SALZERELEC | | | 1,116 45.00 4.20% |
Salzer Electronics financial indicator trend analysis is much more than just breaking down Salzer Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Salzer Electronics is a good investment. Please check the relationship between Salzer Electronics Change To Operating Activities and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Change To Operating Activities vs Depreciation
Change To Operating Activities vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Salzer Electronics Change To Operating Activities account and
Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Salzer Electronics' Change To Operating Activities and Depreciation is 0.78. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Salzer Electronics Limited, assuming nothing else is changed. The correlation between historical values of Salzer Electronics' Change To Operating Activities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Salzer Electronics Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Operating Activities i.e., Salzer Electronics' Change To Operating Activities and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Change To Operating Activities
Depreciation
Depreciation indicates how much of Salzer Electronics value has been used up. For tax purposes Salzer Electronics can deduct the cost of the tangible assets it purchases as business expenses. However, Salzer Electronics Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Salzer Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Salzer Electronics 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Salzer Electronics Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
The current year's
Issuance Of Capital Stock is expected to grow to about 241.2
M, whereas
Selling General Administrative is forecasted to decline to about 45.3
M.
Salzer Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Salzer Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Salzer Electronics fundamental ratios Accounts
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Other Information on Investing in Salzer Stock
Balance Sheet is a snapshot of the
financial position of Salzer Electronics at a specified time, usually calculated after every quarter, six months, or one year. Salzer Electronics Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Salzer Electronics 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 Salzer currently owns. An asset can also be divided into two categories, current and non-current.