Aeries Net Working Capital vs Long Term Investments Analysis
AERT Stock | USD 1.05 0.10 8.70% |
Aeries Technology financial indicator trend analysis is way more than just evaluating Aeries Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aeries Technology is a good investment. Please check the relationship between Aeries Technology Net Working Capital and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aeries Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aeries Stock please use our How to Invest in Aeries Technology guide.
Net Working Capital vs Long Term Investments
Net Working Capital vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aeries Technology Net Working Capital account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aeries Technology's Net Working Capital and Long Term Investments is 0.83. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Aeries Technology, assuming nothing else is changed. The correlation between historical values of Aeries Technology's Net Working Capital and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of Aeries Technology are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Working Capital i.e., Aeries Technology's Net Working Capital and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Working Capital
Long Term Investments
Long Term Investments is an item on the asset side of Aeries Technology balance sheet that represents investments Aeries Technology intends to hold for over a year. Aeries Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Aeries Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aeries Technology 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 Aeries Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Aeries Stock please use our How to Invest in Aeries Technology guide.Tax Provision is likely to drop to about 1.5 M in 2024. Selling General Administrative is likely to drop to about 13 M in 2024
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 1.1M | 1.2M | 1.4M | 1.3M | Interest Income | 284K | 191K | 275K | 200K |
Aeries Technology fundamental ratios Correlations
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Aeries Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Aeries Stock Analysis
When running Aeries Technology's price analysis, check to measure Aeries Technology'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 Aeries Technology is operating at the current time. Most of Aeries Technology's value examination focuses on studying past and present price action to predict the probability of Aeries Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeries Technology's price. Additionally, you may evaluate how the addition of Aeries Technology to your portfolios can decrease your overall portfolio volatility.