Suzlon Total Current Assets vs Other Current Assets Analysis

SUZLON Stock   65.22  0.11  0.17%   
Suzlon Energy financial indicator trend analysis is much more than just breaking down Suzlon Energy Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzlon Energy Limited is a good investment. Please check the relationship between Suzlon Energy Total Current Assets and its Other Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suzlon Energy 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 persons.

Total Current Assets vs Other Current Assets

Total Current Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzlon Energy Limited Total Current Assets account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Suzlon Energy's Total Current Assets and Other Current Assets is 0.56. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Suzlon Energy Limited, assuming nothing else is changed. The correlation between historical values of Suzlon Energy's Total Current Assets and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Suzlon Energy Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Total Current Assets i.e., Suzlon Energy's Total Current Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
Most indicators from Suzlon Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzlon Energy Limited 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 Suzlon Energy 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 persons.
At present, Suzlon Energy's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 21.7 B, whereas Tax Provision is projected to grow to (8.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense7.0B4.2B1.6B1.6B
Depreciation And Amortization2.6B2.6B1.9B3.3B

Suzlon Energy fundamental ratios Correlations

0.620.880.770.30.970.520.520.910.930.970.620.910.960.93-0.10.190.720.920.6-0.390.820.980.210.66-0.49
0.620.610.89-0.540.730.990.020.680.60.620.30.670.610.53-0.570.490.840.620.57-0.240.950.660.650.23-0.68
0.880.610.810.190.930.530.520.780.840.880.480.790.870.83-0.270.010.610.860.53-0.40.80.870.430.78-0.57
0.770.890.81-0.270.840.850.240.80.70.750.230.730.770.68-0.410.340.660.770.5-0.380.940.80.730.52-0.65
0.3-0.540.19-0.270.17-0.640.560.110.290.320.360.190.260.40.5-0.38-0.210.2-0.01-0.1-0.270.21-0.60.380.26
0.970.730.930.840.170.630.490.90.940.970.60.930.940.92-0.30.220.80.910.6-0.360.90.960.310.68-0.6
0.520.990.530.85-0.640.63-0.060.60.480.520.220.560.50.43-0.590.510.790.540.53-0.20.90.560.680.14-0.65
0.520.020.520.240.560.49-0.060.370.50.590.480.490.490.64-0.140.090.180.370.17-0.80.230.44-0.130.57-0.62
0.910.680.780.80.110.90.60.370.830.840.540.850.920.76-0.150.360.740.90.49-0.320.850.950.260.59-0.49
0.930.60.840.70.290.940.480.50.830.910.580.980.950.86-0.190.190.750.780.53-0.320.790.930.160.63-0.5
0.970.620.880.750.320.970.520.590.840.910.670.90.890.99-0.220.230.730.880.61-0.40.810.920.20.63-0.56
0.620.30.480.230.360.60.220.480.540.580.670.610.510.68-0.180.320.660.560.58-0.250.440.55-0.30.18-0.35
0.910.670.790.730.190.930.560.490.850.980.90.610.930.86-0.270.380.790.740.5-0.360.830.920.180.56-0.57
0.960.610.870.770.260.940.50.490.920.950.890.510.930.83-0.080.160.690.870.51-0.40.810.990.240.7-0.48
0.930.530.830.680.40.920.430.640.760.860.990.680.860.83-0.210.240.650.810.55-0.430.730.850.140.6-0.54
-0.1-0.57-0.27-0.410.5-0.3-0.59-0.14-0.15-0.19-0.22-0.18-0.27-0.08-0.21-0.46-0.5-0.11-0.130.17-0.49-0.11-0.34-0.160.7
0.190.490.010.34-0.380.220.510.090.360.190.230.320.380.160.24-0.460.460.05-0.02-0.260.430.190.16-0.16-0.5
0.720.840.610.66-0.210.80.790.180.740.750.730.660.790.690.65-0.50.460.680.62-0.160.870.740.160.29-0.6
0.920.620.860.770.20.910.540.370.90.780.880.560.740.870.81-0.110.050.680.61-0.260.810.930.240.67-0.4
0.60.570.530.5-0.010.60.530.170.490.530.610.580.50.510.55-0.13-0.020.620.61-0.220.60.560.27-0.01-0.34
-0.39-0.24-0.4-0.38-0.1-0.36-0.2-0.8-0.32-0.32-0.4-0.25-0.36-0.4-0.430.17-0.26-0.16-0.26-0.22-0.32-0.35-0.22-0.330.75
0.820.950.80.94-0.270.90.90.230.850.790.810.440.830.810.73-0.490.430.870.810.6-0.320.850.550.47-0.69
0.980.660.870.80.210.960.560.440.950.930.920.550.920.990.85-0.110.190.740.930.56-0.350.850.250.68-0.47
0.210.650.430.73-0.60.310.68-0.130.260.160.2-0.30.180.240.14-0.340.160.160.240.27-0.220.550.250.11-0.41
0.660.230.780.520.380.680.140.570.590.630.630.180.560.70.6-0.16-0.160.290.67-0.01-0.330.470.680.11-0.38
-0.49-0.68-0.57-0.650.26-0.6-0.65-0.62-0.49-0.5-0.56-0.35-0.57-0.48-0.540.7-0.5-0.6-0.4-0.340.75-0.69-0.47-0.41-0.38
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Suzlon Energy Account Relationship Matchups

