HAVISHA Stock | | | 2.44 0.03 1.24% |
Sri Havisha financial indicator trend analysis is much more than just breaking down Sri Havisha Hospitality prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sri Havisha Hospitality is a good investment. Please check the relationship between Sri Havisha Cost Of Revenue and its Income Tax Expense accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Sri Havisha Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Cost Of Revenue vs Income Tax Expense
Cost Of Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sri Havisha Hospitality Cost Of Revenue account and
Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sri Havisha's Cost Of Revenue and Income Tax Expense is 0.14. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Sri Havisha Hospitality, assuming nothing else is changed. The correlation between historical values of Sri Havisha's Cost Of Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Sri Havisha Hospitality are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Sri Havisha's Cost Of Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Sri Havisha Hospitality income statement and represents the costs associated with goods and services Sri Havisha provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Income Tax Expense
Most indicators from Sri Havisha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sri Havisha Hospitality 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Sri Havisha Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
The current year's
Selling General Administrative is expected to grow to about 47.7
M. The current year's
Tax Provision is expected to grow to about 1.9
MSri Havisha fundamental ratios Correlations
Click cells to compare fundamentals
Sri Havisha Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sri Havisha fundamental ratios Accounts
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Other Information on Investing in Sri Stock
Balance Sheet is a snapshot of the
financial position of Sri Havisha Hospitality at a specified time, usually calculated after every quarter, six months, or one year. Sri Havisha Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sri Havisha and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sri currently owns. An asset can also be divided into two categories, current and non-current.