EID Total Current Assets vs Short Term Debt Analysis

EIDPARRY   864.90  33.60  4.04%   
EID Parry financial indicator trend analysis is much more than just examining EID Parry India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EID Parry India is a good investment. Please check the relationship between EID Parry Total Current Assets and its Short Term Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EID Parry 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 nation.

Total Current Assets vs Short Term Debt

Total Current Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EID Parry India Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have very week relationship.
The correlation between EID Parry's Total Current Assets and Short Term Debt is 0.24. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of EID Parry India, assuming nothing else is changed. The correlation between historical values of EID Parry's Total Current Assets and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of EID Parry India are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., EID Parry's Total Current Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Short Term Debt

Most indicators from EID Parry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EID Parry 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EID Parry 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 nation.
As of 11/26/2024, Selling General Administrative is likely to drop to about 1 B. In addition to that, Tax Provision is likely to drop to about 4.7 B
 2021 2022 2023 2024 (projected)
Interest Expense1.3B3.0B3.0B2.7B
Depreciation And Amortization3.3B3.8B4.2B2.4B

EID Parry fundamental ratios Correlations

0.070.490.820.670.930.32-0.110.370.780.410.92-0.090.430.1-0.140.950.310.190.790.990.190.390.25-0.19-0.04
0.070.40.53-0.40.110.090.86-0.31-0.08-0.340.020.28-0.34-0.070.55-0.080.23-0.080.650.090.9-0.340.27-0.660.3
0.490.40.630.070.380.460.37-0.130.21-0.140.390.19-0.120.170.020.480.02-0.010.630.510.44-0.180.41-0.44-0.05
0.820.530.630.280.690.470.38-0.030.590.050.630.070.070.13-0.080.770.50.030.980.860.670.080.25-0.46-0.15
0.67-0.40.070.280.66-0.03-0.720.820.890.860.68-0.230.87-0.48-0.270.690.230.110.240.64-0.440.720.080.40.07
0.930.110.380.690.660.17-0.090.450.680.420.98-0.070.430.030.150.820.110.210.720.870.140.350.38-0.270.18
0.320.090.460.47-0.030.170.32-0.560.07-0.490.130.02-0.440.38-0.440.370.110.140.360.380.41-0.430.3-0.39-0.62
-0.110.860.370.38-0.72-0.090.32-0.72-0.45-0.76-0.160.28-0.760.360.43-0.210.01-0.020.45-0.080.91-0.680.26-0.80.02
0.37-0.31-0.13-0.030.820.45-0.56-0.720.670.960.49-0.120.95-0.620.090.340.080.050.020.31-0.560.82-0.060.520.5
0.78-0.080.210.590.890.680.07-0.450.670.760.67-0.090.78-0.46-0.30.780.510.040.550.79-0.10.680.050.26-0.04
0.41-0.34-0.140.050.860.42-0.49-0.760.960.760.45-0.161.0-0.63-0.080.390.27-0.020.060.38-0.520.87-0.150.590.38
0.920.020.390.630.680.980.13-0.160.490.670.45-0.10.450.050.130.820.060.340.660.850.040.330.35-0.250.2
-0.090.280.190.07-0.23-0.070.020.28-0.12-0.09-0.16-0.1-0.140.050.14-0.18-0.130.010.1-0.090.13-0.090.27-0.080.09
0.43-0.34-0.120.070.870.43-0.44-0.760.950.781.00.45-0.14-0.63-0.120.410.28-0.040.070.4-0.520.89-0.130.610.34
0.1-0.070.170.13-0.480.030.380.36-0.62-0.46-0.630.050.05-0.63-0.130.13-0.220.160.060.110.23-0.440.0-0.4-0.35
-0.140.550.02-0.08-0.270.15-0.440.430.09-0.3-0.080.130.14-0.12-0.13-0.36-0.340.110.13-0.240.26-0.160.3-0.410.79
0.95-0.080.480.770.690.820.37-0.210.340.780.390.82-0.180.410.13-0.360.360.110.690.970.090.40.12-0.07-0.24
0.310.230.020.50.230.110.110.010.080.510.270.06-0.130.28-0.22-0.340.36-0.090.440.40.320.37-0.60.12-0.11
0.19-0.08-0.010.030.110.210.14-0.020.050.04-0.020.340.01-0.040.160.110.11-0.090.050.12-0.11-0.25-0.01-0.280.19
0.790.650.630.980.240.720.360.450.020.550.060.660.10.070.060.130.690.440.050.810.710.060.31-0.530.02
0.990.090.510.860.640.870.38-0.080.310.790.380.85-0.090.40.11-0.240.970.40.120.810.240.390.2-0.16-0.13
0.190.90.440.67-0.440.140.410.91-0.56-0.1-0.520.040.13-0.520.230.260.090.32-0.110.710.24-0.450.22-0.74-0.05
0.39-0.34-0.180.080.720.35-0.43-0.680.820.680.870.33-0.090.89-0.44-0.160.40.37-0.250.060.39-0.45-0.280.730.24
0.250.270.410.250.080.380.30.26-0.060.05-0.150.350.27-0.130.00.30.12-0.6-0.010.310.20.22-0.28-0.39-0.01
-0.19-0.66-0.44-0.460.4-0.27-0.39-0.80.520.260.59-0.25-0.080.61-0.4-0.41-0.070.12-0.28-0.53-0.16-0.740.73-0.39-0.06
-0.040.3-0.05-0.150.070.18-0.620.020.5-0.040.380.20.090.34-0.350.79-0.24-0.110.190.02-0.13-0.050.24-0.01-0.06
Click cells to compare fundamentals

