India Net Receivables vs Non Current Assets Total Analysis

ITDC Stock   540.65  7.95  1.49%   
India Tourism financial indicator trend analysis is infinitely more than just investigating India Tourism Development recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether India Tourism Development is a good investment. Please check the relationship between India Tourism Net Receivables and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Tourism Development. 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.

Net Receivables vs Non Current Assets Total

Net Receivables vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of India Tourism Development Net Receivables account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between India Tourism's Net Receivables and Non Current Assets Total is -0.09. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of India Tourism Development, assuming nothing else is changed. The correlation between historical values of India Tourism's Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of India Tourism Development are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., India Tourism's Net Receivables and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from India Tourism's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into India Tourism Development 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 India Tourism Development. 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.
Tax Provision is likely to gain to about 449.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 11.2 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense8.9M32.3M37.2M39.0M
Depreciation And Amortization70.1M68.9M79.2M74.6M

India Tourism fundamental ratios Correlations

-0.010.570.830.96-0.660.37-0.390.220.35-0.460.48-0.490.320.74-0.030.831.00.420.16-0.350.8-0.50.130.90.56
-0.01-0.62-0.09-0.220.050.09-0.070.170.310.22-0.030.21-0.21-0.42-0.19-0.07-0.020.03-0.23-0.19-0.25-0.26-0.32-0.110.18
0.57-0.620.730.64-0.460.03-0.06-0.1-0.16-0.490.24-0.640.270.870.320.70.580.140.21-0.280.76-0.120.060.530.12
0.83-0.090.730.83-0.650.36-0.40.270.24-0.480.53-0.470.310.92-0.031.00.820.430.07-0.380.94-0.550.150.830.51
0.96-0.220.640.83-0.640.4-0.420.280.34-0.520.56-0.460.360.82-0.050.830.950.490.21-0.240.86-0.430.260.960.56
-0.660.05-0.46-0.65-0.64-0.490.510.05-0.390.32-0.140.540.03-0.610.37-0.63-0.67-0.060.010.53-0.550.4-0.16-0.56-0.68
0.370.090.030.360.4-0.49-1.00.640.8-0.390.460.31-0.280.34-0.750.410.340.48-0.16-0.310.47-0.170.610.480.88
-0.39-0.07-0.06-0.4-0.420.51-1.0-0.64-0.80.4-0.48-0.290.26-0.380.75-0.45-0.36-0.490.160.32-0.50.18-0.61-0.5-0.88
0.220.17-0.10.270.280.050.64-0.640.41-0.570.820.530.230.23-0.360.330.170.85-0.01-0.090.39-0.320.480.410.62
0.350.31-0.160.240.34-0.390.8-0.80.410.040.20.3-0.460.11-0.70.290.340.21-0.01-0.070.32-0.150.60.450.69
-0.460.22-0.49-0.48-0.520.32-0.390.4-0.570.04-0.70.15-0.44-0.60.02-0.48-0.43-0.68-0.170.47-0.550.28-0.06-0.45-0.55
0.48-0.030.240.530.56-0.140.46-0.480.820.2-0.70.240.570.55-0.180.580.440.990.04-0.290.62-0.470.30.660.5
-0.490.21-0.64-0.47-0.460.540.31-0.290.530.30.150.24-0.15-0.47-0.4-0.4-0.530.34-0.260.21-0.320.090.45-0.270.01
0.32-0.210.270.310.360.03-0.280.260.23-0.46-0.440.57-0.150.380.30.310.310.560.25-0.080.29-0.58-0.220.33-0.11
0.74-0.420.870.920.82-0.610.34-0.380.230.11-0.60.55-0.470.38-0.030.910.730.450.18-0.350.94-0.40.20.780.43
-0.03-0.190.32-0.03-0.050.37-0.750.75-0.36-0.70.02-0.18-0.40.3-0.03-0.07-0.01-0.210.080.21-0.070.12-0.44-0.15-0.6
0.83-0.070.71.00.83-0.630.41-0.450.330.29-0.480.58-0.40.310.91-0.070.820.490.05-0.380.95-0.570.210.850.54
1.0-0.020.580.820.95-0.670.34-0.360.170.34-0.430.44-0.530.310.73-0.010.820.380.17-0.350.79-0.480.10.890.53
0.420.030.140.430.49-0.060.48-0.490.850.21-0.680.990.340.560.45-0.210.490.380.03-0.260.54-0.460.280.60.48
0.16-0.230.210.070.210.01-0.160.16-0.01-0.01-0.170.04-0.260.250.180.080.050.170.030.40.09-0.29-0.080.1-0.07
-0.35-0.19-0.28-0.38-0.240.53-0.310.32-0.09-0.070.47-0.290.21-0.08-0.350.21-0.38-0.35-0.260.4-0.30.150.14-0.21-0.45
0.8-0.250.760.940.86-0.550.47-0.50.390.32-0.550.62-0.320.290.94-0.070.950.790.540.09-0.3-0.410.330.880.52
-0.5-0.26-0.12-0.55-0.430.4-0.170.18-0.32-0.150.28-0.470.09-0.58-0.40.12-0.57-0.48-0.46-0.290.15-0.410.0-0.43-0.35
0.13-0.320.060.150.26-0.160.61-0.610.480.6-0.060.30.45-0.220.2-0.440.210.10.28-0.080.140.330.00.320.47
0.9-0.110.530.830.96-0.560.48-0.50.410.45-0.450.66-0.270.330.78-0.150.850.890.60.1-0.210.88-0.430.320.56
0.560.180.120.510.56-0.680.88-0.880.620.69-0.550.50.01-0.110.43-0.60.540.530.48-0.07-0.450.52-0.350.470.56
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India Tourism Account Relationship Matchups

