Suryoday Non Current Assets Total vs Retained Earnings Analysis

SURYODAY

139.33 0.29 0.21%

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

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suryoday Small Finance Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Suryoday Small's Non Current Assets Total and Retained Earnings is 0.77. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Suryoday Small Finance, assuming nothing else is changed. The correlation between historical values of Suryoday Small's Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Suryoday Small Finance are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., Suryoday Small's Non Current Assets Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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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.

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.

Most indicators from Suryoday Small's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suryoday Small 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 Suryoday Small Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At present, Suryoday Small's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 751.9 M, whereas Issuance Of Capital Stock is forecasted to decline to about 4.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	6.8B	8.4B	18.1B	19.0B
Total Revenue	6.8B	8.4B	10.2B	10.7B

Gross Profit Total Revenue

Suryoday Small fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Current Liab	Other Liab	Net Tangible Assets	Current Deferred Revenue	Accounts Payable	Net Receivables	Inventory
Total Assets		0.86	0.75	0.86	0.96	-0.19	0.92	0.97	0.71	0.5	0.32	0.82	0.74	0.82	0.97	1.0	0.82	0.65	0.83	-0.88	0.83	0.92	0.44	0.87	0.94	0.3
Short Long Term Debt Total	0.86		0.4	0.94	0.83	0.24	0.74	0.82	0.36	0.13	0.62	0.53	0.83	0.51	0.87	0.85	0.52	0.69	0.91	-0.65	0.85	0.92	0.05	0.62	0.89	-0.05
Total Current Liabilities	0.75	0.4		0.4	0.74	-0.75	0.79	0.7	0.99	0.94	-0.39	0.86	0.31	0.99	0.64	0.77	0.88	0.39	0.34	-0.92	0.61	0.53	0.88	0.94	0.67	0.85
Total Stockholder Equity	0.86	0.94	0.4		0.78	0.16	0.79	0.85	0.35	0.12	0.61	0.62	0.87	0.5	0.91	0.84	0.6	0.66	0.98	-0.6	0.77	0.96	0.12	0.58	0.92	-0.07
Property Plant And Equipment Net	0.96	0.83	0.74	0.78		-0.19	0.81	0.92	0.7	0.5	0.3	0.71	0.64	0.81	0.91	0.97	0.71	0.54	0.72	-0.88	0.9	0.86	0.38	0.88	0.9	0.31
Net Debt	-0.19	0.24	-0.75	0.16	-0.19		-0.32	-0.21	-0.76	-0.86	0.81	-0.58	0.23	-0.66	-0.06	-0.21	-0.6	0.12	0.23	0.49	-0.14	0.02	-0.89	-0.51	-0.17	-0.86
Retained Earnings	0.92	0.74	0.79	0.79	0.81	-0.32		0.91	0.77	0.61	0.13	0.93	0.69	0.84	0.88	0.92	0.93	0.7	0.77	-0.85	0.66	0.82	0.58	0.86	0.85	0.43
