Meghmani Non Current Liabilities Total vs Other Stockholder Equity Analysis

MOL Stock   97.77  1.49  1.55%   
Meghmani Organics financial indicator trend analysis is infinitely more than just investigating Meghmani Organics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meghmani Organics is a good investment. Please check the relationship between Meghmani Organics Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meghmani Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Liabilities Total vs Other Stockholder Equity

Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meghmani Organics Non Current Liabilities Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Meghmani Organics' Non Current Liabilities Total and Other Stockholder Equity is 0.78. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Meghmani Organics Limited, assuming nothing else is changed. The correlation between historical values of Meghmani Organics' Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Meghmani Organics Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Meghmani Organics' Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Other Stockholder Equity

Most indicators from Meghmani Organics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meghmani Organics 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 Meghmani Organics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 249.9 M, whereas Tax Provision is forecasted to decline to about 102.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit10.0B10.4B3.2B3.0B
Total Revenue24.7B25.6B15.5B20.7B

Meghmani Organics fundamental ratios Correlations

0.370.37-0.360.430.40.520.490.490.030.530.190.050.130.340.30.410.280.370.30.46-0.050.390.43-0.170.71
0.370.890.320.940.970.770.740.770.350.810.030.510.80.740.880.540.820.990.850.860.460.60.72-0.180.65
0.370.890.480.810.770.790.890.480.380.74-0.190.360.70.840.680.350.620.940.660.940.650.610.48-0.210.52
-0.360.320.480.060.140.230.33-0.180.30.11-0.480.010.160.34-0.04-0.390.180.37-0.080.280.67-0.14-0.18-0.29-0.27
0.430.940.810.060.920.720.70.830.230.790.040.390.840.690.960.720.720.930.950.860.340.740.76-0.070.71
0.40.970.770.140.920.750.650.880.310.830.180.590.790.670.90.60.880.920.890.750.240.530.83-0.120.72
0.520.770.790.230.720.750.920.640.330.980.040.360.730.920.590.260.80.760.630.690.170.370.780.110.67
0.490.740.890.330.70.650.920.470.220.85-0.260.210.620.880.550.330.590.780.540.840.370.410.54-0.130.64
0.490.770.48-0.180.830.880.640.470.180.770.210.440.640.490.860.730.790.710.840.53-0.150.370.89-0.020.79
0.030.350.380.30.230.310.330.220.180.310.210.70.410.570.28-0.220.530.370.340.160.050.140.350.360.11
0.530.810.740.110.790.830.980.850.770.310.140.440.780.880.70.380.880.780.740.670.070.390.890.140.74
0.190.03-0.19-0.480.040.180.04-0.260.210.210.140.470.230.030.07-0.130.35-0.070.21-0.27-0.30.240.430.610.02
0.050.510.360.010.390.590.360.210.440.70.440.470.520.480.510.120.740.450.550.23-0.110.170.610.240.4
0.130.80.70.160.840.790.730.620.640.410.780.230.520.810.820.340.810.780.90.60.280.650.80.340.49
0.340.740.840.340.690.670.920.880.490.570.880.030.480.810.590.120.780.760.660.670.280.440.690.250.52
0.30.880.68-0.040.960.90.590.550.860.280.70.070.510.820.590.770.730.850.980.740.180.650.78-0.040.72
0.410.540.35-0.390.720.60.260.330.73-0.220.38-0.130.120.340.120.770.270.520.680.61-0.040.490.46-0.350.71
0.280.820.620.180.720.880.80.590.790.530.880.350.740.810.780.730.270.750.780.480.010.290.920.210.62
0.370.990.940.370.930.920.760.780.710.370.78-0.070.450.780.760.850.520.750.820.910.530.630.64-0.220.62
0.30.850.66-0.080.950.890.630.540.840.340.740.210.550.90.660.980.680.780.820.680.150.70.840.150.67
0.460.860.940.280.860.750.690.840.530.160.67-0.270.230.60.670.740.610.480.910.680.590.680.43-0.380.62
-0.050.460.650.670.340.240.170.37-0.150.050.07-0.3-0.110.280.280.18-0.040.010.530.150.590.52-0.21-0.38-0.15
0.390.60.61-0.140.740.530.370.410.370.140.390.240.170.650.440.650.490.290.630.70.680.520.380.110.34
0.430.720.48-0.180.760.830.780.540.890.350.890.430.610.80.690.780.460.920.640.840.43-0.210.380.330.73
-0.17-0.18-0.21-0.29-0.07-0.120.11-0.13-0.020.360.140.610.240.340.25-0.04-0.350.21-0.220.15-0.38-0.380.110.33-0.22
0.710.650.52-0.270.710.720.670.640.790.110.740.020.40.490.520.720.710.620.620.670.62-0.150.340.73-0.22
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Meghmani Organics Account Relationship Matchups

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Other Information on Investing in Meghmani Stock

Balance Sheet is a snapshot of the financial position of Meghmani Organics at a specified time, usually calculated after every quarter, six months, or one year. Meghmani Organics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Meghmani Organics 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 Meghmani currently owns. An asset can also be divided into two categories, current and non-current.