| NAVNETEDUL | | | 138.75 0.90 0.64% |
Navneet Education financial indicator trend analysis is infinitely more than just investigating Navneet Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navneet Education is a good investment. Please check the relationship between Navneet Education Total Assets and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navneet Education 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 income.
Total Assets vs Net Debt
Total Assets vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Navneet Education Total Assets account and
Net Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Navneet Education's Total Assets and Net Debt is 0.53. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Navneet Education Limited, assuming nothing else is changed. The correlation between historical values of Navneet Education's Total Assets and Net Debt 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 Assets of Navneet Education Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Navneet Education's Total Assets and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Navneet Education 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 Navneet Education 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.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Navneet Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navneet Education 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 Navneet Education 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 income.
The current year's
Selling General Administrative is expected to grow to about 3.2
B. The current year's
Tax Provision is expected to grow to about 558
M | 2022 | 2023 | 2024 | 2025 (projected) |
EBITDA | 3.8B | 3.8B | 4.3B | 2.2B | EBIT | 3.2B | 3.1B | 3.6B | 1.9B |
Navneet Education fundamental ratios Correlations
Click cells to compare fundamentals
Navneet Education Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Navneet Education 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 Navneet Stock
Balance Sheet is a snapshot of the
financial position of Navneet Education at a specified time, usually calculated after every quarter, six months, or one year. Navneet Education Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Navneet Education 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 Navneet currently owns. An asset can also be divided into two categories, current and non-current.