SPECIALITY | | | 152.48 2.20 1.42% |
Speciality Restaurants financial indicator trend analysis is much more than just breaking down Speciality Restaurants prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Speciality Restaurants is a good investment. Please check the relationship between Speciality Restaurants Income Before Tax and its Ebitda accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Speciality Restaurants 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 gross domestic product.
Income Before Tax vs Ebitda
Income Before Tax vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Speciality Restaurants Income Before Tax account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Speciality Restaurants' Income Before Tax and Ebitda is 0.81. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebitda in the same time period over historical financial statements of Speciality Restaurants Limited, assuming nothing else is changed. The correlation between historical values of Speciality Restaurants' Income Before Tax and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Speciality Restaurants Limited are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Income Before Tax i.e., Speciality Restaurants' Income Before Tax and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Speciality Restaurants income statement and is an important metric when analyzing Speciality Restaurants 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.
Ebitda
Most indicators from Speciality Restaurants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Speciality Restaurants 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 Speciality Restaurants 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 gross domestic product.
Selling General Administrative is expected to rise to about 168
M this year.
Tax Provision is expected to rise to about 55.1
M this year
Speciality Restaurants fundamental ratios Correlations
Click cells to compare fundamentals
Speciality Restaurants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Speciality Restaurants fundamental ratios Accounts
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Other Information on Investing in Speciality Stock
Balance Sheet is a snapshot of the
financial position of Speciality Restaurants at a specified time, usually calculated after every quarter, six months, or one year. Speciality Restaurants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Speciality Restaurants 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 Speciality currently owns. An asset can also be divided into two categories, current and non-current.