Thirumalai Gross Profit vs Other Operating Expenses Analysis

TIRUMALCHM

375.60 26.40 7.56%

Thirumalai Chemicals financial indicator trend analysis is much more than just breaking down Thirumalai Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thirumalai Chemicals is a good investment. Please check the relationship between Thirumalai Chemicals Gross Profit and its Other Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thirumalai Chemicals 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 population.

Gross Profit vs Other Operating Expenses

Gross Profit vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thirumalai Chemicals Gross Profit account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Thirumalai Chemicals' Gross Profit and Other Operating Expenses is 0.61. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Thirumalai Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Thirumalai Chemicals' Gross Profit and Other Operating Expenses 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 Thirumalai Chemicals Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Gross Profit i.e., Thirumalai Chemicals' Gross Profit and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Thirumalai Chemicals Limited minus its cost of goods sold. It is profit before Thirumalai 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Thirumalai Chemicals. It is also known as Thirumalai Chemicals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Thirumalai Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thirumalai Chemicals 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 Thirumalai Chemicals 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 population.

The value of Selling General Administrative is expected to slide to about 126.8 M. The value of Tax Provision is estimated to slide to about 40.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	169.1M	312.5M	417.1M	438.0M
Depreciation And Amortization	566.3M	556.8M	632M	341.8M

Interest Expense Depreciation And Amortization

Thirumalai Chemicals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.91	0.75	0.93	0.9	0.98	0.15	0.68	0.9	0.91	0.91	0.99	0.86	0.87	-0.22	-0.81	0.91	0.62	0.97	-0.37	0.96	0.95	0.73	-0.81	0.74	0.93
Short Long Term Debt Total	0.91		0.83	0.89	0.65	0.94	-0.23	0.92	0.64	0.74	0.71	0.93	0.96	0.61	0.02	-0.91	0.98	0.43	0.93	-0.3	0.98	0.8	0.85	-0.91	0.46	0.71
Other Current Liab	0.75	0.83		0.74	0.53	0.8	-0.27	0.77	0.52	0.54	0.57	0.79	0.84	0.48	-0.1	-0.8	0.82	0.25	0.79	0.0	0.82	0.62	0.67	-0.8	0.32	0.57
Total Current Liabilities	0.93	0.89	0.74		0.74	0.9	-0.01	0.73	0.74	0.91	0.8	0.89	0.88	0.76	0.06	-0.76	0.83	0.72	0.9	-0.25	0.95	0.92	0.89	-0.76	0.54	0.77
Total Stockholder Equity	0.9	0.65	0.53	0.74		0.85	0.54	0.32	1.0	0.87	0.94	0.87	0.6	0.96	-0.49	-0.55	0.69	0.65	0.84	-0.43	0.74	0.9	0.44	-0.56	0.91	0.99
Property Plant And Equipment Net	0.98	0.94	0.8	0.9	0.85		0.03	0.75	0.84	0.84	0.86	1.0	0.88	0.79	-0.25	-0.86	0.95	0.51	0.97	-0.33	0.97	0.88	0.73	-0.86	0.7	0.89
