Cholamandalam Good Will vs Other Current Liab Analysis

CHOLAFIN   1,265  19.75  1.59%   
Cholamandalam Investment financial indicator trend analysis is way more than just evaluating Cholamandalam Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cholamandalam Investment is a good investment. Please check the relationship between Cholamandalam Investment Good Will and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cholamandalam Investment and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cholamandalam Investment Good Will account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cholamandalam Investment's Good Will and Other Current Liab is -0.47. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Cholamandalam Investment and, assuming nothing else is changed. The correlation between historical values of Cholamandalam Investment's Good Will 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 Good Will of Cholamandalam Investment and 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 Good Will i.e., Cholamandalam Investment's Good Will and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Liab

Most indicators from Cholamandalam Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cholamandalam Investment 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 Cholamandalam Investment and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of now, Cholamandalam Investment's Selling General Administrative is increasing as compared to previous years. The Cholamandalam Investment's current Issuance Of Capital Stock is estimated to increase to about 21.1 B, while Tax Provision is projected to decrease to under 6.9 B.
 2021 2022 2023 2024 (projected)
Interest Expense42.8B57.5B92.1B96.7B
Depreciation And Amortization29.1B34.8B2.0B1.9B

Cholamandalam Investment fundamental ratios Correlations

0.99-0.8-0.811.00.910.140.880.450.80.80.810.410.220.96-0.380.51.00.310.560.080.850.67-0.38-0.180.89
0.99-0.75-0.770.990.870.20.850.480.760.760.830.440.20.94-0.380.50.990.330.580.140.880.7-0.39-0.180.86
-0.8-0.751.0-0.78-0.970.48-0.980.02-1.0-1.0-0.71-0.07-0.69-0.920.16-0.55-0.8-0.37-0.260.53-0.47-0.180.120.08-0.97
-0.81-0.771.0-0.8-0.980.46-0.99-0.03-1.0-1.0-0.74-0.08-0.66-0.920.17-0.56-0.81-0.38-0.260.51-0.5-0.20.140.1-0.98
1.00.99-0.78-0.80.890.160.870.460.780.780.80.420.190.95-0.370.471.00.290.560.110.860.67-0.37-0.180.88
0.910.87-0.97-0.980.89-0.291.00.170.980.980.790.180.540.97-0.240.550.910.370.37-0.340.620.35-0.21-0.120.99
0.140.20.480.460.16-0.29-0.330.62-0.48-0.48-0.040.5-0.78-0.11-0.28-0.210.14-0.180.391.00.450.7-0.34-0.14-0.31
0.880.85-0.98-0.990.871.0-0.330.110.990.990.770.140.590.96-0.220.540.890.370.33-0.390.590.31-0.21-0.110.99
0.450.480.02-0.030.460.170.620.110.010.010.590.49-0.640.29-0.550.210.450.320.490.60.770.67-0.56-0.140.15
0.80.76-1.0-1.00.780.98-0.480.990.011.00.730.060.670.92-0.170.550.80.40.26-0.530.480.17-0.14-0.040.98
0.80.76-1.0-1.00.780.98-0.480.990.011.00.730.050.670.92-0.170.550.80.40.25-0.530.480.17-0.14-0.040.98
0.810.83-0.71-0.740.80.79-0.040.770.590.730.730.370.240.84-0.40.670.810.560.52-0.090.760.5-0.36-0.190.78
0.410.44-0.07-0.080.420.180.50.140.490.060.050.37-0.240.320.030.370.410.070.960.470.420.570.14-0.10.17
0.220.2-0.69-0.660.190.54-0.780.59-0.640.670.670.24-0.240.450.280.390.220.18-0.11-0.82-0.21-0.330.320.010.56
0.960.94-0.92-0.920.950.97-0.110.960.290.920.920.840.320.45-0.270.620.960.350.49-0.170.720.52-0.25-0.190.97
-0.38-0.380.160.17-0.37-0.24-0.28-0.22-0.55-0.17-0.17-0.40.030.28-0.270.14-0.38-0.36-0.05-0.27-0.63-0.330.83-0.06-0.27
0.50.5-0.55-0.560.470.55-0.210.540.210.550.550.670.370.390.620.140.50.340.47-0.250.350.350.2-0.180.53
1.00.99-0.8-0.811.00.910.140.890.450.80.80.810.410.220.96-0.380.50.310.560.080.850.67-0.38-0.180.9
0.310.33-0.37-0.380.290.37-0.180.370.320.40.40.560.070.180.35-0.360.340.310.13-0.190.350.21-0.410.560.35
0.560.58-0.26-0.260.560.370.390.330.490.260.250.520.96-0.110.49-0.050.470.560.130.350.510.540.1-0.040.36
0.080.140.530.510.11-0.341.0-0.390.6-0.53-0.53-0.090.47-0.82-0.17-0.27-0.250.08-0.190.350.410.66-0.33-0.1-0.36
0.850.88-0.47-0.50.860.620.450.590.770.480.480.760.42-0.210.72-0.630.350.850.350.510.410.77-0.67-0.140.62
0.670.7-0.18-0.20.670.350.70.310.670.170.170.50.57-0.330.52-0.330.350.670.210.540.660.77-0.37-0.240.32
-0.38-0.390.120.14-0.37-0.21-0.34-0.21-0.56-0.14-0.14-0.360.140.32-0.250.830.2-0.38-0.410.1-0.33-0.67-0.37-0.12-0.24
-0.18-0.180.080.1-0.18-0.12-0.14-0.11-0.14-0.04-0.04-0.19-0.10.01-0.19-0.06-0.18-0.180.56-0.04-0.1-0.14-0.24-0.12-0.13
0.890.86-0.97-0.980.880.99-0.310.990.150.980.980.780.170.560.97-0.270.530.90.350.36-0.360.620.32-0.24-0.13
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Cholamandalam Investment Account Relationship Matchups

