SECUREKLOUD Net Borrowings vs Change To Netincome Analysis

SECURKLOUD   32.58  0.24  0.73%   
SECUREKLOUD TECHNOLOGIES financial indicator trend analysis is much more than just breaking down SECUREKLOUD TECHNOLOGIES prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SECUREKLOUD TECHNOLOGIES is a good investment. Please check the relationship between SECUREKLOUD TECHNOLOGIES Net Borrowings and its Change To Netincome accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SECUREKLOUD 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 metropolitan statistical area.

Net Borrowings vs Change To Netincome

Net Borrowings vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SECUREKLOUD TECHNOLOGIES Net Borrowings account and Change To Netincome. At this time, the significance of the direction appears to have almost no relationship.
The correlation between SECUREKLOUD TECHNOLOGIES's Net Borrowings and Change To Netincome is 0.14. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of SECUREKLOUD TECHNOLOGIES LIMITED, assuming nothing else is changed. The correlation between historical values of SECUREKLOUD TECHNOLOGIES's Net Borrowings and Change To Netincome 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 Borrowings of SECUREKLOUD TECHNOLOGIES LIMITED are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Borrowings i.e., SECUREKLOUD TECHNOLOGIES's Net Borrowings and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Netincome

Most indicators from SECUREKLOUD TECHNOLOGIES's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SECUREKLOUD 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 SECUREKLOUD 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 metropolitan statistical area.
At this time, SECUREKLOUD TECHNOLOGIES's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 81.5 M this year, although the value of Selling General Administrative will most likely fall to about 247.6 M.
 2022 2023 2024 2025 (projected)
Research Development414.7M97.4M112.0M106.4M
Cost Of Revenue4.0B3.4B3.9B2.3B

SECUREKLOUD TECHNOLOGIES fundamental ratios Correlations

0.390.080.430.910.740.270.250.97-0.450.250.960.290.570.850.490.470.930.490.810.70.420.230.52-0.70.73
0.390.730.98-0.020.250.94-0.110.48-0.17-0.10.220.650.880.20.690.990.180.76-0.180.850.170.960.89-0.250.11
0.080.730.69-0.220.030.72-0.180.150.06-0.19-0.050.480.530.040.520.68-0.080.5-0.330.44-0.050.70.570.05-0.17
0.430.980.690.020.330.93-0.120.52-0.18-0.110.260.640.840.230.780.990.210.79-0.160.850.220.950.89-0.260.15
0.91-0.02-0.220.020.67-0.130.340.83-0.420.340.940.040.240.830.210.070.930.190.970.390.34-0.170.17-0.670.74
0.740.250.030.330.670.020.60.62-0.030.610.770.180.310.630.490.330.820.540.510.380.490.150.49-0.240.36
0.270.940.720.93-0.130.02-0.430.41-0.18-0.430.10.580.810.130.630.930.00.62-0.250.80.10.910.75-0.230.08
0.25-0.11-0.18-0.120.340.6-0.430.070.061.00.30.04-0.020.16-0.01-0.10.480.220.26-0.10.16-0.130.160.010.07
0.970.480.150.520.830.620.410.07-0.590.080.880.340.640.750.560.550.810.520.730.80.370.320.56-0.810.81
-0.45-0.170.06-0.18-0.42-0.03-0.180.06-0.590.06-0.26-0.06-0.23-0.04-0.38-0.2-0.2-0.08-0.4-0.510.03-0.11-0.130.92-0.89
0.25-0.1-0.19-0.110.340.61-0.431.00.080.060.310.05-0.010.160.0-0.090.490.230.25-0.10.18-0.120.170.010.07
0.960.22-0.050.260.940.770.10.30.88-0.260.310.170.470.920.320.310.980.390.870.540.460.060.39-0.560.62
0.290.650.480.640.040.180.580.040.34-0.060.050.170.660.210.320.650.180.82-0.10.580.150.670.74-0.15-0.01
0.570.880.530.840.240.310.81-0.020.64-0.23-0.010.470.660.390.460.890.410.760.110.90.230.760.87-0.40.27
0.850.20.040.230.830.630.130.160.75-0.040.160.920.210.390.210.270.890.270.80.420.440.080.32-0.360.38
0.490.690.520.780.210.490.63-0.010.56-0.380.00.320.320.460.210.740.280.630.020.660.210.670.59-0.380.41
0.470.990.680.990.070.330.93-0.10.55-0.2-0.090.310.650.890.270.740.250.8-0.110.880.230.940.9-0.30.18
0.930.18-0.080.210.930.820.00.480.81-0.20.490.980.180.410.890.280.250.390.860.460.460.030.39-0.490.55
0.490.760.50.790.190.540.620.220.52-0.080.230.390.820.760.270.630.80.39-0.020.730.280.720.88-0.20.16
0.81-0.18-0.33-0.160.970.51-0.250.260.73-0.40.250.87-0.10.110.80.02-0.110.86-0.020.240.26-0.34-0.03-0.640.7
0.70.850.440.850.390.380.8-0.10.8-0.51-0.10.540.580.90.420.660.880.460.730.240.170.730.84-0.660.54
0.420.17-0.050.220.340.490.10.160.370.030.180.460.150.230.440.210.230.460.280.260.170.230.260.020.18
0.230.960.70.95-0.170.150.91-0.130.32-0.11-0.120.060.670.760.080.670.940.030.72-0.340.730.230.83-0.11-0.02
0.520.890.570.890.170.490.750.160.56-0.130.170.390.740.870.320.590.90.390.88-0.030.840.260.83-0.270.14
-0.7-0.250.05-0.26-0.67-0.24-0.230.01-0.810.920.01-0.56-0.15-0.4-0.36-0.38-0.3-0.49-0.2-0.64-0.660.02-0.11-0.27-0.94
0.730.11-0.170.150.740.360.080.070.81-0.890.070.62-0.010.270.380.410.180.550.160.70.540.18-0.020.14-0.94
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SECUREKLOUD TECHNOLOGIES Account Relationship Matchups

