UltraTech Operating Income vs Reconciled Depreciation Analysis

ULTRACEMCO

11,202 136.15 1.23%

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

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UltraTech Cement Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.

The correlation between UltraTech Cement's Operating Income and Reconciled Depreciation is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of UltraTech Cement Limited, assuming nothing else is changed. The correlation between historical values of UltraTech Cement's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of UltraTech Cement Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., UltraTech Cement's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Operating Income

Operating Income is the amount of profit realized from UltraTech Cement operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of UltraTech Cement Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

Most indicators from UltraTech Cement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UltraTech Cement 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 UltraTech Cement 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 nation.

As of November 30, 2024, Selling General Administrative is expected to decline to about 1.7 B. In addition to that, Tax Provision is expected to decline to about 14.9 B

	2021	2022	2023	2024 (projected)
Interest Expense	8.9B	8.2B	9.6B	6.8B
Depreciation And Amortization	27.0B	28.8B	31.7B	33.2B

Interest Expense Depreciation And Amortization

UltraTech Cement fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	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	Non Currrent Assets Other	Intangible Assets	Current Deferred Revenue
Total Assets		0.53	0.95	0.98	0.98	0.99	0.53	0.51	0.9	-0.04	1.0	0.59	0.73	0.94	0.85	0.63	0.92	0.7	0.37	0.83	0.95	0.74	0.59	0.41	0.7	0.43
Short Long Term Debt Total	0.53		0.25	0.37	0.36	0.59	1.0	0.15	0.15	-0.04	0.56	0.39	0.79	0.43	0.19	0.98	0.22	0.11	-0.05	0.8	0.39	0.65	0.45	0.58	-0.06	0.55
Other Current Liab	0.95	0.25		0.98	0.98	0.91	0.27	0.54	0.97	-0.03	0.93	0.56	0.54	0.9	0.89	0.37	0.97	0.77	0.43	0.67	0.95	0.62	0.53	0.26	0.83	0.27
Total Current Liabilities	0.98	0.37	0.98		0.99	0.95	0.37	0.49	0.94	0.05	0.97	0.56	0.64	0.92	0.87	0.46	0.96	0.74	0.48	0.74	0.95	0.71	0.56	0.3	0.79	0.32
Total Stockholder Equity	0.98	0.36	0.98	0.99		0.96	0.37	0.53	0.95	-0.04	0.97	0.57	0.64	0.94	0.88	0.48	0.96	0.74	0.41	0.75	0.96	0.68	0.57	0.33	0.78	0.37
Property Plant And Equipment Net	0.99	0.59	0.91	0.95	0.96		0.6	0.49	0.86	-0.05	1.0	0.54	0.75	0.92	0.82	0.68	0.89	0.64	0.36	0.86	0.92	0.75	0.59	0.4	0.64	0.44
Net Debt	0.53	1.0	0.27	0.37	0.37	0.6		0.16	0.16	-0.14	0.56	0.4	0.78	0.45	0.21	0.98	0.23	0.11	-0.1	0.81	0.4	0.63	0.44	0.61	-0.06	0.56
