Abbott Total Current Assets vs Total Assets 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 Total Current Assets and its Total Assets 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.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott India Limited Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Abbott India's Total Current Assets and Total Assets is 0.8. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets 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 Total Current 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 Total Current Assets of Abbott India 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 Total Current Assets i.e., Abbott India's Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Assets

Total assets refers to the total amount of Abbott India 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 Abbott India 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 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 Profit	22.5B	23.7B	26.2B	27.5B
Total Revenue	49.1B	53.5B	58.5B	61.4B

Gross Profit Total Revenue

Abbott India fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Intangible Assets	Other Liab	Net Tangible Assets
Total Assets		-0.22	0.41	1.0	1.0	0.75	0.14	1.0	0.99	0.17	0.79	0.82	0.93	0.61	0.79	0.86	0.73	0.12	0.8	0.99	0.8	0.49	0.68	0.51	0.87	0.91
Short Long Term Debt Total	-0.22		-0.03	-0.2	-0.23	0.06	-0.13	-0.23	-0.19	0.16	-0.56	0.03	-0.05	-0.48	0.1	-0.09	0.33	0.07	-0.27	-0.19	0.15	0.52	0.18	-0.06	-0.22	-0.16
Other Current Liab	0.41	-0.03		0.45	0.41	0.24	-0.13	0.4	0.42	0.19	0.37	0.37	0.34	0.31	0.36	0.16	0.52	0.19	0.71	0.41	0.4	0.46	0.27	0.68	0.35	0.44
Total Current Liabilities	1.0	-0.2	0.45		0.99	0.74	0.15	0.99	1.0	0.15	0.76	0.84	0.94	0.58	0.81	0.85	0.76	0.15	0.82	1.0	0.82	0.48	0.69	0.52	0.87	0.92
Total Stockholder Equity	1.0	-0.23	0.41	0.99		0.73	0.12	1.0	0.99	0.18	0.81	0.79	0.92	0.64	0.77	0.85	0.72	0.1	0.81	0.99	0.78	0.5	0.67	0.51	0.86	0.9
Property Plant And Equipment Net	0.75	0.06	0.24	0.74	0.73		0.31	0.74	0.74	0.24	0.38	0.88	0.86	0.21	0.91	0.93	0.75	0.31	0.4	0.79	0.88	0.48	0.52	0.44	0.86	0.87
Net Debt	0.14	-0.13	-0.13	0.15	0.12	0.31		0.1	0.16	-0.83	-0.14	0.45	0.3	-0.23	0.35	0.36	0.17	0.2	0.04	0.2	0.34	-0.29	0.35	-0.01	0.25	0.3
Retained Earnings	1.0	-0.23	0.4	0.99	1.0	0.74	0.1		0.98	0.2	0.8	0.8	0.92	0.62	0.78	0.86	0.73	0.09	0.78	0.99	0.79	0.49	0.68	0.49	0.87	0.9
Accounts Payable	0.99	-0.19	0.42	1.0	0.99	0.74	0.16	0.98		0.14	0.74	0.85	0.94	0.56	0.82	0.85	0.77	0.14	0.8	0.99	0.83	0.47	0.72	0.49	0.88	0.92
Cash	0.17	0.16	0.19	0.15	0.18	0.24	-0.83	0.2	0.14		0.24	0.0	0.11	0.24	0.13	0.12	0.2	-0.03	0.05	0.14	0.11	0.47	-0.12	0.17	0.2	0.13
Non Current Assets Total	0.79	-0.56	0.37	0.76	0.81	0.38	-0.14	0.8	0.74	0.24		0.34	0.53	0.84	0.31	0.49	0.26	-0.08	0.78	0.73	0.32	0.32	0.29	0.5	0.6	0.6
Non Currrent Assets Other	0.82	0.03	0.37	0.84	0.79	0.88	0.45	0.8	0.85	0.0	0.34		0.95	0.2	0.98	0.9	0.88	0.28	0.53	0.87	0.98	0.4	0.75	0.4	0.88	0.94
Cash And Short Term Investments	0.93	-0.05	0.34	0.94	0.92	0.86	0.3	0.92	0.94	0.11	0.53	0.95		0.36	0.94	0.95	0.83	0.26	0.65	0.96	0.92	0.44	0.7	0.43	0.89	0.93
Common Stock Shares Outstanding	0.61	-0.48	0.31	0.58	0.64	0.21	-0.23	0.62	0.56	0.24	0.84	0.2	0.36		0.17	0.3	0.13	-0.08	0.64	0.55	0.19	0.43	0.21	0.33	0.45	0.44
Short Term Investments	0.79	0.1	0.36	0.81	0.77	0.91	0.35	0.78	0.82	0.13	0.31	0.98	0.94	0.17		0.91	0.89	0.31	0.47	0.84	0.98	0.45	0.71	0.41	0.89	0.92
Non Current Liabilities Total	0.86	-0.09	0.16	0.85	0.85	0.93	0.36	0.86	0.85	0.12	0.49	0.9	0.95	0.3	0.91		0.72	0.24	0.47	0.89	0.86	0.34	0.59	0.34	0.88	0.88
Inventory	0.73	0.33	0.52	0.76	0.72	0.75	0.17	0.73	0.77	0.2	0.26	0.88	0.83	0.13	0.89	0.72		0.14	0.54	0.77	0.95	0.65	0.82	0.43	0.76	0.84
Other Current Assets	0.12	0.07	0.19	0.15	0.1	0.31	0.2	0.09	0.14	-0.03	-0.08	0.28	0.26	-0.08	0.31	0.24	0.14		0.17	0.17	0.23	0.06	-0.07	0.56	0.2	0.17
Other Stockholder Equity	0.8	-0.27	0.71	0.82	0.81	0.4	0.04	0.78	0.8	0.05	0.78	0.53	0.65	0.64	0.47	0.47	0.54	0.17		0.78	0.52	0.46	0.45	0.61	0.6	0.66
Total Liab	0.99	-0.19	0.41	1.0	0.99	0.79	0.2	0.99	0.99	0.14	0.73	0.87	0.96	0.55	0.84	0.89	0.77	0.17	0.78		0.85	0.47	0.69	0.5	0.89	0.93
Total Current Assets	0.8	0.15	0.4	0.82	0.78	0.88	0.34	0.79	0.83	0.11	0.32	0.98	0.92	0.19	0.98	0.86	0.95	0.23	0.52	0.85		0.53	0.8	0.41	0.88	0.94
Common Stock	0.49	0.52	0.46	0.48	0.5	0.48	-0.29	0.49	0.47	0.47	0.32	0.4	0.44	0.43	0.45	0.34	0.65	0.06	0.46	0.47	0.53		0.48	0.44	0.42	0.47
Net Receivables	0.68	0.18	0.27	0.69	0.67	0.52	0.35	0.68	0.72	-0.12	0.29	0.75	0.7	0.21	0.71	0.59	0.82	-0.07	0.45	0.69	0.8	0.48		0.23	0.65	0.75
Intangible Assets	0.51	-0.06	0.68	0.52	0.51	0.44	-0.01	0.49	0.49	0.17	0.5	0.4	0.43	0.33	0.41	0.34	0.43	0.56	0.61	0.5	0.41	0.44	0.23		0.43	0.48
Other Liab	0.87	-0.22	0.35	0.87	0.86	0.86	0.25	0.87	0.88	0.2	0.6	0.88	0.89	0.45	0.89	0.88	0.76	0.2	0.6	0.89	0.88	0.42	0.65	0.43		0.97
Net Tangible Assets	0.91	-0.16	0.44	0.92	0.9	0.87	0.3	0.9	0.92	0.13	0.6	0.94	0.93	0.44	0.92	0.88	0.84	0.17	0.66	0.93	0.94	0.47	0.75	0.48	0.97

