Aditya Common Stock Shares Outstanding vs Long Term Debt Analysis
ABREL Stock | 2,753 19.75 0.72% |
Aditya Birla financial indicator trend analysis is way more than just evaluating Aditya Birla Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditya Birla Real is a good investment. Please check the relationship between Aditya Birla Common Stock Shares Outstanding and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditya Birla Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Common Stock Shares Outstanding vs Long Term Debt
Common Stock Shares Outstanding vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Real Common Stock Shares Outstanding account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Aditya Birla's Common Stock Shares Outstanding and Long Term Debt is -0.72. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Aditya Birla Real, assuming nothing else is changed. The correlation between historical values of Aditya Birla's Common Stock Shares Outstanding and 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 Common Stock Shares Outstanding of Aditya Birla Real are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Aditya Birla's Common Stock Shares Outstanding and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.72 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Long Term Debt
Long-term debt is a debt that Aditya Birla Real has held for over one year. Long-term debt appears on Aditya Birla Real balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Aditya Birla Real balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.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 Real 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 Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. As of the 29th of November 2024, Tax Provision is likely to drop to about 1 B. In addition to that, Selling General Administrative is likely to drop to about 1.1 B
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 521.8M | 342.2M | 355.1M | 385.2M | Interest Income | 66.7M | 51.8M | 310.4M | 158.8M |
Aditya Birla fundamental ratios Correlations
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Aditya Birla Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Aditya Stock
Balance Sheet is a snapshot of the financial position of Aditya Birla Real at a specified time, usually calculated after every quarter, six months, or one year. Aditya Birla Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aditya Birla 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 Aditya currently owns. An asset can also be divided into two categories, current and non-current.