Tilaknagar Other Current Liab vs Non Current Liabilities Total Analysis

TI Stock   243.50  16.80  6.45%   
Tilaknagar Industries financial indicator trend analysis is much more than just breaking down Tilaknagar Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tilaknagar Industries is a good investment. Please check the relationship between Tilaknagar Industries Other Current Liab and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tilaknagar Industries 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 board of governors.

Other Current Liab vs Non Current Liabilities Total

Other Current Liab vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tilaknagar Industries Other Current Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tilaknagar Industries' Other Current Liab and Non Current Liabilities Total is -0.39. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Tilaknagar Industries Limited, assuming nothing else is changed. The correlation between historical values of Tilaknagar Industries' Other Current Liab and Non Current Liabilities Total 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 Tilaknagar Industries Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Liab i.e., Tilaknagar Industries' Other Current Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Non Current Liabilities Total

Most indicators from Tilaknagar Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tilaknagar Industries 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 Tilaknagar Industries 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 board of governors.
The current year's Issuance Of Capital Stock is expected to grow to about 593.3 M, whereas Selling General Administrative is forecasted to decline to about 153.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit5.5B6.2B7.1B7.5B
Total Revenue11.6B13.9B16.0B16.8B

Tilaknagar Industries fundamental ratios Correlations

0.170.280.590.260.930.660.360.210.88-0.05-0.120.79-0.180.17-0.130.130.740.050.590.620.90.70.35-0.240.1
0.170.350.64-0.710.360.590.580.270.460.45-0.12-0.050.22-0.21-0.20.2-0.310.560.150.7-0.12-0.05-0.120.43-0.69
0.280.350.58-0.180.320.270.160.590.360.780.26-0.04-0.28-0.050.15-0.390.090.640.40.370.150.19-0.02-0.42-0.18
0.590.640.58-0.490.670.860.530.580.710.540.020.29-0.26-0.19-0.07-0.120.20.670.480.890.350.37-0.030.19-0.48
0.26-0.71-0.18-0.49-0.05-0.46-0.49-0.46-0.16-0.530.040.45-0.370.40.16-0.280.63-0.620.26-0.590.590.320.33-0.670.85
0.930.360.320.67-0.050.790.50.380.990.09-0.120.60.05-0.02-0.180.340.50.20.40.80.670.60.2-0.06-0.16
0.660.590.270.86-0.460.790.480.40.810.21-0.130.430.01-0.34-0.160.290.190.380.250.950.380.54-0.140.24-0.36
0.360.580.160.53-0.490.50.480.470.580.35-0.360.140.190.3-0.530.32-0.070.480.380.650.08-0.20.420.37-0.76
0.210.270.590.58-0.460.380.40.470.440.550.28-0.21-0.040.010.090.010.10.740.080.55-0.05-0.090.15-0.03-0.49
0.880.460.360.71-0.160.990.810.580.440.2-0.120.510.12-0.02-0.20.360.440.330.390.840.580.510.2-0.01-0.28
-0.050.450.780.54-0.530.090.210.350.550.20.09-0.35-0.04-0.11-0.06-0.34-0.240.860.250.35-0.26-0.24-0.12-0.03-0.55
-0.12-0.120.260.020.04-0.12-0.13-0.360.28-0.120.09-0.51-0.2-0.110.97-0.310.190.15-0.07-0.13-0.1-0.07-0.04-0.120.08
0.79-0.05-0.040.290.450.60.430.14-0.210.51-0.35-0.51-0.290.17-0.410.080.59-0.350.480.310.880.740.23-0.250.39
-0.180.22-0.28-0.26-0.370.050.010.19-0.040.12-0.04-0.2-0.29-0.09-0.210.83-0.37-0.07-0.510.14-0.43-0.28-0.040.39-0.34
0.17-0.21-0.05-0.190.4-0.02-0.340.30.01-0.02-0.11-0.110.17-0.09-0.12-0.090.42-0.040.58-0.210.31-0.250.96-0.14-0.05
-0.13-0.20.15-0.070.16-0.18-0.16-0.530.09-0.2-0.060.97-0.41-0.21-0.12-0.30.23-0.03-0.08-0.21-0.040.03-0.08-0.150.24
0.130.2-0.39-0.12-0.280.340.290.320.010.36-0.34-0.310.080.83-0.09-0.3-0.16-0.26-0.450.36-0.10.040.050.34-0.25
0.74-0.310.090.20.630.50.19-0.070.10.44-0.240.190.59-0.370.420.23-0.16-0.110.530.110.860.490.53-0.450.44
0.050.560.640.67-0.620.20.380.480.740.330.860.15-0.35-0.07-0.04-0.03-0.26-0.110.280.51-0.22-0.270.010.13-0.67
0.590.150.40.480.260.40.250.380.080.390.25-0.070.48-0.510.58-0.08-0.450.530.280.240.650.230.59-0.18-0.06
0.620.70.370.89-0.590.80.950.650.550.840.35-0.130.310.14-0.21-0.210.360.110.510.240.280.370.00.33-0.57
0.9-0.120.150.350.590.670.380.08-0.050.58-0.26-0.10.88-0.430.31-0.04-0.10.86-0.220.650.280.730.41-0.390.43
0.7-0.050.190.370.320.60.54-0.2-0.090.51-0.24-0.070.74-0.28-0.250.030.040.49-0.270.230.370.73-0.15-0.360.48
0.35-0.12-0.02-0.030.330.2-0.140.420.150.2-0.12-0.040.23-0.040.96-0.080.050.530.010.590.00.41-0.15-0.08-0.14
-0.240.43-0.420.19-0.67-0.060.240.37-0.03-0.01-0.03-0.12-0.250.39-0.14-0.150.34-0.450.13-0.180.33-0.39-0.36-0.08-0.67
0.1-0.69-0.18-0.480.85-0.16-0.36-0.76-0.49-0.28-0.550.080.39-0.34-0.050.24-0.250.44-0.67-0.06-0.570.430.48-0.14-0.67
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Tilaknagar Industries Account Relationship Matchups

