Ansell Net Debt vs Cash And Short Term Investments Analysis

ANN Stock

32.44 0.29 0.90%

Ansell financial indicator trend analysis is way more than just evaluating Ansell prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ansell is a good investment. Please check the relationship between Ansell Net Debt and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ansell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Cash And Short Term Investments

Net Debt vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ansell Net Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have pay attention.

The correlation between Ansell's Net Debt and Cash And Short Term Investments is -0.74. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ansell, assuming nothing else is changed. The correlation between historical values of Ansell's Net Debt and Cash 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 Net Debt of Ansell are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Debt i.e., Ansell's Net Debt and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.74

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ansell balance sheet. This account contains Ansell investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ansell fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Ansell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ansell 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 Ansell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Ansell's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 43.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 212.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	18.9M	21.4M	21M	30.8M
Depreciation And Amortization	65.3M	68M	72.6M	76.2M

Interest Expense Depreciation And Amortization

Ansell fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.5	0.02	0.16	0.84	0.61	-0.09	0.03	0.49	0.28	0.18	0.85	-0.45	0.18	-0.02	0.72	0.26	-0.07	0.56	0.72	0.17	-0.15	0.57	0.61	0.81	0.14
Short Long Term Debt Total	0.5		0.34	0.38	0.07	0.36	-0.44	0.31	-0.2	0.42	0.26	0.26	0.21	0.26	0.35	0.18	0.17	0.62	0.6	0.17	0.49	0.22	0.81	0.37	0.59	0.24
Other Current Liab	0.02	0.34		0.98	-0.4	0.64	-0.94	0.13	-0.14	0.91	0.24	-0.32	0.33	0.24	0.98	-0.57	-0.76	0.4	-0.41	0.33	0.82	-0.27	0.71	0.52	0.47	0.72
Total Current Liabilities	0.16	0.38	0.98		-0.28	0.75	-0.94	0.2	-0.05	0.96	0.18	-0.18	0.24	0.18	0.96	-0.45	-0.74	0.34	-0.37	0.49	0.8	-0.26	0.77	0.64	0.53	0.67
Total Stockholder Equity	0.84	0.07	-0.4	-0.28		0.33	0.38	-0.26	0.76	-0.2	0.2	0.9	-0.56	0.2	-0.45	0.84	0.49	-0.46	0.49	0.55	-0.29	-0.14	0.05	0.39	0.5	-0.15
Property Plant And Equipment Net	0.61	0.36	0.64	0.75	0.33		-0.65	0.07	0.45	0.72	0.21	0.36	-0.06	0.2	0.59	0.04	-0.45	-0.07	-0.16	0.83	0.5	-0.32	0.67	0.92	0.73	0.46
Current Deferred Revenue	-0.09	-0.44	-0.94	-0.94	0.38	-0.65		-0.27	0.26	-0.91	-0.06	0.28	-0.24	-0.06	-0.93	0.49	0.71	-0.53	0.37	-0.35	-0.8	0.09	-0.74	-0.49	-0.46	-0.75
