Tata Non Currrent Assets Other vs Cash Analysis

TATAINVEST   6,664  3.25  0.05%   
Tata InvestmentLimite financial indicator trend analysis is much more than just breaking down Tata InvestmentLimite prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata InvestmentLimite is a good investment. Please check the relationship between Tata InvestmentLimite Non Currrent Assets Other and its Cash accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Non Currrent Assets Other vs Cash

Non Currrent Assets Other vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata InvestmentLimite Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Tata InvestmentLimite's Non Currrent Assets Other and Cash is -0.88. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of Tata Investment, assuming nothing else is changed. The correlation between historical values of Tata InvestmentLimite's Non Currrent Assets Other and Cash 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 Currrent Assets Other of Tata Investment are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., Tata InvestmentLimite's Non Currrent Assets Other and Cash go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash

Cash refers to the most liquid asset of Tata InvestmentLimite, which is listed under current asset account on Tata Investment balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Tata InvestmentLimite customers. The amounts must be unrestricted with restricted cash listed in a different Tata InvestmentLimite account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Tata InvestmentLimite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata InvestmentLimite 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 Tata Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Selling General Administrative is likely to climb to about 187.1 M in 2024, whereas Tax Provision is likely to drop slightly above 173.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.1B3.2B2.2B
Total Revenue2.7B3.1B3.9B2.3B

Tata InvestmentLimite fundamental ratios Correlations

-0.270.351.00.52-0.210.970.690.76-0.730.98-0.070.17-0.330.860.950.98-0.04-0.82-0.210.630.98-0.20.580.730.97
-0.270.22-0.260.250.35-0.3-0.56-0.520.56-0.210.35-0.92-0.26-0.39-0.35-0.21-0.810.47-0.2-0.36-0.21-0.070.21-0.25-0.17
0.350.220.350.380.570.43-0.08-0.050.080.37-0.08-0.25-0.110.430.290.37-0.24-0.01-0.30.060.37-0.130.360.30.43
1.0-0.260.350.53-0.210.970.680.75-0.710.99-0.070.17-0.340.850.940.99-0.03-0.81-0.230.630.99-0.20.60.730.97
0.520.250.380.530.10.58-0.04-0.050.080.540.41-0.14-0.410.150.370.54-0.14-0.04-0.470.070.54-0.040.680.410.62
-0.210.350.57-0.210.1-0.09-0.53-0.480.47-0.21-0.25-0.11-0.21-0.15-0.27-0.210.010.46-0.65-0.24-0.21-0.620.12-0.09-0.12
0.97-0.30.430.970.58-0.090.620.66-0.650.96-0.090.24-0.290.820.890.960.07-0.72-0.320.580.96-0.260.610.750.97
0.69-0.56-0.080.68-0.04-0.530.620.92-0.880.69-0.140.370.230.830.740.690.17-0.930.240.620.69-0.130.020.330.53
0.76-0.52-0.050.75-0.05-0.480.660.92-0.980.71-0.270.33-0.040.870.860.710.06-0.980.150.70.71-0.160.00.550.61
-0.730.560.08-0.710.080.47-0.65-0.88-0.98-0.670.3-0.380.06-0.84-0.82-0.67-0.110.96-0.16-0.66-0.680.160.03-0.61-0.61
0.98-0.210.370.990.54-0.210.960.690.71-0.67-0.020.11-0.330.850.891.0-0.07-0.8-0.220.611.0-0.20.620.650.96
-0.070.35-0.08-0.070.41-0.25-0.09-0.14-0.270.3-0.02-0.29-0.06-0.27-0.13-0.02-0.170.230.14-0.16-0.020.370.34-0.08-0.01
0.17-0.92-0.250.17-0.14-0.110.240.370.33-0.380.11-0.290.130.220.210.110.92-0.29-0.010.170.11-0.15-0.10.20.11
-0.33-0.26-0.11-0.34-0.41-0.21-0.290.23-0.040.06-0.33-0.060.13-0.07-0.24-0.330.180.090.53-0.24-0.330.25-0.48-0.39-0.42
0.86-0.390.430.850.15-0.150.820.830.87-0.840.85-0.270.22-0.070.880.850.01-0.9-0.020.650.85-0.240.20.570.77
0.95-0.350.290.940.37-0.270.890.740.86-0.820.89-0.130.21-0.240.880.89-0.05-0.85-0.090.640.89-0.160.390.770.88
0.98-0.210.370.990.54-0.210.960.690.71-0.671.0-0.020.11-0.330.850.89-0.07-0.8-0.220.611.0-0.20.620.650.96
-0.04-0.81-0.24-0.03-0.140.010.070.170.06-0.11-0.07-0.170.920.180.01-0.05-0.07-0.04-0.150.16-0.07-0.13-0.10.0-0.06
-0.820.47-0.01-0.81-0.040.46-0.72-0.93-0.980.96-0.80.23-0.290.09-0.9-0.85-0.8-0.04-0.12-0.68-0.80.19-0.11-0.52-0.68
-0.21-0.2-0.3-0.23-0.47-0.65-0.320.240.15-0.16-0.220.14-0.010.53-0.02-0.09-0.22-0.15-0.12-0.32-0.210.67-0.42-0.24-0.31
0.63-0.360.060.630.07-0.240.580.620.7-0.660.61-0.160.17-0.240.650.640.610.16-0.68-0.320.61-0.190.120.450.56
0.98-0.210.370.990.54-0.210.960.690.71-0.681.0-0.020.11-0.330.850.891.0-0.07-0.8-0.210.61-0.20.620.650.96
-0.2-0.07-0.13-0.2-0.04-0.62-0.26-0.13-0.160.16-0.20.37-0.150.25-0.24-0.16-0.2-0.130.190.67-0.19-0.2-0.16-0.09-0.18
0.580.210.360.60.680.120.610.020.00.030.620.34-0.1-0.480.20.390.62-0.1-0.11-0.420.120.62-0.160.40.69
0.73-0.250.30.730.41-0.090.750.330.55-0.610.65-0.080.2-0.390.570.770.650.0-0.52-0.240.450.65-0.090.40.81
0.97-0.170.430.970.62-0.120.970.530.61-0.610.96-0.010.11-0.420.770.880.96-0.06-0.68-0.310.560.96-0.180.690.81
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Tata InvestmentLimite Account Relationship Matchups

