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 Liab and its Cash 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 Liab vs Cash
Total Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Welspun Corp Limited Total Liab account and
Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Welspun Corp's Total Liab and Cash is 0.75. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Cash 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 Liab 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 Total Liab of Welspun Corp 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 Total Liab i.e., Welspun Corp's Total Liab and Cash go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Cash
Cash refers to the most liquid asset of Welspun Corp Limited, which is listed under current asset account on Welspun Corp Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Welspun Corp customers. The amounts must be unrestricted with restricted cash listed in a different Welspun Corp 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 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
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