Sanginita Depreciation And Amortization vs Research Development Analysis

SANGINITA   15.90  0.08  0.51%   
Sanginita Chemicals financial indicator trend analysis is much more than just breaking down Sanginita Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanginita Chemicals is a good investment. Please check the relationship between Sanginita Chemicals Depreciation And Amortization and its Research Development accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanginita Chemicals 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 gross domestic product.

Depreciation And Amortization vs Research Development

Depreciation And Amortization vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanginita Chemicals Depreciation And Amortization account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sanginita Chemicals' Depreciation And Amortization and Research Development is -0.35. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Research Development in the same time period over historical financial statements of Sanginita Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Sanginita Chemicals' Depreciation And Amortization and Research Development 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 And Amortization of Sanginita Chemicals Limited are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Depreciation And Amortization i.e., Sanginita Chemicals' Depreciation And Amortization and Research Development go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Research Development

Most indicators from Sanginita Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanginita Chemicals 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 Sanginita Chemicals 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 gross domestic product.
The current Tax Provision is estimated to decrease to about 2.6 M. The current Selling General Administrative is estimated to decrease to about 1.2 M
 2021 2022 2023 2024 (projected)
Interest Expense20.1M25.0M26.1M21.8M
Depreciation And Amortization5.8M5.5M7.4M6.6M

Sanginita Chemicals fundamental ratios Correlations

0.87-0.010.90.980.03-0.330.870.930.5-0.550.430.07-0.550.430.450.9-0.290.90.91.00.860.930.340.62-0.91
0.87-0.180.780.850.08-0.21.00.850.24-0.570.27-0.24-0.570.410.470.77-0.290.750.780.880.980.770.210.49-0.9
-0.01-0.180.05-0.050.240.0-0.18-0.070.290.160.160.40.160.310.190.060.12-0.040.07-0.03-0.140.01-0.150.310.12
0.90.780.050.790.22-0.270.780.80.72-0.470.49-0.03-0.470.550.490.84-0.060.690.990.890.730.740.290.68-0.76
0.980.85-0.050.79-0.08-0.310.850.910.34-0.540.350.08-0.540.320.350.85-0.40.950.780.980.860.960.390.54-0.92
0.030.080.240.22-0.080.080.080.050.27-0.160.540.02-0.160.760.340.250.35-0.180.25-0.020.04-0.05-0.40.480.02
-0.33-0.20.0-0.27-0.310.08-0.2-0.4-0.450.03-0.4-0.490.03-0.27-0.53-0.43-0.25-0.2-0.34-0.31-0.12-0.240.03-0.480.27
0.871.0-0.180.780.850.08-0.20.860.23-0.580.28-0.24-0.580.410.470.77-0.290.750.780.880.980.770.210.49-0.9
0.930.85-0.070.80.910.05-0.40.860.38-0.730.490.11-0.730.390.450.95-0.170.740.810.910.830.770.060.6-0.94
0.50.240.290.720.340.27-0.450.230.38-0.190.510.33-0.190.610.60.540.350.270.730.470.160.340.180.75-0.31
-0.55-0.570.16-0.47-0.54-0.160.03-0.58-0.73-0.19-0.36-0.031.0-0.31-0.34-0.67-0.03-0.35-0.48-0.54-0.57-0.370.16-0.430.67
0.430.270.160.490.350.54-0.40.280.490.51-0.360.6-0.360.490.470.650.280.210.530.350.20.28-0.340.78-0.34
0.07-0.240.4-0.030.080.02-0.49-0.240.110.33-0.030.6-0.030.010.340.250.230.050.040.02-0.260.05-0.320.40.03
-0.55-0.570.16-0.47-0.54-0.160.03-0.58-0.73-0.191.0-0.36-0.03-0.31-0.34-0.67-0.03-0.35-0.48-0.54-0.57-0.370.16-0.430.67
0.430.410.310.550.320.76-0.270.410.390.61-0.310.490.01-0.310.610.530.320.220.580.40.390.36-0.010.8-0.37
0.450.470.190.490.350.34-0.530.470.450.6-0.340.470.34-0.340.610.570.210.220.60.430.350.29-0.230.68-0.4
0.90.770.060.840.850.25-0.430.770.950.54-0.670.650.25-0.670.530.57-0.140.690.870.880.720.74-0.030.72-0.86
-0.29-0.290.12-0.06-0.40.35-0.25-0.29-0.170.35-0.030.280.23-0.030.320.21-0.14-0.52-0.04-0.33-0.34-0.45-0.330.280.3
0.90.75-0.040.690.95-0.18-0.20.750.740.27-0.350.210.05-0.350.220.220.69-0.520.660.920.790.990.580.42-0.8
0.90.780.070.990.780.25-0.340.780.810.73-0.480.530.04-0.480.580.60.87-0.040.660.880.710.720.210.7-0.75
1.00.88-0.030.890.98-0.02-0.310.880.910.47-0.540.350.02-0.540.40.430.88-0.330.920.880.870.940.390.57-0.91
0.860.98-0.140.730.860.04-0.120.980.830.16-0.570.2-0.26-0.570.390.350.72-0.340.790.710.870.810.270.46-0.92
0.930.770.010.740.96-0.05-0.240.770.770.34-0.370.280.05-0.370.360.290.74-0.450.990.720.940.810.540.5-0.81
0.340.21-0.150.290.39-0.40.030.210.060.180.16-0.34-0.320.16-0.01-0.23-0.03-0.330.580.210.390.270.54-0.01-0.16
0.620.490.310.680.540.48-0.480.490.60.75-0.430.780.4-0.430.80.680.720.280.420.70.570.460.5-0.01-0.56
-0.91-0.90.12-0.76-0.920.020.27-0.9-0.94-0.310.67-0.340.030.67-0.37-0.4-0.860.3-0.8-0.75-0.91-0.92-0.81-0.16-0.56
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Sanginita Chemicals Account Relationship Matchups

