ANGELONE | | | 2,885 19.20 0.66% |
Angel One financial indicator trend analysis is way more than just evaluating Angel One Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel One Limited is a good investment. Please check the relationship between Angel One Total Assets and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One 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 bureau of economic analysis.
Total Assets vs Selling General Administrative
Total Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Angel One Limited Total Assets account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Angel One's Total Assets and Selling General Administrative is 0.8. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Angel One Limited, assuming nothing else is changed. The correlation between historical values of Angel One's Total Assets and Selling General Administrative 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 Angel One Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., Angel One's Total Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Angel One 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 Angel One Limited 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.
Selling General Administrative
Most indicators from Angel One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel One Limited 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 Angel One 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 bureau of economic analysis.
At this time, Angel One's Selling General Administrative is very stable compared to the past year. As of the 27th of December 2024,
Tax Provision is likely to grow to about 4.1
B, while
Discontinued Operations is likely to drop (2.9
M).
Angel One fundamental ratios Correlations
Click cells to compare fundamentals
Angel One Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Angel One fundamental ratios Accounts
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Other Information on Investing in Angel Stock
Balance Sheet is a snapshot of the
financial position of Angel One Limited at a specified time, usually calculated after every quarter, six months, or one year. Angel One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angel One 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 Angel currently owns. An asset can also be divided into two categories, current and non-current.