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 Long Term Debt Total and its Total Assets 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.
Long Term Debt Total vs Total Assets
Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naga Dhunseri Group Long Term Debt Total account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Naga Dhunseri's Long Term Debt Total and Total Assets is 0.9. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Assets 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 Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Naga Dhunseri Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt Total i.e., Naga Dhunseri's Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Debt Total
Total Assets
Total assets refers to the total amount of Naga Dhunseri 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 Naga Dhunseri Group 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.
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
predict the probability of Naga Dhunseri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Naga Dhunseri's price. Additionally, you may evaluate how the addition of Naga Dhunseri to your portfolios can decrease your overall portfolio volatility.