Net Debt	0.03	0.31	0.13	0.2	-0.26	0.07	-0.27		-0.5	0.29	-0.74	0.09	-0.25	-0.74	0.18	0.12	0.03	0.49	0.11	0.22	0.39	0.23	0.34	-0.02	-0.18	-0.11
Retained Earnings	0.49	-0.2	-0.14	-0.05	0.76	0.45	0.26	-0.5		-0.1	0.45	0.62	-0.32	0.45	-0.2	0.46	0.14	-0.68	0.03	0.52	-0.24	-0.27	-0.09	0.51	0.34	-0.1
Accounts Payable	0.28	0.42	0.91	0.96	-0.2	0.72	-0.91	0.29	-0.1		0.07	-0.08	0.12	0.06	0.91	-0.32	-0.66	0.38	-0.26	0.58	0.77	-0.22	0.83	0.6	0.59	0.63
Cash	0.18	0.26	0.24	0.18	0.2	0.21	-0.06	-0.74	0.45	0.07		0.05	0.4	1.0	0.21	-0.09	-0.01	-0.12	0.2	-0.1	0.06	-0.18	0.22	0.29	0.47	0.23
Non Current Assets Total	0.85	0.26	-0.32	-0.18	0.9	0.36	0.28	0.09	0.62	-0.08	0.05		-0.65	0.05	-0.34	0.94	0.56	-0.22	0.61	0.59	-0.14	0.01	0.23	0.39	0.42	-0.2
Non Currrent Assets Other	-0.45	0.21	0.33	0.24	-0.56	-0.06	-0.24	-0.25	-0.32	0.12	0.4	-0.65		0.39	0.39	-0.71	-0.37	0.1	-0.2	-0.38	0.07	-0.12	0.07	0.02	-0.02	0.09
Cash And Short Term Investments	0.18	0.26	0.24	0.18	0.2	0.2	-0.06	-0.74	0.45	0.06	1.0	0.05	0.39		0.21	-0.09	-0.01	-0.11	0.21	-0.1	0.06	-0.18	0.22	0.28	0.47	0.24
Net Receivables	-0.02	0.35	0.98	0.96	-0.45	0.59	-0.93	0.18	-0.2	0.91	0.21	-0.34	0.39	0.21		-0.58	-0.74	0.43	-0.39	0.31	0.75	-0.19	0.71	0.48	0.4	0.67
Good Will	0.72	0.18	-0.57	-0.45	0.84	0.04	0.49	0.12	0.46	-0.32	-0.09	0.94	-0.71	-0.09	-0.58		0.76	-0.16	0.7	0.35	-0.3	0.16	0.03	0.08	0.21	-0.34
Common Stock Total Equity	0.26	0.17	-0.76	-0.74	0.49	-0.45	0.71	0.03	0.14	-0.66	-0.01	0.56	-0.37	-0.01	-0.74	0.76		0.07	0.77	-0.2	-0.47	0.44	-0.26	-0.32	-0.17	-0.49
Common Stock Shares Outstanding	-0.07	0.62	0.4	0.34	-0.46	-0.07	-0.53	0.49	-0.68	0.38	-0.12	-0.22	0.1	-0.11	0.43	-0.16	0.07		0.22	-0.2	0.53	0.46	0.51	-0.13	0.05	0.43
Non Current Liabilities Total	0.56	0.6	-0.41	-0.37	0.49	-0.16	0.37	0.11	0.03	-0.26	0.2	0.61	-0.2	0.21	-0.39	0.7	0.77	0.22		-0.04	-0.08	0.24	0.29	-0.08	0.31	-0.32
Inventory	0.72	0.17	0.33	0.49	0.55	0.83	-0.35	0.22	0.52	0.58	-0.1	0.59	-0.38	-0.1	0.31	0.35	-0.2	-0.2	-0.04		0.31	-0.3	0.51	0.79	0.63	0.22
Other Current Assets	0.17	0.49	0.82	0.8	-0.29	0.5	-0.8	0.39	-0.24	0.77	0.06	-0.14	0.07	0.06	0.75	-0.3	-0.47	0.53	-0.08	0.31		-0.24	0.77	0.36	0.47	0.52
Other Stockholder Equity	-0.15	0.22	-0.27	-0.26	-0.14	-0.32	0.09	0.23	-0.27	-0.22	-0.18	0.01	-0.12	-0.18	-0.19	0.16	0.44	0.46	0.24	-0.3	-0.24		-0.1	-0.25	-0.32	-0.23
Total Liab	0.57	0.81	0.71	0.77	0.05	0.67	-0.74	0.34	-0.09	0.83	0.22	0.23	0.07	0.22	0.71	0.03	-0.26	0.51	0.29	0.51	0.77	-0.1		0.6	0.77	0.49
Property Plant And Equipment Gross	0.61	0.37	0.52	0.64	0.39	0.92	-0.49	-0.02	0.51	0.6	0.29	0.39	0.02	0.28	0.48	0.08	-0.32	-0.13	-0.08	0.79	0.36	-0.25	0.6		0.72	0.35
Total Current Assets	0.81	0.59	0.47	0.53	0.5	0.73	-0.46	-0.18	0.34	0.59	0.47	0.42	-0.02	0.47	0.4	0.21	-0.17	0.05	0.31	0.63	0.47	-0.32	0.77	0.72		0.48
Short Term Debt	0.14	0.24	0.72	0.67	-0.15	0.46	-0.75	-0.11	-0.1	0.63	0.23	-0.2	0.09	0.24	0.67	-0.34	-0.49	0.43	-0.32	0.22	0.52	-0.23	0.49	0.35	0.48

