Bata Other Stockholder Equity vs Other Current Liab Analysis

BATAINDIA   1,411  48.60  3.57%   
Bata India financial indicator trend analysis is way more than just evaluating Bata India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bata India Limited is a good investment. Please check the relationship between Bata India Other Stockholder Equity and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bata India 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 gross domestic product.

Other Stockholder Equity vs Other Current Liab

Other Stockholder Equity vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bata India Limited Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bata India's Other Stockholder Equity and Other Current Liab is -0.41. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Bata India Limited, assuming nothing else is changed. The correlation between historical values of Bata India's Other Stockholder Equity and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Bata India Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Bata India's Other Stockholder Equity and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Stockholder Equity

Other Current Liab

Most indicators from Bata India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bata India 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 Bata India 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 gross domestic product.
As of December 1, 2024, Selling General Administrative is expected to decline to about 647.1 M. In addition to that, Tax Provision is expected to decline to about 655.5 M
 2021 2022 2023 2024 (projected)
Interest Expense928.2M1.1B1.2B1.2B
Depreciation And Amortization2.4B2.9B3.4B3.6B

Bata India fundamental ratios Correlations

0.49-0.130.980.920.780.760.74-0.190.830.80.840.670.30.840.790.840.630.070.840.940.470.350.91-0.710.93
0.49-0.110.50.590.380.310.56-0.130.480.360.310.480.640.310.360.710.44-0.190.420.530.640.430.67-0.180.49
-0.13-0.110.0-0.290.060.04-0.430.390.0-0.42-0.28-0.390.28-0.310.03-0.08-0.24-0.410.03-0.250.360.09-0.24-0.15-0.19
0.980.50.00.90.780.740.74-0.110.820.750.810.620.370.80.770.870.610.030.840.920.50.360.89-0.710.9
0.920.59-0.290.90.560.520.91-0.130.650.90.90.740.370.890.560.870.540.190.650.990.450.230.99-0.440.88
0.780.380.060.780.560.990.35-0.20.990.460.520.430.440.531.00.570.75-0.080.990.60.530.60.58-0.950.81
0.760.310.040.740.520.990.3-0.270.970.440.50.420.360.521.00.50.71-0.080.980.560.450.570.53-0.970.78
0.740.56-0.430.740.910.350.3-0.150.450.880.840.770.320.840.350.770.410.290.460.910.230.110.9-0.20.72
-0.19-0.130.39-0.11-0.13-0.2-0.27-0.15-0.19-0.23-0.15-0.560.38-0.24-0.23-0.050.040.03-0.2-0.140.33-0.05-0.150.26-0.15
0.830.480.00.820.650.990.970.45-0.190.530.580.490.50.580.990.650.78-0.070.990.680.580.620.67-0.910.85
0.80.36-0.420.750.90.460.440.88-0.230.530.980.710.250.980.470.590.380.30.550.920.180.010.89-0.410.74
0.840.31-0.280.810.90.520.50.84-0.150.580.980.680.281.00.530.590.380.210.610.930.220.00.88-0.490.76
0.670.48-0.390.620.740.430.420.77-0.560.490.710.680.120.720.440.620.380.270.50.750.20.20.74-0.330.71
0.30.640.280.370.370.440.360.320.380.50.250.280.120.240.40.420.5-0.160.460.350.80.450.46-0.290.35
0.840.31-0.310.80.890.530.520.84-0.240.580.981.00.720.240.540.590.370.20.610.920.180.010.88-0.510.77
0.790.360.030.770.561.01.00.35-0.230.990.470.530.440.40.540.550.74-0.080.990.60.490.580.57-0.960.81
0.840.71-0.080.870.870.570.50.77-0.050.650.590.590.620.420.590.550.590.090.640.850.60.460.86-0.380.83
0.630.44-0.240.610.540.750.710.410.040.780.380.380.380.50.370.740.590.10.750.530.570.610.53-0.60.69
0.07-0.19-0.410.030.19-0.08-0.080.290.03-0.070.30.210.27-0.160.2-0.080.090.1-0.060.2-0.16-0.040.150.180.26
0.840.420.030.840.650.990.980.46-0.20.990.550.610.50.460.610.990.640.75-0.060.690.530.570.66-0.930.86
0.940.53-0.250.920.990.60.560.91-0.140.680.920.930.750.350.920.60.850.530.20.690.410.210.98-0.490.89
0.470.640.360.50.450.530.450.230.330.580.180.220.20.80.180.490.60.57-0.160.530.410.560.51-0.370.52
0.350.430.090.360.230.60.570.11-0.050.620.010.00.20.450.010.580.460.61-0.040.570.210.560.26-0.470.42
0.910.67-0.240.890.990.580.530.9-0.150.670.890.880.740.460.880.570.860.530.150.660.980.510.26-0.450.86
-0.71-0.18-0.15-0.71-0.44-0.95-0.97-0.20.26-0.91-0.41-0.49-0.33-0.29-0.51-0.96-0.38-0.60.18-0.93-0.49-0.37-0.47-0.45-0.68
0.930.49-0.190.90.880.810.780.72-0.150.850.740.760.710.350.770.810.830.690.260.860.890.520.420.86-0.68
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Bata India Account Relationship Matchups

