Paradeep Interest Expense vs Net Income Analysis

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 Interest Expense and its Net Income 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.

Interest Expense vs Net Income

Interest Expense vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paradeep Phosphates Interest Expense account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Paradeep Phosphates' Interest Expense and Net Income is -0.05. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income 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' Interest Expense and Net 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 Paradeep Phosphates Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Expense i.e., Paradeep Phosphates' Interest Expense and Net Income go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Paradeep Phosphates financial statement analysis. It represents the amount of money remaining after all of Paradeep Phosphates Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
 2021 2022 2023 2024 (projected)
Total Revenue78.6B133.4B56.4B59.9B
Depreciation And Amortization904.6M1.8B2.1B2.2B

Paradeep Phosphates fundamental ratios Correlations

0.720.20.970.970.910.680.960.870.310.910.05-0.550.480.360.70.820.910.830.450.990.920.620.440.860.54
0.72-0.40.710.680.390.990.560.460.110.40.16-0.030.120.730.50.610.610.630.270.720.920.98-0.030.760.39
0.2-0.40.250.160.47-0.40.260.170.00.470.06-0.360.21-0.230.24-0.040.10.20.330.22-0.1-0.410.760.010.1
0.970.710.250.90.860.660.90.850.360.860.05-0.560.540.380.670.70.910.80.360.990.930.640.40.750.51
0.970.680.160.90.920.660.950.830.20.92-0.01-0.510.360.360.720.860.860.80.520.930.860.570.490.920.48
0.910.390.470.860.920.350.960.880.291.0-0.01-0.70.50.060.670.80.850.750.50.880.670.250.60.740.49
0.680.99-0.40.660.660.350.510.37-0.050.360.130.04-0.010.80.530.560.530.570.330.670.870.980.00.780.3
0.960.560.260.90.950.960.510.920.320.96-0.05-0.660.510.190.660.840.890.730.480.930.80.430.430.790.48
0.870.460.170.850.830.880.370.920.580.87-0.08-0.770.75-0.050.490.80.960.670.190.880.730.320.230.580.51
0.310.110.00.360.20.29-0.050.320.580.270.15-0.460.86-0.45-0.210.310.530.36-0.40.370.30.04-0.22-0.070.64
0.910.40.470.860.921.00.360.960.870.270.0-0.670.490.070.670.810.840.750.520.880.680.260.610.750.5
0.050.160.060.05-0.01-0.010.13-0.05-0.080.150.00.370.130.07-0.190.21-0.050.160.30.080.080.12-0.030.120.47
-0.55-0.03-0.36-0.56-0.51-0.70.04-0.66-0.77-0.46-0.670.37-0.540.38-0.56-0.4-0.75-0.440.08-0.56-0.340.06-0.2-0.19-0.09
0.480.120.210.540.360.5-0.010.510.750.860.490.13-0.54-0.35-0.090.420.660.34-0.230.540.390.03-0.020.050.62
0.360.73-0.230.380.360.060.80.19-0.05-0.450.070.070.38-0.350.390.10.080.210.440.350.580.810.140.58-0.05
0.70.50.240.670.720.670.530.660.49-0.210.67-0.19-0.56-0.090.390.460.620.570.410.660.610.460.480.69-0.08
0.820.61-0.040.70.860.80.560.840.80.310.810.21-0.40.420.10.460.780.750.470.780.70.420.250.810.66
0.910.610.10.910.860.850.530.890.960.530.84-0.05-0.750.660.080.620.780.770.130.920.840.490.230.650.49
0.830.630.20.80.80.750.570.730.670.360.750.16-0.440.340.210.570.750.770.340.830.770.530.440.740.64
0.450.270.330.360.520.50.330.480.19-0.40.520.30.08-0.230.440.410.470.130.340.390.310.20.580.70.18
0.990.720.220.990.930.880.670.930.880.370.880.08-0.560.540.350.660.780.920.830.390.930.630.390.80.56
0.920.92-0.10.930.860.670.870.80.730.30.680.08-0.340.390.580.610.70.840.770.310.930.860.190.810.49
0.620.98-0.410.640.570.250.980.430.320.040.260.120.060.030.810.460.420.490.530.20.630.86-0.060.670.28
0.44-0.030.760.40.490.60.00.430.23-0.220.61-0.03-0.2-0.020.140.480.250.230.440.580.390.19-0.060.490.2
0.860.760.010.750.920.740.780.790.58-0.070.750.12-0.190.050.580.690.810.650.740.70.80.810.670.490.43
0.540.390.10.510.480.490.30.480.510.640.50.47-0.090.62-0.05-0.080.660.490.640.180.560.490.280.20.43
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Paradeep Phosphates Account Relationship Matchups

Paradeep Phosphates fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.1B63.2B79.3B106.6B96.6B64.6B
Short Long Term Debt Total23.0B12.6B29.5B46.5B40.1B29.8B
Other Current Liab2.3B22.0B2.9B4.3B4.2B5.0B
Total Current Liabilities32.2B42.8B50.5B63.9B52.3B40.7B
Total Stockholder Equity16.0B17.9B22.2B35.0B35.6B19.4B
Property Plant And Equipment Net13.6B30.0B27.7B35.1B37.4B19.2B
Net Debt22.9B11.7B24.2B46.0B39.2B28.8B
Retained Earnings10.3B12.5B16.5B19.5B20.1B12.6B
Accounts Payable8.1B9.4B22.7B19.1B14.9B9.6B
Cash40.9M915.3M5.4B430.3M907.2M975.8M
Non Current Assets Total14.1B31.2B27.9B36.4B39.0B20.3B
Non Currrent Assets Other(13.7B)238.8M205.8M590M977.9M1.0B
Cash And Short Term Investments42.6M4.1B11.5B4.5B907.2M861.8M
Net Receivables21.5B15.4B9.0B36.9B27.2B23.5B
Liabilities And Stockholders Equity50.1B63.2B79.3B106.6B96.6B64.6B
Non Current Liabilities Total1.9B2.4B6.5B7.6B8.7B4.5B
Inventory10.8B11.2B23.2B22.4B18.3B12.9B
Other Current Assets3.7B6.7B8.5B10.4B11.1B6.4B
Total Liab34.1B45.2B57.0B71.5B61.0B45.2B
Total Current Assets36.1B32.0B51.3B70.2B57.6B44.3B
Short Term Debt21.4B11.4B23.6B40.2B33.2B25.9B
Intangible Assets13.6M23.9M8.6M17.8M18.5M14.9M
Short Term Investments1.8M3.2B6.1B4.0B5.3B3.1B
Current Deferred Revenue2.4B12.2B128.3M3.4B3.0B3.2B

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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.