0.78	0.46	0.92	0.64	0.84	0.43	-0.21	0.38		0.33	0.73
Other Assets	-0.17	-0.18	-0.21	-0.29	-0.07	-0.12	0.11	-0.13	-0.02	0.36	0.14	0.61	0.24	0.34	0.25	-0.04	-0.35	0.21	-0.22	0.15	-0.38	-0.38	0.11	0.33		-0.22
Long Term Debt	0.71	0.65	0.52	-0.27	0.71	0.72	0.67	0.64	0.79	0.11	0.74	0.02	0.4	0.49	0.52	0.72	0.71	0.62	0.62	0.67	0.62	-0.15	0.34	0.73	-0.22

Click cells to compare fundamentals

Meghmani Organics Account Relationship Matchups

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.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Other Information on Investing in Meghmani Stock

Balance Sheet is a snapshot of the financial position of Meghmani Organics at a specified time, usually calculated after every quarter, six months, or one year. Meghmani Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Meghmani Organics 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 Meghmani currently owns. An asset can also be divided into two categories, current and non-current.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Meghmani Depreciation And Amortization vs Tax Provision Analysis

Depreciation And Amortization vs Tax Provision

Depreciation And Amortization vs Tax Provision Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Tax Provision

Meghmani Organics fundamental ratios Correlations

Meghmani Organics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in Meghmani Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Total Current Assets	+ 0.98	Inventory
Total Stockholder Equity	+ 0.97	Total Assets
Inventory	+ 0.96	Total Current Liabilities
Total Current Assets	+ 0.95	Total Current Liabilities

Non Currrent Assets Other	- 0.48	Other Current Liab
Other Current Assets	- 0.39	Other Current Liab
Other Assets	- 0.38	Intangible Assets
Other Assets	- 0.38	Short Term Debt
Other Current Liab	- 0.36	Common Stock Shares Outstanding
Other Assets	- 0.35	Other Current Assets