Surya Tax Provision vs Operating Income Analysis

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 Tax Provision 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.

Tax Provision vs Operating Income

Tax Provision 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 Tax Provision account and Operating Income. At this time, the significance of the direction appears to have strong relationship.

The correlation between Surya Roshni's Tax Provision and Operating Income is 0.78. Overlapping area represents the amount of variation of Tax Provision 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 Tax Provision 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 Tax Provision 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 Tax Provision i.e., Surya Roshni's Tax Provision and Operating Income go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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.

	2022	2023	2024	2025 (projected)
Gross Profit	17.7B	17.3B	19.9B	12.0B
Total Revenue	80.0B	78.1B	89.8B	94.3B

Gross Profit Total Revenue

Surya Roshni fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Net Receivables	Current Deferred Revenue	Other Liab
Total Assets		-0.02	0.72	0.77	0.64	0.66	-0.01	0.6	0.83	-0.06	0.73	0.22	-0.11	0.66	0.11	-0.34	0.77	0.31	-0.27	0.5	0.96	0.98	0.18	0.78	0.45	0.68
Short Long Term Debt Total	-0.02		-0.55	0.48	-0.7	0.5	1.0	-0.75	-0.2	-0.38	0.46	-0.6	-0.34	-0.61	-0.23	0.86	-0.52	0.19	0.13	0.74	-0.21	-0.12	0.95	-0.12	-0.03	-0.02
Other Current Liab	0.72	-0.55		0.4	0.9	0.22	-0.53	0.9	0.74	0.04	0.28	0.44	-0.2	0.94	0.14	-0.75	0.92	0.11	-0.22	0.1	0.79	0.77	-0.34	0.7	0.46	0.71
Total Current Liabilities	0.77	0.48	0.4		0.19	0.68	0.49	0.15	0.7	-0.41	0.71	-0.05	-0.43	0.32	0.1	0.03	0.41	0.25	-0.18	0.89	0.68	0.7	0.68	0.7	0.53	0.75
Total Stockholder Equity	0.64	-0.7	0.9	0.19		0.17	-0.7	0.99	0.58	0.37	0.23	0.61	0.15	0.91	0.22	-0.82	0.95	0.09	-0.25	-0.09	0.71	0.73	-0.55	0.56	0.22	0.49
Property Plant And Equipment Net	0.66	0.5	0.22	0.68	0.17		0.51	0.05	0.29	0.08	0.99	-0.19	-0.26	0.13	-0.32	0.35	0.28	0.44	-0.07	0.77	0.44	0.61	0.54	0.28	0.11	0.28
Net Debt	-0.01	1.0	-0.53	0.49	-0.7	0.51		-0.75	-0.18	-0.41	0.47	-0.61	-0.38	-0.6	-0.25	0.86	-0.52	0.21	0.12	0.74	-0.19	-0.11	0.96	-0.11	-0.01	-0.01
Retained Earnings	0.6	-0.75	0.9	0.15	0.99	0.05	-0.75		0.6	0.32	0.11	0.62	0.17	0.92	0.3	-0.88	0.94	0.05	-0.27	-0.16	0.7	0.68	-0.6	0.56	0.25	0.51
Accounts Payable	0.83	-0.2	0.74	0.7	0.58	0.29	-0.18	0.6		-0.25	0.35	0.3	-0.16	0.69	0.32	-0.55	0.72	0.18	-0.24	0.35	0.9	0.81	0.05	0.81	0.62	0.8
Cash	-0.06	-0.38	0.04	-0.41	0.37	0.08	-0.41	0.32	-0.25		0.09	0.3	0.53	0.07	-0.08	-0.13	0.15	-0.14	0.16	-0.32	-0.11	0.07	-0.52	-0.2	-0.65	-0.29