Suzlon Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.3B66.0B64.7B55.2B71.8B132.2B
Short Long Term Debt Total132.1B69.3B64.7B19.4B1.5B1.4B
Other Current Liab26.7B9.8B9.3B8.3B7.8B7.4B
Total Current Liabilities165.5B38.1B42.3B27.0B30.1B28.6B
Total Stockholder Equity(109.8B)(33.4B)(35.3B)11.0B39.2B41.2B
Property Plant And Equipment Net11.6B10.4B9.2B7.8B8.3B7.8B
Net Debt131.8B66.6B60.3B15.7B(2.8B)(2.6B)
Retained Earnings(217.4B)(216.8B)(218.7B)(188.8B)(182.1B)(173.0B)
Accounts Payable13.0B15.8B18.4B8.9B18.0B24.8B
Cash328.5M2.6B4.4B3.7B4.3B4.1B
Non Current Assets Total18.4B17.5B13.9B13.5B18.9B18.0B
Non Currrent Assets Other(14.7B)547.3M3.2B5.0B784.3M745.1M
Cash And Short Term Investments1.9B4.3B6.1B5.2B4.4B4.1B
Net Receivables13.6B11.9B13.8B11.7B18.3B35.6B
Short Term Investments1.5B1.7B1.8B1.5B83.5M79.3M
Liabilities And Stockholders Equity65.3B66.0B64.7B55.2B71.8B132.2B
Non Current Liabilities Total10.3B61.9B58.0B17.2B2.5B2.4B
Inventory20.6B21.7B22.1B18.3B22.9B27.4B
Other Current Assets12.2B12.2B10.6B8.1B7.3B14.2B
Other Stockholder Equity108.1B166.3B165.0B175.2B189.7B101.4B
Total Liab175.7B100.0B100.4B44.2B32.6B31.0B
Total Current Assets46.9B48.5B50.8B41.8B52.9B82.6B
Accumulated Other Comprehensive Income(11.1B)8.0B6.2B3.5B4.4B4.6B
Short Term Debt123.0B8.4B8.2B4.0B842.9M800.8M
Intangible Assets2.8B1.9B1.3B619.1M534.5M507.8M
Current Deferred Revenue29.2B13.6B15.5B13.5B3.5B3.3B
Other Liab1.8B1.2B1.1B1.5B1.4B1.3B
Net Tangible Assets(88.4B)(112.7B)(35.4B)(36.5B)(42.0B)(44.1B)
Other Assets3.7B4.9B3.4B404.2M1.00.95
Long Term Debt8.4B60.3B55.9B15.2B498.7M473.8M
Short Long Term Debt123.0B1.8B8.0B3.9B600.8M570.8M
Property Plant Equipment11.6B10.4B9.2B7.8B7.0B13.2B
Long Term Debt Total9.0B60.8B56.5B15.4B13.8B13.1B
Net Invested Capital21.5B28.6B28.6B30.0B40.3B26.3B
Net Working Capital(118.5B)10.3B8.5B14.8B22.8B23.9B

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Other Information on Investing in Suzlon Stock

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