Agarwal Good Will vs Net Receivables Analysis

AGARIND Stock   980.05  0.60  0.06%   
Agarwal Industrial financial indicator trend analysis is way more than just evaluating Agarwal Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agarwal Industrial is a good investment. Please check the relationship between Agarwal Industrial Good Will and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agarwal Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Good Will vs Net Receivables

Good Will vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agarwal Industrial Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Agarwal Industrial's Good Will and Net Receivables is 0.74. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Agarwal Industrial, assuming nothing else is changed. The correlation between historical values of Agarwal Industrial's Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Agarwal Industrial are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Agarwal Industrial's Good Will and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Net Receivables

Most indicators from Agarwal Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agarwal Industrial 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 Agarwal Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, Agarwal Industrial's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit1.6B1.7B2.0B2.1B
Total Revenue20.2B21.3B24.4B25.7B

Agarwal Industrial fundamental ratios Correlations

0.760.72-0.10.750.790.710.710.760.70.690.710.080.730.820.660.780.340.880.720.810.990.830.670.750.84
0.760.990.011.01.00.990.981.00.980.90.99-0.270.990.980.980.990.10.911.00.990.760.780.960.950.87
0.720.990.120.990.970.981.00.980.950.890.98-0.250.980.970.980.950.030.860.990.980.720.720.950.980.84
-0.10.010.120.03-0.030.020.13-0.02-0.070.080.02-0.080.040.010.08-0.09-0.19-0.110.05-0.01-0.1-0.21-0.030.15-0.1
0.751.00.990.030.990.990.990.990.980.880.99-0.260.980.980.980.980.070.891.00.990.750.750.960.960.86
0.791.00.97-0.030.990.980.961.00.970.90.98-0.240.980.980.960.990.170.940.991.00.80.80.950.950.89
0.710.990.980.020.990.980.980.990.990.891.0-0.340.990.950.990.980.030.861.00.970.710.760.970.940.83
0.710.981.00.130.990.960.980.970.950.860.98-0.220.970.970.980.950.010.850.990.970.710.690.940.980.82
0.761.00.98-0.020.991.00.990.970.980.910.99-0.290.990.970.980.990.110.910.990.990.770.80.960.940.87
0.70.980.95-0.070.980.970.990.950.980.850.99-0.350.960.930.980.980.020.850.980.960.70.770.950.890.81
0.690.90.890.080.880.90.890.860.910.850.89-0.440.950.860.890.890.190.830.890.90.70.80.880.860.82
0.710.990.980.020.990.981.00.980.990.990.89-0.340.990.950.990.980.030.861.00.980.710.770.970.940.83
0.08-0.27-0.25-0.08-0.26-0.24-0.34-0.22-0.29-0.35-0.44-0.34-0.34-0.1-0.37-0.250.280.0-0.3-0.180.09-0.32-0.33-0.12-0.05
0.730.990.980.040.980.980.990.970.990.960.950.99-0.340.950.980.970.10.880.990.980.740.80.970.950.86
0.820.980.970.010.980.980.950.970.970.930.860.95-0.10.950.920.960.190.950.970.990.830.740.910.970.91
0.660.980.980.080.980.960.990.980.980.980.890.99-0.370.980.920.96-0.040.810.990.950.660.730.950.920.78
0.780.990.95-0.090.980.990.980.950.990.980.890.98-0.250.970.960.960.160.930.980.990.790.810.930.910.88
0.340.10.03-0.190.070.170.030.010.110.020.190.030.280.10.19-0.040.160.410.040.170.370.20.050.10.38
0.880.910.86-0.110.890.940.860.850.910.850.830.860.00.880.950.810.930.410.870.950.90.780.840.890.93
0.721.00.990.051.00.991.00.990.990.980.891.0-0.30.990.970.990.980.040.870.980.730.750.960.950.84
0.810.990.98-0.010.991.00.970.970.990.960.90.98-0.180.980.990.950.990.170.950.980.810.780.940.960.9
0.990.760.72-0.10.750.80.710.710.770.70.70.710.090.740.830.660.790.370.90.730.810.840.690.750.82
0.830.780.72-0.210.750.80.760.690.80.770.80.77-0.320.80.740.730.810.20.780.750.780.840.810.670.75
0.670.960.95-0.030.960.950.970.940.960.950.880.97-0.330.970.910.950.930.050.840.960.940.690.810.90.79
0.750.950.980.150.960.950.940.980.940.890.860.94-0.120.950.970.920.910.10.890.950.960.750.670.90.86
0.840.870.84-0.10.860.890.830.820.870.810.820.83-0.050.860.910.780.880.380.930.840.90.820.750.790.86
Click cells to compare fundamentals

