Maharashtra Change To Operating Activities vs Depreciation Analysis

MAHSCOOTER   9,395  102.40  1.10%   
Maharashtra Scooters financial indicator trend analysis is infinitely more than just investigating Maharashtra Scooters recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maharashtra Scooters is a good investment. Please check the relationship between Maharashtra Scooters Change To Operating Activities and its Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maharashtra Scooters 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 main economic indicators.

Change To Operating Activities vs Depreciation

Change To Operating Activities vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maharashtra Scooters Change To Operating Activities account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Maharashtra Scooters' Change To Operating Activities and Depreciation is 0.11. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Depreciation in the same time period over historical financial statements of Maharashtra Scooters Limited, assuming nothing else is changed. The correlation between historical values of Maharashtra Scooters' Change To Operating Activities and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Maharashtra Scooters Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Operating Activities i.e., Maharashtra Scooters' Change To Operating Activities and Depreciation go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Operating Activities

Depreciation

Depreciation indicates how much of Maharashtra Scooters value has been used up. For tax purposes Maharashtra Scooters can deduct the cost of the tangible assets it purchases as business expenses. However, Maharashtra Scooters Limited 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.
Most indicators from Maharashtra Scooters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maharashtra Scooters 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 Maharashtra Scooters 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 main economic indicators.
As of the 24th of November 2024, Selling General Administrative is likely to grow to about 6.8 M, while Tax Provision is likely to drop about 27.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit86.1M2.1B2.2B2.3B
Total Revenue169.2M2.2B2.2B2.3B

Maharashtra Scooters fundamental ratios Correlations

-0.6-0.561.00.510.23-0.340.9-0.220.240.33-0.670.740.360.30.960.250.68-0.32-0.670.250.960.650.950.98-0.75
-0.61.0-0.6-0.56-0.210.18-0.530.23-0.16-0.370.34-0.42-0.15-0.2-0.5-0.16-0.350.160.34-0.17-0.510.04-0.51-0.650.34
-0.561.0-0.56-0.57-0.210.17-0.470.28-0.21-0.410.27-0.42-0.09-0.21-0.45-0.21-0.280.150.27-0.21-0.470.07-0.48-0.620.27
1.0-0.6-0.560.530.22-0.330.89-0.230.250.34-0.660.750.360.30.950.250.67-0.32-0.660.250.950.650.940.98-0.74
0.51-0.56-0.570.53-0.120.040.45-0.440.140.61-0.050.550.170.220.290.140.020.25-0.050.140.30.090.370.56-0.05
0.23-0.21-0.210.22-0.12-0.940.180.120.120.09-0.16-0.05-0.420.180.310.120.170.0-0.160.120.310.030.330.18-0.28
-0.340.180.17-0.330.04-0.94-0.27-0.08-0.15-0.10.21-0.050.37-0.22-0.41-0.15-0.220.00.21-0.16-0.41-0.14-0.43-0.30.34
0.9-0.53-0.470.890.450.18-0.270.15-0.210.26-0.720.620.460.340.87-0.210.74-0.23-0.72-0.210.870.530.810.85-0.78
-0.220.230.28-0.23-0.440.12-0.080.15-0.82-0.3-0.17-0.280.130.16-0.09-0.820.170.26-0.17-0.81-0.09-0.18-0.19-0.28-0.15
0.24-0.16-0.210.250.140.12-0.15-0.21-0.820.150.10.28-0.22-0.090.211.0-0.11-0.210.11.00.210.280.310.30.05
0.33-0.37-0.410.340.610.09-0.10.26-0.30.150.350.71-0.470.590.190.15-0.360.10.350.140.20.110.40.440.29
-0.670.340.27-0.66-0.05-0.160.21-0.72-0.170.10.35-0.1-0.650.14-0.750.1-0.850.311.00.09-0.74-0.33-0.57-0.560.91
0.74-0.42-0.420.750.55-0.05-0.050.62-0.280.280.71-0.10.080.610.660.280.21-0.13-0.10.280.660.660.790.81-0.23
0.36-0.15-0.090.360.17-0.420.370.460.13-0.22-0.47-0.650.08-0.220.33-0.220.66-0.1-0.65-0.210.330.350.150.28-0.59
0.3-0.2-0.210.30.220.18-0.220.340.16-0.090.590.140.61-0.220.26-0.09-0.15-0.080.14-0.090.260.20.40.370.1
0.96-0.5-0.450.950.290.31-0.410.87-0.090.210.19-0.750.660.330.260.210.76-0.33-0.750.221.00.680.970.91-0.84
0.25-0.16-0.210.250.140.12-0.15-0.21-0.821.00.150.10.28-0.22-0.090.21-0.11-0.210.11.00.210.280.320.30.05
0.68-0.35-0.280.670.020.17-0.220.740.17-0.11-0.36-0.850.210.66-0.150.76-0.11-0.32-0.85-0.10.760.510.580.57-0.96
-0.320.160.15-0.320.250.00.0-0.230.26-0.210.10.31-0.13-0.1-0.08-0.33-0.21-0.320.31-0.21-0.32-0.33-0.28-0.330.31
-0.670.340.27-0.66-0.05-0.160.21-0.72-0.170.10.351.0-0.1-0.650.14-0.750.1-0.850.310.09-0.74-0.33-0.57-0.560.91
0.25-0.17-0.210.250.140.12-0.16-0.21-0.811.00.140.090.28-0.21-0.090.221.0-0.1-0.210.090.220.280.320.30.04
0.96-0.51-0.470.950.30.31-0.410.87-0.090.210.2-0.740.660.330.261.00.210.76-0.32-0.740.220.670.970.92-0.83
0.650.040.070.650.090.03-0.140.53-0.180.280.11-0.330.660.350.20.680.280.51-0.33-0.330.280.670.680.62-0.51
0.95-0.51-0.480.940.370.33-0.430.81-0.190.310.4-0.570.790.150.40.970.320.58-0.28-0.570.320.970.680.94-0.68
0.98-0.65-0.620.980.560.18-0.30.85-0.280.30.44-0.560.810.280.370.910.30.57-0.33-0.560.30.920.620.94-0.65
-0.750.340.27-0.74-0.05-0.280.34-0.78-0.150.050.290.91-0.23-0.590.1-0.840.05-0.960.310.910.04-0.83-0.51-0.68-0.65
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Maharashtra Scooters Account Relationship Matchups

