AksharChem Long Term Debt vs Total Assets Analysis

AKSHARCHEM   300.90  6.80  2.31%   
AksharChem India financial indicator trend analysis is way more than just evaluating AksharChem India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AksharChem India is a good investment. Please check the relationship between AksharChem India Long Term Debt and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AksharChem India Limited. 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.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AksharChem India Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between AksharChem India's Long Term Debt and Total Assets is 0.27. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of AksharChem India Limited, assuming nothing else is changed. The correlation between historical values of AksharChem India's Long Term Debt 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 Long Term Debt of AksharChem India Limited 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 Long Term Debt i.e., AksharChem India's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt

Long-term debt is a debt that AksharChem India has held for over one year. Long-term debt appears on AksharChem India Limited 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 AksharChem India Limited 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.

Total Assets

Total assets refers to the total amount of AksharChem India 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 AksharChem India 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 AksharChem India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AksharChem India 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 AksharChem India Limited. 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 25, 2024, Selling General Administrative is expected to decline to about 34 M. In addition to that, Tax Provision is expected to decline to about 29.6 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses1.1B740.7M527.6M444.7M
Cost Of Revenue2.4B2.6B2.6B1.6B

AksharChem India fundamental ratios Correlations

0.370.430.750.990.870.310.990.740.010.990.10.150.90.660.880.540.00.820.950.910.450.120.170.520.9
0.370.040.640.250.560.970.30.41-0.180.36-0.1-0.130.290.850.62-0.130.320.720.360.360.530.060.750.20.55
0.430.040.340.440.16-0.170.410.40.560.360.780.790.40.190.320.090.660.320.550.380.090.03-0.33-0.120.26
0.750.640.340.650.640.590.670.750.090.720.140.090.790.590.710.040.290.950.770.830.710.230.610.320.67
0.990.250.440.650.850.190.990.690.020.980.110.180.880.590.850.63-0.080.710.930.880.360.090.040.530.87
0.870.560.160.640.850.570.860.7-0.320.9-0.22-0.20.720.810.980.48-0.060.740.730.740.29-0.090.270.720.94
0.310.97-0.170.590.190.570.250.39-0.350.33-0.32-0.350.220.820.59-0.140.180.680.250.280.480.010.80.310.53
0.990.30.410.670.990.860.250.670.020.980.070.150.870.620.860.59-0.060.740.930.870.390.140.090.560.9
0.740.410.40.750.690.70.390.67-0.330.770.0-0.120.690.570.770.230.190.770.630.710.24-0.390.220.490.67
0.01-0.180.560.090.02-0.32-0.350.02-0.33-0.110.790.880.16-0.24-0.24-0.150.46-0.020.260.120.370.71-0.16-0.47-0.2
0.990.360.360.720.980.90.330.980.77-0.11-0.020.030.860.670.90.54-0.040.80.890.870.360.020.180.60.92
0.1-0.10.780.140.11-0.22-0.320.070.00.79-0.020.940.26-0.1-0.09-0.020.520.050.340.240.230.31-0.33-0.57-0.12
0.15-0.130.790.090.18-0.2-0.350.15-0.120.880.030.940.25-0.1-0.080.040.480.030.390.230.230.43-0.34-0.53-0.06
0.90.290.40.790.880.720.220.870.690.160.860.260.250.460.730.440.010.740.920.980.610.220.170.370.69
0.660.850.190.590.590.810.820.620.57-0.240.67-0.1-0.10.460.840.20.20.780.580.50.42-0.020.450.40.81
0.880.620.320.710.850.980.590.860.77-0.240.9-0.09-0.080.730.840.420.090.80.770.750.32-0.10.270.650.93
0.54-0.130.090.040.630.48-0.140.590.23-0.150.54-0.020.040.440.20.42-0.560.120.510.41-0.08-0.04-0.260.470.39
0.00.320.660.29-0.08-0.060.18-0.060.190.46-0.040.520.480.010.20.09-0.560.260.070.030.090.00.08-0.250.02
0.820.720.320.950.710.740.680.740.77-0.020.80.050.030.740.780.80.120.260.790.790.660.170.610.380.79
0.950.360.550.770.930.730.250.930.630.260.890.340.390.920.580.770.510.070.790.910.60.310.150.330.78
0.910.360.380.830.880.740.280.870.710.120.870.240.230.980.50.750.410.030.790.910.60.180.260.320.75
0.450.530.090.710.360.290.480.390.240.370.360.230.230.610.420.32-0.080.090.660.60.60.660.57-0.050.32
0.120.060.030.230.09-0.090.010.14-0.390.710.020.310.430.22-0.02-0.1-0.040.00.170.310.180.660.22-0.180.0
0.170.75-0.330.610.040.270.80.090.22-0.160.18-0.33-0.340.170.450.27-0.260.080.610.150.260.570.220.160.3
0.520.2-0.120.320.530.720.310.560.49-0.470.6-0.57-0.530.370.40.650.47-0.250.380.330.32-0.05-0.180.160.54
0.90.550.260.670.870.940.530.90.67-0.20.92-0.12-0.060.690.810.930.390.020.790.780.750.320.00.30.54
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AksharChem India Account Relationship Matchups

