Jindal Depreciation vs Capital Expenditures Analysis

JPOLYINVST

981.10 34.80 3.43%

Jindal Poly financial indicator trend analysis is infinitely more than just investigating Jindal Poly Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Poly Investment is a good investment. Please check the relationship between Jindal Poly Depreciation and its Capital Expenditures accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Poly Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Poly Investment Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Jindal Poly's Depreciation and Capital Expenditures is 0.57. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Jindal Poly Investment, assuming nothing else is changed. The correlation between historical values of Jindal Poly's Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Jindal Poly Investment are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., Jindal Poly's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

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Depreciation

Depreciation indicates how much of Jindal Poly Investment value has been used up. For tax purposes Jindal Poly can deduct the cost of the tangible assets it purchases as business expenses. However, Jindal Poly Investment must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Capital Expenditures

Capital Expenditures are funds used by Jindal Poly Investment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jindal Poly operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Jindal Poly's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Poly Investment 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 Jindal Poly Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

As of the 27th of November 2024, Selling General Administrative is likely to drop to about 590.9 K. In addition to that, Tax Provision is likely to drop to about 21.4 M

Jindal Poly fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Good Will	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Intangible Assets
Total Assets		0.79	0.92	0.21	0.78	0.09	0.73	0.88	0.83	0.05	0.44	0.9	0.71	0.38	0.37	0.1	0.93	0.99	-0.15	0.11	0.65	0.66	0.06	0.89	-0.46	0.53
Other Current Liab	0.79		0.8	-0.02	0.77	-0.08	0.35	0.69	0.62	-0.01	0.48	0.78	0.56	0.17	0.29	-0.1	0.8	0.79	-0.02	-0.03	0.52	0.7	-0.08	0.77	-0.14	0.55
Total Current Liabilities	0.92	0.8		-0.2	0.87	-0.3	0.84	0.91	0.85	-0.13	0.54	0.99	0.76	0.23	0.55	-0.28	0.99	0.9	0.19	-0.19	0.69	0.74	-0.13	0.98	-0.17	0.67
Total Stockholder Equity	0.21	-0.02	-0.2		-0.18	0.95	-0.24	-0.08	-0.07	0.56	-0.26	-0.2	-0.15	0.37	-0.42	0.94	-0.13	0.23	-0.86	0.79	-0.11	-0.17	0.38	-0.21	-0.69	-0.32
Net Debt	0.78	0.77	0.87	-0.18		-0.26	0.71	0.61	0.5	-0.1	0.21	0.91	0.37	0.18	0.39	-0.26	0.86	0.82	0.14	-0.14	0.25	0.97	-0.11	0.92	0.17	0.91
Retained Earnings	0.09	-0.08	-0.3	0.95	-0.26		-0.35	-0.16	-0.14	0.53	-0.39	-0.31	-0.25	0.13	-0.64	0.96	-0.2	0.14	-0.83	0.75	-0.16	-0.22	0.33	-0.31	-0.64	-0.43
