Aditya Property Plant And Equipment Net vs Cash Analysis

ABSLAMC Stock   865.20  9.75  1.11%   
Aditya Birla financial indicator trend analysis is way more than just evaluating Aditya Birla Sun prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditya Birla Sun is a good investment. Please check the relationship between Aditya Birla Property Plant And Equipment Net and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditya Birla Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Property Plant And Equipment Net vs Cash

Property Plant And Equipment Net vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Sun Property Plant And Equipment Net account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aditya Birla's Property Plant And Equipment Net and Cash is 0.78. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash in the same time period over historical financial statements of Aditya Birla Sun, assuming nothing else is changed. The correlation between historical values of Aditya Birla's Property Plant And Equipment Net and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Aditya Birla Sun are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Net i.e., Aditya Birla's Property Plant And Equipment Net and Cash go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash

Cash refers to the most liquid asset of Aditya Birla Sun, which is listed under current asset account on Aditya Birla Sun balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Aditya Birla customers. The amounts must be unrestricted with restricted cash listed in a different Aditya Birla account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Sun 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 Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 30, 2024, Selling General Administrative is expected to decline to about 62.2 M. In addition to that, Tax Provision is expected to decline to about 2.2 B
 2021 2022 2023 2024 (projected)
Gross Profit10.9B9.3B12.7B8.9B
Total Revenue12.9B12.3B16.4B11.3B

Aditya Birla fundamental ratios Correlations

0.810.030.420.920.580.770.95-0.030.550.340.620.520.740.250.360.740.670.74-0.25-0.160.80.290.040.880.5
0.810.040.430.850.890.890.870.310.760.390.550.160.830.460.020.820.340.590.03-0.180.70.60.240.620.86
0.030.040.84-0.11-0.04-0.1-0.06-0.250.23-0.56-0.070.260.390.380.270.390.130.03-0.230.530.370.26-0.17-0.270.05
0.420.430.840.210.240.310.28-0.070.42-0.460.040.520.590.340.510.590.480.23-0.40.440.720.260.10.070.31
0.920.85-0.110.210.740.751.00.150.650.620.740.160.790.42-0.040.790.330.750.12-0.370.610.550.020.870.66
0.580.89-0.040.240.740.730.720.490.780.60.44-0.20.680.6-0.310.680.010.380.34-0.380.540.770.190.460.96
0.770.89-0.10.310.750.730.770.40.380.30.650.340.660.320.160.660.460.71-0.220.050.640.340.30.580.62
0.950.87-0.060.281.00.720.770.110.650.560.720.240.80.40.050.80.410.750.03-0.310.670.510.030.870.65
-0.030.31-0.25-0.070.150.490.40.110.060.360.24-0.410.110.5-0.470.11-0.330.120.36-0.120.00.370.34-0.050.41
0.550.760.230.420.650.780.380.650.060.380.18-0.150.730.48-0.190.720.020.170.39-0.460.520.740.070.430.88
0.340.39-0.56-0.460.620.60.30.560.360.380.38-0.50.160.4-0.590.16-0.240.20.58-0.80.070.43-0.150.520.51
0.620.55-0.070.040.740.440.650.720.240.180.380.090.70.35-0.170.710.080.960.110.060.210.50.060.60.3
0.520.160.260.520.16-0.20.340.24-0.41-0.15-0.50.090.17-0.340.960.180.940.37-0.890.50.6-0.460.060.35-0.27
0.740.830.390.590.790.680.660.80.110.730.160.70.170.5-0.011.00.20.740.10.050.570.760.170.530.69
0.250.460.380.340.420.60.320.40.50.480.40.35-0.340.5-0.430.5-0.210.240.35-0.130.370.67-0.190.070.56
0.360.020.270.51-0.04-0.310.160.05-0.47-0.19-0.59-0.170.96-0.01-0.43-0.010.910.12-0.910.470.54-0.590.050.2-0.34
0.740.820.390.590.790.680.660.80.110.720.160.710.181.00.5-0.010.20.750.090.060.570.750.170.530.69
0.670.340.130.480.330.010.460.41-0.330.02-0.240.080.940.2-0.210.910.20.34-0.840.260.76-0.40.00.49-0.08
0.740.590.030.230.750.380.710.750.120.170.20.960.370.740.240.120.750.34-0.140.20.380.380.120.660.24
-0.250.03-0.23-0.40.120.34-0.220.030.360.390.580.11-0.890.10.35-0.910.09-0.84-0.14-0.65-0.470.63-0.020.00.42
-0.16-0.180.530.44-0.37-0.380.05-0.31-0.12-0.46-0.80.060.50.05-0.130.470.060.260.2-0.650.05-0.240.12-0.46-0.41
0.80.70.370.720.610.540.640.670.00.520.070.210.60.570.370.540.570.760.38-0.470.050.2-0.020.520.47
0.290.60.260.260.550.770.340.510.370.740.430.5-0.460.760.67-0.590.75-0.40.380.63-0.240.20.120.210.8
0.040.24-0.170.10.020.190.30.030.340.07-0.150.060.060.17-0.190.050.170.00.12-0.020.12-0.020.120.010.23
0.880.62-0.270.070.870.460.580.87-0.050.430.520.60.350.530.070.20.530.490.660.0-0.460.520.210.010.36
0.50.860.050.310.660.960.620.650.410.880.510.3-0.270.690.56-0.340.69-0.080.240.42-0.410.470.80.230.36
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Aditya Birla Account Relationship Matchups

