Hindustan Total Current Liabilities vs Total Assets Analysis

HMVL Stock   89.10  0.09  0.10%   
Hindustan Media financial indicator trend analysis is much more than just examining Hindustan Media Ventures latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Media Ventures is a good investment. Please check the relationship between Hindustan Media Total Current Liabilities and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Media Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Media Ventures Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hindustan Media's Total Current Liabilities and Total Assets is 0.75. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Hindustan Media Ventures, assuming nothing else is changed. The correlation between historical values of Hindustan Media's Total Current Liabilities 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 Total Current Liabilities of Hindustan Media Ventures 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 Total Current Liabilities i.e., Hindustan Media's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Hindustan Media balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hindustan Media Ventures are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Hindustan Media 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 Hindustan Media Ventures 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 Hindustan Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Media Ventures 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 Hindustan Media Ventures. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 281.7 M in 2024. Discontinued Operations is likely to drop to about (263.9 M) in 2024
 2021 2022 2023 2024 (projected)
Gross Profit3.2B4.0B3.4B3.4B
Total Revenue6.2B7.1B7.0B6.4B

Hindustan Media fundamental ratios Correlations

0.520.750.990.540.640.170.940.010.670.530.550.870.64-0.240.790.740.610.620.450.710.880.660.970.710.39
0.520.90.40.110.27-0.290.410.160.76-0.120.150.480.960.260.880.740.360.160.040.650.380.430.570.370.09
0.750.90.670.310.56-0.060.660.170.830.250.360.690.930.090.990.860.550.510.180.680.660.450.780.630.4
0.990.40.670.580.620.240.94-0.020.630.580.570.850.56-0.310.720.70.590.620.50.660.890.640.960.70.39
0.540.110.310.580.240.420.55-0.150.280.710.860.570.21-0.350.360.370.740.250.30.110.380.410.430.410.14
0.640.270.560.620.24-0.110.730.360.240.410.270.720.320.060.550.320.250.950.030.240.710.470.620.420.88
0.17-0.29-0.060.240.42-0.110.09-0.430.180.720.490.05-0.23-0.390.00.220.460.150.330.030.27-0.340.110.540.11
0.940.410.660.940.550.730.090.080.450.510.490.80.54-0.240.710.530.510.70.460.450.870.640.910.670.47
0.010.160.17-0.02-0.150.36-0.430.08-0.05-0.250.00.10.110.560.1-0.060.030.23-0.5-0.05-0.010.050.0-0.290.41
0.670.760.830.630.280.240.180.45-0.050.270.350.610.83-0.10.850.990.530.270.290.880.590.340.730.560.14
0.53-0.120.250.580.710.410.720.51-0.250.270.690.440.0-0.470.310.370.630.550.390.120.530.070.440.70.42
0.550.150.360.570.860.270.490.490.00.350.690.620.2-0.010.380.430.940.27-0.040.180.370.20.380.410.32
0.870.480.690.850.570.720.050.80.10.610.440.620.540.010.70.670.590.660.110.620.730.740.80.510.57
0.640.960.930.560.210.32-0.230.540.110.830.00.20.540.030.930.820.40.230.260.710.510.480.710.450.08
-0.240.260.09-0.31-0.350.06-0.39-0.240.56-0.1-0.47-0.010.010.03-0.01-0.140.02-0.07-0.86-0.13-0.24-0.1-0.3-0.310.28
0.790.880.990.720.360.550.00.710.10.850.310.380.70.93-0.010.880.560.520.280.690.70.480.830.680.37
0.740.740.860.70.370.320.220.53-0.060.990.370.430.670.82-0.140.880.590.350.330.860.650.380.780.630.21
0.610.360.550.590.740.250.460.510.030.530.630.940.590.40.020.560.590.26-0.020.330.420.110.460.50.3
0.620.160.510.620.250.950.150.70.230.270.550.270.660.23-0.070.520.350.260.150.230.770.320.620.560.9
0.450.040.180.50.30.030.330.46-0.50.290.39-0.040.110.26-0.860.280.33-0.020.150.30.50.280.560.53-0.25
0.710.650.680.660.110.240.030.45-0.050.880.120.180.620.71-0.130.690.860.330.230.30.580.50.740.450.05
0.880.380.660.890.380.710.270.87-0.010.590.530.370.730.51-0.240.70.650.420.770.50.580.50.90.70.55
0.660.430.450.640.410.47-0.340.640.050.340.070.20.740.48-0.10.480.380.110.320.280.50.50.650.230.11
0.970.570.780.960.430.620.110.910.00.730.440.380.80.71-0.30.830.780.460.620.560.740.90.650.710.35
0.710.370.630.70.410.420.540.67-0.290.560.70.410.510.45-0.310.680.630.50.560.530.450.70.230.710.35
0.390.090.40.390.140.880.110.470.410.140.420.320.570.080.280.370.210.30.9-0.250.050.550.110.350.35
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Hindustan Media Account Relationship Matchups

