Exide Net Receivables vs Non Currrent Assets Other Analysis

EXIDEIND   452.60  4.45  0.97%   
Exide Industries financial indicator trend analysis is much more than just examining Exide Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exide Industries is a good investment. Please check the relationship between Exide Industries Net Receivables and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exide Industries 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 income.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exide Industries Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between Exide Industries' Net Receivables and Non Currrent Assets Other is 0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Exide Industries Limited, assuming nothing else is changed. The correlation between historical values of Exide Industries' Net Receivables and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Exide Industries Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Exide Industries' Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Exide Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exide Industries 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 Exide Industries 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 income.
As of the 29th of November 2024, Selling General Administrative is likely to drop to about 1.9 B. In addition to that, Tax Provision is likely to drop to about 2.5 B
 2021 2022 2023 2024 (projected)
Gross Profit34.7B47.2B36.5B44.0B
Total Revenue127.1B150.8B167.7B112.6B

Exide Industries fundamental ratios Correlations

0.360.440.990.390.47-0.220.880.890.350.180.710.9-0.060.290.740.84-0.050.710.790.620.910.330.260.50.5
0.360.930.280.730.98-0.34-0.050.610.740.890.280.630.80.990.760.230.130.02-0.260.050.63-0.620.80.0-0.38
0.440.930.390.660.94-0.260.110.570.690.920.430.70.830.910.80.340.170.05-0.120.230.66-0.590.910.03-0.33
0.990.280.390.30.39-0.190.920.820.260.120.720.85-0.110.210.680.84-0.050.730.850.650.870.380.220.510.54
0.390.730.660.30.790.050.10.640.990.690.280.640.550.670.710.52-0.110.2-0.070.040.52-0.120.76-0.07-0.29
0.470.980.940.390.79-0.310.10.670.790.890.40.710.770.950.810.350.050.09-0.120.150.69-0.50.850.02-0.37
-0.22-0.34-0.26-0.190.05-0.31-0.01-0.270.06-0.090.04-0.14-0.06-0.37-0.180.18-0.090.190.01-0.3-0.380.29-0.01-0.10.17
0.88-0.050.110.920.10.1-0.010.580.05-0.140.640.64-0.36-0.120.380.82-0.130.80.970.680.660.630.020.50.67
0.890.610.570.820.640.67-0.270.580.60.360.580.920.150.560.880.74-0.060.560.480.420.910.110.390.370.29
0.350.740.690.260.990.790.060.050.60.730.270.630.610.680.710.49-0.070.13-0.120.020.49-0.20.8-0.1-0.34
0.180.890.920.120.690.89-0.09-0.140.360.730.310.530.960.880.670.160.2-0.1-0.37-0.10.39-0.70.92-0.09-0.47
0.710.280.430.720.280.40.040.640.580.270.310.70.170.220.620.580.070.460.550.40.540.160.340.070.32
0.90.630.70.850.640.71-0.140.640.920.630.530.70.330.570.950.770.040.50.490.410.90.010.570.450.21
-0.060.80.83-0.110.550.77-0.06-0.360.150.610.960.170.330.810.52-0.090.24-0.32-0.56-0.260.17-0.810.85-0.18-0.6
0.290.990.910.210.670.95-0.37-0.120.560.680.880.220.570.810.720.150.16-0.05-0.330.00.58-0.690.76-0.02-0.42
0.740.760.80.680.710.81-0.180.380.880.710.670.620.950.520.720.610.080.270.220.240.82-0.230.670.32-0.01
0.840.230.340.840.520.350.180.820.740.490.160.580.77-0.090.150.61-0.240.760.730.580.730.450.330.30.47
-0.050.130.17-0.05-0.110.05-0.09-0.13-0.06-0.070.20.070.040.240.160.08-0.24-0.12-0.16-0.120.06-0.330.070.030.02
0.710.020.050.730.20.090.190.80.560.13-0.10.460.5-0.32-0.050.270.76-0.120.770.440.510.61-0.010.420.82
0.79-0.26-0.120.85-0.07-0.120.010.970.48-0.12-0.370.550.49-0.56-0.330.220.73-0.160.770.650.530.75-0.210.490.76
0.620.050.230.650.040.15-0.30.680.420.02-0.10.40.41-0.260.00.240.58-0.120.440.650.590.320.120.070.34
0.910.630.660.870.520.69-0.380.660.910.490.390.540.90.170.580.820.730.060.510.530.590.020.440.420.21
0.33-0.62-0.590.38-0.12-0.50.290.630.11-0.2-0.70.160.01-0.81-0.69-0.230.45-0.330.610.750.320.02-0.480.270.65
0.260.80.910.220.760.85-0.010.020.390.80.920.340.570.850.760.670.330.07-0.01-0.210.120.44-0.48-0.1-0.45
0.50.00.030.51-0.070.02-0.10.50.37-0.1-0.090.070.45-0.18-0.020.320.30.030.420.490.070.420.27-0.10.45
0.5-0.38-0.330.54-0.29-0.370.170.670.29-0.34-0.470.320.21-0.6-0.42-0.010.470.020.820.760.340.210.65-0.450.45
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Exide Industries Account Relationship Matchups

