DEEPAKNTR | | | 2,727 21.25 0.79% |
Deepak Nitrite financial indicator trend analysis is much more than just examining Deepak Nitrite latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deepak Nitrite is a good investment. Please check the relationship between Deepak Nitrite Selling General Administrative and its Interest Income accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Nitrite 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 nation.
Selling General Administrative vs Interest Income
Selling General Administrative vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Deepak Nitrite Selling General Administrative account and
Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Deepak Nitrite's Selling General Administrative and Interest Income is -0.21. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Income in the same time period over historical financial statements of Deepak Nitrite Limited, assuming nothing else is changed. The correlation between historical values of Deepak Nitrite's Selling General Administrative and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Deepak Nitrite Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Selling General Administrative i.e., Deepak Nitrite's Selling General Administrative and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Deepak Nitrite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deepak Nitrite 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 Nitrite 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 nation.
As of the 30th of November 2024, Selling General Administrative is likely to grow to about 1.3
B, while
Tax Provision is likely to drop about 2
B.
Deepak Nitrite fundamental ratios Correlations
Click cells to compare fundamentals
Deepak Nitrite Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Deepak Nitrite fundamental ratios Accounts
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Other Information on Investing in Deepak Stock
Balance Sheet is a snapshot of the
financial position of Deepak Nitrite at a specified time, usually calculated after every quarter, six months, or one year. Deepak Nitrite Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Deepak Nitrite 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.