Varun Other Current Liab vs Non Current Assets Total Analysis

VBL Stock   621.20  9.50  1.51%   
Varun Beverages financial indicator trend analysis is much more than just breaking down Varun Beverages prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varun Beverages is a good investment. Please check the relationship between Varun Beverages Other Current Liab and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varun Beverages 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 board of governors.

Other Current Liab vs Non Current Assets Total

Other Current Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varun Beverages Other Current Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Varun Beverages' Other Current Liab and Non Current Assets Total is 0.21. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Varun Beverages Limited, assuming nothing else is changed. The correlation between historical values of Varun Beverages' Other Current Liab and Non Current Assets Total 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 Current Liab of Varun Beverages Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Liab i.e., Varun Beverages' Other Current Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

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.
Most indicators from Varun Beverages' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varun Beverages 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 Varun Beverages 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 board of governors.
At present, Varun Beverages' Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit47.0B65.2B86.4B90.7B
Total Revenue88.2B129.2B160.4B168.4B

Varun Beverages fundamental ratios Correlations

0.280.980.881.00.860.770.960.821.00.47-0.020.560.870.030.180.620.810.860.360.790.970.850.820.880.89
0.280.310.460.25-0.030.710.20.550.21-0.53-0.710.510.55-0.120.360.240.10.570.09-0.090.250.58-0.20.450.41
0.980.310.860.970.840.760.980.790.970.51-0.070.530.860.050.110.720.770.870.40.730.960.860.80.90.86
0.880.460.860.870.730.930.830.960.880.35-0.120.730.980.060.390.550.660.970.350.760.830.970.720.960.75
1.00.250.970.870.870.760.950.831.00.47-0.010.560.860.010.170.590.830.850.340.810.970.840.830.870.89
0.86-0.030.840.730.870.610.830.690.880.74-0.050.60.72-0.05-0.020.560.890.730.260.640.910.720.850.80.81
0.770.710.760.930.760.610.70.950.740.12-0.450.830.96-0.020.370.50.610.970.270.480.750.970.470.920.77
0.960.20.980.830.950.830.70.770.950.570.050.470.830.050.130.760.730.840.340.770.930.820.830.880.82
0.820.550.790.960.830.690.950.770.810.23-0.240.80.97-0.090.40.50.690.960.170.630.80.970.610.930.8
1.00.210.970.881.00.880.740.950.810.520.030.540.850.060.150.580.830.840.360.830.970.830.860.870.87
0.47-0.530.510.350.470.740.120.570.230.520.350.160.290.24-0.180.480.450.310.290.540.490.280.760.470.24
-0.02-0.71-0.07-0.12-0.01-0.05-0.450.05-0.240.030.35-0.45-0.240.240.0-0.07-0.16-0.30.080.49-0.12-0.310.35-0.24-0.32
0.560.510.530.730.560.60.830.470.80.540.16-0.450.77-0.130.340.440.570.760.00.290.580.80.320.730.64
0.870.550.860.980.860.720.960.830.970.850.29-0.240.77-0.060.340.590.70.990.340.650.850.990.670.970.81
0.03-0.120.050.060.01-0.05-0.020.05-0.090.060.240.24-0.13-0.06-0.28-0.11-0.15-0.010.130.2-0.04-0.040.070.03-0.22
0.180.360.110.390.17-0.020.370.130.40.15-0.180.00.340.34-0.280.23-0.190.29-0.010.35-0.010.330.010.270.04
0.620.240.720.550.590.560.50.760.50.580.48-0.070.440.59-0.110.230.320.620.180.390.590.610.460.670.51
0.810.10.770.660.830.890.610.730.690.830.45-0.160.570.7-0.15-0.190.320.690.190.520.910.680.740.70.91
0.860.570.870.970.850.730.970.840.960.840.31-0.30.760.99-0.010.290.620.690.340.610.851.00.650.980.81
0.360.090.40.350.340.260.270.340.170.360.290.080.00.340.13-0.010.180.190.340.360.330.310.480.360.14
0.79-0.090.730.760.810.640.480.770.630.830.540.490.290.650.20.350.390.520.610.360.680.60.870.650.5
0.970.250.960.830.970.910.750.930.80.970.49-0.120.580.85-0.04-0.010.590.910.850.330.680.840.810.870.94
0.850.580.860.970.840.720.970.820.970.830.28-0.310.80.99-0.040.330.610.681.00.310.60.840.630.970.81
0.82-0.20.80.720.830.850.470.830.610.860.760.350.320.670.070.010.460.740.650.480.870.810.630.720.62
0.880.450.90.960.870.80.920.880.930.870.47-0.240.730.970.030.270.670.70.980.360.650.870.970.720.78
0.890.410.860.750.890.810.770.820.80.870.24-0.320.640.81-0.220.040.510.910.810.140.50.940.810.620.78
Click cells to compare fundamentals

