Sportsoul Property Plant And Equipment Gross vs Inventory Analysis
001300 Stock | 14.71 0.08 0.55% |
Sportsoul financial indicator trend analysis is much more than just breaking down Sportsoul prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sportsoul is a good investment. Please check the relationship between Sportsoul Property Plant And Equipment Gross and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sportsoul Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Property Plant And Equipment Gross vs Inventory
Property Plant And Equipment Gross vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportsoul Property Plant And Equipment Gross account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sportsoul's Property Plant And Equipment Gross and Inventory is 0.65. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Inventory in the same time period over historical financial statements of Sportsoul Co Ltd, assuming nothing else is changed. The correlation between historical values of Sportsoul's Property Plant And Equipment Gross and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Sportsoul Co Ltd are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Property Plant And Equipment Gross i.e., Sportsoul's Property Plant And Equipment Gross and Inventory go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Inventory
Most indicators from Sportsoul's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sportsoul 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sportsoul Co Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Tax Provision is expected to grow to about (17.8 M). In addition to that, Selling General Administrative is expected to decline to about 43.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.8M | 4.5M | 57.3K | 54.4K | Interest Income | 1.3M | 1.8M | 5.2M | 2.7M |
Sportsoul fundamental ratios Correlations
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Sportsoul Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Sportsoul at a specified time, usually calculated after every quarter, six months, or one year. Sportsoul Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sportsoul 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 Sportsoul currently owns. An asset can also be divided into two categories, current and non-current.