UTIAMC Stock | | | 1,299 11.80 0.92% |
UTI Asset financial indicator trend analysis is much more than just breaking down UTI Asset Management prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UTI Asset Management is a good investment. Please check the relationship between UTI Asset Operating Income and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Operating Income vs Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UTI Asset Management Operating Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between UTI Asset's Operating Income and Cost Of Revenue is 0.79. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of UTI Asset Management, assuming nothing else is changed. The correlation between historical values of UTI Asset's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of UTI Asset Management are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., UTI Asset's Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from UTI Asset Management 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 UTI Asset Management 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.
Cost Of Revenue
Cost of Revenue is found on UTI Asset Management income statement and represents the costs associated with goods and services UTI Asset 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.
Most indicators from UTI Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UTI Asset Management 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 UTI Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
The current year's
Issuance Of Capital Stock is expected to grow to about 278.4
M, whereas
Selling General Administrative is forecasted to decline to about 427.4
M.
UTI Asset fundamental ratios Correlations
Click cells to compare fundamentals
UTI Asset Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UTI Asset fundamental ratios Accounts
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Other Information on Investing in UTI Stock
Balance Sheet is a snapshot of the
financial position of UTI Asset Management at a specified time, usually calculated after every quarter, six months, or one year. UTI Asset Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UTI Asset 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 UTI currently owns. An asset can also be divided into two categories, current and non-current.