| SASKEN Stock | | | 1,602 6.85 0.43% |
Sasken Technologies financial indicator trend analysis is much more than just breaking down Sasken Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sasken Technologies is a good investment. Please check the relationship between Sasken Technologies Cash and its Cash And Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sasken Technologies 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 income.
Cash vs Cash And Short Term Investments
Cash vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sasken Technologies Cash account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sasken Technologies' Cash and Cash And Short Term Investments is 0.56. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Sasken Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sasken Technologies' Cash and Cash And Short Term Investments 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 of Sasken Technologies Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Cash i.e., Sasken Technologies' Cash and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Sasken Technologies, which is listed under current asset account on Sasken Technologies Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sasken Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Sasken Technologies account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sasken Technologies balance sheet. This account contains Sasken Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sasken Technologies 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.
Most indicators from Sasken Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sasken Technologies 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 Sasken Technologies 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 income.
The current year's
Tax Provision is expected to grow to about 239.3
M, whereas
Selling General Administrative is forecasted to decline to about 110.8
M.
Sasken Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sasken Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sasken Technologies fundamental ratios Accounts
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Other Information on Investing in Sasken Stock
Balance Sheet is a snapshot of the
financial position of Sasken Technologies at a specified time, usually calculated after every quarter, six months, or one year. Sasken Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sasken Technologies 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 Sasken currently owns. An asset can also be divided into two categories, current and non-current.