Indian Total Assets vs Inventory 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 Total Assets and its Inventory 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.

Total Assets vs Inventory

Total Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Renewable Energy Total Assets account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Indian Renewable's Total Assets and Inventory is -0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Inventory 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 Total Assets and Inventory 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 Assets of Indian Renewable Energy are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Assets i.e., Indian Renewable's Total Assets and Inventory go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Indian Renewable 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 Indian Renewable Energy 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.

Inventory

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
Click cells to compare fundamentals

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

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 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.