ZENSARTECH | | | 755.25 11.75 1.53% |
Zensar Technologies financial indicator trend analysis is more than just analyzing Zensar Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zensar Technologies is a good investment. Please check the relationship between Zensar Technologies Change To Inventory and its Capital Expenditures accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies 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 nation.
Change To Inventory vs Capital Expenditures
Change To Inventory vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zensar Technologies Change To Inventory account and
Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zensar Technologies' Change To Inventory and Capital Expenditures is 0.4. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Zensar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Zensar Technologies' Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Zensar Technologies Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Zensar Technologies' Change To Inventory and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Capital Expenditures
Capital Expenditures are funds used by Zensar Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Zensar Technologies operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Zensar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zensar Technologies 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 Zensar Technologies 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 nation.
Selling General Administrative is likely to drop to about 167.2
M in 2024.
Tax Provision is likely to drop to about 1.4
B in 2024
Zensar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Zensar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zensar Technologies fundamental ratios Accounts
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Additional Tools for Zensar Stock Analysis
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measure Zensar Technologies' 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 Zensar Technologies is operating at the current time. Most of Zensar Technologies' value examination focuses on studying past and present price action to
predict the probability of Zensar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zensar Technologies' price. Additionally, you may evaluate how the addition of Zensar Technologies to your portfolios can decrease your overall portfolio volatility.