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 Change To Inventory and its Other Non Cash Items 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.
Change To Inventory vs Other Non Cash Items
Change To Inventory vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JSW Holdings Limited Change To Inventory account and
Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JSW Holdings' Change To Inventory and Other Non Cash Items is -0.37. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items 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' Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of JSW Holdings Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., JSW Holdings' Change To Inventory and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Other Non Cash Items
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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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.