| UMESLTD Stock | | | 7.19 0.32 4.26% |
Usha Martin financial indicator trend analysis is much more than just breaking down Usha Martin Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Usha Martin Education is a good investment. Please check the relationship between Usha Martin Net Receivables and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Usha Martin Education. 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.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Usha Martin Education Net Receivables account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Usha Martin's Net Receivables and Cash And Short Term Investments is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Usha Martin Education, assuming nothing else is changed. The correlation between historical values of Usha Martin's Net Receivables and Cash And Short Term Investments 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 Receivables of Usha Martin Education are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Usha Martin's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.46 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Usha Martin Education balance sheet. This account contains Usha Martin investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Usha Martin Education fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Usha Martin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Usha Martin Education 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 Usha Martin Education. 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.
The current year's
Tax Provision is expected to grow to about 2
M, whereas
Selling General Administrative is forecasted to decline to about 2.3
M.
Usha Martin fundamental ratios Correlations
Click cells to compare fundamentals
Usha Martin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Usha Martin fundamental ratios Accounts
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Other Information on Investing in Usha Stock
Balance Sheet is a snapshot of the
financial position of Usha Martin Education at a specified time, usually calculated after every quarter, six months, or one year. Usha Martin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Usha Martin 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 Usha currently owns. An asset can also be divided into two categories, current and non-current.