Ansell Non Current Liabilities Total vs Total Current Liabilities 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 Non Current Liabilities Total and its Total Current Liabilities 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.

Non Current Liabilities Total vs Total Current Liabilities

Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ansell Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ansell's Non Current Liabilities Total and Total Current Liabilities is -0.37. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ansell, assuming nothing else is changed. The correlation between historical values of Ansell's Non Current Liabilities Total and Total Current Liabilities 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 Liabilities Total of Ansell are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Liabilities Total i.e., Ansell's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Liabilities Total

Total Current Liabilities

Total Current Liabilities is an item on Ansell balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ansell 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.
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 Expense18.9M21.4M21M30.8M
Depreciation And Amortization65.3M68M72.6M76.2M

Ansell fundamental ratios Correlations

0.50.020.160.840.61-0.090.030.490.280.180.85-0.450.18-0.020.720.26-0.070.560.720.17-0.150.570.610.810.14
0.50.340.380.070.36-0.440.31-0.20.420.260.260.210.260.350.180.170.620.60.170.490.220.810.370.590.24
0.020.340.98-0.40.64-0.940.13-0.140.910.24-0.320.330.240.98-0.57-0.760.4-0.410.330.82-0.270.710.520.470.72
0.160.380.98-0.280.75-0.940.2-0.050.960.18-0.180.240.180.96-0.45-0.740.34-0.370.490.8-0.260.770.640.530.67
0.840.07-0.4-0.280.330.38-0.260.76-0.20.20.9-0.560.2-0.450.840.49-0.460.490.55-0.29-0.140.050.390.5-0.15
0.610.360.640.750.33-0.650.070.450.720.210.36-0.060.20.590.04-0.45-0.07-0.160.830.5-0.320.670.920.730.46
-0.09-0.44-0.94-0.940.38-0.65-0.270.26-0.91-0.060.28-0.24-0.06-0.930.490.71-0.530.37-0.35-0.80.09-0.74-0.49-0.46-0.75
0.030.310.130.2-0.260.07-0.27-0.50.29-0.740.09-0.25-0.740.180.120.030.490.110.220.390.230.34-0.02-0.18-0.11
0.49-0.2-0.14-0.050.760.450.26-0.5-0.10.450.62-0.320.45-0.20.460.14-0.680.030.52-0.24-0.27-0.090.510.34-0.1
0.280.420.910.96-0.20.72-0.910.29-0.10.07-0.080.120.060.91-0.32-0.660.38-0.260.580.77-0.220.830.60.590.63
0.180.260.240.180.20.21-0.06-0.740.450.070.050.41.00.21-0.09-0.01-0.120.2-0.10.06-0.180.220.290.470.23
0.850.26-0.32-0.180.90.360.280.090.62-0.080.05-0.650.05-0.340.940.56-0.220.610.59-0.140.010.230.390.42-0.2
-0.450.210.330.24-0.56-0.06-0.24-0.25-0.320.120.4-0.650.390.39-0.71-0.370.1-0.2-0.380.07-0.120.070.02-0.020.09
0.180.260.240.180.20.2-0.06-0.740.450.061.00.050.390.21-0.09-0.01-0.110.21-0.10.06-0.180.220.280.470.24
-0.020.350.980.96-0.450.59-0.930.18-0.20.910.21-0.340.390.21-0.58-0.740.43-0.390.310.75-0.190.710.480.40.67
0.720.18-0.57-0.450.840.040.490.120.46-0.32-0.090.94-0.71-0.09-0.580.76-0.160.70.35-0.30.160.030.080.21-0.34
0.260.17-0.76-0.740.49-0.450.710.030.14-0.66-0.010.56-0.37-0.01-0.740.760.070.77-0.2-0.470.44-0.26-0.32-0.17-0.49
-0.070.620.40.34-0.46-0.07-0.530.49-0.680.38-0.12-0.220.1-0.110.43-0.160.070.22-0.20.530.460.51-0.130.050.43
0.560.6-0.41-0.370.49-0.160.370.110.03-0.260.20.61-0.20.21-0.390.70.770.22-0.04-0.080.240.29-0.080.31-0.32
0.720.170.330.490.550.83-0.350.220.520.58-0.10.59-0.38-0.10.310.35-0.2-0.2-0.040.31-0.30.510.790.630.22
0.170.490.820.8-0.290.5-0.80.39-0.240.770.06-0.140.070.060.75-0.3-0.470.53-0.080.31-0.240.770.360.470.52
-0.150.22-0.27-0.26-0.14-0.320.090.23-0.27-0.22-0.180.01-0.12-0.18-0.190.160.440.460.24-0.3-0.24-0.1-0.25-0.32-0.23
0.570.810.710.770.050.67-0.740.34-0.090.830.220.230.070.220.710.03-0.260.510.290.510.77-0.10.60.770.49
0.610.370.520.640.390.92-0.49-0.020.510.60.290.390.020.280.480.08-0.32-0.13-0.080.790.36-0.250.60.720.35
0.810.590.470.530.50.73-0.46-0.180.340.590.470.42-0.020.470.40.21-0.170.050.310.630.47-0.320.770.720.48
0.140.240.720.67-0.150.46-0.75-0.11-0.10.630.23-0.20.090.240.67-0.34-0.490.43-0.320.220.52-0.230.490.350.48
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Ansell Account Relationship Matchups

