Emami Common Stock Shares Outstanding vs Cash And Short Term Investments Analysis

EMAMILTD   659.05  19.15  2.82%   
Emami financial indicator trend analysis is much more than just examining Emami Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Emami Limited is a good investment. Please check the relationship between Emami Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Emami Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Common Stock Shares Outstanding vs Cash And Short Term Investments

Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Emami Limited Common Stock Shares Outstanding account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Emami's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.31. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Emami Limited, assuming nothing else is changed. The correlation between historical values of Emami's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Emami Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Emami's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Emami Limited balance sheet. This account contains Emami investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Emami Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Emami's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Emami Limited 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 Emami Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to gain to about 4.4 B in 2024, whereas Tax Provision is likely to drop slightly above 423.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit20.6B22.0B23.8B13.4B
Total Revenue31.6B34.1B35.8B20.8B

Emami fundamental ratios Correlations

0.430.250.940.970.890.560.79-0.520.920.04-0.190.450.130.220.860.3-0.190.870.60.790.640.20.260.450.75
0.430.220.650.240.370.890.06-0.350.670.01-0.520.23-0.460.770.050.090.440.76-0.31-0.050.9-0.32-0.12-0.28-0.04
0.250.220.310.16-0.070.090.330.150.12-0.080.380.260.430.470.350.750.30.390.370.140.050.48-0.430.3-0.11
0.940.650.310.840.840.710.69-0.490.930.0-0.290.52-0.040.420.750.34-0.080.970.440.670.760.060.220.250.6
0.970.240.160.840.890.420.8-0.510.860.06-0.120.390.230.010.890.22-0.260.730.680.830.50.260.30.530.8
0.890.37-0.070.840.890.540.65-0.570.860.08-0.290.430.030.010.740.0-0.30.740.470.780.62-0.030.470.220.73
0.560.890.090.710.420.540.27-0.730.8-0.17-0.730.03-0.470.590.27-0.040.270.76-0.250.180.89-0.180.11-0.090.24
0.790.060.330.690.80.650.27-0.450.62-0.11-0.010.430.310.060.850.41-0.360.630.70.810.270.520.160.830.77
-0.52-0.350.15-0.49-0.51-0.57-0.73-0.45-0.650.360.730.310.27-0.05-0.490.220.1-0.440.04-0.47-0.49-0.08-0.43-0.22-0.57
0.920.670.120.930.860.860.80.62-0.65-0.04-0.490.34-0.180.380.660.09-0.030.90.250.60.860.040.240.250.61
0.040.01-0.080.00.060.08-0.17-0.110.36-0.040.420.180.33-0.01-0.130.170.1-0.010.18-0.11-0.01-0.21-0.06-0.1-0.12
-0.19-0.520.38-0.29-0.12-0.29-0.73-0.010.73-0.490.420.310.85-0.26-0.020.380.11-0.320.53-0.08-0.590.21-0.40.22-0.29
0.450.230.260.520.390.430.030.430.310.340.180.310.180.20.30.31-0.040.510.440.250.310.14-0.190.210.18
0.13-0.460.43-0.040.230.03-0.470.310.27-0.180.330.850.18-0.330.350.360.08-0.120.710.24-0.450.34-0.220.440.02
0.220.770.470.420.010.010.590.06-0.050.38-0.01-0.260.2-0.33-0.10.450.310.61-0.25-0.130.66-0.13-0.26-0.16-0.15
0.860.050.350.750.890.740.270.85-0.490.66-0.13-0.020.30.35-0.10.38-0.350.630.790.90.220.410.360.610.78
0.30.090.750.340.220.0-0.040.410.220.090.170.380.310.360.450.38-0.130.40.560.32-0.040.38-0.170.340.2
-0.190.440.3-0.08-0.26-0.30.27-0.360.1-0.030.10.11-0.040.080.31-0.35-0.130.0-0.41-0.660.21-0.09-0.6-0.23-0.69
0.870.760.390.970.730.740.760.63-0.440.9-0.01-0.320.51-0.120.610.630.40.00.320.550.820.030.120.20.49
0.6-0.310.370.440.680.47-0.250.70.040.250.180.530.440.71-0.250.790.56-0.410.320.75-0.180.440.150.620.62
0.79-0.050.140.670.830.780.180.81-0.470.6-0.11-0.080.250.24-0.130.90.32-0.660.550.750.190.250.550.50.88
0.640.90.050.760.50.620.890.27-0.490.86-0.01-0.590.31-0.450.660.22-0.040.210.82-0.180.19-0.240.06-0.110.24
0.2-0.320.480.060.26-0.03-0.180.52-0.080.04-0.210.210.140.34-0.130.410.38-0.090.030.440.25-0.24-0.230.740.32
0.26-0.12-0.430.220.30.470.110.16-0.430.24-0.06-0.4-0.19-0.22-0.260.36-0.17-0.60.120.150.550.06-0.23-0.150.5
0.45-0.280.30.250.530.22-0.090.83-0.220.25-0.10.220.210.44-0.160.610.34-0.230.20.620.5-0.110.74-0.150.54
0.75-0.04-0.110.60.80.730.240.77-0.570.61-0.12-0.290.180.02-0.150.780.2-0.690.490.620.880.240.320.50.54
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Emami Account Relationship Matchups

