Indian Short Term Debt vs Intangible Assets Analysis

IREDA Stock   225.43  4.28  1.94%   
Indian Renewable financial indicator trend analysis is infinitely more than just investigating Indian Renewable Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Renewable Energy is a good investment. Please check the relationship between Indian Renewable Short Term Debt and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Renewable Energy. 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.

Short Term Debt vs Intangible Assets

Short Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Renewable Energy Short Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Indian Renewable's Short Term Debt and Intangible Assets is -0.48. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Indian Renewable Energy, assuming nothing else is changed. The correlation between historical values of Indian Renewable's Short Term Debt and Intangible 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 Short Term Debt of Indian Renewable Energy are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., Indian Renewable's Short Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Indian Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Renewable Energy 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 Indian Renewable Energy. 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 the 12th of December 2024, Selling General Administrative is likely to drop to about 143.5 M. In addition to that, Tax Provision is likely to drop to about 2.6 B
 2021 2022 2023 2024 (projected)
Total Revenue28.2B34.2B18.7B24.9B
Depreciation And Amortization3.9B1.8B303.5M288.3M

Indian Renewable fundamental ratios Correlations

0.940.540.94-0.48-0.660.940.61-0.330.70.960.84-0.460.010.480.54-0.310.7-0.20.240.94-0.46-0.020.3-0.840.54
0.940.421.0-0.53-0.791.00.68-0.430.730.910.89-0.430.050.460.6-0.160.69-0.330.161.0-0.34-0.220.37-0.910.61
0.540.420.410.31-0.470.430.62-0.510.560.590.56-0.680.550.790.46-0.670.67-0.090.690.41-0.84-0.470.67-0.560.64
0.941.00.41-0.53-0.781.00.68-0.420.740.910.88-0.420.020.450.6-0.160.69-0.340.161.0-0.33-0.190.37-0.920.61
-0.48-0.530.31-0.530.23-0.510.11-0.350.01-0.35-0.4-0.390.350.460.14-0.50.120.080.66-0.52-0.4-0.240.560.180.26
-0.66-0.79-0.47-0.780.23-0.79-0.60.44-0.55-0.72-0.780.29-0.22-0.46-0.55-0.02-0.50.34-0.13-0.790.410.53-0.560.86-0.67
0.941.00.431.0-0.51-0.790.69-0.460.740.910.89-0.450.070.480.6-0.170.71-0.330.181.0-0.36-0.230.39-0.920.62
0.610.680.620.680.11-0.60.69-0.70.970.660.65-0.670.240.820.89-0.360.94-0.290.540.69-0.56-0.470.82-0.830.95
-0.33-0.43-0.51-0.42-0.350.44-0.46-0.7-0.63-0.48-0.590.89-0.66-0.89-0.490.57-0.750.15-0.76-0.430.690.61-0.780.57-0.67
0.70.730.560.740.01-0.550.740.97-0.630.740.66-0.660.060.780.92-0.380.97-0.380.520.74-0.55-0.280.72-0.840.89
0.960.910.590.91-0.35-0.720.910.66-0.480.740.91-0.540.10.60.57-0.320.77-0.230.340.91-0.63-0.120.41-0.860.6
0.840.890.560.88-0.4-0.780.890.65-0.590.660.91-0.520.360.570.45-0.190.7-0.260.250.88-0.6-0.440.39-0.790.54
-0.46-0.43-0.68-0.42-0.390.29-0.45-0.670.89-0.66-0.54-0.52-0.59-0.93-0.490.87-0.810.08-0.93-0.420.750.38-0.750.57-0.65
0.010.050.550.020.35-0.220.070.24-0.660.060.10.36-0.590.55-0.13-0.470.240.240.530.03-0.53-0.760.45-0.120.23
0.480.460.790.450.46-0.460.480.82-0.890.780.60.57-0.930.550.67-0.740.89-0.170.90.46-0.86-0.50.9-0.670.82
0.540.60.460.60.14-0.550.60.89-0.490.920.570.45-0.49-0.130.67-0.260.85-0.560.440.61-0.42-0.240.75-0.790.89
-0.31-0.16-0.67-0.16-0.5-0.02-0.17-0.360.57-0.38-0.32-0.190.87-0.47-0.74-0.26-0.55-0.08-0.93-0.160.630.09-0.540.3-0.4
0.70.690.670.690.12-0.50.710.94-0.750.970.770.7-0.810.240.890.85-0.55-0.330.680.7-0.71-0.330.76-0.80.86
-0.2-0.33-0.09-0.340.080.34-0.33-0.290.15-0.38-0.23-0.260.080.24-0.17-0.56-0.08-0.33-0.03-0.330.080.24-0.240.36-0.25
0.240.160.690.160.66-0.130.180.54-0.760.520.340.25-0.930.530.90.44-0.930.68-0.030.16-0.76-0.280.77-0.390.59
0.941.00.411.0-0.52-0.791.00.69-0.430.740.910.88-0.420.030.460.61-0.160.7-0.330.16-0.34-0.210.38-0.920.62
-0.46-0.34-0.84-0.33-0.40.41-0.36-0.560.69-0.55-0.63-0.60.75-0.53-0.86-0.420.63-0.710.08-0.76-0.340.37-0.650.48-0.56
-0.02-0.22-0.47-0.19-0.240.53-0.23-0.470.61-0.28-0.12-0.440.38-0.76-0.5-0.240.09-0.330.24-0.28-0.210.37-0.610.34-0.48
0.30.370.670.370.56-0.560.390.82-0.780.720.410.39-0.750.450.90.75-0.540.76-0.240.770.38-0.65-0.61-0.690.92
-0.84-0.91-0.56-0.920.180.86-0.92-0.830.57-0.84-0.86-0.790.57-0.12-0.67-0.790.3-0.80.36-0.39-0.920.480.34-0.69-0.85
0.540.610.640.610.26-0.670.620.95-0.670.890.60.54-0.650.230.820.89-0.40.86-0.250.590.62-0.56-0.480.92-0.85
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Indian Renewable Account Relationship Matchups

