Exxaro Retained Earnings vs Non Currrent Assets Other Analysis

EXXARO Stock   11.04  0.36  3.16%   
Exxaro Tiles financial indicator trend analysis is much more than just examining Exxaro Tiles Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exxaro Tiles Limited is a good investment. Please check the relationship between Exxaro Tiles Retained Earnings and its Non Currrent Assets Other accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exxaro Tiles 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.

Retained Earnings vs Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Exxaro Tiles Limited Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Exxaro Tiles' Retained Earnings and Non Currrent Assets Other is -0.56. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Exxaro Tiles Limited, assuming nothing else is changed. The correlation between historical values of Exxaro Tiles' Retained Earnings 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 Retained Earnings of Exxaro Tiles 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 Retained Earnings i.e., Exxaro Tiles' Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Exxaro Tiles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exxaro Tiles Limited 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 Exxaro Tiles 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.
As of December 15, 2024, Selling General Administrative is expected to decline to about 16.3 M. In addition to that, Tax Provision is expected to decline to about 9 M
 2021 2022 2023 2024 (projected)
Interest Expense89.6M92.8M142.2M142.9M
Depreciation And Amortization136.4M157.7M93.6M173.5M

Exxaro Tiles fundamental ratios Correlations

-0.74-0.040.710.92-0.37-0.670.920.78-0.4-0.29-0.47-0.6-0.110.910.85-0.910.96-0.030.87-0.610.950.56-0.730.860.29
-0.740.31-0.15-0.920.470.99-0.84-0.53-0.250.40.470.43-0.41-0.7-0.720.83-0.68-0.03-0.940.96-0.77-0.030.54-0.88-0.33
-0.040.310.29-0.14-0.150.3-0.08-0.45-0.01-0.18-0.14-0.410.240.01-0.360.020.14-0.48-0.180.320.080.35-0.07-0.24-0.39
0.71-0.150.290.45-0.41-0.050.580.52-0.79-0.37-0.27-0.69-0.430.790.59-0.640.790.160.32-0.040.720.95-0.770.3-0.17
0.92-0.92-0.140.45-0.41-0.890.960.67-0.04-0.33-0.56-0.520.190.860.81-0.940.89-0.030.99-0.820.930.32-0.710.920.3
-0.370.47-0.15-0.41-0.410.46-0.520.07-0.020.990.270.78-0.33-0.6-0.260.62-0.5-0.09-0.30.59-0.56-0.50.62-0.190.54
-0.670.990.3-0.05-0.890.46-0.79-0.45-0.350.40.450.4-0.49-0.63-0.650.78-0.62-0.01-0.910.97-0.710.050.48-0.85-0.33
0.92-0.84-0.080.580.96-0.52-0.790.61-0.18-0.44-0.56-0.590.060.940.78-0.970.94-0.020.9-0.750.970.51-0.830.830.07
0.78-0.53-0.450.520.670.07-0.450.61-0.490.13-0.24-0.24-0.40.650.91-0.590.640.380.67-0.340.630.29-0.510.730.62
-0.4-0.25-0.01-0.79-0.04-0.02-0.35-0.18-0.49-0.06-0.010.180.86-0.39-0.330.18-0.38-0.170.06-0.35-0.28-0.750.360.00.08
-0.290.4-0.18-0.37-0.330.990.4-0.440.13-0.060.180.79-0.35-0.54-0.210.55-0.44-0.11-0.230.54-0.5-0.470.57-0.140.55
-0.470.47-0.14-0.27-0.560.270.45-0.56-0.24-0.010.180.26-0.14-0.55-0.260.56-0.490.07-0.540.4-0.54-0.250.58-0.30.14
-0.60.43-0.41-0.69-0.520.780.4-0.59-0.240.180.790.26-0.21-0.74-0.510.71-0.73-0.12-0.430.41-0.75-0.650.74-0.40.22
-0.11-0.410.24-0.430.19-0.33-0.490.06-0.40.86-0.35-0.14-0.21-0.07-0.12-0.15-0.04-0.120.25-0.510.05-0.390.040.130.01
0.91-0.70.010.790.86-0.6-0.630.940.65-0.39-0.54-0.55-0.74-0.070.82-0.970.960.170.78-0.60.970.72-0.940.69-0.04
0.85-0.72-0.360.590.81-0.26-0.650.780.91-0.33-0.21-0.26-0.51-0.120.82-0.810.80.440.79-0.570.810.4-0.710.810.46
-0.910.830.02-0.64-0.940.620.78-0.97-0.590.180.550.560.71-0.15-0.97-0.81-0.95-0.1-0.880.75-0.98-0.570.89-0.77-0.04
0.96-0.680.140.790.89-0.5-0.620.940.64-0.38-0.44-0.49-0.73-0.040.960.8-0.95-0.010.81-0.560.990.7-0.860.760.07
-0.03-0.03-0.480.16-0.03-0.09-0.01-0.020.38-0.17-0.110.07-0.12-0.120.170.44-0.1-0.01-0.040.010.010.13-0.34-0.10.08
0.87-0.94-0.180.320.99-0.3-0.910.90.670.06-0.23-0.54-0.430.250.780.79-0.880.81-0.04-0.830.860.17-0.60.950.42
-0.610.960.32-0.04-0.820.590.97-0.75-0.34-0.350.540.40.41-0.51-0.6-0.570.75-0.560.01-0.83-0.660.020.45-0.75-0.18
0.95-0.770.080.720.93-0.56-0.710.970.63-0.28-0.5-0.54-0.750.050.970.81-0.980.990.010.86-0.660.63-0.870.790.07
0.56-0.030.350.950.32-0.50.050.510.29-0.75-0.47-0.25-0.65-0.390.720.4-0.570.70.130.170.020.63-0.770.1-0.44
-0.730.54-0.07-0.77-0.710.620.48-0.83-0.510.360.570.580.740.04-0.94-0.710.89-0.86-0.34-0.60.45-0.87-0.77-0.460.24
0.86-0.88-0.240.30.92-0.19-0.850.830.730.0-0.14-0.3-0.40.130.690.81-0.770.76-0.10.95-0.750.790.1-0.460.57
0.29-0.33-0.39-0.170.30.54-0.330.070.620.080.550.140.220.01-0.040.46-0.040.070.080.42-0.180.07-0.440.240.57
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Exxaro Tiles Account Relationship Matchups

