Electronics Other Assets vs Net Debt Analysis

EMIL Stock   180.07  1.24  0.69%   
Electronics Mart financial indicator trend analysis is much more than just examining Electronics Mart India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electronics Mart India is a good investment. Please check the relationship between Electronics Mart Other Assets and its Net Debt accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electronics Mart 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 Assets vs Net Debt

Other Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electronics Mart India Other Assets account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Electronics Mart's Other Assets and Net Debt is -0.58. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Electronics Mart India, assuming nothing else is changed. The correlation between historical values of Electronics Mart's Other Assets and Net 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 Other Assets of Electronics Mart India are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Assets i.e., Electronics Mart's Other Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Assets

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Electronics Mart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electronics Mart 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 Electronics Mart 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.
Selling General Administrative is likely to gain to about 118.8 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense820.9M985.4M1.1B867.5M
Depreciation And Amortization713.2M853.8M1.1B758.3M

Electronics Mart fundamental ratios Correlations

0.990.050.970.991.00.670.980.99-0.10.671.00.97-0.550.660.760.911.00.990.890.991.00.95-0.070.940.82
0.990.090.990.970.980.770.990.99-0.20.630.980.99-0.560.630.720.860.990.990.941.00.990.98-0.180.890.87
0.050.090.13-0.010.050.260.130.070.21-0.230.050.19-0.07-0.210.45-0.080.090.10.10.110.050.090.0-0.110.4
0.970.990.130.940.960.830.990.98-0.280.610.960.98-0.560.610.680.820.970.970.960.990.980.99-0.260.840.9
0.990.97-0.010.940.990.590.950.97-0.030.71.00.95-0.540.70.770.920.990.980.840.970.990.910.00.960.76
1.00.980.050.960.990.650.980.99-0.040.621.00.96-0.570.620.790.921.01.00.870.990.990.930.00.950.8
0.670.770.260.830.590.650.790.73-0.660.280.650.79-0.360.280.350.420.680.690.890.750.690.86-0.610.410.92
0.980.990.130.990.950.980.790.99-0.20.540.970.99-0.580.540.730.860.980.990.940.990.980.97-0.150.870.89
0.990.990.070.980.970.990.730.99-0.140.570.990.98-0.550.560.750.880.991.00.920.990.990.96-0.090.910.84
-0.1-0.20.21-0.28-0.03-0.04-0.66-0.2-0.14-0.17-0.06-0.2-0.04-0.170.410.15-0.07-0.06-0.43-0.16-0.13-0.380.90.15-0.4
0.670.63-0.230.610.70.620.280.540.57-0.170.650.58-0.211.00.310.540.620.580.550.620.680.63-0.310.640.41
1.00.980.050.961.01.00.650.970.99-0.060.650.97-0.560.650.780.921.01.00.870.991.00.93-0.030.950.8
0.970.990.190.980.950.960.790.990.98-0.20.580.97-0.50.580.780.820.980.970.910.990.980.96-0.160.850.92
-0.55-0.56-0.07-0.56-0.54-0.57-0.36-0.58-0.55-0.04-0.21-0.56-0.5-0.2-0.43-0.76-0.57-0.57-0.48-0.57-0.55-0.53-0.15-0.62-0.44
0.660.63-0.210.610.70.620.280.540.56-0.171.00.650.58-0.20.310.540.620.580.550.620.680.63-0.320.630.42
0.760.720.450.680.770.790.350.730.750.410.310.780.78-0.430.310.750.790.790.490.740.740.590.410.780.65
0.910.86-0.080.820.920.920.420.860.880.150.540.920.82-0.760.540.750.910.910.690.880.890.770.250.980.6
1.00.990.090.970.991.00.680.980.99-0.070.621.00.98-0.570.620.790.911.00.890.991.00.94-0.040.930.82
0.990.990.10.970.981.00.690.991.0-0.060.581.00.97-0.570.580.790.911.00.890.990.990.94-0.020.930.82
0.890.940.10.960.840.870.890.940.92-0.430.550.870.91-0.480.550.490.690.890.890.930.90.97-0.440.70.86
0.991.00.110.990.970.990.750.990.99-0.160.620.990.99-0.570.620.740.880.990.990.930.990.97-0.140.90.86
1.00.990.050.980.990.990.690.980.99-0.130.681.00.98-0.550.680.740.891.00.990.90.990.96-0.110.930.83
0.950.980.090.990.910.930.860.970.96-0.380.630.930.96-0.530.630.590.770.940.940.970.970.96-0.360.790.91
-0.07-0.180.0-0.260.00.0-0.61-0.15-0.090.9-0.31-0.03-0.16-0.15-0.320.410.25-0.04-0.02-0.44-0.14-0.11-0.360.22-0.37
0.940.89-0.110.840.960.950.410.870.910.150.640.950.85-0.620.630.780.980.930.930.70.90.930.790.220.6
0.820.870.40.90.760.80.920.890.84-0.40.410.80.92-0.440.420.650.60.820.820.860.860.830.91-0.370.6
Click cells to compare fundamentals

Electronics Mart Account Relationship Matchups

Electronics Mart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B15.2B18.2B26.9B30.6B21.2B
Short Long Term Debt Total8.7B9.7B11.4B14.3B15.7B12.2B
Other Current Liab273.1M409.3M522.7M403.1M362.6M434.9M
Total Current Liabilities5.1B5.7B6.5B7.4B7.8B6.7B
Total Stockholder Equity4.3B4.9B6.0B11.8B13.7B8.1B
Property Plant And Equipment Net5.9B6.8B8.2B11.6B14.3B9.5B
Current Deferred Revenue308.6M509.5M558.2M369.7M346.9M397.4M
Net Debt7.8B9.3B11.1B12.3B14.8B11.3B
Retained Earnings1.3B1.9B3.0B4.2B6.0B3.1B
Accounts Payable66.6M75.9M248.1M246.0M430.5M262.1M
Cash870.7M350.2M344.0M2.0B854.7M909.1M
Non Current Assets Total6.3B7.2B8.8B12.9B15.2B10.2B
Non Currrent Assets Other86.3M297.0M347.8M500.9M563.9M340.1M
Cash And Short Term Investments870.7M350.2M344.0M2.1B854.7M924.4M
Net Receivables(10K)953.9M1.2B1.4B1.9B1.1B
Liabilities And Stockholders Equity13.5B15.2B18.2B26.9B30.6B21.2B
Non Current Liabilities Total4.0B4.7B5.8B7.7B9.1B6.4B
Inventory4.0B4.8B6.1B7.7B9.7B6.6B
Other Current Assets2.3B1.9B3.0B2.9B3.1B2.6B
Total Liab9.1B10.3B12.3B15.1B16.9B13.1B
Total Current Assets7.2B8.0B9.5B14.1B15.4B11.0B
Accumulated Other Comprehensive Income(3.9M)(1.7M)5.3M9.3M23.3M24.5M
Short Term Debt4.7B5.0B5.6B6.7B6.6B5.9B
Intangible Assets3.0M6.4M5.6M5.5M17.4M9.1M

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