JINDALSAW | | | 306.60 0.10 0.03% |
Jindal Saw financial indicator trend analysis is infinitely more than just investigating Jindal Saw Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Saw Limited is a good investment. Please check the relationship between Jindal Saw Inventory and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Saw 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.
Inventory vs Cash
Inventory vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jindal Saw Limited Inventory account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jindal Saw's Inventory and Cash is 0.47. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Jindal Saw Limited, assuming nothing else is changed. The correlation between historical values of Jindal Saw's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Jindal Saw Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Jindal Saw's Inventory and Cash go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Cash
Cash refers to the most liquid asset of Jindal Saw Limited, which is listed under current asset account on Jindal Saw Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jindal Saw customers. The amounts must be unrestricted with restricted cash listed in a different Jindal Saw 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.
Most indicators from Jindal Saw's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Saw Limited 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 Jindal Saw 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.
At this time, Jindal Saw's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 6.5
B in 2024, whereas
Discontinued Operations is likely to drop (129.6
M) in 2024.
Jindal Saw fundamental ratios Correlations
Click cells to compare fundamentals
Jindal Saw Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jindal Saw fundamental ratios Accounts
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Additional Tools for Jindal Stock Analysis
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measure Jindal Saw's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jindal Saw is operating at the current time. Most of Jindal Saw's value examination focuses on studying past and present price action to
predict the probability of Jindal Saw's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jindal Saw's price. Additionally, you may evaluate how the addition of Jindal Saw to your portfolios can decrease your overall portfolio volatility.