GRASIM Stock | | | 2,714 20.45 0.76% |
Grasim Industries financial indicator trend analysis is much more than just examining Grasim Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grasim Industries is a good investment. Please check the relationship between Grasim Industries Capital Expenditures and its Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grasim Industries 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.
Capital Expenditures vs Investments
Capital Expenditures vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Grasim Industries Capital Expenditures account and
Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Grasim Industries' Capital Expenditures and Investments is -0.86. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments in the same time period over historical financial statements of Grasim Industries Limited, assuming nothing else is changed. The correlation between historical values of Grasim Industries' Capital Expenditures and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Grasim Industries Limited are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., Grasim Industries' Capital Expenditures and Investments go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by Grasim Industries to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Grasim Industries operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Grasim Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grasim Industries 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 Grasim Industries 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.
At present, Grasim Industries'
Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's
Issuance Of Capital Stock is expected to grow to about 32.2
B, whereas
Selling General Administrative is forecasted to decline to about 3.4
B.
Grasim Industries fundamental ratios Correlations
Click cells to compare fundamentals
Grasim Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grasim Industries fundamental ratios Accounts
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Other Information on Investing in Grasim Stock
Balance Sheet is a snapshot of the
financial position of Grasim Industries at a specified time, usually calculated after every quarter, six months, or one year. Grasim Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Grasim Industries 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 Grasim currently owns. An asset can also be divided into two categories, current and non-current.