SIFY Stock | | | USD 3.45 0.10 2.82% |
Sify Technologies financial indicator trend analysis is much more than just breaking down Sify Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sify Technologies is a good investment. Please check the relationship between Sify Technologies Current Deferred Revenue and its Total Stockholder Equity accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sify 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 census.
Current Deferred Revenue vs Total Stockholder Equity
Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sify Technologies Current Deferred Revenue account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sify Technologies' Current Deferred Revenue and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sify Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sify Technologies' Current Deferred Revenue and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Sify Technologies Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Sify Technologies' Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sify Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sify 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 Sify 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 census.
At this time, Sify Technologies'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 8.01 in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.3
B in 2024.
Sify Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sify Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sify Technologies fundamental ratios Accounts
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Additional Tools for Sify Stock Analysis
When running Sify Technologies' price analysis, check to
measure Sify Technologies' 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 Sify Technologies is operating at the current time. Most of Sify Technologies' value examination focuses on studying past and present price action to
predict the probability of Sify Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sify Technologies' price. Additionally, you may evaluate how the addition of Sify Technologies to your portfolios can decrease your overall portfolio volatility.