HeidelbergCement Retained Earnings vs Total Assets Analysis

HEIDELBERG   225.98  5.18  2.35%   
HeidelbergCement financial indicator trend analysis is much more than just examining HeidelbergCement India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HeidelbergCement India is a good investment. Please check the relationship between HeidelbergCement Retained Earnings and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HeidelbergCement India 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HeidelbergCement India Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HeidelbergCement's Retained Earnings and Total Assets is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of HeidelbergCement India Limited, assuming nothing else is changed. The correlation between historical values of HeidelbergCement's Retained Earnings and Total Assets 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 HeidelbergCement India Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., HeidelbergCement's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Assets

Total assets refers to the total amount of HeidelbergCement assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HeidelbergCement India books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from HeidelbergCement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HeidelbergCement India 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 HeidelbergCement India 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.
At present, HeidelbergCement's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 767.1 M, whereas Discontinued Operations is forecasted to decline to (378 K).
 2020 2021 2022 2023 (projected)
Gross Profit16.4B17.3B18.4B18.1B
Total Revenue20.9B22.4B22.4B23.7B

HeidelbergCement fundamental ratios Correlations

0.110.230.870.820.89-0.050.580.440.880.220.360.920.270.850.42-0.060.770.690.080.90.510.04-0.040.370.21
0.11-0.39-0.13-0.440.450.97-0.63-0.630.490.4-0.590.030.940.26-0.620.560.69-0.520.370.0-0.17-0.20.490.380.26
0.23-0.390.140.420.02-0.430.640.360.02-0.180.480.36-0.210.250.23-0.13-0.080.44-0.530.38-0.460.2-0.040.09-0.61
0.87-0.130.140.80.72-0.240.550.470.7-0.120.340.78-0.060.70.57-0.20.580.710.260.770.690.060.080.220.34
0.82-0.440.420.80.51-0.580.870.780.490.090.70.78-0.290.610.77-0.440.270.94-0.140.780.50.15-0.350.080.01
0.890.450.020.720.510.330.230.010.990.18-0.040.830.590.760.060.290.930.290.150.80.44-0.070.180.480.34
-0.050.97-0.43-0.24-0.580.33-0.77-0.790.370.25-0.75-0.140.870.13-0.660.640.56-0.680.33-0.17-0.24-0.230.520.40.25
0.58-0.630.640.550.870.23-0.770.840.20.080.860.66-0.420.340.68-0.560.00.89-0.290.680.230.26-0.35-0.14-0.27
0.44-0.630.360.470.780.01-0.790.840.00.120.950.46-0.530.220.65-0.69-0.140.91-0.150.470.350.29-0.48-0.31-0.08
0.880.490.020.70.490.990.370.20.00.22-0.070.80.620.790.050.30.950.270.190.780.41-0.120.180.480.34
0.220.4-0.18-0.120.090.180.250.080.120.220.160.190.440.290.07-0.190.280.120.20.190.02-0.12-0.090.02-0.19
0.36-0.590.480.340.7-0.04-0.750.860.95-0.070.160.42-0.480.120.58-0.67-0.180.85-0.250.430.120.43-0.41-0.31-0.22
0.920.030.360.780.780.83-0.140.660.460.80.190.420.230.730.31-0.060.670.65-0.041.00.430.050.060.210.02
0.270.94-0.21-0.06-0.290.590.87-0.42-0.530.620.44-0.480.230.39-0.620.640.78-0.40.170.21-0.14-0.170.350.480.16
0.850.260.250.70.610.760.130.340.220.790.290.120.730.390.30.110.750.520.110.720.35-0.070.10.53-0.06
0.42-0.620.230.570.770.06-0.660.680.650.050.070.580.31-0.620.3-0.73-0.150.790.070.310.430.05-0.29-0.1-0.1
-0.060.56-0.13-0.2-0.440.290.64-0.56-0.690.3-0.19-0.67-0.060.640.11-0.730.4-0.58-0.29-0.07-0.180.020.130.620.14
0.770.69-0.080.580.270.930.560.0-0.140.950.28-0.180.670.780.75-0.150.40.120.30.650.31-0.10.340.530.35
0.69-0.520.440.710.940.29-0.680.890.910.270.120.850.65-0.40.520.79-0.580.12-0.110.650.420.27-0.350.01-0.09
0.080.37-0.530.26-0.140.150.33-0.29-0.150.190.2-0.25-0.040.170.110.07-0.290.3-0.11-0.050.35-0.250.55-0.230.44
0.90.00.380.770.780.8-0.170.680.470.780.190.431.00.210.720.31-0.070.650.65-0.050.430.040.060.19-0.01
0.51-0.17-0.460.690.50.44-0.240.230.350.410.020.120.43-0.140.350.43-0.180.310.420.350.43-0.08-0.16-0.010.5
0.04-0.20.20.060.15-0.07-0.230.260.29-0.12-0.120.430.05-0.17-0.070.050.02-0.10.27-0.250.04-0.08-0.19-0.010.06
-0.040.49-0.040.08-0.350.180.52-0.35-0.480.18-0.09-0.410.060.350.1-0.290.130.34-0.350.550.06-0.16-0.19-0.01-0.07
0.370.380.090.220.080.480.4-0.14-0.310.480.02-0.310.210.480.53-0.10.620.530.01-0.230.19-0.01-0.01-0.01-0.01
0.210.26-0.610.340.010.340.25-0.27-0.080.34-0.19-0.220.020.16-0.06-0.10.140.35-0.090.44-0.010.50.06-0.07-0.01
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HeidelbergCement Account Relationship Matchups

