Eros Total Current Assets vs Common Stock Shares Outstanding Analysis

EROSMEDIA   14.38  0.39  2.64%   
Eros International financial indicator trend analysis is much more than just examining Eros International Media latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eros International Media is a good investment. Please check the relationship between Eros International Total Current Assets and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eros International Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Total Current Assets vs Common Stock Shares Outstanding

Total Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eros International Media Total Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Eros International's Total Current Assets and Common Stock Shares Outstanding is 0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Eros International Media, assuming nothing else is changed. The correlation between historical values of Eros International's Total Current Assets and Common Stock Shares Outstanding 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 Eros International Media are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Current Assets i.e., Eros International's Total Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Eros International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eros International Media 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 Eros International Media. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
As of November 25, 2024, Selling General Administrative is expected to decline to about 60 M. In addition to that, Tax Provision is expected to decline to about 855 K
 2021 2022 2023 2024 (projected)
Interest Expense552.3M691.2M794.9M496.6M
Depreciation And Amortization1.3B1.0B901.2M856.1M

Eros International fundamental ratios Correlations

0.72-0.390.840.97-0.250.620.050.99-0.010.190.510.7-0.1-0.130.540.910.70.560.290.690.250.820.120.740.49
0.72-0.310.570.74-0.030.94-0.150.79-0.44-0.150.20.34-0.110.110.40.580.180.36-0.080.410.080.760.480.690.88
-0.39-0.31-0.38-0.32-0.18-0.390.36-0.44-0.150.01-0.51-0.45-0.060.250.15-0.45-0.03-0.58-0.38-0.18-0.3-0.240.28-0.010.09
0.840.57-0.380.69-0.40.6-0.30.810.11-0.020.480.420.14-0.310.630.970.660.470.420.680.260.610.040.430.43
0.970.74-0.320.69-0.170.590.190.97-0.130.240.460.68-0.21-0.040.460.770.640.540.210.630.190.820.180.820.53
-0.25-0.03-0.18-0.4-0.17-0.090.21-0.16-0.190.05-0.25-0.06-0.04-0.05-0.4-0.35-0.58-0.16-0.2-0.5-0.16-0.11-0.09-0.01-0.08
0.620.94-0.390.60.59-0.09-0.470.68-0.37-0.350.140.23-0.010.10.470.570.110.25-0.030.40.130.670.460.530.81
0.05-0.150.36-0.30.190.21-0.470.03-0.10.660.050.2-0.270.0-0.34-0.20.120.16-0.15-0.13-0.140.06-0.080.27-0.07
0.990.79-0.440.810.97-0.160.680.03-0.050.190.490.68-0.14-0.140.480.880.580.580.220.610.260.840.150.750.54
-0.01-0.44-0.150.11-0.13-0.19-0.37-0.1-0.050.090.410.34-0.23-0.3-0.10.190.180.270.340.160.11-0.34-0.17-0.44-0.58
0.19-0.150.01-0.020.240.05-0.350.660.190.090.00.390.0-0.09-0.270.090.130.2-0.25-0.340.570.34-0.540.35-0.3
0.510.2-0.510.480.46-0.250.140.050.490.410.00.39-0.35-0.42-0.160.520.440.90.680.63-0.130.020.09-0.090.02
0.70.34-0.450.420.68-0.060.230.20.680.340.390.39-0.020.040.250.640.540.410.120.380.380.62-0.20.54-0.03
-0.1-0.11-0.060.14-0.21-0.04-0.01-0.27-0.14-0.230.0-0.35-0.020.10.280.110.12-0.36-0.2-0.160.270.09-0.430.01-0.08
-0.130.110.25-0.31-0.04-0.050.10.0-0.14-0.3-0.09-0.420.040.10.19-0.25-0.02-0.48-0.38-0.110.30.16-0.060.240.07
0.540.40.150.630.46-0.40.47-0.340.48-0.1-0.27-0.160.250.280.190.60.64-0.270.110.580.130.540.170.550.41
0.910.58-0.450.970.77-0.350.57-0.20.880.190.090.520.640.11-0.250.60.710.510.390.680.330.69-0.030.520.36
0.70.18-0.030.660.64-0.580.110.120.580.180.130.440.540.12-0.020.640.710.280.50.810.140.44-0.070.460.1
0.560.36-0.580.470.54-0.160.250.160.580.270.20.90.41-0.36-0.48-0.270.510.280.470.46-0.020.180.120.050.15
0.29-0.08-0.380.420.21-0.2-0.03-0.150.220.34-0.250.680.12-0.2-0.380.110.390.50.470.67-0.23-0.13-0.07-0.18-0.17
0.690.41-0.180.680.63-0.50.4-0.130.610.16-0.340.630.38-0.16-0.110.580.680.810.460.67-0.230.290.370.280.37
0.250.08-0.30.260.19-0.160.13-0.140.260.110.57-0.130.380.270.30.130.330.14-0.02-0.23-0.230.49-0.60.33-0.21
0.820.76-0.240.610.82-0.110.670.060.84-0.340.340.020.620.090.160.540.690.440.18-0.130.290.49-0.020.930.55
0.120.480.280.040.18-0.090.46-0.080.15-0.17-0.540.09-0.2-0.43-0.060.17-0.03-0.070.12-0.070.37-0.6-0.020.10.7
0.740.69-0.010.430.82-0.010.530.270.75-0.440.35-0.090.540.010.240.550.520.460.05-0.180.280.330.930.10.56
0.490.880.090.430.53-0.080.81-0.070.54-0.58-0.30.02-0.03-0.080.070.410.360.10.15-0.170.37-0.210.550.70.56
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Eros International Account Relationship Matchups

