Navneet Ebit vs Operating Income 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 Ebit and its Operating Income 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navneet Education Ebit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Navneet Education's Ebit and Operating Income is 0.78. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income 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 Ebit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Navneet Education Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Navneet Education's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Ebit

Operating Income

Operating Income is the amount of profit realized from Navneet Education operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Navneet Education Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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)
EBITDA	2.6B	3.8B	3.8B	2.2B
EBIT	2.1B	3.2B	3.1B	1.9B

Ebitda Ebit

Navneet Education fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Term Debt
Total Assets		0.67	0.56	0.81	0.82	0.75	0.61	0.8	0.72	0.81	0.81	-0.01	0.57	0.92	0.0	-0.27	0.02	0.41	0.99	0.09	-0.4	0.85	0.99	0.79	0.55	0.62
Short Long Term Debt Total	0.67		0.51	0.94	0.41	0.49	0.99	0.39	0.4	0.33	0.45	0.4	0.22	0.75	0.24	-0.12	-0.25	0.1	0.74	0.14	-0.2	0.95	0.73	0.59	0.47	0.98
Other Current Liab	0.56	0.51		0.64	0.35	0.74	0.47	0.3	0.16	0.45	0.4	0.12	0.19	0.47	0.34	-0.02	-0.01	-0.1	0.59	0.18	0.03	0.63	0.56	0.2	0.61	0.38
Total Current Liabilities	0.81	0.94	0.64		0.52	0.61	0.92	0.48	0.58	0.49	0.54	0.27	0.29	0.86	0.32	-0.11	-0.17	0.03	0.86	0.05	-0.11	0.99	0.86	0.71	0.61	0.91
Total Stockholder Equity	0.82	0.41	0.35	0.52		0.61	0.34	0.99	0.6	0.74	0.99	0.07	0.56	0.74	-0.19	-0.76	0.06	0.49	0.79	0.07	-0.7	0.58	0.79	0.63	0.41	0.41
Property Plant And Equipment Net	0.75	0.49	0.74	0.61	0.61		0.44	0.56	0.37	0.53	0.63	0.17	0.13	0.65	0.38	-0.18	-0.15	0.04	0.73	0.4	-0.36	0.61	0.72	0.36	0.78	0.36
Net Debt	0.61	0.99	0.47	0.92	0.34	0.44		0.32	0.34	0.23	0.38	0.44	0.13	0.71	0.28	-0.09	-0.31	0.05	0.68	0.16	-0.18	0.92	0.68	0.55	0.46	0.98
Retained Earnings	0.8	0.39	0.3	0.48	0.99	0.56	0.32		0.61	0.76	0.98	0.0	0.59	0.7	-0.29	-0.77	0.09	0.58	0.77	0.07	-0.72	0.55	0.77	0.64	0.3	0.38
Accounts Payable	0.72	0.4	0.16	0.58	0.6	0.37	0.34	0.61		0.68	0.55	-0.3	0.45	0.67	0.08	-0.22	0.12	0.2	0.71	-0.15	-0.08	0.6	0.74	0.88	0.25	0.4
Cash	0.81	0.33	0.45	0.49	0.74	0.53	0.23	0.76	0.68		0.77	-0.3	0.84	0.58	-0.32	-0.33	0.48	0.52	0.79	-0.16	-0.21	0.54	0.75	0.59	0.24	0.28
