Tata Cost Of Revenue vs Net Income Analysis

TTST Stock  USD 17.45  0.05  0.29%   
Tata Steel financial indicator trend analysis is much more than just breaking down Tata Steel Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Steel Limited is a good investment. Please check the relationship between Tata Steel Cost Of Revenue and its Net Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Steel 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 board of governors.

Cost Of Revenue vs Net Income

Cost Of Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Steel Limited Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tata Steel's Cost Of Revenue and Net Income is -0.41. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Tata Steel Limited, assuming nothing else is changed. The correlation between historical values of Tata Steel's Cost Of Revenue 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 Cost Of Revenue of Tata Steel 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 Cost Of Revenue i.e., Tata Steel's Cost Of Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Tata Steel Limited income statement and represents the costs associated with goods and services Tata Steel 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tata Steel Limited financial statement analysis. It represents the amount of money remaining after all of Tata Steel Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Tata Steel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Steel 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 Tata Steel 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 board of governors.
At this time, Tata Steel's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 18.05 this year, although the value of Selling General Administrative will most likely fall to about 118.3 B.
 2021 2022 2023 2024 (projected)
Gross Profit1.6T1.3T898.0B1.1T
Total Revenue2.4T2.4T2.3T2.0T

Tata Steel fundamental ratios Correlations

0.150.950.960.850.93-0.590.910.920.510.960.65-0.22-0.69-0.780.760.57-0.79-0.470.860.940.14-0.180.95-0.950.93
0.150.080.210.010.06-0.10.370.040.260.120.60.320.010.15-0.14-0.670.110.280.390.130.70.510.03-0.220.03
0.950.080.940.960.94-0.680.861.00.520.880.66-0.45-0.82-0.750.880.63-0.68-0.610.730.99-0.03-0.410.87-0.860.79
0.960.210.940.850.97-0.720.970.930.690.860.79-0.17-0.8-0.60.690.45-0.62-0.580.770.950.16-0.150.82-0.860.86
0.850.010.960.850.9-0.670.730.980.390.80.53-0.56-0.84-0.720.890.66-0.63-0.630.640.92-0.17-0.480.78-0.790.64
0.930.060.940.970.9-0.670.890.950.60.850.67-0.19-0.79-0.630.70.54-0.64-0.580.720.930.04-0.180.8-0.840.82
-0.59-0.1-0.68-0.72-0.67-0.67-0.72-0.69-0.75-0.39-0.650.330.950.17-0.52-0.380.070.91-0.37-0.70.310.35-0.380.41-0.37
0.910.370.860.970.730.89-0.720.840.770.780.9-0.06-0.75-0.460.580.27-0.5-0.530.730.910.3-0.040.73-0.780.82
0.920.041.00.930.980.95-0.690.840.530.850.64-0.47-0.84-0.740.890.64-0.65-0.630.70.98-0.07-0.430.84-0.830.76
0.510.260.520.690.390.6-0.750.770.530.280.830.06-0.67-0.060.30.040.08-0.60.330.60.05-0.080.26-0.280.45
0.960.120.880.860.80.85-0.390.780.850.280.48-0.18-0.52-0.860.710.58-0.91-0.270.90.840.18-0.110.98-0.990.92
0.650.60.660.790.530.67-0.650.90.640.830.48-0.01-0.63-0.150.4-0.1-0.16-0.420.490.750.450.020.42-0.490.55
-0.220.32-0.45-0.17-0.56-0.190.33-0.06-0.470.06-0.18-0.010.510.43-0.78-0.610.210.520.03-0.430.530.95-0.290.11-0.02
-0.690.01-0.82-0.8-0.84-0.790.95-0.75-0.84-0.67-0.52-0.630.510.35-0.71-0.550.250.93-0.41-0.830.320.51-0.520.51-0.47
-0.780.15-0.75-0.6-0.72-0.630.17-0.46-0.74-0.06-0.86-0.150.430.35-0.81-0.730.850.17-0.75-0.690.120.41-0.910.82-0.74
0.76-0.140.880.690.890.7-0.520.580.890.30.710.4-0.78-0.71-0.810.75-0.62-0.570.520.86-0.26-0.750.78-0.650.6
0.57-0.670.630.450.660.54-0.380.270.640.040.58-0.1-0.61-0.55-0.730.75-0.64-0.590.330.56-0.6-0.680.66-0.510.53
-0.790.11-0.68-0.62-0.63-0.640.07-0.5-0.650.08-0.91-0.160.210.250.85-0.62-0.640.08-0.72-0.64-0.180.12-0.910.86-0.83
-0.470.28-0.61-0.58-0.63-0.580.91-0.53-0.63-0.6-0.27-0.420.520.930.17-0.57-0.590.08-0.13-0.620.530.6-0.310.25-0.3
0.860.390.730.770.640.72-0.370.730.70.330.90.490.03-0.41-0.750.520.33-0.72-0.130.690.230.110.87-0.950.79
0.940.130.990.950.920.93-0.70.910.980.60.840.75-0.43-0.83-0.690.860.56-0.64-0.620.690.05-0.40.84-0.810.8
0.140.7-0.030.16-0.170.040.310.3-0.070.050.180.450.530.320.12-0.26-0.6-0.180.530.230.050.660.09-0.20.26
-0.180.51-0.41-0.15-0.48-0.180.35-0.04-0.43-0.08-0.110.020.950.510.41-0.75-0.680.120.60.11-0.40.66-0.240.02-0.04
0.950.030.870.820.780.8-0.380.730.840.260.980.42-0.29-0.52-0.910.780.66-0.91-0.310.870.840.09-0.24-0.950.92
-0.95-0.22-0.86-0.86-0.79-0.840.41-0.78-0.83-0.28-0.99-0.490.110.510.82-0.65-0.510.860.25-0.95-0.81-0.20.02-0.95-0.88
0.930.030.790.860.640.82-0.370.820.760.450.920.55-0.02-0.47-0.740.60.53-0.83-0.30.790.80.26-0.040.92-0.88
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Tata Steel Account Relationship Matchups

