3MINDIA Retained Earnings vs Short Term Debt Analysis

3MINDIA Stock

30,686 618.95 1.98%

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 Retained Earnings and its Short Term Debt 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.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3M India Limited Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between 3M India's Retained Earnings and Short Term Debt is -0.5. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt 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 Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of 3M India Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., 3M India's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Debt

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 25, 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 Expense	35.0M	72.7M	32.2M	37.4M
Depreciation And Amortization	551.2M	576.8M	529.4M	410.9M

Interest Expense Depreciation And Amortization

3M India fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Currrent Assets Other	Non Current Liabilities Total	Current Deferred Revenue	Accounts Payable	Short Term Debt	Intangible Assets	Other Liab
Common Stock Shares Outstanding		-0.17	-0.18	-0.64	-0.15	-0.01	0.37	-0.16	-0.42	-0.09	-0.58	-0.16	-0.12	0.29	0.26	-0.63	-0.57	-0.85	0.11	-0.88	-0.12	0.25	-0.68	0.01	0.19	-0.28
Total Assets	-0.17		0.42	0.8	0.99	0.28	-0.88	0.99	0.88	0.79	0.84	0.94	0.95	-0.05	-0.5	0.82	0.88	0.36	-0.26	0.55	0.88	0.29	0.74	-0.49	-0.68	0.93
Other Current Liab	-0.18	0.42		0.42	0.39	0.13	-0.31	0.39	0.31	0.43	0.33	0.39	0.47	-0.01	-0.13	0.42	0.39	0.26	-0.08	0.39	0.47	-0.52	0.42	-0.19	-0.24	0.53
Total Current Liabilities	-0.64	0.8	0.42		0.76	0.27	-0.8	0.76	0.84	0.65	0.89	0.78	0.8	-0.14	-0.5	1.0	0.94	0.65	-0.21	0.84	0.71	0.05	0.96	-0.38	-0.62	0.8
Total Stockholder Equity	-0.15	0.99	0.39	0.76		0.24	-0.9	1.0	0.89	0.76	0.85	0.92	0.92	-0.06	-0.51	0.77	0.88	0.32	-0.28	0.52	0.89	0.34	0.69	-0.5	-0.68	0.93
Property Plant And Equipment Net	-0.01	0.28	0.13	0.27	0.24		0.03	0.24	0.02	0.78	0.03	0.25	0.4	0.24	0.11	0.28	0.14	0.06	0.46	0.09	0.19	-0.07	0.07	0.17	-0.58	0.09
Net Debt	0.37	-0.88	-0.31	-0.8	-0.9	0.03		-0.9	-0.99	-0.5	-0.97	-0.8	-0.76	0.15	0.6	-0.81	-0.94	-0.39	0.44	-0.62	-0.83	-0.35	-0.81	0.61	0.59	-0.91
Retained Earnings	-0.16	0.99	0.39	0.76	1.0	0.24	-0.9		0.9	0.76	0.85	0.92	0.92	-0.07	-0.49	0.78	0.88	0.33	-0.28	0.53	0.89	0.34	0.7	-0.5	-0.67	0.93
Cash	-0.42	0.88	0.31	0.84	0.89	0.02	-0.99	0.9		0.54	0.98	0.79	0.76	-0.17	-0.61	0.85	0.96	0.42	-0.36	0.66	0.83	0.33	0.83	-0.54	-0.6	0.9
