CIE Other Current Liab vs Net Receivables Analysis

CIEINDIA   476.45  6.70  1.39%   
CIE Automotive financial indicator trend analysis is way more than just evaluating CIE Automotive India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CIE Automotive India is a good investment. Please check the relationship between CIE Automotive Other Current Liab and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CIE Automotive India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Liab vs Net Receivables

Other Current Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CIE Automotive India Other Current Liab account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CIE Automotive's Other Current Liab and Net Receivables is 0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of CIE Automotive India, assuming nothing else is changed. The correlation between historical values of CIE Automotive's Other Current Liab and Net Receivables 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 Current Liab of CIE Automotive India are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Liab i.e., CIE Automotive's Other Current Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Net Receivables

Most indicators from CIE Automotive's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CIE Automotive India 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 CIE Automotive India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current Selling General Administrative is estimated to decrease to about 851.3 M. The current Tax Provision is estimated to decrease to about 2 B
 2021 2022 2023 2024 (projected)
Gross Profit43.8B26.0B42.0B24.0B
Total Revenue83.9B82.3B92.8B49.7B

CIE Automotive fundamental ratios Correlations

0.740.430.960.880.990.70.690.960.990.460.950.780.680.540.650.970.950.780.940.980.630.63-0.330.940.57
0.74-0.010.610.590.731.00.30.680.790.330.720.470.960.270.630.830.580.40.830.730.540.32-0.320.790.23
0.43-0.010.610.390.42-0.020.370.450.320.280.570.41-0.080.750.110.420.620.60.280.440.020.35-0.050.250.41
0.960.610.610.840.940.580.650.960.920.40.950.710.530.660.550.940.970.830.880.950.50.6-0.240.850.58
0.880.590.390.840.890.540.920.850.870.440.840.890.530.440.550.820.850.720.780.870.830.85-0.380.90.8
0.990.730.420.940.890.680.720.940.980.40.930.760.660.520.590.950.920.80.910.950.690.64-0.310.930.57
0.71.0-0.020.580.540.680.240.650.750.310.690.420.960.260.610.80.540.340.810.690.470.27-0.290.760.18
0.690.30.370.650.920.720.240.640.660.380.620.860.230.330.30.570.70.630.50.660.850.91-0.360.710.88
0.960.680.450.960.850.940.650.640.940.340.930.680.630.60.620.960.930.690.950.960.530.61-0.180.880.58
0.990.790.320.920.870.980.750.660.940.410.920.750.740.450.650.970.890.750.950.960.650.57-0.310.970.5
0.460.330.280.40.440.40.310.380.340.410.560.650.30.370.680.410.530.350.310.470.320.38-0.880.450.38
0.950.720.570.950.840.930.690.620.930.920.560.750.650.640.70.960.940.760.90.950.510.58-0.390.890.54
0.780.470.410.710.890.760.420.860.680.750.650.750.440.410.450.690.780.660.60.770.730.77-0.550.810.74
0.680.96-0.080.530.530.660.960.230.630.740.30.650.440.20.630.780.50.250.810.690.470.23-0.250.770.14
0.540.270.750.660.440.520.260.330.60.450.370.640.410.20.340.560.690.40.520.520.130.35-0.230.360.37
0.650.630.110.550.550.590.610.30.620.650.680.70.450.630.340.660.580.330.70.640.420.33-0.580.640.28
0.970.830.420.940.820.950.80.570.960.970.410.960.690.780.560.660.910.710.970.970.550.53-0.270.930.48
0.950.580.620.970.850.920.540.70.930.890.530.940.780.50.690.580.910.790.840.950.540.7-0.340.820.69
0.780.40.60.830.720.80.340.630.690.750.350.760.660.250.40.330.710.790.590.730.50.54-0.310.680.5
0.940.830.280.880.780.910.810.50.950.950.310.90.60.810.520.70.970.840.590.930.530.47-0.20.90.41
0.980.730.440.950.870.950.690.660.960.960.470.950.770.690.520.640.970.950.730.930.570.64-0.310.910.61
0.630.540.020.50.830.690.470.850.530.650.320.510.730.470.130.420.550.540.50.530.570.81-0.410.720.72
0.630.320.350.60.850.640.270.910.610.570.380.580.770.230.350.330.530.70.540.470.640.81-0.340.60.99
-0.33-0.32-0.05-0.24-0.38-0.31-0.29-0.36-0.18-0.31-0.88-0.39-0.55-0.25-0.23-0.58-0.27-0.34-0.31-0.2-0.31-0.41-0.34-0.34-0.3
0.940.790.250.850.90.930.760.710.880.970.450.890.810.770.360.640.930.820.680.90.910.720.6-0.340.52
0.570.230.410.580.80.570.180.880.580.50.380.540.740.140.370.280.480.690.50.410.610.720.99-0.30.52
Click cells to compare fundamentals

