Shriram Retained Earnings vs Net Debt Analysis

SHRIRAMFIN

3,046 98.55 3.34%

Shriram Finance financial indicator trend analysis is much more than just breaking down Shriram Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shriram Finance is a good investment. Please check the relationship between Shriram Finance Retained Earnings and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shriram Finance 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 metropolitan statistical area.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shriram Finance Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shriram Finance's Retained Earnings and Net Debt is 0.97. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Shriram Finance Limited, assuming nothing else is changed. The correlation between historical values of Shriram Finance's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shriram Finance Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Shriram Finance's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Shriram Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shriram Finance 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 Shriram Finance 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 metropolitan statistical area.

As of the 27th of November 2024, Selling General Administrative is likely to drop to about 1.7 B. In addition to that, Tax Provision is likely to drop to about 13.1 B

	2021	2022	2023	2024 (projected)
Gross Profit	73.5B	136.0B	117.5B	123.4B
Total Revenue	92.9B	168.6B	161.1B	169.2B

Gross Profit Total Revenue

Shriram Finance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Inventory	Short Term Investments	Current Deferred Revenue	Short Term Debt	Retained Earnings
Total Assets		0.99	0.96	-0.67	0.08	0.73	0.91	1.0	0.77	0.99	0.0	-0.41	0.99	-0.44	0.43	0.77	0.55	-0.55	0.81	-0.35	0.16	0.93	-0.2	-0.74	0.89	0.98
Total Stockholder Equity	0.99		0.97	-0.66	0.05	0.72	0.93	0.99	0.76	0.98	0.03	-0.39	0.97	-0.42	0.45	0.78	0.58	-0.49	0.79	-0.28	0.21	0.93	-0.14	-0.74	0.9	0.98
Property Plant And Equipment Net	0.96	0.97		-0.68	-0.01	0.64	0.92	0.96	0.69	0.95	0.02	-0.42	0.95	-0.42	0.42	0.8	0.55	-0.48	0.77	-0.34	0.19	0.92	-0.06	-0.76	0.89	0.97
Non Currrent Assets Other	-0.67	-0.66	-0.68		0.28	-0.32	-0.7	-0.67	-0.36	-0.68	0.57	0.73	-0.68	0.19	-0.11	-0.69	-0.14	0.4	-0.4	0.48	0.31	-0.61	0.02	0.73	-0.77	-0.65
Other Assets	0.08	0.05	-0.01	0.28		0.34	-0.28	0.09	0.33	0.13	-0.14	-0.24	0.13	-0.2	0.45	-0.57	0.19	-0.36	0.25	-0.37	-0.11	0.17	-0.4	0.58	-0.37	0.05
Common Stock Shares Outstanding	0.73	0.72	0.64	-0.32	0.34		0.58	0.73	0.99	0.72	-0.04	-0.09	0.7	-0.05	0.58	0.38	0.68	-0.64	0.57	-0.35	0.3	0.63	-0.6	-0.37	0.51	0.64
Other Stockholder Equity	0.91	0.93	0.92	-0.7	-0.28	0.58		0.9	0.63	0.87	0.09	-0.24	0.86	-0.32	0.26	0.92	0.48	-0.29	0.67	-0.09	0.26	0.8	0.01	-0.87	0.96	0.9
