Shriram Cost Of Revenue vs Interest Income Analysis

SHRIRAMFIN   3,020  24.05  0.79%   
Shriram Finance financial indicator trend analysis is much more than just breaking down Shriram Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shriram Finance is a good investment. Please check the relationship between Shriram Finance Cost Of Revenue and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shriram Finance 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 metropolitan statistical area.

Cost Of Revenue vs Interest Income

Cost Of Revenue vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shriram Finance Cost Of Revenue account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Shriram Finance's Cost Of Revenue and Interest Income is -0.88. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shriram Finance Limited, assuming nothing else is changed. The correlation between historical values of Shriram Finance's Cost Of Revenue and Interest Income 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 Shriram Finance Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Cost Of Revenue i.e., Shriram Finance's Cost Of Revenue and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Shriram Finance income statement and represents the costs associated with goods and services Shriram Finance 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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Shriram Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shriram Finance 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shriram Finance 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 metropolitan statistical area.
As of the 1st of December 2024, Selling General Administrative is likely to drop to about 1.7 B. In addition to that, Tax Provision is likely to drop to about 13.1 B
 2021 2022 2023 2024 (projected)
Gross Profit73.5B136.0B117.5B123.4B
Total Revenue92.9B168.6B161.1B169.2B

Shriram Finance fundamental ratios Correlations

0.990.96-0.670.080.730.911.00.770.990.0-0.410.99-0.440.430.770.55-0.550.81-0.350.160.93-0.2-0.740.890.98
0.990.97-0.660.050.720.930.990.760.980.03-0.390.97-0.420.450.780.58-0.490.79-0.280.210.93-0.14-0.740.90.98
0.960.97-0.68-0.010.640.920.960.690.950.02-0.420.95-0.420.420.80.55-0.480.77-0.340.190.92-0.06-0.760.890.97
-0.67-0.66-0.680.28-0.32-0.7-0.67-0.36-0.680.570.73-0.680.19-0.11-0.69-0.140.4-0.40.480.31-0.610.020.73-0.77-0.65
0.080.05-0.010.280.34-0.280.090.330.13-0.14-0.240.13-0.20.45-0.570.19-0.360.25-0.37-0.110.17-0.40.58-0.370.05
0.730.720.64-0.320.340.580.730.990.72-0.04-0.090.7-0.050.580.380.68-0.640.57-0.350.30.63-0.6-0.370.510.64
0.910.930.92-0.7-0.280.580.90.630.870.09-0.240.86-0.320.260.920.48-0.290.67-0.090.260.80.01-0.870.960.9
1.00.990.96-0.670.090.730.90.761.0-0.01-0.420.99-0.440.430.760.55-0.560.81-0.370.140.93-0.22-0.730.890.98
0.770.760.69-0.360.330.990.630.760.75-0.03-0.140.74-0.110.620.420.73-0.60.61-0.30.340.7-0.49-0.390.550.69
0.990.980.95-0.680.130.720.871.00.75-0.06-0.481.0-0.460.430.730.52-0.60.81-0.430.080.93-0.24-0.720.870.98
0.00.030.020.57-0.14-0.040.09-0.01-0.03-0.060.67-0.07-0.320.00.140.230.430.130.580.67-0.010.27-0.030.030.06
-0.41-0.39-0.420.73-0.24-0.09-0.24-0.42-0.14-0.480.67-0.490.41-0.14-0.140.040.38-0.360.630.58-0.48-0.060.22-0.31-0.45
0.990.970.95-0.680.130.70.860.990.741.0-0.07-0.49-0.470.370.730.47-0.60.82-0.440.030.91-0.24-0.720.870.97
-0.44-0.42-0.420.19-0.2-0.05-0.32-0.44-0.11-0.46-0.320.41-0.47-0.12-0.24-0.13-0.13-0.550.150.02-0.5-0.310.18-0.32-0.53
0.430.450.42-0.110.450.580.260.430.620.430.0-0.140.37-0.120.060.92-0.40.26-0.110.590.65-0.260.050.180.42
0.770.780.8-0.69-0.570.380.920.760.420.730.14-0.140.73-0.240.060.33-0.210.52-0.030.220.650.09-0.970.970.78
0.550.580.55-0.140.190.680.480.550.730.520.230.040.47-0.130.920.33-0.340.350.050.770.7-0.17-0.220.390.54
-0.55-0.49-0.480.4-0.36-0.64-0.29-0.56-0.6-0.60.430.38-0.6-0.13-0.4-0.21-0.34-0.340.650.18-0.510.670.3-0.35-0.47
0.810.790.77-0.40.250.570.670.810.610.810.13-0.360.82-0.550.260.520.35-0.34-0.260.070.71-0.15-0.50.660.79
-0.35-0.28-0.340.48-0.37-0.35-0.09-0.37-0.3-0.430.580.63-0.440.15-0.11-0.030.050.65-0.260.56-0.310.560.15-0.18-0.31
0.160.210.190.31-0.110.30.260.140.340.080.670.580.030.020.590.220.770.180.070.560.270.1-0.050.150.17
0.930.930.92-0.610.170.630.80.930.70.93-0.01-0.480.91-0.50.650.650.7-0.510.71-0.310.27-0.07-0.580.780.95
-0.2-0.14-0.060.02-0.4-0.60.01-0.22-0.49-0.240.27-0.06-0.24-0.31-0.260.09-0.170.67-0.150.560.1-0.07-0.02-0.02-0.06
-0.74-0.74-0.760.730.58-0.37-0.87-0.73-0.39-0.72-0.030.22-0.720.180.05-0.97-0.220.3-0.50.15-0.05-0.58-0.02-0.95-0.73
0.890.90.89-0.77-0.370.510.960.890.550.870.03-0.310.87-0.320.180.970.39-0.350.66-0.180.150.78-0.02-0.950.89
0.980.980.97-0.650.050.640.90.980.690.980.06-0.450.97-0.530.420.780.54-0.470.79-0.310.170.95-0.06-0.730.89
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Shriram Finance Account Relationship Matchups

