PAYTM Stock | | | 1,014 11.90 1.19% |
One 97 financial indicator trend analysis is much more than just breaking down One 97 Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether One 97 Communications is a good investment. Please check the relationship between One 97 Net Tangible Assets and its Total Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One 97 Communications. 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 Tangible Assets vs Total Assets
Net Tangible Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
One 97 Communications Net Tangible Assets account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between One 97's Net Tangible Assets and Total Assets is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of One 97 Communications, assuming nothing else is changed. The correlation between historical values of One 97's Net Tangible Assets and Total Assets 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 Tangible Assets of One 97 Communications are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., One 97's Net Tangible Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Assets
Total assets refers to the total amount of One 97 assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in One 97 Communications books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from One 97's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into One 97 Communications 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in One 97 Communications. 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.
At this time, One 97's
Tax Provision is very stable compared to the past year. As of the 29th of December 2024,
Selling General Administrative is likely to grow to about 1.3
B, while
Discontinued Operations is likely to drop (50.1
M).
One 97 fundamental ratios Correlations
Click cells to compare fundamentals
One 97 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
One 97 fundamental ratios Accounts
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Other Information on Investing in One Stock
Balance Sheet is a snapshot of the
financial position of One 97 Communications at a specified time, usually calculated after every quarter, six months, or one year. One 97 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of One 97 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 One currently owns. An asset can also be divided into two categories, current and non-current.