Zee Learn financial indicator trend analysis is more than just analyzing Zee Learn Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zee Learn Limited is a good investment. Please check the relationship between Zee Learn Common Stock Shares Outstanding and its Accounts Payable accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zee Learn 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 income.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zee Learn Limited Common Stock Shares Outstanding account and
Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Zee Learn's Common Stock Shares Outstanding and Accounts Payable is 0.35. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Zee Learn Limited, assuming nothing else is changed. The correlation between historical values of Zee Learn's Common Stock Shares Outstanding and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Zee Learn Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Shares Outstanding i.e., Zee Learn's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Accounts Payable
An accounting item on the balance sheet that represents Zee Learn obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Zee Learn Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Zee Learn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zee Learn 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 Zee Learn 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 income.
As of 12/11/2024,
Selling General Administrative is likely to drop to about 91.4
M. In addition to that,
Tax Provision is likely to drop to about 206.8
MZee Learn fundamental ratios Correlations
Click cells to compare fundamentals
Zee Learn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zee Learn fundamental ratios Accounts
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measure Zee Learn's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zee Learn is operating at the current time. Most of Zee Learn's value examination focuses on studying past and present price action to
predict the probability of Zee Learn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zee Learn's price. Additionally, you may evaluate how the addition of Zee Learn to your portfolios can decrease your overall portfolio volatility.