Naga Gross Profit vs Reconciled Depreciation Analysis

NDGL Stock   4,740  245.00  4.91%   
Naga Dhunseri financial indicator trend analysis is infinitely more than just investigating Naga Dhunseri Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naga Dhunseri Group is a good investment. Please check the relationship between Naga Dhunseri Gross Profit and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naga Dhunseri Group. 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.

Gross Profit vs Reconciled Depreciation

Gross Profit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Naga Dhunseri Group Gross Profit account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Naga Dhunseri's Gross Profit and Reconciled Depreciation is 0.18. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Naga Dhunseri Group, assuming nothing else is changed. The correlation between historical values of Naga Dhunseri's Gross Profit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Naga Dhunseri Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Gross Profit i.e., Naga Dhunseri's Gross Profit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Naga Dhunseri Group minus its cost of goods sold. It is profit before Naga Dhunseri operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Reconciled Depreciation

Most indicators from Naga Dhunseri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naga Dhunseri Group 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 Naga Dhunseri Group. 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.
Selling General Administrative is likely to gain to about 997 K in 2024. Tax Provision is likely to gain to about 30.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit42.3M19.1M281.4M295.5M
Total Revenue49.4M28.6M290.9M162.9M

Naga Dhunseri fundamental ratios Correlations

0.89-0.64-0.711.00.9-0.20.930.41.00.110.83-0.18-0.690.95-0.45-0.06-0.880.90.76-0.690.830.530.72-0.690.9
0.89-0.6-0.630.890.89-0.180.750.560.88-0.180.82-0.48-0.60.86-0.550.1-0.680.830.73-0.60.810.410.63-0.60.9
-0.64-0.60.98-0.64-0.67-0.03-0.5-0.22-0.66-0.28-0.470.110.31-0.580.650.40.58-0.42-0.290.31-0.47-0.17-0.330.31-0.73
-0.71-0.630.98-0.71-0.71-0.02-0.58-0.22-0.73-0.31-0.510.110.35-0.650.590.360.67-0.49-0.350.35-0.52-0.18-0.370.35-0.76
1.00.89-0.64-0.710.9-0.190.930.41.00.120.82-0.18-0.680.94-0.45-0.06-0.880.90.76-0.680.830.530.71-0.680.9
0.90.89-0.67-0.710.9-0.40.80.530.890.010.92-0.25-0.80.95-0.62-0.17-0.690.910.81-0.80.920.340.84-0.80.9
-0.2-0.18-0.03-0.02-0.19-0.4-0.24-0.76-0.16-0.18-0.53-0.110.58-0.360.0-0.030.15-0.43-0.580.58-0.48-0.09-0.620.58-0.18
0.930.75-0.5-0.580.930.8-0.240.30.930.210.73-0.04-0.720.93-0.260.02-0.930.920.71-0.720.740.450.76-0.720.71
0.40.56-0.22-0.220.40.53-0.760.30.38-0.060.57-0.3-0.390.43-0.220.2-0.270.440.56-0.390.510.210.41-0.390.5
1.00.88-0.66-0.731.00.89-0.160.930.380.110.8-0.18-0.660.93-0.46-0.08-0.890.880.72-0.660.80.520.69-0.660.91
0.11-0.18-0.28-0.310.120.01-0.180.21-0.060.110.020.77-0.090.080.33-0.05-0.470.020.1-0.090.030.190.12-0.09-0.08
0.830.82-0.47-0.510.820.92-0.530.730.570.80.02-0.15-0.850.91-0.45-0.02-0.630.910.96-0.851.00.380.89-0.850.78
-0.18-0.480.110.11-0.18-0.25-0.11-0.04-0.3-0.180.77-0.150.02-0.170.29-0.17-0.15-0.16-0.090.02-0.130.030.00.02-0.32
-0.69-0.60.310.35-0.68-0.80.58-0.72-0.39-0.66-0.09-0.850.02-0.840.30.10.56-0.87-0.831.0-0.85-0.18-0.951.0-0.55
0.950.86-0.58-0.650.940.95-0.360.930.430.930.080.91-0.17-0.84-0.46-0.05-0.820.980.84-0.840.910.40.88-0.840.83
-0.45-0.550.650.59-0.45-0.620.0-0.26-0.22-0.460.33-0.450.290.3-0.460.60.16-0.37-0.180.3-0.450.08-0.320.3-0.72
-0.060.10.40.36-0.06-0.17-0.030.020.2-0.08-0.05-0.02-0.170.1-0.050.6-0.050.030.170.1-0.040.11-0.110.1-0.24
-0.88-0.680.580.67-0.88-0.690.15-0.93-0.27-0.89-0.47-0.63-0.150.56-0.820.16-0.05-0.77-0.630.56-0.64-0.5-0.60.56-0.66
0.90.83-0.42-0.490.90.91-0.430.920.440.880.020.91-0.16-0.870.98-0.370.03-0.770.88-0.870.910.410.92-0.870.75
0.760.73-0.29-0.350.760.81-0.580.710.560.720.10.96-0.09-0.830.84-0.180.17-0.630.88-0.830.960.440.88-0.830.63
-0.69-0.60.310.35-0.68-0.80.58-0.72-0.39-0.66-0.09-0.850.021.0-0.840.30.10.56-0.87-0.83-0.85-0.18-0.951.0-0.55
0.830.81-0.47-0.520.830.92-0.480.740.510.80.031.0-0.13-0.850.91-0.45-0.04-0.640.910.96-0.850.380.9-0.850.77
0.530.41-0.17-0.180.530.34-0.090.450.210.520.190.380.03-0.180.40.080.11-0.50.410.44-0.180.380.29-0.180.41
0.720.63-0.33-0.370.710.84-0.620.760.410.690.120.890.0-0.950.88-0.32-0.11-0.60.920.88-0.950.90.29-0.950.58
-0.69-0.60.310.35-0.68-0.80.58-0.72-0.39-0.66-0.09-0.850.021.0-0.840.30.10.56-0.87-0.831.0-0.85-0.18-0.95-0.55
0.90.9-0.73-0.760.90.9-0.180.710.50.91-0.080.78-0.32-0.550.83-0.72-0.24-0.660.750.63-0.550.770.410.58-0.55
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Naga Dhunseri Account Relationship Matchups

