Cholamandalam Retained Earnings vs Total Current 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 Retained Earnings and its Total Current 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.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cholamandalam Financial Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cholamandalam Financial's Retained Earnings and Total Current Assets is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current 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 Retained Earnings and Total Current 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 Retained Earnings of Cholamandalam Financial Holdings are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Cholamandalam Financial's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.