Accounts Payable	0.73	0.35	0.84	-0.24	0.71	-0.35		0.75	0.7	-0.13	0.35	0.85	0.6	0.23	0.58	-0.3	0.81	0.71	0.24	-0.2	0.51	0.6	-0.14	0.84	-0.09	0.63
Cash	0.88	0.69	0.91	-0.08	0.61	-0.16	0.75		0.99	-0.1	0.61	0.87	0.92	0.17	0.44	-0.13	0.93	0.83	0.12	-0.15	0.87	0.43	-0.08	0.85	-0.47	0.34
Cash And Short Term Investments	0.83	0.62	0.85	-0.07	0.5	-0.14	0.7	0.99		-0.1	0.63	0.79	0.94	0.18	0.41	-0.11	0.87	0.77	0.13	-0.15	0.91	0.31	-0.08	0.77	-0.53	0.22
Common Stock Shares Outstanding	0.05	-0.01	-0.13	0.56	-0.1	0.53	-0.13	-0.1	-0.1		-0.16	-0.12	-0.13	0.13	-0.21	0.55	-0.1	0.06	-0.65	0.7	-0.13	-0.08	-0.1	-0.12	-0.33	-0.13
Other Current Assets	0.44	0.48	0.54	-0.26	0.21	-0.39	0.35	0.61	0.63	-0.16		0.46	0.83	0.29	0.64	-0.35	0.47	0.33	0.29	-0.24	0.79	0.04	-0.04	0.43	-0.28	0.07
Total Liab	0.9	0.78	0.99	-0.2	0.91	-0.31	0.85	0.87	0.79	-0.12	0.46		0.7	0.23	0.54	-0.28	0.98	0.89	0.18	-0.18	0.58	0.8	-0.11	1.0	-0.1	0.76
Total Current Assets	0.71	0.56	0.76	-0.15	0.37	-0.25	0.6	0.92	0.94	-0.13	0.83	0.7		0.23	0.53	-0.2	0.76	0.62	0.2	-0.19	0.93	0.16	-0.05	0.68	-0.52	0.15
Common Stock	0.38	0.17	0.23	0.37	0.18	0.13	0.23	0.17	0.18	0.13	0.29	0.23	0.23		0.48	0.09	0.18	0.29	-0.24	0.26	0.13	0.12	0.14	0.23	-0.28	0.23
Other Liab	0.37	0.29	0.55	-0.42	0.39	-0.64	0.58	0.44	0.41	-0.21	0.64	0.54	0.53	0.48		-0.62	0.44	0.28	0.38	-0.31	0.42	0.27	-0.15	0.53	0.11	0.5
Net Tangible Assets	0.1	-0.1	-0.28	0.94	-0.26	0.96	-0.3	-0.13	-0.11	0.55	-0.35	-0.28	-0.2	0.09	-0.62		-0.19	0.15	-0.85	0.79	-0.15	-0.24	0.37	-0.28	-0.68	-0.42
Property Plant And Equipment Net	0.93	0.8	0.99	-0.13	0.86	-0.2	0.81	0.93	0.87	-0.1	0.47	0.98	0.76	0.18	0.44	-0.19		0.92	0.13	-0.15	0.67	0.73	-0.1	0.97	-0.23	0.64
Non Current Assets Total	0.99	0.79	0.9	0.23	0.82	0.14	0.71	0.83	0.77	0.06	0.33	0.89	0.62	0.29	0.28	0.15	0.92		-0.19	0.14	0.57	0.71	0.06	0.88	-0.41	0.56
Non Currrent Assets Other	-0.15	-0.02	0.19	-0.86	0.14	-0.83	0.24	0.12	0.13	-0.65	0.29	0.18	0.2	-0.24	0.38	-0.85	0.13	-0.19		-0.98	0.16	0.11	0.06	0.18	0.54	0.23
Other Assets	0.11	-0.03	-0.19	0.79	-0.14	0.75	-0.2	-0.15	-0.15	0.7	-0.24	-0.18	-0.19	0.26	-0.31	0.79	-0.15	0.14	-0.98		-0.19	-0.12	-0.14	-0.18	-0.49	-0.19
Net Receivables	0.65	0.52	0.69	-0.11	0.25	-0.16	0.51	0.87	0.91	-0.13	0.79	0.58	0.93	0.13	0.42	-0.15	0.67	0.57	0.16	-0.19		0.04	-0.1	0.54	-0.55	-0.05
Good Will	0.66	0.7	0.74	-0.17	0.97	-0.22	0.6	0.43	0.31	-0.08	0.04	0.8	0.16	0.12	0.27	-0.24	0.73	0.71	0.11	-0.12	0.04		-0.1	0.82	0.32	0.93
Short Term Investments	0.06	-0.08	-0.13	0.38	-0.11	0.33	-0.14	-0.08	-0.08	-0.1	-0.04	-0.11	-0.05	0.14	-0.15	0.37	-0.1	0.06	0.06	-0.14	-0.1	-0.1		-0.1	-0.28	-0.12
Non Current Liabilities Total	0.89	0.77	0.98	-0.21	0.92	-0.31	0.84	0.85	0.77	-0.12	0.43	1.0	0.68	0.23	0.53	-0.28	0.97	0.88	0.18	-0.18	0.54	0.82	-0.1		-0.08	0.78
Other Stockholder Equity	-0.46	-0.14	-0.17	-0.69	0.17	-0.64	-0.09	-0.47	-0.53	-0.33	-0.28	-0.1	-0.52	-0.28	0.11	-0.68	-0.23	-0.41	0.54	-0.49	-0.55	0.32	-0.28	-0.08		0.44
Intangible Assets	0.53	0.55	0.67	-0.32	0.91	-0.43	0.63	0.34	0.22	-0.13	0.07	0.76	0.15	0.23	0.5	-0.42	0.64	0.56	0.23	-0.19	-0.05	0.93	-0.12	0.78	0.44

