Dhanuka Total Other Income Expense Net vs Gross Profit Analysis

DHANUKA Stock   1,502  4.90  0.33%   
Dhanuka Agritech financial indicator trend analysis is much more than just examining Dhanuka Agritech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dhanuka Agritech is a good investment. Please check the relationship between Dhanuka Agritech Total Other Income Expense Net and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dhanuka Agritech 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 employment.

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dhanuka Agritech Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Dhanuka Agritech's Total Other Income Expense Net and Gross Profit is -0.81. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Dhanuka Agritech Limited, assuming nothing else is changed. The correlation between historical values of Dhanuka Agritech's Total Other Income Expense Net 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 Total Other Income Expense Net of Dhanuka Agritech 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 Total Other Income Expense Net i.e., Dhanuka Agritech's Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dhanuka Agritech Limited minus its cost of goods sold. It is profit before Dhanuka Agritech 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 Dhanuka Agritech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dhanuka Agritech 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dhanuka Agritech 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 employment.
As of December 30, 2024, Selling General Administrative is expected to decline to about 131.4 M. In addition to that, Tax Provision is expected to decline to about 609.3 M
 2021 2022 2023 2024 (projected)
Interest Expense32.0M31.2M31.5M29.9M
Depreciation And Amortization162.8M176.1M405.6M425.9M

Dhanuka Agritech fundamental ratios Correlations

0.130.450.821.00.970.22-0.340.980.110.65-0.680.520.830.84-0.910.840.86-0.14-0.590.850.9-0.340.680.070.07
0.130.430.30.090.110.93-0.270.080.020.28-0.30.350.130.32-0.340.320.180.040.340.190.12-0.430.33-0.450.55
0.450.430.790.390.330.47-0.290.320.30.69-0.160.530.580.3-0.510.790.63-0.09-0.030.60.56-0.230.7-0.270.71
0.820.30.790.780.720.36-0.310.730.140.83-0.30.570.920.57-0.790.990.95-0.03-0.360.910.91-0.230.830.020.41
1.00.090.390.780.970.18-0.330.990.090.6-0.690.50.810.85-0.90.80.84-0.14-0.60.830.89-0.320.640.090.0
0.970.110.330.720.970.22-0.390.990.170.51-0.710.460.770.81-0.850.740.76-0.19-0.580.780.86-0.410.56-0.020.01
0.220.930.470.360.180.22-0.60.16-0.050.29-0.260.410.240.35-0.330.390.25-0.030.250.210.18-0.470.36-0.370.54
-0.34-0.27-0.29-0.31-0.33-0.39-0.6-0.330.13-0.130.16-0.29-0.32-0.30.2-0.33-0.270.190.11-0.15-0.240.32-0.230.04-0.19
0.980.080.320.730.990.990.16-0.330.120.54-0.710.480.780.83-0.880.750.79-0.14-0.610.810.88-0.380.580.03-0.01
0.110.020.30.140.090.17-0.050.130.120.11-0.210.050.11-0.150.050.140.01-0.1-0.130.120.07-0.290.11-0.410.38
0.650.280.690.830.60.510.29-0.130.540.11-0.280.740.650.48-0.610.860.80.02-0.470.80.69-0.280.990.180.57
-0.68-0.3-0.16-0.3-0.69-0.71-0.260.16-0.71-0.21-0.28-0.35-0.23-0.810.71-0.36-0.290.180.32-0.43-0.390.55-0.360.35-0.08
0.520.350.530.570.50.460.41-0.290.480.050.74-0.350.510.61-0.520.670.640.15-0.60.60.51-0.560.770.120.49
0.830.130.580.920.810.770.24-0.320.780.110.65-0.230.510.56-0.740.90.95-0.04-0.510.860.92-0.110.640.20.13
0.840.320.30.570.850.810.35-0.30.83-0.150.48-0.810.610.56-0.910.630.67-0.08-0.450.670.68-0.50.54-0.05-0.01
-0.91-0.34-0.51-0.79-0.9-0.85-0.330.2-0.880.05-0.610.71-0.52-0.74-0.91-0.81-0.820.090.36-0.85-0.860.39-0.640.11-0.12
0.840.320.790.990.80.740.39-0.330.750.140.86-0.360.670.90.63-0.810.95-0.02-0.430.910.9-0.30.870.030.44
0.860.180.630.950.840.760.25-0.270.790.010.8-0.290.640.950.67-0.820.95-0.02-0.520.920.94-0.20.790.210.21
-0.140.04-0.09-0.03-0.14-0.19-0.030.19-0.14-0.10.020.180.15-0.04-0.080.09-0.02-0.020.11-0.04-0.1-0.22-0.01-0.070.14
-0.590.34-0.03-0.36-0.6-0.580.250.11-0.61-0.13-0.470.32-0.6-0.51-0.450.36-0.43-0.520.11-0.5-0.480.18-0.48-0.530.08
0.850.190.60.910.830.780.21-0.150.810.120.8-0.430.60.860.67-0.850.910.92-0.04-0.50.95-0.340.790.00.29
0.90.120.560.910.890.860.18-0.240.880.070.69-0.390.510.920.68-0.860.90.94-0.1-0.480.95-0.240.690.060.13
-0.34-0.43-0.23-0.23-0.32-0.41-0.470.32-0.38-0.29-0.280.55-0.56-0.11-0.50.39-0.3-0.2-0.220.18-0.34-0.24-0.360.51-0.43
0.680.330.70.830.640.560.36-0.230.580.110.99-0.360.770.640.54-0.640.870.79-0.01-0.480.790.69-0.360.130.59
0.07-0.45-0.270.020.09-0.02-0.370.040.03-0.410.180.350.120.2-0.050.110.030.21-0.07-0.530.00.060.510.13-0.46
0.070.550.710.410.00.010.54-0.19-0.010.380.57-0.080.490.13-0.01-0.120.440.210.140.080.290.13-0.430.59-0.46
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Dhanuka Agritech Account Relationship Matchups

