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 Cash and its Non Current Liabilities Total 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.
Cash vs Non Current Liabilities Total
Cash vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pondy Oxides Chemicals Cash account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pondy Oxides' Cash and Non Current Liabilities Total is -0.02. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Liabilities Total 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' Cash and Non Current Liabilities 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 Cash of Pondy Oxides Chemicals are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Cash i.e., Pondy Oxides' Cash and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Pondy Oxides Chemicals, which is listed under current asset account on Pondy Oxides Chemicals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Pondy Oxides customers. The amounts must be unrestricted with restricted cash listed in a different Pondy Oxides account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Non Current Liabilities Total
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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