Andhra Total Current Liabilities vs Net Receivables 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 Total Current Liabilities and its Net Receivables 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.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Andhra Sugars Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Andhra Sugars' Total Current Liabilities and Net Receivables is 0.8. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables 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' Total Current Liabilities and Net Receivables 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 Current Liabilities of The Andhra Sugars are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Andhra Sugars' Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

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Total Current Liabilities

Total Current Liabilities is an item on Andhra Sugars balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Andhra Sugars 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.

Net Receivables

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 Profit	8.9B	11.6B	4.6B	6.7B
Total Revenue	19.5B	23.7B	18.9B	13.9B

Gross Profit Total Revenue

Andhra Sugars fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable
Total Assets		-0.54	-0.51	-0.42	0.97	0.92	-0.54	-0.21	0.95	-0.29	0.9	-0.19	0.65	0.03	-0.65	0.74	0.67	-0.3	-0.7	0.88	-0.03	0.89	-0.1	-0.71	0.91	0.87
Short Long Term Debt Total	-0.54		-0.2	0.32	-0.6	-0.62	1.0	0.63	-0.51	-0.24	-0.42	0.27	-0.42	-0.41	0.88	-0.48	-0.84	-0.23	0.76	-0.48	0.4	-0.5	0.39	0.49	-0.64	-0.57
Other Current Liab	-0.51	-0.2		0.49	-0.49	-0.45	-0.19	-0.23	-0.54	0.36	-0.52	0.09	-0.22	0.0	-0.05	-0.22	-0.14	0.44	0.32	-0.37	0.0	-0.47	-0.22	0.52	-0.47	-0.47
Total Current Liabilities	-0.42	0.32	0.49		-0.55	-0.62	0.31	0.37	-0.6	0.14	-0.6	0.8	0.18	-0.21	0.15	0.07	-0.52	0.33	0.8	-0.07	0.2	-0.62	-0.04	0.71	-0.71	-0.6
Total Stockholder Equity	0.97	-0.6	-0.49	-0.55		0.95	-0.6	-0.32	0.96	-0.26	0.92	-0.36	0.51	-0.03	-0.7	0.68	0.74	-0.23	-0.82	0.82	0.03	0.92	-0.13	-0.72	0.96	0.9
Property Plant And Equipment Net	0.92	-0.62	-0.45	-0.62	0.95		-0.63	-0.29	0.96	-0.17	0.87	-0.43	0.49	0.06	-0.65	0.52	0.69	-0.3	-0.83	0.67	-0.06	0.87	0.0	-0.79	0.94	0.85
Net Debt	-0.54	1.0	-0.19	0.31	-0.6	-0.63		0.58	-0.51	-0.23	-0.41	0.25	-0.45	-0.42	0.88	-0.5	-0.82	-0.2	0.75	-0.49	0.42	-0.49	0.34	0.5	-0.64	-0.55
Cash	-0.21	0.63	-0.23	0.37	-0.32	-0.29	0.58		-0.24	-0.3	-0.31	0.44	0.11	-0.16	0.49	-0.04	-0.74	-0.48	0.56	-0.13	0.16	-0.42	0.76	0.21	-0.41	-0.47
Non Current Assets Total	0.95	-0.51	-0.54	-0.6	0.96	0.96	-0.51	-0.24		-0.17	0.88	-0.35	0.53	0.04	-0.55	0.51	0.64	-0.32	-0.75	0.69	-0.03	0.87	0.01	-0.8	0.93	0.89
