Welspun Net Receivables vs Total Revenue Analysis

WELENT Stock   603.75  2.25  0.37%   
Welspun Enterprises financial indicator trend analysis is more than just analyzing Welspun Enterprises current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Enterprises is a good investment. Please check the relationship between Welspun Enterprises Net Receivables and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Enterprises 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.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welspun Enterprises Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Welspun Enterprises' Net Receivables and Total Revenue is 0.67. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Welspun Enterprises Limited, assuming nothing else is changed. The correlation between historical values of Welspun Enterprises' Net Receivables and Total 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 Net Receivables of Welspun Enterprises Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Welspun Enterprises' Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Total Revenue

Total revenue comprises all receipts Welspun Enterprises generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Welspun Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Enterprises 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Enterprises 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.
The current year's Selling General Administrative is expected to grow to about 2.5 B. The current year's Tax Provision is expected to grow to about 1.6 B
 2022 2023 2024 2025 (projected)
Interest Expense1.2B1.1B1.3B1.3B
Depreciation And Amortization131M275.6M248.0M216.3M

Welspun Enterprises fundamental ratios Correlations

0.690.520.950.910.30.610.80.760.320.40.590.190.720.670.790.410.960.870.560.860.960.820.320.64-0.04
0.690.350.520.380.10.990.390.970.62-0.050.23-0.050.990.070.390.290.830.260.350.470.650.24-0.170.4-0.15
0.520.350.540.520.120.30.470.380.230.360.110.00.320.220.630.40.480.50.430.560.470.390.290.64-0.16
0.950.520.540.890.170.440.810.590.190.470.580.050.550.70.860.360.90.930.430.920.970.880.40.77-0.11
0.910.380.520.890.490.30.80.50.190.60.590.440.410.730.750.480.760.940.70.790.830.830.560.560.11
0.30.10.120.170.490.090.070.280.020.190.450.630.090.24-0.060.340.150.240.730.240.090.150.19-0.050.43
0.610.990.30.440.30.090.260.950.59-0.160.2-0.090.970.010.310.220.780.160.290.40.570.16-0.260.33-0.13
0.80.390.470.810.80.070.260.420.280.610.410.310.440.610.740.460.730.850.460.710.830.740.490.56-0.13
0.760.970.380.590.50.280.950.420.55-0.010.390.020.970.20.390.320.860.350.470.550.690.33-0.130.41-0.07
0.320.620.230.190.190.020.590.280.550.26-0.190.20.58-0.320.230.760.410.080.50.180.32-0.160.190.17-0.5
0.4-0.050.360.470.60.19-0.160.61-0.010.26-0.160.5-0.030.170.670.540.250.660.650.340.450.360.980.50.03
0.590.230.110.580.590.450.20.410.39-0.19-0.160.060.280.80.140.090.520.510.170.650.50.67-0.210.130.09
0.19-0.050.00.050.440.63-0.090.310.020.20.50.06-0.060.070.020.420.010.240.72-0.030.050.030.53-0.110.39
0.720.990.320.550.410.090.970.440.970.58-0.030.28-0.060.160.420.270.850.30.340.490.680.31-0.160.37-0.14
0.670.070.220.70.730.240.010.610.2-0.320.170.80.070.160.49-0.010.530.770.120.630.620.930.140.250.09
0.790.390.630.860.75-0.060.310.740.390.230.670.140.020.420.490.330.740.870.370.740.840.760.620.79-0.16
0.410.290.40.360.480.340.220.460.320.760.540.090.420.27-0.010.330.350.380.730.460.350.070.490.18-0.44
0.960.830.480.90.760.150.780.730.860.410.250.520.010.850.530.740.350.730.430.820.950.710.140.64-0.14
0.870.260.50.930.940.240.160.850.350.080.660.510.240.30.770.870.380.730.50.830.870.910.620.67-0.01
0.560.350.430.430.70.730.290.460.470.50.650.170.720.340.120.370.730.430.50.410.420.210.610.310.21
0.860.470.560.920.790.240.40.710.550.180.340.65-0.030.490.630.740.460.820.830.410.850.770.270.66-0.19
0.960.650.470.970.830.090.570.830.690.320.450.50.050.680.620.840.350.950.870.420.850.820.350.74-0.14
0.820.240.390.880.830.150.160.740.33-0.160.360.670.030.310.930.760.070.710.910.210.770.820.310.540.01
0.32-0.170.290.40.560.19-0.260.49-0.130.190.98-0.210.53-0.160.140.620.490.140.620.610.270.350.310.430.08
0.640.40.640.770.56-0.050.330.560.410.170.50.13-0.110.370.250.790.180.640.670.310.660.740.540.43-0.04
-0.04-0.15-0.16-0.110.110.43-0.13-0.13-0.07-0.50.030.090.39-0.140.09-0.16-0.44-0.14-0.010.21-0.19-0.140.010.08-0.04
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Welspun Enterprises Account Relationship Matchups