Non Current Assets Total	0.73	0.46	0.28	0.71	0.23	0.99	0.47	0.11	0.35	0.09		-0.11	-0.23	0.2	-0.31	0.28	0.33	0.4	-0.08	0.76	0.51	0.67	0.51	0.36	0.14	0.32
Non Currrent Assets Other	0.22	-0.6	0.44	-0.05	0.61	-0.19	-0.61	0.62	0.3	0.3	-0.11		0.28	0.43	0.01	-0.72	0.44	-0.41	0.03	-0.3	0.32	0.28	-0.52	0.48	-0.03	0.09
Cash And Short Term Investments	-0.11	-0.34	-0.2	-0.43	0.15	-0.26	-0.38	0.17	-0.16	0.53	-0.23	0.28		-0.05	0.47	-0.24	0.02	-0.22	0.14	-0.51	-0.05	-0.06	-0.45	-0.2	-0.36	-0.46
Common Stock Shares Outstanding	0.66	-0.61	0.94	0.32	0.91	0.13	-0.6	0.92	0.69	0.07	0.2	0.43	-0.05		0.22	-0.81	0.92	0.19	-0.31	0.0	0.75	0.72	-0.42	0.57	0.57	0.6
Short Term Investments	0.11	-0.23	0.14	0.1	0.22	-0.32	-0.25	0.3	0.32	-0.08	-0.31	0.01	0.47	0.22		-0.39	0.34	-0.05	-0.17	-0.07	0.26	0.16	-0.12	0.2	0.13	0.32
Non Current Liabilities Total	-0.34	0.86	-0.75	0.03	-0.82	0.35	0.86	-0.88	-0.55	-0.13	0.28	-0.72	-0.24	-0.81	-0.39		-0.73	0.22	0.2	0.42	-0.54	-0.42	0.7	-0.52	-0.35	-0.36
Inventory	0.77	-0.52	0.92	0.41	0.95	0.28	-0.52	0.94	0.72	0.15	0.33	0.44	0.02	0.92	0.34	-0.73		0.25	-0.3	0.13	0.83	0.83	-0.33	0.64	0.38	0.67
Other Current Assets	0.31	0.19	0.11	0.25	0.09	0.44	0.21	0.05	0.18	-0.14	0.4	-0.41	-0.22	0.19	-0.05	0.22	0.25		-0.25	0.32	0.23	0.28	0.19	-0.23	0.24	0.2
Other Stockholder Equity	-0.27	0.13	-0.22	-0.18	-0.25	-0.07	0.12	-0.27	-0.24	0.16	-0.08	0.03	0.14	-0.31	-0.17	0.2	-0.3	-0.25		-0.07	-0.31	-0.29	0.01	-0.23	-0.26	-0.27
Total Liab	0.5	0.74	0.1	0.89	-0.09	0.77	0.74	-0.16	0.35	-0.32	0.76	-0.3	-0.51	0.0	-0.07	0.42	0.13	0.32	-0.07		0.33	0.43	0.84	0.38	0.27	0.55
Total Current Assets	0.96	-0.21	0.79	0.68	0.71	0.44	-0.19	0.7	0.9	-0.11	0.51	0.32	-0.05	0.75	0.26	-0.54	0.83	0.23	-0.31	0.33		0.96	0.02	0.83	0.5	0.72
Common Stock	0.98	-0.12	0.77	0.7	0.73	0.61	-0.11	0.68	0.81	0.07	0.67	0.28	-0.06	0.72	0.16	-0.42	0.83	0.28	-0.29	0.43	0.96		0.08	0.78	0.36	0.71
Short Term Debt	0.18	0.95	-0.34	0.68	-0.55	0.54	0.96	-0.6	0.05	-0.52	0.51	-0.52	-0.45	-0.42	-0.12	0.7	-0.33	0.19	0.01	0.84	0.02	0.08		0.14	0.15	0.22
Net Receivables	0.78	-0.12	0.7	0.7	0.56	0.28	-0.11	0.56	0.81	-0.2	0.36	0.48	-0.2	0.57	0.2	-0.52	0.64	-0.23	-0.23	0.38	0.83	0.78	0.14		0.38	0.76
Current Deferred Revenue	0.45	-0.03	0.46	0.53	0.22	0.11	-0.01	0.25	0.62	-0.65	0.14	-0.03	-0.36	0.57	0.13	-0.35	0.38	0.24	-0.26	0.27	0.5	0.36	0.15	0.38		0.44
Other Liab	0.68	-0.02	0.71	0.75	0.49	0.28	-0.01	0.51	0.8	-0.29	0.32	0.09	-0.46	0.6	0.32	-0.36	0.67	0.2	-0.27	0.55	0.72	0.71	0.22	0.76	0.44

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Surya Roshni Account Relationship Matchups

