UNO Total Operating Expenses vs Operating Income Analysis

UNOMINDA   1,265  29.40  2.38%   
UNO Minda financial indicator trend analysis is much more than just breaking down UNO Minda Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UNO Minda Limited is a good investment. Please check the relationship between UNO Minda Total Operating Expenses and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UNO Minda 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 gross domestic product.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UNO Minda Limited Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between UNO Minda's Total Operating Expenses and Operating Income is 0.99. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of UNO Minda Limited, assuming nothing else is changed. The correlation between historical values of UNO Minda's Total Operating Expenses and Operating 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 Total Operating Expenses of UNO Minda Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., UNO Minda's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Operating Income

Operating Income is the amount of profit realized from UNO Minda 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 UNO Minda 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.
Most indicators from UNO Minda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UNO Minda 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 World Market Map to better understand how to build diversified portfolios, which includes a position in UNO Minda 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 gross domestic product.
The current year's Selling General Administrative is expected to grow to about 26.5 B, whereas Tax Provision is forecasted to decline to about 1.9 B.
 2022 2023 2024 2025 (projected)
Interest Expense684M1.1B1.7B1.8B
Depreciation And Amortization4.3B5.3B6.1B6.5B

UNO Minda fundamental ratios Correlations

0.970.860.990.990.990.971.00.831.00.90.651.00.70.330.950.990.640.991.00.990.740.960.950.320.98
0.970.820.960.950.991.00.960.810.980.880.610.960.650.310.980.930.670.980.960.980.660.930.860.360.97
0.860.820.840.90.850.830.820.50.840.90.250.880.440.00.730.880.820.820.890.870.390.850.86-0.060.92
0.990.960.840.980.990.950.990.830.990.880.660.990.710.30.930.980.620.990.990.980.740.950.930.380.97
0.990.950.90.980.980.950.990.790.990.920.611.00.670.310.920.990.660.981.00.970.710.970.970.240.99
0.990.990.850.990.980.980.990.821.00.890.630.990.680.310.970.970.680.990.990.990.710.940.920.340.98
0.971.00.830.950.950.980.950.760.970.890.560.960.620.270.980.930.690.970.960.980.620.930.850.320.97
1.00.960.820.990.990.990.950.861.00.880.710.990.740.40.940.990.590.990.990.970.780.960.950.360.96
0.830.810.50.830.790.820.760.860.840.620.930.80.770.560.850.790.340.850.80.80.840.740.760.560.74
1.00.980.840.990.991.00.971.00.840.880.670.990.70.360.960.980.631.00.990.980.760.960.940.350.98
0.90.880.90.880.920.890.890.880.620.880.430.910.510.250.820.90.680.870.910.90.470.890.850.010.94
0.650.610.250.660.610.630.560.710.930.670.430.620.780.720.680.630.050.670.620.60.880.60.620.560.53
1.00.960.880.991.00.990.960.990.80.990.910.620.690.310.930.990.650.991.00.990.710.970.950.290.99
0.70.650.440.710.670.680.620.740.770.70.510.780.690.490.670.690.310.710.680.670.680.660.670.420.59
0.330.310.00.30.310.310.270.40.560.360.250.720.310.490.410.34-0.270.340.290.260.650.380.370.370.24
0.950.980.730.930.920.970.980.940.850.960.820.680.930.670.410.90.610.960.930.950.720.90.830.440.93
0.990.930.880.980.990.970.930.990.790.980.90.630.990.690.340.90.60.970.990.960.750.970.980.260.97
0.640.670.820.620.660.680.690.590.340.630.680.050.650.31-0.270.610.60.630.660.690.120.580.570.010.72
0.990.980.820.990.980.990.970.990.851.00.870.670.990.710.340.960.970.630.990.990.740.950.920.40.97
1.00.960.890.991.00.990.960.990.80.990.910.621.00.680.290.930.990.660.990.990.710.960.950.280.99
0.990.980.870.980.970.990.980.970.80.980.90.60.990.670.260.950.960.690.990.990.650.940.890.320.98
0.740.660.390.740.710.710.620.780.840.760.470.880.710.680.650.720.750.120.740.710.650.720.780.570.63
0.960.930.850.950.970.940.930.960.740.960.890.60.970.660.380.90.970.580.950.960.940.720.930.220.96
0.950.860.860.930.970.920.850.950.760.940.850.620.950.670.370.830.980.570.920.950.890.780.930.180.92
0.320.36-0.060.380.240.340.320.360.560.350.010.560.290.420.370.440.260.010.40.280.320.570.220.180.22
0.980.970.920.970.990.980.970.960.740.980.940.530.990.590.240.930.970.720.970.990.980.630.960.920.22
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UNO Minda Account Relationship Matchups

