Aditya Net Invested Capital vs Total Assets 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 Net Invested Capital and its Total Assets 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.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Real Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Aditya Birla's Net Invested Capital and Total Assets is 0.98. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets 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 Net Invested Capital 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 Net Invested Capital of Aditya Birla Real 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 Net Invested Capital i.e., Aditya Birla's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Aditya Birla 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 Aditya Birla Real 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 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

Interest Expense Interest Income

Aditya Birla fundamental ratios Correlations

	Total Assets	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	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		-0.45	0.93	0.93	-0.84	0.92	0.94	0.76	0.86	-0.63	0.89	0.72	0.05	-0.49	0.86	0.58	-0.84	0.99	0.59	1.0	0.98	0.54	0.19	0.99	-0.75	-0.94
Other Current Liab	-0.45		-0.28	-0.44	0.51	-0.3	-0.46	0.05	-0.57	0.54	-0.14	-0.61	0.84	0.4	-0.18	-0.53	0.28	-0.46	-0.61	-0.45	-0.4	-0.36	0.57	-0.45	0.51	0.37
Total Current Liabilities	0.93	-0.28		0.93	-0.75	0.75	0.98	0.91	0.66	-0.57	0.98	0.46	0.23	-0.43	0.7	0.25	-0.83	0.94	0.29	0.91	0.85	0.57	0.5	0.93	-0.61	-0.99
Total Stockholder Equity	0.93	-0.44	0.93		-0.93	0.76	0.97	0.86	0.84	-0.83	0.92	0.69	-0.03	-0.72	0.69	0.34	-0.96	0.9	0.54	0.89	0.88	0.8	0.25	0.89	-0.85	-0.97
Property Plant And Equipment Net	-0.84	0.51	-0.75	-0.93		-0.74	-0.83	-0.7	-0.94	0.94	-0.74	-0.86	0.22	0.88	-0.68	-0.47	0.96	-0.78	-0.77	-0.8	-0.85	-0.88	0.04	-0.78	0.98	0.82
Net Debt	0.92	-0.3	0.75	0.76	-0.74		0.73	0.59	0.87	-0.47	0.71	0.79	0.16	-0.37	0.99	0.78	-0.72	0.89	0.7	0.94	0.97	0.35	0.03	0.91	-0.71	-0.74
Retained Earnings	0.94	-0.46	0.98	0.97	-0.83	0.73		0.85	0.74	-0.69	0.94	0.56	0.01	-0.55	0.65	0.3	-0.86	0.94	0.4	0.91	0.86	0.67	0.34	0.93	-0.71	-0.99
Accounts Payable	0.76	0.05	0.91	0.86	-0.7	0.59	0.85		0.52	-0.58	0.97	0.31	0.43	-0.52	0.57	-0.03	-0.87	0.74	0.14	0.72	0.7	0.67	0.68	0.73	-0.58	-0.9
Cash	0.86	-0.57	0.66	0.84	-0.94	0.87	0.74	0.52		-0.81	0.62	0.97	-0.25	-0.74	0.82	0.74	-0.84	0.8	0.91	0.85	0.91	0.68	-0.24	0.82	-0.95	-0.71
Non Current Assets Total	-0.63	0.54	-0.57	-0.83	0.94	-0.47	-0.69	-0.58	-0.81		-0.58	-0.77	0.41	0.97	-0.4	-0.27	0.88	-0.56	-0.7	-0.57	-0.63	-0.97	0.13	-0.55	0.95	0.67
Non Currrent Assets Other	0.89	-0.14	0.98	0.92	-0.74	0.71	0.94	0.97	0.62	-0.58		0.41	0.33	-0.47	0.68	0.15	-0.87	0.88	0.24	0.86	0.81	0.62	0.59	0.87	-0.61	-0.97
Long Term Debt	0.72	-0.61	0.46	0.69	-0.86	0.79	0.56	0.31	0.97	-0.77	0.41		-0.39	-0.72	0.75	0.81	-0.71	0.65	0.98	0.72	0.81	0.6	-0.46	0.68	-0.92	-0.53
