SUKHJITS | | | 300.10 6.30 2.06% |
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 Total Revenue and its Tax Provision 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.
Total Revenue vs Tax Provision
Total Revenue vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sukhjit Starch Chemicals Total Revenue account and
Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sukhjit Starch's Total Revenue and Tax Provision is 0.86. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision 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 Total Revenue 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 Revenue of Sukhjit Starch Chemicals 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 Revenue i.e., Sukhjit Starch's Total Revenue and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Sukhjit Starch Chemicals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Tax Provision
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 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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