HDFC Total Stockholder Equity vs Non Current Assets Total Analysis

HDFCAMC Stock   4,204  5.50  0.13%   
HDFC Asset financial indicator trend analysis is much more than just examining HDFC Asset Management latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HDFC Asset Management is a good investment. Please check the relationship between HDFC Asset Total Stockholder Equity and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Asset Management Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HDFC Asset's Total Stockholder Equity and Non Current Assets Total is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of HDFC Asset Management, assuming nothing else is changed. The correlation between historical values of HDFC Asset's Total Stockholder Equity and Non Current Assets Total 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 Stockholder Equity of HDFC Asset Management are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., HDFC Asset's Total Stockholder Equity and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from HDFC Asset's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HDFC Asset Management 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 HDFC Asset Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 1, 2024, Selling General Administrative is expected to decline to about 208.5 M. In addition to that, Tax Provision is expected to decline to about 4.3 B
 2021 2022 2023 2024 (projected)
Gross Profit18.6B18.5B22.8B14.5B
Total Revenue21.2B21.7B25.8B18.3B

HDFC Asset fundamental ratios Correlations

-0.39-0.460.910.920.330.9-0.670.40.90.370.630.280.660.18-0.24-0.050.060.740.83-0.30.85-0.45-0.560.780.99
-0.390.98-0.42-0.41-0.49-0.41-0.18-0.13-0.43-0.17-0.120.02-0.34-0.160.060.90.34-0.47-0.490.16-0.31-0.010.05-0.19-0.44
-0.460.98-0.54-0.46-0.47-0.53-0.08-0.25-0.54-0.32-0.27-0.05-0.49-0.23-0.020.880.32-0.55-0.560.18-0.410.120.06-0.29-0.5
0.91-0.42-0.540.840.231.0-0.580.470.970.610.780.40.90.21-0.1-0.150.030.710.79-0.360.87-0.65-0.520.870.9
0.92-0.41-0.460.840.40.82-0.610.590.810.220.490.350.630.07-0.48-0.080.120.750.77-0.330.8-0.3-0.70.670.93
0.33-0.49-0.470.230.40.2-0.290.070.33-0.29-0.13-0.310.10.0-0.4-0.37-0.430.370.36-0.320.240.39-0.31-0.010.37
0.9-0.41-0.531.00.820.2-0.550.450.960.620.80.420.890.19-0.07-0.140.060.680.78-0.350.87-0.68-0.480.890.88
-0.67-0.18-0.08-0.58-0.61-0.29-0.55-0.3-0.61-0.1-0.33-0.08-0.49-0.150.37-0.36-0.04-0.52-0.580.15-0.540.180.56-0.48-0.66
0.4-0.13-0.250.470.590.070.45-0.30.30.420.320.720.50.48-0.28-0.110.560.60.43-0.460.33-0.34-0.460.20.41
0.9-0.43-0.540.970.810.330.96-0.610.30.50.760.160.850.08-0.07-0.15-0.20.670.76-0.240.89-0.54-0.480.850.89
0.37-0.17-0.320.610.22-0.290.62-0.10.420.50.710.520.680.520.44-0.220.210.360.34-0.380.32-0.91-0.060.50.34
0.63-0.12-0.270.780.49-0.130.8-0.330.320.760.710.30.69-0.010.440.090.020.290.370.010.82-0.81-0.050.840.56
0.280.02-0.050.40.35-0.310.42-0.080.720.160.520.30.430.5-0.210.020.870.330.32-0.550.19-0.57-0.360.340.28
0.66-0.34-0.490.90.630.10.89-0.490.50.850.680.690.430.29-0.05-0.22-0.010.660.68-0.370.7-0.64-0.480.730.66
0.18-0.16-0.230.210.070.00.19-0.150.480.080.52-0.010.50.29-0.03-0.340.390.490.42-0.63-0.15-0.25-0.25-0.070.21
-0.240.06-0.02-0.1-0.48-0.4-0.070.37-0.28-0.070.440.44-0.21-0.05-0.03-0.05-0.23-0.32-0.280.4-0.02-0.380.760.02-0.31
-0.050.90.88-0.15-0.08-0.37-0.14-0.36-0.11-0.15-0.220.090.02-0.22-0.34-0.050.31-0.35-0.30.210.06-0.06-0.110.12-0.11
0.060.340.320.030.12-0.430.06-0.040.56-0.20.210.020.87-0.010.39-0.230.310.070.06-0.36-0.07-0.32-0.20.060.05
0.74-0.47-0.550.710.750.370.68-0.520.60.670.360.290.330.660.49-0.32-0.350.070.95-0.50.48-0.25-0.580.310.78
0.83-0.49-0.560.790.770.360.78-0.580.430.760.340.370.320.680.42-0.28-0.30.060.95-0.440.6-0.3-0.540.480.87
-0.30.160.18-0.36-0.33-0.32-0.350.15-0.46-0.24-0.380.01-0.55-0.37-0.630.40.21-0.36-0.5-0.440.00.290.65-0.1-0.34
0.85-0.31-0.410.870.80.240.87-0.540.330.890.320.820.190.7-0.15-0.020.06-0.070.480.60.0-0.45-0.350.890.81
-0.45-0.010.12-0.65-0.30.39-0.680.18-0.34-0.54-0.91-0.81-0.57-0.64-0.25-0.38-0.06-0.32-0.25-0.30.29-0.450.1-0.68-0.39
-0.560.050.06-0.52-0.7-0.31-0.480.56-0.46-0.48-0.06-0.05-0.36-0.48-0.250.76-0.11-0.2-0.58-0.540.65-0.350.1-0.35-0.61
0.78-0.19-0.290.870.67-0.010.89-0.480.20.850.50.840.340.73-0.070.020.120.060.310.48-0.10.89-0.68-0.350.74
0.99-0.44-0.50.90.930.370.88-0.660.410.890.340.560.280.660.21-0.31-0.110.050.780.87-0.340.81-0.39-0.610.74
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HDFC Asset Account Relationship Matchups

