RCF Stock | | | 176.46 0.81 0.46% |
Rashtriya Chemicals financial indicator trend analysis is much more than just breaking down Rashtriya Chemicals and prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rashtriya Chemicals and is a good investment. Please check the relationship between Rashtriya Chemicals Gross Profit and its Income Before Tax accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rashtriya Chemicals and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rashtriya Chemicals and Gross Profit account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Rashtriya Chemicals' Gross Profit and Income Before Tax is 0.48. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Rashtriya Chemicals and, assuming nothing else is changed. The correlation between historical values of Rashtriya Chemicals' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Rashtriya Chemicals and are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Rashtriya Chemicals' Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rashtriya Chemicals and minus its cost of goods sold. It is profit before Rashtriya Chemicals 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.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Rashtriya Chemicals income statement and is an important metric when analyzing Rashtriya Chemicals and profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Rashtriya Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rashtriya Chemicals and 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rashtriya Chemicals and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 5.9
B. The current year's
Tax Provision is expected to grow to about 1.3
BRashtriya Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
Rashtriya Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rashtriya Chemicals fundamental ratios Accounts
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Other Information on Investing in Rashtriya Stock
Balance Sheet is a snapshot of the
financial position of Rashtriya Chemicals and at a specified time, usually calculated after every quarter, six months, or one year. Rashtriya Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rashtriya Chemicals 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 Rashtriya currently owns. An asset can also be divided into two categories, current and non-current.