ITI Non Current Assets Total vs Non Currrent Assets Other Analysis

ITI Stock   286.63  9.04  3.06%   
ITI financial indicator trend analysis is infinitely more than just investigating ITI Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ITI Limited is a good investment. Please check the relationship between ITI Non Current Assets Total and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITI 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 board of governors.

Non Current Assets Total vs Non Currrent Assets Other

Non Current Assets Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITI Limited Non Current Assets Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between ITI's Non Current Assets Total and Non Currrent Assets Other is 0.75. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of ITI Limited, assuming nothing else is changed. The correlation between historical values of ITI's Non Current Assets Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of ITI Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Assets Total i.e., ITI's Non Current Assets Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from ITI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ITI 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 ITI 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 board of governors.
The current year's Issuance Of Capital Stock is expected to grow to about 925.5 M, whereas Selling General Administrative is forecasted to decline to about 384.6 M.

ITI fundamental ratios Correlations

0.590.640.710.690.650.67-0.36-0.490.080.060.490.70.480.570.110.520.10.040.830.870.680.550.660.78-0.35
0.590.180.330.640.710.98-0.680.01-0.22-0.20.580.320.550.540.160.71-0.070.140.410.660.610.110.720.3-0.25
0.640.180.450.490.360.25-0.07-0.420.270.16-0.250.470.2-0.140.080.240.12-0.150.520.470.260.40.130.54-0.45
0.710.330.450.220.540.390.09-0.36-0.3-0.20.470.850.590.47-0.15-0.090.17-0.080.870.820.660.290.780.53-0.4
0.690.640.490.220.730.73-0.62-0.550.230.110.320.520.310.450.130.84-0.13-0.050.290.550.530.630.260.57-0.44
0.650.710.360.540.730.76-0.41-0.39-0.24-0.350.380.610.70.440.230.470.140.020.550.790.820.260.650.42-0.61
0.670.980.250.390.730.76-0.68-0.16-0.16-0.180.60.420.550.590.140.75-0.060.050.450.710.650.230.710.41-0.32
-0.36-0.68-0.070.09-0.62-0.41-0.680.1-0.22-0.16-0.48-0.08-0.43-0.53-0.52-0.85-0.08-0.03-0.16-0.28-0.15-0.05-0.21-0.40.03
-0.490.01-0.42-0.36-0.55-0.39-0.160.1-0.3-0.1-0.15-0.57-0.14-0.30.06-0.28-0.10.55-0.31-0.33-0.22-0.63-0.02-0.640.39
0.08-0.220.27-0.30.23-0.24-0.16-0.22-0.30.75-0.11-0.15-0.21-0.10.290.370.32-0.12-0.08-0.39-0.470.2-0.510.490.26
0.06-0.20.16-0.20.11-0.35-0.18-0.16-0.10.75-0.04-0.13-0.080.010.280.270.240.08-0.01-0.29-0.480.04-0.360.320.3
0.490.58-0.250.470.320.380.6-0.48-0.15-0.11-0.040.470.440.930.00.41-0.040.060.460.510.410.220.640.480.11
0.70.320.470.850.520.610.42-0.08-0.57-0.15-0.130.470.430.57-0.290.12-0.07-0.250.630.730.640.630.560.56-0.49
0.480.550.20.590.310.70.55-0.43-0.14-0.21-0.080.440.430.440.580.240.520.190.720.680.53-0.270.710.41-0.33
0.570.54-0.140.470.450.440.59-0.53-0.3-0.10.010.930.570.440.030.460.0-0.090.480.580.480.350.60.510.04
0.110.160.08-0.150.130.230.14-0.520.060.290.280.0-0.290.580.030.330.670.320.290.09-0.07-0.520.040.30.11
0.520.710.24-0.090.840.470.75-0.85-0.280.370.270.410.120.240.460.33-0.10.070.130.320.220.340.160.51-0.05
0.1-0.070.120.17-0.130.14-0.06-0.08-0.10.320.24-0.04-0.070.520.00.67-0.1-0.110.430.050.01-0.470.160.27-0.01
0.040.14-0.15-0.08-0.050.020.05-0.030.55-0.120.080.06-0.250.19-0.090.320.07-0.110.110.10.12-0.270.18-0.110.16
0.830.410.520.870.290.550.45-0.16-0.31-0.08-0.010.460.630.720.480.290.130.430.110.840.590.130.770.7-0.25
0.870.660.470.820.550.790.71-0.28-0.33-0.39-0.290.510.730.680.580.090.320.050.10.840.850.330.870.52-0.48
0.680.610.260.660.530.820.65-0.15-0.22-0.47-0.480.410.640.530.48-0.070.220.010.120.590.850.360.810.2-0.62
0.550.110.40.290.630.260.23-0.05-0.630.20.040.220.63-0.270.35-0.520.34-0.47-0.270.130.330.360.030.43-0.33
0.660.720.130.780.260.650.71-0.21-0.02-0.51-0.360.640.560.710.60.040.160.160.180.770.870.810.030.29-0.3
0.780.30.540.530.570.420.41-0.4-0.640.490.320.480.560.410.510.30.510.27-0.110.70.520.20.430.29-0.01
-0.35-0.25-0.45-0.4-0.44-0.61-0.320.030.390.260.30.11-0.49-0.330.040.11-0.05-0.010.16-0.25-0.48-0.62-0.33-0.3-0.01
Click cells to compare fundamentals