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Jindal Poly Account Relationship Matchups

Jindal Poly fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	5.1B	73.7B	24.2B	27.2B	22.7B
Other Current Liab	1.5B	(5.2B)	5.1B	507K	685.3M	965.8M
Total Current Liabilities	1.5B	2.0B	14.4B	658K	251K	238.5K
Total Stockholder Equity	(2.0B)	(2.0B)	6.2B	23.6B	26.5B	27.9B
Net Debt	2.2B	2.2B	12.4B	269.5M	269.2M	255.7M
Retained Earnings	(8.4B)	(8.6B)	(622.0M)	15.5B	18.4B	19.4B
Accounts Payable	1.4M	865K	5.5B	151K	251K	238.5K
Cash	3.5M	1.6M	2.8B	97K	395K	375.3K
Cash And Short Term Investments	12.7M	17.8M	3.9B	97K	395K	375.3K
Liabilities And Stockholders Equity	4.5B	5.1B	73.7B	24.2B	27.2B	22.7B
Other Current Assets	471.6M	448.7M	6.0B	207K	1.4M	1.3M
Total Liab	8.5B	9.3B	49.2B	650.1M	685.3M	651.0M
Total Current Assets	488.5M	491.7M	14.7B	304K	1.8M	1.7M
Non Current Assets Total	4.0B	4.6B	59.0B	24.2B	27.2B	22.0B
Non Currrent Assets Other	5.2M	4.2B	982K	(3.0B)	(27.2B)	(25.8B)
Net Receivables	26.8M	4.2M	4.7B	89K	102.4K	97.2K
Short Term Investments	9.3M	16.2M	1.1B	21.2B	1.0M	962.4K
Non Current Liabilities Total	7.0B	7.3B	34.8B	649.4M	685.0M	650.8M
Other Stockholder Equity	8.4B	8.6B	(36.1B)	(15.5B)	(18.4B)	(17.5B)
Accumulated Other Comprehensive Income	6.4B	6.5B	6.7B	8.0B	8.0B	4.4B
Inventory	(3.8B)	21.0M	4.7B	(89K)	(102.4K)	(97.2K)
Short Term Debt	7.0B	7.3B	3.8B	269.6M	242.6M	230.5M
Short Long Term Debt Total	9.2B	9.5B	15.2B	269.6M	242.6M	230.5M
Current Deferred Revenue	(7.0B)	(7.8B)	4.6B	(269.6M)	(954.9M)	(1.0B)
Cash And Equivalents	3.5M	1.6M	2.8B	97K	111.6K	106.0K
Net Invested Capital	3.9B	3.0B	28.8B	23.8B	26.8B	14.7B
Net Working Capital	(1.0B)	466.5M	8.1B	(354K)	530K	503.5K

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Other Information on Investing in Jindal Stock

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

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Jindal Depreciation vs Capital Expenditures Analysis

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Depreciation

Capital Expenditures

Jindal Poly fundamental ratios Correlations

Jindal Poly Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jindal Poly fundamental ratios Accounts

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Other Information on Investing in Jindal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Liab
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Cash And Short Term Investments	+ 0.99	Cash
Non Current Liabilities Total	+ 0.98	Total Current Liabilities

Other Assets	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.86	Total Stockholder Equity
Non Currrent Assets Other	- 0.85	Net Tangible Assets
Non Currrent Assets Other	- 0.83	Retained Earnings
Other Stockholder Equity	- 0.69	Total Stockholder Equity
Other Stockholder Equity	- 0.68	Net Tangible Assets