DCM Other Current Liab vs Property Plant And Equipment Net Analysis

DCMSRIND   182.55  0.32  0.17%   
DCM Shriram financial indicator trend analysis is much more than just examining DCM Shriram Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DCM Shriram Industries is a good investment. Please check the relationship between DCM Shriram Other Current Liab and its Property Plant And Equipment Net accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCM Shriram Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Liab vs Property Plant And Equipment Net

Other Current Liab vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DCM Shriram Industries Other Current Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between DCM Shriram's Other Current Liab and Property Plant And Equipment Net is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of DCM Shriram Industries, assuming nothing else is changed. The correlation between historical values of DCM Shriram's Other Current Liab and Property Plant And Equipment Net 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 DCM Shriram Industries are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Current Liab i.e., DCM Shriram's Other Current Liab and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from DCM Shriram's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DCM Shriram Industries 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCM Shriram Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 4th of December 2024, Selling General Administrative is likely to grow to about 155.8 M, while Tax Provision is likely to drop about 305.8 M.
 2021 2022 2023 2024 (projected)
Interest Expense392.5M335.4M357.7M365.1M
Depreciation And Amortization327.5M359.0M389.2M251.3M

DCM Shriram fundamental ratios Correlations

0.80.70.960.970.980.80.310.990.220.550.960.640.30.930.75-0.220.981.00.360.760.460.470.520.780.56
0.80.480.730.820.791.00.380.77-0.140.330.830.380.270.830.54-0.070.760.810.290.680.330.250.440.610.41
0.70.480.570.690.730.490.110.740.60.490.610.610.480.520.98-0.550.680.680.370.340.380.50.320.930.59
0.960.730.570.880.890.730.320.920.290.510.910.730.070.940.65-0.220.980.960.490.870.450.410.450.660.46
0.970.820.690.880.970.820.250.970.070.520.970.540.320.90.72-0.150.920.970.260.690.40.460.520.80.55
0.980.790.730.890.970.80.220.990.190.60.940.530.410.860.76-0.150.950.960.30.660.440.540.560.790.7
0.81.00.490.730.820.80.320.78-0.140.340.830.370.260.820.54-0.070.750.810.280.680.330.270.440.610.44
0.310.380.110.320.250.220.320.21-0.040.00.350.270.220.440.12-0.040.350.360.240.360.15-0.140.20.2-0.2
0.990.770.740.920.970.990.780.210.250.620.940.580.360.870.77-0.20.970.970.320.70.420.560.550.790.66
0.22-0.140.60.290.070.19-0.14-0.040.250.230.050.680.050.080.63-0.670.320.20.50.160.230.24-0.070.440.19
0.550.330.490.510.520.60.340.00.620.230.460.10.310.390.490.10.560.510.130.30.20.980.910.390.44
0.960.830.610.910.970.940.830.350.940.050.460.570.20.950.65-0.130.920.970.380.790.380.370.470.760.56
0.640.380.610.730.540.530.370.270.580.680.10.57-0.170.660.71-0.610.690.660.720.70.370.02-0.080.70.14
0.30.270.480.070.320.410.260.220.360.050.310.2-0.170.060.38-0.090.270.26-0.42-0.30.240.330.360.330.43
0.930.830.520.940.90.860.820.440.870.080.390.950.660.060.59-0.20.920.950.50.890.480.280.420.680.36
0.750.540.980.650.720.760.540.120.770.630.490.650.710.380.59-0.540.740.730.490.450.430.480.320.940.56
-0.22-0.07-0.55-0.22-0.15-0.15-0.07-0.04-0.2-0.670.1-0.13-0.61-0.09-0.2-0.54-0.26-0.22-0.33-0.19-0.280.080.26-0.46-0.04
0.980.760.680.980.920.950.750.350.970.320.560.920.690.270.920.74-0.260.980.430.780.490.460.50.740.54
1.00.810.680.960.970.960.810.360.970.20.510.970.660.260.950.73-0.220.980.370.780.480.420.50.770.5
0.360.290.370.490.260.30.280.240.320.50.130.380.72-0.420.50.49-0.330.430.370.670.310.060.020.490.17
0.760.680.340.870.690.660.680.360.70.160.30.790.7-0.30.890.45-0.190.780.780.670.190.180.260.50.25
0.460.330.380.450.40.440.330.150.420.230.20.380.370.240.480.43-0.280.490.480.310.190.170.260.440.19
0.470.250.50.410.460.540.27-0.140.560.240.980.370.020.330.280.480.080.460.420.060.180.170.870.370.46
0.520.440.320.450.520.560.440.20.55-0.070.910.47-0.080.360.420.320.260.50.50.020.260.260.870.290.31
0.780.610.930.660.80.790.610.20.790.440.390.760.70.330.680.94-0.460.740.770.490.50.440.370.290.52
0.560.410.590.460.550.70.44-0.20.660.190.440.560.140.430.360.56-0.040.540.50.170.250.190.460.310.52
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DCM Shriram Account Relationship Matchups

DCM Shriram fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.1B16.8B17.8B19.5B22.0B13.0B
Short Long Term Debt Total6.1B5.1B5.6B5.1B5.3B4.2B
Other Current Liab1.3B1.6B2.2B3.3B4.0B4.2B
Total Current Liabilities8.2B8.9B9.1B10.3B11.9B6.6B
Total Stockholder Equity5.6B6.2B6.7B7.2B8.2B4.2B
Property Plant And Equipment Net4.9B5.3B6.1B6.3B6.3B4.3B
Net Debt5.7B4.9B5.5B5.0B5.1B4.1B
Cash436.3M200.5M84.2M78.4M188.3M148.4M
Non Current Assets Total5.3B5.6B6.6B7.3B7.4B4.7B
Non Currrent Assets Other43.6M75.6M150.2M563.9M897.7M942.6M
Cash And Short Term Investments657.5M803.6M318.7M3.2B554.2M493.4M
Net Receivables2.3B2.4B2.7B2.5B2.8B1.8B
Liabilities And Stockholders Equity16.1B16.8B17.8B19.5B22.0B13.0B
Non Current Liabilities Total2.3B1.8B2.0B2.0B1.9B1.6B
Inventory6.6B6.6B6.3B6.3B7.4B5.3B
Other Current Assets1.2B1.4B1.9B3.0B3.9B4.0B
Total Liab10.5B10.6B11.1B12.3B13.8B8.8B
Total Current Assets10.8B11.2B11.2B12.2B14.6B8.3B
Short Term Debt4.1B3.7B4.2B4.3B4.8B3.6B
Accounts Payable2.7B3.3B2.6B2.7B2.9B2.9B
Short Term Investments221.2M603.1M234.5M3.1B365.9M477.7M
Current Deferred Revenue1.3B1.7B50.5M3.1B36.0M34.2M
Retained Earnings3.6B4.1B4.7B5.1B7.5B7.8B
Intangible Assets11.3M16.0M32.4M23.8M15.6M18.2M
Long Term Debt1.8B1.2B1.3B733.1M355.3M337.5M
Net Invested Capital11.5B11.0B12.1B12.1B13.3B12.8B
Short Long Term Debt4.1B3.7B4.1B4.2B4.8B4.5B
Non Current Liabilities Other5.8M5.3M35.6M5.9M2.2M2.1M
Net Working Capital2.6B2.3B2.1B1.9B2.7B2.4B

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Other Information on Investing in DCM Stock

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