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 Operating Income and its Total Operating Expenses 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.
Operating Income vs Total Operating Expenses
Operating Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zomato Limited Operating Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between Zomato's Operating Income and Total Operating Expenses is -0.71. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses 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 Operating Income and Total 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 Operating Income of Zomato Limited are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Zomato's Operating Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Zomato Limited operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Zomato Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.
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 13, 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)
Zomato fundamental ratios Correlations
Click cells to compare fundamentals
Zomato Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zomato fundamental ratios Accounts
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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.