MEDANTA Stock | | | 1,102 1.65 0.15% |
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 Total Revenue and its Non Current Liabilities Total 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.
Total Revenue vs Non Current Liabilities Total
Total Revenue vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Global Health Limited Total Revenue account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Global Health's Total Revenue and Non Current Liabilities Total is 0.6. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Liabilities Total 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 Total Revenue 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 Total Revenue of Global Health 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 Total Revenue i.e., Global Health's Total Revenue and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Global Health Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Non Current Liabilities Total
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 5.3
B. The current year's
Tax Provision is expected to grow to about 1.5
B | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 16.1B | 20.7B | 17.2B | 13.0B | Total Revenue | 21.6B | 26.9B | 32.8B | 21.8B |
Global 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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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 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.