NIIT Net Receivables vs Short Long Term Debt Total Analysis

NIITMTS Stock   470.10  4.45  0.96%   
NIIT LEARNING financial indicator trend analysis is infinitely more than just investigating NIIT LEARNING SYSTEMS recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NIIT LEARNING SYSTEMS is a good investment. Please check the relationship between NIIT LEARNING Net Receivables and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIIT LEARNING SYSTEMS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Receivables vs Short Long Term Debt Total

Net Receivables vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NIIT LEARNING SYSTEMS Net Receivables account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between NIIT LEARNING's Net Receivables and Short Long Term Debt Total is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of NIIT LEARNING SYSTEMS, assuming nothing else is changed. The correlation between historical values of NIIT LEARNING's Net Receivables and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of NIIT LEARNING SYSTEMS are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Net Receivables i.e., NIIT LEARNING's Net Receivables and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Short Long Term Debt Total

Most indicators from NIIT LEARNING's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NIIT LEARNING SYSTEMS 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 NIIT LEARNING SYSTEMS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Selling General Administrative is likely to gain to about 3.5 B in 2024
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.0B2.9B3.3B2.1B
Cost Of Revenue5.8B6.9B7.0B4.4B

NIIT LEARNING fundamental ratios Correlations

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NIIT LEARNING Account Relationship Matchups

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