Voltas Total Assets vs Current Deferred Revenue 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 Total Assets 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.

Total Assets vs Current Deferred Revenue

Total Assets 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 Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Voltas' Total Assets and Current Deferred Revenue is 0.37. Overlapping area represents the amount of variation of Total Assets 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' Total Assets 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 Total Assets 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 Total Assets i.e., Voltas' Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.37
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Voltas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Voltas Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 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.