3MINDIA Non Current Assets Total vs Total Current Assets Analysis

3MINDIA Stock

26,740 456.55 1.68%

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 Non Current Assets Total and its Total Current Assets 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.

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3M India Limited Non Current Assets Total account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between 3M India's Non Current Assets Total and Total Current Assets is 0.63. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Assets 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 Non Current Assets Total and Total Current Assets 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 3M India Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Assets Total i.e., 3M India's Non Current Assets Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 February 16, 2025, 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

	2022	2023	2024	2025 (projected)
Interest Expense	72.7M	32.2M	37.0M	35.5M
Depreciation And Amortization	576.8M	529.4M	608.8M	380.1M

Interest Expense Depreciation And Amortization

3M India fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Retained Earnings
Total Assets		-0.3	0.56	0.96	0.99	0.25	-0.87	0.95	0.95	0.67	0.86	0.58	0.97	0.96	-0.6	-0.6	0.71	0.77	0.96	0.1	0.02	0.97	1.0	-0.37	0.61	0.99
Short Long Term Debt Total	-0.3		-0.2	-0.27	-0.31	0.47	0.44	-0.34	-0.37	0.15	-0.25	-0.12	-0.38	-0.33	0.19	0.19	-0.27	-0.14	-0.26	-0.27	-0.19	-0.27	-0.35	0.93	-0.19	-0.31
Other Current Liab	0.56	-0.2		0.52	0.56	0.37	-0.55	0.48	0.53	0.62	0.36	0.48	0.49	0.55	-0.09	-0.09	0.19	0.65	0.6	0.04	-0.47	0.53	0.54	-0.32	0.2	0.55
Total Current Liabilities	0.96	-0.27	0.52		0.92	0.26	-0.77	0.99	0.86	0.63	0.9	0.39	0.92	0.94	-0.66	-0.66	0.78	0.66	0.95	0.05	-0.03	1.0	0.96	-0.3	0.67	0.93
Total Stockholder Equity	0.99	-0.31	0.56	0.92		0.24	-0.9	0.91	0.96	0.68	0.83	0.65	0.97	0.95	-0.57	-0.57	0.66	0.8	0.94	0.12	0.05	0.93	0.99	-0.39	0.57	1.0
Property Plant And Equipment Net	0.25	0.47	0.37	0.26	0.24		-0.04	0.19	0.09	0.78	0.16	0.02	0.08	0.29	-0.01	-0.01	0.04	0.35	0.38	-0.17	-0.1	0.26	0.18	0.35	0.13	0.23
Net Debt	-0.87	0.44	-0.55	-0.77	-0.9	-0.04		-0.77	-0.97	-0.55	-0.59	-0.76	-0.92	-0.81	0.27	0.27	-0.41	-0.83	-0.8	-0.15	-0.11	-0.78	-0.89	0.55	-0.29	-0.9
Accounts Payable	0.95	-0.34	0.48	0.99	0.91	0.19	-0.77		0.86	0.58	0.91	0.34	0.92	0.9	-0.66	-0.66	0.79	0.65	0.93	-0.03	-0.07	0.99	0.95	-0.38	0.67	0.91
Cash	0.95	-0.37	0.53	0.86	0.96	0.09	-0.97	0.86		0.57	0.73	0.71	0.98	0.88	-0.47	-0.47	0.56	0.8	0.87	0.11	0.08	0.87	0.96	-0.45	0.47	0.97
