NDGL Stock | | | 4,740 245.00 4.91% |
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 Selling General Administrative and its Tax Provision 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.
Selling General Administrative vs Tax Provision
Selling General Administrative vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Naga Dhunseri Group Selling General Administrative account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Naga Dhunseri's Selling General Administrative and Tax Provision is -0.1. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Tax Provision 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 Selling General Administrative and Tax Provision 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 Naga Dhunseri Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling General Administrative i.e., Naga Dhunseri's Selling General Administrative and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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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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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