Asian Net Debt vs Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net

Net Debt vs Property Plant And Equipment Net 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 Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Asian Paints' Net Debt and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net 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 Property Plant And Equipment Net 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 Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Asian Paints' Net Debt and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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.