Maithan Property Plant Equipment vs Total Current Assets Analysis

MAITHANALL   1,066  0.05  0%   
Maithan Alloys financial indicator trend analysis is infinitely more than just investigating Maithan Alloys recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maithan Alloys is a good investment. Please check the relationship between Maithan Alloys Property Plant Equipment and its Total Current Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maithan Alloys 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 rate.

Property Plant Equipment vs Total Current Assets

Property Plant Equipment vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maithan Alloys Property Plant Equipment account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Maithan Alloys' Property Plant Equipment and Total Current Assets is -0.66. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Maithan Alloys Limited, assuming nothing else is changed. The correlation between historical values of Maithan Alloys' Property Plant Equipment and Total Current Assets 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 Equipment of Maithan Alloys Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant Equipment i.e., Maithan Alloys' Property Plant Equipment and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Property Plant Equipment

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Maithan Alloys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maithan Alloys 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 Maithan Alloys 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 rate.
As of the 30th of November 2024, Tax Provision is likely to grow to about 1.1 B, while Selling General Administrative is likely to drop about 32.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense11.4M22.4M16.3M15.5M
Depreciation And Amortization169.1M202.1M207.8M174.5M

Maithan Alloys fundamental ratios Correlations

-0.55-0.260.261.00.24-0.250.030.610.020.97-0.68-0.390.650.760.290.051.00.620.710.95-0.380.410.990.210.84
-0.550.40.18-0.60.470.62-0.260.04-0.32-0.570.240.94-0.42-0.25-0.730.59-0.58-0.76-0.57-0.510.13-0.56-0.61-0.24-0.58
-0.260.40.35-0.310.590.18-0.020.330.01-0.340.170.52-0.06-0.2-0.360.53-0.29-0.04-0.16-0.330.13-0.02-0.34-0.18-0.39
0.260.180.350.170.710.27-0.240.640.310.110.090.140.55-0.05-0.270.880.230.270.490.15-0.650.560.130.480.14
1.0-0.6-0.310.170.15-0.290.060.550.010.98-0.69-0.440.620.760.35-0.051.00.630.70.95-0.340.41.00.180.85
0.240.470.590.710.150.23-0.050.86-0.020.13-0.120.560.280.21-0.50.850.190.110.180.13-0.480.110.11-0.110.0
-0.250.620.180.27-0.290.23-0.920.01-0.03-0.260.00.57-0.27-0.01-0.410.49-0.26-0.52-0.31-0.060.12-0.21-0.290.21-0.42
0.03-0.26-0.02-0.240.06-0.05-0.920.01-0.130.030.12-0.220.12-0.120.13-0.310.030.250.09-0.18-0.08-0.030.05-0.390.23
0.610.040.330.640.550.860.010.010.020.51-0.250.180.590.42-0.170.610.580.450.540.5-0.530.320.52-0.010.37
0.02-0.320.010.310.01-0.02-0.03-0.130.020.040.05-0.340.0-0.080.190.080.020.32-0.030.07-0.270.390.00.550.09
0.97-0.57-0.340.110.980.13-0.260.030.510.04-0.66-0.410.490.730.33-0.080.970.580.590.98-0.290.310.980.170.83
-0.680.240.170.09-0.69-0.120.00.12-0.250.05-0.660.05-0.08-0.96-0.110.04-0.67-0.21-0.1-0.680.110.02-0.690.07-0.51
-0.390.940.520.14-0.440.560.57-0.220.18-0.34-0.410.05-0.38-0.07-0.720.59-0.42-0.68-0.53-0.360.22-0.66-0.45-0.26-0.43
0.65-0.42-0.060.550.620.28-0.270.120.590.00.49-0.08-0.380.20.210.260.650.560.940.46-0.410.630.610.380.6
0.76-0.25-0.2-0.050.760.21-0.01-0.120.42-0.080.73-0.96-0.070.20.12-0.030.750.290.220.74-0.170.030.76-0.120.55
0.29-0.73-0.36-0.270.35-0.5-0.410.13-0.170.190.33-0.11-0.720.210.12-0.570.320.60.330.3-0.060.380.360.10.31
0.050.590.530.88-0.050.850.49-0.310.610.08-0.080.040.590.26-0.03-0.570.01-0.110.14-0.02-0.430.14-0.080.27-0.07
1.0-0.58-0.290.231.00.19-0.260.030.580.020.97-0.67-0.420.650.750.320.010.630.720.95-0.360.420.990.220.85
0.62-0.76-0.040.270.630.11-0.520.250.450.320.58-0.21-0.680.560.290.6-0.110.630.70.52-0.510.70.610.150.52
0.71-0.57-0.160.490.70.18-0.310.090.54-0.030.59-0.1-0.530.940.220.330.140.720.70.56-0.470.710.690.360.64
0.95-0.51-0.330.150.950.13-0.06-0.180.50.070.98-0.68-0.360.460.740.3-0.020.950.520.56-0.260.310.950.250.76
-0.380.130.13-0.65-0.34-0.480.12-0.08-0.53-0.27-0.290.110.22-0.41-0.17-0.06-0.43-0.36-0.51-0.47-0.26-0.64-0.3-0.1-0.23
0.41-0.56-0.020.560.40.11-0.21-0.030.320.390.310.02-0.660.630.030.380.140.420.70.710.31-0.640.380.290.26
0.99-0.61-0.340.131.00.11-0.290.050.520.00.98-0.69-0.450.610.760.36-0.080.990.610.690.95-0.30.380.190.85
0.21-0.24-0.180.480.18-0.110.21-0.39-0.010.550.170.07-0.260.38-0.120.10.270.220.150.360.25-0.10.290.190.38
0.84-0.58-0.390.140.850.0-0.420.230.370.090.83-0.51-0.430.60.550.31-0.070.850.520.640.76-0.230.260.850.38
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Maithan Alloys Account Relationship Matchups

