KAVVERITEL | | | 48.08 0.94 1.99% |
Kavveri Telecom financial indicator trend analysis is infinitely more than just investigating Kavveri Telecom Products recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kavveri Telecom Products is a good investment. Please check the relationship between Kavveri Telecom Good Will and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kavveri Telecom Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Good Will vs Total Current Assets
Good Will vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kavveri Telecom Products Good Will account and
Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kavveri Telecom's Good Will and Total Current Assets is 0.29. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Kavveri Telecom Products, assuming nothing else is changed. The correlation between historical values of Kavveri Telecom's Good Will and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Kavveri Telecom Products are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Good Will i.e., Kavveri Telecom's Good Will and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Kavveri Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kavveri Telecom Products 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kavveri Telecom Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The Kavveri Telecom's current
Tax Provision is estimated to increase to about 97.8
K, while
Selling General Administrative is projected to decrease to under 6.8
M.
Kavveri Telecom fundamental ratios Correlations
Click cells to compare fundamentals
Kavveri Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kavveri Telecom fundamental ratios Accounts
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Other Information on Investing in Kavveri Stock
Balance Sheet is a snapshot of the
financial position of Kavveri Telecom Products at a specified time, usually calculated after every quarter, six months, or one year. Kavveri Telecom Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kavveri Telecom 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 Kavveri currently owns. An asset can also be divided into two categories, current and non-current.