SASKEN Stock | | | 2,207 5.65 0.26% |
Sasken Technologies financial indicator trend analysis is much more than just breaking down Sasken Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sasken Technologies is a good investment. Please check the relationship between Sasken Technologies Interest Expense and its Income Before Tax accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sasken Technologies 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.
Interest Expense vs Income Before Tax
Interest Expense vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sasken Technologies Interest Expense account and
Income Before Tax. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sasken Technologies' Interest Expense and Income Before Tax is -0.3. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Sasken Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sasken Technologies' Interest Expense and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Sasken Technologies Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Expense i.e., Sasken Technologies' Interest Expense and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Sasken Technologies income statement and is an important metric when analyzing Sasken Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Sasken Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sasken Technologies 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 Sasken Technologies 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.
At present, Sasken Technologies'
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 239.3
M, whereas
Issuance Of Capital Stock is forecasted to decline to about 257.4
K.
Sasken Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Sasken Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sasken Technologies fundamental ratios Accounts
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Other Information on Investing in Sasken Stock
Balance Sheet is a snapshot of the
financial position of Sasken Technologies at a specified time, usually calculated after every quarter, six months, or one year. Sasken Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sasken Technologies 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 Sasken currently owns. An asset can also be divided into two categories, current and non-current.