Shree Net Tangible Assets vs Non Current Assets Total Analysis

SHREEPUSHK   299.80  0.30  0.10%   
Shree Pushkar financial indicator trend analysis is much more than just breaking down Shree Pushkar Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shree Pushkar Chemicals is a good investment. Please check the relationship between Shree Pushkar Net Tangible Assets and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shree Pushkar Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Net Tangible Assets vs Non Current Assets Total

Net Tangible Assets vs Non Current Assets Total Correlation Analysis

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

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Shree Pushkar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shree Pushkar Chemicals 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 Shree Pushkar Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Shree Pushkar's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 135.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 46.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense13.7M22.1M15.6M24.2M
Depreciation And Amortization141.4M185.1M216.2M227.0M

Shree Pushkar fundamental ratios Correlations

0.47-0.490.880.991.00.430.990.97-0.220.970.090.30.740.950.850.930.40.960.90.910.950.550.850.920.98
0.470.440.790.320.420.960.380.43-0.540.37-0.09-0.130.370.370.060.650.820.440.120.780.550.990.070.410.33
-0.490.44-0.1-0.61-0.520.44-0.54-0.52-0.26-0.56-0.44-0.43-0.31-0.54-0.8-0.220.27-0.46-0.74-0.13-0.360.36-0.77-0.5-0.61
0.880.79-0.10.790.850.740.830.88-0.380.80.080.10.70.790.580.910.720.870.631.00.920.850.560.790.79
0.990.32-0.610.790.990.290.990.95-0.140.980.10.350.720.960.910.870.260.940.950.820.910.410.910.921.0
1.00.42-0.520.850.990.391.00.96-0.20.980.070.320.710.940.860.910.340.960.910.880.920.510.850.920.99
0.430.960.440.740.290.390.350.39-0.750.35-0.17-0.140.250.350.040.640.830.430.070.730.50.940.010.380.29
0.990.38-0.540.830.991.00.350.95-0.190.980.040.330.720.950.860.90.30.950.920.850.920.470.860.920.99
0.970.43-0.520.880.950.960.390.95-0.190.930.160.290.720.90.830.880.480.970.860.890.940.510.790.880.94
-0.22-0.54-0.26-0.38-0.14-0.2-0.75-0.19-0.19-0.210.310.140.01-0.22-0.01-0.39-0.58-0.250.06-0.38-0.21-0.510.11-0.29-0.13
0.970.37-0.560.80.980.980.350.980.93-0.210.030.360.620.890.870.890.30.960.910.830.840.450.850.910.98
0.09-0.09-0.440.080.10.07-0.170.040.160.310.030.050.110.140.31-0.130.070.070.20.040.15-0.050.290.020.11
0.3-0.13-0.430.10.350.32-0.140.330.290.140.360.050.050.220.470.32-0.010.370.360.150.2-0.180.340.290.39
0.740.37-0.310.70.720.710.250.720.720.010.620.110.050.760.610.650.250.630.660.70.830.450.670.820.69
0.950.37-0.540.790.960.940.350.950.9-0.220.890.140.220.760.860.840.270.850.920.810.940.460.890.890.95
0.850.06-0.80.580.910.860.040.860.83-0.010.870.310.470.610.860.70.140.820.960.610.750.140.960.850.91
0.930.65-0.220.910.870.910.640.90.88-0.390.89-0.130.320.650.840.70.580.920.740.940.90.690.660.870.87
0.40.820.270.720.260.340.830.30.48-0.580.30.07-0.010.250.270.140.580.490.080.70.490.780.010.360.26
0.960.44-0.460.870.940.960.430.950.97-0.250.960.070.370.630.850.820.920.490.820.890.880.510.750.880.93
0.90.12-0.740.630.950.910.070.920.860.060.910.20.360.660.920.960.740.080.820.660.820.230.990.840.95
0.910.78-0.131.00.820.880.730.850.89-0.380.830.040.150.70.810.610.940.70.890.660.930.830.590.820.82
0.950.55-0.360.920.910.920.50.920.94-0.210.840.150.20.830.940.750.90.490.880.820.930.640.770.860.9
0.550.990.360.850.410.510.940.470.51-0.510.45-0.05-0.180.450.460.140.690.780.510.230.830.640.170.470.42
0.850.07-0.770.560.910.850.010.860.790.110.850.290.340.670.890.960.660.010.750.990.590.770.170.820.91
0.920.41-0.50.790.920.920.380.920.88-0.290.910.020.290.820.890.850.870.360.880.840.820.860.470.820.91
0.980.33-0.610.791.00.990.290.990.94-0.130.980.110.390.690.950.910.870.260.930.950.820.90.420.910.91
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Shree Pushkar Account Relationship Matchups

Shree Pushkar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.4B4.9B6.2B6.6B7.1B4.3B
Short Long Term Debt Total521.3M579.1M944.9M671.3M1.1B633.3M
Other Current Liab29.9M43.1M48.2M58.8M93.8M52.0M
Total Current Liabilities1.1B1.2B1.9B1.8B2.0B1.2B
Total Stockholder Equity3.1B3.4B4.0B4.4B4.7B2.8B
Property Plant And Equipment Net2.1B2.5B3.0B3.1B3.4B2.0B
Net Debt512.3M552.8M814.5M634.8M1.1B544.0M
Retained Earnings2.0B2.3B2.8B3.1B3.4B1.8B
Accounts Payable532.6M496.5M853.2M957.9M739.0M481.7M
Cash9.0M26.3M130.4M36.5M4.3M4.1M
Non Current Assets Total2.8B3.3B3.3B3.2B3.6B2.2B
Other Assets78.1M78.2M161.9M16.7M19.2M18.2M
Cash And Short Term Investments9.0M26.3M840.1M949.3M1.1B1.1B
Net Receivables767.0M769.2M946.2M1.3B1.6B829.6M
Common Stock Shares Outstanding30.8M30.8M31.4M31.6M31.7M30.8M
Liabilities And Stockholders Equity4.4B4.9B6.2B6.6B7.1B4.3B
Non Current Liabilities Total228.8M316.6M377.7M378.5M404.6M246.1M
Inventory620.7M553.4M916.6M827.0M628.9M663.3M
Other Current Assets151.4M219.0M267.8M282.8M210.9M141.3M
Other Stockholder Equity564.6M666.4M688.7M830.8M955.4M584.6M
Total Liab1.3B1.5B2.3B2.2B2.4B1.5B
Total Current Assets1.6B1.6B3.0B3.3B3.5B2.0B
Accumulated Other Comprehensive Income(609.2M)94.0M159.4M121.9M159.8M167.7M
Short Term Debt482.7M490.3M850.4M679.1M1.1B566.9M
Other Liab206.3M193.4M227.9M283.1M325.6M341.9M
Net Tangible Assets2.8B3.0B3.3B3.9B4.5B2.5B
Long Term Debt38.5M84.1M76.7M18.6M2.9M2.8M
Short Long Term Debt475.3M453.8M806.0M632.7M1.1B1.1B
Property Plant Equipment2.1B2.5B3.0B3.1B3.5B1.9B
Current Deferred Revenue(492.8M)163.0M202.1M46.4M22.3M21.0M
Short Term Investments2.8M36.7M709.6M912.8M1.1B1.1B
Long Term Debt Total38.6M88.8M94.6M20.1M23.2M22.0M
Intangible Assets82K92K102K162K186.3K118.8K
Net Invested Capital3.6B3.9B4.8B5.0B5.8B4.6B
Net Working Capital467.7M417.4M1.1B1.5B1.6B1.1B

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