Non Current Assets Total	-0.09	0.79	0.43	0.65	0.76	0.78	-0.5	0.76	0.54		0.51	0.73	0.86	0.02	-0.23	0.67	0.63	0.22	0.17	0.4	0.73	0.06	0.5	-0.18	-0.74	0.67
Cash And Short Term Investments	-0.58	0.84	0.33	0.89	0.85	0.03	-0.97	0.85	0.98	0.51		0.76	0.72	-0.22	-0.6	0.9	0.98	0.59	-0.35	0.79	0.77	0.23	0.89	-0.47	-0.57	0.88
Net Receivables	-0.16	0.94	0.39	0.78	0.92	0.25	-0.8	0.92	0.79	0.73	0.76		0.91	0.18	-0.44	0.79	0.84	0.33	-0.33	0.52	0.76	0.33	0.69	-0.52	-0.7	0.81
Inventory	-0.12	0.95	0.47	0.8	0.92	0.4	-0.76	0.92	0.76	0.86	0.72	0.91		-0.07	-0.45	0.82	0.81	0.28	-0.24	0.5	0.89	0.18	0.73	-0.53	-0.71	0.88
Other Current Assets	0.29	-0.05	-0.01	-0.14	-0.06	0.24	0.15	-0.07	-0.17	0.02	-0.22	0.18	-0.07		0.13	-0.15	-0.16	-0.3	-0.08	-0.35	-0.3	0.28	-0.31	-0.08	-0.36	-0.3
Other Stockholder Equity	0.26	-0.5	-0.13	-0.5	-0.51	0.11	0.6	-0.49	-0.61	-0.23	-0.6	-0.44	-0.45	0.13		-0.51	-0.57	-0.27	0.18	-0.4	-0.51	-0.24	-0.54	0.2	0.58	-0.58
Total Liab	-0.63	0.82	0.42	1.0	0.77	0.28	-0.81	0.78	0.85	0.67	0.9	0.79	0.82	-0.15	-0.51		0.95	0.63	-0.21	0.83	0.73	0.05	0.96	-0.39	-0.63	0.82
Total Current Assets	-0.57	0.88	0.39	0.94	0.88	0.14	-0.94	0.88	0.96	0.63	0.98	0.84	0.81	-0.16	-0.57	0.95		0.57	-0.32	0.8	0.81	0.21	0.92	-0.49	-0.65	0.89
Common Stock	-0.85	0.36	0.26	0.65	0.32	0.06	-0.39	0.33	0.42	0.22	0.59	0.33	0.28	-0.3	-0.27	0.63	0.57		-0.15	0.9	0.15	-0.25	0.69	0.04	-0.19	0.41
Short Long Term Debt Total	0.11	-0.26	-0.08	-0.21	-0.28	0.46	0.44	-0.28	-0.36	0.17	-0.35	-0.33	-0.24	-0.08	0.18	-0.21	-0.32	-0.15		-0.17	-0.2	-0.3	-0.33	0.86	0.16	-0.28
Non Currrent Assets Other	-0.88	0.55	0.39	0.84	0.52	0.09	-0.62	0.53	0.66	0.4	0.79	0.52	0.5	-0.35	-0.4	0.83	0.8	0.9	-0.17		0.46	-0.25	0.87	-0.17	-0.35	0.64
Non Current Liabilities Total	-0.12	0.88	0.47	0.71	0.89	0.19	-0.83	0.89	0.83	0.73	0.77	0.76	0.89	-0.3	-0.51	0.73	0.81	0.15	-0.2	0.46		0.17	0.69	-0.54	-0.58	0.92
Current Deferred Revenue	0.25	0.29	-0.52	0.05	0.34	-0.07	-0.35	0.34	0.33	0.06	0.23	0.33	0.18	0.28	-0.24	0.05	0.21	-0.25	-0.3	-0.25	0.17		-0.03	-0.31	-0.33	0.1
Accounts Payable	-0.68	0.74	0.42	0.96	0.69	0.07	-0.81	0.7	0.83	0.5	0.89	0.69	0.73	-0.31	-0.54	0.96	0.92	0.69	-0.33	0.87	0.69	-0.03		-0.44	-0.48	0.81
Short Term Debt	0.01	-0.49	-0.19	-0.38	-0.5	0.17	0.61	-0.5	-0.54	-0.18	-0.47	-0.52	-0.53	-0.08	0.2	-0.39	-0.49	0.04	0.86	-0.17	-0.54	-0.31	-0.44		0.39	-0.49
Intangible Assets	0.19	-0.68	-0.24	-0.62	-0.68	-0.58	0.59	-0.67	-0.6	-0.74	-0.57	-0.7	-0.71	-0.36	0.58	-0.63	-0.65	-0.19	0.16	-0.35	-0.58	-0.33	-0.48	0.39		-0.54
Other Liab	-0.28	0.93	0.53	0.8	0.93	0.09	-0.91	0.93	0.9	0.67	0.88	0.81	0.88	-0.3	-0.58	0.82	0.89	0.41	-0.28	0.64	0.92	0.1	0.81	-0.49	-0.54

