Tata Income Before Tax vs Selling General Administrative Analysis

TATACOMM   1,745  14.90  0.85%   
Tata Communications financial indicator trend analysis is much more than just breaking down Tata Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Communications is a good investment. Please check the relationship between Tata Communications Income Before Tax and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Communications 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 main economic indicators.

Income Before Tax vs Selling General Administrative

Income Before Tax vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Communications Income Before Tax account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tata Communications' Income Before Tax and Selling General Administrative is -0.43. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tata Communications Limited, assuming nothing else is changed. The correlation between historical values of Tata Communications' Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Tata Communications Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Tata Communications' Income Before Tax and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Tata Communications income statement and is an important metric when analyzing Tata Communications 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.

Selling General Administrative

Most indicators from Tata Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Communications 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 Tata Communications 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 main economic indicators.
At this time, Tata Communications' Discontinued Operations is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 3.2 B, while Selling General Administrative is likely to drop about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit105.2B114.6B64.4B62.4B
Total Revenue167.2B178.4B209.7B133.7B

Tata Communications fundamental ratios Correlations

0.490.77-0.420.930.970.61-0.640.990.44-0.220.70.19-0.060.920.18-0.030.050.960.440.10.960.060.250.460.38
0.490.32-0.050.580.51-0.13-0.340.480.080.140.110.06-0.020.420.02-0.41-0.240.430.220.040.510.45-0.210.32-0.05
0.770.32-0.670.60.750.75-0.310.70.49-0.060.720.220.240.560.45-0.27-0.050.840.680.350.76-0.270.230.70.02
-0.42-0.05-0.67-0.37-0.56-0.720.0-0.33-0.59-0.3-0.27-0.25-0.53-0.5-0.240.30.04-0.65-0.670.2-0.590.72-0.61-0.33-0.2
0.930.580.6-0.370.940.47-0.560.930.48-0.070.480.17-0.040.930.0-0.030.10.890.35-0.150.940.20.260.390.38
0.970.510.75-0.560.940.63-0.590.940.5-0.10.620.230.050.950.12-0.1-0.020.980.51-0.021.0-0.030.350.440.42
0.61-0.130.75-0.720.470.63-0.080.520.720.130.50.210.50.560.33-0.050.10.730.750.060.66-0.430.610.440.17
-0.64-0.34-0.310.0-0.56-0.59-0.08-0.70.190.71-0.660.220.55-0.6-0.13-0.20.27-0.520.1-0.22-0.55-0.190.06-0.25-0.6
0.990.480.7-0.330.930.940.52-0.70.34-0.320.690.2-0.20.910.140.070.090.930.30.070.930.140.230.390.45
0.440.080.49-0.590.480.50.720.190.340.61-0.020.110.770.48-0.13-0.210.280.540.75-0.180.54-0.290.560.4-0.09
-0.220.14-0.06-0.3-0.07-0.10.130.71-0.320.61-0.610.140.85-0.11-0.13-0.520.01-0.090.53-0.35-0.05-0.190.170.0-0.54
0.70.110.72-0.270.480.620.5-0.660.69-0.02-0.61-0.05-0.330.50.470.08-0.150.660.30.530.61-0.14-0.120.530.28
0.190.060.22-0.250.170.230.210.220.20.110.14-0.050.120.20.020.030.20.270.01-0.380.18-0.060.35-0.450.18
-0.06-0.020.24-0.53-0.040.050.50.55-0.20.770.85-0.330.12-0.010.05-0.51-0.090.110.76-0.160.1-0.390.40.21-0.38
0.920.420.56-0.50.930.950.56-0.60.910.48-0.110.50.2-0.010.010.030.090.920.38-0.220.95-0.030.420.230.56
0.180.020.45-0.240.00.120.33-0.130.14-0.13-0.130.470.020.050.01-0.28-0.430.220.340.230.12-0.16-0.150.24-0.15
-0.03-0.41-0.270.3-0.03-0.1-0.05-0.20.07-0.21-0.520.080.03-0.510.03-0.280.49-0.1-0.55-0.15-0.130.080.15-0.290.48
0.05-0.24-0.050.040.1-0.020.10.270.090.280.01-0.150.2-0.090.09-0.430.490.04-0.23-0.28-0.01-0.080.32-0.150.17
0.960.430.84-0.650.890.980.73-0.520.930.54-0.090.660.270.110.920.22-0.10.040.560.010.98-0.150.390.460.38
0.440.220.68-0.670.350.510.750.10.30.750.530.30.010.760.380.34-0.55-0.230.560.190.55-0.40.220.59-0.27
0.10.040.350.2-0.15-0.020.06-0.220.07-0.18-0.350.53-0.38-0.16-0.220.23-0.15-0.280.010.19-0.010.07-0.480.58-0.42
0.960.510.76-0.590.941.00.66-0.550.930.54-0.050.610.180.10.950.12-0.13-0.010.980.55-0.01-0.050.350.480.37
0.060.45-0.270.720.2-0.03-0.43-0.190.14-0.29-0.19-0.14-0.06-0.39-0.03-0.160.08-0.08-0.15-0.40.07-0.05-0.34-0.04-0.1
0.25-0.210.23-0.610.260.350.610.060.230.560.17-0.120.350.40.42-0.150.150.320.390.22-0.480.35-0.34-0.110.49
0.460.320.7-0.330.390.440.44-0.250.390.40.00.53-0.450.210.230.24-0.29-0.150.460.590.580.48-0.04-0.11-0.3
0.38-0.050.02-0.20.380.420.17-0.60.45-0.09-0.540.280.18-0.380.56-0.150.480.170.38-0.27-0.420.37-0.10.49-0.3
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Tata Communications Account Relationship Matchups

