Escorts Inventory vs Total Current Liabilities Analysis

ESCORTS Stock   3,554  40.55  1.15%   
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 Inventory and its Total Current Liabilities 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.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Escorts Kubota Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Escorts Kubota's Inventory and Total Current Liabilities is 0.74. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities 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 Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Escorts Kubota Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Escorts Kubota's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Escorts Kubota balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Escorts Kubota Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Escorts Stock Analysis

When running Escorts Kubota's price analysis, check to measure Escorts Kubota's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Escorts Kubota is operating at the current time. Most of Escorts Kubota's value examination focuses on studying past and present price action to predict the probability of Escorts Kubota's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Escorts Kubota's price. Additionally, you may evaluate how the addition of Escorts Kubota to your portfolios can decrease your overall portfolio volatility.