SHEMAROO | | | 166.23 3.45 2.03% |
Shemaroo Entertainment financial indicator trend analysis is much more than just breaking down Shemaroo Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shemaroo Entertainment is a good investment. Please check the relationship between Shemaroo Entertainment Ebit and its Selling General Administrative accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Shemaroo Entertainment 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 nation.
Ebit vs Selling General Administrative
Ebit vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shemaroo Entertainment Ebit account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shemaroo Entertainment's Ebit and Selling General Administrative is -0.14. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Shemaroo Entertainment Limited, assuming nothing else is changed. The correlation between historical values of Shemaroo Entertainment's Ebit and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Shemaroo Entertainment Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebit i.e., Shemaroo Entertainment's Ebit and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
Selling General Administrative
Most indicators from Shemaroo Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shemaroo Entertainment 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 Shemaroo Entertainment 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 nation.
As of the 29th of November 2024, Selling General Administrative is likely to drop to about 133
M. In addition to that,
Tax Provision is likely to drop to about 25
MShemaroo Entertainment fundamental ratios Correlations
Click cells to compare fundamentals
Shemaroo Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shemaroo Entertainment fundamental ratios Accounts
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Other Information on Investing in Shemaroo Stock
Balance Sheet is a snapshot of the
financial position of Shemaroo Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Shemaroo Entertainment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shemaroo Entertainment 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 Shemaroo currently owns. An asset can also be divided into two categories, current and non-current.