CAPACITE | | | 438.10 17.10 3.76% |
Capacite Infraprojects financial indicator trend analysis is way more than just evaluating Capacite Infraprojects prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Capacite Infraprojects is a good investment. Please check the relationship between Capacite Infraprojects Income Before Tax and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Capacite 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 main economic indicators.
Income Before Tax vs Selling General Administrative
Income Before Tax vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Capacite Infraprojects Income Before Tax account and
Selling General Administrative. At this time, the significance of the direction appears to have strong relationship.
The correlation between Capacite Infraprojects' Income Before Tax and Selling General Administrative is 0.73. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Capacite Infraprojects Limited, assuming nothing else is changed. The correlation between historical values of Capacite Infraprojects' Income Before Tax 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 Income Before Tax of Capacite 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 Income Before Tax i.e., Capacite Infraprojects' Income Before Tax and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Capacite Infraprojects income statement and is an important metric when analyzing Capacite Infraprojects profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Selling General Administrative
Most indicators from Capacite Infraprojects' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Capacite 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Capacite 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 main economic indicators.
Issuance Of Capital Stock is likely to gain to about 3.4
B in 2024, whereas Selling General Administrative is likely to drop slightly above 194.9
M in 2024.
Capacite Infraprojects fundamental ratios Correlations
Click cells to compare fundamentals
Capacite Infraprojects Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Capacite Infraprojects fundamental ratios Accounts
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Additional Tools for Capacite Stock Analysis
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measure Capacite Infraprojects' 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 Capacite Infraprojects is operating at the current time. Most of Capacite Infraprojects' value examination focuses on studying past and present price action to
predict the probability of Capacite Infraprojects' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Capacite Infraprojects' price. Additionally, you may evaluate how the addition of Capacite Infraprojects to your portfolios can decrease your overall portfolio volatility.