SONATSOFTW | | | 635.25 8.95 1.43% |
Sonata Software financial indicator trend analysis is much more than just breaking down Sonata Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sonata Software is a good investment. Please check the relationship between Sonata Software Depreciation and its Dividends Paid accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sonata Software 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 estimate.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sonata Software Depreciation account and
Dividends Paid. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sonata Software's Depreciation and Dividends Paid is 0.6. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Sonata Software Limited, assuming nothing else is changed. The correlation between historical values of Sonata Software's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Sonata Software Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., Sonata Software's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Sonata Software value has been used up. For tax purposes Sonata Software can deduct the cost of the tangible assets it purchases as business expenses. However, Sonata Software 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.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Sonata Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sonata Software 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 Sonata Software 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 estimate.
At this time, Sonata Software's
Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024,
Issuance Of Capital Stock is likely to grow to about 38
M, while
Tax Provision is likely to drop about 1.1
B.
Sonata Software fundamental ratios Correlations
Click cells to compare fundamentals
Sonata Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sonata Software fundamental ratios Accounts
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Other Information on Investing in Sonata Stock
Balance Sheet is a snapshot of the
financial position of Sonata Software at a specified time, usually calculated after every quarter, six months, or one year. Sonata Software Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sonata Software 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 Sonata currently owns. An asset can also be divided into two categories, current and non-current.