United Net Receivables vs Depreciation And Amortization 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 Net Receivables and its Depreciation And Amortization 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.

Net Receivables vs Depreciation And Amortization

Net Receivables vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Net Receivables account and Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between United Spirits' Net Receivables and Depreciation And Amortization is -0.31. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Depreciation And Amortization 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' Net Receivables and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of United Spirits Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Receivables i.e., United Spirits' Net Receivables and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

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.

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 Expense	880M	1.0B	760M	1.1B
Depreciation And Amortization	3.0B	2.8B	2.8B	3.0B

Interest Expense Depreciation And Amortization

United Spirits fundamental ratios Correlations

	Other Current Liab	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Other	Short Term Debt	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Good Will	Short Term Investments
Other Current Liab		-0.48	-0.89	0.62	0.36	0.4	-0.75	-0.75	-0.28	-0.71	-0.68	-0.82	0.69	0.84	-0.92	0.93	0.96	-0.92	0.95	0.95	-0.97	-0.5	-0.59	0.97	0.94	-0.88
Net Debt	-0.48		0.42	-0.98	-0.97	-0.33	0.25	0.85	0.25	0.95	0.95	0.82	-0.94	-0.87	0.44	-0.62	-0.56	0.52	-0.43	-0.43	0.5	0.04	0.12	-0.61	-0.45	0.55
Accounts Payable	-0.89	0.42		-0.53	-0.23	-0.31	0.8	0.74	0.4	0.68	0.64	0.86	-0.69	-0.79	0.95	-0.95	-0.74	0.98	-0.94	-0.92	0.93	0.25	0.8	-0.93	-0.95	0.96
Cash	0.62	-0.98	-0.53		0.94	0.43	-0.33	-0.88	-0.32	-0.97	-0.97	-0.87	0.96	0.93	-0.54	0.73	0.7	-0.62	0.56	0.55	-0.62	-0.11	-0.2	0.73	0.58	-0.66
Cash And Short Term Investments	0.36	-0.97	-0.23	0.94		0.29	-0.12	-0.76	-0.14	-0.87	-0.88	-0.69	0.85	0.77	-0.28	0.47	0.5	-0.35	0.28	0.28	-0.36	-0.07	0.08	0.48	0.28	-0.37
Net Receivables	0.4	-0.33	-0.31	0.43	0.29		0.2	-0.1	-0.89	-0.32	-0.28	-0.29	0.29	0.38	-0.15	0.46	0.5	-0.24	0.36	0.23	-0.27	0.36	-0.35	0.42	0.46	-0.55
Common Stock Shares Outstanding	-0.75	0.25	0.8	-0.33	-0.12	0.2		0.68	-0.2	0.53	0.52	0.7	-0.54	-0.62	0.93	-0.67	-0.6	0.85	-0.84	-0.9	0.87	0.71	0.64	-0.72	-0.77	0.63
Non Current Liabilities Total	-0.75	0.85	0.74	-0.88	-0.76	-0.1	0.68		0.07	0.96	0.95	0.96	-0.96	-0.95	0.79	-0.83	-0.73	0.84	-0.72	-0.75	0.81	0.35	0.34	-0.85	-0.69	0.73
Other Current Assets	-0.28	0.25	0.4	-0.32	-0.14	-0.89	-0.2	0.07		0.26	0.21	0.29	-0.26	-0.3	0.15	-0.47	-0.28	0.28	-0.31	-0.17	0.2	-0.62	0.49	-0.38	-0.44	0.6
Other Stockholder Equity	-0.71	0.95	0.68	-0.97	-0.87	-0.32	0.53	0.96	0.26		1.0	0.96	-1.0	-0.98	0.7	-0.82	-0.74	0.77	-0.69	-0.69	0.75	0.22	0.35	-0.82	-0.69	0.75
Total Liab	-0.68	0.95	0.64	-0.97	-0.88	-0.28	0.52	0.95	0.21	1.0		0.94	-1.0	-0.96	0.68	-0.78	-0.7	0.74	-0.66	-0.67	0.72	0.23	0.33	-0.79	-0.66	0.71
Total Current Assets	-0.82	0.82	0.86	-0.87	-0.69	-0.29	0.7	0.96	0.29	0.96	0.94		-0.96	-0.98	0.87	-0.92	-0.77	0.92	-0.84	-0.84	0.88	0.27	0.56	-0.92	-0.84	0.88
Non Current Liabilities Other	0.69	-0.94	-0.69	0.96	0.85	0.29	-0.54	-0.96	-0.26	-1.0	-1.0	-0.96		0.97	-0.71	0.82	0.7	-0.78	0.69	0.69	-0.74	-0.19	-0.37	0.81	0.69	-0.75
Short Term Debt	0.84	-0.87	-0.79	0.93	0.77	0.38	-0.62	-0.95	-0.3	-0.98	-0.96	-0.98	0.97		-0.81	0.91	0.85	-0.87	0.81	0.81	-0.86	-0.29	-0.45	0.92	0.81	-0.85