CIE Automotive Account Relationship Matchups

CIE Automotive fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.0B95.2B99.6B99.3B97.6B55.7B
Short Long Term Debt Total14.7B19.0B14.9B9.8B8.6B10.6B
Other Current Liab3.4B2.7B2.9B11.2B3.2B3.2B
Total Current Liabilities26.0B27.4B31.4B41.2B31.0B17.8B
Total Stockholder Equity46.3B49.1B52.0B51.0B59.9B62.9B
Property Plant And Equipment Net25.4B29.7B30.6B28.3B29.8B17.5B
Net Debt13.6B16.8B13.4B9.1B6.5B9.8B
Retained Earnings11.6B12.7B16.7B14.5B24.8B26.0B
Accounts Payable14.8B14.6B19.4B21.4B19.3B12.0B
Non Current Assets Total65.3B70.4B70.8B60.1B66.1B38.8B
Non Currrent Assets Other4.1B4.1B6.3B8.6B1.7B2.1B
Net Receivables7.4B7.1B8.1B9.7B6.3B5.3B
Common Stock Shares Outstanding378.9M379.0M379.1M379.2M379.4M387.1M
Liabilities And Stockholders Equity87.0B95.2B99.6B99.3B97.6B55.7B
Non Current Liabilities Total14.7B18.7B16.2B7.1B6.7B10.5B
Other Current Assets1.4B2.4B1.5B11.0B3.6B2.0B
Total Liab40.7B46.1B47.6B48.3B37.7B28.3B
Total Current Assets21.7B24.8B28.8B39.2B31.5B16.9B
Accumulated Other Comprehensive Income15.7B17.3B16.1B17.3B15.9B16.7B
Short Term Debt6.1B7.5B6.6B8.2B7.2B4.4B
Inventory10.6B10.1B13.5B12.1B11.6B7.7B
Cash1.1B2.2B1.4B713M2.1B2.2B
Cash And Short Term Investments2.3B5.1B5.7B6.3B9.9B10.4B
Intangible Assets313M273M263M289M269.4M255.9M
Good Will35.3B37.6B36.3B28.0B28.5B27.1B
Short Term Investments1.2B2.9B4.3B5.6B7.8B8.2B
Other Liab5.1B6.4B7.1B8.0B9.2B5.6B
Net Tangible Assets13.7B10.8B11.3B15.4B17.8B18.6B
Other Assets4.3B2.8B(1M)778.4M700.6M665.5M
Long Term Debt8.3B9.4B6.5B1.2B1.0B958.8M
Short Long Term Debt6.4B7.1B6.3B8.0B7.0B5.4B
Property Plant Equipment25.4B29.7B30.6B28.3B32.6B23.2B
Current Deferred Revenue329M1.6B2.4B405M644.6M612.4M
Long Term Debt Total8.3B9.4B8.3B1.6B1.5B1.4B
Capital Surpluse15.1B15.2B15.3B15.3B17.6B15.1B

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Other Information on Investing in CIE Stock

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