Arvind Non Currrent Assets Other vs Good Will Analysis

ARVIND Stock   379.45  15.55  4.27%   
Arvind financial indicator trend analysis is way more than just evaluating Arvind Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arvind Limited is a good investment. Please check the relationship between Arvind Non Currrent Assets Other and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arvind 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 board of governors.

Non Currrent Assets Other vs Good Will

Non Currrent Assets Other vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arvind Limited Non Currrent Assets Other account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Arvind's Non Currrent Assets Other and Good Will is 0.62. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Good Will in the same time period over historical financial statements of Arvind Limited, assuming nothing else is changed. The correlation between historical values of Arvind's Non Currrent Assets Other and Good Will 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 Currrent Assets Other of Arvind Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Currrent Assets Other i.e., Arvind's Non Currrent Assets Other and Good Will go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Arvind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arvind 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 Arvind 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 board of governors.
As of November 26, 2024, Selling General Administrative is expected to decline to about 518.5 M. The current year's Discontinued Operations is expected to grow to about (225.3 M)
 2021 2022 2023 2024 (projected)
Gross Profit28.8B39.1B24.4B27.4B
Total Revenue76.0B83.8B74.7B60.1B

Arvind fundamental ratios Correlations

0.64-0.220.970.870.810.650.610.88-0.020.960.38-0.030.630.460.68-0.10.91-0.070.10.950.98-0.020.560.840.68
0.64-0.690.630.240.331.00.010.360.160.610.510.060.80.690.280.430.42-0.620.340.820.63-0.150.740.390.87
-0.22-0.69-0.160.02-0.12-0.710.210.150.15-0.28-0.240.2-0.51-0.540.25-0.48-0.020.780.0-0.32-0.17-0.02-0.51-0.04-0.75
0.970.63-0.160.820.750.630.510.890.110.920.450.080.690.440.72-0.10.9-0.140.150.940.970.060.650.770.68
0.870.240.020.820.830.250.80.8-0.140.880.18-0.120.260.150.68-0.420.880.23-0.070.670.830.050.250.770.39
0.810.33-0.120.750.830.350.750.77-0.230.890.030.010.30.10.72-0.220.640.19-0.420.690.72-0.030.30.770.31
0.651.0-0.710.630.250.350.020.360.090.620.510.00.790.710.270.430.42-0.610.320.820.63-0.150.730.40.88
0.610.010.210.510.80.750.020.61-0.220.66-0.16-0.11-0.13-0.110.7-0.650.610.58-0.360.410.56-0.43-0.180.710.01
0.880.360.150.890.80.770.360.61-0.040.790.250.030.530.270.67-0.150.870.22-0.010.820.90.060.370.880.37
-0.020.160.150.11-0.14-0.230.09-0.22-0.04-0.10.040.880.16-0.120.28-0.02-0.02-0.240.340.10.03-0.020.14-0.110.01
0.960.61-0.280.920.880.890.620.660.79-0.10.32-0.030.520.340.72-0.140.82-0.06-0.030.880.89-0.040.530.770.63
0.380.51-0.240.450.180.030.51-0.160.250.040.32-0.110.510.620.120.230.38-0.40.590.460.40.220.550.080.58
-0.030.060.20.08-0.120.010.0-0.110.030.88-0.03-0.110.07-0.280.370.02-0.13-0.070.010.07-0.020.00.04-0.03-0.18
0.630.8-0.510.690.260.30.79-0.130.530.160.520.510.070.690.130.50.53-0.660.250.790.680.270.770.460.83
0.460.69-0.540.440.150.10.71-0.110.27-0.120.340.62-0.280.69-0.10.510.31-0.520.460.580.510.170.60.30.73
0.680.280.250.720.680.720.270.70.670.280.720.120.370.13-0.1-0.510.580.3-0.090.620.63-0.330.260.550.13
-0.10.43-0.48-0.1-0.42-0.220.43-0.65-0.15-0.02-0.140.230.020.50.51-0.51-0.29-0.570.250.12-0.080.460.3-0.160.29
0.910.42-0.020.90.880.640.420.610.87-0.020.820.38-0.130.530.310.58-0.290.050.170.80.930.020.390.80.58
-0.07-0.620.78-0.140.230.19-0.610.580.22-0.24-0.06-0.4-0.07-0.66-0.520.3-0.570.05-0.27-0.24-0.07-0.3-0.690.23-0.72
0.10.340.00.15-0.07-0.420.32-0.36-0.010.34-0.030.590.010.250.46-0.090.250.17-0.270.210.180.090.31-0.140.34
0.950.82-0.320.940.670.690.820.410.820.10.880.460.070.790.580.620.120.8-0.240.210.95-0.060.670.770.76
0.980.63-0.170.970.830.720.630.560.90.030.890.4-0.020.680.510.63-0.080.93-0.070.180.950.00.550.850.68
-0.02-0.15-0.020.060.05-0.03-0.15-0.430.06-0.02-0.040.220.00.270.17-0.330.460.02-0.30.09-0.060.00.24-0.150.08
0.560.74-0.510.650.250.30.73-0.180.370.140.530.550.040.770.60.260.30.39-0.690.310.670.550.240.160.79
0.840.39-0.040.770.770.770.40.710.88-0.110.770.08-0.030.460.30.55-0.160.80.23-0.140.770.85-0.150.160.38
0.680.87-0.750.680.390.310.880.010.370.010.630.58-0.180.830.730.130.290.58-0.720.340.760.680.080.790.38
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Arvind Account Relationship Matchups

