Aditya Other Current Assets vs Inventory Analysis

ABREL Stock

1,847 44.25 2.34%

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 Other Current Assets and its Inventory 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.

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Real Other Current Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.

The correlation between Aditya Birla's Other Current Assets and Inventory is 0.68. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory 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 Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Aditya Birla Real are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Aditya Birla's Other Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Inventory

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 27th of February 2025, 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

	2022	2023	2024	2025 (projected)
Interest Expense	342.2M	355.1M	319.6M	385.2M
Interest Income	51.8M	310.4M	279.4M	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		-0.54	0.94	0.97	-0.89	0.96	0.97	0.81	0.88	-0.73	0.84	0.81	-0.1	-0.61	0.88	0.8	-0.87	0.99	0.73	1.0	0.99	0.8	0.02	1.0	-0.57	-0.89
Other Current Liab	-0.54		-0.41	-0.53	0.59	-0.44	-0.55	-0.13	-0.63	0.62	-0.25	-0.66	0.84	0.49	-0.45	-0.58	0.41	-0.55	-0.67	-0.54	-0.5	-0.48	0.58	-0.54	0.47	0.46
Total Current Liabilities	0.94	-0.41		0.93	-0.83	0.83	0.98	0.93	0.76	-0.68	0.97	0.63	0.08	-0.56	0.8	0.55	-0.88	0.95	0.52	0.93	0.88	0.73	0.33	0.94	-0.52	-0.98
Total Stockholder Equity	0.97	-0.53	0.93		-0.94	0.89	0.98	0.86	0.88	-0.84	0.85	0.8	-0.16	-0.75	0.89	0.71	-0.93	0.95	0.72	0.95	0.95	0.92	0.05	0.94	-0.71	-0.89
Property Plant And Equipment Net	-0.89	0.59	-0.83	-0.94		-0.84	-0.89	-0.78	-0.97	0.95	-0.78	-0.93	0.29	0.9	-0.96	-0.69	0.97	-0.86	-0.87	-0.87	-0.89	-0.9	0.13	-0.86	0.87	0.85
Net Debt	0.96	-0.44	0.83	0.89	-0.84		0.86	0.71	0.88	-0.64	0.73	0.83	-0.03	-0.54	0.89	0.9	-0.8	0.94	0.78	0.97	0.99	0.73	-0.09	0.95	-0.49	-0.76
Retained Earnings	0.97	-0.55	0.98	0.98	-0.89	0.86		0.88	0.82	-0.78	0.91	0.72	-0.11	-0.65	0.83	0.64	-0.9	0.97	0.62	0.95	0.92	0.83	0.16	0.96	-0.62	-0.96
Accounts Payable	0.81	-0.13	0.93	0.86	-0.78	0.71	0.88		0.66	-0.68	0.97	0.53	0.28	-0.62	0.76	0.34	-0.9	0.81	0.4	0.79	0.77	0.75	0.51	0.8	-0.6	-0.92
Cash	0.88	-0.63	0.76	0.88	-0.97	0.88	0.82	0.66		-0.89	0.69	0.98	-0.33	-0.84	0.98	0.8	-0.9	0.85	0.95	0.87	0.9	0.81	-0.28	0.86	-0.8	-0.77
Non Current Assets Total	-0.73	0.62	-0.68	-0.84	0.95	-0.64	-0.78	-0.68	-0.89		-0.65	-0.87	0.44	0.98	-0.87	-0.52	0.91	-0.69	-0.82	-0.7	-0.73	-0.9	0.19	-0.69	0.97	0.73
Non Currrent Assets Other	0.84	-0.25	0.97	0.85	-0.78	0.73	0.91	0.97	0.69	-0.65		0.55	0.23	-0.56	0.76	0.37	-0.88	0.86	0.42	0.83	0.78	0.65	0.48	0.85	-0.53	-0.98
Long Term Debt	0.81	-0.66	0.63	0.8	-0.93	0.83	0.72	0.53	0.98	-0.87	0.55		-0.43	-0.83	0.94	0.83	-0.83	0.76	0.99	0.8	0.85	0.78	-0.44	0.78	-0.8	-0.64
Net Receivables	-0.1	0.84	0.08	-0.16	0.29	-0.03	-0.11	0.28	-0.33	0.44	0.23	-0.43		0.4	-0.13	-0.32	0.06	-0.07	-0.5	-0.08	-0.1	-0.3	0.8	-0.07	0.4	-0.02
