Shradha Infraprojects financial indicator trend analysis is much more than just breaking down Shradha Infraprojects prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shradha Infraprojects is a good investment. Please check the relationship between Shradha Infraprojects Net Receivables and its Selling General Administrative accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects 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 unemployment.
Net Receivables vs Selling General Administrative
Net Receivables vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shradha Infraprojects Net Receivables account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Shradha Infraprojects' Net Receivables and Selling General Administrative is 0.08. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Shradha Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Shradha Infraprojects' Net Receivables and Selling General Administrative 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 Receivables of Shradha Infraprojects Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Shradha Infraprojects' Net Receivables and Selling General Administrative go up and down completely randomly.
Most indicators from Shradha Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shradha Infraprojects 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shradha Infraprojects 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 unemployment.
The current year's Selling General Administrative is expected to grow to about 7.5 M. The current year's Tax Provision is expected to grow to about 49.3 M
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of Shradha Infraprojects at a specified time, usually calculated after every quarter, six months, or one year. Shradha Infraprojects Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shradha Infraprojects 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 Shradha currently owns. An asset can also be divided into two categories, current and non-current.