SBC Begin Period Cash Flow vs Depreciation Analysis
| SBCWW Stock | 0.25 0.0001 0.04% |
SBC Medical financial indicator trend analysis is much more than just breaking down SBC Medical Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBC Medical Group is a good investment. Please check the relationship between SBC Medical Begin Period Cash Flow and its Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Begin Period Cash Flow vs Depreciation
Begin Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBC Medical Group Begin Period Cash Flow account and Depreciation. At this time, the significance of the direction appears to have pay attention.
The correlation between SBC Medical's Begin Period Cash Flow and Depreciation is -0.99. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of SBC Medical Group, assuming nothing else is changed. The correlation between historical values of SBC Medical's Begin Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of SBC Medical Group are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Begin Period Cash Flow i.e., SBC Medical's Begin Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Depreciation
Depreciation indicates how much of SBC Medical Group value has been used up. For tax purposes SBC Medical can deduct the cost of the tangible assets it purchases as business expenses. However, SBC Medical Group 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.Most indicators from SBC Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBC Medical Group 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 SBC Medical Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. Tax Provision is likely to drop to about 29.2 M in 2024. Selling General Administrative is likely to drop to about 63.9 M in 2024
| 2010 | 2023 | 2024 (projected) | Net Interest Income | 440.9K | 41.5K | 39.4K | Tax Provision | 18.1M | 35.0M | 29.2M |
SBC Medical fundamental ratios Correlations
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SBC Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 SBC Stock Analysis
When running SBC Medical's price analysis, check to measure SBC Medical's 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 SBC Medical is operating at the current time. Most of SBC Medical's value examination focuses on studying past and present price action to predict the probability of SBC Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBC Medical's price. Additionally, you may evaluate how the addition of SBC Medical to your portfolios can decrease your overall portfolio volatility.