ZEEL Stock | | | 129.16 6.05 4.91% |
Zee Entertainment financial indicator trend analysis is more than just analyzing Zee Entertainment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Entertainment is a good investment. Please check the relationship between Zee Entertainment Property Plant And Equipment Net and its Net Receivables accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Entertainment Enterprises. 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 Net Receivables
Property Plant And Equipment Net vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zee Entertainment Property Plant And Equipment Net account and
Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Zee Entertainment's Property Plant And Equipment Net and Net Receivables is 0.09. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Zee Entertainment Enterprises, assuming nothing else is changed. The correlation between historical values of Zee Entertainment's Property Plant And Equipment Net and Net Receivables 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 Zee Entertainment Enterprises are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Net i.e., Zee Entertainment's Property Plant And Equipment Net and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
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.
Net Receivables
Most indicators from Zee Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee Entertainment 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Entertainment Enterprises. 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 6.3
B in 2024, whereas
Tax Provision is likely to drop slightly above 1.7
B in 2024.
Zee Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Zee Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zee Entertainment fundamental ratios Accounts
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measure Zee Entertainment'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 Zee Entertainment is operating at the current time. Most of Zee Entertainment's value examination focuses on studying past and present price action to
predict the probability of Zee Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zee Entertainment's price. Additionally, you may evaluate how the addition of Zee Entertainment to your portfolios can decrease your overall portfolio volatility.