Suryoday Retained Earnings vs Common Stock Shares Outstanding Analysis

SURYODAY   139.33  0.29  0.21%   
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 Retained Earnings and its Common Stock Shares Outstanding 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suryoday Small Finance Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Suryoday Small's Retained Earnings and Common Stock Shares Outstanding is 0.69. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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 Retained Earnings and Common Stock Shares Outstanding 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 Suryoday Small Finance are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Suryoday Small's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 751.9 M, whereas Issuance Of Capital Stock is forecasted to decline to about 4.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.8B8.4B18.1B19.0B
Total Revenue6.8B8.4B10.2B10.7B

Suryoday Small fundamental ratios Correlations

0.860.750.860.96-0.190.920.970.710.50.320.820.740.820.971.00.820.650.83-0.880.830.920.440.870.940.3
0.860.40.940.830.240.740.820.360.130.620.530.830.510.870.850.520.690.91-0.650.850.920.050.620.89-0.05
0.750.40.40.74-0.750.790.70.990.94-0.390.860.310.990.640.770.880.390.34-0.920.610.530.880.940.670.85
0.860.940.40.780.160.790.850.350.120.610.620.870.50.910.840.60.660.98-0.60.770.960.120.580.92-0.07
0.960.830.740.78-0.190.810.920.70.50.30.710.640.810.910.970.710.540.72-0.880.90.860.380.880.90.31
-0.190.24-0.750.16-0.19-0.32-0.21-0.76-0.860.81-0.580.23-0.66-0.06-0.21-0.60.120.230.49-0.140.02-0.89-0.51-0.17-0.86
0.920.740.790.790.81-0.320.910.770.610.130.930.690.840.880.920.930.70.77-0.850.660.820.580.860.850.43
0.970.820.70.850.92-0.210.910.650.450.340.850.720.770.930.970.850.610.81-0.810.80.90.430.80.920.22
0.710.360.990.350.7-0.760.770.650.97-0.440.830.270.980.60.730.860.40.3-0.90.580.470.890.920.620.88
0.50.130.940.120.5-0.860.610.450.97-0.640.730.060.90.380.530.760.270.07-0.780.410.240.930.80.420.95
0.320.62-0.390.610.30.810.130.34-0.44-0.64-0.120.55-0.270.430.29-0.150.330.650.10.30.52-0.66-0.120.34-0.79
0.820.530.860.620.71-0.580.930.850.830.73-0.120.520.870.740.821.00.540.59-0.810.560.680.770.820.760.56
0.740.830.310.870.640.230.690.720.270.060.550.520.410.780.720.520.770.93-0.510.580.750.120.490.71-0.07
0.820.510.990.50.81-0.660.840.770.980.9-0.270.870.410.730.840.890.480.45-0.950.680.610.830.960.740.78
0.970.870.640.910.91-0.060.880.930.60.380.430.740.780.730.960.740.650.88-0.770.780.950.330.770.920.19
1.00.850.770.840.97-0.210.920.970.730.530.290.820.720.840.960.820.630.8-0.890.840.910.460.890.930.33
0.820.520.880.60.71-0.60.930.850.860.76-0.151.00.520.890.740.820.540.57-0.830.560.670.790.840.760.6
0.650.690.390.660.540.120.70.610.40.270.330.540.770.480.650.630.540.75-0.480.420.550.250.480.540.11
0.830.910.340.980.720.230.770.810.30.070.650.590.930.450.880.80.570.75-0.540.670.890.090.520.83-0.12
-0.88-0.65-0.92-0.6-0.880.49-0.85-0.81-0.9-0.780.1-0.81-0.51-0.95-0.77-0.89-0.83-0.48-0.54-0.79-0.7-0.68-1.0-0.81-0.66
0.830.850.610.770.9-0.140.660.80.580.410.30.560.580.680.780.840.560.420.67-0.790.830.270.750.910.23
0.920.920.530.960.860.020.820.90.470.240.520.680.750.610.950.910.670.550.89-0.70.830.210.680.970.05
0.440.050.880.120.38-0.890.580.430.890.93-0.660.770.120.830.330.460.790.250.09-0.680.270.210.70.380.89
0.870.620.940.580.88-0.510.860.80.920.8-0.120.820.490.960.770.890.840.480.52-1.00.750.680.70.790.68
0.940.890.670.920.9-0.170.850.920.620.420.340.760.710.740.920.930.760.540.83-0.810.910.970.380.790.23
0.3-0.050.85-0.070.31-0.860.430.220.880.95-0.790.56-0.070.780.190.330.60.11-0.12-0.660.230.050.890.680.23
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Suryoday Small Account Relationship Matchups

Suryoday Small fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.6B67.1B81.8B98.6B123.8B130.0B
Short Long Term Debt Total12.2B16.9B18.4B27.7B24.4B12.5B
Total Current Liabilities220.3M184.6M217.4M494.5M16.4B17.2B
Total Stockholder Equity10.7B16.0B15.1B15.8B18.0B9.1B
Property Plant And Equipment Net387.3M432.2M1.2B1.6B1.7B1.8B
Net Debt3.8B11.0B8.6B19.3B(11.8B)(11.2B)
Retained Earnings2.0B2.1B1.1B1.5B3.2B3.3B
Cash8.4B5.9B9.7B8.3B11.8B12.4B
Non Current Assets Total387.3M432.2M1.2B1.6B120.0B126.0B
Non Currrent Assets Other(8.1B)(18.7B)(20.6B)(25.7B)92.3B96.9B
Other Assets45.4B61.7B76.9B96.4B(9.2B)(8.8B)
Cash And Short Term Investments7.8B5.0B3.8B566.5M11.8B12.4B
Common Stock Shares Outstanding83.6M90.3M106.1M106.2M107.0M79.6M
Liabilities And Stockholders Equity53.6B67.1B81.8B98.6B123.8B130.0B
Non Current Liabilities Total7.5B11.1B20.3B19.3B105.7B111.0B
Other Stockholder Equity4.9B11.9B11.9B11.9B13.8B14.5B
Total Liab43.0B51.2B66.8B82.8B105.7B111.0B
Total Current Assets7.8B5.0B3.8B566.5M13.0B13.7B
Accumulated Other Comprehensive Income2.9B3.0B2.1B2.9B17.0B17.8B
Common Stock865.9M1.1B1.1B1.1B1.1B775.3M
Other Current Liab(220.3M)(184.6M)(217.4M)(494.5M)(859.3M)(816.3M)
Other Liab1.6B1.5B2.2B2.7B3.1B1.9B
Net Tangible Assets10.7B16.0B15.1B15.8B18.2B13.1B
Current Deferred Revenue(5.2B)(5.9B)(5.3B)(8.1B)(859.3M)(902.3M)
Accounts Payable220.3M184.6M217.4M494.5M859.3M902.3M
Net Receivables567.0M730.2M786.3M820.3M1.2B757.9M
Inventory(9.5B)(7.4B)(11.3B)(10.1B)10.6B11.1B
Other Current Assets8.9B6.7B10.6B9.3B13.0B8.5B
Short Term Debt5.4B6.1B5.5B8.6B14.1B7.8B
Property Plant Equipment387.3M432.2M1.2B1.6B1.9B2.0B
Net Invested Capital22.8B32.9B40.6B43.5B42.5B37.1B
Long Term Investments8.1B18.7B20.6B25.7B26.0B19.4B

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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.