| NSIL Stock | | | 7,989 35.55 0.44% |
Nalwa Sons financial indicator trend analysis is infinitely more than just investigating Nalwa Sons Investments recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nalwa Sons Investments is a good investment. Please check the relationship between Nalwa Sons Total Liab and its Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nalwa Sons Investments. 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 Liab vs Inventory
Total Liab vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nalwa Sons Investments Total Liab account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nalwa Sons' Total Liab and Inventory is 0.64. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of Nalwa Sons Investments, assuming nothing else is changed. The correlation between historical values of Nalwa Sons' Total Liab and Inventory 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 Liab of Nalwa Sons Investments are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Liab i.e., Nalwa Sons' Total Liab and Inventory go up and down completely randomly.
Correlation Coefficient | 0.64 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Inventory
Most indicators from Nalwa Sons' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nalwa Sons Investments 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 Nalwa Sons Investments. 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.
Tax Provision is likely to gain to about 202.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 8.5
M in 2024.
Nalwa Sons fundamental ratios Correlations
Click cells to compare fundamentals
Nalwa Sons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nalwa Sons fundamental ratios Accounts
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