SUKHJITS | | | 268.68 5.19 1.97% |
Sukhjit Starch financial indicator trend analysis is much more than just breaking down Sukhjit Starch Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sukhjit Starch Chemicals is a good investment. Please check the relationship between Sukhjit Starch Current Deferred Revenue and its Cash accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Current Deferred Revenue vs Cash
Current Deferred Revenue vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sukhjit Starch Chemicals Current Deferred Revenue account and
Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between Sukhjit Starch's Current Deferred Revenue and Cash is 0.06. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash in the same time period over historical financial statements of Sukhjit Starch Chemicals, assuming nothing else is changed. The correlation between historical values of Sukhjit Starch's Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Sukhjit Starch Chemicals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Sukhjit Starch's Current Deferred Revenue and Cash go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Cash
Cash refers to the most liquid asset of Sukhjit Starch Chemicals, which is listed under current asset account on Sukhjit Starch Chemicals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sukhjit Starch customers. The amounts must be unrestricted with restricted cash listed in a different Sukhjit Starch account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Sukhjit Starch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sukhjit Starch Chemicals 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 Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Selling General Administrative is likely to drop to about 197.4
M in 2024.
Tax Provision is likely to drop to about 161.7
M in 2024
Sukhjit Starch fundamental ratios Correlations
Click cells to compare fundamentals
Sukhjit Starch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sukhjit Starch fundamental ratios Accounts
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measure Sukhjit Starch's 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 Sukhjit Starch is operating at the current time. Most of Sukhjit Starch's value examination focuses on studying past and present price action to
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