SWVLW Stock | | | USD 0.01 0.0003 2.00% |
Swvl Holdings financial indicator trend analysis is much more than just breaking down Swvl Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Swvl Holdings Corp is a good investment. Please check the relationship between Swvl Holdings Retained Earnings and its Capital Lease Obligations accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Swvl Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Retained Earnings vs Capital Lease Obligations
Retained Earnings vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Swvl Holdings Corp Retained Earnings account and
Capital Lease Obligations. At this time, the significance of the direction appears to have pay attention.
The correlation between Swvl Holdings' Retained Earnings and Capital Lease Obligations is -0.79. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Capital Lease Obligations in the same time period over historical financial statements of Swvl Holdings Corp, assuming nothing else is changed. The correlation between historical values of Swvl Holdings' Retained Earnings and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Swvl Holdings Corp are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Retained Earnings i.e., Swvl Holdings' Retained Earnings and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | -0.79 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Capital Lease Obligations
Swvl Holdings Corp capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Swvl Holdings asset purchases. For example, Swvl Holdings can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Swvl Holdings control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Most indicators from Swvl Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Swvl Holdings Corp 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 Swvl Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Swvl Holdings'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 2.13 in 2024, whereas
Tax Provision is likely to drop (43.4
K) in 2024.
Swvl Holdings fundamental ratios Correlations
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Swvl Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Swvl Holdings fundamental ratios Accounts
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measure Swvl Holdings' 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 Swvl Holdings is operating at the current time. Most of Swvl Holdings' value examination focuses on studying past and present price action to
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