Ambica Selling General Administrative vs Total Current Liabilities Analysis

AMBICAAGAR   29.73  0.71  2.45%   
Ambica Agarbathies financial indicator trend analysis is way more than just evaluating Ambica Agarbathies Aroma prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambica Agarbathies Aroma is a good investment. Please check the relationship between Ambica Agarbathies Selling General Administrative and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambica Agarbathies Aroma Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ambica Agarbathies' Selling General Administrative and Total Current Liabilities is -0.09. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ambica Agarbathies Aroma, assuming nothing else is changed. The correlation between historical values of Ambica Agarbathies' Selling General Administrative 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 Selling General Administrative of Ambica Agarbathies Aroma 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 Selling General Administrative i.e., Ambica Agarbathies' Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Ambica Agarbathies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ambica Agarbathies Aroma 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 Ambica Agarbathies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambica Agarbathies Aroma 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 Ambica Agarbathies Aroma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Selling General Administrative is expected to grow to about 206.1 M
 2021 2022 2023 2024 (projected)
Interest Expense117.0M78.4M97.2M80.9M
Depreciation And Amortization32.6M18.4M16.9M24.5M

Ambica Agarbathies fundamental ratios Correlations

0.410.73-0.360.310.310.30.860.2-0.810.40.02-0.180.110.22-0.090.290.030.560.290.850.220.36-0.170.180.08
0.410.730.44-0.440.980.980.650.45-0.090.97-0.360.230.680.9-0.670.070.410.950.680.50.610.47-0.810.310.61
0.730.73-0.21-0.120.620.70.950.56-0.340.76-0.08-0.090.220.67-0.50.220.080.870.350.690.270.36-0.460.240.19
-0.360.44-0.21-0.580.560.46-0.28-0.10.320.35-0.30.610.650.46-0.44-0.090.280.210.53-0.170.360.28-0.64-0.080.58
0.31-0.44-0.12-0.58-0.49-0.580.07-0.39-0.54-0.50.35-0.37-0.25-0.750.720.03-0.08-0.31-0.060.180.090.090.790.17-0.42
0.310.980.620.56-0.490.970.530.42-0.030.95-0.390.330.720.88-0.690.040.40.880.690.420.580.46-0.830.330.68
0.30.980.70.46-0.580.970.560.560.080.98-0.390.260.620.94-0.760.060.360.910.560.380.480.37-0.850.320.61
0.860.650.95-0.280.070.530.560.4-0.610.64-0.03-0.120.230.51-0.330.170.070.790.390.790.290.34-0.320.170.21
0.20.450.56-0.1-0.390.420.560.40.20.590.130.03-0.060.53-0.690.16-0.170.46-0.160.17-0.13-0.11-0.340.40.12
-0.81-0.09-0.340.32-0.54-0.030.08-0.610.2-0.01-0.130.15-0.090.15-0.24-0.130.03-0.19-0.3-0.71-0.18-0.23-0.130.05-0.09
0.40.970.760.35-0.50.950.980.640.59-0.01-0.370.180.590.92-0.710.00.380.940.480.430.490.32-0.80.360.6
0.02-0.36-0.08-0.30.35-0.39-0.39-0.030.13-0.13-0.37-0.02-0.31-0.370.020.16-0.69-0.26-0.180.02-0.160.210.4-0.02-0.51
-0.180.23-0.090.61-0.370.330.26-0.120.030.150.18-0.020.580.23-0.48-0.22-0.110.040.29-0.2-0.190.22-0.280.070.46
0.110.680.220.65-0.250.720.620.23-0.06-0.090.59-0.310.580.52-0.3-0.450.510.550.650.010.570.39-0.550.110.83
0.220.90.670.46-0.750.880.940.510.530.150.92-0.370.230.52-0.810.070.310.860.460.320.380.27-0.920.080.54
-0.09-0.67-0.5-0.440.72-0.69-0.76-0.33-0.69-0.24-0.710.02-0.48-0.3-0.81-0.250.08-0.6-0.29-0.23-0.04-0.220.73-0.21-0.31
0.290.070.22-0.090.030.040.060.170.16-0.130.00.16-0.22-0.450.07-0.25-0.340.120.270.580.00.43-0.160.02-0.48
0.030.410.080.28-0.080.40.360.07-0.170.030.38-0.69-0.110.510.310.08-0.340.390.32-0.040.63-0.15-0.330.060.43
0.560.950.870.21-0.310.880.910.790.46-0.190.94-0.260.040.550.86-0.60.120.390.610.590.610.45-0.730.250.45
0.290.680.350.53-0.060.690.560.39-0.16-0.30.48-0.180.290.650.46-0.290.270.320.610.510.710.73-0.530.020.4
0.850.50.69-0.170.180.420.380.790.17-0.710.430.02-0.20.010.32-0.230.58-0.040.590.510.330.51-0.290.17-0.06
0.220.610.270.360.090.580.480.29-0.13-0.180.49-0.16-0.190.570.38-0.040.00.630.610.710.330.49-0.410.140.31
0.360.470.360.280.090.460.370.34-0.11-0.230.320.210.220.390.27-0.220.43-0.150.450.730.510.49-0.340.190.03
-0.17-0.81-0.46-0.640.79-0.83-0.85-0.32-0.34-0.13-0.80.4-0.28-0.55-0.920.73-0.16-0.33-0.73-0.53-0.29-0.41-0.340.05-0.57
0.180.310.24-0.080.170.330.320.170.40.050.36-0.020.070.110.08-0.210.020.060.250.020.170.140.190.050.05
0.080.610.190.58-0.420.680.610.210.12-0.090.6-0.510.460.830.54-0.31-0.480.430.450.4-0.060.310.03-0.570.05
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Ambica Agarbathies Account Relationship Matchups

