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 Short Term Investments and its Common Stock Shares Outstanding 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 And Short Term Investments vs Common Stock Shares Outstanding
Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Khaitan Chemicals Cash And Short Term Investments account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Khaitan Chemicals' Cash And Short Term Investments and Common Stock Shares Outstanding is 0.3. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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 Short Term Investments and Common Stock Shares Outstanding 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 And Short Term Investments of Khaitan Chemicals Fertilizers are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Khaitan Chemicals' Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Khaitan Chemicals balance sheet. This account contains Khaitan Chemicals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Khaitan Chemicals Fertilizers fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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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.