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Ansell Account Relationship Matchups

Ansell fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.7B	2.5B	2.5B	3.2B	1.6B
Short Long Term Debt Total	581.2M	515.5M	485.8M	494.0M	857.2M	496.7M
Other Current Liab	107.6M	143.1M	99.6M	112.4M	120.4M	196.6M
Total Current Liabilities	411.0M	549.9M	360.3M	413.6M	423.4M	532.4M
Total Stockholder Equity	1.4B	1.6B	1.5B	1.6B	1.9B	972.4M
Property Plant And Equipment Net	309.0M	356.0M	356.6M	435.8M	435.5M	275.6M
Current Deferred Revenue	12.4M	28.6M	10.5M	14.9M	17.1M	17.9M
Net Debt	169.7M	275.3M	279.6M	334.1M	(55.1M)	(52.3M)
Retained Earnings	702.6M	866.8M	941.9M	1.0B	1.1B	1.1B
Accounts Payable	220.1M	357.4M	232.0M	169.3M	225.5M	205.2M
Cash	411.5M	240.2M	206.2M	159.0M	912.3M	957.9M
Non Current Assets Total	1.5B	1.6B	1.5B	1.6B	1.6B	1.1B
Non Currrent Assets Other	(811.5M)	(821.3M)	(805.3M)	(808.6M)	117.1M	123.0M
Cash And Short Term Investments	411.5M	240.2M	206.2M	159.0M	912.3M	957.9M
Net Receivables	173.4M	265.5M	201.7M	190.8M	211.9M	318.9M
Good Will	840.0M	851.4M	834.3M	843.3M	842.3M	435.7M
Common Stock Shares Outstanding	132.3M	130.1M	128.2M	127.1M	129.4M	131.9M
Liabilities And Stockholders Equity	2.5B	2.7B	2.5B	2.5B	3.2B	1.6B
Non Current Liabilities Total	637.4M	623.2M	589.2M	499.4M	909.0M	532.9M
Inventory	342.3M	611.2M	521.2M	524.9M	457.9M	274.6M
Other Current Assets	38.6M	50.1M	55.3M	35.2M	41.8M	63.4M
Other Stockholder Equity	(3.1M)	(22.7M)	(33.3M)	(18.4M)	(2.0)	(1.9)
Total Liab	1.0B	1.2B	949.5M	913.1M	1.3B	919.9M
Property Plant And Equipment Gross	447.3M	786.8M	356.6M	925.8M	951.9M	502.3M
Total Current Assets	967.1M	1.2B	984.4M	909.9M	1.6B	823.5M
Accumulated Other Comprehensive Income	(121.0M)	(84.6M)	(142.9M)	(176.0M)	(193.1M)	(183.4M)
Short Term Debt	68.3M	20.8M	18.2M	117.0M	77.5M	73.6M
Common Stock	811.1M	791.7M	777.0M	767.3M	1.0B	712.9M
Intangible Assets	1.1B	1.1B	1.0B	1.1B	212.5M	201.9M
Short Term Investments	8.0M	8.8M	10.8M	11.8M	(5.7M)	(5.4M)
Other Liab	127.6M	128.5M	121.7M	123.6M	142.1M	86.3M
Long Term Debt	469.9M	451.7M	426.3M	307M	706.6M	503.0M
Property Plant Equipment	307M	356M	356.6M	436.8M	393.1M	218.4M
Net Tangible Assets	325.6M	474.1M	493.5M	541.2M	622.4M	323.2M
Long Term Investments	17.3M	21.9M	18M	6.5M	5.6M	5.3M
Short Long Term Debt	552M	28.5M	72.9M	100M	59.7M	56.7M
Long Term Debt Total	509.2M	494.7M	467.6M	377M	339.3M	450.1M

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