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 Interest Expense and its Operating Income 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.
Interest Expense vs Operating Income
Interest Expense vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Netweb Technologies India Interest Expense account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Netweb Technologies' Interest Expense and Operating Income is 0.88. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income 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' Interest Expense 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 Interest Expense of Netweb Technologies India 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 Interest Expense i.e., Netweb Technologies' Interest Expense and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Operating Income
Operating Income is the amount of profit realized from Netweb Technologies India 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 Netweb Technologies India 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 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
MNetweb Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Netweb Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Netweb Technologies fundamental ratios Accounts
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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.