Total Liab	1.0	0.99	0.96	-0.67	0.09	0.73	0.9		0.76	1.0	-0.01	-0.42	0.99	-0.44	0.43	0.76	0.55	-0.56	0.81	-0.37	0.14	0.93	-0.22	-0.73	0.89	0.98
Common Stock	0.77	0.76	0.69	-0.36	0.33	0.99	0.63	0.76		0.75	-0.03	-0.14	0.74	-0.11	0.62	0.42	0.73	-0.6	0.61	-0.3	0.34	0.7	-0.49	-0.39	0.55	0.69
Short Long Term Debt Total	0.99	0.98	0.95	-0.68	0.13	0.72	0.87	1.0	0.75		-0.06	-0.48	1.0	-0.46	0.43	0.73	0.52	-0.6	0.81	-0.43	0.08	0.93	-0.24	-0.72	0.87	0.98
Other Current Liab	0.0	0.03	0.02	0.57	-0.14	-0.04	0.09	-0.01	-0.03	-0.06		0.67	-0.07	-0.32	0.0	0.14	0.23	0.43	0.13	0.58	0.67	-0.01	0.27	-0.03	0.03	0.06
Total Current Liabilities	-0.41	-0.39	-0.42	0.73	-0.24	-0.09	-0.24	-0.42	-0.14	-0.48	0.67		-0.49	0.41	-0.14	-0.14	0.04	0.38	-0.36	0.63	0.58	-0.48	-0.06	0.22	-0.31	-0.45
Net Debt	0.99	0.97	0.95	-0.68	0.13	0.7	0.86	0.99	0.74	1.0	-0.07	-0.49		-0.47	0.37	0.73	0.47	-0.6	0.82	-0.44	0.03	0.91	-0.24	-0.72	0.87	0.97
Accounts Payable	-0.44	-0.42	-0.42	0.19	-0.2	-0.05	-0.32	-0.44	-0.11	-0.46	-0.32	0.41	-0.47		-0.12	-0.24	-0.13	-0.13	-0.55	0.15	0.02	-0.5	-0.31	0.18	-0.32	-0.53
Cash	0.43	0.45	0.42	-0.11	0.45	0.58	0.26	0.43	0.62	0.43	0.0	-0.14	0.37	-0.12		0.06	0.92	-0.4	0.26	-0.11	0.59	0.65	-0.26	0.05	0.18	0.42
Non Current Assets Total	0.77	0.78	0.8	-0.69	-0.57	0.38	0.92	0.76	0.42	0.73	0.14	-0.14	0.73	-0.24	0.06		0.33	-0.21	0.52	-0.03	0.22	0.65	0.09	-0.97	0.97	0.78
Cash And Short Term Investments	0.55	0.58	0.55	-0.14	0.19	0.68	0.48	0.55	0.73	0.52	0.23	0.04	0.47	-0.13	0.92	0.33		-0.34	0.35	0.05	0.77	0.7	-0.17	-0.22	0.39	0.54
Net Receivables	-0.55	-0.49	-0.48	0.4	-0.36	-0.64	-0.29	-0.56	-0.6	-0.6	0.43	0.38	-0.6	-0.13	-0.4	-0.21	-0.34		-0.34	0.65	0.18	-0.51	0.67	0.3	-0.35	-0.47
Non Current Liabilities Total	0.81	0.79	0.77	-0.4	0.25	0.57	0.67	0.81	0.61	0.81	0.13	-0.36	0.82	-0.55	0.26	0.52	0.35	-0.34		-0.26	0.07	0.71	-0.15	-0.5	0.66	0.79
Other Current Assets	-0.35	-0.28	-0.34	0.48	-0.37	-0.35	-0.09	-0.37	-0.3	-0.43	0.58	0.63	-0.44	0.15	-0.11	-0.03	0.05	0.65	-0.26		0.56	-0.31	0.56	0.15	-0.18	-0.31
Total Current Assets	0.16	0.21	0.19	0.31	-0.11	0.3	0.26	0.14	0.34	0.08	0.67	0.58	0.03	0.02	0.59	0.22	0.77	0.18	0.07	0.56		0.27	0.1	-0.05	0.15	0.17
Inventory	0.93	0.93	0.92	-0.61	0.17	0.63	0.8	0.93	0.7	0.93	-0.01	-0.48	0.91	-0.5	0.65	0.65	0.7	-0.51	0.71	-0.31	0.27		-0.07	-0.58	0.78	0.95
Short Term Investments	-0.2	-0.14	-0.06	0.02	-0.4	-0.6	0.01	-0.22	-0.49	-0.24	0.27	-0.06	-0.24	-0.31	-0.26	0.09	-0.17	0.67	-0.15	0.56	0.1	-0.07		-0.02	-0.02	-0.06
Current Deferred Revenue	-0.74	-0.74	-0.76	0.73	0.58	-0.37	-0.87	-0.73	-0.39	-0.72	-0.03	0.22	-0.72	0.18	0.05	-0.97	-0.22	0.3	-0.5	0.15	-0.05	-0.58	-0.02		-0.95	-0.73
Short Term Debt	0.89	0.9	0.89	-0.77	-0.37	0.51	0.96	0.89	0.55	0.87	0.03	-0.31	0.87	-0.32	0.18	0.97	0.39	-0.35	0.66	-0.18	0.15	0.78	-0.02	-0.95		0.89
Retained Earnings	0.98	0.98	0.97	-0.65	0.05	0.64	0.9	0.98	0.69	0.98	0.06	-0.45	0.97	-0.53	0.42	0.78	0.54	-0.47	0.79	-0.31	0.17	0.95	-0.06	-0.73	0.89

