Nestle Common Stock vs Non Currrent Assets Other Analysis

NESTLEIND   2,236  35.75  1.57%   
Nestle India financial indicator trend analysis is infinitely more than just investigating Nestle India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nestle India Limited is a good investment. Please check the relationship between Nestle India Common Stock and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nestle India 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 bureau of economic analysis.

Common Stock vs Non Currrent Assets Other

Common Stock vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nestle India Limited Common Stock account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nestle India's Common Stock and Non Currrent Assets Other is 0.47. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Nestle India Limited, assuming nothing else is changed. The correlation between historical values of Nestle India's Common Stock 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 Common Stock of Nestle India 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 Common Stock i.e., Nestle India's Common Stock and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

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 Nestle India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nestle India Limited 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 Nestle India 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 bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 432.2 M. The current Tax Provision is estimated to decrease to about 7.7 B
 2021 2022 2023 2024 (projected)
Interest Expense2.0B1.5B23.5M22.3M
Depreciation And Amortization3.9B4.0B3.4B2.7B

Nestle India fundamental ratios Correlations

-0.15-0.050.610.740.58-0.40.660.420.660.180.460.9-0.120.90.70.12-0.250.940.820.35-0.74-0.35-0.060.510.24
-0.150.13-0.08-0.290.120.66-0.1-0.40.070.15-0.38-0.370.04-0.01-0.150.190.01-0.04-0.39-0.04-0.21-0.12-0.110.14-0.09
-0.050.130.5-0.230.030.360.2-0.360.260.86-0.330.02-0.4-0.260.290.32-0.010.05-0.190.40.1-0.22-0.150.06-0.01
0.61-0.080.50.20.710.060.88-0.060.890.64-0.010.65-0.750.50.960.54-0.540.70.380.76-0.27-0.51-0.30.53-0.04
0.74-0.29-0.230.20.47-0.660.210.690.38-0.040.650.58-0.040.510.280.020.320.460.730.2-0.67-0.230.16-0.020.66
0.580.120.030.710.470.090.62-0.010.920.32-0.020.41-0.730.480.760.74-0.230.520.260.73-0.45-0.4-0.040.360.28
-0.40.660.360.06-0.660.09-0.06-0.950.130.37-0.93-0.48-0.17-0.3-0.020.53-0.2-0.18-0.80.180.250.02-0.10.23-0.23
0.66-0.10.20.880.210.62-0.060.070.790.360.130.72-0.590.650.920.25-0.770.760.490.6-0.27-0.71-0.570.59-0.11
0.42-0.4-0.36-0.060.69-0.01-0.950.07-0.08-0.360.980.440.140.360.01-0.520.250.20.82-0.19-0.38-0.10.06-0.220.24
0.660.070.260.890.380.920.130.79-0.080.51-0.060.56-0.730.560.910.69-0.380.670.310.73-0.44-0.48-0.180.520.12
0.180.150.860.64-0.040.320.370.36-0.360.51-0.340.08-0.46-0.020.520.54-0.090.26-0.090.47-0.09-0.32-0.090.220.03
0.46-0.38-0.33-0.010.65-0.02-0.930.130.98-0.06-0.340.50.160.430.06-0.540.170.270.87-0.21-0.42-0.10.07-0.110.15
0.9-0.370.020.650.580.41-0.480.720.440.560.080.5-0.180.820.71-0.04-0.40.890.830.39-0.51-0.34-0.190.470.08
-0.120.04-0.4-0.75-0.04-0.73-0.17-0.590.14-0.73-0.460.16-0.180.01-0.67-0.670.32-0.140.01-0.85-0.120.450.27-0.13-0.12
0.9-0.01-0.260.50.510.48-0.30.650.360.56-0.020.430.820.010.650.0-0.450.930.760.14-0.68-0.26-0.090.65-0.1
0.7-0.150.290.960.280.76-0.020.920.010.910.520.060.71-0.670.650.51-0.60.790.470.67-0.34-0.49-0.260.6-0.08
0.120.190.320.540.020.740.530.25-0.520.690.54-0.54-0.04-0.670.00.51-0.070.15-0.290.68-0.01-0.040.210.330.21
-0.250.01-0.01-0.540.32-0.23-0.2-0.770.25-0.38-0.090.17-0.40.32-0.45-0.6-0.07-0.51-0.14-0.33-0.170.50.63-0.630.45
0.94-0.040.050.70.460.52-0.180.760.20.670.260.270.89-0.140.930.790.15-0.510.70.36-0.63-0.35-0.160.68-0.03
0.82-0.39-0.190.380.730.26-0.80.490.820.31-0.090.870.830.010.760.47-0.29-0.140.70.09-0.58-0.27-0.030.240.14
0.35-0.040.40.760.20.730.180.6-0.190.730.47-0.210.39-0.850.140.670.68-0.330.360.090.0-0.47-0.280.20.38
-0.74-0.210.1-0.27-0.67-0.450.25-0.27-0.38-0.44-0.09-0.42-0.51-0.12-0.68-0.34-0.01-0.17-0.63-0.580.00.11-0.17-0.16-0.16
-0.35-0.12-0.22-0.51-0.23-0.40.02-0.71-0.1-0.48-0.32-0.1-0.340.45-0.26-0.49-0.040.5-0.35-0.27-0.470.110.81-0.19-0.26
-0.06-0.11-0.15-0.30.16-0.04-0.1-0.570.06-0.18-0.090.07-0.190.27-0.09-0.260.210.63-0.16-0.03-0.28-0.170.81-0.040.02
0.510.140.060.53-0.020.360.230.59-0.220.520.22-0.110.47-0.130.650.60.33-0.630.680.240.2-0.16-0.19-0.04-0.27
0.24-0.09-0.01-0.040.660.28-0.23-0.110.240.120.030.150.08-0.12-0.1-0.080.210.45-0.030.140.38-0.16-0.260.02-0.27
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Nestle India Account Relationship Matchups

