Shankara Cash And Short Term Investments vs Other Stockholder Equity Analysis

SHANKARA   683.95  22.15  3.35%   
Shankara Building financial indicator trend analysis is much more than just breaking down Shankara Building prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shankara Building is a good investment. Please check the relationship between Shankara Building Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shankara Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shankara Building Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shankara Building's Cash And Short Term Investments and Other Stockholder Equity is 0.46. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Shankara Building Products, assuming nothing else is changed. The correlation between historical values of Shankara Building's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Shankara Building Products are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Shankara Building's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Shankara Building balance sheet. This account contains Shankara Building investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shankara Building Products fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

Most indicators from Shankara Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shankara Building 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 Shankara Building Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
As of 12/12/2024, Issuance Of Capital Stock is likely to grow to about 826.9 M, while Selling General Administrative is likely to drop slightly above 37 M.
 2021 2022 2023 2024 (projected)
Interest Expense241.3M242.5M323.4M295.9M
Depreciation And Amortization172.2M163.1M159.1M144.0M

Shankara Building fundamental ratios Correlations

-0.62-0.130.890.960.91-0.58-0.620.940.870.320.890.30.410.930.680.340.980.390.940.930.99-0.570.860.720.06
-0.620.07-0.3-0.76-0.460.510.93-0.76-0.61-0.2-0.44-0.14-0.29-0.65-0.55-0.5-0.58-0.1-0.69-0.35-0.650.95-0.53-0.290.27
-0.130.07-0.17-0.07-0.18-0.01-0.02-0.11-0.120.48-0.140.070.43-0.14-0.26-0.19-0.2-0.13-0.11-0.19-0.120.120.010.11-0.11
0.89-0.3-0.170.720.82-0.37-0.350.70.780.30.820.410.390.850.54-0.070.870.290.831.00.88-0.230.740.660.33
0.96-0.76-0.070.720.86-0.65-0.731.00.820.30.830.20.390.890.680.540.940.40.910.780.95-0.730.830.68-0.13
0.91-0.46-0.180.820.86-0.48-0.50.860.730.380.960.170.450.740.60.410.930.370.830.860.86-0.440.870.850.19
-0.580.51-0.01-0.37-0.65-0.480.58-0.65-0.72-0.42-0.49-0.25-0.47-0.5-0.62-0.55-0.58-0.41-0.43-0.42-0.590.57-0.55-0.210.1
-0.620.93-0.02-0.35-0.73-0.50.58-0.71-0.73-0.46-0.47-0.15-0.55-0.62-0.71-0.44-0.56-0.09-0.68-0.39-0.630.95-0.68-0.350.21
0.94-0.76-0.110.71.00.86-0.65-0.710.80.260.840.180.350.860.680.590.950.430.880.760.94-0.730.820.68-0.13
0.87-0.61-0.120.780.820.73-0.72-0.730.80.370.720.320.480.840.880.270.840.320.770.810.87-0.660.870.540.0
0.32-0.20.480.30.30.38-0.42-0.460.260.370.330.120.990.250.230.020.22-0.030.360.30.31-0.210.490.310.14
0.89-0.44-0.140.820.830.96-0.49-0.470.840.720.330.410.390.680.610.360.930.480.780.860.83-0.410.850.840.35
0.3-0.140.070.410.20.17-0.25-0.150.180.320.120.410.130.180.22-0.30.290.290.240.380.25-0.020.220.10.74
0.41-0.290.430.390.390.45-0.47-0.550.350.480.990.390.130.360.330.030.31-0.050.460.390.41-0.310.570.350.11
0.93-0.65-0.140.850.890.74-0.5-0.620.860.840.250.680.180.360.620.210.880.220.930.870.97-0.580.730.53-0.14
0.68-0.55-0.260.540.680.6-0.62-0.710.680.880.230.610.220.330.620.420.690.360.610.580.67-0.70.840.47-0.09
0.34-0.5-0.19-0.070.540.41-0.55-0.440.590.270.020.36-0.30.030.210.420.410.440.240.030.32-0.620.360.26-0.47
0.98-0.58-0.20.870.940.93-0.58-0.560.950.840.220.930.290.310.880.690.410.480.880.910.96-0.540.850.750.09
0.39-0.1-0.130.290.40.37-0.41-0.090.430.32-0.030.480.29-0.050.220.360.440.480.170.340.35-0.160.330.290.09
0.94-0.69-0.110.830.910.83-0.43-0.680.880.770.360.780.240.460.930.610.240.880.170.850.94-0.610.810.660.01
0.93-0.35-0.191.00.780.86-0.42-0.390.760.810.30.860.380.390.870.580.030.910.340.850.91-0.290.780.690.29
0.99-0.65-0.120.880.950.86-0.59-0.630.940.870.310.830.250.410.970.670.320.960.350.940.91-0.590.830.66-0.03
-0.570.950.12-0.23-0.73-0.440.570.95-0.73-0.66-0.21-0.41-0.02-0.31-0.58-0.7-0.62-0.54-0.16-0.61-0.29-0.59-0.59-0.290.37
0.86-0.530.010.740.830.87-0.55-0.680.820.870.490.850.220.570.730.840.360.850.330.810.780.83-0.590.80.04
0.72-0.290.110.660.680.85-0.21-0.350.680.540.310.840.10.350.530.470.260.750.290.660.690.66-0.290.80.16
0.060.27-0.110.33-0.130.190.10.21-0.130.00.140.350.740.11-0.14-0.09-0.470.090.090.010.29-0.030.370.040.16
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Shankara Building Account Relationship Matchups