HDFC Asset fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets43.1B50.9B58.8B65.4B75.5B38.5B
Other Current Liab1.4B387M329.8M12.2M2.2B2.3B
Total Current Liabilities1.9B1.9B1.8B540.7M2.6B1.9B
Total Stockholder Equity40.3B47.8B55.3B61.1B70.8B74.3B
Property Plant And Equipment Net1.4B1.4B1.2B1.4B1.4B766.3M
Net Debt910.4M1.2B1.1B1.3B(103.3M)(98.1M)
Retained Earnings31.3B38.6B45.3B50.6B59.8B62.7B
Accounts Payable467.3M421.1M292.4M344.6M389.6M614.0M
Cash266.4M16.8M18.7M44.6M103.3M108.5M
Non Current Assets Total20.9B49.7B44.3B63.0B57.2B60.1B
Non Currrent Assets Other13.8B148.4M73.4M427.8M53.1B55.7B
Other Assets222.5M4.7M3.8M69.6B80.0B84.0B
Cash And Short Term Investments21.2B224.2M13.5B70.3M16.6B17.5B
Common Stock Shares Outstanding213.1M213.3M213.3M213.4M213.7M229.4M
Short Term Investments21.0B207.4M13.5B25.7M16.5B11.4B
Other Stockholder Equity(34.1B)(33.0B)(39.4B)6.0B7.8B8.2B
Total Liab2.8B3.2B3.5B4.3B4.8B3.5B
Total Current Assets22.2B1.3B14.5B2.3B18.3B11.2B
Intangible Assets138.8M115M73.4M89.8M97.9M75.2M
Common Stock1.1B1.1B1.1B1.1B1.1B798.0M
Net Receivables649.6M1.1B838.4M1.9B985.2M991.0M
Liabilities And Stockholders Equity43.1B50.9B58.8B65.4B75.5B40.5B
Non Current Liabilities Total936M1.3B1.7B3.7B2.2B2.3B
Inventory152M(285.3M)2.8M(71.7M)(68.9B)(65.5B)
Other Current Assets168.3M224.6M228.3M2.6B1.7B1.7B
Accumulated Other Comprehensive Income(1.2B)2.4B3.0B3.4B2.1B2.1B
Other Liab37.3M64.7M391.4M859.2M988.1M1.0B
Net Tangible Assets30.5B40.1B47.6B55.2B63.4B32.0B
Property Plant Equipment1.4B1.4B1.2B1.4B1.6B800.9M
Short Long Term Debt Total1.5B1.5B1.3B1.3B766.8M921.6M
Long Term Debt Total1.2B1.2B1.1B1.3B1.5B1.6B
Capital Surpluse5.4B5.6B5.7B5.9B6.8B4.8B
Net Invested Capital40.3B47.8B55.3B61.1B70.8B51.5B
Net Working Capital20.4B709.5M826M1.8B1.3B1.3B
Capital Stock1.1B1.1B1.1B1.1B1.1B1.2B

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Other Information on Investing in HDFC Stock

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