Nahar Interest Expense vs Net Income From Continuing Ops Analysis

NAHARPOLY   300.55  9.25  3.18%   
Nahar Poly financial indicator trend analysis is infinitely more than just investigating Nahar Poly Films recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nahar Poly Films is a good investment. Please check the relationship between Nahar Poly Interest Expense and its Net Income From Continuing Ops accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nahar Poly Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Interest Expense vs Net Income From Continuing Ops

Interest Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nahar Poly Films Interest Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nahar Poly's Interest Expense and Net Income From Continuing Ops is -0.43. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Nahar Poly Films, assuming nothing else is changed. The correlation between historical values of Nahar Poly's Interest Expense and Net Income From Continuing Ops 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 Expense of Nahar Poly Films are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Expense i.e., Nahar Poly's Interest Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income From Continuing Ops

Most indicators from Nahar Poly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nahar Poly Films 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 Nahar Poly Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 12th of December 2024, Selling General Administrative is likely to grow to about 26.5 M, though Tax Provision is likely to grow to (28.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.6B487.6M807.7M
Total Revenue4.9B7.2B6.0B3.2B

Nahar Poly fundamental ratios Correlations

1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-0.07-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.0-1.00.37-0.420.0-0.60.24-0.390.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.00.071.01.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
0.070.070.070.07-0.070.070.070.070.070.070.070.070.070.070.070.070.070.07-0.080.180.080.15-0.380.070.09
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
1.01.01.01.0-1.01.01.01.01.00.071.01.01.01.01.01.01.01.0-0.370.420.00.6-0.240.39-0.29
-0.37-0.37-0.37-0.370.37-0.37-0.37-0.37-0.37-0.08-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.37-0.34-0.1-0.60.83-0.230.35
0.420.420.420.42-0.420.420.420.420.420.180.420.420.420.420.420.420.420.420.42-0.340.450.61-0.390.42-0.52
0.00.00.00.00.00.00.00.00.00.080.00.00.00.00.00.00.00.00.0-0.10.450.3-0.320.42-0.73
0.60.60.60.6-0.60.60.60.60.60.150.60.60.60.60.60.60.60.60.6-0.60.610.3-0.490.8-0.58
-0.24-0.24-0.24-0.240.24-0.24-0.24-0.24-0.24-0.38-0.24-0.24-0.24-0.24-0.24-0.24-0.24-0.24-0.240.83-0.39-0.32-0.49-0.260.4
0.390.390.390.39-0.390.390.390.390.390.070.390.390.390.390.390.390.390.390.39-0.230.420.420.8-0.26-0.54
-0.29-0.29-0.29-0.290.29-0.29-0.29-0.29-0.290.09-0.29-0.29-0.29-0.29-0.29-0.29-0.29-0.29-0.290.35-0.52-0.73-0.580.4-0.54
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Nahar Poly Account Relationship Matchups

Nahar Poly fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.0B6.5B11.4B9.8B9.6B9.1B
Other Current Liab37.0M598.2M77.9M69.8M128.4M122.0M
Total Current Liabilities131.0M850.4M538.1M657.0M490.5M466.0M
Total Stockholder Equity3.9B5.3B9.1B7.8B8.0B7.6B
Net Debt32.4M574.5M1.7B1.6B1.3B1.2B
Cash3.5M9.4M6.2M757K269K255.6K
Non Current Assets Total3.3B5.7B10.1B8.4B8.5B8.0B
Non Currrent Assets Other(2K)(5.7B)(10.1B)(8.3B)114.7M108.9M
Cash And Short Term Investments3.8M9.7M6.2M485.6M255.8M243.0M
Liabilities And Stockholders Equity4.0B6.5B11.4B9.8B9.6B9.1B
Other Current Assets433.4M513.6M407.7M266.8M176.1M167.3M
Total Liab137.4M1.3B2.3B2.0B1.6B1.5B
Total Current Assets723.4M842.2M1.3B1.4B1.1B1.1B
Short Long Term Debt Total35.9M584.0M1.7B1.6B1.3B1.2B
Property Plant And Equipment Net496.1M2.0B2.9B2.7B2.4B2.3B
Non Current Liabilities Total6.4M428.0M1.8B1.3B1.1B1.1B
Inventory193.4M206.0M620.6M497.5M443.2M421.0M
Accumulated Other Comprehensive Income(1.4B)2.5B3.2B3.4B7.9B8.3B
Accounts Payable42.1M62.2M87.4M109.1M109.4M65.9M
Net Receivables93.1M113.0M283.6M256.2M250.7M211.8M
Short Term Debt7.0M125.9M184.8M333.2M252.7M204.6M
Retained Earnings1.3B2.2B5.3B3.8B4.0B4.2B
Short Term Investments263K279K74K484.8M255.6M150.4M
Net Tangible Assets3.9B5.3B9.1B7.8B9.0B5.0B
Other Assets31.0M25.6M32.5M73.3M1.00.95
Short Long Term Debt29.5M127.4M278.8M405.6M252.7M223.7M
Property Plant Equipment496.1M2.0B2.9B2.7B3.1B3.3B
Current Deferred Revenue45.5M32.6M28.2M17.9M20.6M32.5M
Cash And Equivalents10.0M3.5M12.6M10.0M11.5M7.9M
Net Invested Capital3.9B5.8B10.9B9.4B9.2B7.5B
Net Working Capital592.4M(8.1M)780.0M768.9M635.3M538.3M

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Other Information on Investing in Nahar Stock

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