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 Retained Earnings and its Property Plant And Equipment Net 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.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sakar Healthcare Retained Earnings account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have totally related.
The correlation between Sakar Healthcare's Retained Earnings and Property Plant And Equipment Net is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sakar Healthcare Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Sakar Healthcare's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.
Sakar Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Sakar Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sakar Healthcare fundamental ratios Accounts
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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.