United Non Current Assets Total vs Common Stock Shares Outstanding 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 Non Current Assets Total and its Common Stock Shares Outstanding 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.

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Non Current Assets Total account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between United Spirits' Non Current Assets Total and Common Stock Shares Outstanding is 0.71. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Common Stock Shares Outstanding 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' Non Current Assets Total and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of United Spirits Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Current Assets Total i.e., United Spirits' Non Current Assets Total and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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

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United Non Current Assets Total vs Common Stock Shares Outstanding Analysis

Non Current Assets Total vs Common Stock Shares Outstanding

Non Current Assets Total vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Non Current Assets Total

Common Stock Shares Outstanding

United Spirits fundamental ratios Correlations

United Spirits Account Relationship Matchups

High Positive Relationship

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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