Sligro Total Liab vs Intangible Assets 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 Total Liab and its Intangible Assets 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.
Total Liab vs Intangible Assets
Total Liab vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sligro Food Group Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sligro Food's Total Liab and Intangible Assets is 0.92. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets 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 Total Liab and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sligro Food Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Sligro Food's Total Liab and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.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 Profit | 468M | 498M | 448.2M | 417.6M | Total Revenue | 1.9B | 1.9B | 1.7B | 1.7B |
Sligro Food fundamental ratios Correlations
Click cells to compare fundamentals
Sligro Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sligro Stock Analysis
When running Sligro Food's price analysis, check to measure Sligro Food'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 Sligro Food is operating at the current time. Most of Sligro Food's value examination focuses on studying past and present price action to predict the probability of Sligro Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sligro Food's price. Additionally, you may evaluate how the addition of Sligro Food to your portfolios can decrease your overall portfolio volatility.