Maithan Alloys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.2B19.0B27.5B31.4B34.7B36.4B
Short Long Term Debt Total104.1M486.9M51.2M197.7M302.1M287.0M
Other Current Liab958.9M833.8M1.2B794.1M990.9M961.7M
Total Current Liabilities1.9B3.4B3.9B2.9B2.5B2.7B
Total Stockholder Equity12.9B15.2B23.2B28.0B31.4B33.0B
Property Plant And Equipment Net2.2B2.0B2.6B2.5B2.9B2.4B
Net Debt(6.1B)301.3M(832.5M)(697.3M)(115.3M)(109.5M)
Cash6.3B185.6M883.7M895M408.4M388.0M
Non Current Assets Total2.6B2.5B3.6B3.6B4.4B2.8B
Non Currrent Assets Other411.4M7.8M125.8M819.3M678.9M931.1M
Cash And Short Term Investments6.3B8.2B9.2B20.0B18.0B19.0B
Liabilities And Stockholders Equity15.2B19.0B27.5B31.4B34.7B36.4B
Non Current Liabilities Total368.5M387.4M330.5M420.8M739.8M691.5M
Inventory2.8B3.5B6.8B3.0B3.6B2.4B
Other Current Assets362.2M295.8M775M710.3M4.8B5.0B
Other Stockholder Equity318.7M318.7M318.7M318.7M336.2M255.8M
Total Liab2.2B3.8B4.3B3.4B3.3B3.7B
Total Current Assets12.5B16.5B23.9B27.8B30.3B31.8B
Accumulated Other Comprehensive Income(672.1M)9.8M17.3M11.1M553.9M581.6M
Net Receivables2.9B4.5B7.0B4.3B4.1B2.8B
Short Term Investments49.2M8.0B8.3B19.1B17.6B18.5B
Intangible Assets5.4M4.6M4.2M3.8M3.5M4.8M
Current Deferred Revenue(68.4M)1.1B1.9B726.7M292.9M278.3M
Retained Earnings12.3B14.6B22.6B27.4B30.2B31.7B
Accounts Payable750M1.8B2.0B1.5B876.7M1.5B
Short Term Debt68.4M452.1M18M85M139.9M248.3M
Other Liab314.1M332.8M352.6M296.5M341.0M254.9M
Net Tangible Assets11.1B12.9B15.2B23.1B26.5B27.8B
Other Assets426.3M402M793.1M14.8M17.0M16.2M
Short Long Term Debt67.7M451.4M17.2M84M139M132.1M
Property Plant Equipment2.2B2.0B2.6B2.5B2.3B2.0B
Long Term Debt Total35.7M34.8M34M113.1M101.8M134.1M
Capital Lease Obligations36.6M36.4M34.8M33.7M33.1M28.2M
Net Invested Capital13.0B15.7B23.2B28.2B31.7B20.8B
Non Current Liabilities Other9.8M8.9M1.4M7.1M800K760K

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Other Information on Investing in Maithan Stock

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