Thirumalai Inventory vs Retained Earnings Analysis

TIRUMALCHM

375.60 26.40 7.56%

Thirumalai Chemicals financial indicator trend analysis is much more than just breaking down Thirumalai Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thirumalai Chemicals is a good investment. Please check the relationship between Thirumalai Chemicals Inventory and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thirumalai Chemicals 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 population.

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thirumalai Chemicals Inventory account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Thirumalai Chemicals' Inventory and Retained Earnings is 0.66. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Thirumalai Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Thirumalai Chemicals' Inventory 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 Inventory of Thirumalai Chemicals Limited 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 Inventory i.e., Thirumalai Chemicals' Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

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 Thirumalai Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thirumalai Chemicals 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 Thirumalai Chemicals 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 population.

The value of Selling General Administrative is expected to slide to about 126.8 M. The value of Tax Provision is estimated to slide to about 40.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	169.1M	312.5M	417.1M	438.0M
Depreciation And Amortization	566.3M	556.8M	632M	341.8M

Interest Expense Depreciation And Amortization

Thirumalai Chemicals fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.91	0.75	0.93	0.9	0.98	0.15	0.68	0.9	0.91	0.91	0.99	0.86	0.87	-0.22	-0.81	0.91	0.62	0.97	-0.37	0.96	0.95	0.73	-0.81	0.74	0.93
Short Long Term Debt Total	0.91		0.83	0.89	0.65	0.94	-0.23	0.92	0.64	0.74	0.71	0.93	0.96	0.61	0.02	-0.91	0.98	0.43	0.93	-0.3	0.98	0.8	0.85	-0.91	0.46	0.71
Other Current Liab	0.75	0.83		0.74	0.53	0.8	-0.27	0.77	0.52	0.54	0.57	0.79	0.84	0.48	-0.1	-0.8	0.82	0.25	0.79	0.0	0.82	0.62	0.67	-0.8	0.32	0.57
Total Current Liabilities	0.93	0.89	0.74		0.74	0.9	-0.01	0.73	0.74	0.91	0.8	0.89	0.88	0.76	0.06	-0.76	0.83	0.72	0.9	-0.25	0.95	0.92	0.89	-0.76	0.54	0.77
Total Stockholder Equity	0.9	0.65	0.53	0.74		0.85	0.54	0.32	1.0	0.87	0.94	0.87	0.6	0.96	-0.49	-0.55	0.69	0.65	0.84	-0.43	0.74	0.9	0.44	-0.56	0.91	0.99
Property Plant And Equipment Net	0.98	0.94	0.8	0.9	0.85		0.03	0.75	0.84	0.84	0.86	1.0	0.88	0.79	-0.25	-0.86	0.95	0.51	0.97	-0.33	0.97	0.88	0.73	-0.86	0.7	0.89
Current Deferred Revenue	0.15	-0.23	-0.27	-0.01	0.54	0.03		-0.55	0.56	0.3	0.44	0.07	-0.22	0.58	-0.55	0.33	-0.19	0.42	0.06	-0.3	-0.11	0.31	-0.3	0.33	0.6	0.46