HeidelbergCement fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.9B28.5B28.2B26.6B26.6B22.6B
Short Long Term Debt Total4.2B3.1B2.0B1.8B1.4B1.3B
Total Current Liabilities9.3B9.2B8.4B8.5B9.0B6.9B
Total Stockholder Equity13.1B14.9B15.7B14.6B14.7B10.3B
Property Plant And Equipment Net17.1B16.4B15.9B15.0B14.4B14.2B
Net Debt(501.7M)(1.2B)(1.7B)(2.9B)(4.0B)(3.8B)
Retained Earnings5.7B7.4B8.9B7.8B7.9B8.3B
Cash4.7B4.3B3.7B4.7B5.3B2.8B
Non Current Assets Total17.7B18.5B16.4B15.5B15.2B15.1B
Non Currrent Assets Other596.8M174.6M1.4B556M681.1M634.5M
Cash And Short Term Investments4.7B4.3B5.0B5.8B5.3B3.3B
Liabilities And Stockholders Equity27.9B28.5B28.2B26.6B26.6B22.6B
Non Current Liabilities Total5.5B4.3B4.2B3.5B2.9B5.4B
Inventory1.5B1.6B1.7B1.8B1.8B1.4B
Other Current Assets3.0B3.7B6.0B4.3B3.8B1.9B
Total Liab14.8B13.5B12.6B12.0B11.9B12.3B
Total Current Assets10.2B10.0B11.8B11.1B11.4B7.4B
Accumulated Other Comprehensive Income1.5B1.5B806.5M815.8M809M849.5M
Short Term Debt1.3B1.2B364.7M661.8M722.5M900.6M
Accounts Payable4.4B1.9B2.0B2.6B3.1B2.5B
Short Term Investments8.8M822.6M1.3B1.1B278.4M264.5M
Intangible Assets2.3M2.1M3.4M11.2M20.9M16.2M
Net Receivables1.1B333.2M2.9B311.2M550.2M522.7M
Current Deferred Revenue3.6B3.3B342M282.2M270.2M256.7M
Other Liab2.6B2.5B2.6B2.4B2.7B2.0B
Net Tangible Assets13.1B14.9B15.6B14.6B16.8B13.2B
Other Assets596.8M2.1B460M508M584.2M839.6M
Long Term Debt2.8B1.7B1.6B1.1B556.8M529.0M
Short Long Term Debt1.3B1.2B335.8M629.5M694M1.2B
Property Plant Equipment17.1B16.4B15.9B15.0B13.5B14.0B
Long Term Debt Total2.9B1.8B1.6B1.2B1.0B987.4M
Net Invested Capital15.9B16.7B17.6B16.4B15.9B13.3B
Net Working Capital950.9M781.9M3.5B2.6B2.4B1.3B

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Other Information on Investing in HeidelbergCement Stock

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