Vraj Property Plant And Equipment Net vs Other Current Assets Analysis
VRAJ Stock | 217.80 2.74 1.27% |
Vraj Iron financial indicator trend analysis is much more than just breaking down Vraj Iron prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vraj Iron is a good investment. Please check the relationship between Vraj Iron Property Plant And Equipment Net and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vraj Iron and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Property Plant And Equipment Net vs Other Current Assets
Property Plant And Equipment Net vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Property Plant And Equipment Net account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Vraj Iron's Property Plant And Equipment Net and Other Current Assets is -0.01. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Vraj Iron and, assuming nothing else is changed. The correlation between historical values of Vraj Iron's Property Plant And Equipment Net and Other Current Assets 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 Vraj Iron and are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., Vraj Iron's Property Plant And Equipment Net and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most indicators from Vraj Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vraj Iron 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 Vraj Iron and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 95.3 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 446.7M | 749.2M | 1.4B | 1.4B | Total Revenue | 4.1B | 5.2B | 4.2B | 3.9B |
Vraj Iron fundamental ratios Correlations
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Vraj Iron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for Vraj Stock Analysis
When running Vraj Iron's price analysis, check to measure Vraj Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vraj Iron is operating at the current time. Most of Vraj Iron's value examination focuses on studying past and present price action to predict the probability of Vraj Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vraj Iron's price. Additionally, you may evaluate how the addition of Vraj Iron to your portfolios can decrease your overall portfolio volatility.