GALLANTT | | | 330.60 7.65 2.37% |
Gallantt Ispat financial indicator trend analysis is much more than just examining Gallantt Ispat latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gallantt Ispat is a good investment. Please check the relationship between Gallantt Ispat Total Liab and its Other Current Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gallantt Ispat 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 nation.
Total Liab vs Other Current Assets
Total Liab vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gallantt Ispat Total Liab account and
Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gallantt Ispat's Total Liab and Other Current Assets is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Gallantt Ispat Limited, assuming nothing else is changed. The correlation between historical values of Gallantt Ispat's Total Liab and Other 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 Total Liab of Gallantt Ispat Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Liab i.e., Gallantt Ispat's Total Liab and Other Current Assets go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Gallantt Ispat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gallantt Ispat 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gallantt Ispat 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 nation.
Selling General Administrative is likely to gain to about 170.3
M in 2024.
Tax Provision is likely to gain to about 902.8
M in 2024
Gallantt Ispat fundamental ratios Correlations
Click cells to compare fundamentals
Gallantt Ispat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gallantt Ispat fundamental ratios Accounts
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Additional Tools for Gallantt Stock Analysis
When running Gallantt Ispat's price analysis, check to
measure Gallantt Ispat'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 Gallantt Ispat is operating at the current time. Most of Gallantt Ispat's value examination focuses on studying past and present price action to
predict the probability of Gallantt Ispat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gallantt Ispat's price. Additionally, you may evaluate how the addition of Gallantt Ispat to your portfolios can decrease your overall portfolio volatility.