| 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 Property Plant And Equipment Net and its Cash 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.
Property Plant And Equipment Net vs Cash
Property Plant And Equipment Net vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pondy Oxides Chemicals Property Plant And Equipment Net account and
Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Pondy Oxides' Property Plant And Equipment Net and Cash is 0.07. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash 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' Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Pondy Oxides Chemicals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Pondy Oxides' Property Plant And Equipment Net and Cash go up and down completely randomly.
Correlation Coefficient | 0.07 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
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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