Aarti Other Assets vs Total Assets 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 Other Assets and its Total Assets 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.

Other Assets vs Total Assets

Other Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarti Drugs Limited Other Assets account and Total Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Aarti Drugs' Other Assets and Total Assets is 0.39. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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' Other Assets and Total 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 Assets of Aarti Drugs Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., Aarti Drugs' Other Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Total Assets

Total assets refers to the total amount of Aarti Drugs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aarti Drugs Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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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