ShippingOf Other Current Assets vs Total Liab Analysis

SCI Stock   145.94  5.79  3.82%   
ShippingOf India financial indicator trend analysis is much more than just breaking down ShippingOf India prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ShippingOf India is a good investment. Please check the relationship between ShippingOf India Other Current Assets and its Total Liab accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Other Current Assets vs Total Liab

Other Current Assets vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ShippingOf India Other Current Assets account and Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ShippingOf India's Other Current Assets and Total Liab is -0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Shipping, assuming nothing else is changed. The correlation between historical values of ShippingOf India's Other Current Assets and Total Liab 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 Assets of Shipping are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Other Current Assets i.e., ShippingOf India's Other Current Assets and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from ShippingOf India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ShippingOf India 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shipping. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of February 28, 2025, Selling General Administrative is expected to decline to about 41.9 M. The current year's Tax Provision is expected to grow to about (287.9 M)
 2022 2023 2024 2025 (projected)
Gross Profit10.8B15.5B13.9B14.6B
Total Revenue57.9B50.3B57.9B43.7B

ShippingOf India fundamental ratios Correlations

0.830.460.560.670.890.81-0.150.180.360.95-0.040.3-0.180.430.620.48-0.15-0.130.840.320.80.64-0.140.320.89
0.830.660.360.160.910.96-0.4-0.220.540.92-0.130.36-0.470.060.860.210.00.070.98-0.130.40.86-0.470.540.9
0.460.66-0.11-0.190.540.58-0.57-0.370.60.55-0.150.52-0.47-0.210.850.05-0.47-0.010.75-0.190.060.88-0.320.690.51
0.560.36-0.110.520.590.510.20.53-0.330.54-0.33-0.370.260.32-0.120.230.16-0.380.360.140.57-0.09-0.07-0.360.6
0.670.16-0.190.520.380.20.350.55-0.120.480.13-0.030.260.65-0.090.54-0.08-0.230.160.680.88-0.050.29-0.160.4
0.890.910.540.590.380.93-0.140.00.320.98-0.260.16-0.370.170.670.110.050.020.9-0.110.570.67-0.410.250.99
0.810.960.580.510.20.93-0.34-0.180.290.91-0.310.14-0.48-0.020.740.180.040.050.93-0.150.380.75-0.460.420.9
-0.15-0.4-0.570.20.35-0.14-0.340.27-0.37-0.120.19-0.530.40.35-0.58-0.030.29-0.05-0.45-0.110.27-0.57-0.05-0.45-0.11
0.18-0.22-0.370.530.550.0-0.180.27-0.250.01-0.06-0.030.820.58-0.430.38-0.05-0.36-0.160.550.58-0.420.6-0.560.01
0.360.540.6-0.33-0.120.320.29-0.37-0.250.390.440.82-0.220.160.760.15-0.120.140.56-0.040.170.72-0.240.650.32
0.950.920.550.540.480.980.91-0.120.010.39-0.130.25-0.330.270.70.28-0.04-0.030.910.00.670.72-0.350.380.97
-0.04-0.13-0.15-0.330.13-0.26-0.310.19-0.060.44-0.130.350.210.420.00.40.090.07-0.150.230.23-0.010.080.37-0.21
0.30.360.52-0.37-0.030.160.14-0.53-0.030.820.250.35-0.120.120.620.28-0.350.040.410.190.220.610.310.560.15
-0.18-0.47-0.470.260.26-0.37-0.480.40.82-0.22-0.330.21-0.120.56-0.590.37-0.02-0.38-0.430.420.33-0.580.52-0.48-0.34
0.430.06-0.210.320.650.17-0.020.350.580.160.270.420.120.56-0.060.54-0.06-0.270.090.540.78-0.090.24-0.110.24
0.620.860.85-0.12-0.090.670.74-0.58-0.430.760.70.00.62-0.59-0.060.14-0.230.180.88-0.140.170.99-0.390.760.66
0.480.210.050.230.540.110.18-0.030.380.150.280.40.280.370.540.14-0.42-0.450.240.650.640.20.40.40.14
-0.150.0-0.470.16-0.080.050.040.29-0.05-0.12-0.040.09-0.35-0.02-0.06-0.23-0.420.53-0.14-0.37-0.14-0.31-0.4-0.350.01
-0.130.07-0.01-0.38-0.230.020.05-0.05-0.360.14-0.030.070.04-0.38-0.270.18-0.450.53-0.01-0.33-0.250.14-0.270.06-0.02
0.840.980.750.360.160.90.93-0.45-0.160.560.91-0.150.41-0.430.090.880.24-0.14-0.01-0.070.420.89-0.40.550.9
0.32-0.13-0.190.140.68-0.11-0.15-0.110.55-0.040.00.230.190.420.54-0.140.65-0.37-0.33-0.070.51-0.120.59-0.1-0.08
0.80.40.060.570.880.570.380.270.580.170.670.230.220.330.780.170.64-0.14-0.250.420.510.20.230.050.59
0.640.860.88-0.09-0.050.670.75-0.57-0.420.720.72-0.010.61-0.58-0.090.990.2-0.310.140.89-0.120.2-0.350.80.66
-0.14-0.47-0.32-0.070.29-0.41-0.46-0.050.6-0.24-0.350.080.310.520.24-0.390.4-0.4-0.27-0.40.590.23-0.35-0.24-0.42
0.320.540.69-0.36-0.160.250.42-0.45-0.560.650.380.370.56-0.48-0.110.760.4-0.350.060.55-0.10.050.8-0.240.25
0.890.90.510.60.40.990.9-0.110.010.320.97-0.210.15-0.340.240.660.140.01-0.020.9-0.080.590.66-0.420.25
Click cells to compare fundamentals

