Tata Other Current Liab vs Total Current Liabilities Analysis

TATAINVEST   6,740  88.40  1.29%   
Tata Investment financial indicator trend analysis is much more than just breaking down Tata Investment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Investment is a good investment. Please check the relationship between Tata Investment Other Current Liab and its Total Current Liabilities 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.

Other Current Liab vs Total Current Liabilities

Other Current Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Investment Other Current Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tata Investment's Other Current Liab and Total Current Liabilities is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Tata Investment, assuming nothing else is changed. The correlation between historical values of Tata Investment's Other Current Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Tata Investment are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Current Liab i.e., Tata Investment's Other Current Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Total Current Liabilities

Total Current Liabilities is an item on Tata Investment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Tata Investment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Tata Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Investment 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 185.4 M in 2024, whereas Tax Provision is likely to drop slightly above 173.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.1B3.9B2.3B
Total Revenue2.7B3.1B3.9B2.3B

Tata Investment fundamental ratios Correlations

0.180.351.00.52-0.210.970.690.76-0.730.98-0.070.17-0.330.860.950.98-0.04-0.82-0.210.630.980.110.580.730.97
0.180.260.190.290.10.1-0.060.010.050.250.27-0.87-0.330.110.120.25-0.89-0.07-0.160.040.25-0.150.30.020.21
0.350.260.350.380.570.43-0.08-0.050.080.37-0.08-0.25-0.110.430.290.37-0.24-0.01-0.30.060.37-0.120.360.30.43
1.00.190.350.53-0.210.970.680.75-0.710.99-0.070.17-0.340.850.940.99-0.03-0.81-0.230.630.990.10.60.730.97
0.520.290.380.530.10.58-0.04-0.050.080.540.41-0.14-0.410.150.370.54-0.14-0.04-0.470.070.54-0.030.680.410.62
-0.210.10.57-0.210.1-0.09-0.53-0.480.47-0.21-0.25-0.11-0.21-0.15-0.27-0.210.010.46-0.65-0.24-0.21-0.790.12-0.09-0.12
0.970.10.430.970.58-0.090.620.66-0.650.96-0.090.24-0.290.820.890.960.07-0.72-0.320.580.960.020.610.750.97
0.69-0.06-0.080.68-0.04-0.530.620.92-0.880.69-0.140.370.230.830.740.690.17-0.930.240.620.690.230.020.330.53
0.760.01-0.050.75-0.05-0.480.660.92-0.980.71-0.270.33-0.040.870.860.710.06-0.980.150.70.710.210.00.550.61
-0.730.050.08-0.710.080.47-0.65-0.88-0.98-0.670.3-0.380.05-0.84-0.82-0.67-0.110.96-0.16-0.66-0.68-0.210.03-0.61-0.61
0.980.250.370.990.54-0.210.960.690.71-0.67-0.020.11-0.320.850.891.0-0.07-0.8-0.220.611.00.10.620.650.96
-0.070.27-0.08-0.070.41-0.25-0.09-0.14-0.270.3-0.02-0.29-0.06-0.27-0.13-0.02-0.170.230.14-0.16-0.020.290.34-0.08-0.01
0.17-0.87-0.250.17-0.14-0.110.240.370.33-0.380.11-0.290.140.220.210.110.92-0.29-0.010.170.11-0.05-0.10.20.11
-0.33-0.33-0.11-0.34-0.41-0.21-0.290.23-0.040.05-0.32-0.060.14-0.07-0.24-0.320.180.090.53-0.24-0.320.22-0.48-0.38-0.42
0.860.110.430.850.15-0.150.820.830.87-0.840.85-0.270.22-0.070.880.850.01-0.9-0.020.650.850.10.20.570.77
0.950.120.290.940.37-0.270.890.740.86-0.820.89-0.130.21-0.240.880.89-0.05-0.85-0.090.640.890.170.390.770.88
0.980.250.370.990.54-0.210.960.690.71-0.671.0-0.020.11-0.320.850.89-0.07-0.8-0.220.611.00.10.620.650.96
-0.04-0.89-0.24-0.03-0.140.010.070.170.06-0.11-0.07-0.170.920.180.01-0.05-0.07-0.04-0.150.16-0.07-0.12-0.10.0-0.06
-0.82-0.07-0.01-0.81-0.040.46-0.72-0.93-0.980.96-0.80.23-0.290.09-0.9-0.85-0.8-0.04-0.12-0.68-0.8-0.2-0.11-0.52-0.68
-0.21-0.16-0.3-0.23-0.47-0.65-0.320.240.15-0.16-0.220.14-0.010.53-0.02-0.09-0.22-0.15-0.12-0.32-0.210.71-0.42-0.24-0.31
0.630.040.060.630.07-0.240.580.620.7-0.660.61-0.160.17-0.240.650.640.610.16-0.68-0.320.610.080.120.450.56
0.980.250.370.990.54-0.210.960.690.71-0.681.0-0.020.11-0.320.850.891.0-0.07-0.8-0.210.610.10.620.650.96
0.11-0.15-0.120.1-0.03-0.790.020.230.21-0.210.10.29-0.050.220.10.170.1-0.12-0.20.710.080.1-0.120.110.07
0.580.30.360.60.680.120.610.020.00.030.620.34-0.1-0.480.20.390.62-0.1-0.11-0.420.120.62-0.120.40.69
0.730.020.30.730.41-0.090.750.330.55-0.610.65-0.080.2-0.380.570.770.650.0-0.52-0.240.450.650.110.40.81
0.970.210.430.970.62-0.120.970.530.61-0.610.96-0.010.11-0.420.770.880.96-0.06-0.68-0.310.560.960.070.690.81
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Tata Investment Account Relationship Matchups

Tata Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.8B148.9B209.9B210.9B328.7B345.1B
Other Current Liab62.2M86.8M212.2M85.3M67.4M109.6M
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)167.1M262.3M144.8M
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)(10.3M)(10.8M)
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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