| ANGHW Stock | | | USD 0.02 0.01 39.19% |
Anghami Warrants financial indicator trend analysis is way more than just evaluating Anghami Warrants prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anghami Warrants is a good investment. Please check the relationship between Anghami Warrants Total Current Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anghami Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Anghami Stock please use our
How to Invest in Anghami Warrants guide.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anghami Warrants Total Current Assets account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anghami Warrants' Total Current Assets and Cash is 0.78. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Anghami Warrants, assuming nothing else is changed. The correlation between historical values of Anghami Warrants' Total Current Assets and Cash 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 Current Assets of Anghami Warrants are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Assets i.e., Anghami Warrants' Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Cash
Cash refers to the most liquid asset of Anghami Warrants, which is listed under current asset account on Anghami Warrants balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Anghami Warrants customers. The amounts must be unrestricted with restricted cash listed in a different Anghami Warrants account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Anghami Warrants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anghami Warrants 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 Anghami Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Anghami Stock please use our
How to Invest in Anghami Warrants guide.
Tax Provision is likely to climb to about 666.2
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 13.8
M in 2024.
Anghami Warrants fundamental ratios Correlations
Click cells to compare fundamentals
Anghami Warrants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anghami Warrants fundamental ratios Accounts
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Additional Tools for Anghami Stock Analysis
When running Anghami Warrants' price analysis, check to
measure Anghami Warrants' 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 Anghami Warrants is operating at the current time. Most of Anghami Warrants' value examination focuses on studying past and present price action to
predict the probability of Anghami Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anghami Warrants' price. Additionally, you may evaluate how the addition of Anghami Warrants to your portfolios can decrease your overall portfolio volatility.