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 Retained Earnings and its Current Deferred Revenue 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.
Retained Earnings vs Current Deferred Revenue
Retained Earnings vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Mazagon Dock Shipbuilders Retained Earnings account and
Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mazagon Dock's Retained Earnings and Current Deferred Revenue is 0.51. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue 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 Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Mazagon Dock Shipbuilders are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Mazagon Dock's Retained Earnings and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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.