Maharashtra Scooters fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.3B172.8B247.0B204.0B293.9B308.6B
Other Current Liab110.5M90.0M74.7M71.4M28.8M27.4M
Total Current Liabilities121.1M111.8M79.8M60.6M68.6M65.2M
Total Stockholder Equity82.1B162.4B228.5B190.4B270.2B283.7B
Property Plant And Equipment Net153.3M142.8M125.1M119.8M100.6M111.2M
Net Debt(751.6M)(6.0M)(2.2M)(3.6M)(7M)(7.4M)
Cash751.6M6.0M2.2M3.6M7M6.7M
Non Current Assets Total80.3B171.8B245.6B167.3M293.7B308.4B
Non Currrent Assets Other(80.0B)4.1M(1.1B)(203.6B)63.6M66.8M
Cash And Short Term Investments1.8B796.3M1.1B203.8B7.5M7.1M
Net Receivables109.5M206.4M250.1M120.1M17.7M16.8M
Liabilities And Stockholders Equity82.3B172.8B247.0B204.0B293.9B308.6B
Inventory33.6M36.0M64.6M38.0M36.6M19.0M
Other Current Assets169.4M2M700K4.2M155.2M163.0M
Other Stockholder Equity(4.4B)1.0225.9B(25.0K)(3.3B)(3.2B)
Total Liab150.1M10.4B18.5B13.6B23.8B25.0B
Total Current Assets2.0B1.0B1.4B203.8B217M206.2M
Accumulated Other Comprehensive Income(184.1M)160.6B225.9B187.9B270.1B283.6B
Accounts Payable10.6M21.8M5.1M1.9M1.4M1.3M
Short Term Investments1.0B790.3M1.1B203.7B1.4B1.3B
Non Current Liabilities Total28.9M10.3B18.4B13.5B23.7B24.8B
Retained Earnings1.6B1.7B2.5B2.4B3.3B1.8B
Other Liab23.1M10.3B18.4B13.5B15.5B16.3B
Net Tangible Assets82.1B162.4B228.5B190.4B219.0B229.9B
Other Assets31.6M335.8M4.1M4.5M(1.3B)(1.3B)
Property Plant Equipment153.3M142.8M125.1M119.8M137.8M118.0M
Current Deferred Revenue6.5M2.6M2.7M9.7M11.1M11.7M
Short Term Debt(2.9M)6.5M2.6M2.7M9.7M0.0
Net Invested Capital82.1B162.4B228.5B190.4B270.2B177.4B
Net Working Capital1.8B929M1.3B203.8B130.4M123.9M

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Other Information on Investing in Maharashtra Stock

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