| KOTHARIPET | | | 208.14 2.29 1.09% |
Kothari Petrochemicals financial indicator trend analysis is infinitely more than just investigating Kothari Petrochemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kothari Petrochemicals is a good investment. Please check the relationship between Kothari Petrochemicals Cost Of Revenue and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kothari Petrochemicals 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.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kothari Petrochemicals Cost Of Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Kothari Petrochemicals' Cost Of Revenue and Selling General Administrative is 0.41. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Kothari Petrochemicals Limited, assuming nothing else is changed. The correlation between historical values of Kothari Petrochemicals' Cost Of Revenue and Selling General Administrative 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 Kothari Petrochemicals Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Kothari Petrochemicals' Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.41 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Kothari Petrochemicals income statement and represents the costs associated with goods and services Kothari Petrochemicals 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.
Selling General Administrative
Most indicators from Kothari Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kothari Petrochemicals 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kothari Petrochemicals 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.
The Kothari Petrochemicals' current
Tax Provision is estimated to increase to about 328.6
M, while Selling General Administrative is projected to decrease to under 55.2
M.
Kothari Petrochemicals fundamental ratios Correlations
Click cells to compare fundamentals
Kothari Petrochemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kothari Petrochemicals fundamental ratios Accounts
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Other Information on Investing in Kothari Stock
Balance Sheet is a snapshot of the
financial position of Kothari Petrochemicals at a specified time, usually calculated after every quarter, six months, or one year. Kothari Petrochemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kothari Petrochemicals 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 Kothari currently owns. An asset can also be divided into two categories, current and non-current.