Asian Cash And Short Term Investments vs Other Stockholder Equity Analysis

ASIANPAINT   2,458  33.85  1.36%   
Asian Paints financial indicator trend analysis is way more than just evaluating Asian Paints Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Asian Paints Limited is a good investment. Please check the relationship between Asian Paints Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asian Paints 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.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Paints Limited Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Asian Paints' Cash And Short Term Investments and Other Stockholder Equity is 0.23. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Asian Paints Limited, assuming nothing else is changed. The correlation between historical values of Asian Paints' Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Asian Paints Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Asian Paints' Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Asian Paints Limited balance sheet. This account contains Asian Paints investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Asian Paints Limited 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.

Other Stockholder Equity

Most indicators from Asian Paints' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Asian Paints 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 Asian Paints 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.
The current year's Issuance Of Capital Stock is expected to grow to about 905 M, whereas Selling General Administrative is forecasted to decline to about 347.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense954.1M1.4B2.1B2.2B
Depreciation And Amortization8.2B8.6B8.5B9.0B

Asian Paints fundamental ratios Correlations

0.970.590.991.00.970.920.940.40.970.410.950.980.790.490.970.970.490.040.990.99-0.660.960.870.980.38
0.970.620.940.970.950.950.890.40.940.310.890.950.730.540.980.940.55-0.030.960.95-0.730.980.850.990.3
0.590.620.670.560.460.530.370.580.410.220.620.620.20.350.530.720.230.270.650.69-0.470.680.250.610.02
0.990.940.670.980.940.880.910.440.930.40.940.980.740.460.920.980.430.071.00.99-0.620.950.810.950.39
1.00.970.560.980.970.930.940.380.970.420.950.980.790.490.970.960.50.030.990.98-0.650.960.880.980.39
0.970.950.460.940.970.890.940.410.990.420.870.920.850.530.970.90.54-0.060.960.92-0.710.920.940.940.31
0.920.950.530.880.930.890.850.150.890.330.870.920.730.480.940.890.550.00.90.91-0.650.940.80.960.37
0.940.890.370.910.940.940.850.330.940.430.910.90.780.460.90.860.420.080.920.91-0.620.870.850.910.35
0.40.40.580.440.380.410.150.330.350.160.380.350.090.370.410.430.280.210.440.42-0.490.40.280.39-0.27
0.970.940.410.930.970.990.890.940.350.440.870.920.870.50.960.890.53-0.070.950.91-0.660.910.950.930.37
0.410.310.220.40.420.420.330.430.160.440.430.310.60.340.340.320.050.470.390.38-0.450.410.510.32-0.26
0.950.890.620.940.950.870.870.910.380.870.430.930.670.450.90.920.360.230.950.97-0.610.890.730.940.32
0.980.950.620.980.980.920.920.90.350.920.310.930.690.430.930.980.430.040.980.98-0.570.950.80.970.5
0.790.730.20.740.790.850.730.780.090.870.60.670.690.440.770.670.41-0.040.760.71-0.580.70.910.710.23
0.490.540.350.460.490.530.480.460.370.50.340.450.430.440.540.420.260.20.490.47-0.890.540.530.53-0.23
0.970.980.530.920.970.970.940.90.410.960.340.90.930.770.540.910.62-0.010.950.94-0.730.940.880.980.29
0.970.940.720.980.960.90.890.860.430.890.320.920.980.670.420.910.490.010.980.98-0.550.950.740.950.46
0.490.550.230.430.50.540.550.420.280.530.050.360.430.410.260.620.49-0.40.470.45-0.340.490.440.510.2
0.04-0.030.270.070.03-0.060.00.080.21-0.070.470.230.04-0.040.2-0.010.01-0.40.060.11-0.270.07-0.040.07-0.42
0.990.960.651.00.990.960.90.920.440.950.390.950.980.760.490.950.980.470.060.99-0.650.960.830.970.37
0.990.950.690.990.980.920.910.910.420.910.380.970.980.710.470.940.980.450.110.99-0.630.960.780.970.38
-0.66-0.73-0.47-0.62-0.65-0.71-0.65-0.62-0.49-0.66-0.45-0.61-0.57-0.58-0.89-0.73-0.55-0.34-0.27-0.65-0.63-0.72-0.71-0.710.32
0.960.980.680.950.960.920.940.870.40.910.410.890.950.70.540.940.950.490.070.960.96-0.720.830.970.28
0.870.850.250.810.880.940.80.850.280.950.510.730.80.910.530.880.740.44-0.040.830.78-0.710.830.840.24
0.980.990.610.950.980.940.960.910.390.930.320.940.970.710.530.980.950.510.070.970.97-0.710.970.840.34
0.380.30.020.390.390.310.370.35-0.270.37-0.260.320.50.23-0.230.290.460.2-0.420.370.380.320.280.240.34
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Asian Paints Account Relationship Matchups

