Netweb Selling And Marketing Expenses vs Gross Profit 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 Selling And Marketing Expenses and its Gross Profit 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.

Selling And Marketing Expenses vs Gross Profit

Selling And Marketing Expenses vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netweb Technologies India Selling And Marketing Expenses account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Netweb Technologies' Selling And Marketing Expenses and Gross Profit is 0.99. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit 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' Selling And Marketing Expenses and Gross Profit 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 And Marketing Expenses of Netweb Technologies India are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling And Marketing Expenses i.e., Netweb Technologies' Selling And Marketing Expenses and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling And Marketing Expenses

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Netweb Technologies India minus its cost of goods sold. It is profit before Netweb Technologies 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.
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.