3MINDIA Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

3MINDIA Stock   31,743  4.45  0.01%   
3M India financial indicator trend analysis is way more than just evaluating 3M India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3M India Limited is a good investment. Please check the relationship between 3M India Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 3M India 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 unemployment.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3M India Limited Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between 3M India's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.0. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of 3M India Limited, assuming nothing else is changed. The correlation between historical values of 3M India's Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of 3M India Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., 3M India's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from 3M India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3M India Limited 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 3M India 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 unemployment.
As of November 28, 2024, Selling General Administrative is expected to decline to about 221.8 M. In addition to that, Tax Provision is expected to decline to about 1.5 B
 2021 2022 2023 2024 (projected)
Interest Expense35.0M72.7M32.2M37.4M
Depreciation And Amortization551.2M576.8M529.4M410.9M

3M India fundamental ratios Correlations

-0.17-0.18-0.64-0.150.00.37-0.16-0.42-0.09-0.58-0.16-0.120.290.26-0.63-0.57-0.850.11-0.87-0.120.25-0.680.170.19-0.28
-0.170.420.80.990.27-0.880.990.880.790.840.940.95-0.05-0.50.820.880.36-0.260.560.880.290.74-0.57-0.680.93
-0.180.420.420.390.13-0.310.390.310.430.330.390.47-0.01-0.130.430.390.28-0.080.40.47-0.520.43-0.25-0.240.54
-0.640.80.420.760.27-0.80.760.840.650.890.780.8-0.14-0.51.00.940.65-0.210.850.710.050.96-0.51-0.620.8
-0.150.990.390.760.24-0.91.00.890.760.850.920.92-0.06-0.510.770.880.32-0.280.530.890.340.69-0.58-0.680.93
0.00.270.130.270.240.030.240.020.780.020.250.40.240.110.270.140.050.460.090.19-0.070.060.15-0.580.09
0.37-0.88-0.31-0.8-0.90.03-0.9-0.99-0.5-0.97-0.8-0.760.150.6-0.81-0.94-0.390.44-0.63-0.83-0.35-0.810.680.59-0.91
-0.160.990.390.761.00.24-0.90.90.760.850.920.92-0.07-0.490.780.880.33-0.280.540.890.340.7-0.58-0.670.93
-0.420.880.310.840.890.02-0.990.90.540.980.790.76-0.17-0.610.850.960.42-0.360.670.830.330.83-0.62-0.60.9
-0.090.790.430.650.760.78-0.50.760.540.510.730.860.02-0.230.670.630.220.170.410.730.060.5-0.24-0.740.67
-0.580.840.330.890.850.02-0.970.850.980.510.760.72-0.22-0.60.90.980.59-0.350.790.770.230.89-0.59-0.570.88
-0.160.940.390.780.920.25-0.80.920.790.730.760.910.18-0.440.790.840.33-0.330.530.760.330.69-0.59-0.70.81
-0.120.950.470.80.920.4-0.760.920.760.860.720.91-0.07-0.450.820.810.28-0.240.520.890.180.73-0.59-0.710.88
0.29-0.05-0.01-0.14-0.060.240.15-0.07-0.170.02-0.220.18-0.070.13-0.15-0.16-0.3-0.08-0.35-0.30.28-0.31-0.01-0.36-0.3
0.26-0.5-0.13-0.5-0.510.110.6-0.49-0.61-0.23-0.6-0.44-0.450.13-0.51-0.57-0.270.18-0.4-0.51-0.24-0.540.260.58-0.58
-0.630.820.431.00.770.27-0.810.780.850.670.90.790.82-0.15-0.510.950.63-0.210.840.730.050.96-0.52-0.630.82
-0.570.880.390.940.880.14-0.940.880.960.630.980.840.81-0.16-0.570.950.57-0.320.810.810.210.92-0.6-0.650.89
-0.850.360.280.650.320.05-0.390.330.420.220.590.330.28-0.3-0.270.630.57-0.150.890.15-0.250.69-0.18-0.190.41
0.11-0.26-0.08-0.21-0.280.460.44-0.28-0.360.17-0.35-0.33-0.24-0.080.18-0.21-0.32-0.15-0.17-0.2-0.3-0.330.880.16-0.28
-0.870.560.40.850.530.09-0.630.540.670.410.790.530.52-0.35-0.40.840.810.89-0.170.48-0.250.87-0.36-0.360.65
-0.120.880.470.710.890.19-0.830.890.830.730.770.760.89-0.3-0.510.730.810.15-0.20.480.170.69-0.56-0.580.92
0.250.29-0.520.050.34-0.07-0.350.340.330.060.230.330.180.28-0.240.050.21-0.25-0.3-0.250.17-0.03-0.26-0.330.1
-0.680.740.430.960.690.06-0.810.70.830.50.890.690.73-0.31-0.540.960.920.69-0.330.870.69-0.03-0.57-0.480.81
0.17-0.57-0.25-0.51-0.580.150.68-0.58-0.62-0.24-0.59-0.59-0.59-0.010.26-0.52-0.6-0.180.88-0.36-0.56-0.26-0.570.43-0.57
0.19-0.68-0.24-0.62-0.68-0.580.59-0.67-0.6-0.74-0.57-0.7-0.71-0.360.58-0.63-0.65-0.190.16-0.36-0.58-0.33-0.480.43-0.54
-0.280.930.540.80.930.09-0.910.930.90.670.880.810.88-0.3-0.580.820.890.41-0.280.650.920.10.81-0.57-0.54
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3M India Account Relationship Matchups

