Yatharth Cash vs Total Current Assets Analysis
YATHARTH | 594.65 4.55 0.76% |
Yatharth Hospital financial indicator trend analysis is more than just analyzing Yatharth Hospital Trauma current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yatharth Hospital Trauma is a good investment. Please check the relationship between Yatharth Hospital Cash and its Total Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yatharth Hospital Trauma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yatharth Hospital Trauma Cash account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Yatharth Hospital's Cash and Total Current Assets is -0.15. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Yatharth Hospital Trauma, assuming nothing else is changed. The correlation between historical values of Yatharth Hospital's Cash and Total Current Assets 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 of Yatharth Hospital Trauma are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Yatharth Hospital's Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Yatharth Hospital Trauma, which is listed under current asset account on Yatharth Hospital Trauma balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Yatharth Hospital customers. The amounts must be unrestricted with restricted cash listed in a different Yatharth Hospital 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.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Yatharth Hospital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yatharth Hospital Trauma 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 Yatharth Hospital Trauma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Selling General Administrative is likely to drop to about 13.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 214.9M | 213.9M | 114.1M | 148.4M | Depreciation And Amortization | 278.7M | 275.1M | 293M | 273.8M |
Yatharth Hospital fundamental ratios Correlations
Click cells to compare fundamentals
Yatharth Hospital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 Yatharth Stock Analysis
When running Yatharth Hospital's price analysis, check to measure Yatharth Hospital'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 Yatharth Hospital is operating at the current time. Most of Yatharth Hospital's value examination focuses on studying past and present price action to predict the probability of Yatharth Hospital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yatharth Hospital's price. Additionally, you may evaluate how the addition of Yatharth Hospital to your portfolios can decrease your overall portfolio volatility.