Navin Fluorine financial indicator trend analysis is infinitely more than just investigating Navin Fluorine Inter recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navin Fluorine Inter is a good investment. Please check the relationship between Navin Fluorine Change In Working Capital and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navin Fluorine International. 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.
Change In Working Capital vs Depreciation
Change In Working Capital vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navin Fluorine Inter Change In Working Capital account and Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Navin Fluorine's Change In Working Capital and Depreciation is 0.4. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Depreciation in the same time period over historical financial statements of Navin Fluorine International, assuming nothing else is changed. The correlation between historical values of Navin Fluorine's Change In Working Capital and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Navin Fluorine International are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Working Capital i.e., Navin Fluorine's Change In Working Capital and Depreciation go up and down completely randomly.
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Depreciation
Depreciation indicates how much of Navin Fluorine Inter value has been used up. For tax purposes Navin Fluorine can deduct the cost of the tangible assets it purchases as business expenses. However, Navin Fluorine International must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Navin Fluorine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navin Fluorine Inter 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 Navin Fluorine International. 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.
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 Navin Fluorine Inter at a specified time, usually calculated after every quarter, six months, or one year. Navin Fluorine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Navin Fluorine 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 Navin currently owns. An asset can also be divided into two categories, current and non-current.