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 Non Current Assets Total 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 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.
Non Current Assets Total vs Property Plant And Equipment Net
Non Current Assets Total 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
Jindal Saw Limited Non Current Assets Total account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Jindal Saw's Non Current Assets Total and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Net 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 Non Current Assets Total 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 Non Current Assets Total of Jindal Saw Limited 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 Non Current Assets Total i.e., Jindal Saw's Non Current Assets Total and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 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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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
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