3MINDIA Total Revenue vs Interest Income 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 Total Revenue and its Interest Income 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.

Total Revenue vs Interest Income

Total Revenue vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3M India Limited Total Revenue account and Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between 3M India's Total Revenue and Interest Income is 0.23. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Income 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 Total Revenue and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of 3M India Limited are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Total Revenue i.e., 3M India's Total Revenue and Interest Income go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts 3M India Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 24, 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

-0.17-0.18-0.64-0.15-0.010.37-0.16-0.42-0.09-0.58-0.16-0.120.290.26-0.63-0.57-0.850.11-0.88-0.120.25-0.680.010.19-0.28
-0.170.420.80.990.28-0.880.990.880.790.840.940.95-0.05-0.50.820.880.36-0.260.550.880.290.74-0.49-0.680.93
-0.180.420.420.390.13-0.310.390.310.430.330.390.47-0.01-0.130.420.390.26-0.080.390.47-0.520.42-0.19-0.240.53
-0.640.80.420.760.27-0.80.760.840.650.890.780.8-0.14-0.51.00.940.65-0.210.840.710.050.96-0.38-0.620.8
-0.150.990.390.760.24-0.91.00.890.760.850.920.92-0.06-0.510.770.880.32-0.280.520.890.340.69-0.5-0.680.93
-0.010.280.130.270.240.030.240.020.780.030.250.40.240.110.280.140.060.460.090.19-0.070.070.17-0.580.09
0.37-0.88-0.31-0.8-0.90.03-0.9-0.99-0.5-0.97-0.8-0.760.150.6-0.81-0.94-0.390.44-0.62-0.83-0.35-0.810.610.59-0.91
-0.160.990.390.761.00.24-0.90.90.760.850.920.92-0.07-0.490.780.880.33-0.280.530.890.340.7-0.5-0.670.93
-0.420.880.310.840.890.02-0.990.90.540.980.790.76-0.17-0.610.850.960.42-0.360.660.830.330.83-0.54-0.60.9
-0.090.790.430.650.760.78-0.50.760.540.510.730.860.02-0.230.670.630.220.170.40.730.060.5-0.18-0.740.67
-0.580.840.330.890.850.03-0.970.850.980.510.760.72-0.22-0.60.90.980.59-0.350.790.770.230.89-0.47-0.570.88
-0.160.940.390.780.920.25-0.80.920.790.730.760.910.18-0.440.790.840.33-0.330.520.760.330.69-0.52-0.70.81
-0.120.950.470.80.920.4-0.760.920.760.860.720.91-0.07-0.450.820.810.28-0.240.50.890.180.73-0.53-0.710.88
0.29-0.05-0.01-0.14-0.060.240.15-0.07-0.170.02-0.220.18-0.070.13-0.15-0.16-0.3-0.08-0.35-0.30.28-0.31-0.08-0.36-0.3
0.26-0.5-0.13-0.5-0.510.110.6-0.49-0.61-0.23-0.6-0.44-0.450.13-0.51-0.57-0.270.18-0.4-0.51-0.24-0.540.20.58-0.58
-0.630.820.421.00.770.28-0.810.780.850.670.90.790.82-0.15-0.510.950.63-0.210.830.730.050.96-0.39-0.630.82
-0.570.880.390.940.880.14-0.940.880.960.630.980.840.81-0.16-0.570.950.57-0.320.80.810.210.92-0.49-0.650.89
-0.850.360.260.650.320.06-0.390.330.420.220.590.330.28-0.3-0.270.630.57-0.150.90.15-0.250.690.04-0.190.41
0.11-0.26-0.08-0.21-0.280.460.44-0.28-0.360.17-0.35-0.33-0.24-0.080.18-0.21-0.32-0.15-0.17-0.2-0.3-0.330.860.16-0.28
-0.880.550.390.840.520.09-0.620.530.660.40.790.520.5-0.35-0.40.830.80.9-0.170.46-0.250.87-0.17-0.350.64
-0.120.880.470.710.890.19-0.830.890.830.730.770.760.89-0.3-0.510.730.810.15-0.20.460.170.69-0.54-0.580.92
0.250.29-0.520.050.34-0.07-0.350.340.330.060.230.330.180.28-0.240.050.21-0.25-0.3-0.250.17-0.03-0.31-0.330.1
-0.680.740.420.960.690.07-0.810.70.830.50.890.690.73-0.31-0.540.960.920.69-0.330.870.69-0.03-0.44-0.480.81
0.01-0.49-0.19-0.38-0.50.170.61-0.5-0.54-0.18-0.47-0.52-0.53-0.080.2-0.39-0.490.040.86-0.17-0.54-0.31-0.440.39-0.49
0.19-0.68-0.24-0.62-0.68-0.580.59-0.67-0.6-0.74-0.57-0.7-0.71-0.360.58-0.63-0.65-0.190.16-0.35-0.58-0.33-0.480.39-0.54
-0.280.930.530.80.930.09-0.910.930.90.670.880.810.88-0.3-0.580.820.890.41-0.280.640.920.10.81-0.49-0.54
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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 Liab322.0M1.5B2.0B1.6B1.8B1.3B
Total Current Liabilities5.7B6.9B7.6B9.8B10.6B11.1B
Total Stockholder Equity17.5B19.1B21.8B16.8B21.5B11.7B
Property Plant And Equipment Net3.1B2.9B3.3B3.6B3.5B3.1B
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 Other1.5B647.1M2.3B2.0B5.3B5.6B
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)493.6M273.4M
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.