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 Ebitda and its Income Tax Expense 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.
Ebitda vs Income Tax Expense
Ebitda vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shemaroo Entertainment Ebitda account and
Income Tax Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shemaroo Entertainment's Ebitda and Income Tax Expense is 0.96. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Income Tax Expense 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 Ebitda and Income Tax 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 Ebitda of Shemaroo Entertainment Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebitda i.e., Shemaroo Entertainment's Ebitda and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Income Tax Expense
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.