Non Current Assets Total	0.81	0.45	0.4	0.54	0.99	0.63	0.38	0.98	0.55	0.77		0.08	0.6	0.71	-0.21	-0.76	0.11	0.52	0.79	0.06	-0.68	0.6	0.78	0.59	0.42	0.43
Non Currrent Assets Other	-0.01	0.4	0.12	0.27	0.07	0.17	0.44	0.0	-0.3	-0.3	0.08		-0.4	0.12	0.36	-0.19	-0.25	-0.36	0.07	-0.02	-0.25	0.24	0.04	-0.24	0.49	0.42
Cash And Short Term Investments	0.57	0.22	0.19	0.29	0.56	0.13	0.13	0.59	0.45	0.84	0.6	-0.4		0.34	-0.61	-0.31	0.61	0.69	0.55	-0.2	-0.15	0.36	0.51	0.44	-0.17	0.23
Net Receivables	0.92	0.75	0.47	0.86	0.74	0.65	0.71	0.7	0.67	0.58	0.71	0.12	0.34		0.13	-0.24	-0.24	0.24	0.93	0.13	-0.39	0.88	0.95	0.83	0.61	0.73
Good Will	0.0	0.24	0.34	0.32	-0.19	0.38	0.28	-0.29	0.08	-0.32	-0.21	0.36	-0.61	0.13		0.29	-0.46	-0.82	0.04	0.22	0.34	0.23	0.07	0.02	0.68	0.18
Common Stock Shares Outstanding	-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	-0.24	0.29		-0.05	-0.37	-0.26	-0.03	0.7	-0.17	-0.26	-0.23	-0.06	-0.18
Short Term Investments	0.02	-0.25	-0.01	-0.17	0.06	-0.15	-0.31	0.09	0.12	0.48	0.11	-0.25	0.61	-0.24	-0.46	-0.05		0.24	0.02	-0.47	0.25	-0.15	-0.04	-0.15	-0.3	-0.2
Non Current Liabilities Total	0.41	0.1	-0.1	0.03	0.49	0.04	0.05	0.58	0.2	0.52	0.52	-0.36	0.69	0.24	-0.82	-0.37	0.24		0.35	0.08	-0.62	0.14	0.34	0.35	-0.4	0.11
Inventory	0.99	0.74	0.59	0.86	0.79	0.73	0.68	0.77	0.71	0.79	0.79	0.07	0.55	0.93	0.04	-0.26	0.02	0.35		0.08	-0.36	0.89	0.99	0.78	0.56	0.68
Other Current Assets	0.09	0.14	0.18	0.05	0.07	0.4	0.16	0.07	-0.15	-0.16	0.06	-0.02	-0.2	0.13	0.22	-0.03	-0.47	0.08	0.08		-0.38	0.06	0.09	-0.03	0.11	0.04
Other Stockholder Equity	-0.4	-0.2	0.03	-0.11	-0.7	-0.36	-0.18	-0.72	-0.08	-0.21	-0.68	-0.25	-0.15	-0.39	0.34	0.7	0.25	-0.62	-0.36	-0.38		-0.19	-0.37	-0.24	-0.11	-0.21
Total Liab	0.85	0.95	0.63	0.99	0.58	0.61	0.92	0.55	0.6	0.54	0.6	0.24	0.36	0.88	0.23	-0.17	-0.15	0.14	0.89	0.06	-0.19		0.89	0.74	0.56	0.91
Total Current Assets	0.99	0.73	0.56	0.86	0.79	0.72	0.68	0.77	0.74	0.75	0.78	0.04	0.51	0.95	0.07	-0.26	-0.04	0.34	0.99	0.09	-0.37	0.89		0.82	0.56	0.69
Intangible Assets	0.79	0.59	0.2	0.71	0.63	0.36	0.55	0.64	0.88	0.59	0.59	-0.24	0.44	0.83	0.02	-0.23	-0.15	0.35	0.78	-0.03	-0.24	0.74	0.82		0.27	0.6
Common Stock	0.55	0.47	0.61	0.61	0.41	0.78	0.46	0.3	0.25	0.24	0.42	0.49	-0.17	0.61	0.68	-0.06	-0.3	-0.4	0.56	0.11	-0.11	0.56	0.56	0.27		0.39
Short Term Debt	0.62	0.98	0.38	0.91	0.41	0.36	0.98	0.38	0.4	0.28	0.43	0.42	0.23	0.73	0.18	-0.18	-0.2	0.11	0.68	0.04	-0.21	0.91	0.69	0.6	0.39