AksharChem India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.6B4.1B3.7B3.8B2.2B
Short Long Term Debt Total127.6M147.9M502.7M246.3M518.2M544.1M
Other Current Liab860K74.4M77.2M54.0M40.3M40.6M
Total Current Liabilities439.3M602.1M856.5M519.7M819.6M499.9M
Total Stockholder Equity2.7B2.8B2.8B2.8B2.6B1.5B
Property Plant And Equipment Net2.0B2.4B2.5B2.4B2.5B2.6B
Net Debt125.4M133.5M501.3M244.8M492.3M516.9M
Retained Earnings1.6B1.7B1.9B1.8B1.7B951.0M
Accounts Payable252.7M379.5M501.3M383.1M435.2M278.1M
Cash2.2M14.4M1.4M1.5M1.6M1.5M
Non Current Assets Total2.0B2.4B2.5B2.5B2.5B1.3B
Non Currrent Assets Other582.3M(11K)(3K)36.4M43.7M77.9M
Cash And Short Term Investments4.7M16.0M3.8M17.8M26.0M24.7M
Liabilities And Stockholders Equity3.2B3.6B4.1B3.7B3.8B2.2B
Non Current Liabilities Total136.9M165.6M406.0M349.2M393.5M413.2M
Inventory422.6M579.6M724.8M593.4M648.6M681.0M
Other Current Assets773.0M218.2M232.5M183.6M144.0M175.8M
Other Stockholder Equity(1.9B)(2.0B)959.5M583.9M671.5M705.1M
Total Liab576.2M767.8M1.3B868.8M1.2B682.4M
Total Current Assets1.2B1.1B1.5B1.2B1.3B912.8M
Accumulated Other Comprehensive Income(465.4M)277.2M277.9M276.1M276.0M289.8M
Net Receivables336.7M312.9M548.6M374.4M483.6M443.6M
Current Deferred Revenue58.1M11.6M46.2M25.0M521K495.0K
Short Term Debt127.6M147.9M273.2M75.6M339.4M182.4M
Intangible Assets3.7M4.4M4.0M3.0M2.2M3.0M
Other Liab136.9M165.6M181.0M184.2M211.8M156.5M
Net Tangible Assets2.6B2.8B2.8B2.8B3.2B2.5B
Other Assets114.7M62.5M61.5M55.0M63.2M85.6M
Short Term Investments2.5M1.6M2.4M16.3M19.4M18.5M
Short Long Term Debt127.6M147.9M277.7M81.3M343.5M360.7M
Property Plant Equipment1.9B2.3B2.5B2.4B2.8B1.8B
Net Invested Capital2.8B2.9B3.3B3.0B3.1B3.2B
Net Working Capital760.9M539.6M669.4M649.1M482.6M552.5M

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Other Information on Investing in AksharChem Stock

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