SBSW Stock | | | USD 4.07 0.15 3.55% |
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 Short Long Term Debt Total and its Total Current Liabilities 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.
Short Long Term Debt Total vs Total Current Liabilities
Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sibanye Gold Short Long Term Debt Total account and
Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sibanye Gold's Short Long Term Debt Total and Total Current Liabilities is 0.66. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities 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 Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Sibanye Gold Ltd are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Sibanye Gold's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Long Term Debt Total
Total Current Liabilities
Total Current Liabilities is an item on Sibanye Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Sibanye Gold Ltd are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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