TIMETECHNO | | | 501.25 16.95 3.50% |
Time Technoplast financial indicator trend analysis is much more than just breaking down Time Technoplast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Time Technoplast is a good investment. Please check the relationship between Time Technoplast Selling General Administrative and its Net Income From Continuing Ops accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Time Technoplast 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 estimate.
Selling General Administrative vs Net Income From Continuing Ops
Selling General Administrative vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Time Technoplast Selling General Administrative account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Time Technoplast's Selling General Administrative and Net Income From Continuing Ops is 0.52. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Time Technoplast Limited, assuming nothing else is changed. The correlation between historical values of Time Technoplast's Selling General Administrative and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Time Technoplast Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Selling General Administrative i.e., Time Technoplast's Selling General Administrative and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Net Income From Continuing Ops
Most indicators from Time Technoplast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Time Technoplast 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 Time Technoplast 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 estimate.
At present, Time Technoplast's
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Time Technoplast fundamental ratios Correlations
Click cells to compare fundamentals
Time Technoplast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Time Technoplast fundamental ratios Accounts
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Other Information on Investing in Time Stock
Balance Sheet is a snapshot of the
financial position of Time Technoplast at a specified time, usually calculated after every quarter, six months, or one year. Time Technoplast Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Time Technoplast 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 Time currently owns. An asset can also be divided into two categories, current and non-current.