Voltas Common Stock Shares Outstanding vs Total Stockholder Equity Analysis

VOLTAS Stock   1,320  10.10  0.77%   
Voltas financial indicator trend analysis is much more than just breaking down Voltas Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Voltas Limited is a good investment. Please check the relationship between Voltas Common Stock Shares Outstanding and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voltas 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 nation.

Common Stock Shares Outstanding vs Total Stockholder Equity

Common Stock Shares Outstanding vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Voltas Limited Common Stock Shares Outstanding account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Voltas' Common Stock Shares Outstanding and Total Stockholder Equity is -0.56. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Voltas Limited, assuming nothing else is changed. The correlation between historical values of Voltas' Common Stock Shares Outstanding and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Voltas Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., Voltas' Common Stock Shares Outstanding and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

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

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Voltas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Voltas Limited 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 Voltas 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 nation.
The current year's Selling General Administrative is expected to grow to about 10.7 B, whereas Tax Provision is forecasted to decline to about 2.1 B.
 2022 2023 2024 2025 (projected)
Interest Expense295.9M558.8M642.6M674.8M
Depreciation And Amortization385.6M465.9M535.8M301.2M

Voltas fundamental ratios Correlations

0.89-0.010.980.980.91-0.310.990.930.97-0.230.90.76-0.650.780.970.15-0.540.970.98-0.22-0.50.370.370.840.55
0.890.130.930.810.97-0.040.910.970.82-0.230.90.56-0.720.910.930.3-0.360.940.9-0.41-0.290.240.190.640.54
-0.010.130.12-0.140.160.010.040.13-0.120.060.09-0.04-0.090.260.080.360.570.140.060.2-0.20.380.0-0.240.01
0.980.930.120.920.95-0.220.990.950.91-0.190.920.7-0.720.860.980.25-0.411.00.99-0.18-0.530.440.380.740.55
0.980.81-0.140.920.83-0.390.950.870.98-0.250.850.79-0.560.670.910.06-0.630.910.94-0.23-0.490.320.360.910.53
0.910.970.160.950.83-0.120.940.960.85-0.280.890.52-0.780.960.950.26-0.40.960.92-0.38-0.260.20.20.650.52
-0.31-0.040.01-0.22-0.39-0.12-0.27-0.28-0.430.480.01-0.350.07-0.04-0.260.060.08-0.21-0.22-0.070.27-0.23-0.14-0.40.33
0.990.910.040.990.950.94-0.270.940.94-0.210.920.72-0.690.830.980.22-0.480.990.99-0.21-0.50.390.350.790.56
0.930.970.130.950.870.96-0.280.940.89-0.340.870.62-0.710.880.950.28-0.360.950.92-0.38-0.350.290.220.710.44
0.970.82-0.120.910.980.85-0.430.940.89-0.380.790.74-0.590.720.90.04-0.650.910.91-0.31-0.390.230.340.890.42
-0.23-0.230.06-0.19-0.25-0.280.48-0.21-0.34-0.380.11-0.120.1-0.26-0.270.020.25-0.2-0.110.5-0.30.30.18-0.340.46
0.90.90.090.920.850.890.010.920.870.790.110.62-0.670.80.90.24-0.390.920.95-0.21-0.460.360.320.670.79
0.760.56-0.040.70.790.52-0.350.720.620.74-0.120.62-0.080.340.690.07-0.40.680.74-0.04-0.710.590.450.870.52
-0.65-0.72-0.09-0.72-0.56-0.780.07-0.69-0.71-0.590.1-0.67-0.08-0.8-0.7-0.220.21-0.73-0.680.080.12-0.11-0.14-0.22-0.23
0.780.910.260.860.670.96-0.040.830.880.72-0.260.80.34-0.80.850.26-0.280.880.8-0.39-0.140.120.120.460.43
0.970.930.080.980.910.95-0.260.980.950.9-0.270.90.69-0.70.850.25-0.390.980.98-0.23-0.470.390.330.750.51
0.150.30.360.250.060.260.060.220.280.040.020.240.07-0.220.260.250.240.250.24-0.11-0.160.290.2-0.050.1
-0.54-0.360.57-0.41-0.63-0.40.08-0.48-0.36-0.650.25-0.39-0.40.21-0.28-0.390.24-0.4-0.420.47-0.090.34-0.09-0.7-0.36
0.970.940.141.00.910.96-0.210.990.950.91-0.20.920.68-0.730.880.980.25-0.40.98-0.2-0.50.410.360.720.55
0.980.90.060.990.940.92-0.220.990.920.91-0.110.950.74-0.680.80.980.24-0.420.98-0.14-0.570.460.390.770.62
-0.22-0.410.2-0.18-0.23-0.38-0.07-0.21-0.38-0.310.5-0.21-0.040.08-0.39-0.23-0.110.47-0.2-0.14-0.590.640.2-0.38-0.18
-0.5-0.29-0.2-0.53-0.49-0.260.27-0.5-0.35-0.39-0.3-0.46-0.710.12-0.14-0.47-0.16-0.09-0.5-0.57-0.59-0.95-0.62-0.36-0.32
0.370.240.380.440.320.2-0.230.390.290.230.30.360.59-0.110.120.390.290.340.410.460.64-0.950.50.180.22
0.370.190.00.380.360.2-0.140.350.220.340.180.320.45-0.140.120.330.2-0.090.360.390.2-0.620.50.290.23
0.840.64-0.240.740.910.65-0.40.790.710.89-0.340.670.87-0.220.460.75-0.05-0.70.720.77-0.38-0.360.180.290.54
0.550.540.010.550.530.520.330.560.440.420.460.790.52-0.230.430.510.1-0.360.550.62-0.18-0.320.220.230.54
Click cells to compare fundamentals

