SURYAROSNI | | | 281.65 4.00 1.44% |
Surya Roshni financial indicator trend analysis is much more than just breaking down Surya Roshni Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Surya Roshni Limited is a good investment. Please check the relationship between Surya Roshni Cost Of Revenue and its Operating Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Surya Roshni 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 nation.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Surya Roshni Limited Cost Of Revenue account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Surya Roshni's Cost Of Revenue and Operating Income is 0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Surya Roshni Limited, assuming nothing else is changed. The correlation between historical values of Surya Roshni's Cost Of Revenue 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 Cost Of Revenue of Surya Roshni Limited 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 Cost Of Revenue i.e., Surya Roshni's Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Surya Roshni Limited income statement and represents the costs associated with goods and services Surya Roshni provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Operating Income
Operating Income is the amount of profit realized from Surya Roshni Limited 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 Surya Roshni Limited 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 Surya Roshni's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Surya Roshni Limited 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Surya Roshni 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 nation.
At this time, Surya Roshni's
Selling General Administrative is very stable compared to the past year. As of the 5th of January 2025,
Issuance Of Capital Stock is likely to grow to about 211.9
M, while
Tax Provision is likely to drop about 680.3
M.
Surya Roshni fundamental ratios Correlations
Click cells to compare fundamentals
Surya Roshni Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Surya Roshni fundamental ratios Accounts
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Other Information on Investing in Surya Stock
Balance Sheet is a snapshot of the
financial position of Surya Roshni Limited at a specified time, usually calculated after every quarter, six months, or one year. Surya Roshni Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Surya Roshni 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 Surya currently owns. An asset can also be divided into two categories, current and non-current.