Hindustan Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.2B21.1B21.8B21.9B22.5B12.8B
Other Current Liab34.9M3.2B3.6B5.0B5.4B5.7B
Total Current Liabilities3.3B4.8B5.8B6.7B7.4B7.7B
Total Stockholder Equity15.1B15.8B15.9B14.8B14.8B9.4B
Property Plant And Equipment Net2.3B2.0B1.8B2.2B1.5B1.8B
Net Debt819.8M668.2M1.0B882.6M456.5M467.2M
Cash353M209.4M182.6M183.2M391.9M349.1M
Non Current Assets Total13.1B15.4B10.8B13.7B11.4B7.7B
Non Currrent Assets Other1.1B35.2M29.3M1.6B580.5M609.5M
Cash And Short Term Investments3.6B3.3B8.4B5.7B8.5B8.9B
Net Receivables1.8B1.3B1.1B1.2B1.3B1.3B
Liabilities And Stockholders Equity19.2B21.1B21.8B21.9B22.5B12.8B
Inventory465.1M543.3M770.4M639.2M485.4M428.2M
Other Current Assets266.7M434.6M544.5M713M788.8M828.2M
Other Stockholder Equity3.9B(11.1B)(12.1B)2.4B2.0B2.1B
Total Liab4.1B5.2B5.9B7.1B7.7B8.1B
Total Current Assets6.1B5.7B11.0B8.2B11.0B11.6B
Accumulated Other Comprehensive Income(972.6M)725.4M380.9M(397.1M)14.1B14.8B
Short Long Term Debt Total1.2B877.6M1.2B1.1B848.4M918.4M
Non Current Liabilities Total802.5M465.7M154M434.5M320.8M408.2M
Short Term Investments3.3B3.1B8.2B5.5B7.9B4.0B
Intangible Assets679.1M677.5M719.8M710.1M706.7M533.5M
Current Deferred Revenue1.8B3.2B3.8B4.9B255.2M242.4M
Retained Earnings11.3B12.0B12.4B12.0B12.1B9.3B
Accounts Payable851.8M965M804.7M1.1B1.1B1.0B
Short Term Debt587M578.9M1.1B633.2M565.4M804.7M
Other Liab216.7M167M40.7M200K180K171K
Net Tangible Assets13.5B14.5B15.2B15.2B17.5B12.7B
Other Assets1.3B(100K)1.3B449M516.4M489.7M
Short Long Term Debt483.2M324.1M1.1B569.7M550.9M634.5M
Property Plant Equipment2.3B2.0B1.8B2.2B2.5B2.1B
Long Term Debt Total585.8M298.7M113.3M434.3M499.4M320.1M
Net Invested Capital16.1B16.4B17.1B15.3B15.3B17.2B
Net Working Capital2.8B927.6M5.2B1.5B3.7B2.8B

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