PUNJABCHEM | | | 1,071 52.95 4.71% |
Punjab Chemicals financial indicator trend analysis is much more than just breaking down Punjab Chemicals Crop prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Punjab Chemicals Crop is a good investment. Please check the relationship between Punjab Chemicals Depreciation And Amortization and its Net Income From Continuing Ops accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Punjab Chemicals Crop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Depreciation And Amortization vs Net Income From Continuing Ops
Depreciation And Amortization vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Punjab Chemicals Crop Depreciation And Amortization account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Punjab Chemicals' Depreciation And Amortization and Net Income From Continuing Ops is 0.41. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Punjab Chemicals Crop, assuming nothing else is changed. The correlation between historical values of Punjab Chemicals' Depreciation And Amortization and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Punjab Chemicals Crop are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Depreciation And Amortization i.e., Punjab Chemicals' Depreciation And Amortization and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Net Income From Continuing Ops
Most indicators from Punjab Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Punjab Chemicals Crop 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 Punjab Chemicals Crop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of December 22, 2024,
Selling General Administrative is expected to decline to about 106.6
M. In addition to that,
Tax Provision is expected to decline to about 155.2
M | 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 92.2M | 180.3M | 208.4M | 242.0M | Depreciation And Amortization | 166.7M | 190.1M | 221.6M | 160.0M |
Punjab Chemicals fundamental ratios Correlations
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Punjab Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Punjab Chemicals fundamental ratios Accounts
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Other Information on Investing in Punjab Stock
Balance Sheet is a snapshot of the
financial position of Punjab Chemicals Crop at a specified time, usually calculated after every quarter, six months, or one year. Punjab Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Punjab Chemicals 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 Punjab currently owns. An asset can also be divided into two categories, current and non-current.