TTKHLTCARE | | | 1,454 4.35 0.30% |
TTK Healthcare financial indicator trend analysis is much more than just breaking down TTK Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TTK Healthcare is a good investment. Please check the relationship between TTK Healthcare Property Plant And Equipment Net and its Other Current Liab accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TTK Healthcare 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 bureau of economic analysis.
Property Plant And Equipment Net vs Other Current Liab
Property Plant And Equipment Net vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TTK Healthcare Property Plant And Equipment Net account and
Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between TTK Healthcare's Property Plant And Equipment Net and Other Current Liab is 0.36. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of TTK Healthcare Limited, assuming nothing else is changed. The correlation between historical values of TTK Healthcare's Property Plant And Equipment Net and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of TTK Healthcare Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Property Plant And Equipment Net i.e., TTK Healthcare's Property Plant And Equipment Net and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Other Current Liab
Most indicators from TTK Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TTK Healthcare 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 TTK Healthcare 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 bureau of economic analysis.
As of November 28, 2024,
Selling General Administrative is expected to decline to about 92.5
M. In addition to that,
Tax Provision is expected to decline to about 113
MTTK Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
TTK Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TTK Healthcare fundamental ratios Accounts
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Other Information on Investing in TTK Stock
Balance Sheet is a snapshot of the
financial position of TTK Healthcare at a specified time, usually calculated after every quarter, six months, or one year. TTK Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TTK Healthcare 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 TTK currently owns. An asset can also be divided into two categories, current and non-current.