Chemcon Short Term Debt vs Non Current Assets Total Analysis

CHEMCON Stock   231.77  3.82  1.68%   
Chemcon Speciality financial indicator trend analysis is way more than just evaluating Chemcon Speciality prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chemcon Speciality is a good investment. Please check the relationship between Chemcon Speciality Short Term Debt and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemcon Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Short Term Debt vs Non Current Assets Total

Short Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chemcon Speciality Short Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Chemcon Speciality's Short Term Debt and Non Current Assets Total is 0.81. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Chemcon Speciality Chemicals, assuming nothing else is changed. The correlation between historical values of Chemcon Speciality's Short Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Chemcon Speciality Chemicals are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Short Term Debt i.e., Chemcon Speciality's Short Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Debt

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Chemcon Speciality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chemcon Speciality 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 Chemcon Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 27th of November 2024, Tax Provision is likely to grow to about 131.9 M, while Selling General Administrative is likely to drop about 21.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.4M14.9M35.0M26.3M
Depreciation And Amortization62.7M83.7M103.1M55.4M

Chemcon Speciality fundamental ratios Correlations

0.720.670.861.00.870.010.990.630.80.950.020.720.820.870.710.140.890.84-0.130.830.990.750.920.740.93
0.720.180.880.670.70.580.750.60.540.75-0.140.540.620.610.570.450.770.62-0.390.890.670.980.710.80.64
0.670.180.560.670.5-0.260.610.650.460.53-0.40.450.40.770.550.020.690.650.260.530.710.210.780.310.63
0.860.880.560.810.750.30.850.860.690.8-0.330.540.730.850.790.340.890.77-0.350.990.860.870.890.720.77
1.00.670.670.810.86-0.040.990.570.80.950.070.730.810.840.690.090.870.84-0.10.780.980.710.90.730.93
0.870.70.50.750.860.170.880.470.560.860.110.910.640.690.780.120.770.960.110.720.840.740.780.790.97
0.010.58-0.260.3-0.040.170.080.19-0.360.05-0.280.13-0.270.050.10.610.210.170.020.37-0.010.50.170.50.01
0.990.750.610.850.990.880.080.580.760.960.060.740.790.840.70.160.880.85-0.110.820.970.780.910.790.93
0.630.60.650.860.570.470.190.580.480.48-0.510.260.490.850.680.50.770.58-0.20.880.680.530.790.350.55
0.80.540.460.690.80.56-0.360.760.480.80.110.420.980.620.49-0.120.660.48-0.530.630.770.60.640.40.67
0.950.750.530.80.950.860.050.960.480.80.110.810.820.690.660.050.880.77-0.170.760.890.810.820.820.89
0.02-0.14-0.4-0.330.070.11-0.280.06-0.510.110.110.190.12-0.19-0.29-0.05-0.2-0.120.15-0.32-0.03-0.14-0.26-0.120.11
0.720.540.450.540.730.910.130.740.260.420.810.190.480.460.640.030.720.820.30.510.650.590.620.750.86
0.820.620.40.730.810.64-0.270.790.490.980.820.120.480.620.57-0.110.650.56-0.540.680.780.680.640.460.73
0.870.610.770.850.840.690.050.840.850.620.69-0.190.460.620.640.440.830.76-0.020.860.920.550.950.470.79
0.710.570.550.790.690.780.10.70.680.490.66-0.290.640.570.64-0.030.690.84-0.120.740.710.630.680.670.77
0.140.450.020.340.090.120.610.160.5-0.120.05-0.050.03-0.110.44-0.030.370.110.160.460.180.250.360.090.11
0.890.770.690.890.870.770.210.880.770.660.88-0.20.720.650.830.690.370.76-0.050.890.860.750.930.740.82
0.840.620.650.770.840.960.170.850.580.480.77-0.120.820.560.760.840.110.760.160.740.850.660.840.740.95
-0.13-0.390.26-0.35-0.10.110.02-0.11-0.2-0.53-0.170.150.3-0.54-0.02-0.120.16-0.050.16-0.31-0.1-0.44-0.01-0.090.09
0.830.890.530.990.780.720.370.820.880.630.76-0.320.510.680.860.740.460.890.74-0.310.840.860.890.690.75
0.990.670.710.860.980.84-0.010.970.680.770.89-0.030.650.780.920.710.180.860.85-0.10.840.690.940.670.92
0.750.980.210.870.710.740.50.780.530.60.81-0.140.590.680.550.630.250.750.66-0.440.860.690.690.850.68
0.920.710.780.890.90.780.170.910.790.640.82-0.260.620.640.950.680.360.930.84-0.010.890.940.690.680.85
0.740.80.310.720.730.790.50.790.350.40.82-0.120.750.460.470.670.090.740.74-0.090.690.670.850.680.7
0.930.640.630.770.930.970.010.930.550.670.890.110.860.730.790.770.110.820.950.090.750.920.680.850.7
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Chemcon Speciality Account Relationship Matchups

Chemcon Speciality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B4.0B5.0B5.5B5.5B3.2B
Short Long Term Debt Total457.4M62.3M360.2M640.2M427.4M339.5M
Other Current Liab38.2M161.3M84.5M56.3M93.6M77.7M
Total Current Liabilities616.9M451.6M775.6M912.5M637.0M609.6M
Total Stockholder Equity1.5B3.5B4.2B4.6B4.8B2.5B
Property Plant And Equipment Net525.0M754.3M1.2B1.6B1.9B2.0B
Net Debt446.7M(181.3M)1.7M195.7M356.7M198.0M
Retained Earnings1.1B1.7B2.3B2.7B2.9B1.5B
Accounts Payable257.2M225.9M238.7M213.8M120.1M202.2M
Cash10.7M243.6M358.5M444.4M70.7M67.2M
Non Current Assets Total532.3M1.2B1.2B2.4B1.9B1.0B
Non Currrent Assets Other7.2M(3K)4K28.9M31.4M32.9M
Other Assets7.2M416.4M(1K)769.3M884.8M929.0M
Cash And Short Term Investments10.7M512.0M1.1B1.4B230.8M399.1M
Net Receivables889.5M971.9M1.1B676.0M818.8M700.5M
Liabilities And Stockholders Equity2.3B4.0B5.0B5.5B5.5B3.2B
Non Current Liabilities Total177.3M47.3M32.5M47.4M51.3M65.4M
Inventory480.8M589.7M346.2M790.5M616.1M447.4M
Other Current Assets344.6M795.7M1.3B1.0B1.9B2.0B
Other Stockholder Equity(7K)1.5B(2.7B)(3.1B)1.5B1.5B
Total Liab794.2M498.9M808.1M960.0M688.3M674.9M
Total Current Assets1.7B2.8B3.8B3.1B3.5B2.1B
Short Term Debt303.2M33.4M352.3M632.8M423.3M306.8M
Other Liab23.1M18.4M24.6M40.1M46.1M28.1M
Net Tangible Assets1.5B3.5B4.2B4.6B5.3B5.5B
Current Deferred Revenue(303.2M)183.0M182.1M41.6M1.00.95
Property Plant Equipment524.9M754.3M1.2B1.6B1.8B1.9B
Long Term Debt146.0M18.2M6.0M7.3M4.1M3.9M
Net Invested Capital1.9B3.6B4.5B5.2B5.2B3.5B
Short Long Term Debt299.1M30.3M349.1M632.4M423.3M343.3M
Net Working Capital1.1B2.4B3.0B2.2B2.9B2.0B
Intangible Assets200K169K106K64K142K125.5K

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Other Information on Investing in Chemcon Stock

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