Cholamandalam Good Will vs Total Assets Analysis

CHOLAHLDNG   1,512  16.00  1.07%   
Cholamandalam Financial financial indicator trend analysis is way more than just evaluating Cholamandalam Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cholamandalam Financial is a good investment. Please check the relationship between Cholamandalam Financial Good Will and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cholamandalam Financial Holdings. 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 Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cholamandalam Financial Good Will account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cholamandalam Financial's Good Will and Total Assets is -0.43. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Cholamandalam Financial Holdings, assuming nothing else is changed. The correlation between historical values of Cholamandalam Financial's Good Will and Total Assets 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 Financial Holdings are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Cholamandalam Financial's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.43
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.

Total Assets

Total assets refers to the total amount of Cholamandalam Financial 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 Cholamandalam Financial 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.
Most indicators from Cholamandalam Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cholamandalam Financial 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 Financial Holdings. 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.
At this time, Cholamandalam Financial's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 21.1 B this year, although the value of Tax Provision will most likely fall to about 7.4 B.
 2021 2022 2023 2024 (projected)
Cost Of Revenue83.1B119.1B168.2B176.6B
EBITDA75.1B98.2B147.6B155.0B

Cholamandalam Financial fundamental ratios Correlations

0.980.040.370.960.471.00.570.840.860.910.370.610.520.870.930.78-0.881.00.70.89-0.57-0.25-0.430.95-0.71
0.980.110.450.970.360.980.540.770.80.840.430.580.570.810.920.68-0.880.980.760.9-0.66-0.17-0.510.94-0.67
0.040.110.580.1-0.350.030.08-0.19-0.28-0.230.61-0.150.6-0.270.08-0.230.090.040.450.23-0.290.03-0.240.010.26
0.370.450.580.32-0.190.380.340.02-0.15-0.050.93-0.080.94-0.130.39-0.17-0.340.370.890.63-0.35-0.18-0.20.220.25
0.960.970.10.320.430.950.520.80.850.880.320.640.480.860.920.75-0.830.960.660.84-0.64-0.14-0.490.98-0.76
0.470.36-0.35-0.190.430.490.630.430.610.59-0.310.51-0.140.610.540.67-0.460.470.130.150.35-0.270.440.48-0.63
1.00.980.030.380.950.490.580.840.860.90.370.610.520.870.930.78-0.891.00.710.89-0.55-0.27-0.410.94-0.71
0.570.540.080.340.520.630.580.420.430.460.230.050.340.440.550.42-0.470.580.50.52-0.05-0.080.270.47-0.34
0.840.77-0.190.020.80.430.840.420.880.910.160.570.20.890.670.74-0.620.840.340.76-0.51-0.28-0.360.78-0.64
0.860.8-0.28-0.150.850.610.860.430.880.99-0.120.690.031.00.770.92-0.750.860.260.61-0.42-0.17-0.340.89-0.88
0.910.84-0.23-0.050.880.590.90.460.910.99-0.010.690.131.00.820.92-0.780.90.350.68-0.45-0.2-0.360.91-0.86
0.370.430.610.930.32-0.310.370.230.16-0.12-0.01-0.090.96-0.090.32-0.12-0.270.380.820.69-0.48-0.21-0.320.210.28
0.610.58-0.15-0.080.640.510.610.050.570.690.69-0.090.030.690.620.66-0.50.610.240.41-0.18-0.05-0.20.67-0.67
0.520.570.60.940.48-0.140.520.340.20.030.130.960.030.060.540.06-0.460.520.930.73-0.5-0.19-0.370.40.04
0.870.81-0.27-0.130.860.610.870.440.891.01.0-0.090.690.060.790.92-0.760.870.280.62-0.42-0.18-0.340.9-0.89
0.930.920.080.390.920.540.930.550.670.770.820.320.620.540.790.73-0.890.930.760.75-0.45-0.19-0.390.95-0.78
0.780.68-0.23-0.170.750.670.780.420.740.920.92-0.120.660.060.920.73-0.720.780.240.5-0.28-0.18-0.220.8-0.87
-0.88-0.880.09-0.34-0.83-0.46-0.89-0.47-0.62-0.75-0.78-0.27-0.5-0.46-0.76-0.89-0.72-0.88-0.66-0.690.40.220.4-0.870.68
1.00.980.040.370.960.471.00.580.840.860.90.380.610.520.870.930.78-0.880.710.9-0.57-0.26-0.420.95-0.71
0.70.760.450.890.660.130.710.50.340.260.350.820.240.930.280.760.24-0.660.710.8-0.45-0.22-0.320.61-0.2
0.890.90.230.630.840.150.890.520.760.610.680.690.410.730.620.750.5-0.690.90.8-0.69-0.24-0.450.76-0.36
-0.57-0.66-0.29-0.35-0.640.35-0.55-0.05-0.51-0.42-0.45-0.48-0.18-0.5-0.42-0.45-0.280.4-0.57-0.45-0.69-0.150.83-0.590.33
-0.25-0.170.03-0.18-0.14-0.27-0.27-0.08-0.28-0.17-0.2-0.21-0.05-0.19-0.18-0.19-0.180.22-0.26-0.22-0.24-0.15-0.13-0.11-0.03
-0.43-0.51-0.24-0.2-0.490.44-0.410.27-0.36-0.34-0.36-0.32-0.2-0.37-0.34-0.39-0.220.4-0.42-0.32-0.450.83-0.13-0.510.32
0.950.940.010.220.980.480.940.470.780.890.910.210.670.40.90.950.8-0.870.950.610.76-0.59-0.11-0.51-0.85
-0.71-0.670.260.25-0.76-0.63-0.71-0.34-0.64-0.88-0.860.28-0.670.04-0.89-0.78-0.870.68-0.71-0.2-0.360.33-0.030.32-0.85
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Cholamandalam Financial Account Relationship Matchups