Cash	0.97	0.82	0.7	0.85	0.92	-0.21	0.91		0.65	0.45	0.34	0.85	0.72	0.77	0.93	0.97	0.85	0.61	0.81	-0.81	0.8	0.9	0.43	0.8	0.92	0.22
Non Current Assets Total	0.71	0.36	0.99	0.35	0.7	-0.76	0.77	0.65		0.97	-0.44	0.83	0.27	0.98	0.6	0.73	0.86	0.4	0.3	-0.9	0.58	0.47	0.89	0.92	0.62	0.88
Non Currrent Assets Other	0.5	0.13	0.94	0.12	0.5	-0.86	0.61	0.45	0.97		-0.64	0.73	0.06	0.9	0.38	0.53	0.76	0.27	0.07	-0.78	0.41	0.24	0.93	0.8	0.42	0.95
Other Assets	0.32	0.62	-0.39	0.61	0.3	0.81	0.13	0.34	-0.44	-0.64		-0.12	0.55	-0.27	0.43	0.29	-0.15	0.33	0.65	0.1	0.3	0.52	-0.66	-0.12	0.34	-0.79
Cash And Short Term Investments	0.82	0.53	0.86	0.62	0.71	-0.58	0.93	0.85	0.83	0.73	-0.12		0.52	0.87	0.74	0.82	1.0	0.54	0.59	-0.81	0.56	0.68	0.77	0.82	0.76	0.56
Common Stock Shares Outstanding	0.74	0.83	0.31	0.87	0.64	0.23	0.69	0.72	0.27	0.06	0.55	0.52		0.41	0.78	0.72	0.52	0.77	0.93	-0.51	0.58	0.75	0.12	0.49	0.71	-0.07
Non Current Liabilities Total	0.82	0.51	0.99	0.5	0.81	-0.66	0.84	0.77	0.98	0.9	-0.27	0.87	0.41		0.73	0.84	0.89	0.48	0.45	-0.95	0.68	0.61	0.83	0.96	0.74	0.78
Other Stockholder Equity	0.97	0.87	0.64	0.91	0.91	-0.06	0.88	0.93	0.6	0.38	0.43	0.74	0.78	0.73		0.96	0.74	0.65	0.88	-0.77	0.78	0.95	0.33	0.77	0.92	0.19
Total Liab	1.0	0.85	0.77	0.84	0.97	-0.21	0.92	0.97	0.73	0.53	0.29	0.82	0.72	0.84	0.96		0.82	0.63	0.8	-0.89	0.84	0.91	0.46	0.89	0.93	0.33
Total Current Assets	0.82	0.52	0.88	0.6	0.71	-0.6	0.93	0.85	0.86	0.76	-0.15	1.0	0.52	0.89	0.74	0.82		0.54	0.57	-0.83	0.56	0.67	0.79	0.84	0.76	0.6
Intangible Assets	0.65	0.69	0.39	0.66	0.54	0.12	0.7	0.61	0.4	0.27	0.33	0.54	0.77	0.48	0.65	0.63	0.54		0.75	-0.48	0.42	0.55	0.25	0.48	0.54	0.11
Common Stock	0.83	0.91	0.34	0.98	0.72	0.23	0.77	0.81	0.3	0.07	0.65	0.59	0.93	0.45	0.88	0.8	0.57	0.75		-0.54	0.67	0.89	0.09	0.52	0.83	-0.12
Other Current Liab	-0.88	-0.65	-0.92	-0.6	-0.88	0.49	-0.85	-0.81	-0.9	-0.78	0.1	-0.81	-0.51	-0.95	-0.77	-0.89	-0.83	-0.48	-0.54		-0.79	-0.7	-0.68	-1.0	-0.81	-0.66
Other Liab	0.83	0.85	0.61	0.77	0.9	-0.14	0.66	0.8	0.58	0.41	0.3	0.56	0.58	0.68	0.78	0.84	0.56	0.42	0.67	-0.79		0.83	0.27	0.75	0.91	0.23
Net Tangible Assets	0.92	0.92	0.53	0.96	0.86	0.02	0.82	0.9	0.47	0.24	0.52	0.68	0.75	0.61	0.95	0.91	0.67	0.55	0.89	-0.7	0.83		0.21	0.68	0.97	0.05
Current Deferred Revenue	0.44	0.05	0.88	0.12	0.38	-0.89	0.58	0.43	0.89	0.93	-0.66	0.77	0.12	0.83	0.33	0.46	0.79	0.25	0.09	-0.68	0.27	0.21		0.7	0.38	0.89
Accounts Payable	0.87	0.62	0.94	0.58	0.88	-0.51	0.86	0.8	0.92	0.8	-0.12	0.82	0.49	0.96	0.77	0.89	0.84	0.48	0.52	-1.0	0.75	0.68	0.7		0.79	0.68
Net Receivables	0.94	0.89	0.67	0.92	0.9	-0.17	0.85	0.92	0.62	0.42	0.34	0.76	0.71	0.74	0.92	0.93	0.76	0.54	0.83	-0.81	0.91	0.97	0.38	0.79		0.23
Inventory	0.3	-0.05	0.85	-0.07	0.31	-0.86	0.43	0.22	0.88	0.95	-0.79	0.56	-0.07	0.78	0.19	0.33	0.6	0.11	-0.12	-0.66	0.23	0.05	0.89	0.68	0.23

