Sligro Good Will vs Common Stock 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 Good Will and its Common Stock 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.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sligro Food Group Good Will account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sligro Food's Good Will and Common Stock is 0.55. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock 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 Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Sligro Food Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Sligro Food's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

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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