Mahindra Good Will vs Total Current Liabilities Analysis
| MHID Stock | USD 35.90 0.90 2.57% |
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 Good Will and its Total Current Liabilities 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.
Good Will vs Total Current Liabilities
Good Will vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mahindra Mahindra Good Will account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mahindra Mahindra's Good Will and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Liabilities 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 Good Will and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Mahindra Mahindra Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Good Will i.e., Mahindra Mahindra's Good Will and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Total Current Liabilities
Total Current Liabilities is an item on Mahindra Mahindra balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mahindra Mahindra Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.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) | EBIT | 111.5B | 119.5B | 137.5B | 123.8B | Other Operating Expenses | 129.8B | 135.0B | 155.2B | 144.8B |
Mahindra Mahindra fundamental ratios Correlations
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Mahindra Mahindra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.