| TVSELECT | | | 343.15 6.70 1.99% |
TVS Electronics financial indicator trend analysis is much more than just breaking down TVS Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TVS Electronics is a good investment. Please check the relationship between TVS Electronics Total Operating Expenses and its Interest Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TVS Electronics 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 bureau of economic analysis.
Total Operating Expenses vs Interest Expense
Total Operating Expenses vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TVS Electronics Total Operating Expenses account and
Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TVS Electronics' Total Operating Expenses and Interest Expense is -0.26. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Interest Expense in the same time period over historical financial statements of TVS Electronics Limited, assuming nothing else is changed. The correlation between historical values of TVS Electronics' Total Operating Expenses and Interest Expense 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 Operating Expenses of TVS Electronics Limited are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Operating Expenses i.e., TVS Electronics' Total Operating Expenses and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from TVS Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TVS Electronics 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 TVS Electronics 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 bureau of economic analysis.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 95.4
M. The current year's
Tax Provision is expected to grow to about (9
M)
TVS Electronics fundamental ratios Correlations
Click cells to compare fundamentals
TVS Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TVS Electronics fundamental ratios Accounts
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Other Information on Investing in TVS Stock
Balance Sheet is a snapshot of the
financial position of TVS Electronics at a specified time, usually calculated after every quarter, six months, or one year. TVS Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TVS Electronics 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 TVS currently owns. An asset can also be divided into two categories, current and non-current.