Andhra Short Term Debt vs Non Current Assets Total 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 Short Term Debt and its Non Current Assets Total 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.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andhra Sugars Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Andhra Sugars' Short Term Debt and Non Current Assets Total is -0.41. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total 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' Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of The Andhra Sugars are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., Andhra Sugars' Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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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