Ambica Agarbathies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.1B2.2B2.0B2.1B1.6B
Short Long Term Debt Total658.7M691.4M635.8M628.2M673.2M659.2M
Other Current Liab58.0M60.2M77.7M110.6M71.4M44.1M
Total Current Liabilities147.2M204.0M343.6M151.4M203.1M276.9M
Total Stockholder Equity971.8M1.0B1.0B1.0B1.0B674.2M
Property Plant And Equipment Net1.3B1.2B1.2B1.2B1.2B906.8M
Net Debt625.1M665.9M619.5M617.0M658.9M612.2M
Retained Earnings125.6M154.2M178.1M203.2M233.7M224.0M
Cash33.6M25.5M16.2M11.2M14.3M13.6M
Non Current Assets Total1.5B1.5B1.5B1.4B1.4B1.1B
Non Currrent Assets Other(1.3B)(1.0)60.7M53.9M49.2M51.6M
Cash And Short Term Investments33.6M25.5M16.2M428.0M14.3M13.6M
Net Receivables339.1M442.6M556.5M613.8M94.1M89.4M
Liabilities And Stockholders Equity2.0B2.1B2.2B2.0B2.1B1.6B
Non Current Liabilities Total924.3M910.7M823.4M837.2M896.7M691.3M
Inventory135.6M135.9M131.0M25.4M55.6M101.6M
Other Current Assets3.4M(1.0)10.4M32.5M580.4M609.5M
Other Stockholder Equity674.5M24.8M674.5M26.2M30.1M28.6M
Total Liab1.1B1.1B1.2B988.7M1.1B968.2M
Total Current Assets511.7M604.0M714.1M682.9M744.4M534.9M
Accounts Payable88.8M137.3M249.0M40.5M131.8M78.2M
Current Deferred Revenue(415.9K)66.3M40.6M53.2M61.2M64.2M
Intangible Assets172.7K151.4K130.1K151K152K158.3K

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Other Information on Investing in Ambica Stock

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