Thirumalai Total Liab vs Non Current Liabilities Total 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 Total 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 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.

Total Liab vs Non Current Liabilities Total

Total 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 Thirumalai Chemicals Total Liab account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Thirumalai Chemicals' Total Liab and Non Current Liabilities Total is 0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Non Current Liabilities Total 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' Total 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 Total Liab of Thirumalai Chemicals 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 Total Liab i.e., Thirumalai Chemicals' Total Liab and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Non Current Liabilities Total

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 Expense169.1M312.5M417.1M438.0M
Depreciation And Amortization566.3M556.8M632M341.8M

Thirumalai Chemicals fundamental ratios Correlations

0.910.750.930.90.980.150.680.90.910.910.990.860.87-0.22-0.810.910.620.97-0.370.960.950.73-0.810.740.93
0.910.830.890.650.94-0.230.920.640.740.710.930.960.610.02-0.910.980.430.93-0.30.980.80.85-0.910.460.71
0.750.830.740.530.8-0.270.770.520.540.570.790.840.48-0.1-0.80.820.250.790.00.820.620.67-0.80.320.57
0.930.890.740.740.9-0.010.730.740.910.80.890.880.760.06-0.760.830.720.9-0.250.950.920.89-0.760.540.77
0.90.650.530.740.850.540.321.00.870.940.870.60.96-0.49-0.550.690.650.84-0.430.740.90.44-0.560.910.99
0.980.940.80.90.850.030.750.840.840.861.00.880.79-0.25-0.860.950.510.97-0.330.970.880.73-0.860.70.89
0.15-0.23-0.27-0.010.540.03-0.550.560.30.440.07-0.220.58-0.550.33-0.190.420.06-0.3-0.110.31-0.30.330.60.46
0.680.920.770.730.320.75-0.550.310.470.370.730.910.250.21-0.860.870.210.75-0.180.840.520.84-0.860.130.4
0.90.640.520.741.00.840.560.310.870.950.860.590.96-0.49-0.540.680.660.84-0.440.740.90.43-0.540.910.99
0.910.740.540.910.870.840.30.470.870.90.850.690.89-0.09-0.610.720.790.82-0.250.840.960.64-0.610.740.88
0.910.710.570.80.940.860.440.370.950.90.860.620.98-0.33-0.60.740.630.84-0.380.80.950.5-0.60.830.95
0.990.930.790.890.871.00.070.730.860.850.860.870.8-0.27-0.850.940.530.98-0.350.960.890.72-0.850.720.91
0.860.960.840.880.60.88-0.220.910.590.690.620.870.560.02-0.840.90.460.92-0.230.930.750.89-0.840.380.65
0.870.610.480.760.960.790.580.250.960.890.980.80.56-0.39-0.480.630.70.78-0.380.720.930.45-0.480.860.94
-0.220.02-0.10.06-0.49-0.25-0.550.21-0.49-0.09-0.33-0.270.02-0.390.06-0.080.09-0.240.11-0.02-0.10.250.06-0.55-0.45
-0.81-0.91-0.8-0.76-0.55-0.860.33-0.86-0.54-0.61-0.6-0.85-0.84-0.480.06-0.93-0.17-0.830.19-0.89-0.67-0.711.0-0.3-0.63
0.910.980.820.830.690.95-0.190.870.680.720.740.940.90.63-0.08-0.930.340.92-0.320.970.780.74-0.930.520.76
0.620.430.250.720.650.510.420.210.660.790.630.530.460.70.09-0.170.340.57-0.310.540.770.54-0.170.590.61
0.970.930.790.90.840.970.060.750.840.820.840.980.920.78-0.24-0.830.920.57-0.380.950.890.77-0.830.660.87
-0.37-0.30.0-0.25-0.43-0.33-0.3-0.18-0.44-0.25-0.38-0.35-0.23-0.380.110.19-0.32-0.31-0.38-0.3-0.39-0.220.19-0.37-0.39
0.960.980.820.950.740.97-0.110.840.740.840.80.960.930.72-0.02-0.890.970.540.95-0.30.880.84-0.890.550.8
0.950.80.620.920.90.880.310.520.90.960.950.890.750.93-0.1-0.670.780.770.89-0.390.880.69-0.670.730.91
0.730.850.670.890.440.73-0.30.840.430.640.50.720.890.450.25-0.710.740.540.77-0.220.840.69-0.710.20.46
-0.81-0.91-0.8-0.76-0.56-0.860.33-0.86-0.54-0.61-0.6-0.85-0.84-0.480.061.0-0.93-0.17-0.830.19-0.89-0.67-0.71-0.3-0.63
0.740.460.320.540.910.70.60.130.910.740.830.720.380.86-0.55-0.30.520.590.66-0.370.550.730.2-0.30.9
0.930.710.570.770.990.890.460.40.990.880.950.910.650.94-0.45-0.630.760.610.87-0.390.80.910.46-0.630.9
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Thirumalai Chemicals Account Relationship Matchups