Indian Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.5B18.0B45.7B14.8B626.0B657.3B
Short Long Term Debt Total1.7B17.7B18.0B2.3B506.9B532.3B
Other Current Liab1.5B1.5B46.9B11.5B11.1B11.6B
Total Current Liabilities1.5B1.6B1.3B1.7B98.1B103.0B
Total Stockholder Equity278.0B304.5B368.3B506.2B85.6B81.3B
Property Plant And Equipment Net4.1B3.9B3.8B3.7B3.6B3.1B
Net Debt(14.0B)11.7B12.7B(6.8B)506.2B531.5B
Retained Earnings25.2B30.0B52.7B59.4B85.6B44.8B
Cash15.8B6.0B5.3B9.1B7.4B9.6B
Non Current Assets Total266.6B244.4B297.4B418.2B618.6B345.6B
Non Currrent Assets Other263.8B(64.0B)(75.6B)(93.1B)615.0B645.8B
Other Assets(360.3B)(284.9B)(321.4B)(489.7B)(89.1B)(93.5B)
Cash And Short Term Investments15.8B6.0B5.3B9.5B7.4B11.0B
Net Receivables16.4B49.7B62.9B16.9B16.9B29.4B
Good Will2.9B3.7B4.5B4.8B4.5B3.3B
Liabilities And Stockholders Equity234.9B240.1B276.2B401.7B626.0B313.4B
Non Current Liabilities Total247.1B253.3B267.4B348.4B540.4B289.0B
Other Current Assets278.0B56.2B368.3B77.2B89.6B150.8B
Other Stockholder Equity210.2B296.6B345.5B483.3B58.7B55.8B
Total Current Assets9.9B58.5B69.7B86.3B96.4B107.6B
Accumulated Other Comprehensive Income25.2B30.0B52.7B59.4B85.6B44.8B
Short Term Debt234.9B18.0B45.9M85.2B86.9B92.2B
Common Stock16.6B22.1B29.8B36.5B26.9B24.9B

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Other Information on Investing in Indian Stock

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