| AMRUTANJAN | | | 749.70 9.20 1.24% |
Amrutanjan Health financial indicator trend analysis is way more than just evaluating Amrutanjan Health Care prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amrutanjan Health Care is a good investment. Please check the relationship between Amrutanjan Health Total Assets and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Total Assets vs Short Term Investments
Total Assets vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Amrutanjan Health Care Total Assets account and
Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Amrutanjan Health's Total Assets and Short Term Investments is 0.78. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Amrutanjan Health Care, assuming nothing else is changed. The correlation between historical values of Amrutanjan Health's Total Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Amrutanjan Health Care are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Amrutanjan Health's Total Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.78 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Amrutanjan Health assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amrutanjan Health Care books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Short Term Investments
Short Term Investments is an item under the current assets section of Amrutanjan Health balance sheet. It contains any investments Amrutanjan Health Care undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Amrutanjan Health Care can easily liquidate in the marketplace.
Most indicators from Amrutanjan Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amrutanjan Health Care 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 Amrutanjan Health Care. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
As of the 4th of December 2024,
Selling General Administrative is likely to grow to about 275.8
M, though
Discontinued Operations is likely to grow to (4.1
M).
Amrutanjan Health fundamental ratios Correlations
Click cells to compare fundamentals
Amrutanjan Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Amrutanjan Health fundamental ratios Accounts
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Other Information on Investing in Amrutanjan Stock
Balance Sheet is a snapshot of the
financial position of Amrutanjan Health Care at a specified time, usually calculated after every quarter, six months, or one year. Amrutanjan Health Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Amrutanjan Health 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 Amrutanjan currently owns. An asset can also be divided into two categories, current and non-current.