SBSW Stock | | | USD 4.09 0.07 1.74% |
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 Total Assets and its Gross Profit Margin 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.
Total Assets vs Gross Profit Margin
Total Assets vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sibanye Gold Total Assets account and
Gross Profit Margin. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sibanye Gold's Total Assets and Gross Profit Margin is 0.33. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Gross Profit Margin 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 Total Assets and Gross Profit Margin 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 Assets of Sibanye Gold Ltd are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Total Assets i.e., Sibanye Gold's Total Assets and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Sibanye Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sibanye Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Gross Profit Margin
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).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 60.2B | 34.8B | 12.8B | 15.0B | Total Revenue | 172.2B | 138.3B | 113.7B | 68.2B |
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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