Aarti Interest Expense vs Minority Interest Analysis

AARTIDRUGS   454.10  1.00  0.22%   
Aarti Drugs financial indicator trend analysis is way more than just evaluating Aarti Drugs Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aarti Drugs Limited is a good investment. Please check the relationship between Aarti Drugs Interest Expense and its Minority Interest accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aarti Drugs 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 gross domestic product.

Interest Expense vs Minority Interest

Interest Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarti Drugs Limited Interest Expense account and Minority Interest. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Aarti Drugs' Interest Expense and Minority Interest is -0.22. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Aarti Drugs Limited, assuming nothing else is changed. The correlation between historical values of Aarti Drugs' Interest Expense and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Aarti Drugs Limited are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Interest Expense i.e., Aarti Drugs' Interest Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Aarti Drugs Limited whose combined shares represent less than 50% of the total outstanding shares issued by Aarti Drugs have a minority interest in Aarti Drugs.
Most indicators from Aarti Drugs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aarti Drugs 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 Aarti Drugs 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 gross domestic product.
As of 11/27/2024, Selling General Administrative is likely to grow to about 1.1 B, while Tax Provision is likely to drop slightly above 566.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense207.5M332.9M378.9M315.0M
Depreciation And Amortization500.5M503.2M514.5M367.1M

Aarti Drugs fundamental ratios Correlations

0.790.020.940.850.970.770.610.97-0.090.750.97-0.240.690.98-0.15-0.170.970.990.80.990.230.830.390.510.06
0.79-0.270.860.590.831.00.30.83-0.020.480.73-0.110.650.69-0.19-0.040.890.740.480.740.190.570.390.73-0.01
0.02-0.27-0.180.220.08-0.26-0.330.07-0.17-0.150.0-0.340.250.01-0.19-0.29-0.08-0.010.120.05-0.320.250.1-0.420.36
0.940.86-0.180.740.890.840.620.89-0.070.740.94-0.130.530.92-0.07-0.130.970.940.680.930.320.710.380.64-0.11
0.850.590.220.740.820.570.570.820.020.690.82-0.690.60.84-0.1-0.090.780.850.950.880.081.00.270.450.44
0.970.830.080.890.820.820.451.0-0.130.590.9-0.230.790.92-0.21-0.180.950.930.730.930.160.810.350.440.14
0.771.0-0.260.840.570.820.260.82-0.030.450.71-0.10.660.67-0.18-0.040.880.720.460.720.170.550.390.710.0
0.610.3-0.330.620.570.450.260.470.060.860.66-0.230.160.71-0.11-0.030.550.680.660.690.550.550.050.49-0.11
0.970.830.070.890.821.00.820.47-0.120.610.91-0.230.780.92-0.19-0.180.950.930.730.930.170.810.340.450.15
-0.09-0.02-0.17-0.070.02-0.13-0.030.06-0.120.12-0.19-0.02-0.38-0.030.270.94-0.17-0.070.23-0.08-0.52-0.010.180.40.2
0.750.48-0.150.740.690.590.450.860.610.120.82-0.250.260.82-0.070.00.680.830.750.810.360.660.440.65-0.1
0.970.730.00.940.820.90.710.660.91-0.190.82-0.220.60.96-0.11-0.270.940.990.770.970.320.80.410.5-0.04
-0.24-0.11-0.34-0.13-0.69-0.23-0.1-0.23-0.23-0.02-0.25-0.22-0.32-0.250.110.08-0.2-0.23-0.61-0.320.02-0.720.06-0.21-0.68
0.690.650.250.530.60.790.660.160.78-0.380.260.6-0.320.62-0.52-0.390.720.610.460.650.170.630.220.20.18
0.980.690.010.920.840.920.670.710.92-0.030.820.96-0.250.62-0.11-0.120.930.990.840.990.260.830.370.50.01
-0.15-0.19-0.19-0.07-0.1-0.21-0.18-0.11-0.190.27-0.07-0.110.11-0.52-0.110.32-0.2-0.12-0.07-0.14-0.09-0.11-0.11-0.090.2
-0.17-0.04-0.29-0.13-0.09-0.18-0.04-0.03-0.180.940.0-0.270.08-0.39-0.120.32-0.22-0.150.11-0.18-0.46-0.120.230.290.12
0.970.89-0.080.970.780.950.880.550.95-0.170.680.94-0.20.720.93-0.2-0.220.950.690.950.310.760.370.58-0.04
0.990.74-0.010.940.850.930.720.680.93-0.070.830.99-0.230.610.99-0.12-0.150.950.820.990.260.820.410.530.0
0.80.480.120.680.950.730.460.660.730.230.750.77-0.610.460.84-0.070.110.690.820.83-0.030.930.320.450.36
0.990.740.050.930.880.930.720.690.93-0.080.810.97-0.320.650.99-0.14-0.180.950.990.830.290.870.360.540.07
0.230.19-0.320.320.080.160.170.550.17-0.520.360.320.020.170.26-0.09-0.460.310.26-0.030.290.09-0.250.17-0.22
0.830.570.250.711.00.810.550.550.81-0.010.660.8-0.720.630.83-0.11-0.120.760.820.930.870.090.240.430.48
0.390.390.10.380.270.350.390.050.340.180.440.410.060.220.37-0.110.230.370.410.320.36-0.250.240.35-0.31
0.510.73-0.420.640.450.440.710.490.450.40.650.5-0.210.20.5-0.090.290.580.530.450.540.170.430.35-0.01
0.06-0.010.36-0.110.440.140.0-0.110.150.2-0.1-0.04-0.680.180.010.20.12-0.040.00.360.07-0.220.48-0.31-0.01
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Aarti Drugs Account Relationship Matchups