ShippingOf India Account Relationship Matchups

ShippingOf India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets134.0B142.5B109.1B121.0B139.1B132.2B
Short Long Term Debt Total36.8B32.0B26.0B29.1B33.5B43.3B
Other Current Liab5.4B3.4B4.4B2.2B2.0B1.9B
Total Current Liabilities24.3B29.2B27.9B29.2B33.5B26.7B
Total Stockholder Equity81.7B91.0B63.7B75.4B86.7B70.2B
Property Plant And Equipment Net102.1B76.8B74.4B70.5B81.0B91.4B
Net Debt34.5B30.6B22.9B20.8B23.9B30.0B
Retained Earnings14.3B(2.2B)5.1B10.9B9.8B5.4B
Accounts Payable8.3B12.4B13.9B13.4B15.4B10.0B
Cash2.2B1.4B3.2B8.4B7.6B9.7B
Non Current Assets Total111.0B89.1B82.2B84.5B97.2B98.1B
Non Currrent Assets Other70.6M70.9M1.7B7.5B8.6B9.0B
Cash And Short Term Investments2.2B9.1B13.0B8.4B7.6B10.6B
Net Receivables9.3B12.7B16.9B18.1B20.8B12.7B
Liabilities And Stockholders Equity134.0B142.5B109.1B121.0B139.1B132.2B
Non Current Liabilities Total28.1B22.4B17.5B16.4B18.9B35.3B
Inventory876.9M1.7B1.5B1.7B2.0B1.3B
Other Current Assets10.6B3.9B5.3B8.3B9.5B9.6B
Total Liab52.4B51.6B45.4B45.6B52.4B62.0B
Total Current Assets23.0B53.4B26.9B36.5B42.0B34.1B
Accumulated Other Comprehensive Income57.5B52.0B54.0B54.6B62.8B65.9B
Long Term Debt26.6B21.5B16.6B15.7B14.1B26.0B
Intangible Assets5M900K0.03.2M2.9M2.7M
Property Plant Equipment106.5B102.1B76.8B74.4B85.5B101.2B
Other Assets(100K)5.4B5.6B1.5B1.3B1.2B
Short Term Debt10.4B10.4B9.3B13.3B15.3B14.3B
Other Liab1.6B1.4B1.2B708.1M637.3M605.4M
Current Deferred Revenue5.1B6.0B3.2B285.6M328.4M312.0M
Net Tangible Assets71.8B74.8B81.7B91.0B104.6B80.2B
Short Long Term Debt4.2B10.3B9.2B13.3B12.0B18.4B
Long Term Debt Total17.0B26.9B21.7B16.8B15.1B24.2B
Cash And Equivalents2.4B2.2B1.4B3.2B2.9B2.1B
Net Invested Capital112.5B122.7B89.5B104.3B93.9B91.9B
Net Working Capital(1.3B)24.2B(1.0B)7.3B8.4B8.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in ShippingOf Stock

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