Sportking Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

SPORTKING   95.06  1.79  1.92%   
Sportking India financial indicator trend analysis is much more than just breaking down Sportking India prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sportking India is a good investment. Please check the relationship between Sportking India Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sportking India 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 estimate.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportking India Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sportking India's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.54. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Sportking India Limited, assuming nothing else is changed. The correlation between historical values of Sportking India's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Sportking India Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Sportking India's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Sportking India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sportking India 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 Sportking India 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 estimate.
The Sportking India's current Selling General Administrative is estimated to increase to about 1.8 B. The Sportking India's current Tax Provision is estimated to increase to about 509.4 M
 2021 2022 2023 2024 (projected)
Gross Profit7.5B5.4B2.9B4.2B
Total Revenue21.0B22.1B23.8B15.2B

Sportking India fundamental ratios Correlations

0.550.250.540.890.840.550.890.5-0.110.870.4-0.420.310.860.560.380.920.9-0.310.780.970.33-0.330.540.28
0.55-0.020.370.380.591.00.39-0.07-0.150.570.35-0.01-0.230.280.720.690.550.4-0.190.810.480.56-0.240.16-0.33
0.25-0.020.610.130.25-0.010.130.64-0.140.24-0.06-0.12-0.010.320.03-0.20.210.11-0.260.460.230.2-0.050.020.7
0.540.370.610.370.210.390.370.73-0.520.230.52-0.25-0.40.740.39-0.290.640.24-0.110.780.640.74-0.24-0.050.64
0.890.380.130.370.740.381.00.41-0.070.770.31-0.470.360.760.690.330.80.87-0.370.580.860.19-0.30.590.15
0.840.590.250.210.740.570.740.320.261.00.09-0.190.570.480.540.730.620.84-0.480.680.67-0.01-0.350.430.04
0.551.0-0.010.390.380.570.39-0.07-0.190.560.35-0.04-0.260.30.720.670.550.39-0.190.820.490.58-0.220.17-0.32
0.890.390.130.371.00.740.390.4-0.060.770.32-0.460.360.760.690.340.80.86-0.360.580.850.19-0.30.590.14
0.5-0.070.640.730.410.32-0.070.4-0.060.350.29-0.150.160.660.09-0.350.40.36-0.170.480.520.14-0.43-0.150.83
-0.11-0.15-0.14-0.52-0.070.26-0.19-0.06-0.060.24-0.160.710.69-0.42-0.20.35-0.33-0.030.12-0.27-0.28-0.67-0.36-0.14-0.34
0.870.570.240.230.771.00.560.770.350.240.13-0.210.570.530.540.70.650.87-0.460.690.710.01-0.360.450.07
0.40.35-0.060.520.310.090.350.320.29-0.160.13-0.01-0.230.480.34-0.120.560.120.420.430.490.5-0.080.190.09
-0.42-0.01-0.12-0.25-0.47-0.19-0.04-0.46-0.150.71-0.21-0.010.03-0.53-0.230.07-0.46-0.530.38-0.2-0.48-0.19-0.45-0.54-0.4
0.31-0.23-0.01-0.40.360.57-0.260.360.160.690.57-0.230.030.04-0.150.370.050.51-0.21-0.150.14-0.71-0.170.270.05
0.860.280.320.740.760.480.30.760.66-0.420.530.48-0.530.040.39-0.10.890.7-0.20.660.940.52-0.30.390.56
0.560.720.030.390.690.540.720.690.09-0.20.540.34-0.23-0.150.390.460.580.42-0.450.680.520.5-0.190.29-0.26
0.380.69-0.2-0.290.330.730.670.34-0.350.350.7-0.120.070.37-0.10.460.190.48-0.310.370.18-0.13-0.160.32-0.57
0.920.550.210.640.80.620.550.80.4-0.330.650.56-0.460.050.890.580.190.73-0.20.750.960.59-0.130.590.26
0.90.40.110.240.870.840.390.860.36-0.030.870.12-0.530.510.70.420.480.73-0.340.550.83-0.01-0.240.590.22
-0.31-0.19-0.26-0.11-0.37-0.48-0.19-0.36-0.170.12-0.460.420.38-0.21-0.2-0.45-0.31-0.2-0.34-0.31-0.2-0.10.05-0.06-0.07
0.780.810.460.780.580.680.820.580.48-0.270.690.43-0.2-0.150.660.680.370.750.55-0.310.740.64-0.340.160.24
0.970.480.230.640.860.670.490.850.52-0.280.710.49-0.480.140.940.520.180.960.83-0.20.740.47-0.280.530.36
0.330.560.20.740.19-0.010.580.190.14-0.670.010.5-0.19-0.710.520.5-0.130.59-0.01-0.10.640.47-0.040.050.1
-0.33-0.24-0.05-0.24-0.3-0.35-0.22-0.3-0.43-0.36-0.36-0.08-0.45-0.17-0.3-0.19-0.16-0.13-0.240.05-0.34-0.28-0.040.36-0.02
0.540.160.02-0.050.590.430.170.59-0.15-0.140.450.19-0.540.270.390.290.320.590.59-0.060.160.530.050.36-0.06
0.28-0.330.70.640.150.04-0.320.140.83-0.340.070.09-0.40.050.56-0.26-0.570.260.22-0.070.240.360.1-0.02-0.06
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Sportking India Account Relationship Matchups

