United Depreciation And Amortization vs Net Receivables Analysis

UNITDSPR   1,284  50.95  3.82%   
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 Depreciation And Amortization and its Net Receivables 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.

Depreciation And Amortization vs Net Receivables

Depreciation And Amortization vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Depreciation And Amortization account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between United Spirits' Depreciation And Amortization and Net Receivables is -0.17. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Receivables 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' Depreciation And Amortization and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of United Spirits Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Depreciation And Amortization i.e., United Spirits' Depreciation And Amortization and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Receivables

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 03/01/2025, Selling General Administrative is likely to grow to about 2.6 B, while Tax Provision is likely to drop slightly above 2.9 B.
 2022 2023 2024 2025 (projected)
Interest Expense1.0B760M684M1.1B
Depreciation And Amortization2.8B2.8B3.2B3.0B

United Spirits fundamental ratios Correlations

-0.46-0.910.610.250.2-0.77-0.82-0.2-0.77-0.74-0.880.740.86-0.910.940.96-0.930.960.96-0.98-0.68-0.720.970.95-0.91
-0.460.39-0.98-0.95-0.290.20.770.240.910.910.73-0.92-0.840.38-0.61-0.550.46-0.42-0.420.480.130.18-0.6-0.450.53
-0.910.39-0.51-0.1-0.060.70.830.220.730.710.91-0.72-0.790.97-0.92-0.770.99-0.95-0.930.930.680.88-0.9-0.920.95
0.61-0.98-0.510.90.37-0.33-0.82-0.3-0.95-0.95-0.80.950.92-0.490.730.71-0.570.560.56-0.62-0.22-0.270.730.59-0.65
0.25-0.95-0.10.90.3-0.04-0.57-0.15-0.74-0.76-0.50.760.67-0.10.370.42-0.190.170.19-0.260.050.130.390.21-0.27
0.2-0.29-0.060.370.30.060.05-0.9-0.19-0.15-0.090.190.250.090.30.35-0.010.150.07-0.110.39-0.130.270.3-0.34
-0.770.20.7-0.33-0.040.060.61-0.150.520.510.63-0.47-0.540.82-0.57-0.740.74-0.75-0.730.720.940.59-0.61-0.640.57
-0.820.770.83-0.82-0.570.050.610.010.950.950.97-0.95-0.940.85-0.87-0.780.89-0.81-0.820.860.620.56-0.87-0.760.81
-0.20.240.22-0.3-0.15-0.9-0.150.010.20.160.18-0.21-0.250.02-0.38-0.230.14-0.21-0.10.13-0.410.33-0.31-0.360.47
-0.770.910.73-0.95-0.74-0.190.520.950.21.00.95-1.0-0.980.73-0.85-0.780.79-0.75-0.750.80.460.51-0.85-0.750.8
-0.740.910.71-0.95-0.76-0.150.510.950.161.00.94-1.0-0.970.71-0.82-0.760.77-0.73-0.730.770.460.49-0.82-0.720.76
-0.880.730.91-0.8-0.5-0.090.630.970.180.950.94-0.94-0.960.9-0.93-0.810.94-0.89-0.880.910.610.72-0.92-0.870.91
0.74-0.92-0.720.950.760.19-0.47-0.95-0.21-1.0-1.0-0.940.97-0.710.840.76-0.770.730.73-0.77-0.42-0.490.840.73-0.79
0.86-0.84-0.790.920.670.25-0.54-0.94-0.25-0.98-0.97-0.960.97-0.770.920.87-0.840.830.84-0.88-0.46-0.560.930.84-0.87
-0.910.380.97-0.49-0.10.090.820.850.020.730.710.9-0.71-0.77-0.86-0.780.98-0.95-0.940.930.830.84-0.86-0.880.87
0.94-0.61-0.920.730.370.3-0.57-0.87-0.38-0.85-0.82-0.930.840.92-0.860.89-0.930.920.91-0.94-0.48-0.720.990.94-0.98
0.96-0.55-0.770.710.420.35-0.74-0.78-0.23-0.78-0.76-0.810.760.87-0.780.89-0.820.880.88-0.91-0.59-0.550.930.87-0.83
-0.930.460.99-0.57-0.19-0.010.740.890.140.790.770.94-0.77-0.840.98-0.93-0.82-0.96-0.950.950.730.83-0.92-0.920.93
0.96-0.42-0.950.560.170.15-0.75-0.81-0.21-0.75-0.73-0.890.730.83-0.950.920.88-0.960.99-0.98-0.69-0.860.930.98-0.94
0.96-0.42-0.930.560.190.07-0.73-0.82-0.1-0.75-0.73-0.880.730.84-0.940.910.88-0.950.99-0.99-0.69-0.810.930.97-0.9
-0.980.480.93-0.62-0.26-0.110.720.860.130.80.770.91-0.77-0.880.93-0.94-0.910.95-0.98-0.990.680.76-0.96-0.960.91
-0.680.130.68-0.220.050.390.940.62-0.410.460.460.61-0.42-0.460.83-0.48-0.590.73-0.69-0.690.680.55-0.52-0.540.47
-0.720.180.88-0.270.13-0.130.590.560.330.510.490.72-0.49-0.560.84-0.72-0.550.83-0.86-0.810.760.55-0.69-0.860.83
0.97-0.6-0.90.730.390.27-0.61-0.87-0.31-0.85-0.82-0.920.840.93-0.860.990.93-0.920.930.93-0.96-0.52-0.690.95-0.95
0.95-0.45-0.920.590.210.3-0.64-0.76-0.36-0.75-0.72-0.870.730.84-0.880.940.87-0.920.980.97-0.96-0.54-0.860.95-0.96
-0.910.530.95-0.65-0.27-0.340.570.810.470.80.760.91-0.79-0.870.87-0.98-0.830.93-0.94-0.90.910.470.83-0.95-0.96
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United Spirits Account Relationship Matchups

United Spirits fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab14.4B12.6B11.5B11.3B10.2B10.2B
Net Debt9.6B5.5B680M(7.9B)(9.1B)(8.6B)
Accounts Payable10.7B12.8B17.5B19.5B22.5B15.9B
Cash778M545M1.2B10.5B9.5B5.8B
Cash And Short Term Investments778M2.8B11.3B18.6B21.4B12.4B
Net Receivables21.9B23.7B(10M)30.6B27.5B15.8B
Non Current Liabilities Total1.4B2.0B1.4B2.3B2.6B1.6B
Other Current Assets4.9B3.6B28.7B4.0B4.6B4.3B
Total Liab44.8B40.4B37.6B41.3B47.5B36.2B
Total Current Assets48.0B51.6B62.4B73.8B84.8B56.9B
Short Term Debt9.4B4.7B1.0B1.3B1.2B1.1B

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