BIKAJI Stock | | | 802.00 9.80 1.21% |
Bikaji Foods financial indicator trend analysis is way more than just evaluating Bikaji Foods Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bikaji Foods Interna is a good investment. Please check the relationship between Bikaji Foods Tax Provision and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Tax Provision vs Interest Income
Tax Provision vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bikaji Foods Interna Tax Provision account and
Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bikaji Foods' Tax Provision and Interest Income is 0.79. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Interest Income in the same time period over historical financial statements of Bikaji Foods International, assuming nothing else is changed. The correlation between historical values of Bikaji Foods' Tax Provision and Interest 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 Tax Provision of Bikaji Foods International are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Tax Provision i.e., Bikaji Foods' Tax Provision and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Bikaji Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bikaji Foods Interna 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bikaji Foods International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 138.6
M. In addition to that, Tax Provision is expected to decline to about 302.7
MBikaji Foods fundamental ratios Correlations
Click cells to compare fundamentals
Bikaji Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bikaji Foods fundamental ratios Accounts
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Other Information on Investing in Bikaji Stock
Balance Sheet is a snapshot of the
financial position of Bikaji Foods Interna at a specified time, usually calculated after every quarter, six months, or one year. Bikaji Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bikaji Foods 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 Bikaji currently owns. An asset can also be divided into two categories, current and non-current.