Retained Earnings	0.51	0.15	0.54	0.49	0.53	0.49	0.16		0.55	-0.11	0.5	0.38	0.47	0.49	0.36	0.27	0.52	0.34	0.09	0.48	0.52	0.3	0.59	0.27	0.42	0.26
Accounts Payable	0.9	0.15	0.97	0.94	0.95	0.86	0.16	0.55		-0.06	0.89	0.45	0.52	0.86	0.88	0.27	0.98	0.68	0.49	0.58	0.9	0.49	0.49	0.14	0.88	0.2
Cash	-0.04	-0.04	-0.03	0.05	-0.04	-0.05	-0.14	-0.11	-0.06		-0.04	-0.03	-0.03	-0.12	-0.13	-0.15	0.0	0.13	0.39	-0.04	-0.03	0.3	0.15	-0.21	0.02	-0.18
Non Current Assets Total	1.0	0.56	0.93	0.97	0.97	1.0	0.56	0.5	0.89	-0.04		0.55	0.75	0.94	0.84	0.65	0.91	0.65	0.36	0.85	0.92	0.74	0.58	0.4	0.69	0.45
Cash And Short Term Investments	0.59	0.39	0.56	0.56	0.57	0.54	0.4	0.38	0.45	-0.03	0.55		0.55	0.6	0.42	0.47	0.39	0.77	-0.13	0.66	0.73	0.74	0.53	0.81	0.25	0.54
Net Receivables	0.73	0.79	0.54	0.64	0.64	0.75	0.78	0.47	0.52	-0.03	0.75	0.55		0.66	0.36	0.84	0.54	0.32	0.12	0.91	0.65	0.68	0.6	0.56	0.35	0.65
Good Will	0.94	0.43	0.9	0.92	0.94	0.92	0.45	0.49	0.86	-0.12	0.94	0.6	0.66		0.89	0.56	0.85	0.65	0.23	0.78	0.89	0.74	0.45	0.48	0.65	0.51
Common Stock Shares Outstanding	0.85	0.19	0.89	0.87	0.88	0.82	0.21	0.36	0.88	-0.13	0.84	0.42	0.36	0.89		0.3	0.86	0.66	0.37	0.48	0.83	0.5	0.24	0.22	0.73	0.21
Non Current Liabilities Total	0.63	0.98	0.37	0.46	0.48	0.68	0.98	0.27	0.27	-0.15	0.65	0.47	0.84	0.56	0.3		0.32	0.19	-0.09	0.88	0.49	0.68	0.49	0.65	0.04	0.62
Inventory	0.92	0.22	0.97	0.96	0.96	0.89	0.23	0.52	0.98	0.0	0.91	0.39	0.54	0.85	0.86	0.32		0.64	0.57	0.61	0.89	0.52	0.54	0.09	0.87	0.17
Other Current Assets	0.7	0.11	0.77	0.74	0.74	0.64	0.11	0.34	0.68	0.13	0.65	0.77	0.32	0.65	0.66	0.19	0.64		0.31	0.47	0.85	0.62	0.4	0.37	0.53	0.17
Other Stockholder Equity	0.37	-0.05	0.43	0.48	0.41	0.36	-0.1	0.09	0.49	0.39	0.36	-0.13	0.12	0.23	0.37	-0.09	0.57	0.31		0.06	0.4	0.07	0.28	-0.54	0.56	-0.53
Total Liab	0.83	0.8	0.67	0.74	0.75	0.86	0.81	0.48	0.58	-0.04	0.85	0.66	0.91	0.78	0.48	0.88	0.61	0.47	0.06		0.74	0.86	0.67	0.66	0.34	0.66
Total Current Assets	0.95	0.39	0.95	0.95	0.96	0.92	0.4	0.52	0.9	-0.03	0.92	0.73	0.65	0.89	0.83	0.49	0.89	0.85	0.4	0.74		0.7	0.62	0.43	0.72	0.33
Short Term Debt	0.74	0.65	0.62	0.71	0.68	0.75	0.63	0.3	0.49	0.3	0.74	0.74	0.68	0.74	0.5	0.68	0.52	0.62	0.07	0.86	0.7		0.59	0.66	0.24	0.57
Common Stock	0.59	0.45	0.53	0.56	0.57	0.59	0.44	0.59	0.49	0.15	0.58	0.53	0.6	0.45	0.24	0.49	0.54	0.4	0.28	0.67	0.62	0.59		0.38	0.26	0.24
Non Currrent Assets Other	0.41	0.58	0.26	0.3	0.33	0.4	0.61	0.27	0.14	-0.21	0.4	0.81	0.56	0.48	0.22	0.65	0.09	0.37	-0.54	0.66	0.43	0.66	0.38		-0.14	0.85
Intangible Assets	0.7	-0.06	0.83	0.79	0.78	0.64	-0.06	0.42	0.88	0.02	0.69	0.25	0.35	0.65	0.73	0.04	0.87	0.53	0.56	0.34	0.72	0.24	0.26	-0.14		0.01
Current Deferred Revenue	0.43	0.55	0.27	0.32	0.37	0.44	0.56	0.26	0.2	-0.18	0.45	0.54	0.65	0.51	0.21	0.62	0.17	0.17	-0.53	0.66	0.33	0.57	0.24	0.85	0.01

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UltraTech Cement Account Relationship Matchups

