SIL Cash And Short Term Investments vs Good Will Analysis
| SILINV Stock | | | 629.25 8.30 1.30% |
SIL Investments financial indicator trend analysis is much more than just breaking down SIL Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIL Investments is a good investment. Please check the relationship between SIL Investments Cash And Short Term Investments and its Good Will accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SIL Investments 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 producer price index.
Cash And Short Term Investments vs Good Will
Cash And Short Term Investments vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SIL Investments Cash And Short Term Investments account and
Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SIL Investments' Cash And Short Term Investments and Good Will is -0.13. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of SIL Investments Limited, assuming nothing else is changed. The correlation between historical values of SIL Investments' Cash And Short Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of SIL Investments Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Cash And Short Term Investments i.e., SIL Investments' Cash And Short Term Investments and Good Will go up and down completely randomly.
Correlation Coefficient | -0.13 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of SIL Investments balance sheet. This account contains SIL Investments investments that will expire within one year. These investments include stocks and bonds that can be liquidated by SIL Investments Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from SIL Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIL Investments 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 SIL Investments 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 producer price index.
The current year's
Selling General Administrative is expected to grow to about 41.3
M, whereas
Tax Provision is forecasted to decline to about 103
M.
SIL Investments fundamental ratios Correlations
Click cells to compare fundamentals
SIL Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SIL Investments fundamental ratios Accounts
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Other Information on Investing in SIL Stock
Balance Sheet is a snapshot of the
financial position of SIL Investments at a specified time, usually calculated after every quarter, six months, or one year. SIL Investments Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SIL Investments 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 SIL currently owns. An asset can also be divided into two categories, current and non-current.