LIKHITHA | | | 322.70 1.95 0.60% |
Likhitha Infrastructure financial indicator trend analysis is infinitely more than just investigating Likhitha Infrastructure recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Likhitha Infrastructure is a good investment. Please check the relationship between Likhitha Infrastructure Ebitda and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Likhitha Infrastructure 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 gross domestic product.
Ebitda vs Selling General Administrative
Ebitda vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Likhitha Infrastructure Ebitda account and
Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Likhitha Infrastructure's Ebitda and Selling General Administrative is -0.63. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Likhitha Infrastructure Limited, assuming nothing else is changed. The correlation between historical values of Likhitha Infrastructure's Ebitda and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Likhitha Infrastructure Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebitda i.e., Likhitha Infrastructure's Ebitda and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Ebitda
Selling General Administrative
Most indicators from Likhitha Infrastructure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Likhitha Infrastructure 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Likhitha Infrastructure 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 gross domestic product.
The Likhitha Infrastructure's current Selling General Administrative is estimated to increase to about 34
M. The Likhitha Infrastructure's current
Tax Provision is estimated to increase to about 295.2
MLikhitha Infrastructure fundamental ratios Correlations
Click cells to compare fundamentals
Likhitha Infrastructure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Likhitha Infrastructure fundamental ratios Accounts
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Other Information on Investing in Likhitha Stock
Balance Sheet is a snapshot of the
financial position of Likhitha Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Likhitha Infrastructure Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Likhitha Infrastructure 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 Likhitha currently owns. An asset can also be divided into two categories, current and non-current.