Adani Current Deferred Revenue vs Total Stockholder Equity Analysis

ATGL Stock   717.50  2.05  0.29%   
Adani Total financial indicator trend analysis is way more than just evaluating Adani Total Gas prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adani Total Gas is a good investment. Please check the relationship between Adani Total Current Deferred Revenue and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adani Total Gas. 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.

Current Deferred Revenue vs Total Stockholder Equity

Current Deferred Revenue vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adani Total Gas Current Deferred Revenue account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Adani Total's Current Deferred Revenue and Total Stockholder Equity is 0.44. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Adani Total Gas, assuming nothing else is changed. The correlation between historical values of Adani Total's Current Deferred Revenue and Total 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 Current Deferred Revenue of Adani Total Gas are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Current Deferred Revenue i.e., Adani Total's Current Deferred Revenue and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Adani Total's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adani Total Gas 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 Adani Total Gas. 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.
Selling General Administrative is likely to drop to about 268.2 M in 2024. Tax Provision is likely to drop to about 1.6 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense482.9M784.3M1.1B610.1M
Depreciation And Amortization827.3M1.1B1.6B836.8M

Adani Total fundamental ratios Correlations

0.970.90.910.890.880.960.90.76-0.190.90.870.390.70.63-0.410.490.60.990.310.990.710.830.72-0.790.58
0.970.810.910.840.860.990.840.79-0.190.860.80.460.740.6-0.40.550.590.980.320.990.740.90.67-0.640.51
0.90.810.940.970.940.830.970.76-0.190.970.970.210.730.64-0.620.350.440.870.240.860.560.710.84-0.820.57
0.910.910.940.950.960.920.950.86-0.190.970.920.430.820.58-0.60.550.40.920.250.920.630.880.78-0.720.58
0.890.840.970.950.990.841.00.87-0.041.00.980.30.80.74-0.730.350.540.880.290.880.640.710.91-0.790.44
0.880.860.940.960.990.850.990.920.010.990.960.370.830.75-0.760.390.550.890.280.880.640.740.91-0.720.4
0.960.990.830.920.840.850.840.75-0.320.860.790.410.750.53-0.370.580.520.970.320.980.720.930.64-0.640.56
0.90.840.970.951.00.990.840.87-0.041.00.980.30.80.74-0.730.350.540.880.290.880.640.710.9-0.790.44
0.760.790.760.860.870.920.750.870.20.880.820.560.820.77-0.790.460.590.780.360.790.710.670.85-0.520.18
-0.19-0.19-0.19-0.19-0.040.01-0.32-0.040.2-0.06-0.010.21-0.140.43-0.35-0.360.31-0.18-0.08-0.19-0.06-0.410.190.07-0.53
0.90.860.970.971.00.990.861.00.88-0.060.980.320.810.72-0.720.380.520.90.230.890.60.750.89-0.760.46
0.870.80.970.920.980.960.790.980.82-0.010.980.220.760.73-0.720.260.50.840.230.840.580.650.91-0.810.45
0.390.460.210.430.30.370.410.30.560.210.320.220.190.16-0.040.840.10.430.270.440.410.560.11-0.240.39
0.70.740.730.820.80.830.750.80.82-0.140.810.760.190.51-0.710.30.440.730.160.730.620.690.77-0.470.18
0.630.60.640.580.740.750.530.740.770.430.720.730.160.51-0.78-0.060.860.620.370.620.580.260.88-0.45-0.14
-0.41-0.4-0.62-0.6-0.73-0.76-0.37-0.73-0.79-0.35-0.72-0.72-0.04-0.71-0.780.09-0.51-0.41-0.22-0.41-0.42-0.22-0.90.340.21
0.490.550.350.550.350.390.580.350.46-0.360.380.260.840.3-0.060.09-0.070.520.310.540.440.770.04-0.290.67
0.60.590.440.40.540.550.520.540.590.310.520.50.10.440.86-0.51-0.070.60.510.60.720.230.64-0.37-0.24
0.990.980.870.920.880.890.970.880.78-0.180.90.840.430.730.62-0.410.520.60.290.990.710.870.69-0.730.55
0.310.320.240.250.290.280.320.290.36-0.080.230.230.270.160.37-0.220.310.510.290.330.80.210.25-0.26-0.03
0.990.990.860.920.880.880.980.880.79-0.190.890.840.440.730.62-0.410.540.60.990.330.740.870.7-0.730.55
0.710.740.560.630.640.640.720.640.71-0.060.60.580.410.620.58-0.420.440.720.710.80.740.590.56-0.530.14
0.830.90.710.880.710.740.930.710.67-0.410.750.650.560.690.26-0.220.770.230.870.210.870.590.43-0.520.68
0.720.670.840.780.910.910.640.90.850.190.890.910.110.770.88-0.90.040.640.690.250.70.560.43-0.610.08
-0.79-0.64-0.82-0.72-0.79-0.72-0.64-0.79-0.520.07-0.76-0.81-0.24-0.47-0.450.34-0.29-0.37-0.73-0.26-0.73-0.53-0.52-0.61-0.63
0.580.510.570.580.440.40.560.440.18-0.530.460.450.390.18-0.140.210.67-0.240.55-0.030.550.140.680.08-0.63
Click cells to compare fundamentals

