ZUARI Stock | | | 222.74 6.29 2.91% |
Zuari Agro financial indicator trend analysis is more than just analyzing Zuari Agro Chemicals current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zuari Agro Chemicals is a good investment. Please check the relationship between Zuari Agro Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zuari Agro Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zuari Agro Chemicals Property Plant And Equipment Net account and
Non Current Assets Total. At this time, the significance of the direction appears to have totally related.
The correlation between Zuari Agro's Property Plant And Equipment Net and Non Current Assets Total is 0.99. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Zuari Agro Chemicals, assuming nothing else is changed. The correlation between historical values of Zuari Agro's Property Plant And Equipment Net and Non Current Assets Total 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 Zuari Agro Chemicals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Zuari Agro's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Zuari Agro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zuari Agro Chemicals 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 Zuari Agro Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
As of the 27th of November 2024,
Tax Provision is likely to grow to about 836
M, while
Selling General Administrative is likely to drop about 149.5
M.
Zuari Agro fundamental ratios Correlations
Click cells to compare fundamentals
Zuari Agro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zuari Agro fundamental ratios Accounts
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Other Information on Investing in Zuari Stock
Balance Sheet is a snapshot of the
financial position of Zuari Agro Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Zuari Agro Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zuari Agro 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 Zuari currently owns. An asset can also be divided into two categories, current and non-current.