MOTHERSON | | | 164.12 0.47 0.29% |
Samvardhana Motherson financial indicator trend analysis is much more than just breaking down Samvardhana Motherson prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Samvardhana Motherson is a good investment. Please check the relationship between Samvardhana Motherson Depreciation And Amortization and its Net Interest Income accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Samvardhana Motherson International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Depreciation And Amortization vs Net Interest Income
Depreciation And Amortization vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Samvardhana Motherson Depreciation And Amortization account and
Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Samvardhana Motherson's Depreciation And Amortization and Net Interest Income is -0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Samvardhana Motherson International, assuming nothing else is changed. The correlation between historical values of Samvardhana Motherson's Depreciation And Amortization and Net Interest Income 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 And Amortization of Samvardhana Motherson International are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Depreciation And Amortization i.e., Samvardhana Motherson's Depreciation And Amortization and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.63 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Samvardhana Motherson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Samvardhana Motherson 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Samvardhana Motherson International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Selling General Administrative is likely to gain to about 17.7
B in 2024, whereas
Tax Provision is likely to drop slightly above 6.4
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 3.1B | 7.8B | 18.1B | 19.0B | Depreciation And Amortization | 29.4B | 31.6B | 38.1B | 40.0B |
Samvardhana Motherson fundamental ratios Correlations
Click cells to compare fundamentals
Samvardhana Motherson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Samvardhana Motherson fundamental ratios Accounts
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measure Samvardhana Motherson'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 Samvardhana Motherson is operating at the current time. Most of Samvardhana Motherson's value examination focuses on studying past and present price action to
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