ITI Property Plant And Equipment Net vs Short Term Debt 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 Property Plant And Equipment Net and its Short Term Debt 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.

Property Plant And Equipment Net vs Short Term Debt

Property Plant And Equipment Net vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ITI Limited Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between ITI's Property Plant And Equipment Net and Short Term Debt is 0.65. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt 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 Property Plant And Equipment Net and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of ITI Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., ITI's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Debt

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.