SRIVARU Cost Of Revenue vs Reconciled Depreciation Analysis

SVMHW Stock   0.01  0.01  69.41%   
SRIVARU Holding financial indicator trend analysis is much more than just breaking down SRIVARU Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SRIVARU Holding is a good investment. Please check the relationship between SRIVARU Holding Cost Of Revenue and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SRIVARU Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Cost Of Revenue vs Reconciled Depreciation

Cost Of Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SRIVARU Holding Cost Of Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SRIVARU Holding's Cost Of Revenue and Reconciled Depreciation is 0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of SRIVARU Holding Limited, assuming nothing else is changed. The correlation between historical values of SRIVARU Holding's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of SRIVARU Holding Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., SRIVARU Holding's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on SRIVARU Holding income statement and represents the costs associated with goods and services SRIVARU Holding provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Reconciled Depreciation

Most indicators from SRIVARU Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SRIVARU Holding 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 SRIVARU Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, SRIVARU Holding's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 269.67 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.2 M in 2024.
 2010 2023 2024 (projected)
Interest Expense55.9K57.7K62.5K
Depreciation And Amortization24.5K38.3K34.6K

SRIVARU Holding fundamental ratios Correlations

-0.851.00.220.390.750.74-0.86-0.730.740.990.960.990.570.83-0.36-0.630.970.740.63-0.590.83-0.850.990.840.72
-0.85-0.87-0.61-0.04-0.98-0.941.00.96-0.97-0.84-0.88-0.85-0.77-0.910.790.83-0.87-0.97-0.830.88-0.881.0-0.81-0.9-0.49
1.0-0.870.270.330.780.77-0.88-0.770.771.00.981.00.620.86-0.38-0.680.990.760.67-0.630.86-0.870.980.870.68
0.22-0.610.27-0.760.770.82-0.6-0.80.780.270.430.270.90.71-0.79-0.880.390.790.88-0.910.69-0.620.080.69-0.38
0.39-0.040.33-0.76-0.17-0.27-0.060.24-0.190.30.130.3-0.53-0.190.30.460.17-0.2-0.470.43-0.2-0.030.52-0.180.89
0.75-0.980.780.77-0.170.99-0.97-1.01.00.760.830.760.870.93-0.86-0.910.811.00.91-0.960.9-0.980.680.910.29
0.74-0.940.770.82-0.270.99-0.94-1.00.990.760.850.770.940.97-0.79-0.970.830.990.97-0.980.95-0.950.640.960.19
-0.861.0-0.88-0.6-0.06-0.97-0.940.95-0.97-0.85-0.88-0.86-0.77-0.910.780.83-0.87-0.97-0.820.88-0.881.0-0.82-0.9-0.51
-0.730.96-0.77-0.80.24-1.0-1.00.95-1.0-0.75-0.84-0.76-0.91-0.950.830.95-0.81-1.0-0.950.98-0.920.96-0.65-0.94-0.23
0.74-0.970.770.78-0.191.00.99-0.97-1.00.750.820.750.880.93-0.86-0.920.81.00.92-0.970.9-0.970.660.920.27
0.99-0.841.00.270.30.760.76-0.85-0.750.750.981.00.640.87-0.34-0.690.990.750.68-0.630.87-0.840.960.880.64
0.96-0.880.980.430.130.830.85-0.88-0.840.820.980.980.760.94-0.42-0.81.00.820.8-0.740.94-0.880.910.950.51
0.99-0.851.00.270.30.760.77-0.86-0.760.751.00.980.630.87-0.34-0.690.990.750.68-0.630.87-0.850.970.880.65
0.57-0.770.620.9-0.530.870.94-0.77-0.910.880.640.760.630.93-0.66-0.990.730.881.0-0.950.93-0.780.440.93-0.12
0.83-0.910.860.71-0.190.930.97-0.91-0.950.930.870.940.870.93-0.62-0.950.920.930.95-0.911.0-0.920.741.00.25
-0.360.79-0.38-0.790.3-0.86-0.790.780.83-0.86-0.34-0.42-0.34-0.66-0.620.7-0.39-0.86-0.70.85-0.560.79-0.3-0.59-0.1
-0.630.83-0.68-0.880.46-0.91-0.970.830.95-0.92-0.69-0.8-0.69-0.99-0.950.7-0.77-0.92-1.00.97-0.950.84-0.51-0.950.02
0.97-0.870.990.390.170.810.83-0.87-0.810.80.991.00.990.730.92-0.39-0.770.80.77-0.710.93-0.870.920.930.54
0.74-0.970.760.79-0.21.00.99-0.97-1.01.00.750.820.750.880.93-0.86-0.920.80.92-0.970.9-0.970.660.920.27
0.63-0.830.670.88-0.470.910.97-0.82-0.950.920.680.80.681.00.95-0.7-1.00.770.92-0.970.95-0.840.50.95-0.03
-0.590.88-0.63-0.910.43-0.96-0.980.880.98-0.97-0.63-0.74-0.63-0.95-0.910.850.97-0.71-0.97-0.97-0.890.89-0.49-0.9-0.03
0.83-0.880.860.69-0.20.90.95-0.88-0.920.90.870.940.870.931.0-0.56-0.950.930.90.95-0.89-0.880.731.00.22
-0.851.0-0.87-0.62-0.03-0.98-0.951.00.96-0.97-0.84-0.88-0.85-0.78-0.920.790.84-0.87-0.97-0.840.89-0.88-0.8-0.9-0.48
0.99-0.810.980.080.520.680.64-0.82-0.650.660.960.910.970.440.74-0.3-0.510.920.660.5-0.490.73-0.80.740.82
0.84-0.90.870.69-0.180.910.96-0.9-0.940.920.880.950.880.931.0-0.59-0.950.930.920.95-0.91.0-0.90.740.25
0.72-0.490.68-0.380.890.290.19-0.51-0.230.270.640.510.65-0.120.25-0.10.020.540.27-0.03-0.030.22-0.480.820.25
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SRIVARU Holding Account Relationship Matchups

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