ITI Account Relationship Matchups

ITI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.2B89.1B95.8B94.9B96.0B63.8B
Short Long Term Debt Total12.2B14.6B16.1B18.8B18.0B13.9B
Other Current Liab16.0B29.0B34.0B10.0B21.2B15.9B
Total Current Liabilities48.5B59.8B64.9B65.9B54.0B51.2B
Total Stockholder Equity23.7B24.6B26.2B23.7B17.8B18.9B
Property Plant And Equipment Net28.1B28.0B28.1B28.2B28.1B29.2B
Net Debt11.8B14.4B16.0B18.7B16.9B13.0B
Accounts Payable21.8B18.9B16.9B13.8B15.6B15.0B
Cash397.8M279.4M155.7M93.6M1.1B602.8M
Non Current Assets Total32.8B32.6B31.5B31.2B30.2B31.7B
Non Currrent Assets Other4.3B4.2B3.0B2.6B1.8B1.7B
Cash And Short Term Investments2.3B4.3B968.5M27.9B6.5B4.4B
Net Receivables40.2B49.0B59.2B58.9B24.4B38.6B
Common Stock Shares Outstanding897.6M926.3M933.5M944.5M959.6M993.7M
Short Term Investments1.9B4.1B812.8M27.9B5.5B3.1B
Liabilities And Stockholders Equity77.2B89.1B95.8B94.9B96.0B63.8B
Non Current Liabilities Total5.0B4.7B4.6B5.3B24.2B25.4B
Inventory1.7B1.9B1.9B2.5B2.2B1.5B
Other Current Assets254.2M1.3B2.2B1.8B30.8B32.3B
Other Stockholder Equity56.6B25.7B25.8B27.1B58.7B36.7B
Total Liab53.5B64.6B69.6B71.2B78.1B61.8B
Total Current Assets44.4B56.5B64.2B63.7B65.7B44.2B
Accumulated Other Comprehensive Income(1.2B)31.6B32.2B31.9B8.2B8.6B
Common Stock9.0B9.3B9.3B9.5B9.6B8.0B
Retained Earnings(43.4B)(41.8B)(42.1B)(41.0B)(50.4B)(52.9B)
Short Term Debt10.4B11.7B13.7B17.0B16.8B11.3B
Current Deferred Revenue16.1B18.7B20.1B24.8B19.7B17.1B
Other Liab3.2B1.7B1.6B3.5B3.1B2.3B
Net Tangible Assets23.2B24.6B26.2B23.7B27.3B17.5B
Other Assets4.3B4.2B5K2K(61.0K)(58.0K)
Short Long Term Debt10.4B11.6B13.1B17.0B16.8B12.9B
Property Plant Equipment28.1B28.0B28.1B28.2B32.5B29.5B
Capital Surpluse1.2B2.2B2.9B4.6B5.3B5.5B
Non Current Liabilities Other1.2B1.2B1K(100K)900.0855.0
Cash And Equivalents267.0M397.8M279.4M155.7M140.1M234.2M

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 ITI Stock

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