India Operating Income vs Net Income Analysis

IGC Stock

USD 0.56 0.01 1.84%

India Globalization financial indicator trend analysis is infinitely more than just investigating India Globalization recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether India Globalization is a good investment. Please check the relationship between India Globalization Operating Income and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of India Globalization Operating Income account and Net Income. At this time, the significance of the direction appears to have totally related.

The correlation between India Globalization's Operating Income and Net Income is 0.99. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of India Globalization Capital, assuming nothing else is changed. The correlation between historical values of India Globalization's Operating Income and Net Income 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 India Globalization Capital are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., India Globalization's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from India Globalization 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 India Globalization Capital 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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in India Globalization financial statement analysis. It represents the amount of money remaining after all of India Globalization Capital operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from India Globalization's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into India Globalization 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

The current year's Enterprise Value is expected to grow to about 16.7 M, whereas Selling General Administrative is forecasted to decline to about 5.1 M.

India Globalization fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Net	Current Deferred Revenue	Accounts Payable	Good Will
Total Assets		-0.41	0.6	0.24	0.97	-0.29	0.46	0.25	-0.5	0.94	-0.02	-0.22	0.84	0.7	-0.23	-0.03	0.66	0.96	-0.27	-0.03	-0.26	0.69	0.24	0.83	0.8	0.83
Short Long Term Debt Total	-0.41		-0.08	0.16	-0.54	0.66	0.49	-0.6	0.45	-0.4	-0.82	-0.68	-0.17	0.19	0.57	0.82	0.24	-0.42	0.77	-0.82	-0.49	0.24	-0.4	-0.15	-0.44	-0.1
Other Current Liab	0.6	-0.08		0.25	0.5	0.17	0.33	-0.21	-0.54	0.66	-0.13	-0.15	0.74	0.69	-0.17	0.09	0.66	0.65	0.07	-0.12	-0.31	0.59	-0.06	0.75	0.77	0.74
Total Current Liabilities	0.24	0.16	0.25		0.06	0.36	0.18	-0.35	0.32	0.04	-0.14	-0.18	0.19	0.35	0.45	0.17	0.52	0.06	0.35	-0.13	0.21	0.46	0.25	0.21	0.19	0.25
Total Stockholder Equity	0.97	-0.54	0.5	0.06		-0.5	0.31	0.46	-0.54	0.92	0.15	-0.07	0.74	0.52	-0.35	-0.2	0.47	0.95	-0.42	0.13	-0.23	0.55	0.3	0.72	0.76	0.71
Net Debt	-0.29	0.66	0.17	0.36	-0.5		0.34	-0.99	0.2	-0.26	-0.59	-0.43	0.14	0.39	0.41	0.63	0.42	-0.3	0.55	-0.56	-0.28	0.24	-0.22	0.15	-0.03	0.19
Retained Earnings	0.46	0.49	0.33	0.18	0.31	0.34		-0.33	-0.16	0.5	-0.84	-0.92	0.63	0.81	0.24	0.73	0.79	0.46	0.48	-0.85	-0.7	0.71	-0.33	0.63	0.28	0.66