Cholamandalam Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets640.5B746.4B824.8B1.1T1.6T1.6T
Short Long Term Debt Total551.3B638.2B942.2B974.1B1.3T1.4T
Other Current Liab164.2B(480.3M)(19.4M)(406M)(2.7T)(2.6T)
Total Current Liabilities719.2M928.1M1.3B1.3B(1.3T)(1.3T)
Total Stockholder Equity82.0B96.0B117.7B143.5B195.9B205.7B
Property Plant And Equipment Net2.6B2.1B2.7B4.1B15.5B16.2B
Net Debt484.6B593.8B654.2B943.5B(22.4B)(21.2B)
Retained Earnings9.0B12.5B18.1B27.7B143.4B150.6B
Cash66.7B44.4B38.6B30.1B22.4B21.3B
Non Current Assets Total2.9B2.4B3.0B4.6B1.6T1.7T
Non Currrent Assets Other(2.9B)(2.4B)(3.0B)(4.6B)1.5T1.6T
Cash And Short Term Investments35.0B14.8B27.0B9.1B43.9B46.1B
Common Stock Shares Outstanding788.1M821.1M822.2M822.9M832.9M654.9M
Short Term Investments(31.8B)(29.6B)(11.6B)(21.0B)21.6B22.7B
Liabilities And Stockholders Equity640.5B746.4B824.8B1.1T1.6T1.6T
Non Current Liabilities Total376.2B394.1B444.8B634.6B1.4T1.4T
Other Current Assets(74.3B)(59.0B)(47.2B)(34.0B)383.2M364.0M
Other Stockholder Equity28.6B28.7B10.8B1.4B49.2B51.6B
Total Liab558.5B650.4B707.1B992.8B1.4T1.4T
Total Current Assets35.0B14.8B27.0B9.1B43.9B23.4B
Accumulated Other Comprehensive Income(1.6B)53.2B69.0B85.0B1.7B1.6B
Common Stock1.6B1.6B1.6B1.6B1.7B1.7B
Other Assets602.6B729.3B794.8B1.1T(78.3B)(74.4B)
Good Will5.3B7.7B6.7B6.3B6.9B7.2B
Intangible Assets312.7M291.1M306.4M526.2M364.4M194.5M
Accounts Payable2.2B985.9M1.3B1.7B3.0B3.4B
Net Receivables5.1B7.4B8.2B2.0B4.1B5.4B
Short Term Debt165.7B240.3B250.5B343.3B1.3T1.4T
Current Deferred Revenue(165.7B)(240.3B)(250.5B)(343.3B)2.7T2.8T
Inventory69.2B51.6B39.0B31.9B36.7B38.6B
Other Liab3.4B4.7B1.0B1.4B1.3B1.2B
Net Tangible Assets81.7B95.7B117.4B142.9B164.4B172.6B
Long Term Debt384.9B637.3B691.7B630.8B725.4B400.1B
Long Term Investments1.5B22.2B25.8B41.3B46.8B49.2B
Property Plant Equipment2.6B2.1B2.7B4.1B4.7B5.0B
Long Term Debt Total385.6B397.9B691.7B630.8B725.4B436.7B
Capital Surpluse28.6B28.7B28.9B29.1B33.5B22.7B
Cash And Equivalents34.8B15.2B25.7B8.8B10.1B17.6B

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Other Information on Investing in Cholamandalam Stock

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