Indegene Common Stock vs Short Long Term Debt Total Analysis

INDGN Stock   590.90  0.15  0.03%   
Indegene financial indicator trend analysis is infinitely more than just investigating Indegene recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indegene is a good investment. Please check the relationship between Indegene Common Stock and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indegene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Common Stock vs Short Long Term Debt Total

Common Stock vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indegene Common Stock account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Indegene's Common Stock and Short Long Term Debt Total is 0.12. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Indegene, assuming nothing else is changed. The correlation between historical values of Indegene's Common Stock and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Indegene are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock i.e., Indegene's Common Stock and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Short Long Term Debt Total

Most indicators from Indegene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indegene 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 Indegene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of the 11th of December 2024, Selling General Administrative is likely to drop to about 650.9 M
 2021 2022 2023 2024 (projected)
Total Revenue16.6B23.1B25.9B18.0B
Depreciation And Amortization334.5M598.1M506M412.4M

Indegene fundamental ratios Correlations

-0.020.970.980.970.950.010.950.940.050.96-0.710.980.990.940.680.50.96-0.540.860.99-0.60.90.910.98-0.58
-0.020.02-0.04-0.26-0.050.91-0.28-0.26-0.570.190.67-0.1-0.130.25-0.630.82-0.1-0.110.48-0.110.410.180.120.1-0.05
0.970.020.930.940.890.110.950.94-0.110.96-0.680.930.940.950.640.480.98-0.650.820.95-0.520.910.920.99-0.47
0.98-0.040.930.950.9-0.070.930.950.220.91-0.671.00.960.870.650.440.95-0.550.840.99-0.510.850.860.94-0.49
0.97-0.260.940.950.92-0.21.00.980.160.88-0.850.970.980.850.810.270.96-0.520.70.98-0.670.820.850.93-0.53
0.95-0.050.890.90.920.020.910.84-0.020.94-0.750.910.980.920.750.520.84-0.340.830.94-0.770.880.90.93-0.78
0.010.910.11-0.07-0.20.02-0.19-0.22-0.830.260.5-0.12-0.060.33-0.440.79-0.05-0.240.44-0.10.30.330.280.17-0.09
0.95-0.280.950.931.00.91-0.190.980.120.87-0.860.950.970.850.820.240.96-0.540.670.97-0.660.820.850.93-0.5
0.94-0.260.940.950.980.84-0.220.980.210.84-0.80.960.930.810.760.210.98-0.630.670.97-0.520.80.820.91-0.36
0.05-0.57-0.110.220.16-0.02-0.830.120.21-0.2-0.230.230.06-0.270.21-0.510.070.13-0.190.16-0.03-0.25-0.24-0.120.16
0.960.190.960.910.880.940.260.870.84-0.2-0.580.90.941.00.560.680.9-0.510.930.92-0.570.930.940.99-0.65
-0.710.67-0.68-0.67-0.85-0.750.5-0.86-0.8-0.23-0.58-0.71-0.8-0.53-0.980.16-0.710.29-0.29-0.750.8-0.58-0.63-0.650.48
0.98-0.10.931.00.970.91-0.120.950.960.230.9-0.710.960.870.680.40.96-0.540.811.0-0.540.830.840.94-0.49
0.99-0.130.940.960.980.98-0.060.970.930.060.94-0.80.960.910.780.430.93-0.460.80.98-0.710.880.910.96-0.65
0.940.250.950.870.850.920.330.850.81-0.271.0-0.530.870.910.510.710.88-0.520.930.89-0.540.930.930.98-0.63
0.68-0.630.640.650.810.75-0.440.820.760.210.56-0.980.680.780.51-0.120.67-0.340.30.72-0.750.630.670.63-0.47
0.50.820.480.440.270.520.790.240.21-0.510.680.160.40.430.71-0.120.34-0.210.860.4-0.120.620.580.58-0.53
0.96-0.10.980.950.960.84-0.050.960.980.070.9-0.710.960.930.880.670.34-0.680.750.96-0.470.840.860.95-0.36
-0.54-0.11-0.65-0.55-0.52-0.34-0.24-0.54-0.630.13-0.510.29-0.54-0.46-0.52-0.34-0.21-0.68-0.44-0.53-0.21-0.69-0.67-0.61-0.27
0.860.480.820.840.70.830.440.670.67-0.190.93-0.290.810.80.930.30.860.75-0.440.81-0.360.860.840.89-0.6
0.99-0.110.950.990.980.94-0.10.970.970.160.92-0.751.00.980.890.720.40.96-0.530.81-0.590.860.880.96-0.54
-0.60.41-0.52-0.51-0.67-0.770.3-0.66-0.52-0.03-0.570.8-0.54-0.71-0.54-0.75-0.12-0.47-0.21-0.36-0.59-0.44-0.49-0.540.87
0.90.180.910.850.820.880.330.820.8-0.250.93-0.580.830.880.930.630.620.84-0.690.860.86-0.441.00.94-0.5
0.910.120.920.860.850.90.280.850.82-0.240.94-0.630.840.910.930.670.580.86-0.670.840.88-0.491.00.95-0.52
0.980.10.990.940.930.930.170.930.91-0.120.99-0.650.940.960.980.630.580.95-0.610.890.96-0.540.940.95-0.55
-0.58-0.05-0.47-0.49-0.53-0.78-0.09-0.5-0.360.16-0.650.48-0.49-0.65-0.63-0.47-0.53-0.36-0.27-0.6-0.540.87-0.5-0.52-0.55
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Indegene Account Relationship Matchups

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Other Information on Investing in Indegene Stock

Balance Sheet is a snapshot of the financial position of Indegene at a specified time, usually calculated after every quarter, six months, or one year. Indegene Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indegene 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 Indegene currently owns. An asset can also be divided into two categories, current and non-current.