Cash	0.25	-0.6	-0.21	-0.35	0.46	-0.99	-0.33		-0.15	0.21	0.56	0.41	-0.19	-0.42	-0.38	-0.59	-0.45	0.25	-0.51	0.53	0.28	-0.25	0.19	-0.2	-0.04	-0.23
Non Current Assets Total	-0.5	0.45	-0.54	0.32	-0.54	0.2	-0.16	-0.15		-0.74	-0.2	-0.15	-0.69	-0.36	0.7	0.29	-0.23	-0.69	0.16	-0.19	0.31	-0.18	0.3	-0.67	-0.58	-0.62
Cash And Short Term Investments	0.94	-0.4	0.66	0.04	0.92	-0.26	0.5	0.21	-0.74		-0.05	-0.22	0.92	0.72	-0.38	-0.03	0.65	0.99	-0.19	-0.06	-0.4	0.62	0.02	0.91	0.82	0.89
Common Stock Total Equity	-0.02	-0.82	-0.13	-0.14	0.15	-0.59	-0.84	0.56	-0.2	-0.05		0.94	-0.27	-0.6	-0.48	-0.96	-0.6	-0.01	-0.69	1.0	0.63	-0.51	0.46	-0.28	0.03	-0.33
Common Stock Shares Outstanding	-0.22	-0.68	-0.15	-0.18	-0.07	-0.43	-0.92	0.41	-0.15	-0.22	0.94		-0.38	-0.68	-0.45	-0.84	-0.68	-0.2	-0.55	0.95	0.67	-0.63	0.28	-0.38	-0.06	-0.43
Short Term Investments	0.84	-0.17	0.74	0.19	0.74	0.14	0.63	-0.19	-0.69	0.92	-0.27	-0.38		0.89	-0.24	0.2	0.83	0.89	0.0	-0.26	-0.49	0.71	-0.05	1.0	0.84	0.99
Non Current Liabilities Total	0.7	0.19	0.69	0.35	0.52	0.39	0.81	-0.42	-0.36	0.72	-0.6	-0.68	0.89		0.11	0.55	0.98	0.7	0.29	-0.6	-0.53	0.84	-0.15	0.9	0.66	0.92
Other Current Assets	-0.23	0.57	-0.17	0.45	-0.35	0.41	0.24	-0.38	0.7	-0.38	-0.48	-0.45	-0.24	0.11		0.5	0.23	-0.37	0.46	-0.47	-0.06	0.08	0.08	-0.23	-0.39	-0.18
Other Stockholder Equity	-0.03	0.82	0.09	0.17	-0.2	0.63	0.73	-0.59	0.29	-0.03	-0.96	-0.84	0.2	0.55	0.5		0.55	-0.07	0.65	-0.95	-0.52	0.46	-0.43	0.21	-0.04	0.27
Total Liab	0.66	0.24	0.66	0.52	0.47	0.42	0.79	-0.45	-0.23	0.65	-0.6	-0.68	0.83	0.98	0.23	0.55		0.63	0.37	-0.6	-0.48	0.88	-0.06	0.84	0.62	0.87
Total Current Assets	0.96	-0.42	0.65	0.06	0.95	-0.3	0.46	0.25	-0.69	0.99	-0.01	-0.2	0.89	0.7	-0.37	-0.07	0.63		-0.24	-0.02	-0.39	0.65	0.12	0.88	0.82	0.87
Short Term Debt	-0.27	0.77	0.07	0.35	-0.42	0.55	0.48	-0.51	0.16	-0.19	-0.69	-0.55	0.0	0.29	0.46	0.65	0.37	-0.24		-0.69	-0.35	0.31	-0.63	0.01	-0.28	0.05
Common Stock	-0.03	-0.82	-0.12	-0.13	0.13	-0.56	-0.85	0.53	-0.19	-0.06	1.0	0.95	-0.26	-0.6	-0.47	-0.95	-0.6	-0.02	-0.69		0.65	-0.52	0.45	-0.27	0.04	-0.32
Non Currrent Assets Other	-0.26	-0.49	-0.31	0.21	-0.23	-0.28	-0.7	0.28	0.31	-0.4	0.63	0.67	-0.49	-0.53	-0.06	-0.52	-0.48	-0.39	-0.35	0.65		-0.55	0.2	-0.48	-0.19	-0.5
Net Receivables	0.69	0.24	0.59	0.46	0.55	0.24	0.71	-0.25	-0.18	0.62	-0.51	-0.63	0.71	0.84	0.08	0.46	0.88	0.65	0.31	-0.52	-0.55		0.06	0.73	0.54	0.76
Property Plant And Equipment Net	0.24	-0.4	-0.06	0.25	0.3	-0.22	-0.33	0.19	0.3	0.02	0.46	0.28	-0.05	-0.15	0.08	-0.43	-0.06	0.12	-0.63	0.45	0.2	0.06		-0.05	0.19	-0.05
Current Deferred Revenue	0.83	-0.15	0.75	0.21	0.72	0.15	0.63	-0.2	-0.67	0.91	-0.28	-0.38	1.0	0.9	-0.23	0.21	0.84	0.88	0.01	-0.27	-0.48	0.73	-0.05		0.82	1.0
Accounts Payable	0.8	-0.44	0.77	0.19	0.76	-0.03	0.28	-0.04	-0.58	0.82	0.03	-0.06	0.84	0.66	-0.39	-0.04	0.62	0.82	-0.28	0.04	-0.19	0.54	0.19	0.82		0.81
Good Will	0.83	-0.1	0.74	0.25	0.71	0.19	0.66	-0.23	-0.62	0.89	-0.33	-0.43	0.99	0.92	-0.18	0.27	0.87	0.87	0.05	-0.32	-0.5	0.76	-0.05	1.0	0.81

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India Globalization Account Relationship Matchups

