HGS Stock | | | 614.85 1.35 0.22% |
Hinduja Global financial indicator trend analysis is much more than just examining Hinduja Global Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hinduja Global Solutions is a good investment. Please check the relationship between Hinduja Global Selling General Administrative and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hinduja Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative vs Income Tax Expense
Selling General Administrative vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hinduja Global Solutions Selling General Administrative account and
Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hinduja Global's Selling General Administrative and Income Tax Expense is 0.62. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Hinduja Global Solutions, assuming nothing else is changed. The correlation between historical values of Hinduja Global's Selling General Administrative and Income Tax Expense 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 Hinduja Global Solutions are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., Hinduja Global's Selling General Administrative and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Income Tax Expense
Most indicators from Hinduja Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hinduja Global Solutions 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 Hinduja Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of November 25, 2024, Selling General Administrative is expected to decline to about 346.8
M. The current year's
Tax Provision is expected to grow to about (196.5
M)
Hinduja Global fundamental ratios Correlations
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Hinduja Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hinduja Global fundamental ratios Accounts
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Other Information on Investing in Hinduja Stock
Balance Sheet is a snapshot of the
financial position of Hinduja Global Solutions at a specified time, usually calculated after every quarter, six months, or one year. Hinduja Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hinduja Global 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 Hinduja currently owns. An asset can also be divided into two categories, current and non-current.