SAKSOFT Stock | | | 215.92 0.24 0.11% |
Saksoft financial indicator trend analysis is much more than just breaking down Saksoft Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saksoft Limited is a good investment. Please check the relationship between Saksoft Property Plant And Equipment Net and its Short Term Debt accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Saksoft 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 persons.
Property Plant And Equipment Net vs Short Term Debt
Property Plant And Equipment Net vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Saksoft Limited Property Plant And Equipment Net account and
Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Saksoft's Property Plant And Equipment Net and Short Term Debt is -0.26. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Saksoft Limited, assuming nothing else is changed. The correlation between historical values of Saksoft's Property Plant And Equipment Net and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Saksoft Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., Saksoft's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Short Term Debt
Most indicators from Saksoft's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saksoft 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Saksoft 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 persons.
At this time, Saksoft's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 14.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 174.7
M in 2024.
Saksoft fundamental ratios Correlations
Click cells to compare fundamentals
Saksoft Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saksoft fundamental ratios Accounts
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