Sakar Non Currrent Assets Other vs Other Liab Analysis

SAKAR Stock   286.25  1.40  0.49%   
Sakar Healthcare financial indicator trend analysis is much more than just breaking down Sakar Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sakar Healthcare is a good investment. Please check the relationship between Sakar Healthcare Non Currrent Assets Other and its Other Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sakar Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Other Liab

Non Currrent Assets Other vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sakar Healthcare Non Currrent Assets Other account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sakar Healthcare's Non Currrent Assets Other and Other Liab is 0.62. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Liab in the same time period over historical financial statements of Sakar Healthcare Limited, assuming nothing else is changed. The correlation between historical values of Sakar Healthcare's Non Currrent Assets Other and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Sakar Healthcare Limited are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Non Currrent Assets Other i.e., Sakar Healthcare's Non Currrent Assets Other and Other Liab go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Liab

Most indicators from Sakar Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sakar Healthcare 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 Sakar Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Sakar Healthcare's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Issuance Of Capital Stock is likely to grow to about 402.7 M, while Tax Provision is likely to drop about 27.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit534.1M598.1M699.6M377.4M
Total Revenue1.3B1.3B1.5B812.9M

Sakar Healthcare fundamental ratios Correlations

0.770.60.990.981.00.770.990.94-0.291.00.570.30.410.660.580.780.940.770.960.820.990.810.830.870.99
0.770.570.820.640.781.00.740.85-0.40.780.710.110.740.550.491.00.590.510.590.990.710.620.690.740.73
0.60.570.610.560.590.570.620.62-0.270.590.290.030.580.550.490.590.430.580.510.630.630.250.650.620.59
0.990.820.610.950.990.820.970.97-0.360.990.580.290.460.620.510.830.920.750.920.870.970.80.80.840.97
0.980.640.560.950.980.640.980.88-0.220.980.50.330.270.660.590.650.960.780.990.710.980.80.830.870.99
1.00.780.590.990.980.780.990.95-0.311.00.580.30.420.640.570.790.940.760.950.830.980.810.830.870.99
0.771.00.570.820.640.780.740.85-0.40.780.710.110.740.550.491.00.590.510.580.990.710.610.690.740.73
0.990.740.620.970.980.990.740.94-0.280.990.560.390.410.690.580.750.930.750.950.80.980.730.880.91.0
0.940.850.620.970.880.950.850.94-0.420.950.50.340.590.630.440.870.860.710.840.890.930.670.810.830.92
-0.29-0.4-0.27-0.36-0.22-0.31-0.4-0.28-0.42-0.3-0.21-0.22-0.26-0.12-0.01-0.41-0.23-0.15-0.17-0.41-0.25-0.13-0.25-0.23-0.28
1.00.780.590.990.981.00.780.990.95-0.30.590.310.420.650.570.790.940.760.950.830.980.810.830.870.99
0.570.710.290.580.50.580.710.560.5-0.210.590.220.270.550.50.70.380.350.460.70.510.580.560.620.58
0.30.110.030.290.330.30.110.390.34-0.220.310.22-0.140.26-0.210.160.380.00.280.220.26-0.070.490.40.37
0.410.740.580.460.270.420.740.410.59-0.260.420.27-0.140.350.390.760.170.290.190.70.380.120.430.410.37
0.660.550.550.620.660.640.550.690.63-0.120.650.550.260.350.660.580.470.750.620.620.720.410.810.870.7
0.580.490.490.510.590.570.490.580.44-0.010.570.5-0.210.390.660.490.40.610.590.520.610.540.660.70.6
0.781.00.590.830.650.791.00.750.87-0.410.790.70.160.760.580.490.590.520.590.990.720.580.720.760.74
0.940.590.430.920.960.940.590.930.86-0.230.940.380.380.170.470.40.590.670.960.650.920.790.720.760.93
0.770.510.580.750.780.760.510.750.71-0.150.760.350.00.290.750.610.520.670.770.560.830.650.610.70.76
0.960.590.510.920.990.950.580.950.84-0.170.950.460.280.190.620.590.590.960.770.650.970.840.780.830.96
0.820.990.630.870.710.830.990.80.89-0.410.830.70.220.70.620.520.990.650.560.650.770.610.790.820.79
0.990.710.630.970.980.980.710.980.93-0.250.980.510.260.380.720.610.720.920.830.970.770.790.840.880.99
0.810.620.250.80.80.810.610.730.67-0.130.810.58-0.070.120.410.540.580.790.650.840.610.790.490.60.77
0.830.690.650.80.830.830.690.880.81-0.250.830.560.490.430.810.660.720.720.610.780.790.840.490.980.88
0.870.740.620.840.870.870.740.90.83-0.230.870.620.40.410.870.70.760.760.70.830.820.880.60.980.9
0.990.730.590.970.990.990.731.00.92-0.280.990.580.370.370.70.60.740.930.760.960.790.990.770.880.9
Click cells to compare fundamentals