Current Deferred Revenue	0.15	-0.23	-0.27	-0.01	0.54	0.03		-0.55	0.56	0.3	0.44	0.07	-0.22	0.58	-0.55	0.33	-0.19	0.42	0.06	-0.3	-0.11	0.31	-0.3	0.33	0.6	0.46
Net Debt	0.68	0.92	0.77	0.73	0.32	0.75	-0.55		0.31	0.47	0.37	0.73	0.91	0.25	0.21	-0.86	0.87	0.21	0.75	-0.18	0.84	0.52	0.84	-0.86	0.13	0.4
Retained Earnings	0.9	0.64	0.52	0.74	1.0	0.84	0.56	0.31		0.87	0.95	0.86	0.59	0.96	-0.49	-0.54	0.68	0.66	0.84	-0.44	0.74	0.9	0.43	-0.54	0.91	0.99
Accounts Payable	0.91	0.74	0.54	0.91	0.87	0.84	0.3	0.47	0.87		0.9	0.85	0.69	0.89	-0.09	-0.61	0.72	0.79	0.82	-0.25	0.84	0.96	0.64	-0.61	0.74	0.88
Cash	0.91	0.71	0.57	0.8	0.94	0.86	0.44	0.37	0.95	0.9		0.86	0.62	0.98	-0.33	-0.6	0.74	0.63	0.84	-0.38	0.8	0.95	0.5	-0.6	0.83	0.95
Non Current Assets Total	0.99	0.93	0.79	0.89	0.87	1.0	0.07	0.73	0.86	0.85	0.86		0.87	0.8	-0.27	-0.85	0.94	0.53	0.98	-0.35	0.96	0.89	0.72	-0.85	0.72	0.91
Non Currrent Assets Other	0.86	0.96	0.84	0.88	0.6	0.88	-0.22	0.91	0.59	0.69	0.62	0.87		0.56	0.02	-0.84	0.9	0.46	0.92	-0.23	0.93	0.75	0.89	-0.84	0.38	0.65
Cash And Short Term Investments	0.87	0.61	0.48	0.76	0.96	0.79	0.58	0.25	0.96	0.89	0.98	0.8	0.56		-0.39	-0.48	0.63	0.7	0.78	-0.38	0.72	0.93	0.45	-0.48	0.86	0.94
Net Receivables	-0.22	0.02	-0.1	0.06	-0.49	-0.25	-0.55	0.21	-0.49	-0.09	-0.33	-0.27	0.02	-0.39		0.06	-0.08	0.09	-0.24	0.11	-0.02	-0.1	0.25	0.06	-0.55	-0.45
Common Stock Shares Outstanding	-0.81	-0.91	-0.8	-0.76	-0.55	-0.86	0.33	-0.86	-0.54	-0.61	-0.6	-0.85	-0.84	-0.48	0.06		-0.93	-0.17	-0.83	0.19	-0.89	-0.67	-0.71	1.0	-0.3	-0.63
Non Current Liabilities Total	0.91	0.98	0.82	0.83	0.69	0.95	-0.19	0.87	0.68	0.72	0.74	0.94	0.9	0.63	-0.08	-0.93		0.34	0.92	-0.32	0.97	0.78	0.74	-0.93	0.52	0.76
Inventory	0.62	0.43	0.25	0.72	0.65	0.51	0.42	0.21	0.66	0.79	0.63	0.53	0.46	0.7	0.09	-0.17	0.34		0.57	-0.31	0.54	0.77	0.54	-0.17	0.59	0.61
Other Current Assets	0.97	0.93	0.79	0.9	0.84	0.97	0.06	0.75	0.84	0.82	0.84	0.98	0.92	0.78	-0.24	-0.83	0.92	0.57		-0.38	0.95	0.89	0.77	-0.83	0.66	0.87
Other Stockholder Equity	-0.37	-0.3	0.0	-0.25	-0.43	-0.33	-0.3	-0.18	-0.44	-0.25	-0.38	-0.35	-0.23	-0.38	0.11	0.19	-0.32	-0.31	-0.38		-0.3	-0.39	-0.22	0.19	-0.37	-0.39
Total Liab	0.96	0.98	0.82	0.95	0.74	0.97	-0.11	0.84	0.74	0.84	0.8	0.96	0.93	0.72	-0.02	-0.89	0.97	0.54	0.95	-0.3		0.88	0.84	-0.89	0.55	0.8
Total Current Assets	0.95	0.8	0.62	0.92	0.9	0.88	0.31	0.52	0.9	0.96	0.95	0.89	0.75	0.93	-0.1	-0.67	0.78	0.77	0.89	-0.39	0.88		0.69	-0.67	0.73	0.91
Short Term Debt	0.73	0.85	0.67	0.89	0.44	0.73	-0.3	0.84	0.43	0.64	0.5	0.72	0.89	0.45	0.25	-0.71	0.74	0.54	0.77	-0.22	0.84	0.69		-0.71	0.2	0.46
Common Stock	-0.81	-0.91	-0.8	-0.76	-0.56	-0.86	0.33	-0.86	-0.54	-0.61	-0.6	-0.85	-0.84	-0.48	0.06	1.0	-0.93	-0.17	-0.83	0.19	-0.89	-0.67	-0.71		-0.3	-0.63
Other Liab	0.74	0.46	0.32	0.54	0.91	0.7	0.6	0.13	0.91	0.74	0.83	0.72	0.38	0.86	-0.55	-0.3	0.52	0.59	0.66	-0.37	0.55	0.73	0.2	-0.3		0.9
Net Tangible Assets	0.93	0.71	0.57	0.77	0.99	0.89	0.46	0.4	0.99	0.88	0.95	0.91	0.65	0.94	-0.45	-0.63	0.76	0.61	0.87	-0.39	0.8	0.91	0.46	-0.63	0.9