Sanginita Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets783.8M701.2M792.0M795.0M859.3M681.0M
Short Long Term Debt Total349.4M289.5M345.1M285.8M328.7M305.7M
Other Current Liab(10.3M)(1.8M)(160K)7.6M11.4M11.9M
Total Current Liabilities394.7M305.4M358.9M372.5M422.5M358.2M
Total Stockholder Equity386.1M393.7M397.2M401.4M407.9M309.4M
Property Plant And Equipment Net38.7M35.6M36.6M40.2M72.0M47.7M
Current Deferred Revenue16.4M8.6M6.9M1.3M6.5M9.3M
Net Debt349.2M289.4M345.0M285.5M328.5M304.9M
Retained Earnings150.3M157.9M161.4M165.5M173.2M111.4M
Accounts Payable30.2M8.2M41.5M97.2M108.2M113.6M
Cash264K84K149K272K205K194.8K
Non Current Assets Total46.5M42.9M43.4M92.0M78.6M55.2M
Non Currrent Assets Other(39.2M)2.3M2.1M47.4M2.4M1.8M
Cash And Short Term Investments264K84K149K272K205K194.8K
Liabilities And Stockholders Equity783.8M701.2M792.0M795.0M859.3M681.0M
Non Current Liabilities Total3.0M2.1M35.9M21.1M28.8M30.3M
Inventory203.8M218.8M238.9M269.2M299.5M194.1M
Other Current Assets12.7M14.3M8.2M178.7M216.9M227.7M
Total Liab397.7M307.5M394.8M393.6M451.4M371.5M
Total Current Assets737.2M658.4M748.6M703.0M780.7M625.8M
Short Term Debt319.0M287.7M309.6M263.9M300.8M290.7M
Net Receivables391.7M291.9M251.0M254.9M271.5M337.1M
Other Assets7.4M7.2M6.8M47.4M54.5M57.2M
Other Liab368K306K345K465K418.5K435.4K
Net Tangible Assets385.6M393.7M397.2M401.4M461.6M369.5M
Long Term Debt2.6M1.8M35.6M20.7M27.8M29.2M
Long Term Debt Total2.6M1.8M35.6M20.7M23.7M24.9M
Property Plant Equipment38.7M35.6M36.6M40.2M46.2M41.1M
Short Long Term Debt346.9M287.7M309.6M265.2M300.8M317.2M
Cash And Equivalents264K84K149K272K244.8K430.8K
Net Invested Capital735.5M683.2M742.3M687.2M736.6M755.4M
Net Working Capital342.5M353.0M389.7M330.5M358.2M371.7M

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Other Information on Investing in Sanginita Stock

Balance Sheet is a snapshot of the financial position of Sanginita Chemicals at a specified time, usually calculated after every quarter, six months, or one year. Sanginita Chemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sanginita Chemicals 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 Sanginita currently owns. An asset can also be divided into two categories, current and non-current.