Aristocrat Non Currrent Assets Other vs Total Current Liabilities Analysis

ALL Stock   67.06  0.09  0.13%   
Aristocrat Leisure financial indicator trend analysis is way more than just evaluating Aristocrat Leisure prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aristocrat Leisure is a good investment. Please check the relationship between Aristocrat Leisure Non Currrent Assets Other and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aristocrat Leisure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Total Current Liabilities

Non Currrent Assets Other vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aristocrat Leisure Non Currrent Assets Other account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Aristocrat Leisure's Non Currrent Assets Other and Total Current Liabilities is -0.84. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Aristocrat Leisure, assuming nothing else is changed. The correlation between historical values of Aristocrat Leisure's Non Currrent Assets Other and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Aristocrat Leisure are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Currrent Assets Other i.e., Aristocrat Leisure's Non Currrent Assets Other and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Current Liabilities

Total Current Liabilities is an item on Aristocrat Leisure balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Aristocrat Leisure are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Aristocrat Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aristocrat Leisure 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 Aristocrat Leisure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Aristocrat Leisure's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 35.9 M in 2024, whereas Tax Provision is likely to drop slightly above 204.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.4B4.0B4.2B
Total Revenue5.6B6.3B7.2B7.6B

Aristocrat Leisure fundamental ratios Correlations

0.870.890.990.970.990.95-0.20.970.920.950.99-0.890.950.930.970.720.610.870.960.770.920.940.980.780.89
0.870.930.870.720.860.820.290.740.730.720.92-0.730.710.760.940.760.661.00.720.590.990.680.750.590.69
0.890.930.930.780.890.920.160.780.860.740.93-0.660.740.870.960.80.690.910.810.510.960.740.80.750.77
0.990.870.930.950.990.97-0.170.950.950.930.98-0.840.930.950.970.760.630.860.960.720.920.930.960.820.89
0.970.720.780.950.960.92-0.440.990.920.990.93-0.90.990.920.880.620.530.720.980.80.790.991.00.790.9
0.990.860.890.990.960.96-0.190.960.940.940.99-0.870.940.950.960.730.620.860.960.780.920.930.970.780.87
0.950.820.920.970.920.96-0.160.910.960.870.95-0.760.870.960.950.690.610.810.950.680.880.890.920.870.86
-0.20.290.16-0.17-0.44-0.19-0.16-0.42-0.25-0.46-0.080.36-0.46-0.220.030.160.150.28-0.38-0.320.19-0.49-0.4-0.25-0.33
0.970.740.780.950.990.960.91-0.420.90.990.93-0.920.990.910.880.590.50.740.970.780.810.980.990.750.85
0.920.730.860.950.920.940.96-0.250.90.850.9-0.690.860.970.890.690.580.720.970.670.810.890.90.840.85
0.950.720.740.930.990.940.87-0.460.990.850.91-0.951.00.860.850.590.50.720.940.780.780.990.990.720.88
0.990.920.930.980.930.990.95-0.080.930.90.91-0.860.910.910.990.750.640.920.930.760.960.90.940.760.86
-0.89-0.73-0.66-0.84-0.9-0.87-0.760.36-0.92-0.69-0.95-0.86-0.94-0.71-0.8-0.5-0.45-0.74-0.81-0.78-0.77-0.89-0.92-0.58-0.76
0.950.710.740.930.990.940.87-0.460.990.861.00.91-0.940.860.850.590.50.720.940.780.780.990.990.720.88
0.930.760.870.950.920.950.96-0.220.910.970.860.91-0.710.860.90.730.640.740.960.680.830.880.910.810.86
0.970.940.960.970.880.960.950.030.880.890.850.99-0.80.850.90.750.630.940.890.690.980.850.90.780.83
0.720.760.80.760.620.730.690.160.590.690.590.75-0.50.590.730.750.830.750.660.510.780.570.650.580.78
0.610.660.690.630.530.620.610.150.50.580.50.64-0.450.50.640.630.830.650.550.420.670.490.550.390.67
0.871.00.910.860.720.860.810.280.740.720.720.92-0.740.720.740.940.750.650.710.60.990.680.750.560.68
0.960.720.810.960.980.960.95-0.380.970.970.940.93-0.810.940.960.890.660.550.710.790.80.950.970.830.9
0.770.590.510.720.80.780.68-0.320.780.670.780.76-0.780.780.680.690.510.420.60.790.630.730.780.570.76
0.920.990.960.920.790.920.880.190.810.810.780.96-0.770.780.830.980.780.670.990.80.630.760.820.660.75
0.940.680.740.930.990.930.89-0.490.980.890.990.9-0.890.990.880.850.570.490.680.950.730.760.990.760.87
0.980.750.80.961.00.970.92-0.40.990.90.990.94-0.920.990.910.90.650.550.750.970.780.820.990.760.9
0.780.590.750.820.790.780.87-0.250.750.840.720.76-0.580.720.810.780.580.390.560.830.570.660.760.760.78
0.890.690.770.890.90.870.86-0.330.850.850.880.86-0.760.880.860.830.780.670.680.90.760.750.870.90.78
Click cells to compare fundamentals

