Mahindra Change To Netincome vs Change In Working Capital Analysis

MHID Stock  USD 34.50  1.10  3.09%   
Mahindra Mahindra financial indicator trend analysis is infinitely more than just investigating Mahindra Mahindra recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mahindra Mahindra is a good investment. Please check the relationship between Mahindra Mahindra Change To Netincome and its Change In Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mahindra Mahindra 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.

Change To Netincome vs Change In Working Capital

Change To Netincome vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mahindra Mahindra Change To Netincome account and Change In Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mahindra Mahindra's Change To Netincome and Change In Working Capital is 0.84. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Mahindra Mahindra Limited, assuming nothing else is changed. The correlation between historical values of Mahindra Mahindra's Change To Netincome and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Mahindra Mahindra Limited are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Change To Netincome i.e., Mahindra Mahindra's Change To Netincome and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Change To Netincome

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Mahindra Mahindra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mahindra Mahindra 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 Mahindra Mahindra 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.
At this time, Mahindra Mahindra's Issuance Of Capital Stock is quite stable compared to the past year. Enterprise Value is expected to rise to about 3 T this year, although the value of Discontinued Operations will most likely fall to (26.4 B).
 2020 2021 2023 2024 (projected)
EBIT111.5B119.5B137.5B123.8B
Other Operating Expenses129.8B135.0B155.2B144.8B

Mahindra Mahindra fundamental ratios Correlations

-0.580.990.990.770.980.990.92-0.540.910.98-0.290.860.940.910.56-0.881.00.850.920.970.990.850.980.920.93
-0.58-0.65-0.64-0.23-0.51-0.6-0.760.14-0.29-0.450.87-0.64-0.36-0.790.070.6-0.56-0.29-0.43-0.5-0.63-0.5-0.47-0.32-0.41
0.99-0.650.990.750.970.990.95-0.490.880.95-0.350.90.90.930.53-0.860.990.830.910.950.990.850.960.90.91
0.99-0.640.990.70.981.00.95-0.470.860.95-0.380.880.890.950.49-0.870.980.790.890.950.990.840.970.890.9
0.77-0.230.750.70.70.70.56-0.580.940.850.120.540.840.570.63-0.540.80.970.820.760.690.730.790.810.93
0.98-0.510.970.980.70.990.92-0.50.880.95-0.220.840.910.880.62-0.890.980.810.910.950.980.840.970.920.89
0.99-0.60.991.00.70.990.95-0.490.860.95-0.320.860.90.920.55-0.90.980.80.90.950.990.850.970.90.89
0.92-0.760.950.950.560.920.95-0.280.720.82-0.470.910.750.930.45-0.840.90.690.850.830.950.80.850.790.79
-0.540.14-0.49-0.47-0.58-0.5-0.49-0.28-0.62-0.630.02-0.13-0.75-0.4-0.380.65-0.56-0.57-0.4-0.69-0.51-0.38-0.63-0.44-0.53
0.91-0.290.880.860.940.880.860.72-0.620.960.050.70.960.70.71-0.730.930.970.920.910.860.810.930.940.97
0.98-0.450.950.950.850.950.950.82-0.630.96-0.140.770.970.830.6-0.840.990.90.930.970.950.840.990.930.95
-0.290.87-0.35-0.380.12-0.22-0.32-0.470.020.05-0.14-0.4-0.06-0.610.470.33-0.260.11-0.03-0.26-0.34-0.14-0.210.0-0.09
0.86-0.640.90.880.540.840.860.91-0.130.70.77-0.40.70.840.44-0.670.840.660.780.770.870.750.770.850.75
0.94-0.360.90.890.840.910.90.75-0.750.960.97-0.060.70.770.64-0.840.950.90.860.970.910.790.970.910.91
0.91-0.790.930.950.570.880.920.93-0.40.70.83-0.610.840.770.21-0.780.890.640.740.880.920.740.870.720.79
0.560.070.530.490.630.620.550.45-0.380.710.60.470.440.640.21-0.580.570.730.710.510.550.590.570.740.62
-0.880.6-0.86-0.87-0.54-0.89-0.9-0.840.65-0.73-0.840.33-0.67-0.84-0.78-0.58-0.87-0.66-0.77-0.87-0.91-0.75-0.87-0.75-0.71
1.0-0.560.990.980.80.980.980.9-0.560.930.99-0.260.840.950.890.57-0.870.870.930.970.980.860.990.930.94
0.85-0.290.830.790.970.810.80.69-0.570.970.90.110.660.90.640.73-0.660.870.90.830.80.840.850.890.95
0.92-0.430.910.890.820.910.90.85-0.40.920.93-0.030.780.860.740.71-0.770.930.90.830.90.820.90.910.91
0.97-0.50.950.950.760.950.950.83-0.690.910.97-0.260.770.970.880.51-0.870.970.830.830.950.820.980.890.9
0.99-0.630.990.990.690.980.990.95-0.510.860.95-0.340.870.910.920.55-0.910.980.80.90.950.840.960.90.87
0.85-0.50.850.840.730.840.850.8-0.380.810.84-0.140.750.790.740.59-0.750.860.840.820.820.840.820.850.83
0.98-0.470.960.970.790.970.970.85-0.630.930.99-0.210.770.970.870.57-0.870.990.850.90.980.960.820.910.93
0.92-0.320.90.890.810.920.90.79-0.440.940.930.00.850.910.720.74-0.750.930.890.910.890.90.850.910.92
0.93-0.410.910.90.930.890.890.79-0.530.970.95-0.090.750.910.790.62-0.710.940.950.910.90.870.830.930.92
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Mahindra Mahindra Account Relationship Matchups

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Other Information on Investing in Mahindra Stock

Balance Sheet is a snapshot of the financial position of Mahindra Mahindra at a specified time, usually calculated after every quarter, six months, or one year. Mahindra Mahindra Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mahindra Mahindra 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 Mahindra currently owns. An asset can also be divided into two categories, current and non-current.