Net Receivables	0.05	0.84	0.23	-0.03	0.22	0.16	0.01	0.43	-0.25	0.41	0.33	-0.39		0.36	0.26	-0.28	-0.04	0.07	-0.47	0.07	0.07	-0.26	0.8	0.07	0.3	-0.11
Common Stock Shares Outstanding	-0.49	0.4	-0.43	-0.72	0.88	-0.37	-0.55	-0.52	-0.74	0.97	-0.47	-0.72	0.36		-0.32	-0.18	0.83	-0.4	-0.67	-0.42	-0.51	-0.97	0.15	-0.39	0.91	0.53
Short Term Investments	0.86	-0.18	0.7	0.69	-0.68	0.99	0.65	0.57	0.82	-0.4	0.68	0.75	0.26	-0.32		0.76	-0.68	0.84	0.66	0.89	0.94	0.29	0.06	0.86	-0.65	-0.67
Non Current Liabilities Total	0.58	-0.53	0.25	0.34	-0.47	0.78	0.3	-0.03	0.74	-0.27	0.15	0.81	-0.28	-0.18	0.76		-0.29	0.55	0.84	0.62	0.69	0.03	-0.57	0.59	-0.53	-0.26
Capital Lease Obligations	-0.84	0.28	-0.83	-0.96	0.96	-0.72	-0.86	-0.87	-0.84	0.88	-0.87	-0.71	-0.04	0.83	-0.68	-0.29		-0.78	-0.58	-0.79	-0.84	-0.88	-0.24	-0.78	0.91	0.88
Inventory	0.99	-0.46	0.94	0.9	-0.78	0.89	0.94	0.74	0.8	-0.56	0.88	0.65	0.07	-0.4	0.84	0.55	-0.78		0.52	0.99	0.95	0.47	0.22	1.0	-0.68	-0.94
Other Current Assets	0.59	-0.61	0.29	0.54	-0.77	0.7	0.4	0.14	0.91	-0.7	0.24	0.98	-0.47	-0.67	0.66	0.84	-0.58	0.52		0.59	0.7	0.51	-0.61	0.54	-0.85	-0.36
Total Liab	1.0	-0.45	0.91	0.89	-0.8	0.94	0.91	0.72	0.85	-0.57	0.86	0.72	0.07	-0.42	0.89	0.62	-0.79	0.99	0.59		0.98	0.47	0.16	1.0	-0.72	-0.91
Net Invested Capital	0.98	-0.4	0.85	0.88	-0.85	0.97	0.86	0.7	0.91	-0.63	0.81	0.81	0.07	-0.51	0.94	0.69	-0.84	0.95	0.7	0.98		0.52	0.08	0.96	-0.8	-0.86
Property Plant And Equipment Gross	0.54	-0.36	0.57	0.8	-0.88	0.35	0.67	0.67	0.68	-0.97	0.62	0.6	-0.26	-0.97	0.29	0.03	-0.88	0.47	0.51	0.47	0.52		0.07	0.46	-0.86	-0.66
Short Long Term Debt	0.19	0.57	0.5	0.25	0.04	0.03	0.34	0.68	-0.24	0.13	0.59	-0.46	0.8	0.15	0.06	-0.57	-0.24	0.22	-0.61	0.16	0.08	0.07		0.2	0.19	-0.42
Total Current Assets	0.99	-0.45	0.93	0.89	-0.78	0.91	0.93	0.73	0.82	-0.55	0.87	0.68	0.07	-0.39	0.86	0.59	-0.78	1.0	0.54	1.0	0.96	0.46	0.2		-0.69	-0.92
Capital Stock	-0.75	0.51	-0.61	-0.85	0.98	-0.71	-0.71	-0.58	-0.95	0.95	-0.61	-0.92	0.3	0.91	-0.65	-0.53	0.91	-0.68	-0.85	-0.72	-0.8	-0.86	0.19	-0.69		0.69
Non Current Liabilities Other	-0.94	0.37	-0.99	-0.97	0.82	-0.74	-0.99	-0.9	-0.71	0.67	-0.97	-0.53	-0.11	0.53	-0.67	-0.26	0.88	-0.94	-0.36	-0.91	-0.86	-0.66	-0.42	-0.92	0.69

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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.

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Aditya Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

Aditya Birla fundamental ratios Correlations

Aditya Birla Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Aditya Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Inventory
Total Current Assets	+ 1.0	Total Liab
Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Net Debt

Non Current Liabilities Other	- 0.99	Retained Earnings
Non Current Liabilities Other	- 0.99	Total Current Liabilities
Property Plant And Equipment Gross	- 0.97	Common Stock Shares Outstanding
Non Current Liabilities Other	- 0.97	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.97	Non Current Assets Total
Non Current Liabilities Other	- 0.97	Total Stockholder Equity