Welspun Enterprises fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets47.9B58.9B51.1B49.5B56.9B59.8B
Short Long Term Debt Total22.4B26.2B7.6B7.6B8.8B7.1B
Other Current Liab4.9B1.1M3.3B2.6B3.0B1.6B
Total Current Liabilities10.1B15.5B20.4B15.9B18.2B19.1B
Total Stockholder Equity16.8B17.9B23.6B23.2B26.7B28.1B
Property Plant And Equipment Net1.1B1.1B263.8M1.7B2.0B1.1B
Net Debt20.3B22.9B4.4B5.1B5.9B5.7B
Cash2.0B2.3B3.3B2.5B2.9B3.0B
Non Current Assets Total34.6B42.5B12.3B19.6B22.6B13.6B
Non Currrent Assets Other13.0B16.1B8.9B2.8B3.3B3.1B
Cash And Short Term Investments3.6B3.5B19.1B7.3B8.4B5.1B
Net Receivables(10.3M)7.5B(4.0B)10.7B12.3B12.9B
Common Stock Shares Outstanding149.9M149.7M150.3M138.8M159.7M161.9M
Liabilities And Stockholders Equity47.9B58.9B51.0B49.5B56.9B59.8B
Non Current Liabilities Total20.9B25.5B7.0B8.7B10.0B6.5B
Inventory48.9M480.7M864.1M3.7B4.3B4.5B
Other Current Assets9.7B5.0B20.1B8.3B9.5B10.0B
Other Stockholder Equity9.4B9.6B9.5B7.1B8.2B7.3B
Total Liab31.0B41.0B27.4B24.6B28.3B29.7B
Total Current Assets13.3B16.4B38.7B29.9B34.3B36.0B
Accumulated Other Comprehensive Income3.1B3.0B2.7B2.8B3.2B3.4B
Common Stock1.5B1.5B1.5B1.4B1.6B1.1B
Accounts Payable3.3B4.1B4.8B4.6B5.3B5.6B
Current Deferred Revenue4.9B9.2B9.3B6.5B7.5B7.9B
Retained Earnings2.9B3.9B9.7B11.9B13.7B14.4B
Short Term Investments1.6B1.1B15.8B4.8B5.5B5.2B
Short Term Debt1.9B2.2B4.7B2.0B2.3B1.8B
Intangible Assets14.0B18.2B498.7M466.3M536.2M509.4M
Other Liab355M325.2M430.5M2.4B2.8B2.9B
Net Tangible Assets14.5B15.2B2.9B(304.6M)(274.1M)(260.4M)
Long Term Debt20.4B24.0B2.9B5.6B6.4B7.4B
Short Long Term Debt973.2M1.1B4.7B1.9B2.2B1.8B
Property Plant Equipment1.1B1.1B1.1B263.8M237.4M225.5M
Long Term Debt Total4.8B20.4B24.0B2.9B3.4B3.2B
Capital Surpluse9.3B9.4B9.5B9.5B8.6B7.6B
Cash And Equivalents30.5M200K924.9M2.9B3.3B3.5B

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Other Information on Investing in Welspun Stock

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