Asian Net Debt vs Cash Analysis

ASIANPAINT

2,480 21.55 0.88%

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 Net Debt and its Cash 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Paints Limited Net Debt account and Cash. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Asian Paints' Net Debt and Cash is 0.15. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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' Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Asian Paints Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Asian Paints' Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

0.15

Relationship Direction	Positive
Relationship Strength	Insignificant

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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.

Cash

Cash refers to the most liquid asset of Asian Paints Limited, which is listed under current asset account on Asian Paints Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Asian Paints customers. The amounts must be unrestricted with restricted cash listed in a different Asian Paints account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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 Expense	954.1M	1.4B	2.1B	2.2B
Depreciation And Amortization	8.2B	8.6B	8.5B	9.0B

Interest Expense Depreciation And Amortization

Asian Paints 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	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	Retained Earnings	Current Deferred Revenue
Total Assets		0.97	0.59	0.99	1.0	0.97	0.92	0.94	0.4	0.97	0.41	0.95	0.98	0.79	0.49	0.97	0.97	0.49	0.04	0.99	0.99	-0.66	0.96	0.87	0.98	0.38
Short Long Term Debt Total	0.97		0.62	0.94	0.97	0.95	0.95	0.89	0.4	0.94	0.31	0.89	0.95	0.73	0.54	0.98	0.94	0.55	-0.03	0.96	0.95	-0.73	0.98	0.85	0.99	0.3
Other Current Liab	0.59	0.62		0.67	0.56	0.46	0.53	0.37	0.58	0.41	0.22	0.62	0.62	0.2	0.35	0.53	0.72	0.23	0.27	0.65	0.69	-0.47	0.68	0.25	0.61	0.02
Total Current Liabilities	0.99	0.94	0.67		0.98	0.94	0.88	0.91	0.44	0.93	0.4	0.94	0.98	0.74	0.46	0.92	0.98	0.43	0.07	1.0	0.99	-0.62	0.95	0.81	0.95	0.39
Total Stockholder Equity	1.0	0.97	0.56	0.98		0.97	0.93	0.94	0.38	0.97	0.42	0.95	0.98	0.79	0.49	0.97	0.96	0.5	0.03	0.99	0.98	-0.65	0.96	0.88	0.98	0.39
Property Plant And Equipment Net	0.97	0.95	0.46	0.94	0.97		0.89	0.94	0.41	0.99	0.42	0.87	0.92	0.85	0.53	0.97	0.9	0.54	-0.06	0.96	0.92	-0.71	0.92	0.94	0.94	0.31
Net Debt	0.92	0.95	0.53	0.88	0.93	0.89		0.85	0.15	0.89	0.33	0.87	0.92	0.73	0.48	0.94	0.89	0.55	0.0	0.9	0.91	-0.65	0.94	0.8	0.96	0.37
Accounts Payable	0.94	0.89	0.37	0.91	0.94	0.94	0.85		0.33	0.94	0.43	0.91	0.9	0.78	0.46	0.9	0.86	0.42	0.08	0.92	0.91	-0.62	0.87	0.85	0.91	0.35