Naga Dhunseri fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.7B5.0B6.5B7.2B8.8B9.3B
Short Long Term Debt Total42.4M44.0M44.2M44.5M58.3M61.2M
Other Current Liab2.2M1.4M1.6M1.5M3.0M2.9M
Total Current Liabilities3.2M7.0M2.7M1.6M3.0M2.9M
Total Stockholder Equity3.7B4.9B6.4B7.1B8.7B9.1B
Property Plant And Equipment Net51.7M51.2M49.4M49.6M102.1M107.3M
Net Debt(46.9M)38.2M17.8M39.9M(45.4M)(43.1M)
Cash89.3M5.7M26.1M4.6M45.4M47.6M
Non Current Assets Total3.5B4.7B6.1B7.2B8.1B8.5B
Non Currrent Assets Other264.5M425.0M(217.2M)117.9M778.7M404.6M
Cash And Short Term Investments249.2M315.5M365.7M5.3M747.8M785.2M
Net Receivables671K13.3M5.1M2.8M16.9M12.3M
Liabilities And Stockholders Equity3.7B5.0B6.5B7.2B8.8B9.3B
Non Current Liabilities Total42.6M54.3M90.6M97.8M185.8M195.1M
Inventory(671K)(12.4M)(294K)1.1M970.2K921.7K
Other Current Assets3.4M1.7M3.3M1.4M2.8M2.6M
Other Stockholder Equity(229.6M)(626.7M)(1.4B)(2.1B)(2.5B)(2.4B)
Total Liab49.7M57.0M92.2M97.8M188.9M198.3M
Total Current Assets251.0M317.7M371.9M10.6M750.6M788.1M
Accumulated Other Comprehensive Income(2.2M)4.3B5.0B5.0B6.1B6.5B
Short Term Investments159.9M309.7M339.6M719K702.4M737.6M
Other Assets146K14.7M0.0719K8.8B9.3B
Long Term Debt Total42.4M44.0M44.2M44.5M51.2M53.8M
Property Plant Equipment51.7M51.2M49.4M49.6M57.1M30.4M
Net Invested Capital3.7B4.9B6.4B7.1B8.7B5.7B
Cash And Equivalents1.1M971K867K719K647.1K871.5K
Net Working Capital243.9M5.4M370.3M59.8M53.8M51.1M

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