PAYTM Stock | | | 901.75 24.90 2.69% |
One 97 financial indicator trend analysis is much more than just breaking down One 97 Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One 97 Communications is a good investment. Please check the relationship between One 97 Other Current Assets and its Accounts Payable accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One 97 Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One 97 Communications Other Current Assets account and
Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between One 97's Other Current Assets and Accounts Payable is -0.32. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of One 97 Communications, assuming nothing else is changed. The correlation between historical values of One 97's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of One 97 Communications are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., One 97's Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Accounts Payable
An accounting item on the balance sheet that represents One 97 obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of One 97 Communications are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from One 97's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One 97 Communications 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One 97 Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, One 97's
Tax Provision is very stable compared to the past year. As of the 30th of November 2024,
Selling General Administrative is likely to grow to about 1.3
B, while
Discontinued Operations is likely to drop (50.1
M).
One 97 fundamental ratios Correlations
Click cells to compare fundamentals
One 97 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One 97 fundamental ratios Accounts
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Other Information on Investing in One Stock
Balance Sheet is a snapshot of the
financial position of One 97 Communications at a specified time, usually calculated after every quarter, six months, or one year. One 97 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of One 97 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 One currently owns. An asset can also be divided into two categories, current and non-current.