India Tourism fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.5B5.8B9.3B10.7B12.3B7.2B
Short Long Term Debt Total9.9M120.8M166.4M6.3M7.3M6.9M
Other Current Liab1.3B291.4M1.8M4.9B4.4B4.7B
Total Current Liabilities2.1B2.5B5.4B6.6B7.6B8.0B
Total Stockholder Equity2.9B2.9B3.4B3.9B4.5B3.4B
Property Plant And Equipment Net512.4M502.0M489.8M445.3M400.7M511.4M
Net Debt(205.4M)(415.3M)(266.9M)(541.9M)(623.2M)(654.3M)
Cash215.4M421.6M273.2M548.2M493.4M468.7M
Non Current Assets Total1.1B1.1B1.1B1.0B1.2B1.2B
Non Currrent Assets Other178.7M2.4B3.2B1.4B1.6B998.1M
Cash And Short Term Investments2.3B2.2B3.4B1.8B1.6B2.2B
Liabilities And Stockholders Equity5.5B5.8B9.3B10.7B12.3B7.2B
Non Current Liabilities Total584.9M565.4M572.1M229.5M263.9M527.0M
Inventory111.6M100.4M103.9M126.8M145.8M126.0M
Other Current Assets1.5B170.4M1.4B7.0B8.0B8.4B
Total Liab2.7B3.1B6.0B6.9B7.9B8.3B
Total Current Assets4.4B4.7B8.3B9.6B11.1B6.0B
Accumulated Other Comprehensive Income(244.1M)1.6B1.7B5.0M5.8M6.1M
Accounts Payable119.8M842.1M97.3M879.5M791.6M471.6M
Net Receivables661.5M708.4M783.1M751.6M676.5M924.0M
Retained Earnings(119.1M)(108.5M)331.8M803.9M924.5M970.7M
Intangible Assets3.9M1.5M576K650K585K555.8K
Other Liab602.4M779.5M584.9M565.4M650.2M672.0M
Net Tangible Assets3.2B2.9B2.9B3.4B3.9B3.4B
Other Assets516.5M541.7M632.4M553.3M636.3M496.2M
Short Long Term Debt9.2M9.9M6.3M6.3M5.7M5.4M
Short Term Debt(611.0M)(920.4M)6.3M6.3M7.3M7.7M
Property Plant Equipment568.6M512.4M502.0M489.8M440.9M467.9M
Current Deferred Revenue1.2B1.4B5.3B551.0M633.6M601.9M
Short Term Investments2.1B1.8B3.1B1.2B1.4B2.2B
Net Invested Capital2.9B2.9B3.4B3.9B4.5B3.6B
Net Working Capital2.3B2.2B2.8B3.0B2.7B2.1B

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