SUKHJITS | | | 303.80 10.55 3.60% |
Sukhjit Starch financial indicator trend analysis is much more than just breaking down Sukhjit Starch Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sukhjit Starch Chemicals is a good investment. Please check the relationship between Sukhjit Starch Gross Profit and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sukhjit Starch Chemicals Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sukhjit Starch's Gross Profit and Cost Of Revenue is 0.68. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sukhjit Starch Chemicals, assuming nothing else is changed. The correlation between historical values of Sukhjit Starch's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sukhjit Starch Chemicals are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Sukhjit Starch's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sukhjit Starch Chemicals minus its cost of goods sold. It is profit before Sukhjit Starch operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on Sukhjit Starch Chemicals income statement and represents the costs associated with goods and services Sukhjit Starch provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Sukhjit Starch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sukhjit Starch Chemicals 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 Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Selling General Administrative is likely to drop to about 197.4
M in 2024.
Tax Provision is likely to drop to about 161.7
M in 2024
Sukhjit Starch fundamental ratios Correlations
Click cells to compare fundamentals
Sukhjit Starch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sukhjit Starch fundamental ratios Accounts
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measure Sukhjit Starch's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sukhjit Starch is operating at the current time. Most of Sukhjit Starch's value examination focuses on studying past and present price action to
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