| SRH Stock | | | 0.04 0.00 0.00% |
Saferoads Holdings financial indicator trend analysis is much more than just breaking down Saferoads Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saferoads Holdings is a good investment. Please check the relationship between Saferoads Holdings Retained Earnings and its Total Current Liabilities accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Saferoads Holdings. 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.
Retained Earnings vs Total Current Liabilities
Retained Earnings vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Saferoads Holdings Retained Earnings account and
Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Saferoads Holdings' Retained Earnings and Total Current Liabilities is 0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Saferoads Holdings, assuming nothing else is changed. The correlation between historical values of Saferoads Holdings' Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Saferoads Holdings are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Saferoads Holdings' Retained Earnings and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Current Liabilities
Total Current Liabilities is an item on Saferoads Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Saferoads Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Saferoads Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saferoads Holdings 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 Saferoads Holdings. 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.
At this time, Saferoads Holdings'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 1.4
M in 2025, whereas
Issuance Of Capital Stock is likely to drop slightly above 349.6
K in 2025.
Saferoads Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Saferoads Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saferoads Holdings fundamental ratios Accounts
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Additional Tools for Saferoads Stock Analysis
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