UltraTech Cement fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	793.4B	861.8B	838.3B	913.9B	1.0T	1.1T
Short Long Term Debt Total	230.6B	207.2B	103.0B	110.6B	114.0B	101.3B
Other Current Liab	59.6B	76.1B	82.5B	97.5B	112.9B	118.6B
Total Current Liabilities	161.4B	203.5B	201.6B	234.3B	269.1B	282.5B
Total Stockholder Equity	391.2B	441.7B	504.4B	543.2B	602.3B	632.4B
Property Plant And Equipment Net	514.0B	506.1B	537.5B	517.1B	605.1B	635.4B
Net Debt	229.1B	205.4B	101.8B	106.9B	108.5B	97.3B
Retained Earnings	60.1B	65.7B	80.5B	90.5B	99.2B	58.3B
Accounts Payable	33.6B	45.5B	58.6B	72.1B	84.8B	89.0B
Cash	1.5B	1.8B	1.2B	3.7B	5.5B	3.3B
Non Current Assets Total	654.1B	631.3B	663.5B	706.6B	776.6B	815.4B
Cash And Short Term Investments	46.5B	131.8B	56.2B	84.2B	60.8B	37.6B
Net Receivables	37.3B	45.7B	30.7B	47.4B	42.8B	23.8B
Good Will	62.5B	62.2B	62.5B	63.3B	63.5B	66.6B
Common Stock Shares Outstanding	288.5M	288.6M	288.5M	288.5M	288.4M	305.8M
Liabilities And Stockholders Equity	793.4B	861.8B	838.3B	913.9B	1.0T	1.1T
Non Current Liabilities Total	240.7B	216.6B	132.4B	136.9B	136.1B	109.0B
Inventory	41.5B	40.2B	56.0B	66.1B	83.3B	87.5B
Other Current Assets	7.7B	58.6B	36.7B	34.4B	44.6B	46.8B
Other Stockholder Equity	53.7B	53.9B	53.2B	52.3B	494.7B	519.4B
Total Liab	402.1B	420.0B	334.0B	371.2B	405.2B	213.6B
Total Current Assets	139.3B	230.5B	174.8B	207.2B	231.4B	243.0B
Accumulated Other Comprehensive Income	274.5B	319.2B	367.7B	397.6B	5.4B	5.2B
Short Term Debt	57.5B	70.5B	50.2B	46.9B	51.5B	30.1B
Common Stock	2.9B	2.9B	2.9B	2.9B	3.3B	2.6B
Non Currrent Assets Other	109.4B	177.4B	106.5B	117.4B	13.6B	12.9B
Intangible Assets	2.5B	2.7B	2.7B	55.8B	55.2B	57.9B
Current Deferred Revenue	39.6B	43.9B	48.5B	63.5B	630.7M	599.2M
Short Term Investments	45.0B	130.0B	55.0B	80.5B	57.0B	52.8B
Other Liab	65.9B	51.6B	64.1B	69.6B	80.0B	48.6B
Net Tangible Assets	217.4B	271.6B	323.8B	387.1B	445.2B	268.6B
Other Assets	44.7B	35.8B	46.6B	32.7B	1.0	0.95
Long Term Debt	173.7B	135.5B	53.0B	53.6B	53.1B	105.7B
Short Long Term Debt	39.9B	42.4B	49.0B	45.4B	49.9B	44.5B
Property Plant Equipment	461.9B	453.1B	485.5B	517.1B	594.6B	406.0B
Long Term Debt Total	184.2B	146.7B	62.8B	63.7B	73.2B	128.6B
Non Current Liabilities Other	62.8M	55.3M	46.3M	1.2B	35.3M	33.5M
Net Invested Capital	604.7B	619.6B	606.4B	642.3B	705.3B	652.0B

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

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UltraTech Operating Income vs Reconciled Depreciation Analysis

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Operating Income

Reconciled Depreciation

UltraTech Cement fundamental ratios Correlations

UltraTech Cement Account Relationship Matchups

High Positive Relationship

High Negative Relationship

UltraTech Cement fundamental ratios Accounts

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Other Information on Investing in UltraTech Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets

Non Currrent Assets Other	- 0.54	Other Stockholder Equity
Current Deferred Revenue	- 0.53	Other Stockholder Equity
Non Currrent Assets Other	- 0.21	Cash
Current Deferred Revenue	- 0.18	Cash
Non Current Liabilities Total	- 0.15	Cash
Intangible Assets	- 0.14	Non Currrent Assets Other