Escorts Intangible Assets vs Total Current Assets Analysis

ESCORTS Stock   3,513  87.30  2.42%   
Escorts Kubota financial indicator trend analysis is much more than just examining Escorts Kubota latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Escorts Kubota is a good investment. Please check the relationship between Escorts Kubota Intangible Assets and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Escorts Kubota 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 metropolitan statistical area.

Intangible Assets vs Total Current Assets

Intangible Assets vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Escorts Kubota Intangible Assets account and Total Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Escorts Kubota's Intangible Assets and Total Current Assets is 0.58. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Escorts Kubota Limited, assuming nothing else is changed. The correlation between historical values of Escorts Kubota's Intangible Assets and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Escorts Kubota Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Intangible Assets i.e., Escorts Kubota's Intangible Assets and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.
Most indicators from Escorts Kubota's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Escorts Kubota 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 Escorts Kubota 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 metropolitan statistical area.
At this time, Escorts Kubota's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 14.9 M in 2024, whereas Tax Provision is likely to drop slightly above 2.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit20.2B23.1B26.5B13.9B
Total Revenue70.8B84.3B88.5B50.2B

Escorts Kubota fundamental ratios Correlations

-0.680.340.41.00.54-0.720.520.410.890.440.880.420.630.020.59-0.250.740.250.830.480.950.580.290.96-0.76
-0.68-0.69-0.79-0.68-0.810.99-0.65-0.41-0.5-0.38-0.63-0.35-0.760.24-0.520.82-0.72-0.49-0.47-0.35-0.72-0.74-0.76-0.570.8
0.34-0.690.550.330.35-0.640.240.10.050.20.470.230.24-0.610.5-0.50.420.50.030.330.490.530.420.39-0.67
0.4-0.790.550.380.86-0.80.850.550.350.030.220.640.73-0.010.13-0.850.740.410.10.650.380.640.770.25-0.39
1.0-0.680.330.380.54-0.710.50.390.880.470.90.380.620.00.61-0.260.730.250.850.440.960.590.30.96-0.77
0.54-0.810.350.860.54-0.830.760.580.450.290.430.410.80.190.37-0.840.780.350.40.410.540.610.880.33-0.45
-0.720.99-0.64-0.8-0.71-0.83-0.72-0.54-0.57-0.33-0.62-0.42-0.790.12-0.470.78-0.76-0.41-0.48-0.44-0.73-0.71-0.73-0.60.78
0.52-0.650.240.850.50.76-0.720.740.620.080.210.810.650.180.04-0.610.830.180.30.730.390.610.540.38-0.4
0.41-0.410.10.550.390.58-0.540.740.51-0.010.180.640.460.48-0.01-0.260.66-0.180.190.650.290.280.280.31-0.27
0.89-0.50.050.350.880.45-0.570.620.510.120.60.610.640.260.21-0.130.65-0.040.740.570.710.490.140.85-0.51
0.44-0.380.20.030.470.29-0.330.08-0.010.120.66-0.270.0-0.290.84-0.20.420.520.6-0.250.60.360.310.39-0.63
0.88-0.630.470.220.90.43-0.620.210.180.60.660.050.42-0.190.86-0.20.580.350.790.190.970.490.290.87-0.82
0.42-0.350.230.640.380.41-0.420.810.640.61-0.270.050.360.11-0.17-0.220.69-0.010.090.870.240.460.140.41-0.25
0.63-0.760.240.730.620.8-0.790.650.460.640.00.420.360.30.11-0.70.530.190.420.460.550.460.650.45-0.34
0.020.24-0.61-0.010.00.190.120.180.480.26-0.29-0.190.110.3-0.360.14-0.05-0.570.050.21-0.15-0.380.05-0.130.48
0.59-0.520.50.130.610.37-0.470.04-0.010.210.840.86-0.170.11-0.36-0.240.480.450.62-0.10.780.420.40.57-0.76
-0.250.82-0.5-0.85-0.26-0.840.78-0.61-0.26-0.13-0.2-0.2-0.22-0.70.14-0.24-0.52-0.49-0.15-0.17-0.3-0.64-0.92-0.060.39
0.74-0.720.420.740.730.78-0.760.830.660.650.420.580.690.53-0.050.48-0.520.420.530.630.710.750.510.66-0.68
0.25-0.490.50.410.250.35-0.410.18-0.18-0.040.520.35-0.010.19-0.570.45-0.490.420.170.070.410.480.380.24-0.45
0.83-0.470.030.10.850.4-0.480.30.190.740.60.790.090.420.050.62-0.150.530.170.040.790.560.230.77-0.59
0.48-0.350.330.650.440.41-0.440.730.650.57-0.250.190.870.460.21-0.1-0.170.630.070.040.360.260.130.47-0.22
0.95-0.720.490.380.960.54-0.730.390.290.710.60.970.240.55-0.150.78-0.30.710.410.790.360.580.360.92-0.84
0.58-0.740.530.640.590.61-0.710.610.280.490.360.490.460.46-0.380.42-0.640.750.480.560.260.580.490.54-0.66
0.29-0.760.420.770.30.88-0.730.540.280.140.310.290.140.650.050.4-0.920.510.380.230.130.360.490.07-0.38
0.96-0.570.390.250.960.33-0.60.380.310.850.390.870.410.45-0.130.57-0.060.660.240.770.470.920.540.07-0.77
-0.760.8-0.67-0.39-0.77-0.450.78-0.4-0.27-0.51-0.63-0.82-0.25-0.340.48-0.760.39-0.68-0.45-0.59-0.22-0.84-0.66-0.38-0.77
Click cells to compare fundamentals

