| APOLSINHOT | | | 1,858 38.10 2.09% |
Apollo Sindoori financial indicator trend analysis is way more than just evaluating Apollo Sindoori Hotels prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Sindoori Hotels is a good investment. Please check the relationship between Apollo Sindoori Depreciation And Amortization and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Sindoori Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Apollo Sindoori Hotels Depreciation And Amortization account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Apollo Sindoori's Depreciation And Amortization and Income Before Tax is 0.53. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Apollo Sindoori Hotels, assuming nothing else is changed. The correlation between historical values of Apollo Sindoori's Depreciation And Amortization and Income Before Tax 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 Apollo Sindoori Hotels are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Apollo Sindoori's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.53 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
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.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Apollo Sindoori income statement and is an important metric when analyzing Apollo Sindoori Hotels profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Apollo Sindoori's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Sindoori Hotels 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Sindoori Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
As of the 30th of November 2024,
Selling General Administrative is likely to grow to about 103
M, while
Tax Provision is likely to drop about 43
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 24.0M | 58.0M | 78.0M | 81.9M | Depreciation And Amortization | 48.6M | 59.2M | 77.5M | 81.4M |
Apollo Sindoori fundamental ratios Correlations
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Apollo Sindoori Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Apollo Sindoori fundamental ratios Accounts
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Other Information on Investing in Apollo Stock
Balance Sheet is a snapshot of the
financial position of Apollo Sindoori Hotels at a specified time, usually calculated after every quarter, six months, or one year. Apollo Sindoori Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Apollo Sindoori 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 Apollo currently owns. An asset can also be divided into two categories, current and non-current.