PRAKASHSTL | | | 8.62 0.02 0.23% |
Prakash Steelage financial indicator trend analysis is much more than just breaking down Prakash Steelage prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Prakash Steelage is a good investment. Please check the relationship between Prakash Steelage Selling General Administrative and its Total Other Income Expense Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prakash Steelage 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 nation.
Selling General Administrative vs Total Other Income Expense Net
Selling General Administrative vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Prakash Steelage Selling General Administrative account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Prakash Steelage's Selling General Administrative and Total Other Income Expense Net is -0.05. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Prakash Steelage Limited, assuming nothing else is changed. The correlation between historical values of Prakash Steelage's Selling General Administrative and Total Other Income Expense Net 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 Prakash Steelage Limited are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Selling General Administrative i.e., Prakash Steelage's Selling General Administrative and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.05 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling General Administrative
Total Other Income Expense Net
Most indicators from Prakash Steelage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Prakash Steelage 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prakash Steelage 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 nation.
The Prakash Steelage's current Selling General Administrative is estimated to increase to about 65
M. The Prakash Steelage's current
Tax Provision is estimated to increase to about 4.4
MPrakash Steelage fundamental ratios Correlations
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Prakash Steelage Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Prakash Steelage fundamental ratios Accounts
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Other Information on Investing in Prakash Stock
Balance Sheet is a snapshot of the
financial position of Prakash Steelage at a specified time, usually calculated after every quarter, six months, or one year. Prakash Steelage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Prakash Steelage 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 Prakash currently owns. An asset can also be divided into two categories, current and non-current.