SILGO Stock | | | 37.82 0.10 0.26% |
Silgo Retail financial indicator trend analysis is much more than just breaking down Silgo Retail Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silgo Retail Limited is a good investment. Please check the relationship between Silgo Retail Selling General Administrative and its Net Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Silgo Retail 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 persons.
Selling General Administrative vs Net Income
Selling General Administrative vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Silgo Retail Limited Selling General Administrative account and
Net Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Silgo Retail's Selling General Administrative and Net Income is 0.29. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income in the same time period over historical financial statements of Silgo Retail Limited, assuming nothing else is changed. The correlation between historical values of Silgo Retail's Selling General Administrative and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Silgo Retail Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Selling General Administrative i.e., Silgo Retail's Selling General Administrative and Net Income go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Selling General Administrative
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Silgo Retail Limited financial statement analysis. It represents the amount of money remaining after all of Silgo Retail Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Silgo Retail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silgo Retail Limited 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 Silgo Retail 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 persons.
At this time, Silgo Retail'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 212.3
M, while
Tax Provision is likely to drop about 7.5
M.
Silgo Retail fundamental ratios Correlations
Click cells to compare fundamentals
Silgo Retail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silgo Retail fundamental ratios Accounts
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Other Information on Investing in Silgo Stock
Balance Sheet is a snapshot of the
financial position of Silgo Retail Limited at a specified time, usually calculated after every quarter, six months, or one year. Silgo Retail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Silgo Retail 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 Silgo currently owns. An asset can also be divided into two categories, current and non-current.