Sony Reconciled Depreciation vs Interest Income Analysis

SONY Stock  USD 19.06  0.01  0.05%   
Sony Group financial indicator trend analysis is much more than just breaking down Sony Group Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sony Group Corp is a good investment. Please check the relationship between Sony Group Reconciled Depreciation and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sony Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Reconciled Depreciation vs Interest Income

Reconciled Depreciation vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sony Group Corp Reconciled Depreciation account and Interest Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Sony Group's Reconciled Depreciation and Interest Income is 0.09. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Income in the same time period over historical financial statements of Sony Group Corp, assuming nothing else is changed. The correlation between historical values of Sony Group's Reconciled Depreciation and Interest 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 Reconciled Depreciation of Sony Group Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Reconciled Depreciation i.e., Sony Group's Reconciled Depreciation and Interest Income go up and down completely randomly.

Correlation Coefficient

0.09
Relationship DirectionPositive 
Relationship StrengthInsignificant

Reconciled Depreciation

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Sony Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sony Group Corp 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 Sony Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 T in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense104.1B59.0B41.0B38.9B
Depreciation And Amortization904.5B1.0T1.1T1.2T

Sony Group fundamental ratios Correlations

0.920.961.00.970.750.760.940.580.990.660.30.830.871.00.720.73-0.381.00.790.750.890.720.70.720.63
0.920.950.940.960.810.940.950.390.940.720.050.740.920.890.790.71-0.480.910.850.560.970.670.890.480.67
0.960.950.970.980.750.840.980.440.960.740.180.770.960.930.730.82-0.410.950.860.650.920.750.810.570.72
1.00.940.970.970.740.790.950.550.990.690.260.820.880.990.740.74-0.370.990.820.730.90.740.740.690.66
0.970.960.980.970.780.840.970.520.980.680.20.780.940.950.720.77-0.440.960.810.660.940.680.780.590.64
0.750.810.750.740.780.820.730.420.790.330.10.780.750.730.870.56-0.830.740.510.60.780.310.650.530.27
0.760.940.840.790.840.820.850.130.80.69-0.20.610.830.710.80.59-0.580.750.810.340.890.580.90.250.63
0.940.950.980.950.970.730.850.390.940.790.140.720.910.910.70.77-0.360.930.90.620.910.810.790.530.77
0.580.390.440.550.520.420.130.390.56-0.140.810.590.460.620.230.49-0.260.590.020.790.490.020.20.72-0.15
0.990.940.960.990.980.790.80.940.560.660.230.830.880.990.760.7-0.450.990.790.710.910.690.720.690.62
0.660.720.740.690.680.330.690.79-0.140.66-0.310.440.610.620.540.440.040.650.970.220.620.930.640.220.99
0.30.050.180.260.20.1-0.20.140.810.23-0.310.260.190.35-0.150.47-0.020.32-0.190.70.13-0.01-0.080.55-0.25
0.830.740.770.820.780.780.610.720.590.830.440.260.70.830.860.56-0.40.830.560.860.730.490.550.850.4
0.870.920.960.880.940.750.830.910.460.880.610.190.70.830.670.89-0.470.860.740.590.920.580.850.460.58
1.00.890.930.990.950.730.710.910.620.990.620.350.830.830.70.7-0.371.00.750.780.850.70.630.760.6
0.720.790.730.740.720.870.80.70.230.760.54-0.150.860.670.70.42-0.60.720.640.560.710.470.650.560.48
0.730.710.820.740.770.560.590.770.490.70.440.470.560.890.70.42-0.30.720.570.670.720.530.720.430.46
-0.38-0.48-0.41-0.37-0.44-0.83-0.58-0.36-0.26-0.450.04-0.02-0.4-0.47-0.37-0.6-0.3-0.37-0.11-0.25-0.460.11-0.37-0.190.12
1.00.910.950.990.960.740.750.930.590.990.650.320.830.861.00.720.72-0.370.780.760.870.720.680.740.62
0.790.850.860.820.810.510.810.90.020.790.97-0.190.560.740.750.640.57-0.110.780.360.760.920.740.330.96
0.750.560.650.730.660.60.340.620.790.710.220.70.860.590.780.560.67-0.250.760.360.570.430.360.90.23
0.890.970.920.90.940.780.890.910.490.910.620.130.730.920.850.710.72-0.460.870.760.570.570.90.490.57
0.720.670.750.740.680.310.580.810.020.690.93-0.010.490.580.70.470.530.110.720.920.430.570.540.390.95
0.70.890.810.740.780.650.90.790.20.720.64-0.080.550.850.630.650.72-0.370.680.740.360.90.540.210.59
0.720.480.570.690.590.530.250.530.720.690.220.550.850.460.760.560.43-0.190.740.330.90.490.390.210.22
0.630.670.720.660.640.270.630.77-0.150.620.99-0.250.40.580.60.480.460.120.620.960.230.570.950.590.22
Click cells to compare fundamentals