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3M India Account Relationship Matchups

3M India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	23.7B	26.5B	30.1B	27.1B	32.5B	17.1B
Other Current Liab	322.0M	1.5B	2.0B	1.6B	1.8B	1.3B
Total Current Liabilities	5.7B	6.9B	7.6B	9.8B	10.6B	11.1B
Total Stockholder Equity	17.5B	19.1B	21.8B	16.8B	21.5B	11.7B
Property Plant And Equipment Net	3.1B	2.9B	3.3B	3.6B	3.5B	3.1B
Net Debt	(7.4B)	(10.4B)	(13.0B)	(7.7B)	(10.3B)	(9.7B)
Retained Earnings	17.3B	19.0B	21.7B	16.6B	21.3B	11.8B
Cash	7.8B	10.6B	13.3B	8.0B	10.4B	11.0B
Non Current Assets Total	5.0B	5.1B	5.7B	5.9B	5.8B	4.1B
Cash And Short Term Investments	7.8B	10.6B	13.3B	8.1B	13.6B	14.2B
Net Receivables	5.6B	5.2B	5.6B	6.4B	7.0B	4.1B
Liabilities And Stockholders Equity	23.7B	26.5B	30.1B	27.1B	32.5B	17.1B
Inventory	4.4B	4.6B	4.9B	6.1B	5.4B	3.3B
Other Current Assets	788.4M	1.2B	631.3M	764.7M	730.1M	693.6M
Other Stockholder Equity	1.8B	48.0M	95.0M	31.5M	125.4M	90.2M
Total Liab	6.2B	7.4B	8.2B	10.4B	11.0B	11.6B
Total Current Assets	18.7B	21.4B	24.4B	21.3B	26.7B	28.0B
Accumulated Other Comprehensive Income	(47.0M)	(76.2M)	(63.5M)	(59.4M)	(72.7M)	(76.3M)
Short Long Term Debt Total	421.3M	231.3M	728.1M	267.5M	181.8M	353.7M
Non Currrent Assets Other	1.5B	647.1M	2.3B	2.0B	5.3B	5.6B
Non Current Liabilities Total	491.9M	525.8M	619.1M	566.1M	418.4M	375.1M
Current Deferred Revenue	2.0B	2.4B	34.7M	47.8M	35.5M	33.8M
Accounts Payable	3.1B	5.0B	5.4B	7.6B	8.2B	8.7B
Short Term Debt	244.9M	99.6M	177.3M	(269.0M)	493.6M	273.4M
Intangible Assets	3.5M	3.4M	5.6M	3.1M	3.5M	3.4M
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
Other Assets	1.9B	2.2B	2.4B	762.6M	877.0M	1.3B
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	421.3M	231.3M	245.7M	267.5M	181.8M	230.7M
Cash And Equivalents	6.0B	10.0B	11.9B	8.0B	9.2B	7.8B
Net Invested Capital	17.5B	19.1B	21.8B	16.8B	21.5B	19.9B
Net Working Capital	13.0B	14.5B	16.8B	11.5B	16.1B	14.7B

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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 Retained Earnings vs Short Term Debt Analysis

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Debt

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

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Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments

Cash	- 0.99	Net Debt
Cash And Short Term Investments	- 0.97	Net Debt
Total Current Assets	- 0.94	Net Debt
Other Liab	- 0.91	Net Debt
Retained Earnings	- 0.9	Net Debt
Net Debt	- 0.9	Total Stockholder Equity