Yatra Cash vs Non Current Assets Total Analysis
YATRA Stock | 103.87 0.12 0.12% |
Yatra Online financial indicator trend analysis is more than just analyzing Yatra Online Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yatra Online Limited is a good investment. Please check the relationship between Yatra Online Cash and its Non Current Assets Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yatra Online 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 nation. To learn how to invest in Yatra Stock, please use our How to Invest in Yatra Online guide.
Cash vs Non Current Assets Total
Cash vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yatra Online Limited Cash account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yatra Online's Cash and Non Current Assets Total is 0.65. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Yatra Online Limited, assuming nothing else is changed. The correlation between historical values of Yatra Online's Cash and Non Current Assets 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 Yatra Online Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Cash i.e., Yatra Online's Cash and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Yatra Online Limited, which is listed under current asset account on Yatra Online Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Yatra Online customers. The amounts must be unrestricted with restricted cash listed in a different Yatra Online 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 Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from Yatra Online's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yatra Online Limited 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yatra Online 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 nation. To learn how to invest in Yatra Stock, please use our How to Invest in Yatra Online guide.As of the 1st of December 2024, Selling General Administrative is likely to drop to about 349.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 50.5M | 153.7M | 222.8M | 154.0M | Depreciation And Amortization | 280.8M | 182.8M | 196.8M | 205.6M |
Yatra Online fundamental ratios Correlations
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Yatra Online Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Other Information on Investing in Yatra Stock
Balance Sheet is a snapshot of the financial position of Yatra Online Limited at a specified time, usually calculated after every quarter, six months, or one year. Yatra Online Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yatra Online 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 Yatra currently owns. An asset can also be divided into two categories, current and non-current.