Shankara Building fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7B9.3B10.4B12.9B15.9B10.6B
Short Long Term Debt Total2.8B1.7B1.3B878.4M866.5M1.7B
Other Current Liab143.0M195.8M158.3M164M266.8M158.8M
Total Current Liabilities6.2B3.4B4.3B6.1B7.6B5.7B
Total Stockholder Equity5.1B5.2B5.6B6.4B8.0B4.6B
Property Plant And Equipment Net2.6B2.4B2.4B2.6B2.7B2.4B
Current Deferred Revenue198.8M121.1M134.7M180.7M105.3M100.0M
Net Debt2.6B1.6B1.3B819.7M583M553.9M
Retained Earnings3.7B3.9B4.2B4.8B5.6B3.2B
Accounts Payable3.6B2.1B3.2B5.2B6.5B6.8B
Cash135.0M109.0M24.8M58.7M283.5M297.7M
Non Current Assets Total3.0B2.7B2.7B3.0B3.1B2.8B
Non Currrent Assets Other(26.0M)(26.8M)21.4M31.1M223.7M123.6M
Cash And Short Term Investments135.0M109.0M24.8M132.9M344M361.2M
Net Receivables4.3B3.0B3.5B5.1B6.9B3.9B
Liabilities And Stockholders Equity11.7B9.3B10.4B12.9B15.9B10.6B
Non Current Liabilities Total435.7M604.1M525M403.5M248M318.6M
Inventory4.0B3.2B3.7B4.3B4.8B3.5B
Other Current Assets4.6B22.8M3.9B498.1M682.5M1.2B
Total Liab6.7B4.0B4.8B6.5B7.9B6.0B
Total Current Assets8.8B6.5B7.7B9.9B12.7B7.8B
Accumulated Other Comprehensive Income(656.8M)17.3M16.7M278.8M19.4M20.4M
Short Term Debt2.4B1.1B873.6M564M706.6M671.3M
Other Liab210.2M72.2M59.7M69.5M62.6M94.2M
Net Tangible Assets4.6B4.9B5.1B5.4B6.2B4.3B
Other Assets255.5M241.1M(1M)2M1.8M1.7M
Long Term Debt9.2M378.3M355.5M268.5M144M142.1M
Short Long Term Debt2.4B1.1B860.4M557.5M690.1M1.1B
Property Plant Equipment2.3B2.6B2.4B2.4B2.7B2.5B
Long Term Debt Total24.4M363.5M544.4M455.5M523.8M550.0M
Intangible Assets28.6M140.4M140.4M13.3M28.9M27.5M
Net Invested Capital7.5B6.7B6.8B7.3B8.8B8.0B
Net Working Capital2.5B3.1B3.3B3.8B5.1B3.3B

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