Escorts Kubota Account Relationship Matchups

Escorts Kubota fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.2B68.8B91.1B100.9B112.7B118.3B
Short Long Term Debt Total476.7M606.1M519.5M573M530.9M504.4M
Other Current Liab7.0B9.0B4.9B3.3B4.7B3.7B
Total Current Liabilities17.8B17.0B13.6B17.2B18.7B14.7B
Total Stockholder Equity31.2B50.3B76.0B81.9B91.8B96.4B
Property Plant And Equipment Net17.5B17.4B17.9B18.5B18.9B16.0B
Net Debt(1.2B)(451.3M)(395.6M)(1.2B)(1.6B)(1.5B)
Accounts Payable9.4B7.6B7.1B12.6B12.1B9.0B
Cash1.7B1.1B915.1M1.8B2.1B1.2B
Non Current Assets Total21.0B22.5B22.9B51.8B54.0B56.6B
Non Currrent Assets Other8.1B857.7M49.3B23.8B3.0B2.9B
Cash And Short Term Investments8.2B28.3B46.8B22.9B30.9B32.4B
Net Receivables7.7B6.9B(22.9M)11.8B11.7B6.8B
Short Term Investments6.5B27.2B45.9B21.0B9.8B7.9B
Liabilities And Stockholders Equity50.2B68.8B91.1B100.9B112.7B118.3B
Non Current Liabilities Total1.2B1.6B1.6B1.9B2.2B3.5B
Inventory8.8B7.2B8.5B12.2B12.2B6.3B
Other Current Assets12.1B4.3B12.9B4.1B3.9B4.3B
Total Liab18.9B18.5B15.1B19.0B20.9B19.4B
Total Current Assets29.1B46.3B68.1B49.0B58.7B61.7B
Accumulated Other Comprehensive Income8.4B8.6B8.5B8.5B8.5B8.9B
Intangible Assets530.2M523.2M552.7M733.6M754.2M417.6M
Retained Earnings20.3B28.7B35.4B41.0B50.7B53.3B
Short Term Debt232M112.6M(1.1B)(959.3M)177.8M168.9M
Current Deferred Revenue6.0B6.6B1.2B1.1B993.8M944.1M
Other Assets1.7B2.3B2.1B193.8M222.9M211.7M
Short Long Term Debt2.8B172.6M8.2M0.042M39.9M
Other Liab1.1B929.7M1.1B1.1B1.3B1.0B
Net Tangible Assets26.2B30.6B49.7B75.4B86.8B91.1B
Property Plant Equipment17.5B17.4B17.9B18.5B21.3B18.4B
Long Term Debt Total244.7M493.5M413.5M449.1M404.2M326.6M
Capital Lease Obligations277.2M580.7M519.5M573M488.9M335.9M

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