Indegene Common Stock Shares Outstanding vs Short Term Debt Analysis

INDGN Stock   600.65  9.75  1.65%   
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 Shares Outstanding and its Short Term Debt 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 Shares Outstanding vs Short Term Debt

Common Stock Shares Outstanding vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indegene Common Stock Shares Outstanding account and Short Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Indegene's Common Stock Shares Outstanding and Short Term Debt is -0.75. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Debt 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 Shares Outstanding and Short Term Debt 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 Shares Outstanding of Indegene are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Indegene's Common Stock Shares Outstanding and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Term Debt

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 12th 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.