Eros International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0B24.1B24.1B22.6B26.0B27.1B
Short Long Term Debt Total5.7B5.6B4.8B1.9B2.2B2.1B
Other Current Liab1.9B3.3B1.2B1.5B1.3B2.0B
Total Current Liabilities11.8B11.3B10.1B9.3B10.7B10.3B
Total Stockholder Equity12.5B10.4B10.7B10.3B11.8B13.6B
Property Plant And Equipment Net380.3M533M448.8M258.8M232.9M221.3M
Net Debt5.5B5.3B4.8B986.9M1.1B1.1B
Cash110.7M265.6M40.8M917.7M825.9M755.7M
Non Current Assets Total18.6B18.4B17.3B14.3B16.5B19.1B
Non Currrent Assets Other(6.5B)9.1B10.0B10.5B12.0B12.6B
Cash And Short Term Investments118.6M265.6M90.5M926.5M833.9M1.1B
Common Stock Shares Outstanding95.6M95.7M95.9M95.9M110.3M100.4M
Liabilities And Stockholders Equity25.0B24.1B24.1B22.6B26.0B27.1B
Non Current Liabilities Total526.1M2.3B3.2B2.9B3.3B3.2B
Inventory30.1M400K85M85.9M77.3M73.4M
Other Current Assets14.2M309.6M79.4M538.3M484.5M460.2M
Other Stockholder Equity4.2B4.2B4.2B4.2B3.8B4.3B
Total Liab12.4B13.6B13.3B12.2B14.1B13.5B
Total Current Assets6.4B5.8B6.7B8.3B9.5B8.0B
Accumulated Other Comprehensive Income(775.9M)1.6B2.0B2.7B3.2B3.3B
Common Stock956.3M958.6M958.8M959.1M1.1B951.3M
Accounts Payable3.5B2.2B2.1B4.9B5.6B2.8B
Net Receivables5.9B5.1B6.5B6.7B7.7B5.8B
Short Term Investments7.9M15.1M49.7M181M162.9M154.8M
Intangible Assets9.7B8.6B6.9B3.7B3.4B3.2B
Current Deferred Revenue2.6B3.7B3.7B768.2M883.4M839.3M
Retained Earnings5.4B3.6B3.5B2.3B2.1B2.0B
Short Term Debt5.6B5.4B4.2B1.9B2.2B2.1B
Other Liab517.2M2.1B2.6B2.9B3.3B2.5B
Net Tangible Assets6.4B4.8B6.2B8.1B9.3B7.6B
Other Assets12.1B12.2B12.4B11.9B13.6B14.6B
Long Term Debt6.7M300K467.4M3.9M3.5M3.3M
Short Long Term Debt5.5B4.6B4.2B1.9B2.2B4.0B
Property Plant Equipment380.3M533M448.8M258.9M233.0M331.5M
Long Term Debt Total872.4M8.9M182.6M586.2M527.6M665.9M
Capital Surpluse4.2B4.2B4.2B4.2B4.9B4.3B
Net Invested Capital17.9B15.0B15.3B12.2B10.9B16.2B
Net Working Capital(5.4B)(5.6B)(3.4B)(1.1B)(1.2B)(1.3B)

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Other Information on Investing in Eros Stock

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