Suryoday Operating Income vs Ebitda Analysis

SURYODAY   123.07  6.22  5.32%   
Suryoday Small financial indicator trend analysis is much more than just breaking down Suryoday Small Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suryoday Small Finance is a good investment. Please check the relationship between Suryoday Small Operating Income and its Ebitda accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suryoday Small Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suryoday Small Finance Operating Income account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suryoday Small's Operating Income and Ebitda is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of Suryoday Small Finance, assuming nothing else is changed. The correlation between historical values of Suryoday Small's Operating Income 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 Operating Income of Suryoday Small Finance 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 Operating Income i.e., Suryoday Small's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Suryoday Small Finance operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Suryoday Small Finance is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from Suryoday Small's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suryoday Small Finance 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 Suryoday Small Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At present, Suryoday Small's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 864.7 M, whereas Issuance Of Capital Stock is forecasted to decline to about 4.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit8.4B18.1B20.8B21.8B
Total Revenue8.4B10.2B11.7B12.3B

Suryoday Small fundamental ratios Correlations

0.970.830.970.97-0.410.950.980.810.670.110.880.750.880.981.00.880.630.83-0.910.850.910.590.910.920.52
0.970.720.960.95-0.210.90.930.690.540.270.770.80.780.960.970.770.710.86-0.850.840.910.430.840.880.38
0.830.720.720.82-0.820.870.791.00.97-0.460.910.430.990.730.850.930.40.47-0.920.690.590.90.960.760.9
0.970.960.720.92-0.270.930.960.690.540.250.830.830.781.00.960.830.690.91-0.820.790.940.480.820.890.37
0.970.950.820.92-0.410.870.940.790.660.10.80.680.870.920.980.80.540.75-0.910.910.860.540.910.890.52
-0.41-0.21-0.82-0.27-0.41-0.52-0.42-0.83-0.90.81-0.710.0-0.76-0.28-0.44-0.720.02-0.010.6-0.32-0.15-0.92-0.66-0.41-0.9
0.950.90.870.930.87-0.520.930.850.75-0.050.960.710.890.920.950.960.660.78-0.890.720.820.70.910.870.61
0.980.930.790.960.94-0.420.930.760.630.140.90.740.840.950.980.890.60.82-0.850.830.90.570.860.910.44
0.810.691.00.690.79-0.830.850.760.98-0.50.890.410.990.70.820.910.410.44-0.910.660.550.910.950.730.92
0.670.540.970.540.66-0.90.750.630.98-0.650.830.250.940.550.690.850.310.27-0.820.540.380.940.880.610.97
0.110.27-0.460.250.10.81-0.050.14-0.5-0.65-0.250.4-0.370.240.08-0.280.280.460.20.150.39-0.69-0.260.1-0.78
0.880.770.910.830.8-0.710.960.90.890.83-0.250.590.920.830.881.00.530.64-0.850.650.710.830.890.810.7
0.750.80.430.830.680.00.710.740.410.250.40.590.50.820.740.580.760.94-0.610.660.790.280.560.740.13
0.880.780.990.780.87-0.760.890.840.990.94-0.370.920.50.790.890.930.470.54-0.940.730.650.870.970.80.86
0.980.960.731.00.92-0.280.920.950.70.550.240.830.820.790.970.820.670.9-0.820.80.940.490.820.90.39
1.00.970.850.960.98-0.440.950.980.820.690.080.880.740.890.970.880.620.81-0.920.860.90.60.930.920.54
0.880.770.930.830.8-0.720.960.890.910.85-0.281.00.580.930.820.880.530.63-0.870.650.70.850.90.810.73
0.630.710.40.690.540.020.660.60.410.310.280.530.760.470.670.620.530.75-0.470.430.560.270.470.510.17
0.830.860.470.910.75-0.010.780.820.440.270.460.640.940.540.90.810.630.75-0.640.750.920.260.590.850.11
-0.91-0.85-0.92-0.82-0.910.6-0.89-0.85-0.91-0.820.2-0.85-0.61-0.94-0.82-0.92-0.87-0.47-0.64-0.84-0.74-0.74-0.98-0.87-0.74
0.850.840.690.790.91-0.320.720.830.660.540.150.650.660.730.80.860.650.430.75-0.840.850.420.790.930.4
0.910.910.590.940.86-0.150.820.90.550.380.390.710.790.650.940.90.70.560.92-0.740.850.330.70.940.22
0.590.430.90.480.54-0.920.70.570.910.94-0.690.830.280.870.490.60.850.270.26-0.740.420.330.780.560.92
0.910.840.960.820.91-0.660.910.860.950.88-0.260.890.560.970.820.930.90.470.59-0.980.790.70.780.830.79
0.920.880.760.890.89-0.410.870.910.730.610.10.810.740.80.90.920.810.510.85-0.870.930.940.560.830.47
0.520.380.90.370.52-0.90.610.440.920.97-0.780.70.130.860.390.540.730.170.11-0.740.40.220.920.790.47
Click cells to compare fundamentals

