Sportking Total Stockholder Equity vs Other Stockholder Equity 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 Total Stockholder Equity and its Other Stockholder Equity 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.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sportking India Total Stockholder Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sportking India's Total Stockholder Equity and Other Stockholder Equity is -0.37. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity 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 Total Stockholder Equity and Other Stockholder Equity 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 Stockholder Equity of Sportking India Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., Sportking India's Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

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
Click cells to compare fundamentals

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

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 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.