MAPMYINDIA Total Assets vs Net Tangible Assets Analysis

MAPMYINDIA   1,752  4.10  0.23%   
CE Info financial indicator trend analysis is way more than just evaluating CE Info Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CE Info Systems is a good investment. Please check the relationship between CE Info Total Assets and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CE Info Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Assets vs Net Tangible Assets

Total Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CE Info Systems Total Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CE Info's Total Assets and Net Tangible Assets is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of CE Info Systems, assuming nothing else is changed. The correlation between historical values of CE Info's Total Assets and Net Tangible 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 Total Assets of CE Info Systems are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., CE Info's Total Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of CE Info assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CE Info Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from CE Info's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CE Info Systems 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 CE Info Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of the 1st of December 2024, Selling General Administrative is likely to drop to about 117.9 M. In addition to that, Tax Provision is likely to drop to about 259 M
 2021 2022 2023 2024 (projected)
Interest Expense20.1M27.9M29.3M20.4M
Depreciation And Amortization81.2M97.7M148.1M105.1M

CE Info fundamental ratios Correlations

0.780.030.961.00.410.36-0.831.00.80.980.95-0.780.870.150.760.80.53-0.770.630.980.950.85-0.90.990.98
0.78-0.290.70.780.710.2-0.430.780.570.780.85-0.890.59-0.160.440.780.19-0.630.150.750.630.81-0.660.730.7
0.03-0.290.270.01-0.18-0.24-0.150.010.27-0.03-0.060.270.09-0.260.15-0.390.250.450.160.140.130.270.10.08-0.01
0.960.70.270.940.390.16-0.830.950.780.950.86-0.690.910.070.830.680.65-0.620.630.990.960.9-0.820.970.93
1.00.780.010.940.390.4-0.831.00.80.970.96-0.770.860.170.740.80.51-0.770.630.970.940.84-0.90.990.98
0.410.71-0.180.390.39-0.04-0.070.390.230.350.52-0.860.26-0.560.190.680.01-0.41-0.10.470.250.64-0.340.360.31
0.360.2-0.240.160.4-0.04-0.370.390.520.260.5-0.260.020.28-0.120.3-0.12-0.350.50.20.190.14-0.550.340.4
-0.83-0.43-0.15-0.83-0.83-0.07-0.37-0.82-0.84-0.85-0.660.43-0.89-0.55-0.85-0.57-0.730.66-0.89-0.82-0.91-0.560.88-0.83-0.85
1.00.780.010.951.00.390.39-0.820.790.980.95-0.770.860.170.740.80.51-0.770.620.970.940.84-0.890.990.98
0.80.570.270.780.80.230.52-0.840.790.740.76-0.50.670.260.580.480.38-0.480.660.760.750.7-0.790.760.73
0.980.78-0.030.950.970.350.26-0.850.980.740.89-0.720.930.250.830.780.63-0.770.640.960.970.8-0.890.970.97
0.950.85-0.060.860.960.520.5-0.660.950.760.89-0.850.68-0.040.530.810.31-0.710.490.90.80.87-0.850.920.91
-0.78-0.890.27-0.69-0.77-0.86-0.260.43-0.77-0.5-0.72-0.85-0.580.24-0.46-0.93-0.180.75-0.23-0.78-0.62-0.790.69-0.73-0.71
0.870.590.090.910.860.260.02-0.890.860.670.930.68-0.580.380.980.70.74-0.740.650.910.980.66-0.780.870.87
0.15-0.16-0.260.070.17-0.560.28-0.550.170.260.25-0.040.240.380.430.080.31-0.40.530.080.33-0.33-0.310.140.23
0.760.440.150.830.740.19-0.12-0.850.740.580.830.53-0.460.980.430.610.76-0.680.610.830.920.55-0.670.760.76
0.80.78-0.390.680.80.680.3-0.570.80.480.780.81-0.930.70.080.610.25-0.940.360.790.720.62-0.730.760.78
0.530.190.250.650.510.01-0.12-0.730.510.380.630.31-0.180.740.310.760.25-0.270.770.60.70.43-0.640.620.62
-0.77-0.630.45-0.62-0.77-0.41-0.350.66-0.77-0.48-0.77-0.710.75-0.74-0.4-0.68-0.94-0.27-0.45-0.72-0.74-0.430.72-0.71-0.76
0.630.150.160.630.63-0.10.5-0.890.620.660.640.49-0.230.650.530.610.360.77-0.450.60.710.36-0.840.690.73
0.980.750.140.990.970.470.2-0.820.970.760.960.9-0.780.910.080.830.790.6-0.720.60.960.89-0.850.970.95
0.950.630.130.960.940.250.19-0.910.940.750.970.8-0.620.980.330.920.720.7-0.740.710.960.74-0.850.950.95
0.850.810.270.90.840.640.14-0.560.840.70.80.87-0.790.66-0.330.550.620.43-0.430.360.890.74-0.690.850.78
-0.9-0.660.1-0.82-0.9-0.34-0.550.88-0.89-0.79-0.89-0.850.69-0.78-0.31-0.67-0.73-0.640.72-0.84-0.85-0.85-0.69-0.91-0.93
0.990.730.080.970.990.360.34-0.830.990.760.970.92-0.730.870.140.760.760.62-0.710.690.970.950.85-0.910.99
0.980.7-0.010.930.980.310.4-0.850.980.730.970.91-0.710.870.230.760.780.62-0.760.730.950.950.78-0.930.99
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CE Info Account Relationship Matchups

