| RAJMET Stock | | | 9.31 0.09 0.98% |
Rajnandini Metal financial indicator trend analysis is much more than just breaking down Rajnandini Metal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rajnandini Metal is a good investment. Please check the relationship between Rajnandini Metal End Period Cash Flow and its Net Income accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rajnandini Metal 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 income.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Rajnandini Metal End Period Cash Flow account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rajnandini Metal's End Period Cash Flow and Net Income is -0.18. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Rajnandini Metal Limited, assuming nothing else is changed. The correlation between historical values of Rajnandini Metal's End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Rajnandini Metal Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Rajnandini Metal's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | -0.18 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Rajnandini Metal financial statement analysis. It represents the amount of money remaining after all of Rajnandini Metal Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Rajnandini Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rajnandini Metal 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 Rajnandini Metal 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 income.
The current year's
Selling General Administrative is expected to grow to about 12.3
M. The current year's
Tax Provision is expected to grow to about 23.9
MRajnandini Metal fundamental ratios Correlations
Click cells to compare fundamentals
Rajnandini Metal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rajnandini Metal fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Rajnandini Stock
Balance Sheet is a snapshot of the
financial position of Rajnandini Metal at a specified time, usually calculated after every quarter, six months, or one year. Rajnandini Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Rajnandini Metal 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 Rajnandini currently owns. An asset can also be divided into two categories, current and non-current.