APOLLOHOSP | | | 6,935 192.60 2.86% |
Apollo Hospitals financial indicator trend analysis is way more than just evaluating Apollo Hospitals Ent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Hospitals Ent is a good investment. Please check the relationship between Apollo Hospitals Cost Of Revenue and its Total Other Income Expense Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Hospitals Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Cost Of Revenue vs Total Other Income Expense Net
Cost Of Revenue vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Apollo Hospitals Ent Cost Of Revenue account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Apollo Hospitals' Cost Of Revenue and Total Other Income Expense Net is -0.8. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Apollo Hospitals Enterprise, assuming nothing else is changed. The correlation between historical values of Apollo Hospitals' Cost Of Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Apollo Hospitals Enterprise are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Cost Of Revenue i.e., Apollo Hospitals' Cost Of Revenue and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Apollo Hospitals Ent income statement and represents the costs associated with goods and services Apollo Hospitals provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Total Other Income Expense Net
Most indicators from Apollo Hospitals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Hospitals Ent 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 Apollo Hospitals Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current
Selling General Administrative is estimated to decrease to about 1.4
B. The current
Tax Provision is estimated to decrease to about 2.4
BApollo Hospitals fundamental ratios Correlations
Click cells to compare fundamentals
Apollo Hospitals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apollo Hospitals fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Apollo Stock
Balance Sheet is a snapshot of the
financial position of Apollo Hospitals Ent at a specified time, usually calculated after every quarter, six months, or one year. Apollo Hospitals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Apollo Hospitals 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 Apollo currently owns. An asset can also be divided into two categories, current and non-current.