WELCORP Stock | | | 788.60 8.80 1.10% |
Welspun Corp financial indicator trend analysis is more than just analyzing Welspun Corp Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Corp Limited is a good investment. Please check the relationship between Welspun Corp Total Assets and its Short Long Term Debt Total accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.
Total Assets vs Short Long Term Debt Total
Total Assets vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Welspun Corp Limited Total Assets account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Welspun Corp's Total Assets and Short Long Term Debt Total is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Welspun Corp Limited, assuming nothing else is changed. The correlation between historical values of Welspun Corp's Total Assets and Short Long Term Debt 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 Welspun Corp Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Assets i.e., Welspun Corp's Total Assets and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Welspun Corp 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 Welspun Corp 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.
Short Long Term Debt Total
Most indicators from Welspun Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Corp 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.
As of 12/14/2024,
Issuance Of Capital Stock is likely to grow to about 17.6
M, while
Selling General Administrative is likely to drop slightly above 1.5
B.
Welspun Corp fundamental ratios Correlations
Click cells to compare fundamentals
Welspun Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Welspun Corp fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Welspun Stock Analysis
When running Welspun Corp's price analysis, check to
measure Welspun Corp's 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 Welspun Corp is operating at the current time. Most of Welspun Corp's value examination focuses on studying past and present price action to
predict the probability of Welspun Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welspun Corp's price. Additionally, you may evaluate how the addition of Welspun Corp to your portfolios can decrease your overall portfolio volatility.