| MAITHANALL | | | 962.60 23.85 2.42% |
Maithan Alloys financial indicator trend analysis is infinitely more than just investigating Maithan Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maithan Alloys is a good investment. Please check the relationship between Maithan Alloys Cash and its Non Current Liabilities Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maithan Alloys 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 rate.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maithan Alloys Cash account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Maithan Alloys' Cash and Non Current Liabilities Total is -0.22. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Maithan Alloys Limited, assuming nothing else is changed. The correlation between historical values of Maithan Alloys' Cash and Non Current Liabilities Total 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 Maithan Alloys Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., Maithan Alloys' Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.22 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Maithan Alloys, which is listed under current asset account on Maithan Alloys Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Maithan Alloys customers. The amounts must be unrestricted with restricted cash listed in a different Maithan Alloys 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.
Non Current Liabilities Total
Most indicators from Maithan Alloys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maithan Alloys 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 Maithan Alloys 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 rate.
As of the 28th of January 2025,
Selling General Administrative is likely to drop to about 29.3
M. In addition to that,
Tax Provision is likely to drop to about 1.1
BMaithan Alloys fundamental ratios Correlations
Click cells to compare fundamentals
Maithan Alloys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maithan Alloys fundamental ratios Accounts
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Other Information on Investing in Maithan Stock
Balance Sheet is a snapshot of the
financial position of Maithan Alloys at a specified time, usually calculated after every quarter, six months, or one year. Maithan Alloys Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maithan Alloys 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 Maithan currently owns. An asset can also be divided into two categories, current and non-current.