Tata InvestmentLimite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.8B148.9B209.9B210.9B328.7B345.1B
Other Current Liab62.2M86.8M212.2M85.3M(197.5M)(187.6M)
Total Current Liabilities127.7M144.9M248.1M2.6B269.0M418.9M
Total Stockholder Equity80.6B142.4B196.8B195.7B299.7B314.6B
Property Plant And Equipment Net12.9M5.6M25.3M14.5M7.1M6.6M
Net Debt(86.9M)(62.3M)(84.5M)2.4B(1.1B)(1.0B)
Retained Earnings8.7B11.1B15.9B18.2B20.8B21.8B
Cash97.3M65.9M103.3M45.4M1.1B1.2B
Non Current Assets Total147.4M140.8M156.8M149.5M327.3B343.7B
Non Currrent Assets Other(147.4M)(140.8M)(156.8M)(149.5M)(327.3B)(310.9B)
Cash And Short Term Investments81.4B148.4B209.0B210.5B328.2B344.6B
Net Receivables10.1M113.4M539.6M104.9M69.1M127.2M
Liabilities And Stockholders Equity81.8B148.9B209.9B210.9B328.7B345.1B
Other Current Assets255.3M(219.5M)(673.1M)167.1M252.0M144.3M
Total Liab1.2B6.5B13.1B15.2B29.1B30.5B
Total Current Assets81.6B148.7B209.7B210.7B328.5B345.0B
Accumulated Other Comprehensive Income(26.4M)127.7B177.3B173.9B275.3B289.1B
Other Assets8.5M10.2M10.4M11.5M(327.1B)(310.8B)
Accounts Payable49.7M53.5M35.9M38.7M85.0M46.0M
Short Term Investments78.8B144.1B203.7B202.9B319.6B335.6B
Inventory(2.5B)(4.3B)(5.2B)(7.5B)(7.5B)(7.9B)
Intangible Assets38K872K894K600K351K307.1K
Other Liab15.4B1.1B6.3B12.9B14.8B15.6B
Net Tangible Assets79.1B80.4B142.3B196.6B226.1B237.4B
Long Term Investments81.4B148.5B209.0B210.5B327.2B343.5B
Property Plant Equipment12.9M5.6M21.5M14.5M16.7M17.5M
Non Current Liabilities Total1.2B3.6M18.8M2.4B57.4B60.3B
Short Long Term Debt Total10.3M3.6M19.2M2.4B4.1M3.9M
Long Term Debt Total10.3M3.6M18.8M11.8M13.6M7.0M

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