BATAINDIA | | | 1,411 48.60 3.57% |
Bata India financial indicator trend analysis is way more than just evaluating Bata India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bata India Limited is a good investment. Please check the relationship between Bata India Short Long Term Debt Total and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bata India 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 gross domestic product.
Short Long Term Debt Total vs Intangible Assets
Short Long Term Debt Total vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bata India Limited Short Long Term Debt Total account and
Intangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bata India's Short Long Term Debt Total and Intangible Assets is 0.43. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Bata India Limited, assuming nothing else is changed. The correlation between historical values of Bata India's Short Long Term Debt Total and Intangible 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 Short Long Term Debt Total of Bata India Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Long Term Debt Total i.e., Bata India's Short Long Term Debt Total and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Short Long Term Debt Total
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Bata India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bata India 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 Bata India 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 gross domestic product.
As of December 1, 2024,
Selling General Administrative is expected to decline to about 647.1
M. In addition to that,
Tax Provision is expected to decline to about 655.5
MBata India fundamental ratios Correlations
Click cells to compare fundamentals
Bata India Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bata India fundamental ratios Accounts
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Other Information on Investing in Bata Stock
Balance Sheet is a snapshot of the
financial position of Bata India Limited at a specified time, usually calculated after every quarter, six months, or one year. Bata India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bata India 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 Bata currently owns. An asset can also be divided into two categories, current and non-current.