BHAGCHEM | | | 296.60 3.30 1.10% |
Bhagiradha Chemicals financial indicator trend analysis is way more than just evaluating Bhagiradha Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bhagiradha Chemicals is a good investment. Please check the relationship between Bhagiradha Chemicals Net Interest Income and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Net Interest Income vs Other Operating Expenses
Net Interest Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bhagiradha Chemicals Net Interest Income account and
Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bhagiradha Chemicals' Net Interest Income and Other Operating Expenses is -0.11. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Bhagiradha Chemicals Industries, assuming nothing else is changed. The correlation between historical values of Bhagiradha Chemicals' Net Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Bhagiradha Chemicals Industries are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Interest Income i.e., Bhagiradha Chemicals' Net Interest Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bhagiradha Chemicals. It is also known as Bhagiradha Chemicals overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Bhagiradha Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bhagiradha Chemicals 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At present, Bhagiradha Chemicals'
Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
Bhagiradha Chemicals fundamental ratios Correlations
Click cells to compare fundamentals
Bhagiradha Chemicals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bhagiradha Chemicals 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.
Other Information on Investing in Bhagiradha Stock
Balance Sheet is a snapshot of the
financial position of Bhagiradha Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Bhagiradha Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bhagiradha Chemicals 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 Bhagiradha currently owns. An asset can also be divided into two categories, current and non-current.