Zee Learn financial indicator trend analysis is more than just analyzing Zee Learn Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Learn Limited is a good investment. Please check the relationship between Zee Learn Accounts Payable and its Non Currrent Assets Other accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Learn 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 income.
Accounts Payable vs Non Currrent Assets Other
Accounts Payable vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zee Learn Limited Accounts Payable account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zee Learn's Accounts Payable and Non Currrent Assets Other is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Zee Learn Limited, assuming nothing else is changed. The correlation between historical values of Zee Learn's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Zee Learn Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Zee Learn's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Zee Learn obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zee Learn Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Zee Learn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee Learn 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 Zee Learn 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 income.
As of 12/22/2024,
Selling General Administrative is likely to drop to about 91.4
M. In addition to that,
Tax Provision is likely to drop to about 206.8
MZee Learn fundamental ratios Correlations
Click cells to compare fundamentals
Zee Learn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zee Learn fundamental ratios Accounts
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