Navneet Selling General Administrative vs Interest Expense Analysis

NAVNETEDUL   143.56  2.98  2.03%   
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 Selling General Administrative and its Interest Expense 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.

Selling General Administrative vs Interest Expense

Selling General Administrative vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navneet Education Selling General Administrative account and Interest Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Navneet Education's Selling General Administrative and Interest Expense is 0.73. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Expense 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 Selling General Administrative and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Navneet Education Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Selling General Administrative i.e., Navneet Education's Selling General Administrative and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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
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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

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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.