India Globalization fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.0M	35.9M	26.8M	17.2M	15.5M	25.6M
Short Long Term Debt Total	535K	985K	488K	481K	432.9K	411.3K
Other Current Liab	298K	430K	1.5M	358K	411.7K	432.3K
Total Current Liabilities	1.9M	2.4M	2.4M	1.9M	1.7M	3.4M
Total Stockholder Equity	26.5M	32.8M	23.9M	14.9M	13.4M	17.9M
Net Debt	(6.7M)	(13.6M)	(10.0M)	(2.7M)	(2.4M)	(2.6M)
Retained Earnings	(65.4M)	(74.1M)	(89.2M)	(100.7M)	(90.6M)	(86.1M)
Cash	7.3M	14.5M	10.5M	3.2M	3.7M	5.0M
Non Current Assets Total	11.2M	12.4M	11.7M	10.7M	9.6M	11.2M
Cash And Short Term Investments	12.3M	14.6M	10.5M	3.4M	3.0M	2.9M
Common Stock Total Equity	63.9M	94.0M	94.8M	109.7M	126.2M	132.5M
Common Stock Shares Outstanding	39.5M	42.0M	50.0M	52.6M	60.5M	63.5M
Short Term Investments	781K	5.1M	80K	154K	138.6K	131.7K
Liabilities And Stockholders Equity	29.0M	35.9M	26.8M	17.2M	15.5M	25.6M
Non Current Liabilities Total	15K	501K	696K	369K	332.1K	315.5K
Other Current Assets	1.0M	196K	506K	358K	322.2K	306.1K
Other Stockholder Equity	150K	(2.8M)	(3.0M)	(3.4M)	(3.1M)	(2.9M)
Total Liab	2.4M	3.1M	2.9M	2.3M	2.0M	1.9M
Total Current Assets	17.8M	23.5M	15.1M	6.5M	5.8M	5.5M
Common Stock	94.8M	109.7M	116.0M	119.0M	136.8M	143.7M
Non Currrent Assets Other	610K	603K	937K	1.0M	902.7K	1.4M
Net Receivables	133K	1.9M	597K	131K	117.9K	112.0K
Property Plant And Equipment Net	10.4M	11.3M	9.9M	8.5M	9.8M	7.5M
Accounts Payable	762K	476K	981K	530K	477K	524.9K
Inventory	4.2M	5.5M	3.5M	2.7M	3.0M	1.6M
Property Plant And Equipment Gross	10.4M	11.3M	13.1M	10.5M	12.0M	7.9M
Accumulated Other Comprehensive Income	(2.9M)	(2.8M)	(3.0M)	(3.4M)	(3.1M)	(3.2M)
Net Tangible Assets	26.3M	32.4M	23.0M	13.7M	15.8M	18.9M
Other Assets	610K	603K	(1K)	1.0M	902.7K	1.1M
Retained Earnings Total Equity	(53.8M)	(58.1M)	(65.4M)	(74.1M)	(66.7M)	(70.1M)

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards India Globalization in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, India Globalization's short interest history, or implied volatility extrapolated from India Globalization options trading.

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When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock:

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Is India Stock a good investment?

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What is India Globalization's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the India Globalization information on this page should be used as a complementary analysis to other India Globalization's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running India Globalization's price analysis, check to measure India Globalization's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy India Globalization is operating at the current time. Most of India Globalization's value examination focuses on studying past and present price action to predict the probability of India Globalization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Globalization's price. Additionally, you may evaluate how the addition of India Globalization to your portfolios can decrease your overall portfolio volatility.

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Is India Globalization's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.26)

Revenue Per Share

0.022

Quarterly Revenue Growth

(0.39)

Return On Assets

(0.44)

Return On Equity

(1.03)

The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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India Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

India Globalization fundamental ratios Correlations

India Globalization Account Relationship Matchups

High Positive Relationship

High Negative Relationship

India Globalization fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for India Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 1.0	Common Stock Total Equity
Current Deferred Revenue	+ 1.0	Short Term Investments
Good Will	+ 1.0	Current Deferred Revenue
Total Current Assets	+ 0.99	Cash And Short Term Investments
Good Will	+ 0.99	Short Term Investments
Total Liab	+ 0.98	Non Current Liabilities Total

Cash	- 0.99	Net Debt
Other Stockholder Equity	- 0.96	Common Stock Total Equity
Common Stock	- 0.95	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.92	Retained Earnings
Common Stock	- 0.85	Retained Earnings
Other Stockholder Equity	- 0.84	Common Stock Shares Outstanding