| KHAICHEM | | | 70.69 2.97 4.03% |
Khaitan Chemicals financial indicator trend analysis is infinitely more than just investigating Khaitan Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Khaitan Chemicals is a good investment. Please check the relationship between Khaitan Chemicals Cash and its Total Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Khaitan Chemicals Fertilizers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Cash vs Total Assets
Cash vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Khaitan Chemicals Cash account and
Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Khaitan Chemicals' Cash and Total Assets is 0.25. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Assets in the same time period over historical financial statements of Khaitan Chemicals Fertilizers, assuming nothing else is changed. The correlation between historical values of Khaitan Chemicals' Cash 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 Cash of Khaitan Chemicals Fertilizers 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 Cash i.e., Khaitan Chemicals' Cash and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.25 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Khaitan Chemicals, which is listed under current asset account on Khaitan Chemicals Fertilizers balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Khaitan Chemicals customers. The amounts must be unrestricted with restricted cash listed in a different Khaitan Chemicals 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.
Total Assets
Total assets refers to the total amount of Khaitan Chemicals 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 Khaitan Chemicals 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 Khaitan Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Khaitan Chemicals 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Khaitan Chemicals Fertilizers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
As of December 22, 2024,
Selling General Administrative is expected to decline to about 16.6
M. The current year's
Tax Provision is expected to grow to about (13
M)
Khaitan Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
Khaitan Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Khaitan Chemicals fundamental ratios Accounts
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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 Khaitan Stock
Balance Sheet is a snapshot of the
financial position of Khaitan Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Khaitan Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Khaitan Chemicals 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 Khaitan currently owns. An asset can also be divided into two categories, current and non-current.