Shriram Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.3T1.4T2.1T2.5T2.6T
Total Stockholder Equity181.4B217.2B260.9B435.1B489.5B513.9B
Property Plant And Equipment Net4.8B4.3B4.1B7.5B9.4B9.9B
Non Currrent Assets Other(4.9B)(6.6B)(9.3B)(23.2B)(138.1B)(131.2B)
Other Assets1.1T1.1T1.2T1.9T(155.2B)(147.5B)
Common Stock Shares Outstanding239.0M246.3M266.2M376.1M376.4M245.2M
Liabilities And Stockholders Equity1.1T1.3T1.4T2.1T2.5T2.6T
Total Liab961.2B1.1T1.2T1.7T2.0T2.1T
Common Stock2.3B2.5B2.7B3.7B3.8B2.5B
Short Long Term Debt Total829.8B903.7B929.2B1.3T1.5T1.6T
Other Current Liab(1.4B)(2.6B)(2.0B)(5.1B)3.6B5.0B
Total Current Liabilities1.4B2.6B1.7B3.1B8.7B8.2B
Net Debt793.7B789.2B816.3B1.2T1.4T1.5T
Accounts Payable1.4B1.6B1.7B3.5B2.7B2.6B
Cash35.0B114.5B112.9B104.9B62.6B55.6B
Non Current Assets Total4.9B39.5B75.9B118.8B2.5T2.6T
Cash And Short Term Investments30.9B114.5B112.9B104.9B111.7B70.6B
Net Receivables267.1M2.2B2.1B4.6B3.9B3.7B
Non Current Liabilities Total582.6B903.7B1.7B1.3T988.8B1.0T
Other Current Assets(73.3B)88M123.7M363M460M437M
Total Current Assets30.9B116.7B115.0B109.5B116.1B93.6B
Inventory73.0B165.0B165.5B167.5B192.7B202.3B
Short Term Investments(4.1B)28.5B37.7B9.8B49.1B26.2B
Current Deferred Revenue(241.1B)138.1M232.6M373.6M(1.5T)(1.4T)
Short Term Debt242.6B329.0B321.6B525.4B1.5T1.6T
Retained Earnings93.9B105.3B123.6B157.0B192.8B202.4B
Accumulated Other Comprehensive Income67.7B77.3B78.1B117.5B263.5M250.3M
Intangible Assets26.7M23.9M30.4M12.8B10.3B10.9B

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Other Information on Investing in Shriram Stock

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