SPECIALITY | | | 152.57 0.09 0.06% |
Speciality Restaurants financial indicator trend analysis is much more than just breaking down Speciality Restaurants prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Speciality Restaurants is a good investment. Please check the relationship between Speciality Restaurants Depreciation and its Change To Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Speciality Restaurants 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 gross domestic product.
Depreciation vs Change To Liabilities
Depreciation vs Change To Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Speciality Restaurants Depreciation account and
Change To Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Speciality Restaurants' Depreciation and Change To Liabilities is -0.64. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Speciality Restaurants Limited, assuming nothing else is changed. The correlation between historical values of Speciality Restaurants' Depreciation and Change To Liabilities 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 of Speciality Restaurants Limited are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Depreciation i.e., Speciality Restaurants' Depreciation and Change To Liabilities go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation
Depreciation indicates how much of Speciality Restaurants value has been used up. For tax purposes Speciality Restaurants can deduct the cost of the tangible assets it purchases as business expenses. However, Speciality Restaurants Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Change To Liabilities
Most indicators from Speciality Restaurants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Speciality Restaurants 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 Speciality Restaurants 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 gross domestic product.
Selling General Administrative is expected to rise to about 168
M this year.
Tax Provision is expected to rise to about 55.1
M this year
Speciality Restaurants fundamental ratios Correlations
Click cells to compare fundamentals
Speciality Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Speciality Restaurants fundamental ratios Accounts
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Other Information on Investing in Speciality Stock
Balance Sheet is a snapshot of the
financial position of Speciality Restaurants at a specified time, usually calculated after every quarter, six months, or one year. Speciality Restaurants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Speciality Restaurants 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 Speciality currently owns. An asset can also be divided into two categories, current and non-current.