NDGL Stock | | | 4,643 97.50 2.06% |
Naga Dhunseri financial indicator trend analysis is infinitely more than just investigating Naga Dhunseri Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Naga Dhunseri Group is a good investment. Please check the relationship between Naga Dhunseri Current Deferred Revenue and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Naga Dhunseri Group. 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.
Current Deferred Revenue vs Net Receivables
Current Deferred Revenue vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naga Dhunseri Group Current Deferred Revenue account and
Net Receivables. At this time, the significance of the direction appears to have no relationship.
The correlation between Naga Dhunseri's Current Deferred Revenue and Net Receivables is 0.03. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Naga Dhunseri Group, assuming nothing else is changed. The correlation between historical values of Naga Dhunseri's Current Deferred Revenue and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Naga Dhunseri Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Current Deferred Revenue i.e., Naga Dhunseri's Current Deferred Revenue and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Net Receivables
Most indicators from Naga Dhunseri's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Naga Dhunseri Group 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 Naga Dhunseri Group. 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.
Selling General Administrative is likely to gain to about 997
K in 2024.
Tax Provision is likely to gain to about 30.5
M in 2024
Naga Dhunseri fundamental ratios Correlations
Click cells to compare fundamentals
Naga Dhunseri Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Naga Dhunseri fundamental ratios Accounts
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Additional Tools for Naga Stock Analysis
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measure Naga Dhunseri's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Naga Dhunseri is operating at the current time. Most of Naga Dhunseri's value examination focuses on studying past and present price action to
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