| NAHARPOLY | | | 287.75 0.85 0.29% |
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 Total Revenue and its Depreciation And Amortization 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.
Total Revenue vs Depreciation And Amortization
Total Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nahar Poly Films Total Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nahar Poly's Total Revenue and Depreciation And Amortization is 0.52. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization 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 Total Revenue and Depreciation And Amortization 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 Revenue of Nahar Poly Films are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Revenue i.e., Nahar Poly's Total Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.52 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Nahar Poly Films generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 4th 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
Also Currently Popular
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.