Zomato Gross Profit vs Income Before Tax Analysis

ZOMATO Stock   288.25  3.35  1.18%   
Zomato financial indicator trend analysis is more than just analyzing Zomato Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zomato Limited is a good investment. Please check the relationship between Zomato Gross Profit and its Income Before Tax accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zomato 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 estimate.

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 Zomato Limited Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Zomato's Gross Profit and Income Before Tax is -0.43. 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 Zomato Limited, assuming nothing else is changed. The correlation between historical values of Zomato's 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 Zomato Limited 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., Zomato's Gross Profit and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zomato Limited minus its cost of goods sold. It is profit before Zomato 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 Zomato income statement and is an important metric when analyzing Zomato Limited 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 Zomato's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zomato Limited 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zomato 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 estimate.
As of December 14, 2024, Selling General Administrative is expected to decline to about 1.7 B. The current year's Tax Provision is expected to grow to about (570 M)
 2021 2022 2023 2024 (projected)
Gross Profit36.7B56.8B31.3B28.6B
Total Revenue41.9B70.8B121.1B127.2B

Zomato fundamental ratios Correlations

0.770.710.821.00.850.940.780.330.56-0.90.940.810.880.050.940.850.840.860.810.840.460.770.931.00.78
0.770.960.970.750.650.851.00.010.93-0.690.830.520.93-0.020.840.550.950.960.720.540.520.630.790.740.78
0.710.960.970.670.680.780.970.110.86-0.710.820.570.910.110.780.430.870.920.680.420.660.720.780.680.84
0.820.970.970.790.80.880.970.220.82-0.810.90.680.950.110.880.610.920.960.810.60.630.80.880.810.86
1.00.750.670.790.830.940.760.290.53-0.880.920.810.870.040.940.860.830.840.790.850.390.740.90.990.73
0.850.650.680.80.830.770.670.610.38-0.860.930.870.740.380.780.750.670.720.910.730.580.950.950.850.82
0.940.850.780.880.940.770.860.150.63-0.860.860.810.960.010.990.80.870.890.770.790.340.730.850.940.67
0.781.00.970.970.760.670.860.020.92-0.70.840.550.94-0.020.850.550.950.960.730.540.530.650.80.750.78
0.330.010.110.220.290.610.150.02-0.17-0.580.390.440.10.360.20.50.170.220.420.50.630.680.450.370.52
0.560.930.860.820.530.380.630.92-0.17-0.420.640.170.75-0.210.60.330.880.850.550.340.470.350.590.50.66
-0.9-0.69-0.71-0.81-0.88-0.86-0.86-0.7-0.58-0.42-0.85-0.87-0.83-0.24-0.91-0.84-0.77-0.83-0.71-0.83-0.6-0.91-0.85-0.92-0.79
0.940.830.820.90.920.930.860.840.390.64-0.850.780.860.20.860.730.850.880.90.720.610.860.980.920.9
0.810.520.570.680.810.870.810.550.440.17-0.870.780.750.420.840.70.520.610.680.680.330.870.790.840.59
0.880.930.910.950.870.740.960.940.10.75-0.830.860.750.00.960.660.890.940.740.650.480.730.850.870.75
0.05-0.020.110.110.040.380.01-0.020.36-0.21-0.240.20.420.00.060.12-0.050.010.080.10.030.50.110.090.11
0.940.840.780.880.940.780.990.850.20.6-0.910.860.840.960.060.80.860.90.720.790.390.760.840.950.69
0.850.550.430.610.860.750.80.550.50.33-0.840.730.70.660.120.80.720.70.71.00.260.710.730.870.53
0.840.950.870.920.830.670.870.950.170.88-0.770.850.520.89-0.050.860.720.990.720.720.540.650.810.820.79
0.860.960.920.960.840.720.890.960.220.85-0.830.880.610.940.010.90.70.990.730.70.610.730.840.850.84
0.810.720.680.810.790.910.770.730.420.55-0.710.90.680.740.080.720.70.720.730.70.510.790.940.790.78
0.840.540.420.60.850.730.790.540.50.34-0.830.720.680.650.10.791.00.720.70.70.260.690.720.860.52
0.460.520.660.630.390.580.340.530.630.47-0.60.610.330.480.030.390.260.540.610.510.260.650.640.450.89
0.770.630.720.80.740.950.730.650.680.35-0.910.860.870.730.50.760.710.650.730.790.690.650.860.790.81
0.930.790.780.880.90.950.850.80.450.59-0.850.980.790.850.110.840.730.810.840.940.720.640.860.910.9
1.00.740.680.810.990.850.940.750.370.5-0.920.920.840.870.090.950.870.820.850.790.860.450.790.910.76
0.780.780.840.860.730.820.670.780.520.66-0.790.90.590.750.110.690.530.790.840.780.520.890.810.90.76
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Zomato Account Relationship Matchups

