DEEPAKFERT | | | 1,375 22.30 1.65% |
Deepak Fertilizers financial indicator trend analysis is much more than just examining Deepak Fertilizers and latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deepak Fertilizers and is a good investment. Please check the relationship between Deepak Fertilizers Total Stockholder Equity and its Total Current Liabilities accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Fertilizers and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Total Stockholder Equity vs Total Current Liabilities
Total Stockholder Equity vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Deepak Fertilizers and Total Stockholder Equity account and
Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Deepak Fertilizers' Total Stockholder Equity and Total Current Liabilities is 0.42. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Deepak Fertilizers and, assuming nothing else is changed. The correlation between historical values of Deepak Fertilizers' Total Stockholder Equity and Total Current Liabilities 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 Stockholder Equity of Deepak Fertilizers and are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Stockholder Equity i.e., Deepak Fertilizers' Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Total Current Liabilities
Total Current Liabilities is an item on Deepak Fertilizers balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Deepak Fertilizers and are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Deepak Fertilizers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deepak Fertilizers and 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Fertilizers and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current
Selling General Administrative is estimated to decrease to about 951.1
M. The current
Tax Provision is estimated to decrease to about 1.9
BDeepak Fertilizers fundamental ratios Correlations
Click cells to compare fundamentals
Deepak Fertilizers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Deepak Fertilizers fundamental ratios Accounts
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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 Deepak Stock
Balance Sheet is a snapshot of the
financial position of Deepak Fertilizers and at a specified time, usually calculated after every quarter, six months, or one year. Deepak Fertilizers Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Deepak Fertilizers 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 Deepak currently owns. An asset can also be divided into two categories, current and non-current.