Total Assets	-0.92	0.44	0.95	-0.54	-0.28	-0.15	0.93	0.79	0.15	0.7	0.68	0.87	-0.71	-0.81		-0.89	-0.79	0.98	-0.97	-0.99	0.98	0.52	0.74	-0.92	-0.94	0.87
Short Long Term Debt Total	0.93	-0.62	-0.95	0.73	0.47	0.46	-0.67	-0.83	-0.47	-0.82	-0.78	-0.92	0.82	0.91	-0.89		0.86	-0.96	0.91	0.88	-0.93	-0.2	-0.64	0.99	0.93	-0.97
Total Current Liabilities	0.96	-0.56	-0.74	0.7	0.5	0.5	-0.6	-0.73	-0.28	-0.74	-0.7	-0.77	0.7	0.85	-0.79	0.86		-0.81	0.86	0.85	-0.89	-0.5	-0.41	0.92	0.85	-0.79
Total Stockholder Equity	-0.92	0.52	0.98	-0.62	-0.35	-0.24	0.85	0.84	0.28	0.77	0.74	0.92	-0.78	-0.87	0.98	-0.96	-0.81		-0.96	-0.96	0.97	0.38	0.72	-0.96	-0.95	0.93
Property Plant And Equipment Net	0.95	-0.43	-0.94	0.56	0.28	0.36	-0.84	-0.72	-0.31	-0.69	-0.66	-0.84	0.69	0.81	-0.97	0.91	0.86	-0.96		0.99	-0.98	-0.47	-0.79	0.93	0.99	-0.91
Current Deferred Revenue	0.95	-0.43	-0.92	0.55	0.28	0.23	-0.9	-0.75	-0.17	-0.69	-0.67	-0.84	0.69	0.81	-0.99	0.88	0.85	-0.96	0.99		-0.99	-0.57	-0.73	0.92	0.96	-0.86
Retained Earnings	-0.97	0.5	0.93	-0.62	-0.36	-0.27	0.87	0.81	0.2	0.75	0.72	0.88	-0.74	-0.86	0.98	-0.93	-0.89	0.97	-0.98	-0.99		0.53	0.68	-0.96	-0.96	0.89
Non Current Assets Total	-0.5	0.04	0.25	-0.11	-0.07	0.36	0.71	0.35	-0.62	0.22	0.23	0.27	-0.19	-0.29	0.52	-0.2	-0.5	0.38	-0.47	-0.57	0.53		0.09	-0.33	-0.35	0.1
Non Currrent Assets Other	-0.59	0.12	0.8	-0.2	0.08	-0.35	0.64	0.34	0.49	0.35	0.33	0.56	-0.37	-0.45	0.74	-0.64	-0.41	0.72	-0.79	-0.73	0.68	0.09		-0.6	-0.83	0.77
Long Term Debt	0.97	-0.61	-0.93	0.73	0.48	0.42	-0.72	-0.85	-0.38	-0.82	-0.79	-0.92	0.81	0.92	-0.92	0.99	0.92	-0.96	0.93	0.92	-0.96	-0.33	-0.6		0.93	-0.95
Good Will	0.94	-0.45	-0.95	0.58	0.28	0.46	-0.77	-0.69	-0.44	-0.69	-0.66	-0.84	0.69	0.81	-0.94	0.93	0.85	-0.95	0.99	0.96	-0.96	-0.35	-0.83	0.93		-0.95
Short Term Investments	-0.88	0.55	0.96	-0.66	-0.37	-0.55	0.63	0.73	0.6	0.75	0.71	0.88	-0.75	-0.85	0.87	-0.97	-0.79	0.93	-0.91	-0.86	0.89	0.1	0.77	-0.95	-0.95

Click cells to compare fundamentals

United Spirits Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for United Stock Analysis

When running United Spirits' price analysis, check to measure United Spirits' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Spirits is operating at the current time. Most of United Spirits' value examination focuses on studying past and present price action to predict the probability of United Spirits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Spirits' price. Additionally, you may evaluate how the addition of United Spirits to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

United Net Receivables vs Depreciation And Amortization Analysis

Net Receivables vs Depreciation And Amortization

Net Receivables vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Net Receivables

Depreciation And Amortization

United Spirits fundamental ratios Correlations

United Spirits Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for United Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Other Stockholder Equity
Long Term Debt	+ 0.99	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Property Plant And Equipment Net
Good Will	+ 0.99	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.98	Accounts Payable
Total Stockholder Equity	+ 0.98	Total Assets

Non Current Liabilities Other	- 1.0	Total Liab
Non Current Liabilities Other	- 1.0	Other Stockholder Equity
Retained Earnings	- 0.99	Current Deferred Revenue
Current Deferred Revenue	- 0.99	Total Assets
Retained Earnings	- 0.98	Property Plant And Equipment Net
Short Term Debt	- 0.98	Total Current Assets