Aarti Drugs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.8B17.7B22.1B24.2B24.3B12.7B
Short Long Term Debt Total3.9B3.5B5.4B6.1B5.6B4.3B
Other Current Liab890.1M521.7M(435M)445.2M567.2M595.5M
Total Current Liabilities6.2B6.0B9.4B9.3B8.0B5.0B
Total Stockholder Equity6.5B9.1B10.4B11.9B12.8B13.5B
Property Plant And Equipment Net6.5B6.8B7.7B8.9B10.5B5.4B
Net Debt3.8B3.4B5.2B6.0B5.6B4.2B
Cash67.7M88.1M216.1M89.6M67.4M65.7M
Non Current Assets Total6.8B7.1B8.1B9.3B11.1B5.7B
Non Currrent Assets Other(6.7B)72.6M284.4M236.7M9.0M9.4M
Cash And Short Term Investments67.7M88.1M216.1M211.7M89.3M74.5M
Net Receivables5.7B5.6B7.6B8.6B7.0B4.1B
Liabilities And Stockholders Equity15.8B17.7B22.1B24.2B24.3B12.7B
Non Current Liabilities Total3.0B2.6B2.3B3.0B3.5B2.6B
Inventory3.3B4.2B5.3B5.2B4.9B2.5B
Other Current Assets365.8M645.8M825.6M900.5M1.2B863.3M
Other Stockholder Equity(6.4B)664.3M650.1M(47.0K)15K15.8K
Total Liab9.2B8.5B11.7B12.3B11.5B7.6B
Total Current Assets9.0B10.6B13.9B14.9B13.2B7.1B
Accumulated Other Comprehensive Income(3.9B)664.3M650.1M793.0M343.7M360.8M
Accounts Payable3.3B3.3B4.7B4.8B4.5B2.8B
Current Deferred Revenue927.0M(396.1M)1.1B43.7M11.8M11.2M
Retained Earnings5.9B7.5B8.8B10.2B11.6B12.1B
Other Assets2K11.5M1K72.6M236.7M0.95
Short Term Debt2.0B2.0B4.0B4.0B2.9B3.1B
Intangible Assets14.9M2.6M1.5M7.9M368.2M386.7M
Short Term Investments114.2M127.2M126.4M122.1M21.9M20.8M
Other Liab1.1B1.1B912.2M906.7M1.0B949.0M
Net Tangible Assets6.5B9.1B10.4B11.9B13.7B14.4B
Long Term Debt1.8B1.5B1.4B2.0B2.8B2.0B
Short Long Term Debt2.0B1.6B4.0B4.0B2.9B2.8B
Property Plant Equipment6.5B6.8B7.7B8.9B10.2B6.8B
Long Term Debt Total1.9B1.5B1.4B2.1B1.8B1.5B
Non Current Liabilities Other17.4M(32K)(3K)(33K)(58K)(55.1K)
Net Invested Capital10.3B12.2B15.7B18.0B18.4B15.0B
Net Working Capital2.7B4.6B4.5B5.6B5.3B4.1B

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