ARVIND Stock | | | 379.45 15.55 4.27% |
Arvind financial indicator trend analysis is way more than just evaluating Arvind Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arvind Limited is a good investment. Please check the relationship between Arvind Cash and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Arvind 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 board of governors.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Arvind Limited Cash account and
Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Arvind's Cash and Total Assets is -0.02. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Arvind Limited, assuming nothing else is changed. The correlation between historical values of Arvind's Cash and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Arvind Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash i.e., Arvind's Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Arvind Limited, which is listed under current asset account on Arvind Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Arvind customers. The amounts must be unrestricted with restricted cash listed in a different Arvind 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.
Total Assets
Total assets refers to the total amount of Arvind assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Arvind Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Arvind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arvind 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 Arvind 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 board of governors.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 518.5
M. The current year's
Discontinued Operations is expected to grow to about (225.3
M)
Arvind fundamental ratios Correlations
Click cells to compare fundamentals
Arvind Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Arvind fundamental ratios Accounts
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Other Information on Investing in Arvind Stock
Balance Sheet is a snapshot of the
financial position of Arvind Limited at a specified time, usually calculated after every quarter, six months, or one year. Arvind Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arvind 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 Arvind currently owns. An asset can also be divided into two categories, current and non-current.