ANGELONE | | | 2,885 19.20 0.66% |
Angel One financial indicator trend analysis is way more than just evaluating Angel One Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel One Limited is a good investment. Please check the relationship between Angel One Interest Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One 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 bureau of economic analysis.
Interest Income vs Gross Profit
Interest Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angel One Limited Interest Income account and
Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Angel One's Interest Income and Gross Profit is 0.99. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Angel One Limited, assuming nothing else is changed. The correlation between historical values of Angel One's Interest Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Angel One Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Angel One's Interest Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Angel One Limited minus its cost of goods sold. It is profit before Angel One operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Angel One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel One 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One 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 bureau of economic analysis.
At this time, Angel One's
Selling General Administrative is very stable compared to the past year. As of the 30th of December 2024,
Tax Provision is likely to grow to about 4.1
B, while
Discontinued Operations is likely to drop (2.9
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 12.0B | 19.6B | 21.4B | 22.4B | Total Revenue | 20.0B | 30.0B | 41.7B | 43.8B |
Angel One fundamental ratios Correlations
Click cells to compare fundamentals
Angel One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angel One fundamental ratios Accounts
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Other Information on Investing in Angel Stock
Balance Sheet is a snapshot of the
financial position of Angel One Limited at a specified time, usually calculated after every quarter, six months, or one year. Angel One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angel One 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 Angel currently owns. An asset can also be divided into two categories, current and non-current.