SRIVARU Reconciled Depreciation vs Income Before Tax Analysis
SVMHW Stock | 0.01 0 19.72% |
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 Reconciled Depreciation and its Income Before Tax 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.
Reconciled Depreciation vs Income Before Tax
Reconciled Depreciation vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SRIVARU Holding Reconciled Depreciation account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between SRIVARU Holding's Reconciled Depreciation and Income Before Tax is -0.99. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Income Before Tax 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 Reconciled Depreciation 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 Reconciled Depreciation of SRIVARU Holding Limited 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 Reconciled Depreciation i.e., SRIVARU Holding's Reconciled Depreciation and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Reconciled Depreciation
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on SRIVARU Holding income statement and is an important metric when analyzing SRIVARU Holding 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 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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When running SRIVARU Holding's price analysis, check to measure SRIVARU Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SRIVARU Holding is operating at the current time. Most of SRIVARU Holding's value examination focuses on studying past and present price action to predict the probability of SRIVARU Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SRIVARU Holding's price. Additionally, you may evaluate how the addition of SRIVARU Holding to your portfolios can decrease your overall portfolio volatility.