Non Current Assets Total	0.67	0.15	0.62	0.63	0.68	0.78	-0.55	0.58	0.57		0.48	0.45	0.55	0.67	-0.07	-0.07	0.27	0.81	0.76	-0.03	-0.12	0.64	0.63	-0.02	0.28	0.67
Non Currrent Assets Other	0.86	-0.25	0.36	0.9	0.83	0.16	-0.59	0.91	0.73	0.48		0.19	0.85	0.82	-0.76	-0.76	0.94	0.46	0.81	-0.04	-0.08	0.9	0.86	-0.24	0.78	0.83
Other Assets	0.58	-0.12	0.48	0.39	0.65	0.02	-0.76	0.34	0.71	0.45	0.19		0.58	0.55	-0.03	-0.03	-0.01	0.75	0.52	0.34	0.08	0.41	0.59	-0.26	0.0	0.65
Cash And Short Term Investments	0.97	-0.38	0.49	0.92	0.97	0.08	-0.92	0.92	0.98	0.55	0.85	0.58		0.9	-0.59	-0.59	0.72	0.71	0.88	0.06	0.04	0.93	0.98	-0.42	0.6	0.97
Net Receivables	0.96	-0.33	0.55	0.94	0.95	0.29	-0.81	0.9	0.88	0.67	0.82	0.55	0.9		-0.57	-0.57	0.66	0.71	0.95	0.31	0.17	0.94	0.96	-0.37	0.57	0.95
Good Will	-0.6	0.19	-0.09	-0.66	-0.57	-0.01	0.27	-0.66	-0.47	-0.07	-0.76	-0.03	-0.59	-0.57		1.0	-0.8	-0.09	-0.54	0.06	0.05	-0.65	-0.6	0.1	-0.85	-0.57
Common Stock Shares Outstanding	-0.6	0.19	-0.09	-0.66	-0.57	-0.01	0.27	-0.66	-0.47	-0.07	-0.76	-0.03	-0.59	-0.57	1.0		-0.8	-0.09	-0.54	0.06	0.05	-0.65	-0.6	0.1	-0.85	-0.57
Short Term Investments	0.71	-0.27	0.19	0.78	0.66	0.04	-0.41	0.79	0.56	0.27	0.94	-0.01	0.72	0.66	-0.8	-0.8		0.18	0.61	-0.08	-0.06	0.76	0.71	-0.15	0.81	0.67
Non Current Liabilities Total	0.77	-0.14	0.65	0.66	0.8	0.35	-0.83	0.65	0.8	0.81	0.46	0.75	0.71	0.71	-0.09	-0.09	0.18		0.82	0.01	-0.14	0.68	0.76	-0.38	0.18	0.8
Inventory	0.96	-0.26	0.6	0.95	0.94	0.38	-0.8	0.93	0.87	0.76	0.81	0.52	0.88	0.95	-0.54	-0.54	0.61	0.82		0.06	-0.05	0.96	0.95	-0.38	0.55	0.94
Other Current Assets	0.1	-0.27	0.04	0.05	0.12	-0.17	-0.15	-0.03	0.11	-0.03	-0.04	0.34	0.06	0.31	0.06	0.06	-0.08	0.01	0.06		0.62	0.05	0.12	-0.18	-0.08	0.11
Other Stockholder Equity	0.02	-0.19	-0.47	-0.03	0.05	-0.1	-0.11	-0.07	0.08	-0.12	-0.08	0.08	0.04	0.17	0.05	0.05	-0.06	-0.14	-0.05	0.62		-0.04	0.04	-0.1	-0.07	0.04
Total Liab	0.97	-0.27	0.53	1.0	0.93	0.26	-0.78	0.99	0.87	0.64	0.9	0.41	0.93	0.94	-0.65	-0.65	0.76	0.68	0.96	0.05	-0.04		0.96	-0.31	0.66	0.93
Total Current Assets	1.0	-0.35	0.54	0.96	0.99	0.18	-0.89	0.95	0.96	0.63	0.86	0.59	0.98	0.96	-0.6	-0.6	0.71	0.76	0.95	0.12	0.04	0.96		-0.41	0.6	0.99
Short Term Debt	-0.37	0.93	-0.32	-0.3	-0.39	0.35	0.55	-0.38	-0.45	-0.02	-0.24	-0.26	-0.42	-0.37	0.1	0.1	-0.15	-0.38	-0.38	-0.18	-0.1	-0.31	-0.41		-0.1	-0.39
Common Stock	0.61	-0.19	0.2	0.67	0.57	0.13	-0.29	0.67	0.47	0.28	0.78	0.0	0.6	0.57	-0.85	-0.85	0.81	0.18	0.55	-0.08	-0.07	0.66	0.6	-0.1		0.57
Retained Earnings	0.99	-0.31	0.55	0.93	1.0	0.23	-0.9	0.91	0.97	0.67	0.83	0.65	0.97	0.95	-0.57	-0.57	0.67	0.8	0.94	0.11	0.04	0.93	0.99	-0.39	0.57

