INDRAMEDCO | | | 459.75 22.90 5.24% |
Indraprastha Medical financial indicator trend analysis is infinitely more than just investigating Indraprastha Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indraprastha Medical is a good investment. Please check the relationship between Indraprastha Medical Current Deferred Revenue and its Property Plant And Equipment Net accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indraprastha Medical. 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.
Current Deferred Revenue vs Property Plant And Equipment Net
Current Deferred Revenue vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Indraprastha Medical Current Deferred Revenue account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Indraprastha Medical's Current Deferred Revenue and Property Plant And Equipment Net is 0.13. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Indraprastha Medical, assuming nothing else is changed. The correlation between historical values of Indraprastha Medical's Current Deferred Revenue and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Indraprastha Medical are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Current Deferred Revenue i.e., Indraprastha Medical's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Indraprastha Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indraprastha Medical 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 Indraprastha Medical. 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 year's
Tax Provision is expected to grow to about 442.6
M, whereas
Selling General Administrative is forecasted to decline to about 111.6
M.
Indraprastha Medical fundamental ratios Correlations
Click cells to compare fundamentals
Indraprastha Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indraprastha Medical fundamental ratios Accounts
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Other Information on Investing in Indraprastha Stock
Balance Sheet is a snapshot of the
financial position of Indraprastha Medical at a specified time, usually calculated after every quarter, six months, or one year. Indraprastha Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indraprastha Medical 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 Indraprastha currently owns. An asset can also be divided into two categories, current and non-current.