Tamilnad Short Long Term Debt Total vs Short Term Debt Analysis

TMB Stock   473.35  1.05  0.22%   
Tamilnad Mercantile financial indicator trend analysis is much more than just breaking down Tamilnad Mercantile Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamilnad Mercantile Bank is a good investment. Please check the relationship between Tamilnad Mercantile Short Long Term Debt Total and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamilnad Mercantile Bank. 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.

Short Long Term Debt Total vs Short Term Debt

Short Long Term Debt Total vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamilnad Mercantile Bank Short Long Term Debt Total account and Short Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tamilnad Mercantile's Short Long Term Debt Total and Short Term Debt is 0.92. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Tamilnad Mercantile Bank, assuming nothing else is changed. The correlation between historical values of Tamilnad Mercantile's Short Long Term Debt Total and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Tamilnad Mercantile Bank are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Short Long Term Debt Total i.e., Tamilnad Mercantile's Short Long Term Debt Total and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Short Term Debt

Most indicators from Tamilnad Mercantile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamilnad Mercantile Bank 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 Tamilnad Mercantile Bank. 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 Tax Provision is expected to grow to about 3.6 B, whereas Selling General Administrative is forecasted to decline to about 27.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit26.4B27.2B28.0B17.9B
Total Revenue26.4B27.2B28.0B20.2B

Tamilnad Mercantile fundamental ratios Correlations

0.460.970.91-0.85-0.690.880.24-0.040.110.730.650.040.290.60.660.840.58-0.27-0.80.46-0.64-0.80.74-0.140.82
0.460.490.48-0.44-0.480.290.740.57-0.750.670.71-0.360.190.380.860.340.90.62-0.30.91-0.85-0.650.710.110.62
0.970.490.95-0.82-0.670.850.23-0.040.010.720.74-0.150.220.660.650.760.63-0.18-0.760.53-0.7-0.870.77-0.050.92
0.910.480.95-0.71-0.490.720.330.110.00.60.75-0.130.010.590.550.640.64-0.04-0.60.54-0.73-0.90.73-0.130.92
-0.85-0.44-0.82-0.710.86-0.96-0.040.290.04-0.89-0.60.12-0.45-0.47-0.75-0.69-0.510.350.97-0.510.670.77-0.770.3-0.74
-0.69-0.48-0.67-0.490.86-0.850.090.360.05-0.78-0.490.23-0.72-0.55-0.75-0.59-0.390.350.83-0.380.50.58-0.60.15-0.58
0.880.290.850.72-0.96-0.85-0.09-0.390.150.810.49-0.030.480.50.650.740.37-0.52-0.930.32-0.5-0.690.65-0.270.7
0.240.740.230.33-0.040.09-0.090.94-0.620.340.430.1-0.170.00.530.210.760.740.080.69-0.57-0.320.370.20.29
-0.040.57-0.040.110.290.36-0.390.94-0.560.010.20.15-0.31-0.120.25-0.010.550.820.410.49-0.33-0.070.120.240.05
0.11-0.750.010.00.040.050.15-0.62-0.56-0.38-0.40.50.040.05-0.540.2-0.65-0.83-0.07-0.790.60.28-0.39-0.25-0.25
0.730.670.720.6-0.89-0.780.810.340.01-0.380.67-0.190.420.280.930.630.74-0.04-0.830.69-0.75-0.710.7-0.090.67
0.650.710.740.75-0.6-0.490.490.430.2-0.40.67-0.590.010.50.680.390.860.28-0.530.8-0.88-0.850.690.260.87
0.04-0.36-0.15-0.130.120.23-0.030.10.150.5-0.19-0.590.08-0.29-0.230.23-0.37-0.350.08-0.460.470.41-0.26-0.32-0.44
0.290.190.220.01-0.45-0.720.48-0.17-0.310.040.420.010.080.040.440.310.04-0.4-0.490.010.010.020.150.130.03
0.60.380.660.59-0.47-0.550.50.0-0.120.050.280.5-0.290.040.320.430.27-0.08-0.420.33-0.5-0.660.63-0.160.69
0.660.860.650.55-0.75-0.750.650.530.25-0.540.930.68-0.230.440.320.580.840.21-0.640.78-0.79-0.670.690.00.64
0.840.340.760.64-0.69-0.590.740.21-0.010.20.630.390.230.310.430.580.44-0.32-0.650.26-0.38-0.490.48-0.10.51
0.580.90.630.64-0.51-0.390.370.760.55-0.650.740.86-0.370.040.270.840.440.53-0.40.92-0.89-0.720.680.240.72
-0.270.62-0.18-0.040.350.35-0.520.740.82-0.83-0.040.28-0.35-0.4-0.080.21-0.320.530.480.61-0.43-0.120.170.280.1
-0.8-0.3-0.76-0.60.970.83-0.930.080.41-0.07-0.83-0.530.08-0.49-0.42-0.64-0.65-0.40.48-0.40.550.65-0.680.19-0.64
0.460.910.530.54-0.51-0.380.320.690.49-0.790.690.8-0.460.010.330.780.260.920.61-0.4-0.95-0.750.810.10.71
-0.64-0.85-0.7-0.730.670.5-0.5-0.57-0.330.6-0.75-0.880.470.01-0.5-0.79-0.38-0.89-0.430.55-0.950.91-0.890.05-0.87
-0.8-0.65-0.87-0.90.770.58-0.69-0.32-0.070.28-0.71-0.850.410.02-0.66-0.67-0.49-0.72-0.120.65-0.750.91-0.880.22-0.97
0.740.710.770.73-0.77-0.60.650.370.12-0.390.70.69-0.260.150.630.690.480.680.17-0.680.81-0.89-0.88-0.250.85
-0.140.11-0.05-0.130.30.15-0.270.20.24-0.25-0.090.26-0.320.13-0.160.0-0.10.240.280.190.10.050.22-0.25-0.05
0.820.620.920.92-0.74-0.580.70.290.05-0.250.670.87-0.440.030.690.640.510.720.1-0.640.71-0.87-0.970.85-0.05
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Tamilnad Mercantile Account Relationship Matchups

