3MINDIA Stock | | | 31,743 4.45 0.01% |
3M India financial indicator trend analysis is way more than just evaluating 3M India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3M India Limited is a good investment. Please check the relationship between 3M India Selling And Marketing Expenses and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 3M India 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 unemployment.
Selling And Marketing Expenses vs Net Interest Income
Selling And Marketing Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
3M India Limited Selling And Marketing Expenses account and
Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between 3M India's Selling And Marketing Expenses and Net Interest Income is 0.24. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of 3M India Limited, assuming nothing else is changed. The correlation between historical values of 3M India's Selling And Marketing Expenses and Net Interest 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 Selling And Marketing Expenses of 3M India Limited are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Selling And Marketing Expenses i.e., 3M India's Selling And Marketing Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling And Marketing Expenses
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from 3M India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3M India 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in 3M India 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 unemployment.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 221.8
M. In addition to that,
Tax Provision is expected to decline to about 1.5
B3M India fundamental ratios Correlations
Click cells to compare fundamentals
3M India Account Relationship Matchups
High Positive Relationship
High Negative Relationship
3M India fundamental ratios Accounts
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Other Information on Investing in 3MINDIA Stock
Balance Sheet is a snapshot of the
financial position of 3M India Limited at a specified time, usually calculated after every quarter, six months, or one year. 3M India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3M India 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 3MINDIA currently owns. An asset can also be divided into two categories, current and non-current.