AGROPHOS | | | 42.74 0.70 1.67% |
Agro Phos financial indicator trend analysis is way more than just evaluating Agro Phos India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agro Phos India is a good investment. Please check the relationship between Agro Phos Common Stock and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Phos India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Common Stock vs Other Liab
Common Stock vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Agro Phos India Common Stock account and
Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Agro Phos' Common Stock and Other Liab is 0.59. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Liab in the same time period over historical financial statements of Agro Phos India, assuming nothing else is changed. The correlation between historical values of Agro Phos' Common Stock and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Agro Phos India are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Common Stock i.e., Agro Phos' Common Stock and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Common Stock
Other Liab
Most indicators from Agro Phos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agro Phos India 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Phos India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
As of the 1st of December 2024,
Selling General Administrative is likely to grow to about 13.6
M, though
Tax Provision is likely to grow to (18.3
M).
Agro Phos fundamental ratios Correlations
Click cells to compare fundamentals
Agro Phos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Agro Phos fundamental ratios Accounts
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Other Information on Investing in Agro Stock
Balance Sheet is a snapshot of the
financial position of Agro Phos India at a specified time, usually calculated after every quarter, six months, or one year. Agro Phos Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Agro Phos 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 Agro currently owns. An asset can also be divided into two categories, current and non-current.