Suryoday Small Account Relationship Matchups

Suryoday Small fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets67.1B81.8B98.6B123.8B142.3B149.5B
Short Long Term Debt Total16.9B18.4B27.7B24.4B28.1B29.5B
Total Current Liabilities184.6M217.4M494.5M16.4B18.9B19.8B
Total Stockholder Equity16.0B15.1B15.8B18.0B20.8B21.8B
Property Plant And Equipment Net432.2M1.2B1.6B1.7B1.9B2.0B
Net Debt11.0B8.6B19.3B(11.8B)(13.6B)(12.9B)
Retained Earnings2.1B1.1B1.5B3.2B3.7B3.8B
Cash5.9B9.7B8.3B11.8B13.6B14.2B
Non Current Assets Total432.2M1.2B1.6B120.0B138.0B144.9B
Non Currrent Assets Other(18.7B)(20.6B)(25.7B)92.3B106.1B111.4B
Other Assets61.7B76.9B96.4B(9.2B)(10.6B)(10.1B)
Cash And Short Term Investments5.0B3.8B566.5M11.8B13.6B14.2B
Common Stock Shares Outstanding90.3M106.1M106.2M107.0M123.0M79.6M
Liabilities And Stockholders Equity67.1B81.8B98.6B123.8B142.3B149.5B
Non Current Liabilities Total11.1B20.3B19.3B105.7B121.6B127.7B
Other Stockholder Equity11.9B11.9B11.9B13.8B15.9B16.7B
Total Liab51.2B66.8B82.8B105.7B121.6B127.7B
Total Current Assets5.0B3.8B566.5M13.0B15.0B15.7B
Accumulated Other Comprehensive Income3.0B2.1B2.9B17.0B19.5B20.5B
Common Stock1.1B1.1B1.1B1.1B1.2B775.3M
Other Current Liab(184.6M)(217.4M)(494.5M)(859.3M)(773.4M)(734.7M)
Other Liab1.6B1.5B2.2B2.7B3.1B1.9B
Net Tangible Assets10.7B16.0B15.1B15.8B18.2B13.1B
Current Deferred Revenue(5.9B)(5.3B)(8.1B)(859.3M)(988.2M)(1.0B)
Accounts Payable184.6M217.4M494.5M859.3M988.2M1.0B
Net Receivables730.2M786.3M820.3M1.2B1.4B757.9M
Inventory(7.4B)(11.3B)(10.1B)10.6B12.2B12.8B
Other Current Assets6.7B10.6B9.3B13.0B15.0B8.5B
Short Term Debt6.1B5.5B8.6B14.1B16.2B17.0B
Property Plant Equipment387.3M432.2M1.2B1.6B1.9B2.0B
Net Invested Capital32.9B40.6B43.5B42.5B48.9B37.1B
Long Term Investments18.7B20.6B25.7B26.0B29.9B19.4B
Capital Stock865.9M1.1B1.1B1.1B1.2B1.1B
Short Term Investments(908.7M)(6.0B)(7.8B)(23.6B)(21.2B)(20.2B)
Property Plant And Equipment Gross822.5M1.7B2.6B3.2B3.6B2.0B

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 Suryoday Stock

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