CE Info fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.3B5.2B6.7B7.9B5.3B
Short Long Term Debt Total234.5M201.9M190.9M293.9M257.3M225.0M
Other Current Liab322.3M154.5M89.6M265.2M358.7M249.9M
Total Current Liabilities548.5M495.6M534.4M1.1B1.2B712.7M
Total Stockholder Equity3.0B3.6B4.5B5.4B6.6B4.4B
Property Plant And Equipment Net277.8M223.3M192.4M207.1M140M205.1M
Current Deferred Revenue(32.5M)(53.8M)412.0M(205.4M)314M329.7M
Net Debt117.1M(83.1M)(214.7M)(467M)(477.4M)(453.5M)
Retained Earnings1.4B2.0B2.7B3.7B4.8B2.6B
Accounts Payable59.8M44.5M60.9M130.9M250.6M263.1M
Cash117.4M285M405.7M760.9M734.7M409.4M
Non Current Assets Total1.9B1.6B2.5B2.3B3.6B2.2B
Non Currrent Assets Other227.8M211.5M190.1M274.9M425.4M457.8M
Cash And Short Term Investments1.2B2.2B1.8B3.5B2.8B2.3B
Short Term Investments1.1B1.9B1.4B2.7B2.1B1.8B
Liabilities And Stockholders Equity3.6B4.3B5.2B6.7B7.9B5.3B
Non Current Liabilities Total59.8M186.1M173.0M148.9M129.1M112.5M
Inventory44M27.6M79.7M159.7M83.4M78.2M
Other Current Assets459.6M14.2M66.5M127.5M129.7M175.0M
Other Stockholder Equity(1.2B)(1.2B)1.6B1.7B1.7B1.8B
Total Liab608.3M681.7M707.4M1.3B1.3B825.3M
Total Current Assets1.7B2.6B2.7B4.4B4.3B3.1B
Short Term Debt198.9M39.9M61.5M205.4M235M120.8M
Other Liab24.8M25.1M43.6M60.4M69.5M37.5M
Net Tangible Assets1.6B2.3B4.3B5.1B5.9B3.3B
Other Assets100K181.1M(1K)401.6M461.8M484.9M
Net Receivables434.1M432.9M705.8M828.5M1.3B729.9M
Net Invested Capital3.0B3.6B4.5B5.6B6.8B4.8B
Short Long Term Debt2.9M3.2M21.5M159.7M184M193.2M
Accumulated Other Comprehensive Income185.0M190.6M194.3M220.3M202M211.1M
Net Working Capital1.1B2.1B2.2B3.3B3.1B2.4B
Intangible Assets41.6M27.6M122.1M233.8M351.3M368.9M
Property Plant Equipment277.5M224.5M192.3M146.5M131.9M180.3M

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Other Information on Investing in MAPMYINDIA Stock

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