Aditya Non Current Assets Total vs Short Long Term Debt Analysis

ABCAPITAL   193.81  0.50  0.26%   
Aditya Birla financial indicator trend analysis is way more than just evaluating Aditya Birla Capital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditya Birla Capital is a good investment. Please check the relationship between Aditya Birla Non Current Assets Total and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditya Birla Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Non Current Assets Total vs Short Long Term Debt

Non Current Assets Total vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Capital Non Current Assets Total account and Short Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Aditya Birla's Non Current Assets Total and Short Long Term Debt is 0.44. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Aditya Birla Capital, assuming nothing else is changed. The correlation between historical values of Aditya Birla's Non Current Assets Total and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Aditya Birla Capital are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Aditya Birla's Non Current Assets Total and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Aditya Birla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aditya Birla Capital 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 Aditya Birla Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Aditya Birla's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 31.1 B in 2024, whereas Tax Provision is likely to drop slightly above 6.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense34.9B47.3B76.3B40.2B
Depreciation And Amortization167.5B174.7B2.9B2.8B

Aditya Birla fundamental ratios Correlations

0.99-0.440.60.890.970.970.870.990.810.930.740.56-0.420.160.880.51-0.40.870.710.7-0.430.461.00.680.49
0.99-0.440.620.890.940.950.861.00.810.90.710.58-0.40.110.890.48-0.450.840.70.72-0.490.420.990.690.48
-0.44-0.44-0.85-0.68-0.31-0.31-0.69-0.44-0.77-0.35-0.17-0.880.690.6-0.66-0.090.2-0.31-0.66-0.840.08-0.62-0.43-0.82-0.13
0.60.62-0.850.790.460.440.730.630.850.410.180.99-0.38-0.640.760.08-0.170.510.540.98-0.270.610.60.910.54
0.890.89-0.680.790.810.830.990.890.970.840.660.77-0.62-0.061.00.45-0.480.730.830.89-0.490.60.890.870.35
0.970.94-0.310.460.810.990.80.930.680.930.820.41-0.340.310.80.66-0.330.930.620.57-0.370.390.970.550.51
0.970.95-0.310.440.830.990.830.940.70.950.860.4-0.420.330.830.69-0.440.880.680.57-0.470.350.970.570.39
0.870.86-0.690.730.990.80.830.860.950.850.730.74-0.71-0.020.990.51-0.510.710.860.85-0.50.570.860.860.23
0.991.0-0.440.630.890.930.940.860.820.890.690.6-0.390.080.890.44-0.430.830.70.73-0.480.430.990.70.49
0.810.81-0.770.850.970.680.70.950.820.750.490.84-0.66-0.210.970.25-0.450.60.840.92-0.410.670.80.890.3
0.930.9-0.350.410.840.930.950.850.890.750.790.37-0.570.380.840.6-0.430.760.770.54-0.440.530.930.540.25
0.740.71-0.170.180.660.820.860.730.690.490.790.18-0.460.490.680.85-0.40.780.540.36-0.450.140.740.450.09
0.560.58-0.880.990.770.410.40.740.60.840.370.18-0.43-0.680.760.08-0.220.440.560.98-0.310.570.560.920.44
-0.42-0.40.69-0.38-0.62-0.34-0.42-0.71-0.39-0.66-0.57-0.46-0.43-0.03-0.63-0.280.42-0.18-0.79-0.480.21-0.54-0.41-0.580.42
0.160.110.6-0.64-0.060.310.33-0.020.08-0.210.380.49-0.68-0.03-0.040.39-0.170.20.06-0.51-0.01-0.190.16-0.45-0.25
0.880.89-0.660.761.00.80.830.990.890.970.840.680.76-0.63-0.040.44-0.540.710.850.87-0.510.550.880.860.3
0.510.48-0.090.080.450.660.690.510.440.250.60.850.08-0.280.390.44-0.260.650.320.21-0.490.040.520.290.13
-0.4-0.450.2-0.17-0.48-0.33-0.44-0.51-0.43-0.45-0.43-0.4-0.220.42-0.17-0.54-0.26-0.14-0.73-0.320.590.11-0.39-0.220.29
0.870.84-0.310.510.730.930.880.710.830.60.760.780.44-0.180.20.710.65-0.140.430.58-0.210.340.880.570.66
0.710.7-0.660.540.830.620.680.860.70.840.770.540.56-0.790.060.850.32-0.730.430.66-0.370.490.70.59-0.08
0.70.72-0.840.980.890.570.570.850.730.920.540.360.98-0.48-0.510.870.21-0.320.580.66-0.390.580.70.950.46
-0.43-0.490.08-0.27-0.49-0.37-0.47-0.5-0.48-0.41-0.44-0.45-0.310.21-0.01-0.51-0.490.59-0.21-0.37-0.39-0.01-0.42-0.42-0.01
0.460.42-0.620.610.60.390.350.570.430.670.530.140.57-0.54-0.190.550.040.110.340.490.58-0.010.460.580.27
1.00.99-0.430.60.890.970.970.860.990.80.930.740.56-0.410.160.880.52-0.390.880.70.7-0.420.460.670.5
0.680.69-0.820.910.870.550.570.860.70.890.540.450.92-0.58-0.450.860.29-0.220.570.590.95-0.420.580.670.35
0.490.48-0.130.540.350.510.390.230.490.30.250.090.440.42-0.250.30.130.290.66-0.080.46-0.010.270.50.35
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Aditya Birla Account Relationship Matchups

