SGM Stock | | | 12.98 0.08 0.62% |
Sims financial indicator trend analysis is much more than just breaking down Sims prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sims is a good investment. Please check the relationship between Sims Net Income From Continuing Ops and its Interest Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sims. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income From Continuing Ops vs Interest Expense
Net Income From Continuing Ops vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sims Net Income From Continuing Ops account and
Interest Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Sims' Net Income From Continuing Ops and Interest Expense is 0.01. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Sims, assuming nothing else is changed. The correlation between historical values of Sims' Net Income From Continuing Ops and Interest Expense 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 From Continuing Ops of Sims are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Net Income From Continuing Ops i.e., Sims' Net Income From Continuing Ops and Interest Expense go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Sims' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sims 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 Sims. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Discontinued Operations is likely to gain to about 120.8
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 510.9
M in 2024.
Sims fundamental ratios Correlations
Click cells to compare fundamentals
Sims Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sims fundamental ratios Accounts
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Additional Tools for Sims Stock Analysis
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