Dhanuka Agritech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B11.3B13.1B14.1B15.8B16.6B
Short Long Term Debt Total128.8M484.3M318.1M335.2M269.8M245.6M
Other Current Liab707.0M1.3B1.2B1.0B1.0B721.8M
Total Current Liabilities2.0B2.8B3.0B3.0B2.8B1.9B
Total Stockholder Equity7.1B8.0B9.6B10.6B12.6B13.2B
Property Plant And Equipment Net1.4B1.7B2.1B3.2B3.5B3.7B
Net Debt(123.5M)478.2M303.2M300.3M264.7M203.0M
Cash252.2M6.1M14.8M34.8M5.1M4.8M
Non Current Assets Total2.7B2.7B3.6B5.1B5.5B5.8B
Non Currrent Assets Other1K(2.2B)(10K)60.6M351.5M369.0M
Cash And Short Term Investments849.4M1.9B2.0B1.7B723.5M629.0M
Common Stock Shares Outstanding47.6M47.2M46.6M46.4M45.6M38.4M
Liabilities And Stockholders Equity9.3B11.3B13.1B14.1B15.8B16.6B
Non Current Liabilities Total270.3M589.9M474.0M460.6M451.2M314.9M
Inventory2.5B3.0B3.5B3.5B4.2B2.2B
Other Current Assets891.6M1.3B1.3B1.1B1.9B2.0B
Other Stockholder Equity(7.6B)(7.9B)(9.6B)(10.6B)(12.4B)(11.8B)
Total Liab2.2B3.3B3.5B3.4B3.2B2.4B
Total Current Assets6.7B8.6B9.5B9.0B10.3B5.6B
Accumulated Other Comprehensive Income(373.0M)(517.9M)16.4M18.4M21.2M22.3M
Short Term Debt103.0M121.4M44.5M78.5M45.2M43.0M
Accounts Payable1.1B959.2M1.6B1.6B1.5B937.0M
Net Receivables2.4B2.4B2.8B3.4B3.5B2.4B
Other Assets233.8M79.2M106.7M60.6M54.6M51.8M
Short Term Investments597.2M1.9B2.0B1.6B718.4M789.6M
Intangible Assets23.4M19.3M15.5M11.9M9.0M8.5M
Current Deferred Revenue(171.8M)1.1B1.0B855.4M153.5M145.8M
Retained Earnings7.0B7.9B9.5B10.5B12.4B6.9B
Other Liab299.4M244.5M226.9M200.5M180.5M225.4M
Net Tangible Assets6.4B7.1B7.9B9.6B11.0B6.7B
Short Long Term Debt79.8M83.6M9.6M38.1M4.7M4.4M
Property Plant Equipment1.2B1.7B2.1B3.2B3.6B3.8B
Long Term Debt Total25.8M362.9M273.5M256.6M295.1M309.9M
Cash And Equivalents100.0M0.0220.2M34.8M40.1M66.9M
Net Invested Capital7.2B8.0B9.6B10.7B12.6B9.6B
Net Working Capital4.7B5.8B6.5B6.0B7.5B6.1B

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Other Information on Investing in Dhanuka Stock

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