Jtekt Short Long Term Debt Total vs Non Currrent Assets Other Analysis

JTEKTINDIA   165.47  1.52  0.91%   
Jtekt India financial indicator trend analysis is infinitely more than just investigating Jtekt India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jtekt India Limited is a good investment. Please check the relationship between Jtekt India Short Long Term Debt 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 Jtekt India 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 estimate.

Short Long Term Debt Total vs Non Currrent Assets Other

Short Long Term Debt 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 Jtekt India Limited Short Long Term Debt Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jtekt India's Short Long Term Debt Total and Non Currrent Assets Other is -0.02. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Jtekt India Limited, assuming nothing else is changed. The correlation between historical values of Jtekt India's Short Long Term Debt 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 Short Long Term Debt Total of Jtekt India 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 Short Long Term Debt Total i.e., Jtekt India's Short Long Term Debt Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

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 Jtekt India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jtekt India 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 Jtekt India 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 estimate.
As of the 28th of November 2024, Selling General Administrative is likely to drop to about 117.4 M. In addition to that, Tax Provision is likely to drop to about 264.7 M
 2021 2022 2023 2024 (projected)
Gross Profit4.1B6.0B6.3B4.3B
Total Revenue15.7B20.4B22.5B15.1B

Jtekt India fundamental ratios Correlations

0.19-0.020.820.570.830.00.440.82-0.190.430.910.450.050.690.54-0.030.460.810.450.52-0.04-0.10.440.47-0.11
0.190.570.67-0.620.570.94-0.480.65-0.02-0.55-0.01-0.560.89-0.520.190.430.9-0.36-0.66-0.420.07-0.06-0.68-0.190.45
-0.020.570.29-0.510.270.5-0.150.25-0.25-0.2-0.14-0.470.67-0.510.240.130.56-0.3-0.37-0.60.13-0.22-0.48-0.050.24
0.820.670.290.030.930.50.090.94-0.250.050.67-0.050.520.190.490.230.850.39-0.070.170.08-0.12-0.10.280.14
0.57-0.62-0.510.030.05-0.720.760.04-0.190.790.70.93-0.760.930.05-0.57-0.440.90.930.7-0.1-0.210.960.39-0.15
0.830.570.270.930.050.43-0.010.97-0.02-0.040.61-0.050.540.260.60.370.810.38-0.030.21-0.030.07-0.070.27-0.13
0.00.940.50.5-0.720.43-0.70.510.2-0.74-0.21-0.690.9-0.590.170.570.84-0.53-0.8-0.56-0.040.15-0.77-0.30.35
0.44-0.48-0.150.090.76-0.01-0.7-0.05-0.710.990.590.69-0.660.6-0.03-0.63-0.350.780.790.580.37-0.60.70.380.07
0.820.650.250.940.040.970.51-0.050.02-0.090.58-0.020.550.210.530.370.820.33-0.080.220.010.03-0.10.170.01
-0.19-0.02-0.25-0.25-0.19-0.020.2-0.710.02-0.66-0.31-0.170.22-0.040.240.52-0.02-0.33-0.26-0.17-0.540.82-0.13-0.15-0.48
0.43-0.55-0.20.050.79-0.04-0.740.99-0.09-0.660.590.72-0.70.640.01-0.64-0.390.80.820.590.3-0.510.730.380.01
0.91-0.01-0.140.670.70.61-0.210.590.58-0.310.590.59-0.160.790.45-0.320.250.920.630.5-0.14-0.160.630.65-0.08
0.45-0.56-0.47-0.050.93-0.05-0.690.69-0.02-0.170.720.59-0.760.77-0.12-0.71-0.50.760.930.67-0.12-0.30.90.190.03
0.050.890.670.52-0.760.540.9-0.660.550.22-0.7-0.16-0.76-0.570.410.630.88-0.48-0.75-0.6-0.10.26-0.77-0.080.07
0.69-0.52-0.510.190.930.26-0.590.60.21-0.040.640.790.77-0.570.31-0.35-0.240.920.810.67-0.250.040.890.56-0.35
0.540.190.240.490.050.60.17-0.030.530.240.010.45-0.120.410.310.430.520.360.01-0.09-0.210.51-0.020.46-0.56
-0.030.430.130.23-0.570.370.57-0.630.370.52-0.64-0.32-0.710.63-0.350.430.52-0.44-0.73-0.20.130.58-0.66-0.16-0.37
0.460.90.560.85-0.440.810.84-0.350.82-0.02-0.390.25-0.50.88-0.240.520.52-0.08-0.51-0.310.00.09-0.530.070.13
0.81-0.36-0.30.390.90.38-0.530.780.33-0.330.80.920.76-0.480.920.36-0.44-0.080.830.64-0.07-0.190.830.61-0.2
0.45-0.66-0.37-0.070.93-0.03-0.80.79-0.08-0.260.820.630.93-0.750.810.01-0.73-0.510.830.6-0.14-0.290.940.36-0.17
0.52-0.42-0.60.170.70.21-0.560.580.22-0.170.590.50.67-0.60.67-0.09-0.2-0.310.640.60.25-0.180.580.19-0.12
-0.040.070.130.08-0.1-0.03-0.040.370.01-0.540.3-0.14-0.12-0.1-0.25-0.210.130.0-0.07-0.140.25-0.55-0.25-0.310.31
-0.1-0.06-0.22-0.12-0.210.070.15-0.60.030.82-0.51-0.16-0.30.260.040.510.580.09-0.19-0.29-0.18-0.55-0.170.13-0.65
0.44-0.68-0.48-0.10.96-0.07-0.770.7-0.1-0.130.730.630.9-0.770.89-0.02-0.66-0.530.830.940.58-0.25-0.170.48-0.17
0.47-0.19-0.050.280.390.27-0.30.380.17-0.150.380.650.19-0.080.560.46-0.160.070.610.360.19-0.310.130.48-0.35
-0.110.450.240.14-0.15-0.130.350.070.01-0.480.01-0.080.030.07-0.35-0.56-0.370.13-0.2-0.17-0.120.31-0.65-0.17-0.35
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Jtekt India Account Relationship Matchups