Net Debt	0.68	0.92	0.77	0.73	0.32	0.75	-0.55		0.31	0.47	0.37	0.73	0.91	0.25	0.21	-0.86	0.87	0.21	0.75	-0.18	0.84	0.52	0.84	-0.86	0.13	0.4
Retained Earnings	0.9	0.64	0.52	0.74	1.0	0.84	0.56	0.31		0.87	0.95	0.86	0.59	0.96	-0.49	-0.54	0.68	0.66	0.84	-0.44	0.74	0.9	0.43	-0.54	0.91	0.99
Accounts Payable	0.91	0.74	0.54	0.91	0.87	0.84	0.3	0.47	0.87		0.9	0.85	0.69	0.89	-0.09	-0.61	0.72	0.79	0.82	-0.25	0.84	0.96	0.64	-0.61	0.74	0.88
Cash	0.91	0.71	0.57	0.8	0.94	0.86	0.44	0.37	0.95	0.9		0.86	0.62	0.98	-0.33	-0.6	0.74	0.63	0.84	-0.38	0.8	0.95	0.5	-0.6	0.83	0.95
Non Current Assets Total	0.99	0.93	0.79	0.89	0.87	1.0	0.07	0.73	0.86	0.85	0.86		0.87	0.8	-0.27	-0.85	0.94	0.53	0.98	-0.35	0.96	0.89	0.72	-0.85	0.72	0.91
Non Currrent Assets Other	0.86	0.96	0.84	0.88	0.6	0.88	-0.22	0.91	0.59	0.69	0.62	0.87		0.56	0.02	-0.84	0.9	0.46	0.92	-0.23	0.93	0.75	0.89	-0.84	0.38	0.65
Cash And Short Term Investments	0.87	0.61	0.48	0.76	0.96	0.79	0.58	0.25	0.96	0.89	0.98	0.8	0.56		-0.39	-0.48	0.63	0.7	0.78	-0.38	0.72	0.93	0.45	-0.48	0.86	0.94
Net Receivables	-0.22	0.02	-0.1	0.06	-0.49	-0.25	-0.55	0.21	-0.49	-0.09	-0.33	-0.27	0.02	-0.39		0.06	-0.08	0.09	-0.24	0.11	-0.02	-0.1	0.25	0.06	-0.55	-0.45
Common Stock Shares Outstanding	-0.81	-0.91	-0.8	-0.76	-0.55	-0.86	0.33	-0.86	-0.54	-0.61	-0.6	-0.85	-0.84	-0.48	0.06		-0.93	-0.17	-0.83	0.19	-0.89	-0.67	-0.71	1.0	-0.3	-0.63
Non Current Liabilities Total	0.91	0.98	0.82	0.83	0.69	0.95	-0.19	0.87	0.68	0.72	0.74	0.94	0.9	0.63	-0.08	-0.93		0.34	0.92	-0.32	0.97	0.78	0.74	-0.93	0.52	0.76
Inventory	0.62	0.43	0.25	0.72	0.65	0.51	0.42	0.21	0.66	0.79	0.63	0.53	0.46	0.7	0.09	-0.17	0.34		0.57	-0.31	0.54	0.77	0.54	-0.17	0.59	0.61
Other Current Assets	0.97	0.93	0.79	0.9	0.84	0.97	0.06	0.75	0.84	0.82	0.84	0.98	0.92	0.78	-0.24	-0.83	0.92	0.57		-0.38	0.95	0.89	0.77	-0.83	0.66	0.87
Other Stockholder Equity	-0.37	-0.3	0.0	-0.25	-0.43	-0.33	-0.3	-0.18	-0.44	-0.25	-0.38	-0.35	-0.23	-0.38	0.11	0.19	-0.32	-0.31	-0.38		-0.3	-0.39	-0.22	0.19	-0.37	-0.39
Total Liab	0.96	0.98	0.82	0.95	0.74	0.97	-0.11	0.84	0.74	0.84	0.8	0.96	0.93	0.72	-0.02	-0.89	0.97	0.54	0.95	-0.3		0.88	0.84	-0.89	0.55	0.8
Total Current Assets	0.95	0.8	0.62	0.92	0.9	0.88	0.31	0.52	0.9	0.96	0.95	0.89	0.75	0.93	-0.1	-0.67	0.78	0.77	0.89	-0.39	0.88		0.69	-0.67	0.73	0.91
Short Term Debt	0.73	0.85	0.67	0.89	0.44	0.73	-0.3	0.84	0.43	0.64	0.5	0.72	0.89	0.45	0.25	-0.71	0.74	0.54	0.77	-0.22	0.84	0.69		-0.71	0.2	0.46
Common Stock	-0.81	-0.91	-0.8	-0.76	-0.56	-0.86	0.33	-0.86	-0.54	-0.61	-0.6	-0.85	-0.84	-0.48	0.06	1.0	-0.93	-0.17	-0.83	0.19	-0.89	-0.67	-0.71		-0.3	-0.63
Other Liab	0.74	0.46	0.32	0.54	0.91	0.7	0.6	0.13	0.91	0.74	0.83	0.72	0.38	0.86	-0.55	-0.3	0.52	0.59	0.66	-0.37	0.55	0.73	0.2	-0.3		0.9
Net Tangible Assets	0.93	0.71	0.57	0.77	0.99	0.89	0.46	0.4	0.99	0.88	0.95	0.91	0.65	0.94	-0.45	-0.63	0.76	0.61	0.87	-0.39	0.8	0.91	0.46	-0.63	0.9

