United Other Stockholder Equity vs Non Currrent Assets Other 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 Other Stockholder Equity and its Non Currrent Assets Other 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.

Other Stockholder Equity vs Non Currrent Assets Other

Other Stockholder Equity vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of United Spirits Other Stockholder Equity account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between United Spirits' Other Stockholder Equity and Non Currrent Assets Other is 0.35. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Non Currrent Assets Other 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' Other Stockholder Equity and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of United Spirits Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Stockholder Equity i.e., United Spirits' Other Stockholder Equity and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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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