| SBCL Stock | | | 517.80 2.50 0.48% |
Shivalik Bimetal financial indicator trend analysis is much more than just breaking down Shivalik Bimetal Controls prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shivalik Bimetal Controls is a good investment. Please check the relationship between Shivalik Bimetal Total Revenue and its Depreciation And Amortization accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Shivalik Bimetal Controls. 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 Depreciation And Amortization
Total Revenue vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shivalik Bimetal Controls Total Revenue account and
Depreciation And Amortization. At this time, the significance of the direction appears to have totally related.
The correlation between Shivalik Bimetal's Total Revenue and Depreciation And Amortization is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Shivalik Bimetal Controls, assuming nothing else is changed. The correlation between historical values of Shivalik Bimetal's Total Revenue 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 Total Revenue of Shivalik Bimetal Controls 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 Total Revenue i.e., Shivalik Bimetal's Total Revenue and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Shivalik Bimetal Controls 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.
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 Shivalik Bimetal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shivalik Bimetal Controls 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 Shivalik Bimetal Controls. 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.
Tax Provision is likely to gain to about 331.9
M in 2025, whereas
Selling General Administrative is likely to drop slightly above 24.5
M in 2025.
| 2022 | 2023 | 2024 | 2025 (projected) |
Interest Expense | 70.4M | 43.4M | 49.9M | 29.8M | Depreciation And Amortization | 105.5M | 120.5M | 138.6M | 145.5M |
Shivalik Bimetal fundamental ratios Correlations
Click cells to compare fundamentals
Shivalik Bimetal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shivalik Bimetal fundamental ratios Accounts
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Additional Tools for Shivalik Stock Analysis
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measure Shivalik Bimetal'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 Shivalik Bimetal is operating at the current time. Most of Shivalik Bimetal's value examination focuses on studying past and present price action to
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