MAZDOCK Stock | | | 2,156 24.85 1.14% |
Mazagon Dock financial indicator trend analysis is infinitely more than just investigating Mazagon Dock Shipbuilders recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mazagon Dock Shipbuilders is a good investment. Please check the relationship between Mazagon Dock Selling General Administrative and its Depreciation And Amortization accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Selling General Administrative vs Depreciation And Amortization
Selling General Administrative vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mazagon Dock Shipbuilders Selling General Administrative account and
Depreciation And Amortization. At this time, the significance of the direction appears to have pay attention.
The correlation between Mazagon Dock's Selling General Administrative and Depreciation And Amortization is -0.77. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Mazagon Dock Shipbuilders, assuming nothing else is changed. The correlation between historical values of Mazagon Dock's Selling General Administrative and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Mazagon Dock Shipbuilders are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Selling General Administrative i.e., Mazagon Dock's Selling General Administrative and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Selling General Administrative
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Mazagon Dock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mazagon Dock Shipbuilders 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 Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Tax Provision is expected to rise to about 7.4
B this year, although the value of Selling General Administrative will most likely fall to about 820.1
M.
Mazagon Dock fundamental ratios Correlations
Click cells to compare fundamentals
Mazagon Dock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mazagon Dock fundamental ratios Accounts
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Other Information on Investing in Mazagon Stock
Balance Sheet is a snapshot of the
financial position of Mazagon Dock Shipbuilders at a specified time, usually calculated after every quarter, six months, or one year. Mazagon Dock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mazagon Dock 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 Mazagon currently owns. An asset can also be divided into two categories, current and non-current.