Sligro Other Stockholder Equity vs Cash And Short Term Investments 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 Other Stockholder Equity and its Cash And Short Term Investments 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.

Other Stockholder Equity vs Cash And Short Term Investments

Other Stockholder Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sligro Food Group Other Stockholder Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Sligro Food's Other Stockholder Equity and Cash And Short Term Investments is -0.72. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash And Short Term Investments 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 Other Stockholder Equity and Cash And Short Term Investments 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 Stockholder Equity of Sligro Food Group are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Sligro Food's Other Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sligro Food Group balance sheet. This account contains Sligro Food investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sligro Food Group fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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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