Aristocrat Leisure Account Relationship Matchups

Aristocrat Leisure fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B8.7B10.1B10.9B12.6B13.2B
Short Long Term Debt Total3.5B3.5B2.8B2.7B3.1B3.2B
Other Current Liab581.3M737.9M717.2M730.6M840.2M882.2M
Total Current Liabilities1.0B1.2B1.3B1.5B1.8B1.8B
Total Stockholder Equity3.2B3.9B6.0B6.7B7.7B8.1B
Property Plant And Equipment Net531.5M484.6M549.9M682.8M785.2M824.5M
Current Deferred Revenue99.5M112.2M159.5M182.2M209.5M220.0M
Net Debt1.8B1.1B(236.2M)(469.1M)(539.5M)(512.5M)
Retained Earnings2.6B3.2B3.8B4.9B5.6B5.9B
Accounts Payable121.2M150.7M196.7M304.6M350.3M367.8M
Cash1.7B2.4B3.0B3.2B3.6B3.8B
Non Current Assets Total5.3B5.4B5.9B6.4B7.3B7.7B
Non Currrent Assets Other(2.8B)(2.8B)(3.2B)(3.3B)(2.9B)(2.8B)
Cash And Short Term Investments1.7B2.4B3.0B3.2B3.7B3.8B
Net Receivables529.9M574.7M702.4M994.8M1.1B1.2B
Good Will2.8B2.8B3.2B3.3B3.8B4.0B
Common Stock Shares Outstanding640.5M640.5M666.4M656.8M755.3M582.0M
Liabilities And Stockholders Equity7.9B8.7B10.1B10.9B12.6B13.2B
Non Current Liabilities Total3.7B3.6B2.8B2.7B3.1B3.2B
Inventory160.2M159.2M249.7M309M355.4M373.1M
Other Stockholder Equity1.0657.3M(58.5M)554.9M638.1M670.0M
Total Liab4.7B4.8B4.1B4.2B4.8B5.1B
Property Plant And Equipment Gross531.5M1.4B1.7B1.9B2.1B2.2B
Total Current Assets2.5B3.3B4.2B4.5B5.2B5.5B
Accumulated Other Comprehensive Income(121.6M)(58.5M)547.8M579.4M666.3M699.6M
Short Term Debt50.3M57.1M155.9M163.6M188.1M197.5M
Intangible Assets3.6B3.5B3.9B725.1M833.9M698.3M
Other Liab310.9M120.8M125.9M151.9M174.7M93.3M
Other Assets204.5M1.3B1.3B1.01.151.09
Long Term Debt3.2B3.2B2.4B2.2B2.6B2.7B
Other Current Assets143.5M126.2M183.8M56.7M65.2M51.6M
Property Plant Equipment431.2M531.5M484.6M549.9M632.4M664.0M
Short Term Investments6.7M7M8.3M8.6M9.9M7.1M
Deferred Long Term Liab46.7M48.1M44M43.5M50.0M30.0M
Long Term Investments7.9M11.2M27.3M31.5M36.2M38.0M
Net Tangible Assets(1.8B)(388.6M)351.2M2.2B2.5B2.6B
Long Term Debt Total2.8B3.5B3.5B2.6B3.0B2.7B

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