EID Parry Account Relationship Matchups

EID Parry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.2B132.6B159.4B187.8B214.9B123.2B
Short Long Term Debt Total43.5B12.3B12.6B16.2B17.4B32.8B
Other Current Liab5.4B5.0B7.8B8.5B6.5B4.6B
Total Current Liabilities85.9B57.4B71.1B84.7B93.3B62.6B
Total Stockholder Equity35.2B45.8B53.3B60.8B70.6B74.1B
Property Plant And Equipment Net38.6B37.3B38.8B42.9B49.8B32.9B
Current Deferred Revenue12.5B10.1B13.0B7.2B20.3M19.3M
Net Debt42.4B5.0B4.8B1.8B(11.8B)(11.2B)
Retained Earnings2.8B14.3B21.6B30.1B62.0B65.1B
Accounts Payable39.7B39.3B49.7B64.3B75.7B79.5B
Cash1.1B7.3B7.8B14.4B29.2B30.6B
Non Current Assets Total45.8B43.9B51.0B61.9B63.0B40.2B
Non Currrent Assets Other1.6B1.9B44.9M1.8B1.7B1.6B
Cash And Short Term Investments2.4B9.0B9.9B16.6B35.4B37.2B
Common Stock Shares Outstanding177.0M177.1M177.3M177.5M177.6M141.3M
Liabilities And Stockholders Equity150.2B132.6B159.4B187.8B214.9B123.2B
Non Current Liabilities Total12.1B6.9B7.4B7.7B9.5B11.5B
Inventory43.5B40.7B53.6B61.9B69.5B35.2B
Other Current Assets4.2B5.1B8.2B6.3B28.7B30.2B
Other Stockholder Equity4.6B4.7B29.3B29.4B5.0B4.8B
Total Liab98.0B64.3B78.4B92.4B102.8B78.3B
Total Current Assets104.5B88.7B108.4B125.9B151.9B83.0B
Accumulated Other Comprehensive Income(20.7B)26.6B26.6B25.5B3.4B3.6B
Short Term Debt40.3B12.7B12.8B11.3B11.1B10.5B
Net Receivables55.2B35.2B28.1B42.9B18.3B28.6B
Short Term Investments1.3B1.7B2.2B2.2B6.5B6.8B
Good Will314.3M159.7M159.9M167.5M3.0B3.2B
Intangible Assets398.9M366.7M404.8M427.3M757.7M399.0M
Other Liab1.8B2.1B2.5B2.6B2.4B1.8B
Net Tangible Assets34.5B45.3B52.7B60.3B69.3B37.8B
Other Assets2.6B2.2B6.6B190.4M1.00.95
Long Term Debt6.1B794.2M794M1.1B2.0B1.9B
Short Long Term Debt33.0B5.0B7.4B10.8B10.6B17.3B
Property Plant Equipment38.5B37.0B38.4B42.9B49.3B39.2B
Long Term Debt Total10.3B4.8B4.8B5.1B4.6B5.2B
Capital Surpluse4.6B4.7B4.8B5.0B5.8B5.1B
Cash And Equivalents255.4M6.1B6.4B13.1B15.0B15.8B

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