Asian Total Assets vs Net Debt Analysis

ASIANPAINT

2,410 15.90 0.66%

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 Total Assets and its Net Debt 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.

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Asian Paints Limited Total Assets account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Asian Paints' Total Assets and Net Debt is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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' Total Assets 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 Assets of Asian Paints 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 Assets i.e., Asian Paints' Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Assets

Total assets refers to the total amount of Asian Paints assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Asian Paints Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 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 312.6 M.

	2022	2023	2024	2025 (projected)
Interest Expense	1.4B	2.1B	2.4B	2.5B
Depreciation And Amortization	8.6B	8.5B	9.8B	10.3B

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		0.98	0.68	0.99	1.0	0.98	0.94	0.96	0.56	0.98	0.55	0.96	0.98	0.85	0.66	0.98	0.97	0.56	0.11	1.0	0.99	-0.66	0.97	0.91	0.98	0.2
Short Long Term Debt Total	0.98		0.7	0.96	0.98	0.97	0.96	0.92	0.56	0.96	0.47	0.92	0.96	0.81	0.7	0.98	0.95	0.61	0.05	0.97	0.97	-0.69	0.99	0.9	0.99	0.13
Other Current Liab	0.68	0.7		0.74	0.66	0.58	0.63	0.51	0.66	0.54	0.36	0.7	0.7	0.38	0.51	0.64	0.78	0.34	0.3	0.72	0.75	-0.51	0.75	0.43	0.7	-0.07
Total Current Liabilities	0.99	0.96	0.74		0.98	0.96	0.91	0.94	0.59	0.95	0.54	0.96	0.98	0.82	0.65	0.95	0.99	0.51	0.14	1.0	0.99	-0.64	0.96	0.87	0.97	0.21
Total Stockholder Equity	1.0	0.98	0.66	0.98		0.98	0.95	0.96	0.54	0.98	0.55	0.96	0.98	0.85	0.66	0.98	0.97	0.57	0.1	0.99	0.99	-0.65	0.97	0.92	0.98	0.21
Property Plant And Equipment Net	0.98	0.97	0.58	0.96	0.98		0.92	0.95	0.57	0.99	0.56	0.9	0.94	0.89	0.7	0.98	0.92	0.6	0.03	0.97	0.94	-0.69	0.95	0.96	0.96	0.13
Net Debt	0.94	0.96	0.63	0.91	0.95	0.92		0.89	0.35	0.92	0.47	0.91	0.94	0.81	0.64	0.96	0.92	0.61	0.07	0.93	0.94	-0.62	0.95	0.86	0.97	0.21
Accounts Payable	0.96	0.92	0.51	0.94	0.96	0.95	0.89		0.5	0.96	0.56	0.94	0.93	0.84	0.64	0.93	0.9	0.51	0.15	0.95	0.93	-0.64	0.91	0.9	0.93	0.18
Cash	0.56	0.56	0.66	0.59	0.54	0.57	0.35	0.5		0.52	0.33	0.54	0.51	0.32	0.56	0.57	0.57	0.39	0.25	0.59	0.57	-0.55	0.56	0.47	0.55	-0.33
Non Current Assets Total	0.98	0.96	0.54	0.95	0.98	0.99	0.92	0.96	0.52		0.57	0.91	0.94	0.9	0.67	0.97	0.92	0.59	0.02	0.96	0.94	-0.66	0.94	0.97	0.95	0.18
Non Currrent Assets Other	0.55	0.47	0.36	0.54	0.55	0.56	0.47	0.56	0.33	0.57		0.56	0.46	0.69	0.51	0.5	0.46	0.18	0.48	0.53	0.52	-0.51	0.55	0.62	0.48	-0.32
Cash And Short Term Investments	0.96	0.92	0.7	0.96	0.96	0.9	0.91	0.94	0.54	0.91	0.56		0.95	0.76	0.63	0.93	0.94	0.46	0.27	0.96	0.98	-0.62	0.92	0.81	0.95	0.16
Net Receivables	0.98	0.96	0.7	0.98	0.98	0.94	0.94	0.93	0.51	0.94	0.46	0.95		0.77	0.6	0.94	0.98	0.51	0.1	0.98	0.99	-0.59	0.96	0.85	0.98	0.32
Good Will	0.85	0.81	0.38	0.82	0.85	0.89	0.81	0.84	0.32	0.9	0.69	0.76	0.77		0.62	0.84	0.76	0.5	0.04	0.83	0.79	-0.61	0.79	0.93	0.79	0.08
Common Stock Shares Outstanding	0.66	0.7	0.51	0.65	0.66	0.7	0.64	0.64	0.56	0.67	0.51	0.63	0.6	0.62		0.7	0.59	0.39	0.22	0.67	0.64	-0.85	0.7	0.69	0.69	-0.29
Non Current Liabilities Total	0.98	0.98	0.64	0.95	0.98	0.98	0.96	0.93	0.57	0.97	0.5	0.93	0.94	0.84	0.7		0.94	0.66	0.07	0.97	0.96	-0.69	0.96	0.92	0.99	0.12
Inventory	0.97	0.95	0.78	0.99	0.97	0.92	0.92	0.9	0.57	0.92	0.46	0.94	0.98	0.76	0.59	0.94		0.56	0.08	0.98	0.99	-0.59	0.96	0.81	0.96	0.29
Other Current Assets	0.56	0.61	0.34	0.51	0.57	0.6	0.61	0.51	0.39	0.59	0.18	0.46	0.51	0.5	0.39	0.66	0.56		-0.34	0.55	0.53	-0.38	0.56	0.52	0.58	0.12
Other Stockholder Equity	0.11	0.05	0.3	0.14	0.1	0.03	0.07	0.15	0.25	0.02	0.48	0.27	0.1	0.04	0.22	0.07	0.08	-0.34		0.12	0.17	-0.22	0.14	0.05	0.13	-0.43
Total Liab	1.0	0.97	0.72	1.0	0.99	0.97	0.93	0.95	0.59	0.96	0.53	0.96	0.98	0.83	0.67	0.97	0.98	0.55	0.12		0.99	-0.66	0.97	0.88	0.98	0.19
Total Current Assets	0.99	0.97	0.75	0.99	0.99	0.94	0.94	0.93	0.57	0.94	0.52	0.98	0.99	0.79	0.64	0.96	0.99	0.53	0.17	0.99		-0.64	0.97	0.85	0.98	0.2
Common Stock	-0.66	-0.69	-0.51	-0.64	-0.65	-0.69	-0.62	-0.64	-0.55	-0.66	-0.51	-0.62	-0.59	-0.61	-0.85	-0.69	-0.59	-0.38	-0.22	-0.66	-0.64		-0.69	-0.68	-0.67	0.28
Short Term Debt	0.97	0.99	0.75	0.96	0.97	0.95	0.95	0.91	0.56	0.94	0.55	0.92	0.96	0.79	0.7	0.96	0.96	0.56	0.14	0.97	0.97	-0.69		0.88	0.98	0.11
Intangible Assets	0.91	0.9	0.43	0.87	0.92	0.96	0.86	0.9	0.47	0.97	0.62	0.81	0.85	0.93	0.69	0.92	0.81	0.52	0.05	0.88	0.85	-0.68	0.88		0.89	0.08
Retained Earnings	0.98	0.99	0.7	0.97	0.98	0.96	0.97	0.93	0.55	0.95	0.48	0.95	0.98	0.79	0.69	0.99	0.96	0.58	0.13	0.98	0.98	-0.67	0.98	0.89		0.16
Current Deferred Revenue	0.2	0.13	-0.07	0.21	0.21	0.13	0.21	0.18	-0.33	0.18	-0.32	0.16	0.32	0.08	-0.29	0.12	0.29	0.12	-0.43	0.19	0.2	0.28	0.11	0.08	0.16

