Andhra Good Will vs Property Plant And Equipment Net Analysis

ANDHRSUGAR   100.09  0.41  0.41%   
Andhra Sugars financial indicator trend analysis is way more than just evaluating Andhra Sugars prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Andhra Sugars is a good investment. Please check the relationship between Andhra Sugars Good Will and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Andhra Sugars. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andhra Sugars Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Andhra Sugars' Good Will and Property Plant And Equipment Net is 0.49. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of The Andhra Sugars, assuming nothing else is changed. The correlation between historical values of Andhra Sugars' Good Will and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of The Andhra Sugars are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Andhra Sugars' Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Andhra Sugars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Andhra Sugars 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 The Andhra Sugars. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to gain to about 1.7 B in 2024, whereas Tax Provision is likely to drop slightly above 135.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit8.9B11.6B4.6B6.7B
Total Revenue19.5B23.7B18.9B13.9B

Andhra Sugars fundamental ratios Correlations

-0.54-0.51-0.420.970.92-0.54-0.210.95-0.290.9-0.190.650.03-0.650.740.67-0.3-0.70.88-0.030.89-0.1-0.710.910.87
-0.54-0.20.32-0.6-0.621.00.63-0.51-0.24-0.420.27-0.42-0.410.88-0.48-0.84-0.230.76-0.480.4-0.50.390.49-0.64-0.57
-0.51-0.20.49-0.49-0.45-0.19-0.23-0.540.36-0.520.09-0.220.0-0.05-0.22-0.140.440.32-0.370.0-0.47-0.220.52-0.47-0.47
-0.420.320.49-0.55-0.620.310.37-0.60.14-0.60.80.18-0.210.150.07-0.520.330.8-0.070.2-0.62-0.040.71-0.71-0.6
0.97-0.6-0.49-0.550.95-0.6-0.320.96-0.260.92-0.360.51-0.03-0.70.680.74-0.23-0.820.820.030.92-0.13-0.720.960.9
0.92-0.62-0.45-0.620.95-0.63-0.290.96-0.170.87-0.430.490.06-0.650.520.69-0.3-0.830.67-0.060.870.0-0.790.940.85
-0.541.0-0.190.31-0.6-0.630.58-0.51-0.23-0.410.25-0.45-0.420.88-0.5-0.82-0.20.75-0.490.42-0.490.340.5-0.64-0.55
-0.210.63-0.230.37-0.32-0.290.58-0.24-0.3-0.310.440.11-0.160.49-0.04-0.74-0.480.56-0.130.16-0.420.760.21-0.41-0.47
0.95-0.51-0.54-0.60.960.96-0.51-0.24-0.170.88-0.350.530.04-0.550.510.64-0.32-0.750.69-0.030.870.01-0.80.930.89
-0.29-0.240.360.14-0.26-0.17-0.23-0.3-0.17-0.490.180.00.18-0.04-0.39-0.020.550.07-0.41-0.18-0.43-0.310.11-0.23-0.11
0.9-0.42-0.52-0.60.920.87-0.41-0.310.88-0.49-0.470.34-0.02-0.510.60.67-0.44-0.730.770.030.99-0.13-0.670.90.86
-0.190.270.090.8-0.36-0.430.250.44-0.350.18-0.470.460.070.130.14-0.440.210.640.09-0.08-0.50.040.39-0.47-0.45
0.65-0.42-0.220.180.510.49-0.450.110.530.00.340.460.3-0.520.650.31-0.09-0.190.69-0.30.330.0-0.510.370.41
0.03-0.410.0-0.21-0.030.06-0.42-0.160.040.18-0.020.070.3-0.110.010.33-0.17-0.220.01-1.00.05-0.08-0.430.110.11
-0.650.88-0.050.15-0.7-0.650.880.49-0.55-0.04-0.510.13-0.52-0.11-0.69-0.82-0.280.72-0.690.12-0.560.360.41-0.65-0.61
0.74-0.48-0.220.070.680.52-0.5-0.040.51-0.390.60.140.650.01-0.690.51-0.17-0.370.95-0.010.58-0.25-0.310.540.52
0.67-0.84-0.14-0.520.740.69-0.82-0.740.64-0.020.67-0.440.310.33-0.820.510.16-0.860.59-0.330.75-0.48-0.590.780.81
-0.3-0.230.440.33-0.23-0.3-0.2-0.48-0.320.55-0.440.21-0.09-0.17-0.28-0.170.160.06-0.210.17-0.38-0.420.38-0.25-0.18
-0.70.760.320.8-0.82-0.830.750.56-0.750.07-0.730.64-0.19-0.220.72-0.37-0.860.06-0.480.21-0.780.190.75-0.89-0.79
0.88-0.48-0.37-0.070.820.67-0.49-0.130.69-0.410.770.090.690.01-0.690.950.59-0.21-0.48-0.010.75-0.25-0.440.70.68
-0.030.40.00.20.03-0.060.420.16-0.03-0.180.03-0.08-0.3-1.00.12-0.01-0.330.170.21-0.01-0.050.080.43-0.11-0.1
0.89-0.5-0.47-0.620.920.87-0.49-0.420.87-0.430.99-0.50.330.05-0.560.580.75-0.38-0.780.75-0.05-0.22-0.690.920.88
-0.10.39-0.22-0.04-0.130.00.340.760.01-0.31-0.130.040.0-0.080.36-0.25-0.48-0.420.19-0.250.08-0.22-0.06-0.11-0.28
-0.710.490.520.71-0.72-0.790.50.21-0.80.11-0.670.39-0.51-0.430.41-0.31-0.590.380.75-0.440.43-0.69-0.06-0.75-0.75
0.91-0.64-0.47-0.710.960.94-0.64-0.410.93-0.230.9-0.470.370.11-0.650.540.78-0.25-0.890.7-0.110.92-0.11-0.750.88
0.87-0.57-0.47-0.60.90.85-0.55-0.470.89-0.110.86-0.450.410.11-0.610.520.81-0.18-0.790.68-0.10.88-0.28-0.750.88
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Andhra Sugars Account Relationship Matchups

