SUKHJITS | | | 263.49 1.93 0.74% |
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 Short Term Investments and its Total Liab 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.
Short Term Investments vs Total Liab
Short Term Investments vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sukhjit Starch Chemicals Short Term Investments account and
Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sukhjit Starch's Short Term Investments and Total Liab is 0.73. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Liab 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 Short Term Investments and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Sukhjit Starch Chemicals are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Investments i.e., Sukhjit Starch's Short Term Investments and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Investments
Short Term Investments is an item under the current assets section of Sukhjit Starch balance sheet. It contains any investments Sukhjit Starch Chemicals undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sukhjit Starch Chemicals can easily liquidate in the marketplace.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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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