600104 Stock | | | 19.81 0.97 5.15% |
SAIC financial indicator trend analysis is much more than just breaking down SAIC Motor Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIC Motor Corp is a good investment. Please check the relationship between SAIC Depreciation and its Change To Operating Activities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor 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 board of governors.
Depreciation vs Change To Operating Activities
Depreciation vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SAIC Motor Corp Depreciation account and
Change To Operating Activities. At this time, the significance of the direction appears to have very week relationship.
The correlation between SAIC's Depreciation and Change To Operating Activities is 0.21. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of SAIC Motor Corp, assuming nothing else is changed. The correlation between historical values of SAIC's Depreciation and Change To Operating Activities 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 SAIC Motor Corp are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Depreciation i.e., SAIC's Depreciation and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of SAIC Motor Corp value has been used up. For tax purposes SAIC can deduct the cost of the tangible assets it purchases as business expenses. However, SAIC Motor Corp 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 Operating Activities
Most indicators from SAIC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIC Motor 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in SAIC Motor 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 board of governors.
As of December 28, 2024,
Selling General Administrative is expected to decline to about 36.3
B. In addition to that,
Tax Provision is expected to decline to about 5.1
BSAIC fundamental ratios Correlations
Click cells to compare fundamentals
SAIC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SAIC fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in SAIC Stock
Balance Sheet is a snapshot of the
financial position of SAIC Motor Corp at a specified time, usually calculated after every quarter, six months, or one year. SAIC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SAIC 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 SAIC currently owns. An asset can also be divided into two categories, current and non-current.