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3M India Account Relationship Matchups

3M India fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	26.5B	30.1B	27.1B	32.5B	37.4B	39.2B
Short Long Term Debt Total	231.3M	728.1M	267.5M	181.8M	163.6M	155.4M
Other Current Liab	1.5B	2.0B	1.6B	1.9B	2.2B	1.4B
Total Current Liabilities	6.9B	7.6B	9.8B	10.6B	12.2B	12.8B
Total Stockholder Equity	19.1B	21.8B	16.8B	21.5B	24.7B	25.9B
Property Plant And Equipment Net	2.9B	3.3B	3.6B	3.4B	4.0B	2.9B
Net Debt	(10.4B)	(13.0B)	(7.7B)	(10.3B)	(9.2B)	(8.8B)
Accounts Payable	5.0B	5.4B	7.6B	8.2B	9.5B	9.9B
Cash	10.6B	13.3B	8.0B	10.4B	12.0B	12.6B
Non Current Assets Total	5.1B	5.7B	5.9B	5.8B	6.7B	3.8B
Non Currrent Assets Other	647.1M	2.3B	2.0B	5.1B	5.8B	6.1B
Other Assets	1.9B	2.2B	2.4B	762.6M	877.0M	1.1B
Cash And Short Term Investments	10.6B	13.3B	8.1B	13.6B	15.6B	16.4B
Net Receivables	5.2B	5.6B	6.4B	7.0B	8.1B	8.5B
Liabilities And Stockholders Equity	26.5B	30.1B	27.1B	32.5B	37.4B	39.2B
Non Current Liabilities Total	525.8M	619.1M	566.1M	418.4M	481.1M	332.9M
Inventory	4.6B	4.9B	6.1B	5.4B	6.2B	6.5B
Other Current Assets	1.2B	631.3M	764.7M	730.1M	839.6M	1.2B
Total Liab	7.4B	8.2B	10.4B	11.0B	12.7B	13.3B
Total Current Assets	21.4B	24.4B	21.3B	26.7B	30.7B	32.2B
Accumulated Other Comprehensive Income	(76.2M)	(63.5M)	(59.4M)	(72.7M)	(65.4M)	(68.7M)
Short Term Debt	99.6M	177.3M	(269.0M)	94.1M	84.7M	80.5M
Retained Earnings	19.0B	21.7B	16.6B	21.3B	24.5B	25.8B
Current Deferred Revenue	2.4B	34.7M	47.8M	35.5M	40.9M	38.8M
Intangible Assets	3.4M	5.6M	3.1M	3.5M	3.2M	3.0M
Other Liab	315.5M	421.5M	550.7M	430.2M	494.8M	319.3M
Net Tangible Assets	17.5B	19.1B	21.8B	16.8B	19.3B	15.1B
Property Plant Equipment	3.1B	2.9B	3.3B	3.6B	3.3B	2.7B
Long Term Debt Total	176.4M	104.3M	550.7M	135.9M	156.3M	164.9M
Capital Lease Obligations	231.3M	245.7M	267.5M	181.8M	209.0M	230.7M
Cash And Equivalents	6.0B	10.0B	11.9B	8.0B	9.2B	7.8B
Net Invested Capital	19.1B	21.8B	16.8B	21.5B	24.7B	19.9B
Net Working Capital	14.5B	16.8B	11.5B	16.1B	18.5B	14.7B
Property Plant And Equipment Gross	5.1B	5.7B	3.6B	3.4B	3.1B	3.7B

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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.

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3MINDIA Non Current Assets Total vs Total Current Assets Analysis

Non Current Assets Total vs Total Current Assets

Non Current Assets Total vs Total Current Assets Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Total Current Assets

3M India fundamental ratios Correlations

3M India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

3M India fundamental ratios Accounts

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Other Information on Investing in 3MINDIA Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock Shares Outstanding	+ 1.0	Good Will
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Cash	- 0.97	Net Debt
Cash And Short Term Investments	- 0.92	Net Debt
Retained Earnings	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Total Current Assets	- 0.89	Net Debt
Net Debt	- 0.87	Total Assets