Sandhar Depreciation vs Dividends Paid Analysis

SANDHAR Stock   513.85  9.50  1.82%   
Sandhar Technologies financial indicator trend analysis is much more than just breaking down Sandhar Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandhar Technologies is a good investment. Please check the relationship between Sandhar Technologies Depreciation and its Dividends Paid accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandhar Technologies Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sandhar Technologies' Depreciation and Dividends Paid is -0.28. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Sandhar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sandhar Technologies' Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Sandhar Technologies Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Sandhar Technologies' Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of Sandhar Technologies value has been used up. For tax purposes Sandhar Technologies can deduct the cost of the tangible assets it purchases as business expenses. However, Sandhar Technologies Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Sandhar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sandhar Technologies 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 Sandhar Technologies 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 rate.
As of 12/26/2024, Selling General Administrative is likely to drop to about 210.1 M. In addition to that, Tax Provision is likely to drop to about 288.9 M
 2021 2022 2023 2024 (projected)
Interest Expense160.4M357.8M515.2M540.9M
Depreciation And Amortization1.0B1.2B1.5B877.3M

Sandhar Technologies fundamental ratios Correlations

0.730.390.910.960.98-0.10.550.910.970.210.980.160.260.930.690.860.540.640.990.340.640.950.970.750.79
0.73-0.040.570.560.770.230.940.610.64-0.230.780.27-0.180.640.40.620.390.960.780.50.050.840.60.790.85
0.39-0.040.670.320.280.0-0.380.250.410.970.260.560.980.280.330.010.54-0.130.330.020.80.430.550.210.13
0.910.570.670.840.850.00.310.780.920.520.840.350.550.870.680.670.560.430.90.320.760.910.970.770.66
0.960.560.320.840.95-0.30.430.920.930.170.95-0.010.210.910.680.890.460.490.940.240.670.820.920.630.68
0.980.770.280.850.95-0.170.630.910.930.091.00.10.150.880.670.890.530.70.990.360.550.930.910.750.79
-0.10.230.00.0-0.3-0.170.22-0.230.02-0.05-0.160.32-0.030.06-0.17-0.310.10.28-0.080.16-0.280.13-0.010.00.09
0.550.94-0.380.310.430.630.220.490.47-0.550.640.05-0.50.510.280.570.20.930.620.46-0.220.640.380.660.75
0.910.610.250.780.920.91-0.230.490.880.090.910.020.130.860.620.920.430.540.90.260.570.810.850.640.83
0.970.640.410.920.930.930.020.470.880.240.930.090.280.970.710.830.490.560.960.30.640.920.980.690.72
0.21-0.230.970.520.170.09-0.05-0.550.090.240.080.51.00.130.2-0.120.39-0.30.14-0.080.760.240.40.04-0.04
0.980.780.260.840.951.0-0.160.640.910.930.080.120.130.890.650.890.530.710.990.350.540.930.910.750.82
0.160.270.560.35-0.010.10.320.050.020.090.50.120.550.01-0.2-0.130.630.210.16-0.040.340.350.230.310.36
0.26-0.180.980.550.210.15-0.03-0.50.130.281.00.130.550.160.22-0.090.48-0.240.19-0.070.780.290.430.070.02
0.930.640.280.870.910.880.060.510.860.970.130.890.010.160.690.820.340.540.910.350.570.870.940.70.71
0.690.40.330.680.680.67-0.170.280.620.710.20.65-0.20.220.690.550.230.290.70.240.320.620.70.530.42
0.860.620.010.670.890.89-0.310.570.920.83-0.120.89-0.13-0.090.820.550.260.550.870.150.430.730.760.660.72
0.540.390.540.560.460.530.10.20.430.490.390.530.630.480.340.230.260.390.550.110.510.580.540.320.47
0.640.96-0.130.430.490.70.280.930.540.56-0.30.710.21-0.240.540.290.550.390.680.41-0.040.750.50.590.8
0.990.780.330.90.940.99-0.080.620.90.960.140.990.160.190.910.70.870.550.680.350.550.950.940.80.81
0.340.50.020.320.240.360.160.460.260.3-0.080.35-0.04-0.070.350.240.150.110.410.350.070.420.310.490.3
0.640.050.80.760.670.55-0.28-0.220.570.640.760.540.340.780.570.320.430.51-0.040.550.070.530.740.30.31
0.950.840.430.910.820.930.130.640.810.920.240.930.350.290.870.620.730.580.750.950.420.530.930.820.84
0.970.60.550.970.920.91-0.010.380.850.980.40.910.230.430.940.70.760.540.50.940.310.740.930.710.71
0.750.790.210.770.630.750.00.660.640.690.040.750.310.070.70.530.660.320.590.80.490.30.820.710.73
0.790.850.130.660.680.790.090.750.830.72-0.040.820.360.020.710.420.720.470.80.810.30.310.840.710.73
Click cells to compare fundamentals