Bata India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.3B33.3B35.3B32.7B33.5B18.7B
Other Current Liab654.7M690.1M1.2B1.6B1.5B1.2B
Total Current Liabilities8.0B7.1B8.2B8.2B7.4B5.2B
Total Stockholder Equity18.9B17.6B18.1B14.4B15.3B10.3B
Property Plant And Equipment Net13.8B11.5B12.1B13.8B14.8B15.6B
Net Debt12.3B9.8B10.8B11.7B13.1B13.7B
Accounts Payable5.0B4.4B4.6B4.1B3.0B3.3B
Cash152.1M544.9M177.7M745.9M501.0M553.8M
Non Current Assets Total17.3B14.7B15.3B16.6B18.0B18.9B
Non Currrent Assets Other11.7B12.2B10.4B5.2B3.8B4.5B
Cash And Short Term Investments9.6B10.9B9.7B5.7B4.0B4.2B
Net Receivables1.5B1.4B1.6B825.5M1.4B1.0B
Short Term Investments9.5B10.4B9.5B4.9B3.5B3.7B
Liabilities And Stockholders Equity37.3B33.3B35.3B32.7B33.5B18.7B
Non Current Liabilities Total10.4B8.6B8.9B10.1B10.9B11.4B
Inventory8.7B6.1B8.7B9.0B9.3B6.2B
Other Current Assets1.7B1.6B1.6B1.8B2.2B2.3B
Total Liab18.4B15.7B17.1B18.3B18.2B19.1B
Total Current Assets20.0B18.6B20.0B16.1B15.5B11.6B
Intangible Assets70.4M67.4M181.9M163.8M290.5M305.0M
Retained Earnings16.3B14.9B15.5B11.7B12.6B9.3B
Other Liab1.0B25.1M20.6M20.3M18.2M17.3M
Net Tangible Assets17.4B18.9B17.5B18.0B20.7B15.9B
Other Assets3.4B3.2B2.9B1.2B1.4B1.3B
Property Plant Equipment13.8B11.5B12.1B13.8B15.9B16.7B
Current Deferred Revenue113.8M703.0M168.5M190.8M159.5M207.6M
Short Term Debt2.1B1.7B2.0B2.4B2.7B2.9B
Long Term Debt Total10.4B8.6B8.9B10.1B11.6B6.0B
Net Invested Capital18.9B17.6B18.1B14.4B15.3B13.3B
Net Working Capital12.0B11.5B11.8B7.9B8.2B8.4B

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Other Information on Investing in Bata Stock

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