SGU Stock | | | USD 11.69 0.04 0.34% |
Star Gas financial indicator trend analysis is much more than just breaking down Star Gas Partners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Gas Partners is a good investment. Please check the relationship between Star Gas Dividends Paid and its Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Dividends Paid vs Depreciation
Dividends Paid vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Star Gas Partners Dividends Paid account and
Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Star Gas' Dividends Paid and Depreciation is 0.23. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Depreciation in the same time period over historical financial statements of Star Gas Partners, assuming nothing else is changed. The correlation between historical values of Star Gas' Dividends Paid 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 Dividends Paid of Star Gas Partners 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 Dividends Paid i.e., Star Gas' Dividends Paid and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Depreciation
Depreciation indicates how much of Star Gas Partners value has been used up. For tax purposes Star Gas can deduct the cost of the tangible assets it purchases as business expenses. However, Star Gas Partners 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 Star Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Gas Partners 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 Star Gas Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, Star Gas'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 16.4
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
Star Gas fundamental ratios Correlations
Click cells to compare fundamentals
Star Gas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Star Gas fundamental ratios Accounts
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Additional Tools for Star Stock Analysis
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measure Star Gas' 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 Star Gas is operating at the current time. Most of Star Gas' value examination focuses on studying past and present price action to
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