Aries Total Current Liabilities vs Net Debt Analysis

ARIES Stock

315.15 1.30 0.41%

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 Total Current Liabilities and its Net Debt 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

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

The correlation between Aries Agro's Total Current Liabilities and Net Debt is 0.61. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Total Current Liabilities and Net Debt 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 Aries Agro Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Aries Agro's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Current Liabilities

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

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 25th 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 Expense	233.2M	233.8M	222.8M	189.2M
Depreciation And Amortization	57.8M	78.4M	77.4M	54.5M

Interest Expense Depreciation And Amortization

Aries Agro 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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Retained Earnings	Good Will
Total Assets		0.55	0.04	0.95	0.94	0.55	0.56	-0.06	0.89	-0.42	-0.04	0.62	0.9	0.25	0.93	0.45	0.0	0.97	0.99	0.88	0.01	-0.64	0.78	0.51	0.54	0.66
Short Long Term Debt Total	0.55		-0.64	0.61	0.34	0.49	0.99	0.13	0.25	-0.03	0.11	0.63	0.52	-0.29	0.57	0.38	0.0	0.57	0.63	0.36	0.43	-0.74	0.55	0.33	-0.12	0.22
Other Current Liab	0.04	-0.64		-0.01	0.11	0.13	-0.67	0.15	0.27	-0.02	0.16	-0.25	0.26	0.3	0.07	-0.17	0.09	0.03	-0.04	0.36	-0.34	0.51	-0.26	-0.31	0.22	0.03
Total Current Liabilities	0.95	0.61	-0.01		0.81	0.56	0.61	0.04	0.79	-0.41	0.06	0.69	0.88	0.04	0.93	0.38	-0.08	0.99	0.96	0.79	0.24	-0.52	0.73	0.56	0.32	0.48
Total Stockholder Equity	0.94	0.34	0.11	0.81		0.37	0.38	-0.26	0.94	-0.48	-0.22	0.45	0.77	0.53	0.8	0.46	0.02	0.86	0.89	0.85	-0.28	-0.65	0.79	0.48	0.79	0.79
Property Plant And Equipment Net	0.55	0.49	0.13	0.56	0.37		0.41	0.65	0.47	0.26	0.64	0.59	0.7	-0.17	0.63	0.08	-0.05	0.53	0.55	0.68	0.41	-0.2	0.1	-0.24	-0.09	0.1
Net Debt	0.56	0.99	-0.67	0.61	0.38	0.41		0.01	0.26	-0.11	0.0	0.64	0.49	-0.25	0.55	0.42	-0.03	0.58	0.64	0.35	0.37	-0.79	0.62	0.4	-0.04	0.29
Cash	-0.06	0.13	0.15	0.04	-0.26	0.65	0.01		-0.05	0.62	0.99	-0.02	0.18	-0.44	0.2	-0.28	0.2	-0.01	-0.06	0.1	0.64	0.36	-0.53	-0.57	-0.63	-0.6
Non Current Assets Total	0.89	0.25	0.27	0.79	0.94	0.47	0.26	-0.05		-0.35	-0.02	0.34	0.79	0.56	0.79	0.32	-0.02	0.85	0.81	0.9	-0.21	-0.47	0.64	0.34	0.71	0.63
