CREDITACC | | | 999.55 29.55 2.87% |
CREDITACCESS GRAMEEN financial indicator trend analysis is way more than just evaluating CREDITACCESS GRAMEEN prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CREDITACCESS GRAMEEN is a good investment. Please check the relationship between CREDITACCESS GRAMEEN Total Stockholder Equity and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CREDITACCESS GRAMEEN 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 gross domestic product.
Total Stockholder Equity vs Cash
Total Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CREDITACCESS GRAMEEN Total Stockholder Equity account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between CREDITACCESS GRAMEEN's Total Stockholder Equity and Cash is 0.67. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of CREDITACCESS GRAMEEN LIMITED, assuming nothing else is changed. The correlation between historical values of CREDITACCESS GRAMEEN's Total Stockholder Equity and Cash 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 Stockholder Equity of CREDITACCESS GRAMEEN LIMITED are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Stockholder Equity i.e., CREDITACCESS GRAMEEN's Total Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash
Cash refers to the most liquid asset of CREDITACCESS GRAMEEN, which is listed under current asset account on CREDITACCESS GRAMEEN LIMITED balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CREDITACCESS GRAMEEN customers. The amounts must be unrestricted with restricted cash listed in a different CREDITACCESS GRAMEEN account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from CREDITACCESS GRAMEEN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN 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 gross domestic product.
At present, CREDITACCESS GRAMEEN's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 6
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 128.8
M.
CREDITACCESS GRAMEEN fundamental ratios Correlations
Click cells to compare fundamentals
CREDITACCESS GRAMEEN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CREDITACCESS GRAMEEN fundamental ratios Accounts
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Other Information on Investing in CREDITACCESS Stock
Balance Sheet is a snapshot of the
financial position of CREDITACCESS GRAMEEN at a specified time, usually calculated after every quarter, six months, or one year. CREDITACCESS GRAMEEN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CREDITACCESS GRAMEEN 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 CREDITACCESS currently owns. An asset can also be divided into two categories, current and non-current.