| SILLYMONKS | | | 21.54 0.13 0.61% |
Silly Monks financial indicator trend analysis is much more than just breaking down Silly Monks Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silly Monks Entertainment is a good investment. Please check the relationship between Silly Monks Other Operating Expenses and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silly Monks Entertainment Other Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Silly Monks' Other Operating Expenses and Income Before Tax is -0.41. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Silly Monks Entertainment, assuming nothing else is changed. The correlation between historical values of Silly Monks' Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Silly Monks Entertainment are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Silly Monks' Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.41 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Silly Monks Entertainment. It is also known as Silly Monks 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.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Silly Monks income statement and is an important metric when analyzing Silly Monks Entertainment profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Silly Monks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silly Monks 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 Silly Monks Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
As of the 29th of November 2024,
Tax Provision is likely to grow to about 1
M, while
Selling General Administrative is likely to drop about 3.1
M.
Silly Monks fundamental ratios Correlations
Click cells to compare fundamentals
Silly Monks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silly Monks fundamental ratios Accounts
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Other Information on Investing in Silly Stock
Balance Sheet is a snapshot of the
financial position of Silly Monks Entertainment at a specified time, usually calculated after every quarter, six months, or one year. Silly Monks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silly Monks 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 Silly currently owns. An asset can also be divided into two categories, current and non-current.