Electronics Short Term Investments vs Net Receivables 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 Short Term Investments and its Net Receivables 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.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electronics Mart India Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Electronics Mart's Short Term Investments and Net Receivables is 0.65. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables 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 Short Term Investments 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 Short Term Investments of Electronics Mart 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 Short Term Investments i.e., Electronics Mart's Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Electronics Mart balance sheet. It contains any investments Electronics Mart India undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Electronics Mart India can easily liquidate in the marketplace.

Net Receivables

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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