Manorama Other Current Liab vs Non Currrent Assets Other Analysis

MANORAMA   1,191  3.00  0.25%   
Manorama Industries financial indicator trend analysis is infinitely more than just investigating Manorama Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manorama Industries is a good investment. Please check the relationship between Manorama Industries Other Current Liab and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manorama Industries 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 metropolitan statistical area.

Other Current Liab vs Non Currrent Assets Other

Other Current Liab vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manorama Industries Other Current Liab account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Manorama Industries' Other Current Liab and Non Currrent Assets Other is -0.45. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Manorama Industries Limited, assuming nothing else is changed. The correlation between historical values of Manorama Industries' Other Current Liab 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 Other Current Liab of Manorama Industries 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 Other Current Liab i.e., Manorama Industries' Other Current Liab and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

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 Manorama Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manorama Industries 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 Manorama Industries 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 metropolitan statistical area.
As of the 11th of December 2024, Selling General Administrative is likely to grow to about 101.7 M, while Tax Provision is likely to drop about 119.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense48.7M86.6M198.9M208.9M
Depreciation And Amortization78.9M108.5M136.1M142.9M

Manorama Industries fundamental ratios Correlations

0.970.680.960.970.980.180.950.990.88-0.140.980.120.790.980.6-0.240.950.990.920.920.971.00.960.90.74
0.970.631.00.880.920.030.990.930.95-0.260.910.060.820.940.66-0.260.930.990.860.811.00.981.00.820.62
0.680.630.660.680.650.650.630.680.69-0.170.68-0.450.270.660.08-0.050.50.680.590.650.640.680.640.860.78
0.961.00.660.860.90.060.990.910.97-0.290.890.00.790.920.66-0.230.90.980.840.781.00.971.00.830.62
0.970.880.680.860.980.30.850.990.75-0.010.990.180.710.970.5-0.210.930.930.920.970.880.950.860.910.81
0.980.920.650.90.980.180.90.990.79-0.161.00.170.70.970.55-0.280.950.950.920.940.920.960.90.890.73
0.180.030.650.060.30.180.00.240.040.250.24-0.25-0.170.24-0.210.26-0.040.120.30.340.050.150.020.540.66
0.950.990.630.990.850.90.00.910.95-0.380.890.040.750.910.66-0.310.910.970.850.770.990.960.990.810.57
0.990.930.680.910.990.990.240.910.81-0.131.00.170.720.990.55-0.220.940.960.940.950.930.980.910.920.78
0.880.950.690.970.750.790.040.950.81-0.310.79-0.180.740.820.63-0.150.80.920.710.660.950.90.960.760.53
-0.14-0.26-0.17-0.29-0.01-0.160.25-0.38-0.13-0.31-0.140.190.22-0.09-0.20.45-0.09-0.19-0.180.11-0.26-0.14-0.28-0.190.21
0.980.910.680.890.991.00.240.891.00.79-0.140.170.690.970.53-0.280.940.950.930.950.910.960.890.920.76
0.120.06-0.450.00.180.17-0.250.040.17-0.180.190.170.260.160.11-0.210.290.080.350.20.050.090.01-0.01-0.05
0.790.820.270.790.710.7-0.170.750.720.740.220.690.260.770.61-0.040.840.810.630.70.810.810.810.480.49
0.980.940.660.920.970.970.240.910.990.82-0.090.970.160.770.56-0.20.920.960.940.920.930.980.920.90.79
0.60.660.080.660.50.55-0.210.660.550.63-0.20.530.110.610.56-0.180.610.630.50.440.660.620.660.410.11
-0.24-0.26-0.05-0.23-0.21-0.280.26-0.31-0.22-0.150.45-0.28-0.21-0.04-0.2-0.18-0.35-0.26-0.25-0.12-0.25-0.22-0.25-0.220.2
0.950.930.50.90.930.95-0.040.910.940.8-0.090.940.290.840.920.61-0.350.950.850.890.930.950.910.770.58
0.990.990.680.980.930.950.120.970.960.92-0.190.950.080.810.960.63-0.260.950.890.870.991.00.980.870.68
0.920.860.590.840.920.920.30.850.940.71-0.180.930.350.630.940.5-0.250.850.890.860.860.90.830.910.73
0.920.810.650.780.970.940.340.770.950.660.110.950.20.70.920.44-0.120.890.870.860.810.90.790.860.83
0.971.00.641.00.880.920.050.990.930.95-0.260.910.050.810.930.66-0.250.930.990.860.810.981.00.830.62
1.00.980.680.970.950.960.150.960.980.9-0.140.960.090.810.980.62-0.220.951.00.90.90.980.970.880.72
0.961.00.641.00.860.90.020.990.910.96-0.280.890.010.810.920.66-0.250.910.980.830.791.00.970.810.61
0.90.820.860.830.910.890.540.810.920.76-0.190.92-0.010.480.90.41-0.220.770.870.910.860.830.880.810.81
0.740.620.780.620.810.730.660.570.780.530.210.76-0.050.490.790.110.20.580.680.730.830.620.720.610.81
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Manorama Industries Account Relationship Matchups

Manorama Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.5B4.0B4.2B7.4B7.7B
Short Long Term Debt Total1.2B853.5M1.1B1.1B3.5B3.6B
Other Current Liab100.7M41.5M50.6M47.4M71.1M35.6M
Total Current Liabilities1.5B1.0B946.2M960.0M3.4B3.6B
Total Stockholder Equity1.3B1.5B2.7B3.0B3.4B3.5B
Property Plant And Equipment Net513.8M566.0M969.0M1.5B1.7B1.8B
Current Deferred Revenue83.1M80.3M74.9M41.8M2.2M2.0M
Net Debt1.2B849.5M592.4M1.1B3.5B3.6B
Retained Earnings591.5M774.8M1.0B1.3B1.7B1.8B
Accounts Payable259.6M74.0M81.5M40.4M401.4M421.4M
Cash6.0M4.0M491.9M18.8M4.2M4.0M
Non Current Assets Total626.0M737.4M1.2B1.5B1.8B1.9B
Non Currrent Assets Other(615.2M)171.3M181.8M37.5M57.3M60.1M
Cash And Short Term Investments6.0M4.0M491.9M33.8M870.8M914.3M
Net Receivables162.6M223.6M250.9M294.9M446.0M468.3M
Short Term Investments190.0M170.1M40.9M14.9M1M950K
Liabilities And Stockholders Equity2.8B2.5B4.0B4.2B7.4B7.7B
Non Current Liabilities Total9.4M28.4M329.2M301.1M567.6M595.9M
Inventory1.5B1.1B1.8B1.6B3.9B4.1B
Other Current Assets65.6M341.5M241.9M267.5M378.4M397.3M
Total Liab1.5B1.0B1.3B1.3B4.0B4.2B
Total Current Assets2.1B1.8B2.8B2.7B5.6B5.8B
Short Term Debt1.2B646.0M785.9M857.7M3.0B3.1B

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Other Information on Investing in Manorama Stock

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