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Thirumalai Chemicals Account Relationship Matchups

Thirumalai Chemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.0B	13.4B	18.6B	23.6B	33.2B	34.9B
Short Long Term Debt Total	2.0B	1.8B	1.7B	5.1B	12.5B	13.1B
Other Current Liab	224.7M	333.6M	296.1M	652.8M	1.5B	1.6B
Total Current Liabilities	3.0B	3.0B	5.6B	8.7B	10.3B	10.8B
Total Stockholder Equity	6.4B	8.0B	10.9B	11.9B	11.5B	12.0B
Property Plant And Equipment Net	6.4B	6.4B	6.8B	10.8B	19.1B	20.1B
Current Deferred Revenue	251.3M	463.5M	623.9M	609.5M	33.7M	32.0M
Net Debt	(52.4M)	(438.8M)	(2.6B)	1.6B	8.5B	8.9B
Retained Earnings	4.3B	5.5B	8.0B	8.7B	8.1B	8.6B
Accounts Payable	2.6B	2.3B	4.6B	5.0B	5.2B	5.4B
Cash	2.0B	2.3B	4.2B	3.5B	4.1B	4.3B
Non Current Assets Total	7.0B	7.7B	8.3B	13.1B	21.9B	23.0B
Non Currrent Assets Other	20.5M	4.8M	5.2M	878.8M	1.4B	1.4B
Cash And Short Term Investments	2.1B	3.2B	5.5B	5.5B	4.5B	4.7B
Net Receivables	1.1B	894.5M	1.6B	1.0B	1.8B	1.4B
Liabilities And Stockholders Equity	12.0B	13.4B	18.6B	23.6B	33.2B	34.9B
Non Current Liabilities Total	2.6B	2.4B	2.2B	3.0B	11.5B	12.0B
Inventory	1.5B	1.3B	2.4B	3.2B	2.5B	1.8B
Other Current Assets	531.3M	304.9M	799.3M	1.7B	2.5B	2.7B
Total Liab	5.6B	5.4B	7.8B	11.7B	21.7B	22.8B
Total Current Assets	5.0B	5.7B	10.3B	10.5B	11.3B	11.9B
Accumulated Other Comprehensive Income	(1.3B)	2.3B	2.5B	2.9B	3.0B	3.2B
Short Term Debt	101.3M	111.4M	277.7M	3.0B	3.6B	3.8B
Other Liab	769.4M	813.2M	840.1M	886M	1.0B	645.0M
Net Tangible Assets	6.7B	6.4B	8.0B	10.8B	12.5B	13.1B
Other Assets	194.8M	159.9M	420.3M	186.4M	214.4M	297.7M
Long Term Debt	1.8B	1.6B	1.4B	1.5B	8.1B	8.5B
Short Long Term Debt	131.4M	245.5M	255.5M	2.9B	3.5B	3.7B
Property Plant Equipment	6.3B	6.4B	6.6B	10.8B	12.4B	13.0B
Long Term Debt Total	1.8B	1.6B	1.4B	2.1B	2.5B	2.6B
Short Term Investments	78.7M	983.1M	1.3B	2.0B	431M	788.2M
Intangible Assets	3.2M	1.2M	600K	1.9M	1.7M	1.6M
Net Invested Capital	8.4B	8.0B	12.5B	16.3B	23.1B	12.9B
Net Working Capital	2.0B	2.7B	4.8B	1.9B	1.0B	997.4M
Cash And Equivalents	1.7B	938M	2.4B	1.0B	1.2B	1.4B

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Other Information on Investing in Thirumalai Stock

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

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Thirumalai Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

Thirumalai Chemicals fundamental ratios Correlations

Thirumalai Chemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thirumalai Chemicals fundamental ratios Accounts

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Other Information on Investing in Thirumalai Stock

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Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Retained Earnings

Common Stock	- 0.93	Non Current Liabilities Total
Non Current Liabilities Total	- 0.93	Common Stock Shares Outstanding
Common Stock	- 0.91	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.91	Short Long Term Debt Total
Common Stock	- 0.89	Total Liab
Total Liab	- 0.89	Common Stock Shares Outstanding