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 Net Income and its Free Cash Flow 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.
Net Income vs Free Cash Flow
Net Income vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sandhar Technologies Net Income account and
Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Sandhar Technologies' Net Income and Free Cash Flow is 0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow 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' Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Sandhar Technologies Limited are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Sandhar Technologies' Net Income and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sandhar Technologies financial statement analysis. It represents the amount of money remaining after all of Sandhar Technologies Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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
MSandhar Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sandhar Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sandhar Technologies fundamental ratios Accounts
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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.