Tata Steel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5T2.5T2.9T2.9T2.7T2.8T
Other Current Liab104.8B185.7B149.7B189.9B18M17.1M
Total Current Liabilities616.6B708.7B905.9B973.0B984.0B841.5B
Total Stockholder Equity735.8B742.4B1.1T1.0T920.4B922.7B
Other Liab184.9B247.0B273.0B282.9B325.4B255.2B
Net Tangible Assets664.5B660.4B1.0T834.7B960.0B802.6B
Net Debt1.0T751.3B532.2B658.9B744.9B623.7B
Retained Earnings303.2B286.7B678.4B603.6B348.2B421.5B
Accounts Payable178.2B218.2B310.7B324.5B354.3B270.1B
Cash75.4B55.3B156.0B121.3B70.8B92.2B
Non Current Assets Total1.9T1.9T1.9T2.0T2.0T2.0T
Non Currrent Assets Other2.8B2.8B36.9B37.8B2.4B2.2B
Other Assets347.9B269.9B332.4B187.9B169.1B224.5B
Long Term Debt882.1B657.0B447.6B514.5B515.8B512.6B
Net Receivables82.8B97.3B123.4B84.1B62.6B80.0B
Good Will40.5B43.4B43.1B56.0B57.5B50.5B
Common Stock Shares Outstanding1.2B1.2B1.2B2.4B12.5B13.1B
Short Term Investments37.9B86.1B108.3B62.9B17.7B16.9B
Non Current Liabilities Total1.1T971.1B777.6B855.5B825.9B741.9B
Capital Lease Obligations70.2B78.3B67.3B68.8B55.1B64.3B
Inventory310.7B332.8B488.2B544.2B491.6B434.9B
Other Current Assets84.1B44.5B69.6B80.2B8.9B8.5B
Other Stockholder Equity143.3B134.1B141.0B102.1B91.9B103.7B
Total Liab1.7T1.7T1.7T1.8T1.8T1.9T
Deferred Long Term Liab241M79.5M1.1M400K360K342K
Net Invested Capital1.8T1.5T1.8T1.8T1.7T1.9T
Short Long Term Debt211.0B149.7B240.6B265.7B300.0B245.0B
Total Current Assets587.3B602.1B922.6B866.1B705.5B778.0B
Net Working Capital(29.3B)(106.6B)19.7B(106.3B)(278.6B)(264.6B)
Intangible Assets16.1B20.6B52.9B140.1B14.4B13.7B
Property Plant Equipment1.5T1.5T1.5T1.6T1.8T1.5T
Capital Stock11.4B12.0B12.2B12.2B12.5B13.2B

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Other Information on Investing in Tata Stock

Balance Sheet is a snapshot of the financial position of Tata Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. Tata Steel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tata Steel 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 Tata currently owns. An asset can also be divided into two categories, current and non-current.