Angel Non Current Assets Total vs Selling General Administrative Analysis

ANGELONE   2,897  13.40  0.46%   
Angel One financial indicator trend analysis is way more than just evaluating Angel One Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel One Limited is a good investment. Please check the relationship between Angel One Non Current Assets Total and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Selling General Administrative

Non Current Assets Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel One Limited Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Angel One's Non Current Assets Total and Selling General Administrative is -0.02. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Angel One Limited, assuming nothing else is changed. The correlation between historical values of Angel One's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Angel One Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Angel One's Non Current Assets Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Selling General Administrative

Most indicators from Angel One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel One Limited 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 Angel One Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Angel One's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Tax Provision is likely to grow to about 4.1 B, while Discontinued Operations is likely to drop (2.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit12.0B19.6B21.4B22.4B
Total Revenue20.0B30.0B41.7B43.8B

Angel One fundamental ratios Correlations

0.930.990.990.920.930.990.210.10.92-0.460.990.92-0.230.821.01.00.970.630.82-0.11.00.790.890.780.85
0.930.960.890.830.910.890.44-0.010.87-0.690.90.77-0.530.680.940.930.880.680.89-0.070.90.790.750.790.94
0.990.960.970.90.930.970.290.060.93-0.530.980.89-0.360.790.990.990.940.640.88-0.080.980.810.840.790.9
0.990.890.970.920.911.00.160.120.88-0.420.990.94-0.130.820.990.990.980.630.75-0.10.990.770.930.760.78
0.920.830.90.920.810.940.19-0.010.91-0.310.950.76-0.10.670.920.930.960.380.75-0.270.920.560.940.530.8
0.930.910.930.910.810.890.030.10.83-0.450.890.88-0.310.780.930.920.880.560.750.040.920.890.790.790.85
0.990.890.971.00.940.890.180.080.89-0.420.990.92-0.130.80.990.990.990.610.76-0.150.990.740.940.730.79
0.210.440.290.160.190.030.18-0.220.26-0.70.21-0.02-0.61-0.030.230.230.190.490.48-0.220.170.090.080.280.4
0.1-0.010.060.12-0.010.10.08-0.220.040.170.030.150.220.390.090.02-0.050.140.030.860.110.060.050.110.03
0.920.870.930.880.910.830.890.260.04-0.340.930.75-0.370.710.920.920.870.410.93-0.140.920.660.760.610.92
-0.46-0.69-0.53-0.42-0.31-0.45-0.42-0.70.17-0.34-0.41-0.310.73-0.11-0.47-0.47-0.42-0.63-0.51-0.03-0.41-0.44-0.3-0.52-0.54
0.990.90.980.990.950.890.990.210.030.93-0.410.9-0.190.790.990.990.980.570.81-0.190.990.740.920.720.83
0.920.770.890.940.760.880.92-0.020.150.75-0.310.9-0.040.860.910.910.870.680.62-0.030.930.870.810.830.63
-0.23-0.53-0.36-0.13-0.1-0.31-0.13-0.610.22-0.370.73-0.19-0.040.04-0.26-0.25-0.12-0.28-0.64-0.11-0.19-0.320.1-0.31-0.6
0.820.680.790.820.670.780.8-0.030.390.71-0.110.790.860.040.820.790.730.60.610.120.830.770.690.730.63
1.00.940.990.990.920.930.990.230.090.92-0.470.990.91-0.260.821.00.960.630.84-0.11.00.80.880.780.87
1.00.930.990.990.930.920.990.230.020.92-0.470.990.91-0.250.791.00.980.630.82-0.170.990.790.890.770.85
0.970.880.940.980.960.880.990.19-0.050.87-0.420.980.87-0.120.730.960.980.530.72-0.270.960.70.960.680.78
0.630.680.640.630.380.560.610.490.140.41-0.630.570.68-0.280.60.630.630.530.50.050.610.730.450.910.48
0.820.890.880.750.750.750.760.480.030.93-0.510.810.62-0.640.610.840.820.720.5-0.030.810.640.550.640.96
-0.1-0.07-0.08-0.1-0.270.04-0.15-0.220.86-0.14-0.03-0.19-0.03-0.110.12-0.1-0.17-0.270.05-0.03-0.10.05-0.240.04-0.02
1.00.90.980.990.920.920.990.170.110.92-0.410.990.93-0.190.831.00.990.960.610.81-0.10.790.890.760.82
0.790.790.810.770.560.890.740.090.060.66-0.440.740.87-0.320.770.80.790.70.730.640.050.790.570.930.7
0.890.750.840.930.940.790.940.080.050.76-0.30.920.810.10.690.880.890.960.450.55-0.240.890.570.560.63
0.780.790.790.760.530.790.730.280.110.61-0.520.720.83-0.310.730.780.770.680.910.640.040.760.930.560.66
0.850.940.90.780.80.850.790.40.030.92-0.540.830.63-0.60.630.870.850.780.480.96-0.020.820.70.630.66
Click cells to compare fundamentals