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Shriram Finance Account Relationship Matchups

Shriram Finance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1T	1.3T	1.4T	2.1T	2.5T	2.6T
Total Stockholder Equity	181.4B	217.2B	260.9B	435.1B	489.5B	513.9B
Property Plant And Equipment Net	4.8B	4.3B	4.1B	7.5B	9.4B	9.9B
Non Currrent Assets Other	(4.9B)	(6.6B)	(9.3B)	(23.2B)	(138.1B)	(131.2B)
Other Assets	1.1T	1.1T	1.2T	1.9T	(155.2B)	(147.5B)
Common Stock Shares Outstanding	239.0M	246.3M	266.2M	376.1M	376.4M	245.2M
Liabilities And Stockholders Equity	1.1T	1.3T	1.4T	2.1T	2.5T	2.6T
Total Liab	961.2B	1.1T	1.2T	1.7T	2.0T	2.1T
Common Stock	2.3B	2.5B	2.7B	3.7B	3.8B	2.5B
Short Long Term Debt Total	829.8B	903.7B	929.2B	1.3T	1.5T	1.6T
Other Current Liab	(1.4B)	(2.6B)	(2.0B)	(5.1B)	3.6B	5.0B
Total Current Liabilities	1.4B	2.6B	1.7B	3.1B	8.7B	8.2B
Net Debt	793.7B	789.2B	816.3B	1.2T	1.4T	1.5T
Accounts Payable	1.4B	1.6B	1.7B	3.5B	2.7B	2.6B
Cash	35.0B	114.5B	112.9B	104.9B	62.6B	55.6B
Non Current Assets Total	4.9B	39.5B	75.9B	118.8B	2.5T	2.6T
Cash And Short Term Investments	30.9B	114.5B	112.9B	104.9B	111.7B	70.6B
Net Receivables	267.1M	2.2B	2.1B	4.6B	3.9B	3.7B
Non Current Liabilities Total	582.6B	903.7B	1.7B	1.3T	988.8B	1.0T
Other Current Assets	(73.3B)	88M	123.7M	363M	460M	437M
Total Current Assets	30.9B	116.7B	115.0B	109.5B	116.1B	93.6B
Inventory	73.0B	165.0B	165.5B	167.5B	192.7B	202.3B
Short Term Investments	(4.1B)	28.5B	37.7B	9.8B	49.1B	26.2B
Current Deferred Revenue	(241.1B)	138.1M	232.6M	373.6M	(1.5T)	(1.4T)
Short Term Debt	242.6B	329.0B	321.6B	525.4B	1.5T	1.6T
Retained Earnings	93.9B	105.3B	123.6B	157.0B	192.8B	202.4B
Accumulated Other Comprehensive Income	67.7B	77.3B	78.1B	117.5B	263.5M	250.3M
Intangible Assets	26.7M	23.9M	30.4M	12.8B	10.3B	10.9B

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

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Shriram Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Shriram Finance fundamental ratios Correlations

Shriram Finance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shriram Finance fundamental ratios Accounts

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Other Information on Investing in Shriram Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets

Current Deferred Revenue	- 0.97	Non Current Assets Total
Short Term Debt	- 0.95	Current Deferred Revenue
Current Deferred Revenue	- 0.87	Other Stockholder Equity
Short Term Debt	- 0.77	Non Currrent Assets Other
Current Deferred Revenue	- 0.76	Property Plant And Equipment Net
Current Deferred Revenue	- 0.74	Total Stockholder Equity