Nestle India financial indicator trend analysis is infinitely more than just investigating Nestle India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nestle India Limited is a good investment. Please check the relationship between Nestle India Investments and its Change In Working Capital accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nestle India 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 bureau of economic analysis.
Investments vs Change In Working Capital
Investments vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nestle India Limited Investments account and Change In Working Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nestle India's Investments and Change In Working Capital is 0.46. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Nestle India Limited, assuming nothing else is changed. The correlation between historical values of Nestle India's Investments and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Nestle India Limited are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Investments i.e., Nestle India's Investments and Change In Working Capital go up and down completely randomly.
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Change In Working Capital
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.
Most indicators from Nestle India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nestle India Limited 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 Nestle India 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 bureau of economic analysis.
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 Nestle India Limited at a specified time, usually calculated after every quarter, six months, or one year. Nestle India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nestle India 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 Nestle currently owns. An asset can also be divided into two categories, current and non-current.