Ambica Total Revenue vs Total Current Assets 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 Total Revenue and its Total Current Assets 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.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambica Agarbathies Aroma Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ambica Agarbathies' Total Revenue and Total Current Assets is 0.24. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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' Total Revenue and Total Current 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 Total Revenue of Ambica Agarbathies Aroma are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Ambica Agarbathies' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Ambica Agarbathies Aroma 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.