| MAITHANALL | | | 1,062 0.50 0.05% |
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 Retained Earnings 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 Retained Earnings
Cash vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maithan Alloys Cash account and
Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Maithan Alloys' Cash and Retained Earnings is 0.05. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings 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 Retained Earnings 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 Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash i.e., Maithan Alloys' Cash and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| 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.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 23rd of November 2024,
Tax Provision is likely to grow to about 1.1
B, while
Selling General Administrative is likely to drop about 32.6
M.
Maithan 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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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 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.