Andhra Other Stockholder Equity vs Short Term Investments 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 Other Stockholder Equity and its Short Term Investments 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.

Other Stockholder Equity vs Short Term Investments

Other Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andhra Sugars Other Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Andhra Sugars' Other Stockholder Equity and Short Term Investments is -0.38. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Term Investments 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' Other Stockholder Equity and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of The Andhra Sugars are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Other Stockholder Equity i.e., Andhra Sugars' Other Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Short Term Investments

Short Term Investments is an item under the current assets section of Andhra Sugars balance sheet. It contains any investments The Andhra Sugars undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Andhra Sugars can easily liquidate in the marketplace.
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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