Zomato fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.0B87.0B173.3B216.0B233.6B123.6B
Short Long Term Debt Total731.8M725.9M703M5.1B7.5B7.9B
Other Current Liab2.7B1.6B500M3.4B7.3B7.7B
Total Current Liabilities7.2B5.2B7.1B14.4B20.8B21.9B
Total Stockholder Equity7.1B81.0B165.1B194.6B204.1B108.4B
Other Liab632.3M424.4M398.1M656M754.4M480.2M
Net Tangible Assets21.0B(10.3B)61.9B152.2B175.0B183.7B
Property Plant And Equipment Net1.0B840.4M1.2B6.4B10.0B10.4B
Current Deferred Revenue4.4B2.0B2.6B3.4B390M370.5M
Net Debt(940.2M)(2.3B)(3.2B)2.9B4.4B4.6B
Retained Earnings(46.7B)(56.0B)(67.3B)(75.1B)(60.2B)(63.3B)
Accounts Payable2.7B3.0B4.3B6.8B8.9B4.7B
Cash1.7B3.1B3.9B2.2B3.1B2.7B
Non Current Assets Total16.4B45.5B97.8B107.7B179.0B187.9B
Non Currrent Assets Other6.6B34.4B(3M)1.3B4.1B3.8B
Other Assets439.3M455.3M30.1B52.9B60.8B63.9B
Cash And Short Term Investments7.9B37.4B67.0B99.2B34.1B44.6B
Net Receivables1.2B1.6B1.6B9.5B7.9B8.3B
Good Will12.1B12.5B12.1B47.2B47.2B49.5B
Common Stock Shares Outstanding4.6B2.4B7.2B8.1B8.8B6.6B
Short Term Investments6.3B34.3B63.1B97.0B31.0B41.9B
Liabilities And Stockholders Equity29.0B87.0B173.3B216.0B233.6B123.6B
Non Current Liabilities Total14.8B927.9M1.2B7.0B8.7B5.4B
Inventory37.3M148.0M397M827M880M924M
Other Current Assets4.5B2.1B7.5B8.8B11.7B6.3B
Other Stockholder Equity45.6B124.0B212.9B247.3B247.1B148.3B
Total Liab22.0B6.1B8.3B21.5B29.5B15.3B
Total Current Assets12.6B41.5B75.5B108.3B54.6B52.4B
Accumulated Other Comprehensive Income5.6B8.4B11.8B14.0B8.6B8.7B
Short Term Debt(1.3B)195M(499M)1.5B1.6B1.7B
Intangible Assets2.8B2.1B799M9.9B7.5B3.8B
Property Plant Equipment1.3B1.0B838.5M1.2B1.3B1.0B
Capital Lease Obligations717.1M712.3M703M4.7B7.5B7.9B
Net Invested Capital7.1B81.0B165.1B195.0B204.1B124.4B
Net Working Capital5.4B36.3B68.3B93.9B33.8B47.7B

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Other Information on Investing in Zomato Stock

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