SHRADHA Stock | | | 85.26 1.74 2.00% |
Shradha Infraprojects financial indicator trend analysis is much more than just breaking down Shradha Infraprojects prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shradha Infraprojects is a good investment. Please check the relationship between Shradha Infraprojects Inventory and its Retained Earnings accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects 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 unemployment.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shradha Infraprojects Inventory account and
Retained Earnings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shradha Infraprojects' Inventory and Retained Earnings is 0.77. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shradha Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Shradha Infraprojects' Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Shradha Infraprojects Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Shradha Infraprojects' Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Shradha Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shradha Infraprojects 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 Shradha Infraprojects 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 unemployment.
The current year's
Selling General Administrative is expected to grow to about 7.5
M. The current year's
Tax Provision is expected to grow to about 49.3
MShradha Infraprojects fundamental ratios Correlations
Click cells to compare fundamentals
Shradha Infraprojects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shradha Infraprojects fundamental ratios Accounts
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Other Information on Investing in Shradha Stock
Balance Sheet is a snapshot of the
financial position of Shradha Infraprojects at a specified time, usually calculated after every quarter, six months, or one year. Shradha Infraprojects Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shradha Infraprojects 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 Shradha currently owns. An asset can also be divided into two categories, current and non-current.