Aries Retained Earnings vs Non Current Assets Total Analysis

ARIES Stock   330.15  11.40  3.58%   
Aries Agro financial indicator trend analysis is way more than just evaluating Aries Agro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aries Agro Limited is a good investment. Please check the relationship between Aries Agro Retained Earnings and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aries Agro 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 state.

Retained Earnings vs Non Current Assets Total

Retained Earnings vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aries Agro Limited Retained Earnings account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aries Agro's Retained Earnings and Non Current Assets Total is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Aries Agro Limited, assuming nothing else is changed. The correlation between historical values of Aries Agro's Retained Earnings 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 Retained Earnings of Aries Agro Limited 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 Retained Earnings i.e., Aries Agro's Retained Earnings and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Aries Agro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aries Agro 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 Aries Agro 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 state.
As of the 28th of November 2024, Selling General Administrative is likely to drop to about 153 M. In addition to that, Tax Provision is likely to drop to about 82.7 M
 2021 2022 2023 2024 (projected)
Interest Expense233.2M233.8M222.8M189.2M
Depreciation And Amortization57.8M78.4M77.4M54.5M

Aries Agro fundamental ratios Correlations

0.550.040.950.940.550.56-0.060.89-0.42-0.040.620.90.250.930.450.00.970.990.880.01-0.640.780.510.540.66
0.55-0.640.610.340.490.990.130.25-0.030.110.630.52-0.290.570.380.00.570.630.360.43-0.740.550.33-0.120.22
0.04-0.64-0.010.110.13-0.670.150.27-0.020.16-0.250.260.30.07-0.170.090.03-0.040.36-0.340.51-0.26-0.310.220.03
0.950.61-0.010.810.560.610.040.79-0.410.060.690.880.040.930.38-0.080.990.960.790.24-0.520.730.560.320.48
0.940.340.110.810.370.38-0.260.94-0.48-0.220.450.770.530.80.460.020.860.890.85-0.28-0.650.790.480.790.79
0.550.490.130.560.370.410.650.470.260.640.590.7-0.170.630.08-0.050.530.550.680.41-0.20.1-0.24-0.090.1
0.560.99-0.670.610.380.410.010.26-0.110.00.640.49-0.250.550.41-0.030.580.640.350.37-0.790.620.4-0.040.29
-0.060.130.150.04-0.260.650.01-0.050.620.99-0.020.18-0.440.2-0.280.2-0.01-0.060.10.640.36-0.53-0.57-0.63-0.6
0.890.250.270.790.940.470.26-0.05-0.35-0.020.340.790.560.790.32-0.020.850.810.9-0.21-0.470.640.340.710.63
-0.42-0.03-0.02-0.41-0.480.26-0.110.62-0.350.62-0.33-0.22-0.34-0.24-0.180.25-0.45-0.42-0.230.40.34-0.73-0.74-0.53-0.53
-0.040.110.160.06-0.220.640.00.99-0.020.62-0.020.19-0.40.22-0.270.210.0-0.040.10.610.35-0.5-0.59-0.59-0.6
0.620.63-0.250.690.450.590.64-0.020.34-0.33-0.020.56-0.220.530.14-0.470.660.690.470.29-0.460.560.340.070.41
0.90.520.260.880.770.70.490.180.79-0.220.190.560.090.930.310.080.890.890.930.06-0.480.560.280.320.46
0.25-0.290.30.040.53-0.17-0.25-0.440.56-0.34-0.4-0.220.090.020.15-0.050.150.130.34-0.78-0.270.390.050.830.5
0.930.570.070.930.80.630.550.20.79-0.240.220.530.930.020.350.160.920.940.830.2-0.530.590.410.30.42
0.450.38-0.170.380.460.080.41-0.280.32-0.18-0.270.140.310.150.350.50.390.470.33-0.06-0.510.540.220.370.53
0.00.00.09-0.080.02-0.05-0.030.2-0.020.250.21-0.470.08-0.050.160.5-0.080.010.06-0.04-0.1-0.16-0.19-0.030.04
0.970.570.030.990.860.530.58-0.010.85-0.450.00.660.890.150.920.39-0.080.970.830.13-0.550.770.550.420.53
0.990.63-0.040.960.890.550.64-0.060.81-0.42-0.040.690.890.130.940.470.010.970.840.08-0.670.790.540.460.64
0.880.360.360.790.850.680.350.10.9-0.230.10.470.930.340.830.330.060.830.84-0.14-0.480.530.210.540.63
0.010.43-0.340.24-0.280.410.370.64-0.210.40.610.290.06-0.780.2-0.06-0.040.130.08-0.140.22-0.25-0.04-0.75-0.51
-0.64-0.740.51-0.52-0.65-0.2-0.790.36-0.470.340.35-0.46-0.48-0.27-0.53-0.51-0.1-0.55-0.67-0.480.22-0.79-0.46-0.48-0.68
0.780.55-0.260.730.790.10.62-0.530.64-0.73-0.50.560.560.390.590.54-0.160.770.790.53-0.25-0.790.70.620.7
0.510.33-0.310.560.48-0.240.4-0.570.34-0.74-0.590.340.280.050.410.22-0.190.550.540.21-0.04-0.460.70.360.46
0.54-0.120.220.320.79-0.09-0.04-0.630.71-0.53-0.590.070.320.830.30.37-0.030.420.460.54-0.75-0.480.620.360.82
0.660.220.030.480.790.10.29-0.60.63-0.53-0.60.410.460.50.420.530.040.530.640.63-0.51-0.680.70.460.82
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Aries Agro Account Relationship Matchups