Exide Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets243.7B286.9B139.1B140.5B181.5B127.9B
Total Stockholder Equity64.7B72.7B105.8B112.1B128.9B135.3B
Property Plant And Equipment Net30.7B34.2B35.9B29.3B49.3B51.7B
Non Current Assets Total189.6B224.3B87.9B89.7B119.0B91.9B
Liabilities And Stockholders Equity243.7B286.9B139.1B140.5B181.5B127.9B
Inventory24.1B26.4B28.6B29.9B38.7B40.6B
Other Stockholder Equity14.7B(52.0B)(54.7B)7.4B(114.4B)7.7B
Total Liab178.5B213.7B32.9B28.4B52.5B78.0B
Total Current Assets54.1B62.6B51.2B50.9B62.5B36.0B
Accumulated Other Comprehensive Income(13.4B)4.3B(7.9B)(10.4B)38.9M40.8M
Short Long Term Debt Total2.0B5.1B5.2B4.5B11.2B11.8B
Other Current Liab16.5B21.2B5.7B3.2B11.5B7.8B
Total Current Liabilities32.5B48.0B28.2B25.0B44.5B28.0B
Net Debt(1.3B)1.7B3.3B2.1B8.0B8.4B
Retained Earnings53.8B60.2B105.5B113.5B120.6B126.6B
Accounts Payable16.1B23.7B18.5B15.3B27.1B15.0B
Cash3.3B3.4B1.9B681.2M3.2B2.4B
Non Currrent Assets Other3.8B10.2B1.5B14.0B9.9B7.4B
Cash And Short Term Investments13.4B18.9B9.0B6.7B5.8B11.5B
Non Current Liabilities Total146.0B165.6B4.7B3.4B8.0B7.6B
Other Current Assets16.5B7.0B2.7B1.5B4.2B6.8B
Net Receivables14.4B15.2B11.8B12.7B13.8B12.0B
Intangible Assets907.5M981.4M928M257.4M2.3B2.5B
Current Deferred Revenue(860.9M)21.2B5.7B6.5B1.0B974.4M
Short Term Investments10.1B15.5B7.1B6.0B2.6B2.5B
Short Term Debt860.9M819.4M1.4B68.1M4.9B5.1B
Other Liab129.2B144.9B161.4B851.9M979.7M930.7M
Net Tangible Assets54.5B57.9B65.9B104.4B120.1B126.1B
Other Assets4.8B6.0B2.4B2.6B2.3B2.2B
Long Term Debt88.5M855.8M823.6M1.4B2.2B2.3B
Short Long Term Debt618M466.7M1.3B1.4B4.8B5.0B
Property Plant Equipment29.8B33.5B35.6B39.2B45.1B27.1B
Long Term Debt Total1.1B4.3B3.8B4.4B5.1B5.3B
Non Current Liabilities Other2.0B2.7B5.0B5.6B6.4B3.7B
Cash And Equivalents1.4B730.4M400K156.7M141.0M134.0M
Net Invested Capital65.4B74.0B107.9B112.1B135.8B96.2B

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Other Information on Investing in Exide Stock

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