| JSWHL Stock | | | 16,636 14.65 0.09% |
JSW Holdings financial indicator trend analysis is infinitely more than just investigating JSW Holdings Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JSW Holdings Limited is a good investment. Please check the relationship between JSW Holdings Cash and its Net Tangible Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSW Holdings 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 bureau of economic analysis.
Cash vs Net Tangible Assets
Cash vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JSW Holdings Limited Cash account and
Net Tangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between JSW Holdings' Cash and Net Tangible Assets is 0.01. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of JSW Holdings Limited, assuming nothing else is changed. The correlation between historical values of JSW Holdings' Cash and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of JSW Holdings Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., JSW Holdings' Cash and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.01 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of JSW Holdings Limited, which is listed under current asset account on JSW Holdings Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JSW Holdings customers. The amounts must be unrestricted with restricted cash listed in a different JSW Holdings 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.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from JSW Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSW Holdings 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 JSW Holdings 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 bureau of economic analysis.
As of the 24th of November 2024,
Selling General Administrative is likely to grow to about 14.2
M, while
Tax Provision is likely to drop about 332
M.
JSW Holdings fundamental ratios Correlations
Click cells to compare fundamentals
JSW Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JSW Holdings fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in JSW Stock
Balance Sheet is a snapshot of the
financial position of JSW Holdings Limited at a specified time, usually calculated after every quarter, six months, or one year. JSW Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JSW Holdings 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 JSW currently owns. An asset can also be divided into two categories, current and non-current.