Non Currrent Assets Other	-0.42	-0.03	-0.02	-0.41	-0.48	0.26	-0.11	0.62	-0.35		0.62	-0.33	-0.22	-0.34	-0.24	-0.18	0.25	-0.45	-0.42	-0.23	0.4	0.34	-0.73	-0.74	-0.53	-0.53
Cash And Short Term Investments	-0.04	0.11	0.16	0.06	-0.22	0.64	0.0	0.99	-0.02	0.62		-0.02	0.19	-0.4	0.22	-0.27	0.21	0.0	-0.04	0.1	0.61	0.35	-0.5	-0.59	-0.59	-0.6
Net Receivables	0.62	0.63	-0.25	0.69	0.45	0.59	0.64	-0.02	0.34	-0.33	-0.02		0.56	-0.22	0.53	0.14	-0.47	0.66	0.69	0.47	0.29	-0.46	0.56	0.34	0.07	0.41
Common Stock Shares Outstanding	0.9	0.52	0.26	0.88	0.77	0.7	0.49	0.18	0.79	-0.22	0.19	0.56		0.09	0.93	0.31	0.08	0.89	0.89	0.93	0.06	-0.48	0.56	0.28	0.32	0.46
Non Current Liabilities Total	0.25	-0.29	0.3	0.04	0.53	-0.17	-0.25	-0.44	0.56	-0.34	-0.4	-0.22	0.09		0.02	0.15	-0.05	0.15	0.13	0.34	-0.78	-0.27	0.39	0.05	0.83	0.5
Inventory	0.93	0.57	0.07	0.93	0.8	0.63	0.55	0.2	0.79	-0.24	0.22	0.53	0.93	0.02		0.35	0.16	0.92	0.94	0.83	0.2	-0.53	0.59	0.41	0.3	0.42
Other Current Assets	0.45	0.38	-0.17	0.38	0.46	0.08	0.42	-0.28	0.32	-0.18	-0.27	0.14	0.31	0.15	0.35		0.5	0.39	0.47	0.32	-0.06	-0.51	0.54	0.22	0.37	0.53
Other Stockholder Equity	0.0	0.0	0.09	-0.08	0.02	-0.05	-0.03	0.2	-0.02	0.25	0.21	-0.47	0.08	-0.05	0.16	0.5		-0.08	0.01	0.06	-0.04	-0.1	-0.16	-0.19	-0.03	0.04
Total Liab	0.97	0.57	0.03	0.99	0.86	0.53	0.58	-0.01	0.85	-0.45	0.0	0.66	0.89	0.15	0.92	0.39	-0.08		0.97	0.83	0.13	-0.55	0.77	0.55	0.42	0.53
Total Current Assets	0.99	0.63	-0.04	0.96	0.89	0.55	0.64	-0.06	0.81	-0.42	-0.04	0.69	0.89	0.13	0.94	0.47	0.01	0.97		0.84	0.08	-0.67	0.79	0.54	0.46	0.64
Common Stock	0.88	0.36	0.36	0.79	0.85	0.68	0.35	0.1	0.9	-0.23	0.1	0.47	0.93	0.34	0.83	0.32	0.06	0.83	0.84		-0.14	-0.48	0.53	0.21	0.54	0.63
Short Term Debt	0.01	0.43	-0.34	0.24	-0.28	0.41	0.37	0.64	-0.21	0.4	0.61	0.29	0.06	-0.78	0.2	-0.06	-0.04	0.13	0.08	-0.14		0.22	-0.25	-0.04	-0.75	-0.51
Intangible Assets	-0.64	-0.74	0.51	-0.52	-0.65	-0.2	-0.79	0.36	-0.47	0.34	0.35	-0.46	-0.48	-0.27	-0.53	-0.51	-0.1	-0.55	-0.67	-0.48	0.22		-0.79	-0.46	-0.48	-0.68
Accounts Payable	0.78	0.55	-0.26	0.73	0.79	0.1	0.62	-0.53	0.64	-0.73	-0.5	0.56	0.56	0.39	0.59	0.54	-0.16	0.77	0.79	0.53	-0.25	-0.79		0.7	0.62	0.7
Current Deferred Revenue	0.51	0.33	-0.31	0.56	0.48	-0.24	0.4	-0.57	0.34	-0.74	-0.59	0.34	0.28	0.05	0.41	0.22	-0.19	0.55	0.54	0.21	-0.04	-0.46	0.7		0.36	0.46
Retained Earnings	0.54	-0.12	0.22	0.32	0.79	-0.09	-0.04	-0.63	0.71	-0.53	-0.59	0.07	0.32	0.83	0.3	0.37	-0.03	0.42	0.46	0.54	-0.75	-0.48	0.62	0.36		0.82
Good Will	0.66	0.22	0.03	0.48	0.79	0.1	0.29	-0.6	0.63	-0.53	-0.6	0.41	0.46	0.5	0.42	0.53	0.04	0.53	0.64	0.63	-0.51	-0.68	0.7	0.46	0.82

