Speciality Depreciation vs Change To Liabilities Analysis

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 DirectionNegative 
Relationship StrengthWeak

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
 2021 2022 2023 2024 (projected)
Interest Expense145.5M139.1M146M83.7M
Depreciation And Amortization273.5M317.2M419M311.5M

Speciality Restaurants fundamental ratios Correlations

0.450.630.720.690.870.180.50.20.30.910.080.86-0.240.80.870.50.720.650.420.550.90.490.79-0.06-0.06
0.450.10.83-0.230.560.310.880.180.070.44-0.680.330.090.370.350.90.380.33-0.130.860.370.840.35-0.68-0.46
0.630.10.280.610.53-0.320.12-0.030.50.540.230.550.120.480.530.120.440.410.540.150.60.130.410.140.2
0.720.830.280.030.830.540.860.28-0.060.74-0.570.51-0.130.540.540.870.640.670.030.930.560.80.49-0.55-0.38
0.69-0.230.610.030.39-0.26-0.240.20.520.570.630.66-0.230.630.65-0.250.490.240.67-0.230.67-0.170.650.520.38
0.870.560.530.830.390.340.660.30.010.97-0.160.54-0.160.750.560.670.810.810.420.720.60.580.72-0.220.06
0.180.31-0.320.54-0.260.340.450.32-0.610.29-0.390.03-0.240.210.080.450.320.47-0.320.550.030.280.19-0.57-0.3
0.50.880.120.86-0.240.660.45-0.02-0.130.51-0.560.36-0.080.310.391.00.310.56-0.250.950.390.950.3-0.63-0.56
0.20.18-0.030.280.20.30.32-0.020.030.36-0.32-0.03-0.110.57-0.030.030.720.310.520.050.0-0.130.54-0.120.32
0.30.070.5-0.060.520.01-0.61-0.130.030.060.310.49-0.040.310.44-0.10.01-0.260.33-0.190.490.010.330.180.02
0.910.440.540.740.570.970.290.510.360.06-0.010.57-0.240.790.590.510.860.780.550.570.630.450.77-0.050.17
0.08-0.680.23-0.570.63-0.16-0.39-0.56-0.320.31-0.010.18-0.140.040.16-0.59-0.22-0.190.33-0.610.15-0.510.090.70.46
0.860.330.550.510.660.540.030.36-0.030.490.570.18-0.230.621.00.350.360.330.160.40.990.410.62-0.04-0.32
-0.240.090.12-0.13-0.23-0.16-0.24-0.08-0.11-0.04-0.24-0.14-0.23-0.16-0.24-0.05-0.12-0.18-0.08-0.05-0.19-0.1-0.14-0.220.18
0.80.370.480.540.630.750.210.310.570.310.790.040.62-0.160.630.350.810.490.550.360.660.210.98-0.180.22
0.870.350.530.540.650.560.080.39-0.030.440.590.161.0-0.240.630.380.370.360.140.430.990.440.62-0.06-0.33
0.50.90.120.87-0.250.670.451.00.03-0.10.51-0.590.35-0.050.350.380.330.55-0.230.960.390.930.33-0.67-0.54
0.720.380.440.640.490.810.320.310.720.010.86-0.220.36-0.120.810.370.330.70.620.40.420.210.77-0.120.29
0.650.330.410.670.240.810.470.560.31-0.260.78-0.190.33-0.180.490.360.550.70.260.60.390.460.47-0.16-0.07
0.42-0.130.540.030.670.42-0.32-0.250.520.330.550.330.16-0.080.550.14-0.230.620.26-0.20.2-0.290.520.520.77
0.550.860.150.93-0.230.720.550.950.05-0.190.57-0.610.4-0.050.360.430.960.40.6-0.20.430.860.32-0.68-0.5
0.90.370.60.560.670.60.030.390.00.490.630.150.99-0.190.660.990.390.420.390.20.430.440.65-0.06-0.28
0.490.840.130.8-0.170.580.280.95-0.130.010.45-0.510.41-0.10.210.440.930.210.46-0.290.860.440.21-0.5-0.64
0.790.350.410.490.650.720.190.30.540.330.770.090.62-0.140.980.620.330.770.470.520.320.650.21-0.170.22
-0.06-0.680.14-0.550.52-0.22-0.57-0.63-0.120.18-0.050.7-0.04-0.22-0.18-0.06-0.67-0.12-0.160.52-0.68-0.06-0.5-0.170.51
-0.06-0.460.2-0.380.380.06-0.3-0.560.320.020.170.46-0.320.180.22-0.33-0.540.29-0.070.77-0.5-0.28-0.640.220.51
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Speciality Restaurants Account Relationship Matchups

Speciality Restaurants fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.5B3.3B3.4B4.7B5.1B3.6B
Other Current Liab164.8M135.1M33.2M177.4M228.8M148.9M
Total Current Liabilities691.7M688.6M720.6M804.5M806.9M627.3M
Total Stockholder Equity1.6B1.4B1.4B2.8B3.1B2.5B
Property Plant And Equipment Net1.9B1.8B1.6B1.8B2.1B1.6B
Current Deferred Revenue96.1M109.3M143.8M133.2M8.6M8.2M
Net Debt1.3B1.3B1.4B1.4B1.3B1.3B
Accounts Payable339.7M329.8M299.2M319.9M281.6M346.9M
Cash16.7M72.4M18.0M64.3M110.7M116.2M
Non Current Assets Total2.4B2.3B2.1B2.6B2.8B2.3B
Non Currrent Assets Other64.4M190.7M48.6M420.8M423.0M561.9M
Cash And Short Term Investments661.2M733.5M1.0B1.8B1.8B1.0B
Net Receivables316.5M31.7M112.6M65.1M79.3M99.0M
Short Term Investments644.5M661.2M988.0M1.7B1.7B955.2M
Liabilities And Stockholders Equity3.5B3.3B3.4B4.7B5.1B3.6B
Non Current Liabilities Total1.2B1.3B1.2B1.2B1.1B1.2B
Inventory73.8M58.1M52.4M68.4M76.9M62.0M
Other Current Assets316.5M204.4M93.7M252.4M252.6M164.8M
Total Liab1.9B2.0B1.9B2.0B1.9B1.1B
Total Current Assets1.1B1.0B1.3B2.1B2.2B1.3B
Accumulated Other Comprehensive Income(1.6B)9.6M21.5M373.3M280.4M294.4M
Short Term Debt187.2M193.5M244.4M275.9M296.5M311.3M
Retained Earnings(470.9M)(752.4M)(671.2M)296.7M471.8M336.7M
Intangible Assets16.6M14.3M11.4M8.6M10.0M12.8M
Net Tangible Assets1.6B1.3B1.4B2.8B2.5B1.9B
Other Assets10K421.0M403.1M459.6M(43.8M)(41.6M)
Property Plant Equipment1.9B1.8B1.6B1.8B2.1B1.7B
Long Term Debt Total1.1B1.2B1.2B1.1B1.3B1.4B
Other Liab67.3M82.0M55.1M37.3M33.6M66.4M
Capital Lease Obligations1.3B1.4B1.4B1.4B1.4B946.5M
Deferred Long Term Liab81.6M77.0M59.2M52.8M47.6M65.3M
Net Invested Capital1.6B1.4B1.4B2.8B3.1B2.3B
Net Working Capital359.7M323.4M544.1M1.3B1.4B780.4M

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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.