Common Stock Shares Outstanding	-0.61	0.49	-0.56	-0.75	0.9	-0.54	-0.65	-0.62	-0.84	0.98	-0.56	-0.83	0.4		-0.83	-0.43	0.86	-0.55	-0.79	-0.57	-0.63	-0.88	0.21	-0.55	1.0	0.62
Short Term Investments	0.88	-0.45	0.8	0.89	-0.96	0.89	0.83	0.76	0.98	-0.87	0.76	0.94	-0.13	-0.83		0.74	-0.95	0.85	0.89	0.87	0.91	0.81	-0.12	0.86	-0.79	-0.8
Non Current Liabilities Total	0.8	-0.58	0.55	0.71	-0.69	0.9	0.64	0.34	0.8	-0.52	0.37	0.83	-0.32	-0.43	0.74		-0.55	0.77	0.84	0.82	0.86	0.6	-0.48	0.79	-0.38	-0.47
Capital Lease Obligations	-0.87	0.41	-0.88	-0.93	0.97	-0.8	-0.9	-0.9	-0.9	0.91	-0.88	-0.83	0.06	0.86	-0.95	-0.55		-0.85	-0.74	-0.85	-0.86	-0.87	-0.12	-0.84	0.84	0.9
Inventory	0.99	-0.55	0.95	0.95	-0.86	0.94	0.97	0.81	0.85	-0.69	0.86	0.76	-0.07	-0.55	0.85	0.77	-0.85		0.68	1.0	0.97	0.74	0.07	1.0	-0.51	-0.91
Other Current Assets	0.73	-0.67	0.52	0.72	-0.87	0.78	0.62	0.4	0.95	-0.82	0.42	0.99	-0.5	-0.79	0.89	0.84	-0.74	0.68		0.72	0.78	0.72	-0.57	0.7	-0.76	-0.53
Total Liab	1.0	-0.54	0.93	0.95	-0.87	0.97	0.95	0.79	0.87	-0.7	0.83	0.8	-0.08	-0.57	0.87	0.82	-0.85	1.0	0.72		0.99	0.76	0.01	1.0	-0.53	-0.88
Net Invested Capital	0.99	-0.5	0.88	0.95	-0.89	0.99	0.92	0.77	0.9	-0.73	0.78	0.85	-0.1	-0.63	0.91	0.86	-0.86	0.97	0.78	0.99		0.81	-0.06	0.98	-0.58	-0.82
Property Plant And Equipment Gross	0.8	-0.48	0.73	0.92	-0.9	0.73	0.83	0.75	0.81	-0.9	0.65	0.78	-0.3	-0.88	0.81	0.6	-0.87	0.74	0.72	0.76	0.81		-0.08	0.75	-0.86	-0.7
Short Long Term Debt	0.02	0.58	0.33	0.05	0.13	-0.09	0.16	0.51	-0.28	0.19	0.48	-0.44	0.8	0.21	-0.12	-0.48	-0.12	0.07	-0.57	0.01	-0.06	-0.08		0.04	0.2	-0.31
Total Current Assets	1.0	-0.54	0.94	0.94	-0.86	0.95	0.96	0.8	0.86	-0.69	0.85	0.78	-0.07	-0.55	0.86	0.79	-0.84	1.0	0.7	1.0	0.98	0.75	0.04		-0.51	-0.9
Capital Stock	-0.57	0.47	-0.52	-0.71	0.87	-0.49	-0.62	-0.6	-0.8	0.97	-0.53	-0.8	0.4	1.0	-0.79	-0.38	0.84	-0.51	-0.76	-0.53	-0.58	-0.86	0.2	-0.51		0.58
Non Current Liabilities Other	-0.89	0.46	-0.98	-0.89	0.85	-0.76	-0.96	-0.92	-0.77	0.73	-0.98	-0.64	-0.02	0.62	-0.8	-0.47	0.9	-0.91	-0.53	-0.88	-0.82	-0.7	-0.31	-0.9	0.58

Click cells to compare fundamentals

Aditya Birla Account Relationship Matchups

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Aditya Other Current Assets vs Inventory Analysis

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

Correlation Coefficient

Other Current Assets

Inventory

Aditya Birla fundamental ratios Correlations

Aditya Birla Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Other Information on Investing in Aditya Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Total Liab	+ 1.0	Inventory
Total Current Assets	+ 1.0	Inventory
Total Current Assets	+ 1.0	Total Liab

Non Current Liabilities Other	- 0.98	Non Currrent Assets Other
Non Current Liabilities Other	- 0.98	Total Current Liabilities
Cash	- 0.97	Property Plant And Equipment Net
Non Current Liabilities Other	- 0.96	Retained Earnings
Short Term Investments	- 0.96	Property Plant And Equipment Net
Capital Lease Obligations	- 0.95	Short Term Investments