Suryoday Total Other Income Expense Net vs Income Before Tax Analysis

SURYODAY   142.91  2.70  1.85%   
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 Total Other Income Expense Net and its Income Before Tax 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.

Total Other Income Expense Net vs Income Before Tax

Total Other Income Expense Net vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suryoday Small Finance Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Suryoday Small's Total Other Income Expense Net and Income Before Tax is 0.15. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax 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 Total Other Income Expense Net and Income Before Tax 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 Other Income Expense Net of Suryoday Small Finance are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Suryoday Small's Total Other Income Expense Net and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Suryoday Small income statement and is an important metric when analyzing Suryoday Small Finance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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

0.860.750.860.96-0.190.920.970.71-0.920.10.820.740.820.971.00.810.650.83-0.880.830.920.440.870.940.3
0.860.40.940.830.240.740.820.36-0.820.450.530.830.510.870.850.480.690.91-0.650.850.920.050.620.89-0.05
0.750.40.40.74-0.750.790.71.0-0.6-0.580.860.310.990.640.770.960.390.34-0.920.610.530.880.940.670.85
0.860.940.40.780.160.790.850.36-0.860.440.620.870.50.910.840.530.660.98-0.60.770.960.120.580.92-0.07
0.960.830.740.78-0.190.810.920.7-0.890.090.710.640.810.910.970.740.540.72-0.880.90.860.380.880.90.31
-0.190.24-0.750.16-0.19-0.32-0.21-0.760.090.9-0.580.23-0.66-0.06-0.21-0.690.120.230.49-0.140.02-0.89-0.51-0.17-0.86
0.920.740.790.790.81-0.320.910.77-0.8-0.070.930.690.840.880.920.90.70.77-0.850.660.820.580.860.850.43
0.970.820.70.850.92-0.210.910.65-0.910.140.850.720.770.930.970.80.610.81-0.810.80.90.430.80.920.22
0.710.361.00.360.7-0.760.770.65-0.54-0.620.840.280.980.610.730.950.40.3-0.910.580.480.890.920.630.88
-0.92-0.82-0.6-0.86-0.890.09-0.8-0.91-0.54-0.23-0.71-0.73-0.66-0.92-0.92-0.68-0.44-0.790.77-0.79-0.93-0.29-0.76-0.91-0.15
0.10.45-0.580.440.090.9-0.070.14-0.62-0.23-0.310.42-0.470.230.08-0.460.20.490.310.120.33-0.8-0.320.14-0.89
0.820.530.860.620.71-0.580.930.850.84-0.71-0.310.520.870.740.820.970.540.59-0.810.560.680.770.820.760.56
0.740.830.310.870.640.230.690.720.28-0.730.420.520.410.780.720.440.770.93-0.510.580.750.120.490.71-0.07
0.820.510.990.50.81-0.660.840.770.98-0.66-0.470.870.410.730.840.960.480.45-0.950.680.610.830.960.740.78
0.970.870.640.910.91-0.060.880.930.61-0.920.230.740.780.730.960.710.650.88-0.770.780.950.330.770.920.19
1.00.850.770.840.97-0.210.920.970.73-0.920.080.820.720.840.960.820.630.8-0.890.840.910.460.890.930.33
0.810.480.960.530.74-0.690.90.80.95-0.68-0.460.970.440.960.710.820.480.48-0.90.60.620.860.910.740.73
0.650.690.390.660.540.120.70.610.4-0.440.20.540.770.480.650.630.480.75-0.480.420.550.250.480.540.11
0.830.910.340.980.720.230.770.810.3-0.790.490.590.930.450.880.80.480.75-0.540.670.890.090.520.83-0.12
-0.88-0.65-0.92-0.6-0.880.49-0.85-0.81-0.910.770.31-0.81-0.51-0.95-0.77-0.89-0.9-0.48-0.54-0.79-0.7-0.68-1.0-0.81-0.66
0.830.850.610.770.9-0.140.660.80.58-0.790.120.560.580.680.780.840.60.420.67-0.790.830.270.750.910.23
0.920.920.530.960.860.020.820.90.48-0.930.330.680.750.610.950.910.620.550.89-0.70.830.210.680.970.05
0.440.050.880.120.38-0.890.580.430.89-0.29-0.80.770.120.830.330.460.860.250.09-0.680.270.210.70.380.89
0.870.620.940.580.88-0.510.860.80.92-0.76-0.320.820.490.960.770.890.910.480.52-1.00.750.680.70.790.68
0.940.890.670.920.9-0.170.850.920.63-0.910.140.760.710.740.920.930.740.540.83-0.810.910.970.380.790.23
0.3-0.050.85-0.070.31-0.860.430.220.88-0.15-0.890.56-0.070.780.190.330.730.11-0.12-0.660.230.050.890.680.23
Click cells to compare fundamentals

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 Total387.3M432.2M1.2B1.6B136.2B143.0B
Non Currrent Assets Other(8.1B)(18.7B)(20.6B)(25.7B)(27.7B)(26.3B)
Other Assets45.4B61.7B76.9B96.4B(34.8B)(33.1B)
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 Assets7.8B5.0B3.8B566.5M22.4B23.5B
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 Assets8.9B6.7B10.6B9.3B11.8B8.3B
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

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.