| SASKEN Stock | | | 2,119 115.50 5.17% |
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 Total Current Liabilities and its Total Current Assets 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.
Total Current Liabilities vs Total Current Assets
Total Current Liabilities vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sasken Technologies Total Current Liabilities account and
Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sasken Technologies' Total Current Liabilities and Total Current Assets is 0.44. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Current Assets 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' Total Current Liabilities and Total Current 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 Total Current Liabilities of Sasken Technologies Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Current Liabilities i.e., Sasken Technologies' Total Current Liabilities and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Sasken Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sasken Technologies Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.
At present, Sasken Technologies'
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 239.3
M, whereas
Issuance Of Capital Stock is forecasted to decline to about 257.4
K.
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.