Jtekt India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B9.3B10.0B10.7B12.7B10.0B
Short Long Term Debt Total781.3M485.2M709.9M617.6M1.2B1.5B
Other Current Liab932.0M383.9M551.1M432.6M559.5M1.0B
Total Current Liabilities2.4B2.8B2.9B3.0B3.8B3.3B
Total Stockholder Equity6.0B6.0B6.3B7.0B8.2B4.3B
Property Plant And Equipment Net4.4B4.0B4.7B4.8B5.7B5.3B
Net Debt194.4M(171.2M)86.6M151.6M400.3M380.3M
Cash586.9M656.3M623.3M466.0M753.6M378.0M
Non Current Assets Total5.0B4.6B5.2B5.3B6.5B6.0B
Non Currrent Assets Other65.1M79K325.2M243.3M429.5M451.0M
Cash And Short Term Investments586.9M728.8M789.1M572.8M753.6M399.6M
Net Receivables1.9B2.6B2.4B2.8B3.3B2.4B
Liabilities And Stockholders Equity8.9B9.3B10.0B10.7B12.7B10.0B
Non Current Liabilities Total314.1M323.7M499.1M451.3M744.7M1.4B
Inventory1.1B1.3B1.4B1.9B2.0B1.1B
Other Current Assets45.9M164.9M175.5M198.9M180.8M123.0M
Other Stockholder Equity2.9B(4.9B)1.1B807.1M726.4M690.0M
Total Liab2.7B3.1B3.4B3.4B4.5B3.8B
Total Current Assets3.9B4.8B4.8B5.4B6.2B4.0B
Accumulated Other Comprehensive Income(1.3B)(2.4B)(3.1B)1.1B1.1B1.2B
Intangible Assets526.8M365.8M233.4M235.8M189.7M306.8M
Current Deferred Revenue(582.8M)256.5M582.3M339.5M28.3M29.7M
Retained Earnings3.8B3.9B4.2B4.9B6.1B3.5B
Accounts Payable1.4B2.0B2.0B2.2B2.7B2.2B
Short Term Debt582.8M274.1M473.8M367.4M503.4M517.6M
Other Liab202.1M115.6M112.7M115.6M104.0M195.5M
Net Tangible Assets5.8B5.8B5.9B6.2B7.2B5.3B
Other Assets517.1M435.6M404.4M133.1M153.1M145.4M
Long Term Debt160.9M172.6M343.5M309.0M595.5M590.5M
Deferred Long Term Liab477.8M384.7M234.0M137.7M123.9M117.7M
Short Long Term Debt578.7M179.7M326.4M268.1M500.4M529.7M
Property Plant Equipment4.4B4.0B4.7B4.8B4.3B3.8B
Short Term Investments11.1M72.5M165.8M106.8M2.5M2.4M
Long Term Debt Total198.5M211.1M383.5M349.5M314.6M526.8M
Cash And Equivalents532.3M648.6M579.8M439.5M505.4M672.4M
Net Invested Capital6.7B6.3B7.0B7.6B9.3B8.0B

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Other Information on Investing in Jtekt Stock

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