Kothari Petrochemicals financial indicator trend analysis is infinitely more than just investigating Kothari Petrochemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kothari Petrochemicals is a good investment. Please check the relationship between Kothari Petrochemicals Cash And Short Term Investments and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kothari Petrochemicals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Cash And Short Term Investments vs Short Term Debt
Cash And Short Term Investments vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kothari Petrochemicals Cash And Short Term Investments account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kothari Petrochemicals' Cash And Short Term Investments and Short Term Debt is -0.41. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Kothari Petrochemicals Limited, assuming nothing else is changed. The correlation between historical values of Kothari Petrochemicals' Cash And Short Term Investments 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 Cash And Short Term Investments of Kothari Petrochemicals Limited 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 Cash And Short Term Investments i.e., Kothari Petrochemicals' Cash And Short Term Investments and Short Term Debt go up and down completely randomly.
Short Term Investments is an account in the current assets section of Kothari Petrochemicals balance sheet. This account contains Kothari Petrochemicals investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kothari Petrochemicals Limited 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.
Short Term Debt
Most indicators from Kothari Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kothari Petrochemicals 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 Kothari Petrochemicals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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.
Balance Sheet is a snapshot of the financial position of Kothari Petrochemicals at a specified time, usually calculated after every quarter, six months, or one year. Kothari Petrochemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kothari Petrochemicals 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 Kothari currently owns. An asset can also be divided into two categories, current and non-current.