Sportking India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B10.3B15.5B15.7B19.6B12.0B
Short Long Term Debt Total5.7B5.0B5.3B4.7B8.8B6.1B
Other Current Liab315.8M319.9M675.6M468.0M467.6M518.1M
Total Current Liabilities4.3B4.6B6.2B3.0B6.2B4.9B
Total Stockholder Equity2.5B3.6B7.7B9.0B9.0B9.5B
Property Plant And Equipment Net4.7B4.2B4.5B7.6B7.9B5.3B
Net Debt5.7B5.0B5.3B4.6B8.7B6.1B
Retained Earnings1.8B2.6B6.7B8.0B8.1B8.5B
Accounts Payable761.2M874.7M1.2B1.0B873.3M825.9M
Cash15.9M8.3M5.4M115.6M14.5M24.9M
Non Current Assets Total4.8B4.3B5.0B7.9B8.1B5.5B
Non Currrent Assets Other88.3M(10K)223.8M66.3M210.7M124.2M
Cash And Short Term Investments15.9M8.3M5.4M683.9M14.5M13.7M
Net Receivables1.8B2.1B4.1B2.3B3.6B2.1B
Liabilities And Stockholders Equity9.7B10.3B15.5B15.7B19.6B12.0B
Non Current Liabilities Total2.8B2.2B1.7B3.8B4.4B3.0B
Inventory2.1B2.8B5.2B3.7B6.5B3.5B
Other Current Assets927.1M1.1B1.2B1.7B1.5B1.1B
Other Stockholder Equity69.8M70.3M822.7M26.0M1.00.95
Total Liab7.1B6.8B7.9B6.8B10.6B8.0B
Total Current Assets4.8B6.0B10.6B7.8B11.5B6.5B
Accumulated Other Comprehensive Income54.9M65.3M796.7M32.2M644.1M676.3M
Short Term Debt3.2B3.1B4.0B1.3B4.8B3.5B
Intangible Assets2.1M1.3M635K2.3M1.8M1.7M
Common Stock34.4M34.6M34.8M134.5M128.7M88.0M
Current Deferred Revenue309.2M566.1M982.6M532.9M24.2M23.0M
Short Term Investments(972K)99K250.2M568.3M182.2M185.4M

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Other Information on Investing in Sportking Stock

Balance Sheet is a snapshot of the financial position of Sportking India at a specified time, usually calculated after every quarter, six months, or one year. Sportking India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sportking India 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 Sportking currently owns. An asset can also be divided into two categories, current and non-current.