BHARTIARTL | | | 1,569 44.15 2.89% |
Bharti Airtel financial indicator trend analysis is way more than just evaluating Bharti Airtel Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bharti Airtel Limited is a good investment. Please check the relationship between Bharti Airtel Total Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bharti Airtel 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 estimate.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bharti Airtel Limited Total Assets account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bharti Airtel's Total Assets and Cash is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Bharti Airtel Limited, assuming nothing else is changed. The correlation between historical values of Bharti Airtel's Total 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 Assets of Bharti Airtel Limited 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 Assets i.e., Bharti Airtel's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Bharti Airtel 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 Bharti Airtel 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.
Cash
Cash refers to the most liquid asset of Bharti Airtel Limited, which is listed under current asset account on Bharti Airtel Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bharti Airtel customers. The amounts must be unrestricted with restricted cash listed in a different Bharti Airtel 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 Bharti Airtel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bharti Airtel 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 Bharti Airtel 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 estimate.
At present, Bharti Airtel's
Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's
Discontinued Operations is expected to grow to about 133.5
B, whereas
Selling General Administrative is forecasted to decline to about 52
B.
Bharti Airtel fundamental ratios Correlations
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Bharti Airtel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bharti Airtel fundamental ratios Accounts
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Other Information on Investing in Bharti Stock
Balance Sheet is a snapshot of the
financial position of Bharti Airtel Limited at a specified time, usually calculated after every quarter, six months, or one year. Bharti Airtel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bharti Airtel 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 Bharti currently owns. An asset can also be divided into two categories, current and non-current.