TERASOFT | | | 205.41 4.20 2.00% |
Tera Software financial indicator trend analysis is much more than just breaking down Tera Software Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tera Software Limited is a good investment. Please check the relationship between Tera Software Total Assets and its Non Current Liabilities Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tera Software 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 state.
Total Assets vs Non Current Liabilities Total
Total Assets vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tera Software Limited Total Assets account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tera Software's Total Assets and Non Current Liabilities Total is -0.23. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Tera Software Limited, assuming nothing else is changed. The correlation between historical values of Tera Software's Total Assets and Non Current Liabilities Total 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 Assets of Tera Software Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Tera Software's Total Assets and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.23 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Tera Software assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Tera Software Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Non Current Liabilities Total
Most indicators from Tera Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tera Software Limited 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 Tera Software 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 state.
The Tera Software's current
Selling General Administrative is estimated to increase to about 9.2
M, while
Tax Provision is projected to decrease to roughly 22.6
M.
Tera Software fundamental ratios Correlations
Click cells to compare fundamentals
Tera Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tera Software fundamental ratios Accounts
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Other Information on Investing in Tera Stock
Balance Sheet is a snapshot of the
financial position of Tera Software Limited at a specified time, usually calculated after every quarter, six months, or one year. Tera Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tera Software 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 Tera currently owns. An asset can also be divided into two categories, current and non-current.