Voltas Retained Earnings vs Current Deferred Revenue Analysis

VOLTAS Stock   1,797  28.50  1.61%   
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 Retained Earnings and its Current Deferred Revenue 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.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Voltas Limited Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Voltas' Retained Earnings and Current Deferred Revenue is 0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Voltas Limited, assuming nothing else is changed. The correlation between historical values of Voltas' Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Voltas Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Voltas' Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 9.3 B, whereas Tax Provision is forecasted to decline to about 2.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense258.7M295.9M558.8M586.7M
Depreciation And Amortization361.7M385.6M465.9M301.2M

Voltas fundamental ratios Correlations

0.83-0.130.820.980.87-0.330.990.90.96-0.190.860.78-0.630.670.81-0.02-0.540.810.81-0.13-0.560.410.40.860.47
0.830.040.650.740.950.010.860.950.75-0.190.860.49-0.770.850.670.15-0.330.670.61-0.37-0.310.270.180.580.45
-0.130.040.03-0.260.070.02-0.070.05-0.240.090.0-0.14-0.150.2-0.030.340.620.05-0.050.27-0.20.4-0.01-0.37-0.09
0.820.650.030.80.63-0.260.80.70.75-0.130.70.92-0.230.410.960.12-0.351.00.98-0.1-0.650.580.410.820.51
0.980.74-0.260.80.77-0.410.950.830.98-0.220.790.81-0.510.540.8-0.1-0.630.790.81-0.16-0.510.330.370.930.46
0.870.950.070.630.77-0.090.90.940.8-0.260.840.44-0.870.930.660.08-0.390.650.58-0.34-0.280.230.20.60.41
-0.330.010.02-0.26-0.41-0.09-0.28-0.29-0.460.480.05-0.380.020.01-0.310.080.07-0.24-0.24-0.080.26-0.22-0.13-0.420.38
0.990.86-0.070.80.950.9-0.280.910.92-0.170.880.73-0.690.720.810.06-0.480.80.8-0.12-0.560.450.380.810.49
0.90.950.050.70.830.94-0.290.910.85-0.330.80.58-0.740.810.730.12-0.330.710.65-0.33-0.370.330.220.680.31
0.960.75-0.240.750.980.8-0.460.920.85-0.370.720.74-0.560.60.75-0.14-0.670.750.73-0.25-0.410.240.340.910.32
-0.19-0.190.09-0.13-0.22-0.260.48-0.17-0.33-0.370.22-0.070.13-0.23-0.250.050.24-0.14-0.010.48-0.310.30.19-0.310.59
0.860.860.00.70.790.840.050.880.80.720.220.59-0.670.690.670.09-0.370.70.73-0.12-0.50.410.340.640.79
0.780.49-0.140.920.810.44-0.380.730.580.74-0.070.59-0.050.170.870.03-0.370.90.940.08-0.750.620.470.840.42
-0.63-0.77-0.15-0.23-0.51-0.870.02-0.69-0.74-0.560.13-0.67-0.05-0.94-0.26-0.040.23-0.25-0.170.170.13-0.11-0.09-0.23-0.24
0.670.850.20.410.540.930.010.720.810.6-0.230.690.17-0.940.450.07-0.240.450.33-0.35-0.120.130.10.330.28
0.810.67-0.030.960.80.66-0.310.810.730.75-0.250.670.87-0.260.450.13-0.330.960.95-0.18-0.570.510.330.830.45
-0.020.150.340.12-0.10.080.080.060.12-0.140.050.090.03-0.040.070.130.310.120.11-0.08-0.140.280.17-0.140.03
-0.54-0.330.62-0.35-0.63-0.390.07-0.48-0.33-0.670.24-0.37-0.370.23-0.24-0.330.31-0.35-0.360.45-0.10.34-0.08-0.71-0.33
0.810.670.051.00.790.65-0.240.80.710.75-0.140.70.9-0.250.450.960.12-0.350.97-0.14-0.630.560.390.810.51
0.810.61-0.050.980.810.58-0.240.80.650.73-0.010.730.94-0.170.330.950.11-0.360.97-0.05-0.670.580.40.840.61
-0.13-0.370.27-0.1-0.16-0.34-0.08-0.12-0.33-0.250.48-0.120.080.17-0.35-0.18-0.080.45-0.14-0.05-0.630.650.22-0.3-0.08
-0.56-0.31-0.2-0.65-0.51-0.280.26-0.56-0.37-0.41-0.31-0.5-0.750.13-0.12-0.57-0.14-0.1-0.63-0.67-0.63-0.95-0.62-0.37-0.32
0.410.270.40.580.330.23-0.220.450.330.240.30.410.62-0.110.130.510.280.340.560.580.65-0.950.480.180.22
0.40.18-0.010.410.370.2-0.130.380.220.340.190.340.47-0.090.10.330.17-0.080.390.40.22-0.620.480.290.23
0.860.58-0.370.820.930.6-0.420.810.680.91-0.310.640.84-0.230.330.83-0.14-0.710.810.84-0.3-0.370.180.290.44
0.470.45-0.090.510.460.410.380.490.310.320.590.790.42-0.240.280.450.03-0.330.510.61-0.08-0.320.220.230.44
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Voltas Account Relationship Matchups

Voltas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets81.6B86.6B97.5B102.8B120.4B126.4B
Short Long Term Debt Total2.2B2.8B3.8B6.5B7.4B7.8B
Other Current Liab2.7B730.4M888.4M4.4B7.0B4.4B
Total Current Liabilities37.3B35.0B40.6B46.2B57.6B29.9B
Total Stockholder Equity42.8B49.9B55.0B54.5B58.2B61.1B
Property Plant And Equipment Net3.2B3.2B3.6B5.0B7.9B8.3B
Net Debt(517.1M)(1.9B)(2.0B)(421.4M)(716.7M)(752.5M)
Accounts Payable26.9B24.6B29.4B30.1B38.6B40.5B
Cash2.7B4.5B5.6B6.9B8.2B8.6B
Non Current Assets Total25.8B34.7B38.7B38.3B43.1B45.3B
Non Currrent Assets Other2.0B1.4B1.3B1.7B2.2B4.2B
Cash And Short Term Investments8.7B7.4B10.5B13.7B17.4B18.3B
Net Receivables27.3B31.5B31.6B34.1B32.8B21.3B
Liabilities And Stockholders Equity81.6B86.6B97.5B102.8B120.4B126.4B
Non Current Liabilities Total1.1B1.2B1.5B1.7B4.3B4.5B
Inventory14.7B12.8B16.6B15.9B21.4B10.7B
Other Current Assets4.6B257.6M114M5.9B6.5B3.4B
Total Liab38.4B36.3B42.1B47.9B61.8B31.4B
Total Current Assets55.8B51.9B58.8B64.5B77.2B41.5B
Accumulated Other Comprehensive Income(2.6B)21.0B23.0B22.6B25.6B26.8B
Intangible Assets94.8M84.6M71.7M61.9M55.9M85.0M
Current Deferred Revenue7.9B7.1B6.8B8.3B6.5B7.9B
Retained Earnings24.8B28.6B31.6B31.5B32.3B19.7B
Short Term Investments6.0B2.9B4.9B6.8B9.3B6.2B
Short Term Debt2.1B2.5B3.5B6.0B4.9B5.2B
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
Short Long Term Debt2.1B2.5B3.4B5.9B4.9B2.8B
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 Capital44.9B52.5B58.4B60.7B65.3B57.6B

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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.