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Aries Agro Account Relationship Matchups

Aries Agro fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	5.0B	5.1B	5.2B	5.2B	4.4B
Short Long Term Debt Total	1.5B	1.4B	1.1B	997M	735.5M	1.3B
Other Current Liab	580.2M	88.9M	550.1M	665.1M	1.2B	1.2B
Total Current Liabilities	2.6B	2.6B	2.5B	2.4B	2.1B	2.0B
Total Stockholder Equity	1.9B	2.1B	2.2B	2.4B	2.6B	1.8B
Property Plant And Equipment Net	598.5M	675.4M	676.1M	749.6M	975.9M	904.3M
Net Debt	1.5B	1.4B	1.1B	978.4M	711.2M	1.2B
Cash	7.7M	6.9M	7.1M	18.6M	24.3M	23.1M
Non Current Assets Total	1.2B	1.2B	1.3B	1.4B	1.6B	1.1B
Non Currrent Assets Other	(7.6M)	1.0	(35.7M)	2K	(1K)	(950.0)
Cash And Short Term Investments	7.7M	6.9M	7.1M	48.8M	24.3M	23.1M
Net Receivables	1.2B	1.3B	1.2B	1.2B	1.1B	1.2B
Liabilities And Stockholders Equity	4.9B	5.0B	5.1B	5.2B	5.2B	4.4B
Non Current Liabilities Total	257.2M	238.6M	282.1M	349.5M	402.5M	286.7M
Inventory	1.4B	1.4B	1.5B	1.4B	1.3B	1.2B
Other Current Assets	1.1B	1.1B	1.2B	1.2B	1.1B	833.4M
Total Liab	2.8B	2.8B	2.8B	2.7B	2.5B	2.4B
Total Current Assets	3.7B	3.8B	3.8B	3.8B	3.6B	3.3B
Accumulated Other Comprehensive Income	(365.2M)	216.0M	227.5M	252.6M	153.4M	161.1M
Short Term Debt	1.4B	1.3B	924.1M	765.1M	460.4M	437.4M
Intangible Assets	2.3M	1.7M	1.3M	1.2M	1.1M	1.1M
Accounts Payable	584.5M	523.3M	694.5M	617.1M	472.9M	500.4M
Current Deferred Revenue	555.9M	708.4M	795.6M	16.9M	2.9M	2.8M
Retained Earnings	1.1B	1.3B	1.4B	1.6B	1.8B	1.3B
Short Term Investments	30.2M	35.0M	25.2M	30.2M	38.2M	25.9M
Other Liab	71.7M	84.4M	83.4M	117.6M	135.2M	78.4M
Net Tangible Assets	1.9B	2.1B	2.2B	2.4B	2.8B	2.1B
Long Term Debt	139.6M	121.5M	179.7M	217.5M	261.8M	176.7M
Short Long Term Debt	1.4B	1.2B	879.3M	737.9M	441.7M	786.5M
Property Plant Equipment	598.5M	675.4M	676.1M	749.6M	674.6M	703.8M
Long Term Debt Total	185.5M	154.3M	198.7M	231.9M	266.7M	182.2M
Net Invested Capital	3.4B	3.4B	3.3B	3.4B	3.3B	2.7B
Net Working Capital	1.1B	1.2B	1.3B	1.4B	1.4B	1.4B

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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.

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Aries Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Aries Agro fundamental ratios Correlations

Aries Agro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Aries Agro fundamental ratios Accounts

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Other Information on Investing in Aries Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Liab

Accounts Payable	- 0.79	Intangible Assets
Intangible Assets	- 0.79	Net Debt
Short Term Debt	- 0.78	Non Current Liabilities Total
Retained Earnings	- 0.75	Short Term Debt
Current Deferred Revenue	- 0.74	Non Currrent Assets Other
Intangible Assets	- 0.74	Short Long Term Debt Total