NATCOPHARM | | | 1,376 38.05 2.84% |
Natco Pharma financial indicator trend analysis is infinitely more than just investigating Natco Pharma Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natco Pharma Limited is a good investment. Please check the relationship between Natco Pharma Change To Liabilities and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natco Pharma 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 persons.
Change To Liabilities vs Depreciation
Change To Liabilities vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Natco Pharma Limited Change To Liabilities account and
Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Natco Pharma's Change To Liabilities and Depreciation is 0.33. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Natco Pharma Limited, assuming nothing else is changed. The correlation between historical values of Natco Pharma's Change To Liabilities and Depreciation 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 Liabilities of Natco Pharma Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Liabilities i.e., Natco Pharma's Change To Liabilities and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Liabilities
Depreciation
Depreciation indicates how much of Natco Pharma Limited value has been used up. For tax purposes Natco Pharma can deduct the cost of the tangible assets it purchases as business expenses. However, Natco Pharma Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Natco Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natco Pharma 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 Natco Pharma 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 persons.
As of now, Natco Pharma's
Selling General Administrative is increasing as compared to previous years. The Natco Pharma's current
Discontinued Operations is estimated to increase to about 34.3
M, while
Tax Provision is projected to decrease to under 1.6
B.
Natco Pharma fundamental ratios Correlations
Click cells to compare fundamentals
Natco Pharma Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natco Pharma fundamental ratios Accounts
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Other Information on Investing in Natco Stock
Balance Sheet is a snapshot of the
financial position of Natco Pharma Limited at a specified time, usually calculated after every quarter, six months, or one year. Natco Pharma Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Natco Pharma 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 Natco currently owns. An asset can also be divided into two categories, current and non-current.