Mahindra Other Current Assets vs Common Stock Analysis

MAHLOG Stock   382.90  4.90  1.26%   
Mahindra Logistics financial indicator trend analysis is infinitely more than just investigating Mahindra Logistics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mahindra Logistics is a good investment. Please check the relationship between Mahindra Logistics Other Current Assets and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mahindra Logistics 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 persons.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mahindra Logistics Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mahindra Logistics' Other Current Assets and Common Stock is 0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Mahindra Logistics Limited, assuming nothing else is changed. The correlation between historical values of Mahindra Logistics' Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Mahindra Logistics Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Mahindra Logistics' Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

Most indicators from Mahindra Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mahindra Logistics 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mahindra Logistics 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 persons.
As of December 1, 2024, Selling General Administrative is expected to decline to about 225.7 M. In addition to that, Tax Provision is expected to decline to about 182.4 M
 2021 2022 2023 2024 (projected)
Interest Expense295.2M515.7M681.6M715.7M
Depreciation And Amortization1.4B1.9B2.1B2.2B

Mahindra Logistics fundamental ratios Correlations

0.861.00.870.90.80.90.990.340.880.770.610.970.440.60.84-0.030.760.840.90.970.660.840.780.680.6
0.860.850.760.830.630.780.860.560.740.440.510.780.40.410.71-0.020.810.650.770.850.450.670.590.630.48
1.00.850.840.90.810.871.00.30.880.760.580.960.440.580.85-0.020.780.80.910.960.660.820.790.640.57
0.870.760.840.740.540.990.870.480.690.750.540.930.460.470.610.010.510.960.740.960.40.930.60.930.83
0.90.830.90.740.920.760.890.240.970.570.490.820.710.490.96-0.120.820.660.980.850.620.750.870.560.49
0.80.630.810.540.920.570.78-0.080.980.610.380.710.740.480.99-0.20.710.530.960.70.670.630.960.320.27
0.90.780.870.990.760.570.90.490.710.720.550.950.460.480.630.090.570.930.760.970.440.940.60.910.84
0.990.861.00.870.890.780.90.310.870.780.550.970.450.540.83-0.010.740.830.90.980.610.860.770.70.63
0.340.560.30.480.24-0.080.490.310.08-0.050.630.29-0.10.380.060.120.390.370.120.410.250.24-0.120.440.3
0.880.740.880.690.970.980.710.870.080.660.430.810.750.490.99-0.170.740.650.990.820.650.750.950.490.43
0.770.440.760.750.570.610.720.78-0.050.660.370.820.330.460.6-0.280.230.840.680.790.430.770.730.580.54
0.610.510.580.540.490.380.550.550.630.430.370.490.050.960.450.030.530.550.450.590.850.380.320.280.18
0.970.780.960.930.820.710.950.970.290.810.820.490.450.480.750.030.640.90.850.980.520.920.740.80.74
0.440.40.440.460.710.740.460.45-0.10.750.330.050.450.10.73-0.220.360.40.760.470.220.610.770.450.39
0.60.410.580.470.490.480.480.540.380.490.460.960.480.10.52-0.010.490.520.50.550.920.370.430.170.11
0.840.710.850.610.960.990.630.830.060.990.60.450.750.730.52-0.20.760.580.980.760.690.670.950.380.31
-0.03-0.02-0.020.01-0.12-0.20.09-0.010.12-0.17-0.280.030.03-0.22-0.01-0.20.2-0.08-0.15-0.010.050.04-0.280.10.17
0.760.810.780.510.820.710.570.740.390.740.230.530.640.360.490.760.20.40.740.670.670.460.570.330.26
0.840.650.80.960.660.530.930.830.370.650.840.550.90.40.520.58-0.080.40.710.920.430.920.640.850.73
0.90.770.910.740.980.960.760.90.120.990.680.450.850.760.50.98-0.150.740.710.860.630.80.950.560.48
0.970.850.960.960.850.70.970.980.410.820.790.590.980.470.550.76-0.010.670.920.860.550.920.730.810.71
0.660.450.660.40.620.670.440.610.250.650.430.850.520.220.920.690.050.670.430.630.550.360.580.060.02
0.840.670.820.930.750.630.940.860.240.750.770.380.920.610.370.670.040.460.920.80.920.360.70.890.84
0.780.590.790.60.870.960.60.77-0.120.950.730.320.740.770.430.95-0.280.570.640.950.730.580.70.40.3
0.680.630.640.930.560.320.910.70.440.490.580.280.80.450.170.380.10.330.850.560.810.060.890.40.93
0.60.480.570.830.490.270.840.630.30.430.540.180.740.390.110.310.170.260.730.480.710.020.840.30.93
Click cells to compare fundamentals