3M India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.7B26.5B30.1B27.1B32.5B17.1B
Other Current Liab322.0M1.5B2.0B1.6B1.9B1.3B
Total Current Liabilities5.7B6.9B7.6B9.8B10.6B11.1B
Total Stockholder Equity17.5B19.1B21.8B16.8B21.5B11.7B
Property Plant And Equipment Net3.1B2.9B3.3B3.6B3.4B3.1B
Net Debt(7.4B)(10.4B)(13.0B)(7.7B)(10.3B)(9.7B)
Retained Earnings17.3B19.0B21.7B16.6B21.3B11.8B
Cash7.8B10.6B13.3B8.0B10.4B11.0B
Non Current Assets Total5.0B5.1B5.7B5.9B5.8B4.1B
Cash And Short Term Investments7.8B10.6B13.3B8.1B13.6B14.2B
Net Receivables5.6B5.2B5.6B6.4B7.0B4.1B
Liabilities And Stockholders Equity23.7B26.5B30.1B27.1B32.5B17.1B
Inventory4.4B4.6B4.9B6.1B5.4B3.3B
Other Current Assets788.4M1.2B631.3M764.7M730.1M693.6M
Other Stockholder Equity1.8B48.0M95.0M31.5M125.4M90.2M
Total Liab6.2B7.4B8.2B10.4B11.0B11.6B
Total Current Assets18.7B21.4B24.4B21.3B26.7B28.0B
Accumulated Other Comprehensive Income(47.0M)(76.2M)(63.5M)(59.4M)(72.7M)(76.3M)
Short Long Term Debt Total421.3M231.3M728.1M267.5M181.8M353.7M
Non Currrent Assets Other1.5B647.1M2.3B2.0B5.1B5.3B
Non Current Liabilities Total491.9M525.8M619.1M566.1M418.4M375.1M
Current Deferred Revenue2.0B2.4B34.7M47.8M35.5M33.8M
Accounts Payable3.1B5.0B5.4B7.6B8.2B8.7B
Short Term Debt244.9M99.6M177.3M(269.0M)94.1M89.4M
Intangible Assets3.5M3.4M5.6M3.1M3.5M3.4M
Other Liab315.5M421.5M550.7M430.2M494.8M319.3M
Net Tangible Assets17.5B19.1B21.8B16.8B19.3B15.1B
Other Assets1.9B2.2B2.4B762.6M877.0M1.3B
Property Plant Equipment3.1B2.9B3.3B3.6B3.3B2.7B
Long Term Debt Total176.4M104.3M550.7M135.9M156.3M164.9M
Capital Lease Obligations421.3M231.3M245.7M267.5M181.8M230.7M
Cash And Equivalents6.0B10.0B11.9B8.0B9.2B7.8B
Net Invested Capital17.5B19.1B21.8B16.8B21.5B19.9B
Net Working Capital13.0B14.5B16.8B11.5B16.1B14.7B

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Other Information on Investing in 3MINDIA Stock

Balance Sheet is a snapshot of the financial position of 3M India Limited at a specified time, usually calculated after every quarter, six months, or one year. 3M India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3M India 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 3MINDIA currently owns. An asset can also be divided into two categories, current and non-current.