Hatsun Total Current Assets vs Cash And Short Term Investments Analysis

HATSUN Stock   1,091  0.20  0.02%   
Hatsun Agro financial indicator trend analysis is much more than just examining Hatsun Agro Product latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hatsun Agro Product is a good investment. Please check the relationship between Hatsun Agro Total Current Assets and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hatsun Agro Product. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Total Current Assets vs Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hatsun Agro Product Total Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hatsun Agro's Total Current Assets and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Hatsun Agro Product, assuming nothing else is changed. The correlation between historical values of Hatsun Agro's Total Current Assets and Cash And Short Term Investments 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 Hatsun Agro Product are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Hatsun Agro's Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55
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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Hatsun Agro Product balance sheet. This account contains Hatsun Agro investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Hatsun Agro Product fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Hatsun Agro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hatsun Agro Product 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hatsun Agro Product. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
As of November 28, 2024, Selling General Administrative is expected to decline to about 275.9 M. In addition to that, Tax Provision is expected to decline to about 685.3 M
 2021 2022 2023 2024 (projected)
Interest Expense1.1B1.3B1.5B1.6B
Depreciation And Amortization3.1B3.6B4.1B4.3B

Hatsun Agro fundamental ratios Correlations

0.990.330.970.980.990.990.660.990.70.720.990.910.390.590.990.930.830.37-0.440.420.060.990.760.870.79
0.990.280.980.950.961.00.650.970.670.730.980.930.420.581.00.960.80.43-0.460.370.060.980.740.870.75
0.330.280.240.380.40.280.330.390.330.140.370.160.02-0.380.30.160.31-0.23-0.240.26-0.750.240.140.270.56
0.970.980.240.910.940.980.70.950.680.690.940.910.410.610.990.940.790.36-0.390.360.140.960.790.890.72
0.980.950.380.910.980.950.60.980.690.710.980.880.310.590.950.890.840.35-0.420.460.020.970.710.820.83
0.990.960.40.940.980.960.671.00.740.650.980.840.420.520.980.870.870.26-0.460.50.040.970.760.860.84
0.991.00.280.980.950.960.640.970.660.730.980.930.420.571.00.960.80.43-0.460.380.060.980.740.870.75
0.660.650.330.70.60.670.640.670.940.170.630.520.390.410.680.570.710.09-0.10.06-0.060.640.880.760.56
0.990.970.390.950.981.00.970.670.740.650.990.840.430.530.980.870.870.27-0.460.490.040.970.760.860.84
0.70.670.330.680.690.740.660.940.740.180.690.490.40.440.70.550.770.06-0.20.130.00.690.890.730.63
0.720.730.140.690.710.650.730.170.650.180.710.820.050.520.710.810.270.59-0.270.21-0.050.730.350.350.32
0.990.980.370.940.980.980.980.630.990.690.710.890.420.530.980.910.820.39-0.50.420.00.980.720.840.79
0.910.930.160.910.880.840.930.520.840.490.820.890.190.670.921.00.650.62-0.350.190.060.920.630.770.59
0.390.420.020.410.310.420.420.390.430.40.050.420.190.020.420.250.450.11-0.660.480.20.380.240.450.4
0.590.58-0.380.610.590.520.570.410.530.440.520.530.670.020.580.680.470.510.070.090.550.650.610.470.24
0.991.00.30.990.950.981.00.680.980.70.710.980.920.420.580.940.820.38-0.440.390.080.980.770.880.76
0.930.960.160.940.890.870.960.570.870.550.810.911.00.250.680.940.690.59-0.350.210.090.940.680.80.61
0.830.80.310.790.840.870.80.710.870.770.270.820.650.450.470.820.690.09-0.430.540.20.840.720.930.9
0.370.43-0.230.360.350.260.430.090.270.060.590.390.620.110.510.380.590.09-0.34-0.20.00.420.120.20.02
-0.44-0.46-0.24-0.39-0.42-0.46-0.46-0.1-0.46-0.2-0.27-0.5-0.35-0.660.07-0.44-0.35-0.43-0.34-0.48-0.03-0.450.02-0.39-0.52
0.420.370.260.360.460.50.380.060.490.130.210.420.190.480.090.390.210.54-0.2-0.480.260.420.020.380.65
0.060.06-0.750.140.020.040.06-0.060.040.0-0.050.00.060.20.550.080.090.20.0-0.030.260.140.130.16-0.05
0.990.980.240.960.970.970.980.640.970.690.730.980.920.380.650.980.940.840.42-0.450.420.140.750.860.76
0.760.740.140.790.710.760.740.880.760.890.350.720.630.240.610.770.680.720.120.020.020.130.750.760.5
0.870.870.270.890.820.860.870.760.860.730.350.840.770.450.470.880.80.930.2-0.390.380.160.860.760.82
0.790.750.560.720.830.840.750.560.840.630.320.790.590.40.240.760.610.90.02-0.520.65-0.050.760.50.82
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Hatsun Agro Account Relationship Matchups

