SRIVARU Other Operating Expenses vs Net Income From Continuing Ops 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 Other Operating Expenses and its Net Income From Continuing Ops 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.
Other Operating Expenses vs Net Income From Continuing Ops
Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SRIVARU Holding Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between SRIVARU Holding's Other Operating Expenses and Net Income From Continuing Ops is -0.96. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of SRIVARU Holding Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., SRIVARU Holding's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SRIVARU Holding. It is also known as SRIVARU Holding overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income From Continuing Ops
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 Expense | 55.9K | 57.7K | 62.5K | Depreciation And Amortization | 24.5K | 38.3K | 34.6K |
SRIVARU Holding fundamental ratios Correlations
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SRIVARU Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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