GENUSPOWER | | | 436.85 10.65 2.38% |
Genus Power financial indicator trend analysis is much more than just examining Genus Power Infrastr latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genus Power Infrastr is a good investment. Please check the relationship between Genus Power Net Receivables and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genus Power Infrastructures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genus Power Infrastr Net Receivables account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Genus Power's Net Receivables and Accounts Payable is 0.73. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Genus Power Infrastructures, assuming nothing else is changed. The correlation between historical values of Genus Power's Net Receivables and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Genus Power Infrastructures are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Genus Power's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Genus Power obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Genus Power Infrastr are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Genus Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genus Power Infrastr 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genus Power Infrastructures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
As of the 28th of November 2024,
Issuance Of Capital Stock is likely to grow to about 5.5
B, while
Selling General Administrative is likely to drop about 175.2
M.
Genus Power fundamental ratios Correlations
Click cells to compare fundamentals
Genus Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Genus Power fundamental ratios Accounts
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Other Information on Investing in Genus Stock
Balance Sheet is a snapshot of the
financial position of Genus Power Infrastr at a specified time, usually calculated after every quarter, six months, or one year. Genus Power Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Genus Power 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 Genus currently owns. An asset can also be divided into two categories, current and non-current.