Tata Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets221.6B213.3B196.7B205.5B245.6B179.3B
Other Current Liab18.2B25.8B2.2B20.2B20.4B14.3B
Total Current Liabilities113.7B77.7B84.3B97.9B136.7B69.0B
Total Stockholder Equity(12.8B)1.2B9.3B15.2B17.9B26.6B
Property Plant And Equipment Net109.0B99.4B97.0B94.6B97.1B86.0B
Net Debt115.6B105.8B84.2B75.7B105.3B63.0B
Accounts Payable38.4B32.4B30.1B32.8B36.6B26.2B
Cash8.5B8.2B7.0B10.0B7.3B6.2B
Non Current Assets Total162.2B155.0B148.0B147.4B185.6B125.3B
Non Currrent Assets Other23.0B26.2B20.6B19.4B19.6B20.5B
Cash And Short Term Investments15.7B22.1B11.7B19.7B9.4B13.7B
Net Receivables32.3B26.1B28.4B29.9B37.6B29.6B
Short Term Investments7.2B13.9B4.8B9.6B2.0B1.9B
Liabilities And Stockholders Equity221.6B213.3B196.7B205.5B245.6B179.3B
Non Current Liabilities Total120.6B134.2B102.8B92.2B91.0B82.9B
Inventory729.7M344.4M378.8M1.6B835.4M456.0M
Other Current Assets11.3B10.9B8.2B6.9B12.3B17.5B
Other Stockholder Equity198.1B(8.2B)36.9B7.3B7.3B6.9B
Total Liab234.4B211.9B187.1B190.0B227.7B142.6B
Total Current Assets59.4B58.4B48.7B58.1B60.0B54.1B
Short Long Term Debt Total124.1B113.9B91.7B87.1B112.6B80.7B
Retained Earnings(52.5B)(41.1B)(31.6B)(19.6B)(16.6B)(15.7B)
Other Assets24.3B25.8B29.3B22.7B4.9B0.95
Accumulated Other Comprehensive Income(189.9B)32.2B30.8B24.6B24.3B25.5B
Short Term Debt42.8B13.8B21.7B28.0B57.0B59.8B
Current Deferred Revenue29.9B29.8B30.3B16.9B11.4B16.9B
Intangible Assets17.4B15.7B15.9B16.8B29.2B30.6B
Good Will918.4M1.1B1.1B1.2B17.8B18.7B
Other Liab38.4B33.8B33.3B34.4B30.9B32.1B
Net Tangible Assets(31.1B)(15.7B)(7.7B)(2.7B)(2.5B)(2.6B)
Long Term Debt68.0B88.9B59.9B50.1B47.5B56.9B
Short Long Term Debt39.2B9.1B19.1B25.2B53.7B31.0B
Property Plant Equipment109.0B99.4B97.0B94.6B85.1B88.9B
Long Term Debt Total81.9B100.4B70.0B59.1B53.2B60.9B
Non Current Liabilities Other40.1M28.0B26.1B25.8B24.3B14.6B
Cash And Equivalents170.8M285.9M132.4M10.6B12.2B12.8B
Capital Lease Obligations16.9B14.4B12.2B10.4B11.5B10.3B
Net Invested Capital94.4B99.2B88.2B90.5B119.0B107.4B

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Other Information on Investing in Tata Stock

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