Adani Total Account Relationship Matchups

Adani Total fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.8B32.0B44.2B56.5B65.9B33.4B
Short Long Term Debt Total4.3B5.3B10.4B14.2B15.6B7.8B
Other Current Liab4.4B5.9B7.4B7.7B8.7B9.1B
Total Current Liabilities5.9B8.1B14.6B21.9B18.1B19.0B
Total Stockholder Equity14.7B19.3B24.2B29.4B35.8B37.6B
Property Plant And Equipment Net15.1B20.4B28.7B39.2B46.3B48.6B
Net Debt3.4B5.2B10.0B14.1B14.2B7.1B
Retained Earnings12.1B16.8B21.6B26.8B33.2B34.8B
Accounts Payable423.6M324.1M673.7M3.1B3.4B3.6B
Cash886.2M102.3M311.3M120.4M1.4B1.4B
Non Current Assets Total19.2B29.8B40.5B47.9B55.6B58.4B
Non Currrent Assets Other855.1M803.5M1.2B1.2B1.8B1.9B
Cash And Short Term Investments886.5M102.6M312.7M4.3B1.4B1.2B
Net Receivables781.4M1.2B2.2B3.2B4.1B4.3B
Liabilities And Stockholders Equity24.8B32.0B44.2B56.5B65.9B33.4B
Non Current Liabilities Total4.1B4.6B5.3B5.1B12.0B6.6B
Inventory413M520.1M767.8M909.6M991.7M615.1M
Other Current Assets3.5B404.3M376.5M4.0B3.8B2.9B
Total Liab10.1B12.7B20.0B27.0B30.1B15.6B
Total Current Assets5.6B2.2B3.6B8.6B10.3B6.1B
Short Term Debt1.1B1.8B6.5B11.1B6.0B3.8B
Intangible Assets75M101.7M76.2M86.7M230.4M241.9M
Current Deferred Revenue3.6B4.4B5.4B7.5B308.6M293.2M
Other Liab956M1.2B1.5B2.0B1.8B1.5B
Net Tangible Assets14.4B19.0B23.8B29.1B33.4B17.6B
Other Assets966.2M4.5B4.8B1.5B1.4B2.6B
Long Term Debt3.0B3.1B3.5B2.7B8.8B9.3B
Short Long Term Debt1.1B1.2B6.4B11.0B5.9B4.0B
Property Plant Equipment15.1B20.4B28.7B39.2B45.1B47.3B
Net Invested Capital18.7B23.6B34.1B43.1B50.5B31.0B
Net Working Capital(330.2M)(5.8B)(11.0B)(13.4B)(7.8B)(7.4B)
Capital Lease Obligations252.5M408.4M396.9M502M857.6M443.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Adani Stock Analysis

When running Adani Total's price analysis, check to measure Adani Total's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adani Total is operating at the current time. Most of Adani Total's value examination focuses on studying past and present price action to predict the probability of Adani Total's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adani Total's price. Additionally, you may evaluate how the addition of Adani Total to your portfolios can decrease your overall portfolio volatility.