Surya Roshni fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	29.4B	31.1B	30.6B	29.2B	33.6B	22.0B
Short Long Term Debt Total	7.3B	5.9B	4.2B	160.1M	184.1M	174.9M
Other Current Liab	2.4B	2.3B	2.0B	2.3B	2.7B	2.8B
Total Current Liabilities	12.7B	13.7B	10.9B	6.5B	7.5B	7.6B
Total Stockholder Equity	13.7B	15.5B	18.6B	21.7B	24.9B	26.2B
Property Plant And Equipment Net	10.4B	10.0B	9.2B	8.5B	9.8B	9.0B
Net Debt	7.3B	5.9B	4.2B	(189.8M)	(218.3M)	(207.4M)
Retained Earnings	9.4B	11.2B	13.8B	16.2B	18.7B	19.6B
Accounts Payable	4.8B	5.9B	4.1B	3.7B	4.2B	2.3B
Non Current Assets Total	11.0B	10.5B	9.7B	9.3B	10.6B	9.4B
Non Currrent Assets Other	282.2M	553.5M	586.7M	592.6M	681.5M	715.6M
Cash And Short Term Investments	4.9M	4.3M	446.8M	455.7M	410.1M	211.9M
Short Term Investments	2.3M	1.7M	435.7M	100M	90M	149.3M
Liabilities And Stockholders Equity	29.4B	31.1B	30.6B	29.2B	33.6B	22.0B
Non Current Liabilities Total	3.1B	2.0B	1.1B	1.0B	930.0M	883.5M
Inventory	8.7B	9.9B	11.5B	10.9B	12.5B	13.1B
Other Current Assets	2.1B	1.9B	1.8B	1.4B	1.6B	1.4B
Other Stockholder Equity	1.5B	1.2B	1.4B	1.5B	1.4B	1.9B
Total Liab	15.7B	15.7B	11.9B	7.6B	8.7B	12.6B
Total Current Assets	18.4B	20.7B	20.9B	20.0B	23.0B	12.6B
Accumulated Other Comprehensive Income	2.3B	2.5B	3.0B	3.3B	3.8B	4.0B
Common Stock	536.1M	533.3M	538.1M	542.4M	623.8M	483.3M
Short Term Debt	5.5B	5.3B	4.1B	95.5M	109.8M	104.3M
Net Receivables	7.6B	8.9B	7.5B	7.2B	8.3B	5.8B
Current Deferred Revenue	2.3B	2.5B	2.0B	345.5M	397.3M	377.5M
Other Liab	1.3B	1.4B	1.3B	987M	1.1B	1.2B
Net Tangible Assets	12.4B	13.7B	15.5B	18.6B	21.4B	12.4B
Short Long Term Debt	4.9B	5.2B	4.0B	37.3M	33.6M	31.9M
Property Plant Equipment	10.8B	10.4B	10.0B	9.2B	10.6B	10.7B
Other Assets	534.7M	643.3M	512.7M	151M	0.9	0.86
Long Term Debt Total	2.7B	1.7B	676.9M	68.2M	61.4M	58.3M
Net Invested Capital	20.3B	21.3B	22.7B	21.7B	19.5B	17.6B
Net Working Capital	5.7B	7.0B	10.0B	13.4B	15.5B	7.9B
Capital Stock	536.1M	533.3M	538.1M	542.4M	488.2M	431.7M
Capital Lease Obligations	154.5M	130.7M	138.3M	122.8M	110.5M	108.1M
Property Plant And Equipment Gross	15.8B	16.3B	9.2B	8.5B	7.6B	10.4B

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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.

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Surya Tax Provision vs Operating Income Analysis

Tax Provision vs Operating Income

Tax Provision vs Operating Income Correlation Analysis

Correlation Coefficient

Tax Provision

Operating Income

Surya Roshni fundamental ratios Correlations

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

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock	+ 0.98	Total Assets
Total Current Assets	+ 0.96	Total Assets
Short Term Debt	+ 0.96	Net Debt

Non Current Liabilities Total	- 0.88	Retained Earnings
Non Current Liabilities Total	- 0.82	Total Stockholder Equity
Non Current Liabilities Total	- 0.81	Common Stock Shares Outstanding
Retained Earnings	- 0.75	Net Debt
Non Current Liabilities Total	- 0.75	Other Current Liab
Retained Earnings	- 0.75	Short Long Term Debt Total