| POCL Stock | | | 894.80 6.20 0.69% |
Pondy Oxides financial indicator trend analysis is much more than just breaking down Pondy Oxides Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pondy Oxides Chemicals is a good investment. Please check the relationship between Pondy Oxides Accounts Payable and its Total Current Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pondy Oxides Chemicals. 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.
Accounts Payable vs Total Current Assets
Accounts Payable vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pondy Oxides Chemicals Accounts Payable account and
Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Pondy Oxides' Accounts Payable and Total Current Assets is -0.25. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Pondy Oxides Chemicals, assuming nothing else is changed. The correlation between historical values of Pondy Oxides' Accounts Payable and Total Current 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 Accounts Payable of Pondy Oxides Chemicals are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Pondy Oxides' Accounts Payable and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.25 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Pondy Oxides obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Pondy Oxides Chemicals are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Pondy Oxides' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pondy Oxides Chemicals 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 Pondy Oxides Chemicals. 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.
Selling General Administrative is likely to gain to about 24.6
M in 2024
Pondy Oxides fundamental ratios Correlations
Click cells to compare fundamentals
Pondy Oxides Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pondy Oxides fundamental ratios Accounts
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Additional Tools for Pondy Stock Analysis
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measure Pondy Oxides' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pondy Oxides is operating at the current time. Most of Pondy Oxides' value examination focuses on studying past and present price action to
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