Exxaro Tiles fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.7B4.0B4.7B4.9B4.4B
Short Long Term Debt Total1.7B1.6B568.6M939.5M974.5M1.1B
Other Current Liab428.9M337.3M322.1M232.0M307.5M257.9M
Total Current Liabilities1.7B1.6B1.1B1.6B1.8B1.6B
Total Stockholder Equity1.2B1.4B2.7B2.7B2.8B1.9B
Property Plant And Equipment Net1.7B1.6B1.5B2.0B1.9B1.5B
Net Debt1.7B1.6B405.8M933.6M965.7M1.0B
Retained Earnings449.8M602.0M764.1M836.8M859.2M599.1M
Accounts Payable407.5M301.9M388.9M656.3M713.6M521.8M
Cash5.3M21.8M162.8M5.9M8.8M8.4M
Non Current Assets Total1.7B1.6B1.5B2.1B2.0B1.5B
Non Currrent Assets Other(1.7B)8.7M(1.5B)(2.1B)31.3M32.8M
Other Assets10.0M10K8.7M(1K)20.2M(950.0)
Cash And Short Term Investments35.2M52.5M191.2M35.1M40.1M57.0M
Net Receivables963.6M946.2M1.0B1.1B1.2B1.0B
Common Stock Shares Outstanding32.9M44.7M33.6M40.7M51.5M42.3M
Liabilities And Stockholders Equity3.9B3.7B4.0B4.7B4.9B4.4B
Non Current Liabilities Total922.9M743.8M300.6M383.1M311.5M613.2M
Inventory1.1B1.0B1.1B1.3B1.6B1.2B
Other Current Assets71.5M76.3M171.7M114.7M141.1M158.9M
Other Stockholder Equity342.7M342.8M1.4B1.4B1.4B825.6M
Total Liab2.7B2.3B1.4B1.9B2.1B1.8B
Total Current Assets2.1B2.1B2.5B2.6B2.9B2.3B
Accumulated Other Comprehensive Income79.3M80.1M29.5M29.4M33.8M41.0M
Short Term Debt877.8M947.4M408.8M699.6M760.4M758.9M
Other Liab59.1M44.7M80.6M93.9M108.0M82.0M
Net Tangible Assets1.2B1.4B2.7B2.7B3.2B1.8B
Short Term Investments29.9M30.7M28.4M29.2M31.3M28.1M
Property Plant Equipment1.7B1.6B1.5B2.0B1.8B1.4B
Current Deferred Revenue(1.2B)169.4M154.7M66.3M18.5M19.4M
Long Term Debt831.5M664.5M220M289.2M214.2M409.3M
Net Invested Capital2.9B2.9B3.2B3.7B3.7B3.5B
Short Long Term Debt877.8M910.8M348.6M650.4M760.4M567.2M
Net Working Capital384.4M484.0M1.4B1.0B1.1B850.7M

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Other Information on Investing in Exxaro Stock

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