Voltas Account Relationship Matchups

Voltas fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets86.6B97.5B102.8B120.4B138.4B145.3B
Short Long Term Debt Total2.8B3.8B6.5B7.4B8.6B9.0B
Other Current Liab730.4M888.4M4.4B7.0B6.3B4.4B
Total Current Liabilities35.0B40.6B46.2B57.6B66.2B69.5B
Total Stockholder Equity49.9B55.0B54.5B58.2B66.9B70.3B
Property Plant And Equipment Net3.2B3.6B5.0B7.9B9.1B9.6B
Net Debt(1.9B)(2.0B)(421.4M)(716.7M)(824.2M)(865.4M)
Accounts Payable24.6B29.4B30.1B38.6B44.3B46.6B
Cash4.5B5.6B6.9B8.2B9.4B9.8B
Non Current Assets Total34.7B38.7B38.3B43.1B49.6B52.1B
Non Currrent Assets Other1.4B1.3B1.7B2.2B2.5B4.2B
Cash And Short Term Investments7.4B10.5B13.7B17.4B20.1B21.1B
Net Receivables31.5B31.6B34.1B32.8B37.7B21.3B
Liabilities And Stockholders Equity86.6B97.5B102.8B120.4B138.4B145.3B
Non Current Liabilities Total1.2B1.5B1.7B4.3B4.9B5.1B
Inventory12.8B16.6B15.9B21.4B24.6B25.8B
Other Current Assets257.6M114M5.9B6.5B7.5B7.9B
Total Liab36.3B42.1B47.9B61.8B71.1B74.6B
Total Current Assets51.9B58.8B64.5B77.2B88.8B93.3B
Accumulated Other Comprehensive Income21.0B23.0B22.6B25.6B29.4B30.9B
Intangible Assets84.6M71.7M61.9M55.9M64.3M85.0M
Current Deferred Revenue7.1B6.8B8.3B6.5B7.4B7.9B
Retained Earnings28.6B31.6B31.5B32.3B37.1B19.7B
Short Term Investments2.9B4.9B6.8B9.3B10.7B6.2B
Short Term Debt2.5B3.5B6.0B4.9B5.7B6.0B
Other Liab919.5M1.2B1.2B1.4B1.6B1.2B
Net Tangible Assets40.3B42.0B49.1B54.2B62.3B39.2B
Other Assets3.2B2.5B2.2B364.2M327.8M311.4M
Long Term Debt56.6M148.9M211.5M2.3B2.6B2.8B
Short Long Term Debt2.5B3.4B5.9B4.9B5.6B2.8B
Property Plant Equipment2.8B2.6B3.1B5.0B5.7B6.0B
Long Term Debt Total54.1M250.7M275.7M465.4M535.2M562.0M
Cash And Equivalents475.1M160.3M650.1M2.4B2.7B2.9B
Net Invested Capital52.5B58.4B60.7B65.3B75.1B57.6B

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Other Information on Investing in Voltas Stock

Balance Sheet is a snapshot of the financial position of Voltas Limited at a specified time, usually calculated after every quarter, six months, or one year. Voltas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Voltas 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 Voltas currently owns. An asset can also be divided into two categories, current and non-current.