Aries Agro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.0B5.1B5.2B5.2B4.4B
Short Long Term Debt Total1.5B1.4B1.1B997M735.5M1.3B
Other Current Liab580.2M88.9M550.1M665.1M1.2B1.2B
Total Current Liabilities2.6B2.6B2.5B2.4B2.1B2.0B
Total Stockholder Equity1.9B2.1B2.2B2.4B2.6B1.8B
Property Plant And Equipment Net598.5M675.4M676.1M749.6M975.9M904.3M
Net Debt1.5B1.4B1.1B978.4M711.2M1.2B
Cash7.7M6.9M7.1M18.6M24.3M23.1M
Non Current Assets Total1.2B1.2B1.3B1.4B1.6B1.1B
Non Currrent Assets Other(7.6M)1.0(35.7M)2K(1K)(950.0)
Cash And Short Term Investments7.7M6.9M7.1M48.8M24.3M23.1M
Net Receivables1.2B1.3B1.2B1.2B1.1B1.2B
Liabilities And Stockholders Equity4.9B5.0B5.1B5.2B5.2B4.4B
Non Current Liabilities Total257.2M238.6M282.1M349.5M402.5M286.7M
Inventory1.4B1.4B1.5B1.4B1.3B1.2B
Other Current Assets1.1B1.1B1.2B1.2B1.2B833.9M
Total Liab2.8B2.8B2.8B2.7B2.5B2.4B
Total Current Assets3.7B3.8B3.8B3.8B3.6B3.3B
Accumulated Other Comprehensive Income(365.2M)216.0M227.5M252.6M153.4M161.1M
Short Term Debt1.4B1.3B924.1M765.1M460.4M437.4M
Intangible Assets2.3M1.7M1.3M1.2M1.1M1.1M
Accounts Payable584.5M523.3M694.5M617.1M472.9M500.4M
Current Deferred Revenue555.9M708.4M795.6M16.9M2.9M2.8M
Retained Earnings1.1B1.3B1.4B1.6B1.8B1.3B
Short Term Investments30.2M35.0M25.2M30.2M38.2M25.9M
Other Liab71.7M84.4M83.4M117.6M135.2M78.4M
Net Tangible Assets1.9B2.1B2.2B2.4B2.8B2.1B
Long Term Debt139.6M121.5M179.7M217.5M261.8M176.7M
Short Long Term Debt1.4B1.2B879.3M737.9M441.7M786.5M
Property Plant Equipment598.5M675.4M676.1M749.6M674.6M703.8M
Long Term Debt Total185.5M154.3M198.7M231.9M266.7M182.2M
Net Invested Capital3.4B3.4B3.3B3.4B3.3B2.7B
Net Working Capital1.1B1.2B1.3B1.4B1.4B1.4B

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Other Information on Investing in Aries Stock

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