Non Currrent Assets Other	-0.29	-0.24	0.36	0.14	-0.26	-0.17	-0.23	-0.3	-0.17		-0.49	0.18	0.0	0.18	-0.04	-0.39	-0.02	0.55	0.07	-0.41	-0.18	-0.43	-0.31	0.11	-0.23	-0.11
Cash And Short Term Investments	0.9	-0.42	-0.52	-0.6	0.92	0.87	-0.41	-0.31	0.88	-0.49		-0.47	0.34	-0.02	-0.51	0.6	0.67	-0.44	-0.73	0.77	0.03	0.99	-0.13	-0.67	0.9	0.86
Net Receivables	-0.19	0.27	0.09	0.8	-0.36	-0.43	0.25	0.44	-0.35	0.18	-0.47		0.46	0.07	0.13	0.14	-0.44	0.21	0.64	0.09	-0.08	-0.5	0.04	0.39	-0.47	-0.45
Good Will	0.65	-0.42	-0.22	0.18	0.51	0.49	-0.45	0.11	0.53	0.0	0.34	0.46		0.3	-0.52	0.65	0.31	-0.09	-0.19	0.69	-0.3	0.33	0.0	-0.51	0.37	0.41
Common Stock Shares Outstanding	0.03	-0.41	0.0	-0.21	-0.03	0.06	-0.42	-0.16	0.04	0.18	-0.02	0.07	0.3		-0.11	0.01	0.33	-0.17	-0.22	0.01	-1.0	0.05	-0.08	-0.43	0.11	0.11
Non Current Liabilities Total	-0.65	0.88	-0.05	0.15	-0.7	-0.65	0.88	0.49	-0.55	-0.04	-0.51	0.13	-0.52	-0.11		-0.69	-0.82	-0.28	0.72	-0.69	0.12	-0.56	0.36	0.41	-0.65	-0.61
Inventory	0.74	-0.48	-0.22	0.07	0.68	0.52	-0.5	-0.04	0.51	-0.39	0.6	0.14	0.65	0.01	-0.69		0.51	-0.17	-0.37	0.95	-0.01	0.58	-0.25	-0.31	0.54	0.52
Other Current Assets	0.67	-0.84	-0.14	-0.52	0.74	0.69	-0.82	-0.74	0.64	-0.02	0.67	-0.44	0.31	0.33	-0.82	0.51		0.16	-0.86	0.59	-0.33	0.75	-0.48	-0.59	0.78	0.81
Other Stockholder Equity	-0.3	-0.23	0.44	0.33	-0.23	-0.3	-0.2	-0.48	-0.32	0.55	-0.44	0.21	-0.09	-0.17	-0.28	-0.17	0.16		0.06	-0.21	0.17	-0.38	-0.42	0.38	-0.25	-0.18
Total Liab	-0.7	0.76	0.32	0.8	-0.82	-0.83	0.75	0.56	-0.75	0.07	-0.73	0.64	-0.19	-0.22	0.72	-0.37	-0.86	0.06		-0.48	0.21	-0.78	0.19	0.75	-0.89	-0.79
Total Current Assets	0.88	-0.48	-0.37	-0.07	0.82	0.67	-0.49	-0.13	0.69	-0.41	0.77	0.09	0.69	0.01	-0.69	0.95	0.59	-0.21	-0.48		-0.01	0.75	-0.25	-0.44	0.7	0.68
Common Stock	-0.03	0.4	0.0	0.2	0.03	-0.06	0.42	0.16	-0.03	-0.18	0.03	-0.08	-0.3	-1.0	0.12	-0.01	-0.33	0.17	0.21	-0.01		-0.05	0.08	0.43	-0.11	-0.1
Short Term Investments	0.89	-0.5	-0.47	-0.62	0.92	0.87	-0.49	-0.42	0.87	-0.43	0.99	-0.5	0.33	0.05	-0.56	0.58	0.75	-0.38	-0.78	0.75	-0.05		-0.22	-0.69	0.92	0.88
Intangible Assets	-0.1	0.39	-0.22	-0.04	-0.13	0.0	0.34	0.76	0.01	-0.31	-0.13	0.04	0.0	-0.08	0.36	-0.25	-0.48	-0.42	0.19	-0.25	0.08	-0.22		-0.06	-0.11	-0.28
Current Deferred Revenue	-0.71	0.49	0.52	0.71	-0.72	-0.79	0.5	0.21	-0.8	0.11	-0.67	0.39	-0.51	-0.43	0.41	-0.31	-0.59	0.38	0.75	-0.44	0.43	-0.69	-0.06		-0.75	-0.75
Retained Earnings	0.91	-0.64	-0.47	-0.71	0.96	0.94	-0.64	-0.41	0.93	-0.23	0.9	-0.47	0.37	0.11	-0.65	0.54	0.78	-0.25	-0.89	0.7	-0.11	0.92	-0.11	-0.75		0.88
Accounts Payable	0.87	-0.57	-0.47	-0.6	0.9	0.85	-0.55	-0.47	0.89	-0.11	0.86	-0.45	0.41	0.11	-0.61	0.52	0.81	-0.18	-0.79	0.68	-0.1	0.88	-0.28	-0.75	0.88