UNO Minda fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets59.8B68.3B83.1B99.0B117.4B123.3B
Short Long Term Debt Total11.6B9.4B14.0B17.1B24.7B26.0B
Other Current Liab63.5M3.3B4.6B5.7B8.1B8.5B
Total Current Liabilities25.3B23.4B29.5B36.7B40.6B42.6B
Total Stockholder Equity22.6B34.4B41.6B49.4B57.3B60.1B
Property Plant And Equipment Net23.8B26.1B30.2B35.6B48.9B51.4B
Net Debt9.5B7.4B12.7B14.7B22.7B23.8B
Accounts Payable12.9B14.1B17.0B19.9B21.6B22.7B
Cash2.1B2.0B1.2B2.4B2.0B2.1B
Non Current Assets Total35.6B38.8B47.4B53.9B66.4B69.7B
Non Currrent Assets Other9.8M607.2M2.1B2.6B3.2B3.4B
Cash And Short Term Investments2.4B2.5B1.8B2.7B2.1B1.1B
Net Receivables12.1B13.9B17.9B22.5B25.0B26.2B
Common Stock Shares Outstanding557.4M565.0M574.9M574.3M575.9M517.5M
Short Term Investments334.1M312.1M575.4M277.3M31.8M30.2M
Liabilities And Stockholders Equity59.8B68.3B83.1B99.0B117.4B123.3B
Non Current Liabilities Total9.0B7.2B9.2B9.6B15.7B16.5B
Inventory8.2B11.2B14.2B17.5B17.2B18.0B
Other Current Assets1.5B2.1B1.8B2.4B6.9B7.2B
Total Liab34.1B30.7B38.7B46.4B56.3B59.1B
Total Current Assets24.2B29.6B35.7B45.1B51.1B53.6B
Accumulated Other Comprehensive Income3.0B3.4B2.3B2.9B1.4B2.1B
Short Term Debt5.3B4.6B6.9B9.0B10.9B11.4B
Intangible Assets3.1B3.0B2.7B2.5B2.3B1.4B
Common Stock543.9M571.2M1.1B1.1B1.1B1.2B
Other Stockholder Equity6.3B14.4B14.3B14.9B15.0B15.7B
Current Deferred Revenue7.0B1.2B792.1M1.6B1.8B1.9B
Retained Earnings12.8B16.0B23.8B30.4B39.7B41.7B
Good Will2.8B2.8B3.1B3.4B3.5B1.7B
Long Term Debt5.4B6.4B9.7B7.0B12.4B8.9B
Capital Lease Obligations1.1B1.3B1.4B1.3B1.8B1.5B
Net Invested Capital33.1B42.6B54.1B65.2B80.2B56.0B
Property Plant And Equipment Gross34.6B39.4B47.7B35.6B48.9B43.8B
Short Long Term Debt5.1B1.8B2.8B8.8B10.6B6.1B
Capital Stock543.9M571.2M1.1B1.1B1.1B931.7M
Non Current Liabilities Other162.4M306.9M7.3M153.9M161.8M149.8M
Net Working Capital(1.1B)8.8B10.0B8.4B10.5B6.2B

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Other Information on Investing in UNO Stock

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