Netweb Income Tax Expense vs Cost Of Revenue Analysis

NETWEB Stock   2,830  88.15  3.21%   
Netweb Technologies financial indicator trend analysis is infinitely more than just investigating Netweb Technologies India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netweb Technologies India is a good investment. Please check the relationship between Netweb Technologies Income Tax Expense and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netweb Technologies India. 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.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netweb Technologies India Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Netweb Technologies' Income Tax Expense and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Netweb Technologies India, assuming nothing else is changed. The correlation between historical values of Netweb Technologies' Income Tax Expense and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Netweb Technologies India are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Tax Expense i.e., Netweb Technologies' Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Netweb Technologies India income statement and represents the costs associated with goods and services Netweb Technologies 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.
Most indicators from Netweb Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netweb Technologies India 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 Netweb Technologies India. 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 616.9 M
 2022 2023 2024 2025 (projected)
Interest Expense40.7M62.1M71.4M39.9M
Depreciation And Amortization36.6M62.5M71.9M75.5M

Netweb Technologies fundamental ratios Correlations

-0.30.730.870.991.0-0.861.00.880.961.00.98-0.780.960.870.860.631.00.980.970.851.0-0.070.870.93-0.78
-0.30.370.08-0.4-0.310.72-0.260.02-0.56-0.31-0.490.39-0.560.040.070.52-0.25-0.46-0.490.17-0.260.97-0.16-0.220.39
0.730.370.920.660.74-0.330.770.90.510.740.57-0.40.510.910.810.870.760.60.560.940.750.580.820.81-0.4
0.870.080.920.830.87-0.610.891.00.730.870.77-0.450.731.00.860.790.890.790.770.990.880.30.950.95-0.45
0.99-0.40.660.830.99-0.910.980.840.980.990.99-0.790.980.830.820.550.991.00.990.80.99-0.170.850.91-0.79
1.0-0.310.740.870.99-0.861.00.880.951.00.97-0.780.950.880.840.60.990.980.970.850.99-0.080.890.94-0.78
-0.860.72-0.33-0.61-0.91-0.86-0.84-0.64-0.96-0.86-0.940.67-0.96-0.62-0.54-0.18-0.83-0.93-0.94-0.54-0.840.55-0.72-0.780.67
1.0-0.260.770.890.981.0-0.840.90.941.00.96-0.760.940.890.860.641.00.970.960.871.0-0.020.890.94-0.76
0.880.020.91.00.840.88-0.640.90.750.880.78-0.450.751.00.840.750.890.810.780.980.890.240.970.96-0.45
0.96-0.560.510.730.980.95-0.960.940.750.961.0-0.81.00.730.730.390.940.991.00.680.95-0.350.790.86-0.8
1.0-0.310.740.870.991.0-0.861.00.880.960.97-0.780.960.870.850.60.990.980.970.851.0-0.080.880.94-0.78
0.98-0.490.570.770.990.97-0.940.960.781.00.97-0.811.00.770.790.480.971.01.00.740.97-0.270.80.87-0.81
-0.780.39-0.4-0.45-0.79-0.780.67-0.76-0.45-0.8-0.78-0.81-0.8-0.45-0.73-0.39-0.77-0.8-0.79-0.45-0.770.21-0.46-0.561.0
0.96-0.560.510.730.980.95-0.960.940.751.00.961.0-0.80.730.730.390.940.991.00.680.95-0.350.790.86-0.8
0.870.040.911.00.830.88-0.620.891.00.730.870.77-0.450.730.840.750.880.790.770.980.880.270.970.96-0.45
0.860.070.810.860.820.84-0.540.860.840.730.850.79-0.730.730.840.830.880.80.780.880.880.280.770.8-0.73
0.630.520.870.790.550.6-0.180.640.750.390.60.48-0.390.390.750.830.670.50.470.860.660.690.570.58-0.39
1.0-0.250.760.890.990.99-0.831.00.890.940.990.97-0.770.940.880.880.670.970.960.871.0-0.020.870.92-0.77
0.98-0.460.60.791.00.98-0.930.970.810.990.981.0-0.80.990.790.80.50.971.00.760.98-0.240.820.89-0.8
0.97-0.490.560.770.990.97-0.940.960.781.00.971.0-0.791.00.770.780.470.961.00.730.97-0.280.80.87-0.79
0.850.170.940.990.80.85-0.540.870.980.680.850.74-0.450.680.980.880.860.870.760.730.870.380.910.91-0.45
1.0-0.260.750.880.990.99-0.841.00.890.951.00.97-0.770.950.880.880.661.00.980.970.87-0.030.870.93-0.77
-0.070.970.580.3-0.17-0.080.55-0.020.24-0.35-0.08-0.270.21-0.350.270.280.69-0.02-0.24-0.280.38-0.030.060.010.21
0.87-0.160.820.950.850.89-0.720.890.970.790.880.8-0.460.790.970.770.570.870.820.80.910.870.060.99-0.46
0.93-0.220.810.950.910.94-0.780.940.960.860.940.87-0.560.860.960.80.580.920.890.870.910.930.010.99-0.56
-0.780.39-0.4-0.45-0.79-0.780.67-0.76-0.45-0.8-0.78-0.811.0-0.8-0.45-0.73-0.39-0.77-0.8-0.79-0.45-0.770.21-0.46-0.56
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Netweb Technologies Account Relationship Matchups

Netweb Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.5B2.7B6.1B7.0B7.4B
Short Long Term Debt Total305.4M344.8M356.0M95.7M86.2M81.8M
Other Current Liab140.4M152.0M317.2M197.4M227.0M188.0M
Total Current Liabilities718.7M878.3M1.6B1.8B2.1B1.1B
Total Stockholder Equity218.2M443.7M936.7M4.2B4.9B5.1B
Property Plant And Equipment Net65.9M101.6M236.5M429.2M493.6M518.3M
Net Debt285.1M324.6M285.1M(801.0M)(720.9M)(684.9M)
Retained Earnings153.6M379.1M811.6M1.5B1.8B1.8B
Accounts Payable425.9M532.9M1.0B1.3B1.5B752.1M
Cash20.2M20.3M70.9M896.8M1.0B1.1B
Non Current Assets Total97.4M138.1M277.9M524.2M602.9M633.0M
Non Currrent Assets Other18.3M18.4M19.7M76.8M88.3M92.8M
Cash And Short Term Investments20.2M20.3M70.9M896.8M1.0B1.1B
Net Receivables568.0M784.7M1.6B1.8B2.1B1.1B
Liabilities And Stockholders Equity1.1B1.5B2.7B6.1B7.0B7.4B
Non Current Liabilities Total165.1M164.1M149.7M107.5M123.6M129.6M
Inventory292.2M383.2M540.7M1.1B1.3B1.4B
Other Current Assets124.2M159.8M246.1M1.7B2.0B2.1B
Total Liab883.8M1.0B1.7B1.9B2.2B1.2B
Total Current Assets1.0B1.3B2.4B5.6B6.4B6.8B
Short Term Debt152.4M193.3M222.3M23.0M26.5M25.2M

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Other Information on Investing in Netweb Stock

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