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 Other Current Assets and its Total Assets 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.
Other Current Assets vs Total Assets
Other Current Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Genus Power Infrastr Other Current Assets account and
Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Genus Power's Other Current Assets and Total Assets is 0.56. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Assets 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 Other Current Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Genus Power Infrastructures are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Assets i.e., Genus Power's Other Current Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Total Assets
Total assets refers to the total amount of Genus Power 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 Genus Power Infrastr 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.
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.