Navneet Cost Of Revenue vs Income Before Tax Analysis

NAVNETEDUL   138.75  0.90  0.64%   
Navneet Education financial indicator trend analysis is infinitely more than just investigating Navneet Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navneet Education is a good investment. Please check the relationship between Navneet Education Cost Of Revenue and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navneet Education 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 income.

Cost Of Revenue vs Income Before Tax

Cost Of Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navneet Education Cost Of Revenue account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Navneet Education's Cost Of Revenue and Income Before Tax is 0.8. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Navneet Education Limited, assuming nothing else is changed. The correlation between historical values of Navneet Education's Cost Of Revenue and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Navneet Education Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Cost Of Revenue i.e., Navneet Education's Cost Of Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Navneet Education income statement and represents the costs associated with goods and services Navneet Education provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Navneet Education income statement and is an important metric when analyzing Navneet Education profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Navneet Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navneet Education 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 Navneet Education 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 income.
The current year's Selling General Administrative is expected to grow to about 3.2 B. The current year's Tax Provision is expected to grow to about 558 M
 2022 2023 2024 2025 (projected)
EBITDA3.8B3.8B4.3B2.2B
EBIT3.2B3.1B3.6B1.9B

Navneet Education fundamental ratios Correlations

0.580.440.650.990.660.530.980.560.860.980.340.50.79-0.22-0.85-0.010.50.990.04-0.730.70.990.790.420.58
0.580.550.950.460.560.990.450.420.350.490.440.240.780.14-0.26-0.250.20.630.12-0.330.950.630.580.480.98
0.440.550.680.390.760.520.350.190.410.430.180.210.530.24-0.15-0.020.010.460.17-0.110.660.450.20.620.44
0.650.950.680.540.670.930.510.590.460.550.330.30.870.22-0.24-0.170.140.690.04-0.250.990.690.660.610.92
0.990.460.390.540.650.40.990.540.880.990.280.510.75-0.29-0.860.040.550.970.04-0.770.60.970.760.370.46
0.660.560.760.670.650.520.620.390.530.670.290.170.730.19-0.37-0.140.210.650.33-0.520.680.640.380.740.45
0.530.990.520.930.40.520.380.360.260.420.480.160.740.19-0.22-0.310.150.580.15-0.30.920.580.540.470.98
0.980.450.350.510.990.620.380.560.890.990.220.550.72-0.36-0.870.060.630.950.05-0.790.580.950.770.280.44
0.560.420.190.590.540.390.360.560.610.5-0.240.450.640.04-0.250.110.230.57-0.15-0.140.60.590.830.260.42
0.860.350.410.460.880.530.260.890.610.90.010.780.58-0.42-0.720.40.580.84-0.16-0.490.530.820.660.210.34
0.980.490.430.550.990.670.420.990.50.90.290.550.72-0.3-0.870.070.570.960.04-0.760.620.960.730.380.48
0.340.440.180.330.280.290.480.22-0.240.010.29-0.330.250.22-0.38-0.24-0.180.39-0.03-0.380.310.37-0.010.470.47
0.50.240.210.30.510.170.160.550.450.780.55-0.330.35-0.61-0.330.60.680.49-0.2-0.190.370.450.45-0.180.25
0.790.780.530.870.750.730.740.720.640.580.720.250.35-0.01-0.42-0.220.360.80.11-0.540.890.820.770.570.75
-0.220.140.240.22-0.290.190.19-0.360.04-0.42-0.30.22-0.61-0.010.38-0.44-0.82-0.190.210.40.11-0.17-0.10.660.09
-0.85-0.26-0.15-0.24-0.86-0.37-0.22-0.87-0.25-0.72-0.87-0.38-0.33-0.420.38-0.03-0.47-0.83-0.010.74-0.32-0.82-0.57-0.16-0.3
-0.01-0.25-0.02-0.170.04-0.14-0.310.060.110.40.07-0.240.6-0.22-0.44-0.030.21-0.01-0.470.24-0.15-0.06-0.16-0.3-0.2
0.50.20.010.140.550.210.150.630.230.580.57-0.180.680.36-0.82-0.470.210.460.07-0.680.260.450.43-0.390.2
0.990.630.460.690.970.650.580.950.570.840.960.390.490.8-0.19-0.83-0.010.460.03-0.70.741.00.790.440.64
0.040.120.170.040.040.330.150.05-0.15-0.160.04-0.03-0.20.110.21-0.01-0.470.070.03-0.340.050.04-0.040.120.04
-0.73-0.33-0.11-0.25-0.77-0.52-0.3-0.79-0.14-0.49-0.76-0.38-0.19-0.540.40.740.24-0.68-0.7-0.34-0.34-0.7-0.46-0.1-0.32
0.70.950.660.990.60.680.920.580.60.530.620.310.370.890.11-0.32-0.150.260.740.05-0.340.740.70.560.92
0.990.630.450.690.970.640.580.950.590.820.960.370.450.82-0.17-0.82-0.060.451.00.04-0.70.740.820.440.64
0.790.580.20.660.760.380.540.770.830.660.73-0.010.450.77-0.1-0.57-0.160.430.79-0.04-0.460.70.820.260.61
0.420.480.620.610.370.740.470.280.260.210.380.47-0.180.570.66-0.16-0.3-0.390.440.12-0.10.560.440.260.41
0.580.980.440.920.460.450.980.440.420.340.480.470.250.750.09-0.3-0.20.20.640.04-0.320.920.640.610.41
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Navneet Education Account Relationship Matchups

