TAJGVK Stock | | | 342.05 3.05 0.90% |
Taj GVK financial indicator trend analysis is much more than just breaking down Taj GVK Hotels prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taj GVK Hotels is a good investment. Please check the relationship between Taj GVK Change To Inventory and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
Change To Inventory vs Net Income
Change To Inventory vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Taj GVK Hotels Change To Inventory account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Taj GVK's Change To Inventory and Net Income is -0.03. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Net Income in the same time period over historical financial statements of Taj GVK Hotels, assuming nothing else is changed. The correlation between historical values of Taj GVK's Change To Inventory and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Taj GVK Hotels are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Inventory i.e., Taj GVK's Change To Inventory and Net Income go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Taj GVK Hotels financial statement analysis. It represents the amount of money remaining after all of Taj GVK Hotels operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Taj GVK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taj GVK Hotels 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 Taj GVK Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
The current year's
Tax Provision is expected to grow to about 321.8
M, whereas
Selling General Administrative is forecasted to decline to about 147.9
M.
Taj GVK fundamental ratios Correlations
Click cells to compare fundamentals
Taj GVK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Taj GVK fundamental ratios Accounts
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Other Information on Investing in Taj Stock
Balance Sheet is a snapshot of the
financial position of Taj GVK Hotels at a specified time, usually calculated after every quarter, six months, or one year. Taj GVK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Taj GVK 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 Taj currently owns. An asset can also be divided into two categories, current and non-current.