Tamilnad Mercantile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets427.6B475.3B528.6B579.0B615.5B452.0B
Total Current Liabilities2.5B2.4B1.4B1.5B150.6B158.2B
Total Stockholder Equity39.8B45.8B53.4B69.3B79.2B44.8B
Property Plant And Equipment Net1.3B1.4B2.1B2.5B2.7B1.8B
Net Debt(34.1B)(27.0B)(38.5B)(30.6B)(35.7B)(33.9B)
Retained Earnings507.1M799.9M2.3B1.2B2.2B2.1B
Cash37.4B27.1B38.5B35.8B35.7B19.9B
Non Current Assets Total96.0B1.4B2.1B2.5B579.8B608.8B
Non Currrent Assets Other(96.0B)(117.0B)(130.4B)(141.6B)424.5B445.7B
Cash And Short Term Investments37.4B12.9B21.0B19.6B35.7B37.5B
Non Current Liabilities Total288.8B307.5B333.0B5.3B13.0B12.4B
Total Liab2.5B429.5B475.2B509.7B536.3B311.8B
Total Current Assets43.1B12.9B21.0B19.6B57.9B60.8B
Short Long Term Debt Total3.2B820K892K5.3B13.0B13.7B
Liabilities And Stockholders Equity427.6B475.3B528.6B579.0B615.5B403.8B
Accumulated Other Comprehensive Income37.9B43.6B49.7B67.7B67.7B71.1B
Other Current Liab(4.9B)(4.8B)(2.9B)(2.9B)149.7B157.2B
Other Current Assets5.5B7.6B10.4B10.7B14.0B11.7B
Short Term Debt1.3M820K892K549K13.0B13.7B

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Other Information on Investing in Tamilnad Stock

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