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Abbott India Account Relationship Matchups

Abbott India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.5B	38.4B	42.2B	45.6B	51.9B	54.5B
Other Current Liab	248.8M	2.1B	2.5B	2.5B	2.7B	1.6B
Total Current Liabilities	8.9B	10.3B	12.0B	12.1B	13.4B	14.1B
Total Stockholder Equity	24.3B	26.0B	28.2B	31.9B	37.0B	38.8B
Property Plant And Equipment Net	2.7B	2.5B	2.6B	2.3B	2.3B	1.3B
Net Debt	297.5M	(656.9M)	189.8M	(1.3B)	(2.1B)	(2.0B)
Retained Earnings	19.3B	20.2B	21.6B	24.3B	28.2B	29.6B
Accounts Payable	6.6B	7.6B	8.9B	8.9B	10.0B	10.5B
Cash	1.5B	2.2B	1.3B	2.4B	2.9B	1.7B
Non Current Assets Total	3.4B	3.2B	3.7B	15.3B	19.5B	20.5B
Non Currrent Assets Other	20.7B	22.1B	27.3B	18.2B	18.8B	10.8B
Cash And Short Term Investments	21.9B	24.0B	27.4B	20.1B	21.2B	22.2B
Short Term Investments	20.5B	21.8B	26.0B	17.7B	18.3B	9.4B
Liabilities And Stockholders Equity	35.5B	38.4B	42.2B	45.6B	51.9B	54.5B
Non Current Liabilities Total	2.2B	2.1B	2.0B	1.6B	1.5B	1.6B
Inventory	5.3B	7.2B	6.9B	6.5B	6.2B	3.9B
Other Stockholder Equity	3.8M	5.6B	6.4B	7.4B	8.6B	9.0B
Total Liab	11.2B	12.4B	14.0B	13.7B	14.9B	15.7B
Total Current Assets	32.0B	35.2B	38.5B	30.3B	32.5B	16.7B
Accumulated Other Comprehensive Income	4.8B	5.6B	6.4B	7.4B	451M	428.5M
Net Receivables	4.8B	3.5B	4.0B	4.3B	4.6B	3.2B
Intangible Assets	9.0M	11.7M	86.3M	75.2M	66.6M	41.3M
Other Liab	754.3M	848.4M	897.5M	924M	1.1B	694.2M
Net Tangible Assets	20.1B	24.3B	26.0B	28.1B	32.3B	19.4B
Other Assets	707.3M	704.9M	994.2M	169.3M	194.7M	185.0M
Property Plant Equipment	2.7B	2.5B	2.6B	2.3B	2.7B	1.8B
Current Deferred Revenue	1.7B	2.0B	40.7M	47.1M	74M	70.3M
Short Term Debt	356.8M	349M	429.5M	456.8M	464.7M	252.1M
Long Term Debt Total	1.4B	1.2B	1.1B	674.9M	776.1M	680.6M
Cash And Equivalents	1.2B	24.1B	650M	1.8B	2.0B	1.9B
Net Invested Capital	24.3B	26.0B	28.2B	31.9B	37.0B	29.0B
Net Working Capital	23.1B	24.9B	26.5B	18.2B	19.0B	23.1B

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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.

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Abbott Total Current Assets vs Total Assets Analysis

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Assets

Abbott India fundamental ratios Correlations

Abbott India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Abbott India fundamental ratios Accounts

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Other Information on Investing in Abbott Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Cash	- 0.83	Net Debt
Non Current Assets Total	- 0.56	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.48	Short Long Term Debt Total
Common Stock	- 0.29	Net Debt
Other Stockholder Equity	- 0.27	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.23	Net Debt