Emami fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.8B25.2B30.6B31.1B32.8B19.6B
Short Long Term Debt Total2.2B1.0B2.8B905.1M939.6M892.6M
Other Current Liab21.2M2.0B1.9B2.1B1.9B1.3B
Total Current Liabilities7.9B7.0B9.2B7.2B7.6B5.0B
Total Stockholder Equity18.2B17.6B20.8B23.0B24.5B13.2B
Property Plant And Equipment Net7.9B7.3B7.1B6.5B6.2B4.9B
Net Debt2.1B809.3M2.5B437.2M410.0M389.5M
Accounts Payable3.2B3.5B4.1B4.1B4.5B4.8B
Cash108.4M198.1M275.7M467.9M529.5M805.4M
Non Current Assets Total16.5B13.9B19.8B18.2B18.6B12.0B
Non Currrent Assets Other1.4B149.2M1.4B810.9M107.6M102.2M
Cash And Short Term Investments791.7M4.5B1.8B3.7B4.1B2.9B
Common Stock Shares Outstanding453.9M444.5M444.4M441.1M437.3M471.7M
Short Term Investments683.3M4.3B1.6B3.2B3.6B1.8B
Liabilities And Stockholders Equity26.8B25.2B30.6B31.1B32.8B19.6B
Non Current Liabilities Total635.5M577.5M674.7M732M631.7M934.1M
Inventory2.4B3.0B3.6B3.3B3.4B1.8B
Other Current Assets1.5B1.1B1.8B2.1B1.7B1.2B
Other Stockholder Equity(15.0B)722.5M1.0(49K)21K20.0K
Total Liab8.6B7.6B9.8B8.0B8.2B6.3B
Total Current Assets10.3B11.3B10.7B12.9B14.2B7.6B
Accumulated Other Comprehensive Income(3.0B)9.7B8.7B8.2B5.9B6.1B
Common Stock453.2M444.5M441.2M441.2M436.5M277.0M
Intangible Assets6.2B3.5B5.6B4.8B3.8B4.4B
Current Deferred Revenue2.5B2.2B2.1B2.0B68.9M65.5M
Retained Earnings5.8B6.8B11.6B14.4B18.2B19.1B
Net Receivables5.6B2.7B3.4B4.3B4.9B3.0B
Short Term Debt2.2B965.4M2.7B814.6M785.2M746.0M
Other Liab665.6M552.5M535.5M575.8M662.2M609.8M
Net Tangible Assets12.0B12.0B14.1B14.9B17.1B11.0B
Other Assets1.4B1.4B4.3B3.7B(1.0)(0.95)
Short Long Term Debt2.1B919.1M2.6B736.1M656.9M624.1M
Property Plant Equipment7.9B7.3B7.1B6.5B7.5B7.1B
Long Term Debt Total83.1M42.0M98.8M90.5M81.4M77.4M
Non Current Liabilities Other215.6M197.3M179.1M161.3M146.7M193.5M
Net Invested Capital20.3B18.5B23.4B23.8B25.1B24.6B
Net Working Capital2.4B4.3B1.6B5.6B6.6B3.5B

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