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 Income Before Tax and its Depreciation And Amortization 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.
Income Before Tax vs Depreciation And Amortization
Income Before Tax vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Samvardhana Motherson Income Before Tax account and
Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Samvardhana Motherson's Income Before Tax and Depreciation And Amortization is 0.62. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization 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 Income Before Tax and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Samvardhana Motherson International are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Samvardhana Motherson's Income Before Tax and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Samvardhana Motherson income statement and is an important metric when analyzing Samvardhana Motherson profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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.
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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Additional Tools for Samvardhana Stock Analysis
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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
predict the probability of Samvardhana Motherson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Samvardhana Motherson's price. Additionally, you may evaluate how the addition of Samvardhana Motherson to your portfolios can decrease your overall portfolio volatility.