MAZDOCK Stock | | | 4,724 314.70 6.25% |
Mazagon Dock financial indicator trend analysis is infinitely more than just investigating Mazagon Dock Shipbuilders recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mazagon Dock Shipbuilders is a good investment. Please check the relationship between Mazagon Dock Cash And Short Term Investments and its Retained Earnings accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Cash And Short Term Investments vs Retained Earnings
Cash And Short Term Investments vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mazagon Dock Shipbuilders Cash And Short Term Investments account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mazagon Dock's Cash And Short Term Investments and Retained Earnings is 0.42. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Mazagon Dock Shipbuilders, assuming nothing else is changed. The correlation between historical values of Mazagon Dock's Cash And Short Term Investments and Retained Earnings 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 Mazagon Dock Shipbuilders are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Cash And Short Term Investments i.e., Mazagon Dock's Cash And Short Term Investments and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Mazagon Dock Shipbuilders balance sheet. This account contains Mazagon Dock investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mazagon Dock Shipbuilders 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.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Mazagon Dock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mazagon Dock Shipbuilders 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 Mazagon Dock Shipbuilders. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
The value of
Selling General Administrative is expected to slide to about 911.2
M. The value of
Tax Provision is estimated to slide to about 3.5
BMazagon Dock fundamental ratios Correlations
Click cells to compare fundamentals
Mazagon Dock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mazagon Dock fundamental ratios Accounts
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Other Information on Investing in Mazagon Stock
Balance Sheet is a snapshot of the
financial position of Mazagon Dock Shipbuilders at a specified time, usually calculated after every quarter, six months, or one year. Mazagon Dock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mazagon Dock 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 Mazagon currently owns. An asset can also be divided into two categories, current and non-current.