Sligro Cash vs Other Liab Analysis

0MKM Stock   10.81  0.05  0.46%   
Sligro Food financial indicator trend analysis is much more than just breaking down Sligro Food Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sligro Food Group is a good investment. Please check the relationship between Sligro Food Cash and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sligro Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Other Liab

Cash vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sligro Food Group Cash account and Other Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sligro Food's Cash and Other Liab is 0.65. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Liab in the same time period over historical financial statements of Sligro Food Group, assuming nothing else is changed. The correlation between historical values of Sligro Food's Cash and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Sligro Food Group are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Cash i.e., Sligro Food's Cash and Other Liab go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Sligro Food Group, which is listed under current asset account on Sligro Food Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sligro Food customers. The amounts must be unrestricted with restricted cash listed in a different Sligro Food account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Liab

Most indicators from Sligro Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sligro Food Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Sligro Food Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Sligro Food's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 217.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 365.6 M in 2024.
 2019 2021 2023 2024 (projected)
Gross Profit468M498M448.2M417.6M
Total Revenue1.9B1.9B1.7B1.7B

Sligro Food fundamental ratios Correlations

-0.850.380.990.970.590.70.590.180.980.68-0.230.89-0.970.730.52-0.850.430.680.60.870.83-0.110.720.780.76
-0.85-0.18-0.88-0.79-0.85-0.49-0.850.02-0.89-0.390.41-0.790.86-0.66-0.290.8-0.35-0.39-0.23-0.83-0.850.37-0.49-0.72-0.68
0.38-0.180.370.530.35-0.190.350.960.42-0.130.760.14-0.480.740.91-0.390.76-0.130.550.26-0.090.40.87-0.07-0.02
0.99-0.880.370.970.610.690.610.190.980.66-0.210.85-0.960.710.54-0.810.40.660.510.830.82-0.080.730.730.71
0.97-0.790.530.970.530.660.530.370.940.65-0.030.76-0.930.720.7-0.740.420.650.540.760.670.120.860.620.61
0.59-0.850.350.610.53-0.031.00.150.72-0.12-0.160.6-0.720.80.25-0.790.66-0.120.270.720.65-0.540.40.50.49
0.7-0.49-0.190.690.66-0.03-0.03-0.290.580.99-0.540.65-0.520.020.13-0.36-0.30.990.20.520.620.080.290.690.64
0.59-0.850.350.610.531.0-0.030.150.72-0.12-0.160.6-0.720.80.25-0.790.66-0.120.270.720.65-0.540.40.50.49
0.180.020.960.190.370.15-0.290.150.19-0.220.91-0.13-0.260.550.9-0.110.6-0.220.37-0.02-0.320.60.79-0.33-0.29
0.98-0.890.420.980.940.720.580.720.190.55-0.220.91-1.00.810.5-0.910.550.550.620.910.85-0.230.710.780.78
0.68-0.39-0.130.660.65-0.120.99-0.12-0.220.55-0.450.62-0.50.020.17-0.33-0.261.00.290.480.560.160.330.650.62
-0.230.410.76-0.21-0.03-0.16-0.54-0.160.91-0.22-0.45-0.510.150.230.660.270.4-0.450.15-0.42-0.640.670.48-0.68-0.63
0.89-0.790.140.850.760.60.650.6-0.130.910.62-0.51-0.890.640.18-0.930.420.620.650.970.91-0.480.420.970.97
-0.970.86-0.48-0.96-0.93-0.72-0.52-0.72-0.26-1.0-0.50.15-0.89-0.86-0.540.93-0.62-0.5-0.67-0.91-0.820.22-0.74-0.75-0.76
0.73-0.660.740.710.720.80.020.80.550.810.020.230.64-0.860.61-0.850.920.020.710.720.54-0.220.740.440.47
0.52-0.290.910.540.70.250.130.250.90.50.170.660.18-0.540.61-0.320.50.170.410.26-0.020.610.97-0.010.0
-0.850.8-0.39-0.81-0.74-0.79-0.36-0.79-0.11-0.91-0.330.27-0.930.93-0.85-0.32-0.71-0.33-0.73-0.97-0.820.51-0.53-0.84-0.86
0.43-0.350.760.40.420.66-0.30.660.60.55-0.260.40.42-0.620.920.5-0.71-0.260.760.520.28-0.250.570.230.3
0.68-0.39-0.130.660.65-0.120.99-0.12-0.220.551.0-0.450.62-0.50.020.17-0.33-0.260.290.480.560.160.330.650.62
0.6-0.230.550.510.540.270.20.270.370.620.290.150.65-0.670.710.41-0.730.760.290.630.43-0.160.540.520.6
0.87-0.830.260.830.760.720.520.72-0.020.910.48-0.420.97-0.910.720.26-0.970.520.480.630.85-0.490.480.930.94
0.83-0.85-0.090.820.670.650.620.65-0.320.850.56-0.640.91-0.820.54-0.02-0.820.280.560.430.85-0.580.240.880.85
-0.110.370.4-0.080.12-0.540.08-0.540.6-0.230.160.67-0.480.22-0.220.610.51-0.250.16-0.16-0.49-0.580.44-0.55-0.56
0.72-0.490.870.730.860.40.290.40.790.710.330.480.42-0.740.740.97-0.530.570.330.540.480.240.440.230.24
0.78-0.72-0.070.730.620.50.690.5-0.330.780.65-0.680.97-0.750.44-0.01-0.840.230.650.520.930.88-0.550.230.99
0.76-0.68-0.020.710.610.490.640.49-0.290.780.62-0.630.97-0.760.470.0-0.860.30.620.60.940.85-0.560.240.99
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Sligro Food Account Relationship Matchups

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