Sasol Interest Income vs Income Tax Expense Analysis
SSL Stock | USD 5.51 0.04 0.73% |
Sasol financial indicator trend analysis is much more than just breaking down Sasol prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sasol is a good investment. Please check the relationship between Sasol Interest Income and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sasol. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.
Interest Income vs Income Tax Expense
Interest Income vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sasol Interest Income account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sasol's Interest Income and Income Tax Expense is 0.13. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sasol, assuming nothing else is changed. The correlation between historical values of Sasol's Interest Income and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Sasol are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Interest Income i.e., Sasol's Interest Income and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
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.Income Tax Expense
Most indicators from Sasol's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sasol 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 Sasol. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.At this time, Sasol's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 10.2 B this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 6.9B | 9.0B | 10.3B | 10.8B | Depreciation And Amortization | 17.6B | 16.5B | 19.0B | 19.9B |
Sasol fundamental ratios Correlations
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Sasol Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sasol fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 474.5B | 360.7B | 419.5B | 433.8B | 365.0B | 216.9B | |
Short Long Term Debt Total | 205.6B | 116.9B | 119.4B | 138.7B | 159.5B | 167.5B | |
Other Current Liab | 31.7B | (84M) | 67.0B | 40.4B | 50M | 47.5M | |
Total Current Liabilities | 93.1B | 57.6B | 91.8B | 88.8B | 54.5B | 35.4B | |
Total Stockholder Equity | 151.0B | 146.5B | 188.6B | 196.9B | 143.0B | 107.8B | |
Property Plant And Equipment Net | 241.5B | 210.9B | 233.9B | 237.2B | 175.9B | 133.0B | |
Net Debt | 170.8B | 85.6B | 76.2B | 84.8B | 74.8B | 78.5B | |
Retained Earnings | 87.6B | 99.5B | 139.3B | 135.7B | 84.5B | 86.3B | |
Cash | 34.7B | 31.2B | 43.1B | 53.9B | 43.0B | 45.1B | |
Non Current Assets Total | 296.6B | 255.6B | 287.3B | 299.3B | 238.3B | 151.6B | |
Non Currrent Assets Other | 37.2B | 29.4B | 35.2B | 42.0B | 48.3B | 50.7B | |
Cash And Short Term Investments | 34.7B | 31.2B | 43.1B | 53.9B | 62.0B | 65.1B | |
Net Receivables | 28.6B | 17.9B | 23.4B | 32.3B | 28.3B | 19.6B | |
Common Stock Shares Outstanding | 617.9M | 627.8M | 634.9M | 661.9M | 635.4M | 503.3M | |
Liabilities And Stockholders Equity | 474.5B | 360.7B | 419.5B | 433.8B | 498.9B | 523.9B | |
Non Current Liabilities Total | 225.5B | 150.7B | 134.6B | 143.6B | 163.1B | 171.2B | |
Inventory | 27.8B | 29.7B | 41.1B | 42.2B | 40.7B | 42.8B | |
Other Stockholder Equity | 1.7B | (4.5B) | (42.1B) | (11.8B) | (10.6B) | (10.1B) | |
Total Liab | 318.6B | 208.3B | 226.4B | 232.3B | 217.6B | 228.4B | |
Property Plant And Equipment Gross | 246.1B | 210.9B | 233.9B | 237.2B | 541.5B | 568.6B | |
Total Current Assets | 178.0B | 105.2B | 132.3B | 134.5B | 126.7B | 65.3B | |
Accumulated Other Comprehensive Income | 53.5B | 37.1B | 39.5B | 51.3B | 59.0B | 62.0B | |
Other Current Assets | 103.2B | 97.5B | 20.8B | 14.0B | 16.1B | 13.5B | |
Intangible Assets | 2.8B | 2.5B | 3.1B | 3.2B | 3.7B | 2.0B | |
Other Liab | 63.5B | 39.7B | 37.8B | 34.9B | 40.1B | 42.1B | |
Long Term Debt | 147.5B | 97.1B | 82.5B | 94.3B | 115.9B | 121.7B | |
Property Plant Equipment | 246.1B | 210.9B | 233.9B | 237.2B | 272.7B | 286.4B | |
Other Assets | 37.2B | 29.4B | 35.2B | 310M | 356.5M | 338.7M | |
Short Term Investments | 645M | 1.5B | 313M | 1.8B | 3.5B | 3.7B | |
Current Deferred Revenue | 579M | 576M | 724M | 966M | 869.4M | 958.3M | |
Net Tangible Assets | 151.5B | 144.0B | 185.6B | 193.7B | 222.8B | 186.3B | |
Long Term Investments | 13.7B | 12.8B | 15.3B | 17.4B | 17.7B | 13.7B | |
Short Long Term Debt | 42.2B | 5.8B | 2.0B | 30.0B | 1.8B | 1.7B | |
Long Term Debt Total | 134.8B | 163.3B | 111.0B | 96.8B | 111.3B | 109.2B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Sasol. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For more information on how to buy Sasol Stock please use our How to buy in Sasol Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sasol. If investors know Sasol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sasol listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Dividend Share 2 | Earnings Share (3.86) | Revenue Per Share 434.615 | Quarterly Revenue Growth (0.01) |
The market value of Sasol is measured differently than its book value, which is the value of Sasol that is recorded on the company's balance sheet. Investors also form their own opinion of Sasol's value that differs from its market value or its book value, called intrinsic value, which is Sasol's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sasol's market value can be influenced by many factors that don't directly affect Sasol's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sasol's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sasol is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sasol's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.