Angel One Account Relationship Matchups

Angel One fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.9B48.1B72.2B74.8B132.5B139.2B
Short Long Term Debt Total4.9B11.7B12.6B7.9B25.4B26.7B
Total Current Liabilities13.6B36.7B56.3B40.8B101.8B106.9B
Total Stockholder Equity5.9B11.3B15.8B21.6B30.4B31.9B
Property Plant And Equipment Net1.2B1.1B1.4B2.1B3.6B3.7B
Net Debt(9.2B)5.9B8.4B6.5B15.0B15.7B
Retained Earnings3.9B6.5B10.6B15.7B23.7B24.9B
Cash14.1B5.9B4.2B1.3B10.4B7.3B
Non Current Assets Total4.2B15.6B2.7B6.0B5.0B5.2B
Non Currrent Assets Other3.3B13.2B46.1B617.0M96.9B101.8B
Other Assets134.0M120.2M2.4B2.5B(1.0)(0.95)
Cash And Short Term Investments14.4B18.9B50.1B54.9B106.7B112.0B
Common Stock Shares Outstanding72.0M77.5M83.9M84.7M85.4M83.5M
Liabilities And Stockholders Equity21.9B48.1B72.2B74.8B132.5B139.2B
Non Current Liabilities Total2.4B128.5M84.4M12.4B361.1M343.0M
Other Stockholder Equity977.1M3.7B4.4B4.2B4.7B5.0B
Total Liab16.0B36.8B56.4B53.2B102.2B107.3B
Total Current Assets17.7B32.6B69.5B68.7B127.5B133.9B
Accumulated Other Comprehensive Income287.2M297.9M406.2M859.0M1.1B1.2B
Intangible Assets68.3M56.6M185.6M332.3M498.7M523.7M
Other Current Liab1.6B2.1B3.0B(208.6M)4.4B4.7B
Current Deferred Revenue450K120.5M9.9M6.6M5.6M5.3M
Accounts Payable9.4B22.8B40.7B40.7B72.0B75.6B
Net Receivables3.2B13.7B19.5B14.1B20.1B13.1B
Other Current Assets3.3B13.7B19.2B14.1B20.9B11.5B
Short Term Debt2.6B11.7B12.6B278.3M25.4B26.6B
Short Term Investments352.7M13.0B45.9B53.6B96.3B101.1B
Other Liab217.3M56.1M3.1B4.5B5.2B5.4B
Net Tangible Assets5.8B11.3B15.7B21.3B24.5B25.7B
Long Term Debt2.2B11.7B12.6B7.9B25.4B26.6B
Capital Lease Obligations212.9M157.1M18M39M57.8M81.3M
Net Invested Capital10.7B11.3B28.4B29.5B55.7B58.5B
Short Long Term Debt8.5B2.6B245.7M278.3M250.5M237.9M
Net Working Capital4.1B(4.1B)27.3B27.9B42.2B44.4B
Property Plant Equipment1.2B1.1B1.4B2.1B2.4B1.5B

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 Angel Stock

Balance Sheet is a snapshot of the financial position of Angel One Limited at a specified time, usually calculated after every quarter, six months, or one year. Angel One Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Angel One 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 Angel currently owns. An asset can also be divided into two categories, current and non-current.