Cash	0.4	0.4	0.58	0.44	0.38	0.41	0.15	0.33		0.35	0.16	0.38	0.35	0.09	0.37	0.41	0.43	0.28	0.21	0.44	0.42	-0.49	0.4	0.28	0.39	-0.27
Non Current Assets Total	0.97	0.94	0.41	0.93	0.97	0.99	0.89	0.94	0.35		0.44	0.87	0.92	0.87	0.5	0.96	0.89	0.53	-0.07	0.95	0.91	-0.66	0.91	0.95	0.93	0.37
Non Currrent Assets Other	0.41	0.31	0.22	0.4	0.42	0.42	0.33	0.43	0.16	0.44		0.43	0.31	0.6	0.34	0.34	0.32	0.05	0.47	0.39	0.38	-0.45	0.41	0.51	0.32	-0.26
Cash And Short Term Investments	0.95	0.89	0.62	0.94	0.95	0.87	0.87	0.91	0.38	0.87	0.43		0.93	0.67	0.45	0.9	0.92	0.36	0.23	0.95	0.97	-0.61	0.89	0.73	0.94	0.32
Net Receivables	0.98	0.95	0.62	0.98	0.98	0.92	0.92	0.9	0.35	0.92	0.31	0.93		0.69	0.43	0.93	0.98	0.43	0.04	0.98	0.98	-0.57	0.95	0.8	0.97	0.5
Good Will	0.79	0.73	0.2	0.74	0.79	0.85	0.73	0.78	0.09	0.87	0.6	0.67	0.69		0.44	0.77	0.67	0.41	-0.04	0.76	0.71	-0.58	0.7	0.91	0.71	0.23
Common Stock Shares Outstanding	0.49	0.54	0.35	0.46	0.49	0.53	0.48	0.46	0.37	0.5	0.34	0.45	0.43	0.44		0.54	0.42	0.26	0.2	0.49	0.47	-0.89	0.54	0.53	0.53	-0.23
Non Current Liabilities Total	0.97	0.98	0.53	0.92	0.97	0.97	0.94	0.9	0.41	0.96	0.34	0.9	0.93	0.77	0.54		0.91	0.62	-0.01	0.95	0.94	-0.73	0.94	0.88	0.98	0.29
Inventory	0.97	0.94	0.72	0.98	0.96	0.9	0.89	0.86	0.43	0.89	0.32	0.92	0.98	0.67	0.42	0.91		0.49	0.01	0.98	0.98	-0.55	0.95	0.74	0.95	0.46
Other Current Assets	0.49	0.55	0.23	0.43	0.5	0.54	0.55	0.42	0.28	0.53	0.05	0.36	0.43	0.41	0.26	0.62	0.49		-0.4	0.47	0.45	-0.34	0.49	0.44	0.51	0.2
Other Stockholder Equity	0.04	-0.03	0.27	0.07	0.03	-0.06	0.0	0.08	0.21	-0.07	0.47	0.23	0.04	-0.04	0.2	-0.01	0.01	-0.4		0.06	0.11	-0.27	0.07	-0.04	0.07	-0.42
Total Liab	0.99	0.96	0.65	1.0	0.99	0.96	0.9	0.92	0.44	0.95	0.39	0.95	0.98	0.76	0.49	0.95	0.98	0.47	0.06		0.99	-0.65	0.96	0.83	0.97	0.37
Total Current Assets	0.99	0.95	0.69	0.99	0.98	0.92	0.91	0.91	0.42	0.91	0.38	0.97	0.98	0.71	0.47	0.94	0.98	0.45	0.11	0.99		-0.63	0.96	0.78	0.97	0.38
Common Stock	-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	-0.71	0.32
Short Term Debt	0.96	0.98	0.68	0.95	0.96	0.92	0.94	0.87	0.4	0.91	0.41	0.89	0.95	0.7	0.54	0.94	0.95	0.49	0.07	0.96	0.96	-0.72		0.83	0.97	0.28
Intangible Assets	0.87	0.85	0.25	0.81	0.88	0.94	0.8	0.85	0.28	0.95	0.51	0.73	0.8	0.91	0.53	0.88	0.74	0.44	-0.04	0.83	0.78	-0.71	0.83		0.84	0.24
Retained Earnings	0.98	0.99	0.61	0.95	0.98	0.94	0.96	0.91	0.39	0.93	0.32	0.94	0.97	0.71	0.53	0.98	0.95	0.51	0.07	0.97	0.97	-0.71	0.97	0.84		0.34
Current Deferred Revenue	0.38	0.3	0.02	0.39	0.39	0.31	0.37	0.35	-0.27	0.37	-0.26	0.32	0.5	0.23	-0.23	0.29	0.46	0.2	-0.42	0.37	0.38	0.32	0.28	0.24	0.34

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Asian Paints Account Relationship Matchups