Arvind fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets71.7B67.2B77.0B69.1B72.6B67.8B
Short Long Term Debt Total26.4B21.2B18.6B15.2B14.5B26.0B
Other Current Liab160.6M2.1B4.3B2.8B3.0B1.7B
Total Current Liabilities30.7B26.0B36.4B28.4B31.0B25.2B
Total Stockholder Equity27.1B27.2B29.5B33.5B35.4B25.4B
Property Plant And Equipment Net37.9B35.7B33.2B33.1B33.3B31.2B
Net Debt25.9B20.9B18.1B14.6B13.7B25.4B
Retained Earnings17.8B17.7B20.1B24.1B26.4B27.7B
Accounts Payable12.6B14.0B21.8B12.4B13.8B11.1B
Cash502.4M271.2M597.8M567.9M758.1M651.4M
Non Current Assets Total41.3B38.2B36.6B38.0B37.9B36.7B
Non Currrent Assets Other863.1M872.5M2.2B2.2B367.6M349.2M
Cash And Short Term Investments1.2B860.7M920.9M1.0B644.5M775.7M
Net Receivables16.3B(209.8M)17.4B(406.5M)300K285K
Good Will261.9M267M145.9M89.5M80.6M76.5M
Common Stock Shares Outstanding258.8M258.9M260.8M261.0M261.7M270.3M
Liabilities And Stockholders Equity71.7B67.2B77.0B69.1B72.6B67.8B
Non Current Liabilities Total13.2B13.6B10.6B6.7B4.6B4.4B
Inventory12.8B11.6B22.1B16.5B19.9B15.1B
Other Current Assets157M16.8B17.4B14.1B14.2B14.9B
Other Stockholder Equity(20.4B)5.6B5.7B5.7B5.7B5.5B
Total Liab44.0B39.5B47.0B35.1B36.4B41.7B
Total Current Assets30.4B29.0B40.4B31.2B34.7B31.1B
Accumulated Other Comprehensive Income(9.7B)886.5M801.5M625.9M694.9M729.6M
Common Stock2.6B2.6B2.6B2.6B2.6B2.1B
Intangible Assets964.1M595.8M348M242.2M160.6M152.6M
Current Deferred Revenue3.3B3.0B4.2B2.5B3.4B3.3B
Short Term Debt14.7B8.8B10.2B10.5B10.9B12.5B
Short Term Investments666.3M589.5M323.1M436.3M71.3M67.7M
Other Liab1.5B1.6B1.2B2.2B2.5B1.8B
Net Tangible Assets26.0B25.9B26.5B29.1B33.4B30.6B
Other Assets1.2B950.5M2.3B409.5M1.00.95
Long Term Debt10.1B11.4B7.6B3.8B2.6B2.5B
Short Long Term Debt14.4B6.3B10.0B10.3B10.6B11.2B
Property Plant Equipment37.9B35.7B33.2B33.1B38.0B37.5B
Capital Surpluse5.6B5.6B5.7B5.7B6.6B6.2B
Long Term Debt Total11.7B12.4B8.4B4.7B4.2B7.2B
Non Current Liabilities Other20.6M8.9M100K2.6M500K475K

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Other Information on Investing in Arvind Stock

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