JPINFRATEC | | | 1.25 0.00 0.00% |
Jaypee Infratech financial indicator trend analysis is infinitely more than just investigating Jaypee Infratech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jaypee Infratech is a good investment. Please check the relationship between Jaypee Infratech Non Currrent Assets Other and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaypee Infratech 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 census.
Non Currrent Assets Other vs Total Current Liabilities
Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jaypee Infratech Non Currrent Assets Other account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jaypee Infratech's Non Currrent Assets Other and Total Current Liabilities is -0.51. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Jaypee Infratech Limited, assuming nothing else is changed. The correlation between historical values of Jaypee Infratech's Non Currrent Assets Other and Total Current Liabilities 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 Currrent Assets Other of Jaypee Infratech Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Jaypee Infratech's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Total Current Liabilities
Total Current Liabilities is an item on Jaypee Infratech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jaypee Infratech Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Jaypee Infratech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jaypee Infratech 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 Jaypee Infratech 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 census.
As of November 23, 2024,
Selling General Administrative is expected to decline to about 631.6
MJaypee Infratech fundamental ratios Correlations
Click cells to compare fundamentals
Jaypee Infratech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jaypee Infratech fundamental ratios Accounts
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Other Information on Investing in Jaypee Stock
Balance Sheet is a snapshot of the
financial position of Jaypee Infratech at a specified time, usually calculated after every quarter, six months, or one year. Jaypee Infratech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jaypee Infratech 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 Jaypee currently owns. An asset can also be divided into two categories, current and non-current.