Asian Paints fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	161.5B	203.7B	229.8B	258.0B	299.2B	314.2B
Short Long Term Debt Total	11.2B	10.9B	15.9B	19.3B	24.7B	26.0B
Other Current Liab	1.3M	5.8M	44.1B	28.6B	30.7B	32.2B
Total Current Liabilities	43.8B	59.3B	75.7B	79.0B	85.0B	89.3B
Total Stockholder Equity	101.3B	128.1B	138.1B	159.9B	187.3B	196.6B
Property Plant And Equipment Net	58.3B	55.0B	55.2B	63.7B	90.0B	94.5B
Net Debt	5.5B	7.5B	9.7B	14.1B	16.5B	17.3B
Accounts Payable	21.7B	34.0B	20.1B	36.4B	38.3B	40.2B
Cash	5.6B	3.5B	6.2B	5.2B	8.3B	8.7B
Non Current Assets Total	85.7B	83.4B	78.3B	92.6B	123.9B	130.1B
Non Currrent Assets Other	6.3B	8.1B	7.4B	8.8B	19.2B	20.2B
Cash And Short Term Investments	15.4B	47.6B	40.3B	51.3B	54.3B	57.0B
Net Receivables	23.0B	34.7B	45.9B	50.7B	49.1B	51.6B
Good Will	3.2B	3.0B	2.4B	2.3B	4.2B	4.4B
Liabilities And Stockholders Equity	161.5B	203.7B	229.8B	258.0B	299.2B	314.2B
Non Current Liabilities Total	12.4B	12.1B	12.1B	14.6B	20.0B	21.0B
Inventory	33.9B	38.0B	61.5B	62.1B	59.2B	62.2B
Other Current Assets	26.5B	4.5M	3.7B	17.5B	12.7B	13.4B
Other Stockholder Equity	(100.3B)	48.4B	(750M)	(1.1B)	45.9B	48.2B
Total Liab	56.2B	71.4B	87.9B	93.5B	105.0B	110.3B
Total Current Assets	75.8B	120.3B	151.5B	165.4B	175.4B	184.1B
Accumulated Other Comprehensive Income	(18.0B)	48.4B	46.0B	46.4B	47.0B	49.4B
Short Term Debt	5.1B	5.2B	9.4B	11.3B	13.2B	13.9B
Intangible Assets	2.7B	2.3B	1.9B	1.9B	4.2B	4.5B
Retained Earnings	52.0B	78.7B	91.9B	113.7B	140.4B	147.4B
Current Deferred Revenue	17.0B	20.1B	24.4B	26.7B	1.5B	1.5B
Short Term Investments	9.8B	44.1B	34.0B	46.1B	46.0B	24.1B
Other Liab	7.1B	6.3B	6.4B	5.7B	6.6B	5.7B
Net Tangible Assets	88.8B	95.4B	122.7B	133.8B	153.9B	89.8B
Other Assets	6.4B	8.3B	7.7B	2.2B	2.5B	5.0B
Long Term Debt	186.3M	145.3M	445.4M	761.5M	543.8M	350.4M
Short Long Term Debt	3.4B	3.3B	7.3B	9.0B	10.5B	11.1B
Property Plant Equipment	58.3B	55.0B	55.2B	63.7B	73.3B	49.6B
Long Term Debt Total	6.1B	5.8B	6.4B	8.1B	9.3B	9.7B
Capital Lease Obligations	7.6B	7.4B	8.1B	9.6B	13.7B	14.4B
Cash And Equivalents	243.2M	260.6M	627.1M	583.8M	671.4M	537.1M
Net Invested Capital	104.8B	131.5B	145.9B	169.6B	198.4B	147.9B
Net Working Capital	32.0B	61.0B	75.8B	86.4B	90.4B	62.3B

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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.

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Asian Net Debt vs Cash Analysis

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

Correlation Coefficient

Net Debt

Cash

Asian Paints fundamental ratios Correlations

Asian Paints Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asian Paints fundamental ratios Accounts

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Other Information on Investing in Asian Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Short Long Term Debt Total

Common Stock	- 0.89	Common Stock Shares Outstanding
Common Stock	- 0.73	Non Current Liabilities Total
Common Stock	- 0.73	Short Long Term Debt Total
Short Term Debt	- 0.72	Common Stock
Retained Earnings	- 0.71	Common Stock
Intangible Assets	- 0.71	Common Stock