Tilaknagar Industries fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.1B10.1B10.1B10.3B11.9B12.2B
Short Long Term Debt Total11.9B13.4B18.4B1.2B1.4B1.3B
Other Current Liab127.6M129.1M122.4M778.0M700.2M591.2M
Total Current Liabilities3.9B4.4B4.3B2.6B2.9B2.8B
Total Stockholder Equity(557.2M)1.3B3.0B6.5B5.9B6.2B
Property Plant And Equipment Net5.7B5.4B4.2B4.0B4.6B5.8B
Net Debt5.6B5.4B2.2B1.1B1.3B1.2B
Accounts Payable1.5B1.7B1.3B1.2B1.4B1.3B
Cash259.4M427.4M348.1M103.2M118.6M112.7M
Non Current Assets Total6.7B5.9B4.6B4.4B5.1B6.4B
Non Currrent Assets Other708.6M1K64.6M424.6M382.1M510.8M
Cash And Short Term Investments292.4M874.0M739.5M427.6M384.8M756.1M
Net Receivables1.8B2.4B3.4B4.2B3.8B3.0B
Common Stock Shares Outstanding125.2M146.7M175.1M192.9M221.8M132.2M
Short Term Investments32.9M446.6M391.4M324.4M292.0M277.4M
Liabilities And Stockholders Equity10.1B10.1B10.1B10.3B11.9B12.2B
Non Current Liabilities Total6.8B4.4B2.8B1.2B1.4B1.4B
Inventory720.8M723.2M1.2B1.0B1.2B1.0B
Other Current Assets375.9M233.2M224.9M264.4M304.0M288.8M
Other Stockholder Equity2.0B3.0B2.6B5.1B5.9B3.6B
Total Liab10.7B8.8B7.1B3.8B4.4B4.1B
Total Current Assets3.4B4.2B5.5B5.9B6.8B5.8B
Accumulated Other Comprehensive Income192.8M330.4M311.0M243.2M218.9M229.8M
Intangible Assets3.6M3.4M3.1M4.5M4.1M3.9M
Common Stock1.3B1.6B1.9B1.9B2.2B1.3B
Current Deferred Revenue1.1B509.3M633.1M6.4M7.4M7.0M
Retained Earnings(4.0B)(3.6B)(1.8B)(743.9M)(669.5M)(703.0M)
Short Term Debt1.2B2.0B2.3B565.2M508.6M483.2M
Other Liab1.5B2.5B2.2B594.5M683.6M649.4M
Net Tangible Assets(3.1B)(177.8M)(560.8M)1.3B1.2B736.2M
Other Assets1.0B1.0B362.3M3.2B2.9B2.8B
Long Term Debt724.1B20M240.1M631.0M567.9M539.5M
Short Long Term Debt558.1M2.0B2.3B561.5M505.3M480.1M
Property Plant Equipment6.0B5.7B5.4B27.6B24.8B23.6B
Long Term Debt Total941.0B10.7B11.4B16.1B14.5B13.7B
Capital Surpluse277.8B309.7B1.4B1.4B1.3B1.2B
Non Current Liabilities Other305.3M145.3M1.9B1.9B2.2B2.3B
Capital Lease Obligations5.6M2.0M24.2M21.9M25.1M26.4M

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Other Information on Investing in Tilaknagar Stock

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