Andhra Sugars fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.1B18.8B20.4B20.3B20.8B16.8B
Short Long Term Debt Total2.7B1.6B568.3M236.1M309.7M294.2M
Other Current Liab215.3M754.1M819.3M1.1B833.9M1.1B
Total Current Liabilities2.7B2.7B2.3B2.0B2.1B2.3B
Total Stockholder Equity11.5B13.0B15.2B15.4B15.8B9.3B
Property Plant And Equipment Net7.4B7.7B7.8B9.3B9.9B7.3B
Net Debt2.3B1.5B398.7M154.3M53.5M50.8M
Cash375.0M165.8M169.6M81.8M256.2M211.3M
Non Current Assets Total9.4B10.0B11.2B11.6B12.4B9.3B
Non Currrent Assets Other(9.0B)(9.6B)444.2M157.2M1.4B1.4B
Cash And Short Term Investments1.7B1.9B1.6B1.9B1.7B914.0M
Net Receivables2.6B2.2B2.4B2.3B1.9B2.7B
Liabilities And Stockholders Equity18.1B18.8B20.4B20.3B20.8B16.8B
Non Current Liabilities Total3.0B2.2B2.0B2.0B1.8B2.7B
Inventory4.4B4.2B4.7B4.1B4.3B3.8B
Other Current Assets4.7M475.2M477.3M420.4M370.9M389.5M
Other Stockholder Equity(11.4B)8.9B10.0B10.0B158.3M150.4M
Total Liab5.7B4.9B4.3B4.0B3.9B4.9B
Total Current Assets8.7B8.8B9.2B8.7B8.3B7.5B
Accumulated Other Comprehensive Income(2.8B)8.7B9.9B9.8B10.8B11.4B
Short Term Investments1.3B1.7B1.4B1.8B1.5B862.4M
Intangible Assets7.1M3.9M726K24K6.5M4.1M
Current Deferred Revenue695.3M629.2M738.5M538.5M1.00.95
Retained Earnings3.5B3.8B4.9B5.1B4.6B3.4B
Accounts Payable514.8M827.9M914.5M717.9M968.7M607.6M
Short Term Debt1.2B1.1B464.2M199.4M302.2M287.1M
Other Liab1.7B1.7B1.9B1.9B2.2B2.0B
Net Tangible Assets11.5B13.0B15.2B15.4B17.7B11.7B
Other Assets1K2K(34.7M)390.0M1.00.95
Long Term Debt1.4B495.3M84.9M35.7M5.6M5.3M
Short Long Term Debt1.2B1.1B460.3M196.2M298.8M283.8M
Property Plant Equipment7.4B7.7B7.8B9.3B10.7B7.8B
Long Term Debt Total1.4B495.3M86.2M36.7M33.0M31.4M
Non Current Liabilities Other444.3M565.1M4.6M4.4M4.5M4.2M
Net Invested Capital14.2B14.6B15.7B15.6B16.1B16.2B
Cash And Equivalents106.0M39.8M384.2M74.4M85.5M129.7M
Net Working Capital6.0B6.1B6.9B6.7B6.2B6.5B

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