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 Total Other Income Expense Net and its Tax Provision 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.
Total Other Income Expense Net vs Tax Provision
Total Other Income Expense Net vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgo Retail Limited Total Other Income Expense Net account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Silgo Retail's Total Other Income Expense Net and Tax Provision is -0.84. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Tax Provision 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 Total Other Income Expense Net and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Silgo Retail Limited are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Other Income Expense Net i.e., Silgo Retail's Total Other Income Expense Net and Tax Provision go up and down completely randomly.
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.