Silgo Total Operating Expenses vs Income Before Tax Analysis

SILGO Stock   37.99  0.12  0.32%   
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 Total Operating Expenses and its Income Before Tax 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.

Total Operating Expenses vs Income Before Tax

Total Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silgo Retail Limited Total Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Silgo Retail's Total Operating Expenses and Income Before Tax is 0.65. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax 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 Total Operating Expenses and Income Before Tax 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 Operating Expenses of Silgo Retail Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., Silgo Retail's Total Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Silgo Retail income statement and is an important metric when analyzing Silgo Retail Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 27th 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.
 2021 2022 2023 2024 (projected)
Interest Expense11.5M19.2M12.5M8.2M
Depreciation And Amortization751K517K417K778.8K

Silgo Retail fundamental ratios Correlations

0.870.880.870.630.010.490.55-0.20.420.490.950.871.00.870.840.470.260.880.840.640.990.78-0.280.850.54
0.870.850.710.70.010.280.52-0.060.60.280.750.880.870.720.90.430.110.750.850.860.860.55-0.380.870.47
0.880.850.680.850.180.20.65-0.150.620.20.831.00.880.690.940.580.390.720.970.770.830.69-0.090.930.6
0.870.710.680.27-0.030.820.47-0.210.140.820.840.670.871.00.670.360.160.980.650.360.890.86-0.410.690.5
0.630.70.850.27-0.01-0.310.42-0.220.67-0.310.590.870.630.290.860.40.380.320.890.860.550.34-0.020.830.33
0.010.010.18-0.03-0.010.040.530.660.410.04-0.070.150.01-0.06-0.040.550.070.010.01-0.06-0.02-0.030.56-0.040.53
0.490.280.20.82-0.310.040.19-0.12-0.271.00.490.170.490.80.140.090.040.790.12-0.140.560.67-0.390.170.27
0.550.520.650.470.420.530.190.550.710.190.420.610.550.510.610.99-0.20.440.60.270.490.430.440.650.99
-0.2-0.06-0.15-0.21-0.220.66-0.120.550.53-0.12-0.42-0.17-0.21-0.18-0.130.59-0.68-0.23-0.22-0.23-0.23-0.270.49-0.10.54
0.420.60.620.140.670.41-0.270.710.53-0.270.190.630.420.180.670.68-0.240.180.590.570.350.190.140.670.61
0.490.280.20.82-0.310.041.00.19-0.12-0.270.490.170.490.80.150.090.040.790.12-0.140.560.67-0.390.170.27
0.950.750.830.840.59-0.070.490.42-0.420.190.490.820.950.830.750.350.480.850.810.580.950.75-0.230.750.43
0.870.881.00.670.870.150.170.61-0.170.630.170.820.870.670.950.540.390.710.980.830.820.65-0.130.930.56
1.00.870.880.870.630.010.490.55-0.210.420.490.950.870.870.840.460.270.880.840.640.990.78-0.290.850.54
0.870.720.691.00.29-0.060.80.51-0.180.180.80.830.670.870.70.40.10.970.660.360.90.87-0.40.720.53
0.840.90.940.670.86-0.040.140.61-0.130.670.150.750.950.840.70.540.160.690.970.820.80.64-0.240.990.55
0.470.430.580.360.40.550.090.990.590.680.090.350.540.460.40.54-0.210.320.540.220.40.320.560.580.98
0.260.110.390.160.380.070.04-0.2-0.68-0.240.040.480.390.270.10.16-0.210.220.340.330.250.25-0.020.12-0.19
0.880.750.720.980.320.010.790.44-0.230.180.790.850.710.880.970.690.320.220.690.450.910.81-0.450.70.46
0.840.850.970.650.890.010.120.6-0.220.590.120.810.980.840.660.970.540.340.690.820.780.6-0.130.960.55
0.640.860.770.360.86-0.06-0.140.27-0.230.57-0.140.580.830.640.360.820.220.330.450.820.610.23-0.320.750.19
0.990.860.830.890.55-0.020.560.49-0.230.350.560.950.820.990.90.80.40.250.910.780.610.78-0.360.80.49
0.780.550.690.860.34-0.030.670.43-0.270.190.670.750.650.780.870.640.320.250.810.60.230.78-0.320.690.44
-0.28-0.38-0.09-0.41-0.020.56-0.390.440.490.14-0.39-0.23-0.13-0.29-0.4-0.240.56-0.02-0.45-0.13-0.32-0.36-0.32-0.20.47
0.850.870.930.690.83-0.040.170.65-0.10.670.170.750.930.850.720.990.580.120.70.960.750.80.69-0.20.6
0.540.470.60.50.330.530.270.990.540.610.270.430.560.540.530.550.98-0.190.460.550.190.490.440.470.6
Click cells to compare fundamentals

Silgo Retail Account Relationship Matchups

Silgo Retail fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets269.4M451.6M511.9M521.1M633.4M318.8M
Other Current Liab2.6M12.6M31.0M20.8M16.0M11.7M
Total Current Liabilities92.0M180.8M186.7M182.8M90.9M103.6M
Total Stockholder Equity177.4M260.6M284.0M307.4M540.8M567.9M
Net Debt77.4M172.4M191.5M187.0M(18.3M)(17.4M)
Accounts Payable1.7M4.1M4.5M4.4M5.8M7.1M
Cash2.6M1.0M439.6K155K86.2M90.5M
Non Current Assets Total4.0M3.7M3.0M2.7M2.2M3.1M
Non Currrent Assets Other(100.0)30.020.0115.1829.0K27.5K
Other Assets10.0579.6K479.3K613K1.00.95
Cash And Short Term Investments2.6M1.0M439.6K160K86.2M90.5M
Common Stock Shares Outstanding4.8M11.2M11.0M12.0M13.8M10.0M
Liabilities And Stockholders Equity269.4M451.6M511.9M521.1M633.4M318.8M
Total Liab92.0M191.0M227.9M213.8M92.5M113.9M
Total Current Assets265.4M447.9M508.9M518.5M631.1M315.7M
Property Plant And Equipment Net3.9M3.0M2.4M2.0M1.6M2.1M
Current Deferred Revenue10.3M11.4M17.1M12.2M1.2M1.3M
Retained Earnings32.9M54.4M77.8M101.2M132.5M139.1M
Net Receivables93.5M130.3M158.6M164.9M45.7M89.2M
Non Current Liabilities Total655.3K10.2M41.3M31.0M1.6M1.5M
Inventory159.9M264.6M334.3M338.4M459.0M234.4M
Other Current Assets9.3M51.9M15.5M15.0M40.3M42.3M
Other Stockholder Equity77.8M103.5M103.5M103.5M223.4M234.6M
Cash And Equivalents2.6M1.0M439.6K155K139.5K132.5K
Short Term Debt79.9M164.1M151.5M157.6M68.1M101.5M
Property Plant Equipment3.9M3.0M2.4M2.0M2.3M3.1M
Net Tangible Assets176.7M260.4M283.9M307.4M353.5M207.7M
Net Invested Capital257.4M433.9M475.9M494.6M608.7M377.3M
Short Long Term Debt80.0M164.2M151.5M157.6M67.9M101.7M
Net Working Capital173.3M267.0M322.3M335.7M540.2M272.4M
Intangible Assets57.7K127.3K49.6K23K29K43.0K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.