Thirumalai Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.0B13.4B18.6B23.6B33.2B34.9B
Short Long Term Debt Total2.0B1.8B1.7B5.1B12.5B13.1B
Other Current Liab224.7M333.6M296.1M652.8M1.5B1.6B
Total Current Liabilities3.0B3.0B5.6B8.7B10.3B10.8B
Total Stockholder Equity6.4B8.0B10.9B11.9B11.5B12.0B
Property Plant And Equipment Net6.4B6.4B6.8B10.8B19.1B20.1B
Current Deferred Revenue251.3M463.5M623.9M609.5M33.7M32.0M
Net Debt(52.4M)(438.8M)(2.6B)1.6B8.5B8.9B
Retained Earnings4.3B5.5B8.0B8.7B8.1B8.6B
Accounts Payable2.6B2.3B4.6B5.0B5.2B5.4B
Cash2.0B2.3B4.2B3.5B4.1B4.3B
Non Current Assets Total7.0B7.7B8.3B13.1B21.9B23.0B
Non Currrent Assets Other20.5M4.8M5.2M878.8M1.4B1.4B
Cash And Short Term Investments2.1B3.2B5.5B5.5B4.5B4.7B
Net Receivables1.1B894.5M1.6B1.0B1.8B1.4B
Liabilities And Stockholders Equity12.0B13.4B18.6B23.6B33.2B34.9B
Non Current Liabilities Total2.6B2.4B2.2B3.0B11.5B12.0B
Inventory1.5B1.3B2.4B3.2B2.5B1.8B
Other Current Assets531.3M304.9M799.3M1.7B2.5B2.7B
Total Liab5.6B5.4B7.8B11.7B21.7B22.8B
Total Current Assets5.0B5.7B10.3B10.5B11.3B11.9B
Accumulated Other Comprehensive Income(1.3B)2.3B2.5B2.9B3.0B3.2B
Short Term Debt101.3M111.4M277.7M3.0B3.6B3.8B
Other Liab769.4M813.2M840.1M886M1.0B645.0M
Net Tangible Assets6.7B6.4B8.0B10.8B12.5B13.1B
Other Assets194.8M159.9M420.3M186.4M214.4M297.7M
Long Term Debt1.8B1.6B1.4B1.5B8.1B8.5B
Short Long Term Debt131.4M245.5M255.5M2.9B3.5B3.7B
Property Plant Equipment6.3B6.4B6.6B10.8B12.4B13.0B
Long Term Debt Total1.8B1.6B1.4B2.1B2.5B2.6B
Short Term Investments78.7M983.1M1.3B2.0B431M788.2M
Intangible Assets3.2M1.2M600K1.9M1.7M1.6M
Net Invested Capital8.4B8.0B12.5B16.3B23.1B12.9B
Net Working Capital2.0B2.7B4.8B1.9B1.0B997.4M
Cash And Equivalents1.7B938M2.4B1.0B1.2B1.4B

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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.