Nestle India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.6B79.0B82.1B89.8B105.2B57.1B
Short Long Term Debt Total1.4B1.5B2.7B2.7B2.9B2.7B
Other Current Liab418.3M5.1B3.9B14.0B16.4B17.2B
Total Current Liabilities21.5B24.9B26.0B30.8B39.6B41.5B
Total Stockholder Equity19.3B20.2B20.8B24.6B33.4B20.0B
Property Plant And Equipment Net23.7B28.2B32.4B34.0B53.6B56.3B
Net Debt(22.5B)(16.1B)(4.5B)(6.6B)(4.7B)(5.0B)
Accounts Payable14.9B15.2B17.3B19.3B22.0B23.1B
Cash23.0B17.5B7.2B9.3B7.6B11.1B
Non Current Assets Total32.4B37.1B54.7B54.9B70.3B73.8B
Non Currrent Assets Other1.3B554.6M1.0B17.5B12.4B13.0B
Cash And Short Term Investments23.0B24.8B8.2B12.2B8.0B12.0B
Net Receivables2.0B2.5B2.5B2.0B3.0B1.5B
Liabilities And Stockholders Equity70.6B79.0B82.1B89.8B105.2B57.1B
Non Current Liabilities Total29.8B33.9B35.2B34.4B32.3B18.4B
Inventory12.8B14.2B15.8B19.3B20.9B21.9B
Other Current Assets220.9M794.4M1.5B1.9B3.1B3.2B
Other Stockholder Equity15.6B18.9B1.0250.8M2.5B2.4B
Total Liab51.3B58.8B61.3B65.2B71.8B37.1B
Total Current Assets38.2B41.9B27.4B34.9B34.9B24.1B
Accumulated Other Comprehensive Income8.1B8.1B7.8B8.5B108.5M113.9M
Current Deferred Revenue6.1B8.8B7.7B1.1B158M150.1M
Short Term Investments12.3M7.2B1.0B2.9B399.8M379.8M
Retained Earnings10.3B11.2B11.8B15.1B32.3B16.2B
Other Liab29.2B32.9B33.0B32.2B37.1B27.1B
Net Tangible Assets19.2B20.2B20.8B24.6B22.1B21.5B
Other Assets1.3B1.6B15.2B14.7B16.9B17.8B
Long Term Debt531.4M317.2M274.7M266.6M239.9M227.9M
Property Plant Equipment24.8B28.2B32.4B34.0B30.6B24.2B
Long Term Debt Total1.4B974.8M2.2B2.2B2.5B2.6B
Net Invested Capital19.9B20.5B21.2B24.9B22.4B21.1B
Non Current Liabilities Other4.3M220.9M199.7M173.5M199.5M111.7M
Net Working Capital16.7B16.9B1.4B4.1B3.7B3.5B

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Other Information on Investing in Nestle Stock

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