SRIVARU Net Working Capital vs Total Current Liabilities Analysis
| SVMHW Stock | 0.01 0 33.66% |
SRIVARU Holding financial indicator trend analysis is much more than just breaking down SRIVARU Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SRIVARU Holding is a good investment. Please check the relationship between SRIVARU Holding Net Working Capital and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SRIVARU Holding 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 rate.
Net Working Capital vs Total Current Liabilities
Net Working Capital vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SRIVARU Holding Net Working Capital account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SRIVARU Holding's Net Working Capital and Total Current Liabilities is -0.38. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of SRIVARU Holding Limited, assuming nothing else is changed. The correlation between historical values of SRIVARU Holding's Net Working Capital 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 Net Working Capital of SRIVARU Holding 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 Net Working Capital i.e., SRIVARU Holding's Net Working Capital and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Net Working Capital
Total Current Liabilities
Total Current Liabilities is an item on SRIVARU Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of SRIVARU Holding 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 SRIVARU Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SRIVARU Holding 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SRIVARU Holding 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 rate. At this time, SRIVARU Holding's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 269.67 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.2 M in 2024.
| 2010 | 2023 | 2024 (projected) | Interest Expense | 55.9K | 57.7K | 62.5K | Depreciation And Amortization | 24.5K | 38.3K | 34.6K |
SRIVARU Holding fundamental ratios Correlations
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SRIVARU Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SRIVARU Holding's price analysis, check to measure SRIVARU Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SRIVARU Holding is operating at the current time. Most of SRIVARU Holding's value examination focuses on studying past and present price action to predict the probability of SRIVARU Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SRIVARU Holding's price. Additionally, you may evaluate how the addition of SRIVARU Holding to your portfolios can decrease your overall portfolio volatility.