AksharChem Net Debt vs Total Revenue 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 Net Debt and its Total Revenue 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.

Net Debt vs Total Revenue

Net Debt vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AksharChem India Net Debt account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between AksharChem India's Net Debt and Total Revenue is 0.35. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Revenue 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 Net Debt and Total Revenue 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 Debt of AksharChem India Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Debt i.e., AksharChem India's Net Debt and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Revenue

Total revenue comprises all receipts AksharChem India generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.