| UMESLTD Stock | | | 6.09 0.18 2.87% |
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 Other Liab and its Net Debt 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.
Other Liab vs Net Debt
Other Liab vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Usha Martin Education Other Liab account and
Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Usha Martin's Other Liab and Net Debt is 0.76. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Debt 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 Other Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Usha Martin Education are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Liab i.e., Usha Martin's Other Liab and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.76 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Liab
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 2.3
M, whereas
Selling General Administrative is forecasted to decline to about 1.3
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.