TIINDIA Stock | | | 3,591 11.65 0.33% |
Tube Investments financial indicator trend analysis is much more than just breaking down Tube Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tube Investments is a good investment. Please check the relationship between Tube Investments Total Current Assets and its Property Plant And Equipment Net accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tube Investments of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Total Current Assets vs Property Plant And Equipment Net
Total Current Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tube Investments Total Current Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tube Investments' Total Current Assets and Property Plant And Equipment Net is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Tube Investments of, assuming nothing else is changed. The correlation between historical values of Tube Investments' Total Current Assets and Property Plant And Equipment Net 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 Current Assets of Tube Investments of are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Tube Investments' Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Tube Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tube 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Tube Investments of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At present, Tube Investments'
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 5.2
B, whereas
Discontinued Operations is forecasted to decline to (3.3
M).
Tube Investments fundamental ratios Correlations
Click cells to compare fundamentals
Tube Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tube Investments fundamental ratios Accounts
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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 Tube Stock
Balance Sheet is a snapshot of the
financial position of Tube Investments at a specified time, usually calculated after every quarter, six months, or one year. Tube Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tube Investments 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 Tube currently owns. An asset can also be divided into two categories, current and non-current.