SAIL Stock | | | 114.09 1.26 1.12% |
Steel Authority financial indicator trend analysis is much more than just breaking down Steel Authority prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Steel Authority is a good investment. Please check the relationship between Steel Authority Total Revenue and its Selling And Marketing Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Authority of. 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.
Total Revenue vs Selling And Marketing Expenses
Total Revenue vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Steel Authority Total Revenue account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Steel Authority's Total Revenue and Selling And Marketing Expenses is 0.9. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Steel Authority of, assuming nothing else is changed. The correlation between historical values of Steel Authority's Total Revenue and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Steel Authority of are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Total Revenue i.e., Steel Authority's Total Revenue and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Steel Authority generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Selling And Marketing Expenses
Most indicators from Steel Authority's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Steel Authority 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 Steel Authority of. 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.
Selling General Administrative is likely to drop to about 1.4
B in 2024.
Tax Provision is likely to drop to about 7.4
B in 2024
Steel Authority fundamental ratios Correlations
Click cells to compare fundamentals
Steel Authority Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Steel Authority fundamental ratios Accounts
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