| GEOJITFSL | | | 118.76 2.42 2.00% |
Geojit Financial financial indicator trend analysis is much more than just examining Geojit Financial Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geojit Financial Services is a good investment. Please check the relationship between Geojit Financial Cash and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Geojit Financial Services Cash account and
Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Geojit Financial's Cash and Accounts Payable is -0.06. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Geojit Financial Services, assuming nothing else is changed. The correlation between historical values of Geojit Financial's Cash and Accounts Payable 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 Geojit Financial Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Geojit Financial's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Geojit Financial Services, which is listed under current asset account on Geojit Financial Services balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Geojit Financial customers. The amounts must be unrestricted with restricted cash listed in a different Geojit Financial 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.
Accounts Payable
An accounting item on the balance sheet that represents Geojit Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Geojit Financial Services are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Geojit Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geojit Financial Services 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. 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.
The Geojit Financial's current
Selling General Administrative is estimated to increase to about 2.4
B, while
Tax Provision is projected to decrease to roughly 363.2
M.
Geojit Financial fundamental ratios Correlations
Click cells to compare fundamentals
Geojit Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geojit Financial 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 Geojit Stock
Balance Sheet is a snapshot of the
financial position of Geojit Financial Services at a specified time, usually calculated after every quarter, six months, or one year. Geojit Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Geojit Financial 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 Geojit currently owns. An asset can also be divided into two categories, current and non-current.