Aditya Birla fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B19.8B24.3B27.9B35.0B36.8B
Short Long Term Debt Total620.8M593.1M543.7M480.3M790.9M830.4M
Other Current Liab917.1M1.3B971.2M(126.2M)951.6M676.2M
Total Current Liabilities1.6B2.2B1.8B588.7M1.8B1.5B
Total Stockholder Equity13.2B17.0B22.0B25.2B31.7B33.3B
Property Plant And Equipment Net739.2M638.8M637.9M624.9M1.0B527.2M
Net Debt154.8M27.8M(108.8M)144.3M399.9M419.9M
Retained Earnings12.8B16.7B19.9B22.7B29.1B30.5B
Accounts Payable474.0M373.9M304.1M482M576.2M469.1M
Cash466.1M565.3M652.5M336.1M391M389.9M
Non Current Assets Total3.2B2.8B8.8B25.9B14.1B8.8B
Non Currrent Assets Other403.9M43.8M20.8M1.0B20.1B21.1B
Cash And Short Term Investments11.3B16.1B14.3B1.3B19.8B20.8B
Net Receivables404.6M309.5M261.6M254.5M407.3M351.5M
Short Term Investments10.8B15.5B13.7B930.3M19.4B20.4B
Liabilities And Stockholders Equity15.7B19.8B24.3B27.9B35.0B36.8B
Non Current Liabilities Total979.0M595.7M605.2M2.1B1.6B1.7B
Inventory273.6M143.6M300.9M(263.6M)10.8B11.4B
Other Current Assets536.8M1.2B7.4B1.1B1.1B1.1B
Total Liab2.6B2.8B2.4B2.7B3.3B2.2B
Total Current Assets12.5B17.1B15.5B1.9B21.0B12.0B
Accumulated Other Comprehensive Income149.9M151.8M654.6M1.0B1.1B1.4B
Intangible Assets132.5M142.9M112.1M98.1M122M116.5M
Short Term Debt180.6M226.7M205.3M126.1M193.3M128.2M
Good Will153.9M142.8M79.6M68.4M263.5M142.7M
Current Deferred Revenue883.5M1.5B1.1B(394.5M)(193.3M)(183.6M)
Capital Lease Obligations620.8M593.1M543.7M480.3M790.9M499.7M
Net Invested Capital13.2B17.0B22.0B25.2B31.7B22.2B
Non Current Liabilities Other1.6M1.6M249.1M377.0M205.5M153.3M
Net Working Capital10.9B14.9B1.2B1.3B821.6M780.5M

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Other Information on Investing in Aditya Stock

Balance Sheet is a snapshot of the financial position of Aditya Birla Sun 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.