Aarti Other Current Liab vs Total Current Liabilities 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 Current Liab and its Total Current Liabilities 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 Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aarti Drugs Limited Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aarti Drugs' Other Current Liab and Total Current Liabilities is -0.18. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities 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 Current Liab and Total Current Liabilities 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 Liab of Aarti Drugs Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Aarti Drugs' Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Aarti Drugs balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aarti Drugs Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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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