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Navneet Education Account Relationship Matchups

Navneet Education fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.9B	11.8B	13.2B	16.6B	17.5B	9.2B
Short Long Term Debt Total	2.8B	741.4M	1.4B	2.9B	2.6B	1.6B
Other Current Liab	858.8M	904.4M	834M	960M	908M	579.7M
Total Current Liabilities	3.9B	2.2B	2.9B	4.6B	4.0B	2.5B
Total Stockholder Equity	8.6B	9.3B	10.0B	11.5B	12.9B	13.6B
Property Plant And Equipment Net	2.2B	2.2B	2.0B	1.9B	2.3B	1.6B
Net Debt	2.7B	533.5M	1.1B	2.6B	2.4B	1.5B
Retained Earnings	8.1B	8.6B	9.4B	10.5B	12.4B	13.0B
Accounts Payable	462.8M	783.7M	687.5M	644.8M	523.5M	405.6M
Cash	61.3M	207.9M	245.9M	275.1M	213.3M	107.6M
Non Current Assets Total	4.3B	4.6B	5.1B	6.0B	6.4B	6.7B
Non Currrent Assets Other	321.1M	100K	1.1M	244.2M	726.4M	762.7M
Cash And Short Term Investments	61.3M	207.9M	245.9M	502.2M	215.6M	159.9M
Net Receivables	3.0B	1.8B	2.8B	3.3B	3.7B	2.2B
Short Term Investments	(321M)	235.4M	121.7M	227.1M	2.3M	2.2M
Liabilities And Stockholders Equity	12.9B	11.8B	13.2B	16.6B	17.5B	9.2B
Non Current Liabilities Total	351M	254.9M	303.1M	417.1M	485.2M	301.9M
Inventory	4.7B	4.2B	4.7B	6.2B	6.4B	3.6B
Other Current Assets	3.8B	1.0B	601.5M	734M	775.6M	839.4M
Other Stockholder Equity	(8.8B)	206.1M	(1.0)	100K	(12.4B)	(11.8B)
Total Liab	4.3B	2.5B	3.2B	5.1B	4.5B	2.9B
Total Current Assets	8.6B	7.2B	8.1B	10.5B	11.1B	6.2B
Accumulated Other Comprehensive Income	(2.8B)	206.1M	178.2M	567.3M	70.1M	73.6M
Intangible Assets	320.8M	232M	252.5M	370.5M	319.7M	174.4M
Short Term Debt	2.5B	521.7M	1.2B	2.9B	2.5B	1.9B
Current Deferred Revenue	(2.4B)	936.5M	962.6M	939.1M	102.7M	97.6M
Other Assets	418M	312.7M	348.3M	1.5M	1.7M	1.6M
Other Liab	8.1M	9.9M	35.2M	184.1M	165.7M	174.0M
Net Tangible Assets	7.9B	8.6B	9.5B	10.9B	12.5B	8.0B
Short Long Term Debt	2.4B	432.7M	1.1B	2.8B	2.5B	2.1B
Property Plant Equipment	2.2B	2.2B	2.0B	1.9B	2.1B	2.0B
Long Term Debt Total	341.1M	219.7M	119M	3.8M	4.4M	4.2M
Net Invested Capital	11.0B	9.7B	11.2B	14.3B	15.4B	13.0B
Net Working Capital	4.7B	5.0B	5.3B	5.9B	7.0B	5.7B

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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.

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Navneet Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

Navneet Education fundamental ratios Correlations

Navneet Education Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Navneet Education fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Non Current Liabilities Total	- 0.82	Good Will
Common Stock Shares Outstanding	- 0.77	Retained Earnings
Common Stock Shares Outstanding	- 0.76	Non Current Assets Total
Common Stock Shares Outstanding	- 0.76	Total Stockholder Equity
Other Stockholder Equity	- 0.72	Retained Earnings
Other Stockholder Equity	- 0.7	Total Stockholder Equity