Navneet Education fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.8B13.2B16.6B17.5B20.1B21.1B
Short Long Term Debt Total741.4M1.4B2.9B2.6B3.0B1.6B
Other Current Liab904.4M834M960M908M1.0B579.7M
Total Current Liabilities2.2B2.9B4.6B4.0B4.7B2.5B
Total Stockholder Equity9.3B10.0B11.5B12.9B14.9B15.6B
Property Plant And Equipment Net2.2B2.0B1.9B2.3B2.6B1.6B
Net Debt533.5M1.1B2.6B2.4B2.7B1.5B
Retained Earnings8.6B9.4B10.5B12.4B14.3B15.0B
Accounts Payable783.7M687.5M644.8M523.5M602.0M405.6M
Cash207.9M245.9M275.1M213.3M245.3M257.6M
Non Current Assets Total4.6B5.1B6.0B6.4B7.4B7.7B
Non Currrent Assets Other100K1.1M244.2M726.4M835.4M877.1M
Cash And Short Term Investments207.9M245.9M502.2M215.6M194.0M159.9M
Net Receivables1.8B2.8B3.3B3.7B4.2B2.2B
Short Term Investments235.4M121.7M227.1M2.3M2.1M2.0M
Liabilities And Stockholders Equity11.8B13.2B16.6B17.5B20.1B21.1B
Non Current Liabilities Total254.9M303.1M417.1M485.2M436.7M301.9M
Inventory4.2B4.7B6.2B6.4B7.3B7.7B
Other Current Assets1.0B601.5M734M775.6M891.9M839.4M
Other Stockholder Equity206.1M(1.0)100K(12.4B)(11.2B)(10.6B)
Total Liab2.5B3.2B5.1B4.5B5.2B2.9B
Total Current Assets7.2B8.1B10.5B11.1B12.7B13.4B
Accumulated Other Comprehensive Income206.1M178.2M567.3M70.1M80.6M84.6M
Intangible Assets232M252.5M370.5M319.7M367.7M386.0M
Short Term Debt521.7M1.2B2.9B2.5B2.9B1.9B
Current Deferred Revenue936.5M962.6M939.1M102.7M92.4M87.8M
Other Assets418M312.7M348.3M1.5M1.7M1.6M
Other Liab8.1M9.9M35.2M184.1M165.7M174.0M
Net Tangible Assets7.9B8.6B9.5B10.9B12.5B8.0B
Short Long Term Debt432.7M1.1B2.8B2.5B2.8B2.1B
Property Plant Equipment2.2B2.2B2.0B1.9B2.1B2.0B
Long Term Debt Total341.1M219.7M119M3.8M4.4M4.2M
Net Invested Capital9.7B11.2B14.3B15.4B17.7B13.0B
Net Working Capital5.0B5.3B5.9B7.0B8.1B5.7B

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Other Information on Investing in Navneet Stock

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