SWVLW Stock | | | USD 0.02 0 6.67% |
Swvl Holdings financial indicator trend analysis is much more than just breaking down Swvl Holdings Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Swvl Holdings Corp is a good investment. Please check the relationship between Swvl Holdings Depreciation And Amortization and its Interest Income accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Swvl Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Depreciation And Amortization vs Interest Income
Depreciation And Amortization vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Swvl Holdings Corp Depreciation And Amortization account and
Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Swvl Holdings' Depreciation And Amortization and Interest Income is -0.86. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income in the same time period over historical financial statements of Swvl Holdings Corp, assuming nothing else is changed. The correlation between historical values of Swvl Holdings' Depreciation And Amortization and Interest Income 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 And Amortization of Swvl Holdings Corp are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., Swvl Holdings' Depreciation And Amortization and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Swvl Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Swvl Holdings Corp 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 Swvl Holdings Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Swvl Holdings'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 2.13 in 2024, whereas
Tax Provision is likely to drop (43.4
K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Depreciation And Amortization | 739.6K | 752.8K | 865.7K | 682.7K | Interest Income | 128.4K | 68.4K | 46.1K | 43.8K |
Swvl Holdings fundamental ratios Correlations
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Swvl Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Swvl Holdings fundamental ratios Accounts
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