Jyoti Current Deferred Revenue vs Retained Earnings Analysis
JYOTICNC | 1,369 23.70 1.76% |
Jyoti CNC financial indicator trend analysis is infinitely more than just investigating Jyoti CNC Automation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jyoti CNC Automation is a good investment. Please check the relationship between Jyoti CNC Current Deferred Revenue and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jyoti CNC Automation. 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.
Current Deferred Revenue vs Retained Earnings
Current Deferred Revenue vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jyoti CNC Automation Current Deferred Revenue account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Jyoti CNC's Current Deferred Revenue and Retained Earnings is -0.84. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jyoti CNC Automation, assuming nothing else is changed. The correlation between historical values of Jyoti CNC's Current Deferred Revenue and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Jyoti CNC Automation are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Current Deferred Revenue i.e., Jyoti CNC's Current Deferred Revenue and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Jyoti CNC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jyoti CNC Automation 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 Jyoti CNC Automation. 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. As of the 28th of December 2024, Selling General Administrative is likely to drop to about 609.1 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 730.3M | 897.0M | 897.2M | 854.2M | Depreciation And Amortization | 357.9M | 336.2M | 327.5M | 283.6M |
Jyoti CNC fundamental ratios Correlations
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Jyoti CNC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Jyoti CNC Automation at a specified time, usually calculated after every quarter, six months, or one year. Jyoti CNC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jyoti CNC 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 Jyoti currently owns. An asset can also be divided into two categories, current and non-current.