GEOJITFSL | | | 121.18 0.04 0.03% |
Geojit Financial financial indicator trend analysis is much more than just examining Geojit Financial Services latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Geojit Financial Services is a good investment. Please check the relationship between Geojit Financial Current Deferred Revenue and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Current Deferred Revenue vs Common Stock Shares Outstanding
Current Deferred Revenue vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Geojit Financial Services Current Deferred Revenue account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Geojit Financial's Current Deferred Revenue and Common Stock Shares Outstanding is -0.3. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Geojit Financial Services, assuming nothing else is changed. The correlation between historical values of Geojit Financial's Current Deferred Revenue and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Geojit Financial Services are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Current Deferred Revenue i.e., Geojit Financial's Current Deferred Revenue and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Geojit Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Geojit Financial Services 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 Geojit Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
The Geojit Financial's current
Selling General Administrative is estimated to increase to about 2.4
B, while
Tax Provision is projected to decrease to roughly 363.2
M.
Geojit Financial fundamental ratios Correlations
Click cells to compare fundamentals
Geojit Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Geojit Financial fundamental ratios Accounts
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Other Information on Investing in Geojit Stock
Balance Sheet is a snapshot of the
financial position of Geojit Financial Services at a specified time, usually calculated after every quarter, six months, or one year. Geojit Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Geojit Financial 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 Geojit currently owns. An asset can also be divided into two categories, current and non-current.