MEDANTA Stock | | | 1,114 40.75 3.80% |
Global Health financial indicator trend analysis is much more than just examining Global Health Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Health Limited is a good investment. Please check the relationship between Global Health Property Plant And Equipment Net and its Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global Health 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 board of governors.
Property Plant And Equipment Net vs Short Term Investments
Property Plant And Equipment Net vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Health Limited Property Plant And Equipment Net account and
Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Health's Property Plant And Equipment Net and Short Term Investments is 0.74. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Global Health Limited, assuming nothing else is changed. The correlation between historical values of Global Health's Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Global Health Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Global Health's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Short Term Investments
Short Term Investments is an item under the current assets section of Global Health balance sheet. It contains any investments Global Health Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Global Health Limited can easily liquidate in the marketplace.
Most indicators from Global Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Health 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global Health 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 4.5
B. The current year's
Tax Provision is expected to grow to about 1.5
BGlobal Health fundamental ratios Correlations
Click cells to compare fundamentals
Global Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Global Health fundamental ratios Accounts
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Other Information on Investing in Global Stock
Balance Sheet is a snapshot of the
financial position of Global Health Limited at a specified time, usually calculated after every quarter, six months, or one year. Global Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Global Health 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 Global currently owns. An asset can also be divided into two categories, current and non-current.