SIFY Stock | | | USD 3.45 0.10 2.82% |
Sify Technologies financial indicator trend analysis is much more than just breaking down Sify Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sify Technologies is a good investment. Please check the relationship between Sify Technologies Cash And Short Term Investments and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sify 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 census.
Cash And Short Term Investments vs Cash
Cash And Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sify Technologies Cash And Short Term Investments account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sify Technologies' Cash And Short Term Investments and Cash is 0.87. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of Sify Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sify Technologies' Cash And Short Term Investments and Cash 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 Sify Technologies Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Cash And Short Term Investments i.e., Sify Technologies' Cash And Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sify Technologies balance sheet. This account contains Sify Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sify 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.
Cash
Cash refers to the most liquid asset of Sify Technologies, which is listed under current asset account on Sify Technologies Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sify Technologies customers. The amounts must be unrestricted with restricted cash listed in a different Sify 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.
Most indicators from Sify Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sify 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 Sify 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 census.
At this time, Sify Technologies'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 8.01 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.3
B in 2024.
Sify Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sify Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sify Technologies fundamental ratios Accounts
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Additional Tools for Sify Stock Analysis
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measure Sify Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sify Technologies is operating at the current time. Most of Sify Technologies' value examination focuses on studying past and present price action to
predict the probability of Sify Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sify Technologies' price. Additionally, you may evaluate how the addition of Sify Technologies to your portfolios can decrease your overall portfolio volatility.