Agarwal Industrial Account Relationship Matchups

Agarwal Industrial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.0B5.4B7.5B11.2B12.9B13.5B
Short Long Term Debt Total1.5B1.7B1.6B3.6B4.1B4.4B
Other Current Liab93.5M23.6M(33.6M)51.4M59.1M38.4M
Total Current Liabilities1.4B1.9B2.6B4.3B4.9B5.2B
Total Stockholder Equity2.0B2.9B4.0B5.1B5.9B6.2B
Property Plant And Equipment Net1.6B2.2B3.4B5.8B6.7B7.1B
Net Debt1.2B1.2B1.3B3.2B3.7B3.8B
Retained Earnings1.3B1.9B2.8B3.9B4.4B4.7B
Accounts Payable335.9M551.6M1.6B2.2B2.5B2.6B
Cash319.2M463.8M293.1M427.0M491.1M515.7M
Non Current Assets Total1.6B2.3B3.5B5.9B6.8B7.2B
Non Currrent Assets Other12.3M19.9M20.5M7.2M8.3M7.9M
Cash And Short Term Investments382.6M624.7M591.3M980.1M1.1B1.2B
Net Receivables1.4B1.8B2.1B2.9B3.4B3.5B
Liabilities And Stockholders Equity4.0B5.4B7.5B11.2B12.9B13.5B
Non Current Liabilities Total602.2M554.3M874.3M1.8B2.1B2.2B
Inventory477.2M653.6M1.2B1.3B1.5B1.5B
Other Current Assets90.3M124.8M127.4M42.0M48.3M69.0M
Other Stockholder Equity558.1M898.8M1.1B968.4M1.1B1.2B
Total Liab2.0B2.5B3.5B6.1B7.0B7.4B
Total Current Assets2.3B3.1B4.0B5.3B6.1B6.4B
Accumulated Other Comprehensive Income37.1M96.9M110.7M140.4M161.4M169.5M
Current Deferred Revenue(98K)120.9M101.1M186.8M214.8M225.5M
Short Term Debt936.4M1.2B744.8M1.8B2.1B2.2B
Other Assets9.6M9.5M19.9M20.5M23.6M24.8M
Other Liab46.0M47.3M42.3M43.6M50.1M35.8M
Net Tangible Assets1.3B1.6B1.9B2.9B3.3B3.5B
Long Term Debt413.3M314.4M687.5M1.7B1.9B2.0B
Short Term Investments2.8M160.8M298.2M552.6M635.5M667.3M
Short Long Term Debt811.3M1.2B687.3M1.8B2.0B2.1B
Property Plant Equipment550.6M1.0B1.6B2.2B2.5B2.6B
Long Term Debt Total49.5M18.5M559.9M510.7M587.3M616.7M
Net Invested Capital3.2B4.4B5.4B8.6B9.8B10.3B
Net Working Capital954.7M1.2B1.4B994.8M1.1B1.1B
Property Plant And Equipment Gross2.0B2.7B3.4B5.8B6.7B7.1B

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Other Information on Investing in Agarwal Stock

Balance Sheet is a snapshot of the financial position of Agarwal Industrial at a specified time, usually calculated after every quarter, six months, or one year. Agarwal Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Agarwal Industrial 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 Agarwal currently owns. An asset can also be divided into two categories, current and non-current.