SECUREKLOUD TECHNOLOGIES fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B3.1B2.9B2.0B2.2B3.0B
Short Long Term Debt Total1.4B1.1B1.1B1.2B1.4B1.5B
Other Current Liab377.2M529.2M(124.6M)485.2M558.0M585.9M
Total Current Liabilities1.6B1.5B1.8B1.7B2.0B2.1B
Total Stockholder Equity368.9M513.9M216.7M(60.2M)(69.2M)(65.8M)
Property Plant And Equipment Net22.4M89.4M73.8M44.1M50.7M64.3M
Net Debt1.1B968.8M1.1B1.2B1.3B1.4B
Cash344.7M157.5M49.4M35.7M41.0M39.0M
Non Current Assets Total1.6B2.2B2.0B1.5B1.7B1.8B
Non Currrent Assets Other18.4M84.2M29.7M11.9M10.7M11.3M
Cash And Short Term Investments344.7M157.5M78.9M35.7M41.0M39.0M
Net Receivables646.0M755.2M699.2M335.8M386.2M366.9M
Common Stock Shares Outstanding30.7M31.0M33.2M33.4M38.4M27.9M
Liabilities And Stockholders Equity2.7B3.1B2.9B2.0B2.2B3.0B
Non Current Liabilities Total652.9M541.0M437.3M389.5M447.9M292.9M
Other Current Assets75.0M65.4M95.5M74.9M86.1M171.4M
Total Liab2.3B2.1B2.2B2.1B2.4B2.6B
Total Current Assets1.1B974.9M835.6M446.4M513.3M487.7M
Retained Earnings(760.4M)(770.1M)(1.2B)(1.5B)(1.3B)(1.3B)
Accounts Payable369.7M380.0M435.5M402.0M462.3M308.4M
Current Deferred Revenue201.0M501.1M614.0M60.2M69.2M65.7M
Short Term Debt843.9M601.0M854.9M838.9M964.8M1.0B
Inventory(2.0M)20.8M(6.6M)(8.5M)(7.7M)(8.1M)
Accumulated Other Comprehensive Income364.8M352.6M350.5M(227.2M)(204.5M)(194.3M)
Intangible Assets289.4M659.1M565.6M161.8M145.6M138.3M
Other Liab96.6M93.6M15.7M20.2M18.1M17.2M
Net Tangible Assets(1.5B)(1.2B)(1.5B)(1.7B)(1.6B)(1.5B)
Other Assets13.4M18.5M21.7M21.2M19.1M18.1M
Long Term Debt556.7M482.7M388.3M358.3M322.5M377.8M
Net Invested Capital1.8B1.6B1.3B1.1B1.0B955.9M
Short Long Term Debt843.1M572.5M673.6M819.8M942.8M724.9M
Net Working Capital(550.4M)(536.1M)(928.8M)(1.3B)(1.1B)(1.1B)
Property Plant Equipment47.0M22.4M89.4M73.8M66.4M59.8M
Capital Lease Obligations3.5M55.2M42.6M28.8M33.1M28.6M

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Other Information on Investing in SECUREKLOUD Stock

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