Indo Retained Earnings vs Total Current Assets Analysis

INDOAMIN   167.74  3.39  2.06%   
Indo Amines financial indicator trend analysis is infinitely more than just investigating Indo Amines Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indo Amines Limited is a good investment. Please check the relationship between Indo Amines Retained Earnings and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Amines 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 nation.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

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

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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 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.
Most indicators from Indo Amines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indo Amines 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Amines 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 nation.
The current Selling General Administrative is estimated to decrease to about 76.2 M. The current Tax Provision is estimated to decrease to about 131.1 M
 2021 2022 2023 2024 (projected)
Interest Expense118.5M172.4M222.4M233.6M
Depreciation And Amortization140.9M173.1M152.6M103.8M

Indo Amines fundamental ratios Correlations

0.990.340.950.990.990.980.720.990.020.770.50.610.70.980.51-0.270.881.00.610.98-0.230.440.60.90.97
0.990.370.930.980.991.00.650.98-0.010.740.510.60.750.990.56-0.320.90.990.590.96-0.280.390.570.930.95
0.340.370.420.270.360.39-0.080.34-0.08-0.070.180.20.230.420.63-0.020.470.340.160.310.2-0.410.580.430.24
0.950.930.420.930.930.920.70.950.110.610.530.660.480.910.62-0.010.840.940.660.95-0.060.510.70.830.88
0.990.980.270.930.990.960.780.98-0.040.830.440.560.680.960.43-0.250.830.990.560.97-0.310.50.530.870.99
0.990.990.360.930.990.980.70.98-0.070.770.480.590.720.980.47-0.290.870.990.590.96-0.280.420.580.90.97
0.981.00.390.920.960.980.60.98-0.010.710.510.610.761.00.58-0.350.910.980.590.94-0.260.350.580.940.93
0.720.65-0.080.70.780.70.60.68-0.030.850.280.320.220.590.10.10.40.730.360.76-0.390.70.330.470.81
0.990.980.340.950.980.980.980.680.110.720.490.60.690.980.54-0.250.890.980.60.95-0.190.460.60.90.94
0.02-0.01-0.080.11-0.04-0.07-0.01-0.030.11-0.110.1-0.04-0.1-0.010.250.10.07-0.050.02-0.010.460.140.23-0.02-0.05
0.770.74-0.070.610.830.770.710.850.72-0.110.220.250.630.71-0.01-0.410.510.790.270.76-0.530.430.20.610.88
0.50.510.180.530.440.480.510.280.490.10.220.790.390.510.44-0.280.60.50.820.590.110.050.750.520.33
0.610.60.20.660.560.590.610.320.6-0.040.250.790.410.60.45-0.160.70.610.970.680.280.250.610.610.45
0.70.750.230.480.680.720.760.220.69-0.10.630.390.410.780.23-0.840.770.70.390.62-0.31-0.080.280.810.67
0.980.990.420.910.960.981.00.590.98-0.010.710.510.60.780.58-0.370.910.970.580.94-0.240.310.590.940.93
0.510.560.630.620.430.470.580.10.540.25-0.010.440.450.230.580.10.620.480.410.490.140.050.590.630.38
-0.27-0.32-0.02-0.01-0.25-0.29-0.350.1-0.250.1-0.41-0.28-0.16-0.84-0.370.1-0.36-0.28-0.13-0.220.230.43-0.03-0.4-0.26
0.880.90.470.840.830.870.910.40.890.070.510.60.70.770.910.62-0.360.860.710.84-0.050.20.640.970.78
1.00.990.340.940.990.990.980.730.98-0.050.790.50.610.70.970.48-0.280.860.60.98-0.250.430.590.890.97
0.610.590.160.660.560.590.590.360.60.020.270.820.970.390.580.41-0.130.710.60.670.270.280.670.620.44
0.980.960.310.950.970.960.940.760.95-0.010.760.590.680.620.940.49-0.220.840.980.67-0.170.450.660.850.93
-0.23-0.280.2-0.06-0.31-0.28-0.26-0.39-0.190.46-0.530.110.28-0.31-0.240.140.23-0.05-0.250.27-0.17-0.230.3-0.23-0.39
0.440.39-0.410.510.50.420.350.70.460.140.430.050.25-0.080.310.050.430.20.430.280.45-0.230.040.220.5
0.60.570.580.70.530.580.580.330.60.230.20.750.610.280.590.59-0.030.640.590.670.660.30.040.540.45
0.90.930.430.830.870.90.940.470.9-0.020.610.520.610.810.940.63-0.40.970.890.620.85-0.230.220.540.84
0.970.950.240.880.990.970.930.810.94-0.050.880.330.450.670.930.38-0.260.780.970.440.93-0.390.50.450.84
Click cells to compare fundamentals

Indo Amines Account Relationship Matchups

Indo Amines fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.5B5.5B6.0B6.3B6.7B
Short Long Term Debt Total1.4B1.6B2.1B2.3B2.2B2.3B
Other Current Liab10.1M231.6M1.6B275.4M79.5M75.5M
Total Current Liabilities1.9B2.4B3.2B2.1B3.0B3.2B
Total Stockholder Equity1.3B1.6B1.9B2.3B2.6B2.8B
Property Plant And Equipment Net1.2B1.6B1.9B2.1B2.2B2.3B
Net Debt1.4B1.5B2.0B2.3B2.0B2.1B
Cash56.1M44.9M60.0M62.5M204.9M215.2M
Non Current Assets Total1.5B1.9B2.1B2.2B2.4B2.5B
Non Currrent Assets Other74.1M64.8M92.6M34.9M66.0M85.6M
Cash And Short Term Investments56.1M44.9M60.0M63.6M55.9M49.4M
Common Stock Shares Outstanding66.7M71.0M66.7M70.7M70.6M62.3M
Liabilities And Stockholders Equity3.6B4.5B5.5B6.0B6.3B6.7B
Non Current Liabilities Total385.0M542.9M514.1M1.7B665.6M375.5M
Inventory817.8M878.4M1.2B1.4B1.1B1.2B
Other Current Assets1.2B409.3M2.1B434.5M584.7M500.4M
Other Stockholder Equity291.5M321.3M292.5M(4.1B)289.0M303.5M
Total Liab2.3B2.9B3.7B3.7B3.7B1.9B
Total Current Assets2.1B2.6B3.4B3.7B4.0B4.2B
Net Receivables1.1B1.3B1.9B1.9B2.2B2.3B
Current Deferred Revenue122.2M239.8M314.1M46.7M35.8M34.1M
Accounts Payable678.5M1.0B3.2M4.3M1.2B1.2B
Short Term Debt1.1B1.1B1.6B1.7B1.7B941.7M
Retained Earnings668.8M989.7M1.2B1.6B2.0B2.0B
Good Will215.4M167.3M125.7M83.3M95.8M98.5M
Accumulated Other Comprehensive Income34.7M(6.5M)39.1M49.5M39.3M22.5M
Intangible Assets31.9M31.3M24.4M22.3M73.2M76.9M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Indo Stock

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