| IEX Stock | | | 180.62 0.49 0.27% |
Indian Energy financial indicator trend analysis is infinitely more than just investigating Indian Energy Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Energy Exchange is a good investment. Please check the relationship between Indian Energy Accounts Payable and its Cash And Short Term Investments accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Energy Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Indian Energy Exchange Accounts Payable account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Indian Energy's Accounts Payable and Cash And Short Term Investments is 0.88. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Indian Energy Exchange, assuming nothing else is changed. The correlation between historical values of Indian Energy's Accounts Payable and Cash And Short Term Investments 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 Indian Energy Exchange are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Indian Energy's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.88 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Indian Energy 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 Indian Energy Exchange 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Indian Energy Exchange balance sheet. This account contains Indian Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Indian Energy Exchange fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Indian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Energy Exchange 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 Indian Energy Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
The current year's
Selling General Administrative is expected to grow to about 410.8
M, whereas
Tax Provision is forecasted to decline to about 812
M.
Indian Energy fundamental ratios Correlations
Click cells to compare fundamentals
Indian Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indian Energy fundamental ratios Accounts
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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 Indian Stock
Balance Sheet is a snapshot of the
financial position of Indian Energy Exchange at a specified time, usually calculated after every quarter, six months, or one year. Indian Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indian Energy 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 Indian currently owns. An asset can also be divided into two categories, current and non-current.