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Asian Paints Account Relationship Matchups

Asian Paints fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	203.7B	229.8B	258.0B	299.2B	344.1B	361.3B
Short Long Term Debt Total	10.9B	15.9B	19.3B	24.7B	28.5B	29.9B
Other Current Liab	5.8M	44.1B	28.6B	30.7B	35.3B	37.1B
Total Current Liabilities	59.3B	75.7B	79.0B	85.0B	97.8B	102.6B
Total Stockholder Equity	128.1B	138.1B	159.9B	187.3B	215.4B	226.1B
Property Plant And Equipment Net	55.0B	55.2B	63.7B	90.0B	103.5B	108.7B
Net Debt	7.5B	9.7B	14.1B	16.5B	18.9B	19.9B
Accounts Payable	34.0B	20.1B	36.4B	38.3B	44.1B	46.3B
Cash	3.5B	6.2B	5.2B	8.3B	9.5B	10.0B
Non Current Assets Total	83.4B	78.3B	92.6B	123.9B	142.5B	149.6B
Non Currrent Assets Other	8.1B	7.4B	8.8B	19.2B	22.1B	23.2B
Cash And Short Term Investments	47.6B	40.3B	51.3B	54.3B	62.4B	65.5B
Net Receivables	34.7B	45.9B	50.7B	49.1B	56.5B	59.3B
Good Will	3.0B	2.4B	2.3B	4.2B	4.8B	5.1B
Liabilities And Stockholders Equity	203.7B	229.8B	258.0B	299.2B	344.1B	361.3B
Non Current Liabilities Total	12.1B	12.1B	14.6B	20.0B	23.0B	24.1B
Inventory	38.0B	61.5B	62.1B	59.2B	68.1B	71.5B
Other Current Assets	4.5M	3.7B	17.5B	12.7B	14.7B	15.4B
Other Stockholder Equity	48.4B	(750M)	(1.1B)	45.9B	41.3B	43.4B
Total Liab	71.4B	87.9B	93.5B	105.0B	120.8B	126.8B
Total Current Assets	120.3B	151.5B	165.4B	175.4B	201.7B	211.8B
Accumulated Other Comprehensive Income	48.4B	46.0B	46.4B	47.0B	54.1B	56.8B
Short Term Debt	5.2B	9.4B	11.3B	13.2B	15.2B	16.0B
Intangible Assets	2.3B	1.9B	1.9B	4.2B	4.9B	5.1B
Retained Earnings	78.7B	91.9B	113.7B	140.4B	161.4B	169.5B
Current Deferred Revenue	20.1B	24.4B	26.7B	1.5B	1.8B	1.7B
Short Term Investments	44.1B	34.0B	46.1B	46.0B	52.9B	55.5B
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	145.3M	445.4M	761.5M	543.8M	489.4M	350.4M
Short Long Term Debt	3.3B	7.3B	9.0B	10.5B	12.1B	12.7B
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	7.4B	8.1B	9.6B	13.7B	15.7B	16.5B
Cash And Equivalents	243.2M	260.6M	627.1M	583.8M	671.4M	537.1M
Net Invested Capital	131.5B	145.9B	169.6B	198.4B	228.1B	147.9B

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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 Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

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

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

Common Stock	- 0.85	Common Stock Shares Outstanding
Short Term Debt	- 0.69	Common Stock
Common Stock	- 0.69	Non Current Liabilities Total
Common Stock	- 0.69	Property Plant And Equipment Net
Common Stock	- 0.69	Short Long Term Debt Total
Intangible Assets	- 0.68	Common Stock