APOLLOHOSP | | | 7,077 1.55 0.02% |
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 Short Term Investments and its Property Plant And Equipment 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.
Short Term Investments vs Property Plant And Equipment Net
Short Term Investments vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Apollo Hospitals Ent Short Term Investments account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apollo Hospitals' Short Term Investments and Property Plant And Equipment Net is 0.72. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment 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' Short Term Investments and Property Plant And Equipment 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 Short Term Investments of Apollo Hospitals Enterprise are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Apollo Hospitals' Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Apollo Hospitals balance sheet. It contains any investments Apollo Hospitals Enterprise undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Apollo Hospitals Ent can easily liquidate in the marketplace.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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
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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.