Hatsun Agro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.1B31.2B35.4B37.5B47.3B49.7B
Short Long Term Debt Total14.3B16.2B19.4B17.9B27.0B28.3B
Other Current Liab8.2B2.4B2.6B2.0B2.4B1.7B
Total Current Liabilities9.6B13.4B14.2B11.9B18.4B19.3B
Total Stockholder Equity9.0B10.2B11.1B14.4B15.7B16.5B
Property Plant And Equipment Net21.5B23.3B26.4B28.6B30.2B31.7B
Net Debt13.9B15.9B19.0B17.6B26.5B27.8B
Cash406.9M340.7M371.1M371.1M507.3M273.2M
Non Current Assets Total22.2B24.0B27.4B29.9B31.4B33.0B
Cash And Short Term Investments437.4M377.6M379.3M619.6M516.7M294.0M
Common Stock Shares Outstanding220.1M219.6M219.6M220.1M222.7M239.8M
Liabilities And Stockholders Equity27.1B31.2B35.4B37.5B47.3B49.7B
Non Current Liabilities Total8.5B7.6B10.1B11.2B13.2B13.9B
Inventory3.7B5.7B6.1B5.8B14.5B15.2B
Other Current Assets805.9M1.0B1.4B908.1M764.4M696.4M
Other Stockholder Equity9.5B(3.1B)5.9B8.8B10.1B10.6B
Total Liab18.1B21.0B24.3B23.1B31.6B33.2B
Total Current Assets5.0B7.2B8.0B7.6B15.9B16.7B
Accumulated Other Comprehensive Income(4.1B)(6.7B)511.2M513.8M590.9M620.5M
Common Stock159.8M161.7M215.6M222.8M256.2M155.2M
Non Currrent Assets Other(14K)(2K)(4K)203.9M829.0M870.4M
Net Receivables161.2M90.7M77.8M78.0M100.6M95.5M
Intangible Assets46.9M75.0M83.0M55.2M42.3M52.9M
Current Deferred Revenue(6.5B)2.2B2.2B1.8B99.1M94.2M
Retained Earnings2.5B3.6B4.5B4.9B6.2B6.5B
Accounts Payable1.4B1.4B1.5B1.8B1.9B1.6B
Short Term Debt6.5B9.4B9.9B7.5B14.2B7.2B
Other Liab403.0M651.0M811.4M659.0M757.8M480.9M
Net Tangible Assets7.9B8.9B10.1B10.9B12.6B13.2B
Other Assets4K1.1B772.2M819.1M941.9M644.9M
Long Term Debt6.1B5.4B7.8B7.8B9.6B5.8B
Short Long Term Debt5.8B5.7B9.2B6.7B13.2B6.7B
Property Plant Equipment21.0B23.0B26.3B28.6B32.8B17.5B
Short Term Investments30.5M36.8M8.1M248.5M9.5M9.0M
Long Term Debt Total7.9B6.8B9.5B10.4B12.0B7.0B
Capital Surpluse4.8B5.9B5.9B8.8B10.1B10.6B

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Other Information on Investing in Hatsun Stock

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