Sony Group Account Relationship Matchups

Sony Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.0T26.4T30.5T32.0T34.1T35.8T
Short Long Term Debt Total1.9T2.5T3.4T4.1T4.1T4.3T
Other Current Liab2.5T4.7T4.7T5.2T5.9T6.2T
Total Current Liabilities6.2T7.8T8.8T9.3T10.2T10.7T
Total Stockholder Equity4.1T5.6T7.1T7.2T7.6T8.0T
Property Plant And Equipment Net1.3T1.4T1.5T3.2T2.0T1.2T
Net Debt346.4B669.5B1.3T2.6T2.2T2.3T
Retained Earnings2.8T3.9T3.8T4.6T6.0T6.3T
Cash1.5T1.8T2.0T1.5T993.3B905.6B
Non Current Assets Total17.3T19.1T24.9T27.6T27.3T28.7T
Non Currrent Assets Other1.4T1.5T2.3T2.6T21.4T22.4T
Cash And Short Term Investments3.4T4.7T2.6T1.9T993.3B1.4T
Net Receivables1.2T1.4T1.6T1.8T2.2T1.1T
Common Stock Shares Outstanding1.3B6.3B6.3B6.2B6.2B6.5B
Liabilities And Stockholders Equity23.0T26.4T30.5T32.0T34.1T35.8T
Non Current Liabilities Total12.0T12.9T14.5T15.4T16.1T16.9T
Inventory590.0B637.4B874.0B1.5T1.5T826.7B
Other Current Assets594.0B3.9T1.9T1.8T2.1T2.2T
Other Stockholder Equity1.1T(681.8B)(619.3B)(14.8T)1.1T568.8B
Total Liab18.2T20.7T23.3T24.8T26.3T27.6T
Property Plant And Equipment Gross1.3T1.4T1.5T1.8T4.4T4.6T
Total Current Assets5.7T7.2T5.5T5.8T6.8T3.9T
Accumulated Other Comprehensive Income(581.0B)(524.0B)1.2T15.4T(376.1B)(357.3B)
Short Term Debt908.9B1.4T2.1T2.1T2.0T2.1T
Intangible Assets906.3B996.3B450.1B563.8B2.0T2.1T
Accounts Payable380.8B1.6T1.8T1.9T2.1T2.2T
Short Term Investments1.8T2.9T510.0B439.3B17.9T18.7T
Common Stock865.7B874.3B880.2B880.4B881.4B574.8B
Other Liab1.1T880.5B1.5T13.7T15.7T16.5T
Other Assets1.9T1.0T1.3T(1.3T)(1.5T)(1.5T)
Long Term Debt592.8B773.3B1.2T1.8T2.1T2.2T
Good Will783.9B827.1B952.9B1.3T1.5T1.6T
Property Plant Equipment1.3T1.4T1.5T1.8T2.1T2.2T
Current Deferred Revenue2.4T2.8T2.9T3.2T3.7T2.3T
Net Tangible Assets2.4T3.8T4.4T3.8T4.4T2.4T
Long Term Investments12.7T14.3T19.4T19.6T17.9T12.4T
Short Long Term Debt840.0B1.3T2.1T2.1T2.0T1.2T

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.

Additional Tools for Sony Stock Analysis

When running Sony Group's price analysis, check to measure Sony Group'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 Sony Group is operating at the current time. Most of Sony Group's value examination focuses on studying past and present price action to predict the probability of Sony Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sony Group's price. Additionally, you may evaluate how the addition of Sony Group to your portfolios can decrease your overall portfolio volatility.