SIL Non Current Assets Total vs Non Current Liabilities Total Analysis
| SILINV Stock | | | 637.55 19.25 3.11% |
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 Non Current Assets Total and its Non Current Liabilities Total 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.
Non Current Assets Total vs Non Current Liabilities Total
Non Current Assets Total vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SIL Investments Non Current Assets Total account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SIL Investments' Non Current Assets Total and Non Current Liabilities Total is 0.85. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Current Liabilities Total 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' Non Current Assets Total and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of SIL Investments Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Non Current Assets Total i.e., SIL Investments' Non Current Assets Total and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Non Current Liabilities Total
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.