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Andhra Sugars Account Relationship Matchups

Andhra Sugars fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.1B	18.8B	20.4B	20.3B	20.8B	16.8B
Short Long Term Debt Total	2.7B	1.6B	568.3M	236.1M	309.7M	294.2M
Other Current Liab	215.3M	754.1M	819.3M	1.1B	833.9M	1.1B
Total Current Liabilities	2.7B	2.7B	2.3B	2.0B	2.1B	2.3B
Total Stockholder Equity	11.5B	13.0B	15.2B	15.4B	15.8B	9.3B
Property Plant And Equipment Net	7.4B	7.7B	7.8B	9.3B	9.9B	7.3B
Net Debt	2.3B	1.5B	398.7M	154.3M	53.5M	50.8M
Cash	375.0M	165.8M	169.6M	81.8M	256.2M	211.3M
Non Current Assets Total	9.4B	10.0B	11.2B	11.6B	12.4B	9.3B
Non Currrent Assets Other	(9.0B)	(9.6B)	444.2M	157.2M	1.4B	1.4B
Cash And Short Term Investments	1.7B	1.9B	1.6B	1.9B	1.7B	914.0M
Net Receivables	2.6B	2.2B	2.4B	2.3B	1.9B	2.7B
Liabilities And Stockholders Equity	18.1B	18.8B	20.4B	20.3B	20.8B	16.8B
Non Current Liabilities Total	3.0B	2.2B	2.0B	2.0B	1.8B	2.7B
Inventory	4.4B	4.2B	4.7B	4.1B	4.3B	3.8B
Other Current Assets	4.7M	475.2M	477.3M	420.4M	370.9M	389.5M
Other Stockholder Equity	(11.4B)	8.9B	10.0B	10.0B	158.3M	150.4M
Total Liab	5.7B	4.9B	4.3B	4.0B	3.9B	4.9B
Total Current Assets	8.7B	8.8B	9.2B	8.7B	8.3B	7.5B
Accumulated Other Comprehensive Income	(2.8B)	8.7B	9.9B	9.8B	10.8B	11.4B
Short Term Investments	1.3B	1.7B	1.4B	1.8B	1.5B	862.4M
Intangible Assets	7.1M	3.9M	726K	24K	6.5M	4.1M
Current Deferred Revenue	695.3M	629.2M	738.5M	538.5M	1.0	0.95
Retained Earnings	3.5B	3.8B	4.9B	5.1B	4.6B	3.4B
Accounts Payable	514.8M	827.9M	914.5M	717.9M	968.7M	607.6M
Short Term Debt	1.2B	1.1B	464.2M	199.4M	302.2M	287.1M
Other Liab	1.7B	1.7B	1.9B	1.9B	2.2B	2.0B
Net Tangible Assets	11.5B	13.0B	15.2B	15.4B	17.7B	11.7B
Other Assets	1K	2K	(34.7M)	390.0M	1.0	0.95
Long Term Debt	1.4B	495.3M	84.9M	35.7M	5.6M	5.3M
Short Long Term Debt	1.2B	1.1B	460.3M	196.2M	298.8M	283.8M
Property Plant Equipment	7.4B	7.7B	7.8B	9.3B	10.7B	7.8B
Long Term Debt Total	1.4B	495.3M	86.2M	36.7M	33.0M	31.4M
Non Current Liabilities Other	444.3M	565.1M	4.6M	4.4M	4.5M	4.2M
Net Invested Capital	14.2B	14.6B	15.7B	15.6B	16.1B	16.2B
Cash And Equivalents	106.0M	39.8M	384.2M	74.4M	85.5M	129.7M
Net Working Capital	6.0B	6.1B	6.9B	6.7B	6.2B	6.5B

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Andhra Total Current Liabilities vs Net Receivables Analysis

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Receivables

Andhra Sugars fundamental ratios Correlations

Andhra Sugars Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Andhra Sugars fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 0.99	Cash And Short Term Investments
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Total Stockholder Equity
Retained Earnings	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net

Common Stock	- 1.0	Common Stock Shares Outstanding
Retained Earnings	- 0.89	Total Liab
Total Liab	- 0.86	Other Current Assets
Other Current Assets	- 0.84	Short Long Term Debt Total
Total Liab	- 0.83	Property Plant And Equipment Net
Other Current Assets	- 0.82	Non Current Liabilities Total