Sakar Healthcare Account Relationship Matchups

Sakar Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.8B2.7B3.4B4.0B4.1B
Short Long Term Debt Total167.0M426.0M928.6M1.1B793.5M456.4M
Other Current Liab4.9M22.4M52.9M37.4M41.9M28.2M
Total Current Liabilities142.4M332.7M467.6M544.9M590.6M620.1M
Total Stockholder Equity813.2M984.5M1.3B1.7B2.6B2.8B
Property Plant And Equipment Net893.7M1.4B2.2B2.7B3.1B3.3B
Net Debt164.0M425.1M928.3M1.1B790.9M453.3M
Retained Earnings310.0M409.4M558.9M688.6M805.4M845.6M
Accounts Payable54.4M197.8M305.0M260.9M274.5M288.3M
Cash3.0M824.6K298K933K2.6M2.2M
Non Current Assets Total934.7M1.4B2.2B2.8B3.2B3.3B
Non Currrent Assets Other8.2M8.2M1K70.3M21.4M12.0M
Other Assets146.8M260.5M(1K)70.3M65.4M56.1M
Cash And Short Term Investments3.0M824.6K71.4M35.2M4.7M4.4M
Net Receivables82.3M123.7M141.8M220.8M209.1M121.3M
Common Stock Shares Outstanding15.0M150.8K15.1M18.6M20.5M12.9M
Liabilities And Stockholders Equity1.2B1.8B2.7B3.4B3.9B4.1B
Non Current Liabilities Total195.7M460.7M935.4M1.1B738.1M447.5M
Inventory109.3M157.0M141.8M154.0M280.6M294.7M
Other Current Assets21.1M55.7M145.2M149.2M225.0M236.3M
Other Stockholder Equity348.2M417.4M546.2M860.4M1.6B1.6B
Total Liab338.0M793.4M1.4B1.6B1.3B719.3M
Total Current Assets216.5M337.2M500.2M559.2M716.1M751.9M
Accumulated Other Comprehensive Income5.3M(1.6M)(3.9M)(6.0M)40.9M43.0M
Short Term Debt41.4M41.5M78.5M187.4M213.8M224.5M
Other Liab70.9M76.2M85.3M102.7M118.1M79.5M
Net Tangible Assets780.4M977.2M1.3B1.7B2.0B2.1B
Current Deferred Revenue25.3M71.3M54.1M97.4M17.8M16.9M
Long Term Debt124.7M384.5M850.1M982.3M1.1B1.2B
Long Term Debt Total124.7M384.5M850.1M982.3M1.1B1.2B
Short Long Term Debt42.3M41.5M45.2M130.2M149.7M157.2M
Property Plant Equipment755.0M1.2B2.1B2.7B3.1B3.3B
Cash And Equivalents3.0M824.7K1K933K839.7K797.7K
Net Invested Capital980.2M1.4B2.2B2.8B3.3B3.4B
Net Working Capital74.1M4.5M32.6M14.2M12.8M12.2M
Intangible Assets53.8M32.8M7.3M0.014.6M15.1M

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Other Information on Investing in Sakar Stock

Balance Sheet is a snapshot of the financial position of Sakar Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Sakar Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sakar Healthcare 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 Sakar currently owns. An asset can also be divided into two categories, current and non-current.