United Current Deferred Revenue vs Short Term Investments Analysis

UNITDSPR   1,529  26.35  1.75%   
United Spirits financial indicator trend analysis is much more than just breaking down United Spirits prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether United Spirits is a good investment. Please check the relationship between United Spirits Current Deferred Revenue and its Short Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Spirits 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 unemployment.

Current Deferred Revenue vs Short Term Investments

Current Deferred Revenue vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Current Deferred Revenue account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between United Spirits' Current Deferred Revenue and Short Term Investments is -0.86. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of United Spirits Limited, assuming nothing else is changed. The correlation between historical values of United Spirits' Current Deferred Revenue and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of United Spirits Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Current Deferred Revenue i.e., United Spirits' Current Deferred Revenue and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Short Term Investments

Short Term Investments is an item under the current assets section of United Spirits balance sheet. It contains any investments United Spirits Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that United Spirits can easily liquidate in the marketplace.
Most indicators from United Spirits' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Spirits 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 United Spirits 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 unemployment.
As of 11/30/2024, Selling General Administrative is likely to grow to about 2.6 B, while Tax Provision is likely to drop slightly above 2.9 B.
 2021 2022 2023 2024 (projected)
Interest Expense880M1.0B760M1.1B
Depreciation And Amortization3.0B2.8B2.8B3.0B

United Spirits fundamental ratios Correlations

-0.48-0.890.620.360.4-0.75-0.75-0.28-0.71-0.68-0.820.690.84-0.920.930.96-0.920.950.95-0.97-0.5-0.590.970.94-0.88
-0.480.42-0.98-0.97-0.330.250.850.250.950.950.82-0.94-0.870.44-0.62-0.560.52-0.43-0.430.50.040.12-0.61-0.450.55
-0.890.42-0.53-0.23-0.310.80.740.40.680.640.86-0.69-0.790.95-0.95-0.740.98-0.94-0.920.930.250.8-0.93-0.950.96
0.62-0.98-0.530.940.43-0.33-0.88-0.32-0.97-0.97-0.870.960.93-0.540.730.7-0.620.560.55-0.62-0.11-0.20.730.58-0.66
0.36-0.97-0.230.940.29-0.12-0.76-0.14-0.87-0.88-0.690.850.77-0.280.470.5-0.350.280.28-0.36-0.070.080.480.28-0.37
0.4-0.33-0.310.430.290.2-0.1-0.89-0.32-0.28-0.290.290.38-0.150.460.5-0.240.360.23-0.270.36-0.350.420.46-0.55
-0.750.250.8-0.33-0.120.20.68-0.20.530.520.7-0.54-0.620.93-0.67-0.60.85-0.84-0.90.870.710.64-0.72-0.770.63
-0.750.850.74-0.88-0.76-0.10.680.070.960.950.96-0.96-0.950.79-0.83-0.730.84-0.72-0.750.810.350.34-0.85-0.690.73
-0.280.250.4-0.32-0.14-0.89-0.20.070.260.210.29-0.26-0.30.15-0.47-0.280.28-0.31-0.170.2-0.620.49-0.38-0.440.6
-0.710.950.68-0.97-0.87-0.320.530.960.261.00.96-1.0-0.980.7-0.82-0.740.77-0.69-0.690.750.220.35-0.82-0.690.75
-0.680.950.64-0.97-0.88-0.280.520.950.211.00.94-1.0-0.960.68-0.78-0.70.74-0.66-0.670.720.230.33-0.79-0.660.71
-0.820.820.86-0.87-0.69-0.290.70.960.290.960.94-0.96-0.980.87-0.92-0.770.92-0.84-0.840.880.270.56-0.92-0.840.88
0.69-0.94-0.690.960.850.29-0.54-0.96-0.26-1.0-1.0-0.960.97-0.710.820.7-0.780.690.69-0.74-0.19-0.370.810.69-0.75
0.84-0.87-0.790.930.770.38-0.62-0.95-0.3-0.98-0.96-0.980.97-0.810.910.85-0.870.810.81-0.86-0.29-0.450.920.81-0.85
-0.920.440.95-0.54-0.28-0.150.930.790.150.70.680.87-0.71-0.81-0.89-0.790.98-0.97-0.990.980.520.74-0.92-0.940.87
0.93-0.62-0.950.730.470.46-0.67-0.83-0.47-0.82-0.78-0.920.820.91-0.890.86-0.960.910.88-0.93-0.2-0.640.990.93-0.97
0.96-0.56-0.740.70.50.5-0.6-0.73-0.28-0.74-0.7-0.770.70.85-0.790.86-0.810.860.85-0.89-0.5-0.410.920.85-0.79
-0.920.520.98-0.62-0.35-0.240.850.840.280.770.740.92-0.78-0.870.98-0.96-0.81-0.96-0.960.970.380.72-0.96-0.950.93
0.95-0.43-0.940.560.280.36-0.84-0.72-0.31-0.69-0.66-0.840.690.81-0.970.910.86-0.960.99-0.98-0.47-0.790.930.99-0.91
0.95-0.43-0.920.550.280.23-0.9-0.75-0.17-0.69-0.67-0.840.690.81-0.990.880.85-0.960.99-0.99-0.57-0.730.920.96-0.86
-0.970.50.93-0.62-0.36-0.270.870.810.20.750.720.88-0.74-0.860.98-0.93-0.890.97-0.98-0.990.530.68-0.96-0.960.89
-0.50.040.25-0.11-0.070.360.710.35-0.620.220.230.27-0.19-0.290.52-0.2-0.50.38-0.47-0.570.530.09-0.33-0.350.1
-0.590.120.8-0.20.08-0.350.640.340.490.350.330.56-0.37-0.450.74-0.64-0.410.72-0.79-0.730.680.09-0.6-0.830.77
0.97-0.61-0.930.730.480.42-0.72-0.85-0.38-0.82-0.79-0.920.810.92-0.920.990.92-0.960.930.92-0.96-0.33-0.60.93-0.95
0.94-0.45-0.950.580.280.46-0.77-0.69-0.44-0.69-0.66-0.840.690.81-0.940.930.85-0.950.990.96-0.96-0.35-0.830.93-0.95
-0.880.550.96-0.66-0.37-0.550.630.730.60.750.710.88-0.75-0.850.87-0.97-0.790.93-0.91-0.860.890.10.77-0.95-0.95
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United Spirits Account Relationship Matchups

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