Mahindra Logistics Account Relationship Matchups

Mahindra Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B16.8B19.3B25.5B24.8B13.5B
Other Current Liab231.3M949M827.3M659.9M782.7M427.7M
Total Current Liabilities7.3B9.1B10.6B14.3B14.4B7.4B
Total Stockholder Equity5.4B5.7B5.9B5.6B4.9B4.4B
Property Plant And Equipment Net2.6B3.7B5.2B6.1B5.7B6.0B
Net Debt1.0B717.1M2.7B7.1B7.1B7.5B
Retained Earnings3.5B3.7B3.9B3.8B3.1B2.6B
Accounts Payable6.2B7.7B8.7B10.5B11.1B6.1B
Cash995.3M2.0B1.3B1.3B243.9M231.7M
Non Current Assets Total4.4B4.7B7.0B11.5B11.4B11.9B
Non Currrent Assets Other1.5B639.2M1.2B2.2B2.8B1.5B
Cash And Short Term Investments1.1B2.7B2.7B6.4B769.1M730.6M
Net Receivables8.8B8.1B8.7B10.5B11.3B6.8B
Common Stock Shares Outstanding71.8M72.0M72.2M72.2M72.0M78.3M
Short Term Investments107.4M687.4M1.4B5.1B525.2M498.9M
Liabilities And Stockholders Equity14.2B16.8B19.3B25.5B24.8B13.5B
Non Current Liabilities Total1.4B2.0B2.8B5.6B5.3B5.6B
Other Current Assets955.3M1.4B1.3B1.6B1.3B1.0B
Other Stockholder Equity1.1B1.1B917.5M1.3B1.1B882.7M
Total Liab8.7B11.1B13.4B19.9B19.7B20.7B
Total Current Assets9.8B12.0B12.3B14.1B13.4B9.3B
Accumulated Other Comprehensive Income(1.3B)141M(142M)(174.6M)4.2B4.4B
Intangible Assets10.3M183.9M237.7M2.4B490.5M321.7M
Common Stock715.4M716.7M718.7M719.8M720.4M738.9M
Other Liab156.7M158.9M164.5M327.1M376.2M395.0M
Net Tangible Assets5.4B5.5B5.6B3.2B3.6B4.2B
Other Assets1.9B1.1B2.0B709.3M815.7M1.1B
Property Plant Equipment2.4B3.4B4.7B5.9B6.7B7.1B
Short Long Term Debt Total2.0B2.7B4.0B8.3B7.4B7.8B
Current Deferred Revenue(792.7M)209.5M324.4M440.2M69.4M78.8M
Long Term Debt23.1M9M100K2.2B2.6B2.7B
Short Long Term Debt335.8M255.3M375.4M1.8B1.1B1.2B
Short Term Debt792.7M152.9M1.3B3.0B2.4B2.6B
Long Term Debt Total1.2B1.8B2.7B5.3B6.1B6.4B
Capital Surpluse1.0B1.1B400K600K540K513K
Cash And Equivalents400M970M780M1.3B1.5B1.5B
Net Invested Capital5.8B5.9B6.3B9.6B8.3B7.2B
Net Working Capital2.5B2.9B1.8B(224.8M)(1.0B)(982.6M)

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Other Information on Investing in Mahindra Stock

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