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 Selling And Marketing Expenses and its Gross Profit 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.
Selling And Marketing Expenses vs Gross Profit
Selling And Marketing Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nahar Poly Films Selling And Marketing Expenses account and
Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nahar Poly's Selling And Marketing Expenses and Gross Profit is 0.1. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Gross Profit 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 Selling And Marketing Expenses 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 Selling And Marketing Expenses of Nahar Poly Films 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 Selling And Marketing Expenses i.e., Nahar Poly's Selling And Marketing Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Nahar Poly Films minus its cost of goods sold. It is profit before Nahar Poly 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 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 Profit | 1.9B | 1.6B | 487.6M | 807.7M | Total Revenue | 4.9B | 7.2B | 6.0B | 3.2B |
Nahar Poly fundamental ratios Correlations
Click cells to compare fundamentals
Nahar Poly Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nahar Poly fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.