Varun Beverages Account Relationship Matchups

Varun Beverages fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets83.9B84.6B95.8B116.2B151.9B76.2B
Other Current Liab1.0M1.1B3.1B9.5B11.7B12.2B
Total Current Liabilities22.2B24.3B30.2B39.7B41.5B23.5B
Total Stockholder Equity33.3B35.2B40.8B51.0B69.4B72.8B
Property Plant And Equipment Net60.3B59.9B63.9B75.7B102.8B52.7B
Net Debt32.8B31.4B32.4B37.3B51.9B29.7B
Retained Earnings5.6B8.0B14.0B27.4B45.7B47.9B
Accounts Payable4.8B5.1B7.1B8.2B7.6B4.3B
Cash1.4B1.0B1.5B1.5B2.4B2.6B
Non Current Assets Total67.2B66.6B70.4B82.1B109.5B58.4B
Non Currrent Assets Other918.2M3.3B4.7B5.4B(4.7B)(4.5B)
Other Assets1.7B1.8B2.3B148.9M1.00.95
Cash And Short Term Investments1.4B1.0B1.5B1.5B4.6B4.8B
Net Receivables4.1B5.1B6.5B8.3B10.8B11.4B
Short Term Investments62.9M2.5B4.1B5.3B2.2B1.6B
Non Current Liabilities Total28.1B24.3B23.6B24.3B39.5B25.5B
Inventory8.8B9.3B14.5B19.9B23.5B24.7B
Other Current Assets1.1B2.5B3.0B4.3B3.4B3.2B
Other Stockholder Equity24.8B24.3B22.5B17.1B22.6B14.4B
Total Liab50.3B48.7B53.9B64.0B81.0B49.1B
Total Current Assets16.7B18.0B25.5B34.0B42.4B44.5B
Intangible Assets5.6B5.6B5.6B5.5B5.5B4.3B
Short Long Term Debt Total34.2B32.4B33.9B38.8B54.3B34.2B
Other Liab4.5B4.3B5.2B5.4B6.2B4.1B
Net Tangible Assets27.4B29.4B35.0B45.3B52.1B54.7B
Long Term Debt23.5B19.8B18.1B17.3B31.9B22.1B
Liabilities And Stockholders Equity83.9B84.6B95.8B116.2B151.9B80.6B
Short Long Term Debt10.6B7.1B6.3B19.7B20.1B11.0B
Accumulated Other Comprehensive Income(1.3B)(1.9B)(2.2B)(5.4B)(5.4B)(5.2B)
Short Term Debt10.6B12.4B15.4B19.9B20.4B11.4B
Property Plant Equipment59.6B58.9B62.2B69.6B80.1B48.5B
Current Deferred Revenue6.8B5.8B4.6B2.0B1.8B1.8B
Long Term Debt Total23.6B19.8B18.4B18.9B17.0B16.0B
Net Invested Capital67.5B67.3B65.2B88.0B121.3B77.8B
Non Current Liabilities Other8.2M7.3M6.7M5.9M5.3M5.1M

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Other Information on Investing in Varun Stock

Balance Sheet is a snapshot of the financial position of Varun Beverages at a specified time, usually calculated after every quarter, six months, or one year. Varun Beverages Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Varun Beverages and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Varun currently owns. An asset can also be divided into two categories, current and non-current.