Asian Paints fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets161.5B203.7B229.8B258.0B299.2B314.2B
Short Long Term Debt Total11.2B10.9B15.9B19.3B24.7B26.0B
Other Current Liab1.3M5.8M44.1B28.6B30.7B32.2B
Total Current Liabilities43.8B59.3B75.7B79.0B85.0B89.3B
Total Stockholder Equity101.3B128.1B138.1B159.9B187.3B196.6B
Property Plant And Equipment Net58.3B55.0B55.2B63.7B90.0B94.5B
Net Debt5.5B7.5B9.7B14.1B16.5B17.3B
Accounts Payable21.7B34.0B20.1B36.4B38.3B40.2B
Cash5.6B3.5B6.2B5.2B8.3B8.7B
Non Current Assets Total85.7B83.4B78.3B92.6B123.9B130.1B
Non Currrent Assets Other6.3B8.1B7.4B8.8B19.2B20.2B
Cash And Short Term Investments15.4B47.6B40.3B51.3B54.3B57.0B
Net Receivables23.0B34.7B45.9B50.7B49.1B51.6B
Good Will3.2B3.0B2.4B2.3B4.2B4.4B
Liabilities And Stockholders Equity161.5B203.7B229.8B258.0B299.2B314.2B
Non Current Liabilities Total12.4B12.1B12.1B14.6B20.0B21.0B
Inventory33.9B38.0B61.5B62.1B59.2B62.2B
Other Current Assets26.5B4.5M3.7B17.5B12.7B13.4B
Other Stockholder Equity(100.3B)48.4B(750M)(1.1B)45.9B48.2B
Total Liab56.2B71.4B87.9B93.5B105.0B110.3B
Total Current Assets75.8B120.3B151.5B165.4B175.4B184.1B
Accumulated Other Comprehensive Income(18.0B)48.4B46.0B46.4B47.0B49.4B
Short Term Debt5.1B5.2B9.4B11.3B13.2B13.9B
Intangible Assets2.7B2.3B1.9B1.9B4.2B4.5B
Retained Earnings52.0B78.7B91.9B113.7B140.4B147.4B
Current Deferred Revenue17.0B20.1B24.4B26.7B1.5B1.5B
Short Term Investments9.8B44.1B34.0B46.1B46.0B24.1B
Other Liab7.1B6.3B6.4B5.7B6.6B5.7B
Net Tangible Assets88.8B95.4B122.7B133.8B153.9B89.8B
Other Assets6.4B8.3B7.7B2.2B2.5B5.0B
Long Term Debt186.3M145.3M445.4M761.5M543.8M350.4M
Short Long Term Debt3.4B3.3B7.3B9.0B10.5B11.1B
Property Plant Equipment58.3B55.0B55.2B63.7B73.3B49.6B
Long Term Debt Total6.1B5.8B6.4B8.1B9.3B9.7B
Capital Lease Obligations7.6B7.4B8.1B9.6B13.7B14.4B
Cash And Equivalents243.2M260.6M627.1M583.8M671.4M537.1M
Net Invested Capital104.8B131.5B145.9B169.6B198.4B147.9B
Net Working Capital32.0B61.0B75.8B86.4B90.4B62.3B

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Other Information on Investing in Asian Stock

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