Jyoti Total Current Assets vs Total Cash From Operating Activities 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 Total Current Assets and its Total Cash From Operating Activities 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.
Total Current Assets vs Total Cash From Operating Activities
Total Current Assets vs Total Cash From Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jyoti CNC Automation Total Current Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have no relationship.
The correlation between Jyoti CNC's Total Current Assets and Total Cash From Operating Activities is 0.08. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Current Assets and Total Cash From Operating Activities 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 Current Assets of Jyoti CNC Automation are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Assets i.e., Jyoti CNC's Total Current Assets and Total Cash From Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Cash From Operating Activities
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 29th 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Jyoti Stock
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.