Sandhar Technologies Account Relationship Matchups

Sandhar Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B16.0B19.8B21.6B24.3B15.6B
Short Long Term Debt Total2.8B3.1B6.1B6.7B7.3B4.5B
Other Current Liab437.5M463.9M628.8M1.1B1.1B946.5M
Total Current Liabilities5.0B5.9B7.7B7.8B9.7B6.9B
Total Stockholder Equity7.6B8.0B8.6B9.2B10.2B6.4B
Property Plant And Equipment Net8.5B8.4B10.0B12.2B13.5B8.5B
Current Deferred Revenue(2.0B)396.9M402.2M476.0M112.7M123.8M
Net Debt2.8B3.0B6.1B6.6B7.0B4.2B
Retained Earnings3.8B4.3B4.8B5.4B6.3B6.6B
Accounts Payable2.4B3.9B3.9B4.1B4.9B3.4B
Cash67.0M59.7M41.0M65.1M331.4M306.7M
Non Current Assets Total9.2B9.3B11.8B13.7B15.1B9.4B
Non Currrent Assets Other101.9M17.6M311.9M367.7M292.6M264.0M
Cash And Short Term Investments96.5M75.1M99.6M356.7M432.8M390.0M
Net Receivables1.9B3.9B4.5B3.6B4.6B3.0B
Short Term Investments29.4M15.4M58.5M291.6M101.3M83.3M
Liabilities And Stockholders Equity13.7B16.0B19.8B21.6B24.3B15.6B
Non Current Liabilities Total1.0B2.0B3.4B4.5B4.4B2.3B
Inventory2.0B2.1B2.6B3.0B3.4B2.3B
Other Current Assets412.2M520.1M837.4M1.1B811.0M732.8M
Total Liab6.0B7.9B11.1B12.3B14.1B9.2B
Total Current Assets4.4B6.6B8.0B7.8B9.2B6.2B
Accumulated Other Comprehensive Income(2.8B)396.4M445.4M466.5M480.8M504.8M
Short Term Debt2.0B1.3B2.9B2.6B3.6B2.5B
Intangible Assets88.1M95.3M681.7M607.8M629.1M660.6M
Other Liab238.9M220.1M189.4M134.1M154.2M189.2M
Net Tangible Assets7.1B7.5B7.9B7.9B9.0B6.1B
Other Assets155.9M189.1M583.1M431.9M(8.3M)(7.9M)
Long Term Debt9.1M992.8M2.5B3.0B2.9B1.6B
Short Long Term Debt1.9B1.1B2.7B2.4B3.4B2.2B
Property Plant Equipment7.7B8.5B8.4B10.0B11.5B8.1B
Long Term Debt Total84.7M788.7M1.8B3.3B3.8B4.0B
Capital Lease Obligations952.0M897.8M985.5M1.2B1.2B848.1M

Also Currently Popular

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.

Additional Tools for Sandhar Stock Analysis

When running Sandhar Technologies' price analysis, check to measure Sandhar Technologies' 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 Sandhar Technologies is operating at the current time. Most of Sandhar Technologies' value examination focuses on studying past and present price action to predict the probability of Sandhar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandhar Technologies' price. Additionally, you may evaluate how the addition of Sandhar Technologies to your portfolios can decrease your overall portfolio volatility.