Abbott Net Receivables vs Depreciation And Amortization Analysis

ABBOTINDIA   27,723  345.10  1.26%   
Abbott India financial indicator trend analysis is way more than just evaluating Abbott India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abbott India Limited is a good investment. Please check the relationship between Abbott India Net Receivables and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott 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 estimate.

Net Receivables vs Depreciation And Amortization

Net Receivables vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott India Limited Net Receivables account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Abbott India's Net Receivables and Depreciation And Amortization is 0.49. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Abbott India Limited, assuming nothing else is changed. The correlation between historical values of Abbott India's Net Receivables and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Abbott India Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., Abbott India's Net Receivables and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Abbott India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abbott 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 Abbott 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 estimate.
As of the 1st of December 2024, Selling General Administrative is likely to drop to about 751.7 M. In addition to that, Tax Provision is likely to drop to about 2.7 B
 2021 2022 2023 2024 (projected)
Gross Profit22.5B23.7B26.2B27.5B
Total Revenue49.1B53.5B58.5B61.4B

Abbott India fundamental ratios Correlations

-0.220.411.01.00.750.141.00.990.170.790.820.930.610.790.860.730.120.80.990.80.490.680.510.870.91
-0.22-0.03-0.2-0.230.06-0.13-0.23-0.190.16-0.560.03-0.05-0.480.1-0.090.330.07-0.27-0.190.150.520.18-0.06-0.22-0.16
0.41-0.030.450.410.24-0.130.40.420.190.370.370.340.310.360.160.520.190.710.410.40.460.270.680.350.44
1.0-0.20.450.990.740.150.991.00.150.760.840.940.580.810.850.760.150.821.00.820.480.690.520.870.92
1.0-0.230.410.990.730.121.00.990.180.810.790.920.640.770.850.720.10.810.990.780.50.670.510.860.9
0.750.060.240.740.730.310.740.740.240.380.880.860.210.910.930.750.310.40.790.880.480.520.440.860.87
0.14-0.13-0.130.150.120.310.10.16-0.83-0.140.450.3-0.230.350.360.170.20.040.20.34-0.290.35-0.010.250.3
1.0-0.230.40.991.00.740.10.980.20.80.80.920.620.780.860.730.090.780.990.790.490.680.490.870.9
0.99-0.190.421.00.990.740.160.980.140.740.850.940.560.820.850.770.140.80.990.830.470.720.490.880.92
0.170.160.190.150.180.24-0.830.20.140.240.00.110.240.130.120.2-0.030.050.140.110.47-0.120.170.20.13
0.79-0.560.370.760.810.38-0.140.80.740.240.340.530.840.310.490.26-0.080.780.730.320.320.290.50.60.6
0.820.030.370.840.790.880.450.80.850.00.340.950.20.980.90.880.280.530.870.980.40.750.40.880.94
0.93-0.050.340.940.920.860.30.920.940.110.530.950.360.940.950.830.260.650.960.920.440.70.430.890.93
0.61-0.480.310.580.640.21-0.230.620.560.240.840.20.360.170.30.13-0.080.640.550.190.430.210.330.450.44
0.790.10.360.810.770.910.350.780.820.130.310.980.940.170.910.890.310.470.840.980.450.710.410.890.92
0.86-0.090.160.850.850.930.360.860.850.120.490.90.950.30.910.720.240.470.890.860.340.590.340.880.88
0.730.330.520.760.720.750.170.730.770.20.260.880.830.130.890.720.140.540.770.950.650.820.430.760.84
0.120.070.190.150.10.310.20.090.14-0.03-0.080.280.26-0.080.310.240.140.170.170.230.06-0.070.560.20.17
0.8-0.270.710.820.810.40.040.780.80.050.780.530.650.640.470.470.540.170.780.520.460.450.610.60.66
0.99-0.190.411.00.990.790.20.990.990.140.730.870.960.550.840.890.770.170.780.850.470.690.50.890.93
0.80.150.40.820.780.880.340.790.830.110.320.980.920.190.980.860.950.230.520.850.530.80.410.880.94
0.490.520.460.480.50.48-0.290.490.470.470.320.40.440.430.450.340.650.060.460.470.530.480.440.420.47
0.680.180.270.690.670.520.350.680.72-0.120.290.750.70.210.710.590.82-0.070.450.690.80.480.230.650.75
0.51-0.060.680.520.510.44-0.010.490.490.170.50.40.430.330.410.340.430.560.610.50.410.440.230.430.48
0.87-0.220.350.870.860.860.250.870.880.20.60.880.890.450.890.880.760.20.60.890.880.420.650.430.97
0.91-0.160.440.920.90.870.30.90.920.130.60.940.930.440.920.880.840.170.660.930.940.470.750.480.97
Click cells to compare fundamentals

Abbott India Account Relationship Matchups

Abbott India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.5B38.4B42.2B45.6B51.9B54.5B
Other Current Liab248.8M2.1B2.5B2.5B2.7B1.6B
Total Current Liabilities8.9B10.3B12.0B12.1B13.4B14.1B
Total Stockholder Equity24.3B26.0B28.2B31.9B37.0B38.8B
Property Plant And Equipment Net2.7B2.5B2.6B2.3B2.3B1.3B
Net Debt297.5M(656.9M)189.8M(1.3B)(2.1B)(2.0B)
Retained Earnings19.3B20.2B21.6B24.3B28.2B29.6B
Accounts Payable6.6B7.6B8.9B8.9B10.0B10.5B
Cash1.5B2.2B1.3B2.4B2.9B1.7B
Non Current Assets Total3.4B3.2B3.7B15.3B19.5B20.5B
Non Currrent Assets Other20.7B22.1B27.3B18.2B18.8B10.8B
Cash And Short Term Investments21.9B24.0B27.4B20.1B21.2B22.2B
Short Term Investments20.5B21.8B26.0B17.7B18.3B9.4B
Liabilities And Stockholders Equity35.5B38.4B42.2B45.6B51.9B54.5B
Non Current Liabilities Total2.2B2.1B2.0B1.6B1.5B1.6B
Inventory5.3B7.2B6.9B6.5B6.2B3.9B
Other Stockholder Equity3.8M5.6B6.4B7.4B8.6B9.0B
Total Liab11.2B12.4B14.0B13.7B14.9B15.7B
Total Current Assets32.0B35.2B38.5B30.3B32.5B16.7B
Accumulated Other Comprehensive Income4.8B5.6B6.4B7.4B451M428.5M
Net Receivables4.8B3.5B4.0B4.3B4.6B3.2B
Intangible Assets9.0M11.7M86.3M75.2M66.6M41.3M
Other Liab754.3M848.4M897.5M924M1.1B694.2M
Net Tangible Assets20.1B24.3B26.0B28.1B32.3B19.4B
Other Assets707.3M704.9M994.2M169.3M194.7M185.0M
Property Plant Equipment2.7B2.5B2.6B2.3B2.7B1.8B
Current Deferred Revenue1.7B2.0B40.7M47.1M74M70.3M
Short Term Debt356.8M349M429.5M456.8M464.7M252.1M
Long Term Debt Total1.4B1.2B1.1B674.9M776.1M680.6M
Cash And Equivalents1.2B24.1B650M1.8B2.0B1.9B
Net Invested Capital24.3B26.0B28.2B31.9B37.0B29.0B
Net Working Capital23.1B24.9B26.5B18.2B19.0B23.1B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Abbott Stock

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