Cholamandalam Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets758.4B886.2B977.7B1.3T1.8T1.9T
Short Long Term Debt Total551.9B639.7B943.9B1.2T1.3T1.4T
Other Current Liab28.0B46.9B465.1M88.1B(12.1B)(11.5B)
Total Current Liabilities201.0B295.4B282.2B1.1T55.4B52.6B
Total Stockholder Equity45.9B53.9B64.5B76.6B102.4B107.5B
Property Plant And Equipment Net3.7B3.4B3.8B5.4B16.7B17.5B
Net Debt514.9B622.6B664.3B961.4B1.3T1.4T
Accounts Payable6.0B6.9B7.5B9.6B12.1B6.8B
Cash37.0B17.1B28.0B10.6B45.5B47.8B
Non Current Assets Total520.9B594.8B713.1B33.6B1.8T1.8T
Non Currrent Assets Other518.9B547.9B579.2B209.9B1.6T1.7T
Cash And Short Term Investments106.9B85.1B48.6B212.8B10.4B9.9B
Common Stock Shares Outstanding187.7M187.7M187.7M187.8M187.8M205.3M
Short Term Investments70.0B68.1B20.6B202.2B40.3B27.7B
Liabilities And Stockholders Equity758.4B886.2B977.7B1.3T1.8T1.9T
Non Current Liabilities Total460.4B477.2B559.2B61.1B1.5T1.6T
Inventory122.1B194.2B209.0B1.1T1.2T1.3T
Other Current Assets130.7B206.5B890.8M5.6B389.9B409.4B
Other Stockholder Equity4.0B(799.2M)(7.0B)(18.4B)(28.7B)(27.3B)
Total Liab661.4B772.6B841.4B1.1T1.5T1.6T
Total Current Assets237.6B291.4B264.6B1.3T439.9B461.8B
Accumulated Other Comprehensive Income(1.9B)6.9B10.8B11.1B(13.6B)(12.9B)
Intangible Assets482.3M489.2M504M696M551M578.6M
Net Receivables4.2B6.1B6.2B6.7B22.3B21.2B
Retained Earnings18.9B23.8B30.3B41.9B72.3B75.9B
Current Deferred Revenue5.7B7.0B22.7B17.1B(1.3T)(1.3T)
Short Term Debt167.0B241.1B251.6B971.9B1.3T1.4T
Other Liab82.3B94.6B96.2B121.4B139.7B72.6B
Net Tangible Assets38.5B45.0B52.9B63.5B73.1B45.5B
Other Assets14.1B17.9B18.2B225.7M(429.4B)(408.0B)
Long Term Debt380.4B638.0B692.3B628.7B1.3T1.4T
Long Term Debt Total380.4B364.6B692.3B236.5B271.9B333.3B
Capital Surpluse22.9B23.0B23.2B23.5B27.0B18.8B
Short Long Term Debt165.5B240.4B251.6B971.9B474.9B288.2B
Property Plant Equipment3.7B3.4B3.8B5.4B4.9B3.2B
Non Current Liabilities Other197.8M476.5M598.9M1.4B1.7B1.8B
Cash And Equivalents30.4B1.1B26.1B7.8B8.9B14.8B

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Other Information on Investing in Cholamandalam Stock

Balance Sheet is a snapshot of the financial position of Cholamandalam Financial at a specified time, usually calculated after every quarter, six months, or one year. Cholamandalam Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cholamandalam Financial 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.