PARADEEP | | | 108.07 4.23 3.77% |
Paradeep Phosphates financial indicator trend analysis is much more than just breaking down Paradeep Phosphates prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paradeep Phosphates is a good investment. Please check the relationship between Paradeep Phosphates Gross Profit and its Ebit accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paradeep Phosphates 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 unemployment.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Paradeep Phosphates Gross Profit account and
Ebit. At this time, the significance of the direction appears to have no relationship.
The correlation between Paradeep Phosphates' Gross Profit and Ebit is 0.02. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Paradeep Phosphates Limited, assuming nothing else is changed. The correlation between historical values of Paradeep Phosphates' Gross Profit and Ebit 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 Paradeep Phosphates Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Paradeep Phosphates' Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Paradeep Phosphates Limited minus its cost of goods sold. It is profit before Paradeep Phosphates 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.
Ebit
Most indicators from Paradeep Phosphates' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paradeep Phosphates 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paradeep Phosphates 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 unemployment.
The current year's
Tax Provision is expected to grow to about 766.4
M, whereas
Selling General Administrative is forecasted to decline to about 347.9
M.
Paradeep Phosphates fundamental ratios Correlations
Click cells to compare fundamentals
Paradeep Phosphates Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Paradeep Phosphates fundamental ratios Accounts
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Other Information on Investing in Paradeep Stock
Balance Sheet is a snapshot of the
financial position of Paradeep Phosphates at a specified time, usually calculated after every quarter, six months, or one year. Paradeep Phosphates Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Paradeep Phosphates 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 Paradeep currently owns. An asset can also be divided into two categories, current and non-current.