| SILGO Stock | | | 40.67 0.17 0.42% |
Silgo Retail financial indicator trend analysis is much more than just breaking down Silgo Retail Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silgo Retail Limited is a good investment. Please check the relationship between Silgo Retail Depreciation And Amortization and its Other Operating Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silgo Retail 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 persons.
Depreciation And Amortization vs Other Operating Expenses
Depreciation And Amortization vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silgo Retail Limited Depreciation And Amortization account and
Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Silgo Retail's Depreciation And Amortization and Other Operating Expenses is 0.81. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Silgo Retail Limited, assuming nothing else is changed. The correlation between historical values of Silgo Retail's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Silgo Retail Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Silgo Retail's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Silgo Retail Limited. It is also known as Silgo Retail overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Silgo Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgo Retail Limited 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 Silgo Retail 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 persons.
At this time, Silgo Retail's
Selling General Administrative is very stable compared to the past year. As of the 17th of December 2024,
Issuance Of Capital Stock is likely to grow to about 212.3
M, while
Tax Provision is likely to drop about 7.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 11.5M | 19.2M | 12.5M | 8.2M | Depreciation And Amortization | 751K | 517K | 417K | 778.8K |
Silgo Retail fundamental ratios Correlations
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Silgo Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silgo Retail fundamental ratios Accounts
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Other Information on Investing in Silgo Stock
Balance Sheet is a snapshot of the
financial position of Silgo Retail Limited at a specified time, usually calculated after every quarter, six months, or one year. Silgo Retail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silgo Retail 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 Silgo currently owns. An asset can also be divided into two categories, current and non-current.