SBSW Stock | | | USD 4.09 0.00 0.00% |
Sibanye Gold financial indicator trend analysis is much more than just breaking down Sibanye Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sibanye Gold is a good investment. Please check the relationship between Sibanye Gold Depreciation And Amortization and its Income Tax Expense accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sibanye Gold Depreciation And Amortization account and
Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sibanye Gold's Depreciation And Amortization and Income Tax Expense is 0.4. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sibanye Gold Ltd, assuming nothing else is changed. The correlation between historical values of Sibanye Gold's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Sibanye Gold Ltd are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Sibanye Gold's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
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.
Income Tax Expense
Most indicators from Sibanye Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sibanye Gold 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 Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to climb to about 364.6
M in 2024, despite the fact that
Tax Provision is likely to grow to (2.3
B).
Sibanye Gold fundamental ratios Correlations
Click cells to compare fundamentals
Sibanye Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sibanye Gold fundamental ratios Accounts
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measure Sibanye Gold'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 Sibanye Gold is operating at the current time. Most of Sibanye Gold's value examination focuses on studying past and present price action to
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