Industrial Other Current Assets vs Other Assets Analysis

601377 Stock   6.44  0.10  1.58%   
Industrial Securities financial indicator trend analysis is infinitely more than just investigating Industrial Securities recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Securities is a good investment. Please check the relationship between Industrial Securities Other Current Assets and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Industrial Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Assets vs Other Assets

Other Current Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Securities Other Current Assets account and Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Industrial Securities' Other Current Assets and Other Assets is 0.59. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Industrial Securities Co, assuming nothing else is changed. The correlation between historical values of Industrial Securities' Other Current Assets and Other 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 Other Current Assets of Industrial Securities Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Current Assets i.e., Industrial Securities' Other Current Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Assets

Most indicators from Industrial Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Securities 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 Industrial Securities Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 1, 2024, Selling General Administrative is expected to decline to about 1.5 B. In addition to that, Tax Provision is expected to decline to about 270 M
 2023 2024 (projected)
Operating Income1.3B2.4B
Total Revenue10.6B8.6B

Industrial Securities fundamental ratios Correlations

0.99-0.210.790.920.25-0.521.00.920.840.750.910.760.040.750.90.590.780.370.710.870.920.160.870.160.58
0.99-0.190.770.920.21-0.560.980.920.830.750.90.740.080.730.920.620.770.320.70.880.940.120.870.120.6
-0.21-0.19-0.34-0.04-0.510.25-0.210.01-0.160.17-0.37-0.48-0.280.06-0.070.37-0.05-0.42-0.43-0.35-0.20.220.030.220.19
0.790.77-0.340.770.51-0.370.790.670.820.470.790.830.110.670.770.110.750.480.690.780.780.20.740.20.06
0.920.92-0.040.770.17-0.380.910.970.70.830.750.540.00.890.90.60.910.480.680.780.880.310.920.310.54
0.250.21-0.510.510.17-0.120.260.050.37-0.230.50.53-0.010.150.18-0.560.270.590.580.530.320.210.110.21-0.3
-0.52-0.560.25-0.37-0.38-0.12-0.51-0.46-0.48-0.49-0.47-0.46-0.05-0.29-0.39-0.34-0.31-0.16-0.32-0.4-0.420.01-0.350.01-0.36
1.00.98-0.210.790.910.26-0.510.910.840.740.90.770.030.750.90.580.790.380.70.860.920.170.860.170.58
0.920.920.010.670.970.05-0.460.910.660.90.710.49-0.120.880.880.730.880.380.620.730.860.360.920.360.67
0.840.83-0.160.820.70.37-0.480.840.660.460.850.910.170.610.870.330.650.160.630.840.880.160.80.160.42
0.750.750.170.470.83-0.23-0.490.740.90.460.450.26-0.130.810.70.780.760.320.30.470.640.30.80.30.68
0.910.9-0.370.790.750.5-0.470.90.710.850.450.880.10.520.820.320.630.340.760.930.89-0.030.71-0.030.39
0.760.74-0.480.830.540.53-0.460.770.490.910.260.880.210.420.720.080.510.240.650.80.77-0.020.61-0.020.22
0.040.08-0.280.110.0-0.01-0.050.03-0.120.17-0.130.10.21-0.170.06-0.16-0.160.130.140.10.06-0.6-0.05-0.6-0.11
0.750.730.060.670.890.15-0.290.750.880.610.810.520.42-0.170.820.50.970.510.550.630.770.610.920.610.57
0.90.92-0.070.770.90.18-0.390.90.880.870.70.820.720.060.820.570.840.230.670.880.980.270.970.270.61
0.590.620.370.110.6-0.56-0.340.580.730.330.780.320.08-0.160.50.570.41-0.220.140.30.490.140.60.140.82
0.780.77-0.050.750.910.27-0.310.790.880.650.760.630.51-0.160.970.840.410.590.620.690.810.50.910.50.5
0.370.32-0.420.480.480.59-0.160.380.380.160.320.340.240.130.510.23-0.220.590.50.380.310.210.30.21-0.02
0.710.7-0.430.690.680.58-0.320.70.620.630.30.760.650.140.550.670.140.620.50.740.750.20.620.20.24
0.870.88-0.350.780.780.53-0.40.860.730.840.470.930.80.10.630.880.30.690.380.740.950.190.780.190.41
0.920.94-0.20.780.880.32-0.420.920.860.880.640.890.770.060.770.980.490.810.310.750.950.240.920.240.59
0.160.120.220.20.310.210.010.170.360.160.3-0.03-0.02-0.60.610.270.140.50.210.20.190.240.41.00.21
0.870.870.030.740.920.11-0.350.860.920.80.80.710.61-0.050.920.970.60.910.30.620.780.920.40.40.64
0.160.120.220.20.310.210.010.170.360.160.3-0.03-0.02-0.60.610.270.140.50.210.20.190.241.00.40.21
0.580.60.190.060.54-0.3-0.360.580.670.420.680.390.22-0.110.570.610.820.5-0.020.240.410.590.210.640.21
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Industrial Securities Account Relationship Matchups

Industrial Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets170.6B181.0B217.5B245.9B273.6B287.3B
Total Stockholder Equity34.4B37.7B41.2B52.3B56.4B59.2B
Other Liab2.0B2.4B4.5B16.6B15.0B8.1B
Retained Earnings12.9B16.3B19.8B20.9B11.8B9.8B
Cash58.5B94.2B117.1B128.4B120.7B126.7B
Other Assets19.3B19.8B18.5B2.5B2.9B2.8B
Total Liab133.5B140.2B172.1B189.0B212.6B223.3B
Intangible Assets200.2M259.2M362.4M432.8M479.4M503.4M
Property Plant Equipment606.7M651.7M1.7B1.6B1.8B1.9B
Other Current Liab5.4B4.5B5.0B2.7B2.4B2.3B
Total Current Liabilities92.0B115.6B130.8B119.3B137.2B105.7B
Net Tangible Assets34.2B37.5B40.8B51.8B59.6B38.5B
Accounts Payable963.7M2.1B400.5K15.6B21.1B22.1B
Net Receivables22.6B32.0B36.4B30.4B34.9B27.2B
Other Current Assets27.2B33.4B42.0B19.4B22.3B29.4B
Other Stockholder Equity498.7M356.1M269.3M227.5M261.6M261.4M
Deferred Long Term Liab185.7M148.4M145.8M157.1M180.7M148.2M
Long Term Investments75.8B76.1B87.2B101.2B134.9B83.1B
Total Current Assets141.1B150.3B187.2B204.3B234.9B157.4B
Net Invested Capital95.6B93.9B96.0B113.2B126.3B112.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Industrial Stock

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