Indegene Non Current Liabilities Total vs Cash And Short Term Investments 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 Non Current Liabilities Total 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 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.

Non Current Liabilities Total vs Cash And Short Term Investments

Non Current Liabilities Total 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 Indegene Non Current Liabilities Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Indegene's Non Current Liabilities Total and Cash And Short Term Investments is 0.4. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Indegene, assuming nothing else is changed. The correlation between historical values of Indegene's Non Current Liabilities Total 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 Non Current Liabilities Total of Indegene 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 Non Current Liabilities Total i.e., Indegene's Non Current Liabilities Total and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Liabilities Total

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Indegene balance sheet. This account contains Indegene investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Indegene 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 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.