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Suryoday Small Account Relationship Matchups

Suryoday Small fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.6B	67.1B	81.8B	98.6B	123.8B	130.0B
Short Long Term Debt Total	12.2B	16.9B	18.4B	27.7B	24.4B	12.5B
Total Current Liabilities	220.3M	184.6M	217.4M	494.5M	16.4B	17.2B
Total Stockholder Equity	10.7B	16.0B	15.1B	15.8B	18.0B	9.1B
Property Plant And Equipment Net	387.3M	432.2M	1.2B	1.6B	1.7B	1.8B
Net Debt	3.8B	11.0B	8.6B	19.3B	(11.8B)	(11.2B)
Retained Earnings	2.0B	2.1B	1.1B	1.5B	3.2B	3.3B
Cash	8.4B	5.9B	9.7B	8.3B	11.8B	12.4B
Non Current Assets Total	387.3M	432.2M	1.2B	1.6B	120.0B	126.0B
Non Currrent Assets Other	(8.1B)	(18.7B)	(20.6B)	(25.7B)	92.3B	96.9B
Other Assets	45.4B	61.7B	76.9B	96.4B	(9.2B)	(8.8B)
Cash And Short Term Investments	7.8B	5.0B	3.8B	566.5M	11.8B	12.4B
Common Stock Shares Outstanding	83.6M	90.3M	106.1M	106.2M	107.0M	79.6M
Liabilities And Stockholders Equity	53.6B	67.1B	81.8B	98.6B	123.8B	130.0B
Non Current Liabilities Total	7.5B	11.1B	20.3B	19.3B	105.7B	111.0B
Other Stockholder Equity	4.9B	11.9B	11.9B	11.9B	13.8B	14.5B
Total Liab	43.0B	51.2B	66.8B	82.8B	105.7B	111.0B
Total Current Assets	7.8B	5.0B	3.8B	566.5M	13.0B	13.7B
Accumulated Other Comprehensive Income	2.9B	3.0B	2.1B	2.9B	17.0B	17.8B
Common Stock	865.9M	1.1B	1.1B	1.1B	1.1B	775.3M
Other Current Liab	(220.3M)	(184.6M)	(217.4M)	(494.5M)	(859.3M)	(816.3M)
Other Liab	1.6B	1.5B	2.2B	2.7B	3.1B	1.9B
Net Tangible Assets	10.7B	16.0B	15.1B	15.8B	18.2B	13.1B
Current Deferred Revenue	(5.2B)	(5.9B)	(5.3B)	(8.1B)	(859.3M)	(902.3M)
Accounts Payable	220.3M	184.6M	217.4M	494.5M	859.3M	902.3M
Net Receivables	567.0M	730.2M	786.3M	820.3M	1.2B	757.9M
Inventory	(9.5B)	(7.4B)	(11.3B)	(10.1B)	10.6B	11.1B
Other Current Assets	8.9B	6.7B	10.6B	9.3B	13.0B	8.5B
Short Term Debt	5.4B	6.1B	5.5B	8.6B	14.1B	7.8B
Property Plant Equipment	387.3M	432.2M	1.2B	1.6B	1.9B	2.0B
Net Invested Capital	22.8B	32.9B	40.6B	43.5B	42.5B	37.1B
Long Term Investments	8.1B	18.7B	20.6B	25.7B	26.0B	19.4B

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

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Suryoday Non Current Assets Total vs Retained Earnings Analysis

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Retained Earnings

Suryoday Small fundamental ratios Correlations

Suryoday Small Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suryoday Small fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Common Stock	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Non Current Assets Total

Accounts Payable	- 1.0	Other Current Liab
Other Current Liab	- 0.95	Non Current Liabilities Total
Other Current Liab	- 0.92	Total Current Liabilities
Other Current Liab	- 0.9	Non Current Assets Total
Other Current Liab	- 0.89	Total Liab
Current Deferred Revenue	- 0.89	Net Debt