Aditya Birla fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.2T1.4T1.8T2.3T1.2T
Short Long Term Debt Total560.6B530.4B648.0B847.4B1.1T587.6B
Other Current Liab(13.2B)(57.8B)(87.4B)80.6B(451.8B)(429.2B)
Total Current Liabilities13.2B52.4B87.4B109.2B662.8B695.9B
Total Stockholder Equity125.8B137.4B154.9B203.1B268.2B281.6B
Other Liab414.8B425.2B542.6B634.3B729.4B375.2B
Net Tangible Assets87.4B117.7B129.0B146.3B168.2B90.4B
Property Plant And Equipment Net4.3B4.4B4.7B5.5B8.3B8.7B
Net Debt531.5B506.9B563.7B830.1B1.1T564.1B
Retained Earnings29.4B38.5B51.8B95.9B147.9B155.3B
Accounts Payable11.8B20.3B23.7B26.8B25.7B14.7B
Cash28.3B23.6B20.5B17.3B15.5B14.9B
Non Current Assets Total12.4B12.9B13.4B13.1B3.0T3.1T
Non Currrent Assets Other(262.2B)(303.6B)(377.8B)(152.0B)(663.0B)(629.8B)
Other Assets1.1T1.2T1.4T1.8T(674.7B)(641.0B)
Long Term Debt555.8B526.7B580.5B843.2B1.1T1.2T
Cash And Short Term Investments104.0B125.4B139.4B17.3B35.8B59.9B
Net Receivables6.3B6.5B9.3B5.9B8.8B8.4B
Common Stock Shares Outstanding2.3B2.4B2.4B2.4B2.6B2.5B
Liabilities And Stockholders Equity1.1T1.2T1.4T1.8T2.3T1.2T
Non Current Liabilities Total380.2B349.5B370.5B550.2B2.0T2.1T
Other Current Assets(37.5B)(38.3B)(35.6B)(23.2B)(42.9B)(40.8B)
Other Stockholder Equity(62.4B)60.8B9.0B61.1B90.0B94.5B
Total Liab998.7B1.1T1.2T1.6T2.0T1.1T
Long Term Investments259.5B70.7B98.9B147.2B657.1B690.0B
Short Long Term Debt521.9M36.2B62.8B92.1B123.4B96.8B
Total Current Assets28.2B27.3B20.5B17.3B44.6B51.3B
Accumulated Other Comprehensive Income(987.9M)14.0B18.0B21.9B4.3B4.1B
Short Term Debt1.4B37.2B63.7B95.2B423.0B444.1B
Intangible Assets2.4B2.8B2.9B2.0B3.5B2.4B
Common Stock24.1B24.2B24.2B24.2B26.0B24.6B
Property Plant Equipment4.3B4.4B4.7B5.5B6.3B6.6B
Short Term Investments75.7B101.8B118.9B122.1B16.7B15.8B
Long Term Debt Total559.1B350.7B584.3B547.1B629.2B407.5B
Capital Surpluse60.6B60.8B60.9B61.1B70.3B50.7B
Inventory171.2B(44.7B)(66.3B)(92.5B)(106.4B)(111.7B)
Cash And Equivalents28.0B26.7B19.7B16.2B18.7B17.2B

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