| SANGINITA | | | 16.18 0.63 4.05% |
Sanginita Chemicals financial indicator trend analysis is much more than just breaking down Sanginita Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanginita Chemicals is a good investment. Please check the relationship between Sanginita Chemicals Cash And Short Term Investments and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sanginita Chemicals 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 gross domestic product.
Cash And Short Term Investments vs Total Stockholder Equity
Cash And Short Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sanginita Chemicals Cash And Short Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sanginita Chemicals' Cash And Short Term Investments and Total Stockholder Equity is -0.54. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sanginita Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Sanginita Chemicals' Cash And Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Sanginita Chemicals Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Sanginita Chemicals' Cash And Short Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sanginita Chemicals balance sheet. This account contains Sanginita Chemicals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sanginita Chemicals Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sanginita Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanginita Chemicals 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sanginita Chemicals 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 gross domestic product.
The current
Tax Provision is estimated to decrease to about 2.6
M. The current
Selling General Administrative is estimated to decrease to about 1.2
MSanginita Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
Sanginita Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sanginita Chemicals fundamental ratios Accounts
Also Currently Popular
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 Sanginita Stock
Balance Sheet is a snapshot of the
financial position of Sanginita Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Sanginita Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sanginita Chemicals 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 Sanginita currently owns. An asset can also be divided into two categories, current and non-current.