RADICO Stock | | | 2,385 35.45 1.46% |
Radico Khaitan financial indicator trend analysis is much more than just breaking down Radico Khaitan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Radico Khaitan is a good investment. Please check the relationship between Radico Khaitan Total Liab 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 Radico Khaitan Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Total Liab vs Non Current Liabilities Total
Total Liab vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Radico Khaitan Total Liab account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Radico Khaitan's Total Liab and Non Current Liabilities Total is 0.42. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Radico Khaitan Limited, assuming nothing else is changed. The correlation between historical values of Radico Khaitan's Total Liab 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 Total Liab of Radico Khaitan Limited 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 Total Liab i.e., Radico Khaitan's Total Liab and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Non Current Liabilities Total
Most indicators from Radico Khaitan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Radico Khaitan 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 Radico Khaitan Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
As of December 4, 2024,
Selling General Administrative is expected to decline to about 200.3
M. In addition to that,
Tax Provision is expected to decline to about 712.5
MRadico Khaitan fundamental ratios Correlations
Click cells to compare fundamentals
Radico Khaitan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Radico Khaitan fundamental ratios Accounts
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Other Information on Investing in Radico Stock
Balance Sheet is a snapshot of the
financial position of Radico Khaitan at a specified time, usually calculated after every quarter, six months, or one year. Radico Khaitan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Radico Khaitan 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 Radico currently owns. An asset can also be divided into two categories, current and non-current.