Ansell fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.7B2.5B2.5B3.2B1.6B
Short Long Term Debt Total581.2M515.5M485.8M494.0M857.2M496.7M
Other Current Liab107.6M143.1M99.6M112.4M120.4M196.6M
Total Current Liabilities411.0M549.9M360.3M413.6M423.4M532.4M
Total Stockholder Equity1.4B1.6B1.5B1.6B1.9B972.4M
Property Plant And Equipment Net309.0M356.0M356.6M435.8M435.5M275.6M
Current Deferred Revenue12.4M28.6M10.5M14.9M17.1M17.9M
Net Debt169.7M275.3M279.6M334.1M(55.1M)(52.3M)
Retained Earnings702.6M866.8M941.9M1.0B1.1B1.1B
Accounts Payable220.1M357.4M232.0M169.3M225.5M205.2M
Cash411.5M240.2M206.2M159.0M912.3M957.9M
Non Current Assets Total1.5B1.6B1.5B1.6B1.6B1.1B
Non Currrent Assets Other(811.5M)(821.3M)(805.3M)(808.6M)117.1M123.0M
Cash And Short Term Investments411.5M240.2M206.2M159.0M912.3M957.9M
Net Receivables173.4M265.5M201.7M190.8M211.9M318.9M
Good Will840.0M851.4M834.3M843.3M842.3M435.7M
Common Stock Shares Outstanding132.3M130.1M128.2M127.1M129.4M131.9M
Liabilities And Stockholders Equity2.5B2.7B2.5B2.5B3.2B1.6B
Non Current Liabilities Total637.4M623.2M589.2M499.4M909.0M532.9M
Inventory342.3M611.2M521.2M524.9M457.9M274.6M
Other Current Assets38.6M50.1M55.3M35.2M41.8M63.4M
Other Stockholder Equity(3.1M)(22.7M)(33.3M)(18.4M)(2.0)(1.9)
Total Liab1.0B1.2B949.5M913.1M1.3B919.9M
Property Plant And Equipment Gross447.3M786.8M356.6M925.8M951.9M502.3M
Total Current Assets967.1M1.2B984.4M909.9M1.6B823.5M
Accumulated Other Comprehensive Income(121.0M)(84.6M)(142.9M)(176.0M)(193.1M)(183.4M)
Short Term Debt68.3M20.8M18.2M117.0M77.5M73.6M
Common Stock811.1M791.7M777.0M767.3M1.0B712.9M
Intangible Assets1.1B1.1B1.0B1.1B212.5M201.9M
Short Term Investments8.0M8.8M10.8M11.8M(5.7M)(5.4M)
Other Liab127.6M128.5M121.7M123.6M142.1M86.3M
Long Term Debt469.9M451.7M426.3M307M706.6M503.0M
Property Plant Equipment307M356M356.6M436.8M393.1M218.4M
Net Tangible Assets325.6M474.1M493.5M541.2M622.4M323.2M
Long Term Investments17.3M21.9M18M6.5M5.6M5.3M
Short Long Term Debt552M28.5M72.9M100M59.7M56.7M
Long Term Debt Total509.2M494.7M467.6M377M339.3M450.1M

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