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Thirumalai Chemicals Account Relationship Matchups

Thirumalai Chemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.0B	13.4B	18.6B	23.6B	33.2B	34.9B
Short Long Term Debt Total	2.0B	1.8B	1.7B	5.1B	12.5B	13.1B
Other Current Liab	224.7M	333.6M	296.1M	652.8M	1.5B	1.6B
Total Current Liabilities	3.0B	3.0B	5.6B	8.7B	10.3B	10.8B
Total Stockholder Equity	6.4B	8.0B	10.9B	11.9B	11.5B	12.0B
Property Plant And Equipment Net	6.4B	6.4B	6.8B	10.8B	19.1B	20.1B
Current Deferred Revenue	251.3M	463.5M	623.9M	609.5M	33.7M	32.0M
Net Debt	(52.4M)	(438.8M)	(2.6B)	1.6B	8.5B	8.9B
Retained Earnings	4.3B	5.5B	8.0B	8.7B	8.1B	8.6B
Accounts Payable	2.6B	2.3B	4.6B	5.0B	5.2B	5.4B
Cash	2.0B	2.3B	4.2B	3.5B	4.1B	4.3B
Non Current Assets Total	7.0B	7.7B	8.3B	13.1B	21.9B	23.0B
Non Currrent Assets Other	20.5M	4.8M	5.2M	878.8M	1.4B	1.4B
Cash And Short Term Investments	2.1B	3.2B	5.5B	5.5B	4.5B	4.7B
Net Receivables	1.1B	894.5M	1.6B	1.0B	1.8B	1.4B
Liabilities And Stockholders Equity	12.0B	13.4B	18.6B	23.6B	33.2B	34.9B
Non Current Liabilities Total	2.6B	2.4B	2.2B	3.0B	11.5B	12.0B
Inventory	1.5B	1.3B	2.4B	3.2B	2.5B	1.8B
Other Current Assets	531.3M	304.9M	799.3M	1.7B	2.5B	2.7B
Total Liab	5.6B	5.4B	7.8B	11.7B	21.7B	22.8B
Total Current Assets	5.0B	5.7B	10.3B	10.5B	11.3B	11.9B
Accumulated Other Comprehensive Income	(1.3B)	2.3B	2.5B	2.9B	3.0B	3.2B
Short Term Debt	101.3M	111.4M	277.7M	3.0B	3.6B	3.8B
Other Liab	769.4M	813.2M	840.1M	886M	1.0B	645.0M
Net Tangible Assets	6.7B	6.4B	8.0B	10.8B	12.5B	13.1B
Other Assets	194.8M	159.9M	420.3M	186.4M	214.4M	297.7M
Long Term Debt	1.8B	1.6B	1.4B	1.5B	8.1B	8.5B
Short Long Term Debt	131.4M	245.5M	255.5M	2.9B	3.5B	3.7B
Property Plant Equipment	6.3B	6.4B	6.6B	10.8B	12.4B	13.0B
Long Term Debt Total	1.8B	1.6B	1.4B	2.1B	2.5B	2.6B
Short Term Investments	78.7M	983.1M	1.3B	2.0B	431M	788.2M
Intangible Assets	3.2M	1.2M	600K	1.9M	1.7M	1.6M
Net Invested Capital	8.4B	8.0B	12.5B	16.3B	23.1B	12.9B
Net Working Capital	2.0B	2.7B	4.8B	1.9B	1.0B	997.4M
Cash And Equivalents	1.7B	938M	2.4B	1.0B	1.2B	1.4B

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Other Information on Investing in Thirumalai Stock

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

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Thirumalai Gross Profit vs Other Operating Expenses Analysis

Gross Profit vs Other Operating Expenses

Gross Profit vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Gross Profit

Other Operating Expenses

Thirumalai Chemicals fundamental ratios Correlations

Thirumalai Chemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thirumalai Chemicals fundamental ratios Accounts

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Other Information on Investing in Thirumalai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Retained Earnings

Common Stock	- 0.93	Non Current Liabilities Total
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding
Common Stock	- 0.91	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.91	Short Long Term Debt Total
Common Stock	- 0.89	Total Liab
Total Liab	- 0.89	Common Stock Shares Outstanding