Navneet Depreciation And Amortization vs Ebit Analysis

NAVNETEDUL   141.03  0.48  0.34%   
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 Depreciation And Amortization and its Ebit 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.

Depreciation And Amortization vs Ebit

Depreciation And Amortization vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navneet Education Depreciation And Amortization account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Navneet Education's Depreciation And Amortization and Ebit is 0.54. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebit 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 Depreciation And Amortization and Ebit 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 Navneet Education Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Depreciation And Amortization i.e., Navneet Education's Depreciation And Amortization and Ebit go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Ebit

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 2.8 B. The current year's Tax Provision is expected to grow to about 558 M
 2021 2022 2023 2024 (projected)
EBITDA2.6B3.8B3.8B2.2B
EBIT2.1B3.2B3.1B1.9B

Navneet Education fundamental ratios Correlations

0.670.560.810.820.750.610.80.720.810.81-0.010.570.920.0-0.270.020.410.990.09-0.40.850.990.790.550.62
0.670.510.940.410.490.990.390.40.330.450.40.220.750.24-0.12-0.250.10.740.14-0.20.950.730.590.470.98
0.560.510.640.350.740.470.30.160.450.40.120.190.470.34-0.02-0.01-0.10.590.180.030.630.560.20.610.38
0.810.940.640.520.610.920.480.580.490.540.270.290.860.32-0.11-0.170.030.860.05-0.110.990.860.710.610.91
0.820.410.350.520.610.340.990.60.740.990.070.560.74-0.19-0.760.060.490.790.07-0.70.580.790.630.410.41
0.750.490.740.610.610.440.560.370.530.630.170.130.650.38-0.18-0.150.040.730.4-0.360.610.720.360.780.36
0.610.990.470.920.340.440.320.340.230.380.440.130.710.28-0.09-0.310.050.680.16-0.180.920.680.550.460.98
0.80.390.30.480.990.560.320.610.760.980.00.590.7-0.29-0.770.090.580.770.07-0.720.550.770.640.30.38
0.720.40.160.580.60.370.340.610.680.55-0.30.450.670.08-0.220.120.20.71-0.15-0.080.60.740.880.250.4
0.810.330.450.490.740.530.230.760.680.77-0.30.840.58-0.32-0.330.480.520.79-0.16-0.210.540.750.590.240.28
0.810.450.40.540.990.630.380.980.550.770.080.60.71-0.21-0.760.110.520.790.06-0.680.60.780.590.420.43
-0.010.40.120.270.070.170.440.0-0.3-0.30.08-0.40.120.36-0.19-0.25-0.360.07-0.02-0.250.240.04-0.240.490.42
0.570.220.190.290.560.130.130.590.450.840.6-0.40.34-0.61-0.310.610.690.55-0.2-0.150.360.510.44-0.170.23
0.920.750.470.860.740.650.710.70.670.580.710.120.340.13-0.24-0.240.240.930.13-0.390.880.950.830.610.73
0.00.240.340.32-0.190.380.28-0.290.08-0.32-0.210.36-0.610.130.29-0.46-0.820.040.220.340.230.070.020.680.18
-0.27-0.12-0.02-0.11-0.76-0.18-0.09-0.77-0.22-0.33-0.76-0.19-0.31-0.240.29-0.05-0.37-0.26-0.030.7-0.17-0.26-0.23-0.06-0.18
0.02-0.25-0.01-0.170.06-0.15-0.310.090.120.480.11-0.250.61-0.24-0.46-0.050.240.02-0.470.25-0.15-0.04-0.15-0.3-0.2
0.410.1-0.10.030.490.040.050.580.20.520.52-0.360.690.24-0.82-0.370.240.350.08-0.620.140.340.35-0.40.11
0.990.740.590.860.790.730.680.770.710.790.790.070.550.930.04-0.260.020.350.08-0.360.890.990.780.560.68
0.090.140.180.050.070.40.160.07-0.15-0.160.06-0.02-0.20.130.22-0.03-0.470.080.08-0.380.060.09-0.030.110.04
-0.4-0.20.03-0.11-0.7-0.36-0.18-0.72-0.08-0.21-0.68-0.25-0.15-0.390.340.70.25-0.62-0.36-0.38-0.19-0.37-0.24-0.11-0.21
0.850.950.630.990.580.610.920.550.60.540.60.240.360.880.23-0.17-0.150.140.890.06-0.190.890.740.560.91
0.990.730.560.860.790.720.680.770.740.750.780.040.510.950.07-0.26-0.040.340.990.09-0.370.890.820.560.69
0.790.590.20.710.630.360.550.640.880.590.59-0.240.440.830.02-0.23-0.150.350.78-0.03-0.240.740.820.270.6
0.550.470.610.610.410.780.460.30.250.240.420.49-0.170.610.68-0.06-0.3-0.40.560.11-0.110.560.560.270.39
0.620.980.380.910.410.360.980.380.40.280.430.420.230.730.18-0.18-0.20.110.680.04-0.210.910.690.60.39
Click cells to compare fundamentals

Navneet Education Account Relationship Matchups

Navneet Education fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.9B11.8B13.2B16.6B17.5B9.2B
Short Long Term Debt Total2.8B741.4M1.4B2.9B2.6B1.6B
Other Current Liab858.8M904.4M834M960M908M579.7M
Total Current Liabilities3.9B2.2B2.9B4.6B4.0B2.5B
Total Stockholder Equity8.6B9.3B10.0B11.5B12.9B13.6B
Property Plant And Equipment Net2.2B2.2B2.0B1.9B2.3B1.6B
Net Debt2.7B533.5M1.1B2.6B2.4B1.5B
Retained Earnings8.1B8.6B9.4B10.5B12.4B13.0B
Accounts Payable462.8M783.7M687.5M644.8M523.5M405.6M
Cash61.3M207.9M245.9M275.1M213.3M107.6M
Non Current Assets Total4.3B4.6B5.1B6.0B6.4B6.7B
Non Currrent Assets Other321.1M100K1.1M244.2M726.4M762.7M
Cash And Short Term Investments61.3M207.9M245.9M502.2M215.6M159.9M
Net Receivables3.0B1.8B2.8B3.3B3.7B2.2B
Short Term Investments(321M)235.4M121.7M227.1M2.3M2.2M
Liabilities And Stockholders Equity12.9B11.8B13.2B16.6B17.5B9.2B
Non Current Liabilities Total351M254.9M303.1M417.1M485.2M301.9M
Inventory4.7B4.2B4.7B6.2B6.4B3.6B
Other Current Assets3.8B1.0B601.5M734M775.6M839.4M
Other Stockholder Equity(8.8B)206.1M(1.0)100K(12.4B)(11.8B)
Total Liab4.3B2.5B3.2B5.1B4.5B2.9B
Total Current Assets8.6B7.2B8.1B10.5B11.1B6.2B
Accumulated Other Comprehensive Income(2.8B)206.1M178.2M567.3M70.1M73.6M
Intangible Assets320.8M232M252.5M370.5M319.7M174.4M
Short Term Debt2.5B521.7M1.2B2.9B2.5B1.9B
Current Deferred Revenue(2.4B)936.5M962.6M939.1M102.7M97.6M
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 Debt2.4B432.7M1.1B2.8B2.5B2.1B
Property Plant Equipment2.2B2.2B2.0B1.9B2.1B2.0B
Long Term Debt Total341.1M219.7M119M3.8M4.4M4.2M
Net Invested Capital11.0B9.7B11.2B14.3B15.4B13.0B
Net Working Capital4.7B5.0B5.3B5.9B7.0B5.7B

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 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.