ABB Common Stock Shares Outstanding vs Non Current Assets Total Analysis

ABB Stock   7,421  8.25  0.11%   
ABB India financial indicator trend analysis is way more than just evaluating ABB India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ABB India Limited is a good investment. Please check the relationship between ABB India Common Stock Shares Outstanding and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABB India 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.

Common Stock Shares Outstanding vs Non Current Assets Total

Common Stock Shares Outstanding vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABB India Limited Common Stock Shares Outstanding account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ABB India's Common Stock Shares Outstanding and Non Current Assets Total is -0.14. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of ABB India Limited, assuming nothing else is changed. The correlation between historical values of ABB India's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of ABB India 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 Common Stock Shares Outstanding i.e., ABB India's Common Stock Shares Outstanding and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

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

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 ABB India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ABB India 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ABB India 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 1.7 B, whereas Tax Provision is forecasted to decline to about 2.2 B.
 2021 2022 2023 2024 (projected)
Interest Expense107M131.1M122.7M116.6M
Depreciation And Amortization1.0B1.0B1.2B774.3M

ABB India fundamental ratios Correlations

0.320.930.710.58-0.440.520.70.490.29-0.10.350.210.940.990.030.280.920.050.440.220.780.24-0.210.520.38
0.320.30.33-0.19-0.470.37-0.050.260.00.210.62-0.180.280.37-0.030.030.09-0.43-0.220.17-0.040.07-0.43-0.240.23
0.930.30.620.72-0.290.390.810.330.17-0.070.430.360.980.890.060.190.840.210.590.050.670.120.00.670.47
0.710.330.620.21-0.510.470.260.910.69-0.230.22-0.030.570.76-0.630.790.71-0.310.160.760.690.77-0.510.250.01
0.58-0.190.720.210.26-0.070.94-0.14-0.050.22-0.010.720.770.450.19-0.050.60.740.91-0.370.45-0.140.590.990.3
-0.44-0.47-0.29-0.510.26-0.960.07-0.59-0.020.22-0.290.55-0.25-0.520.01-0.15-0.360.550.28-0.45-0.25-0.10.70.32-0.15
0.520.370.390.47-0.07-0.960.140.51-0.07-0.240.28-0.40.390.570.110.070.44-0.31-0.10.310.33-0.01-0.6-0.140.28
0.7-0.050.810.260.940.070.14-0.08-0.140.040.160.590.870.570.3-0.120.620.650.87-0.370.45-0.20.380.890.57
0.490.260.330.91-0.14-0.590.51-0.080.74-0.310.15-0.310.260.58-0.70.830.54-0.51-0.160.930.630.85-0.72-0.08-0.16
0.290.00.170.69-0.05-0.02-0.07-0.140.74-0.16-0.120.070.120.36-0.840.950.39-0.31-0.10.810.550.91-0.350.06-0.41
-0.10.21-0.07-0.230.220.22-0.240.04-0.31-0.16-0.180.290.0-0.120.17-0.23-0.030.320.17-0.34-0.14-0.230.540.21-0.3
0.350.620.430.22-0.01-0.290.280.160.15-0.12-0.180.090.380.360.12-0.080.13-0.17-0.190.020.140.0-0.37-0.050.52
0.21-0.180.36-0.030.720.55-0.40.59-0.310.070.290.090.440.110.010.030.20.730.55-0.380.21-0.120.590.770.1
0.940.280.980.570.77-0.250.390.870.260.120.00.380.440.880.140.120.830.320.65-0.040.660.040.040.710.5
0.990.370.890.760.45-0.520.570.570.580.36-0.120.360.110.88-0.030.350.92-0.080.310.340.790.32-0.320.40.31
0.03-0.030.06-0.630.190.010.110.3-0.7-0.840.170.120.010.14-0.03-0.93-0.060.330.14-0.81-0.24-0.890.360.050.44
0.280.030.190.79-0.05-0.150.07-0.120.830.95-0.23-0.080.030.120.35-0.930.38-0.31-0.070.880.540.93-0.420.07-0.39
0.920.090.840.710.6-0.360.440.620.540.39-0.030.130.20.830.92-0.060.380.10.450.320.90.34-0.070.570.07
0.05-0.430.21-0.310.740.55-0.310.65-0.51-0.310.32-0.170.730.32-0.080.33-0.310.10.73-0.650.13-0.410.720.750.22
0.44-0.220.590.160.910.28-0.10.87-0.16-0.10.17-0.190.550.650.310.14-0.070.450.73-0.390.32-0.150.570.90.34
0.220.170.050.76-0.37-0.450.31-0.370.930.81-0.340.02-0.38-0.040.34-0.810.880.32-0.65-0.390.460.9-0.71-0.29-0.41
0.78-0.040.670.690.45-0.250.330.450.630.55-0.140.140.210.660.79-0.240.540.90.130.320.460.52-0.210.46-0.03
0.240.070.120.77-0.14-0.1-0.01-0.20.850.91-0.230.0-0.120.040.32-0.890.930.34-0.41-0.150.90.52-0.48-0.03-0.37
-0.21-0.430.0-0.510.590.7-0.60.38-0.72-0.350.54-0.370.590.04-0.320.36-0.42-0.070.720.57-0.71-0.21-0.480.59-0.14
0.52-0.240.670.250.990.32-0.140.89-0.080.060.21-0.050.770.710.40.050.070.570.750.9-0.290.46-0.030.590.21
0.380.230.470.010.3-0.150.280.57-0.16-0.41-0.30.520.10.50.310.44-0.390.070.220.34-0.41-0.03-0.37-0.140.21
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ABB India Account Relationship Matchups

ABB India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets77.0B75.9B80.7B93.2B110.0B59.9B
Other Current Liab19.7B16.5B17.2B9.6B9.5B13.9B
Total Current Liabilities41.3B39.3B40.0B43.5B50.1B35.3B
Total Stockholder Equity35.2B36.1B40.5B49.4B59.4B62.4B
Property Plant And Equipment Net7.8B8.4B8.8B9.5B10.4B8.8B
Net Debt(15.8B)(21.5B)(6.8B)(31.1B)(8.3B)(8.7B)
Cash15.9B22.0B7.2B31.5B8.8B8.1B
Non Current Assets Total13.0B15.1B14.4B14.2B14.5B11.3B
Cash And Short Term Investments15.9B22.0B26.9B39.4B48.1B50.6B
Liabilities And Stockholders Equity77.0B75.9B80.7B93.2B110.0B59.9B
Non Current Liabilities Total555.9M502M237.6M284.8M424.3M403.1M
Other Current Assets3.0B12.8B29.4B6.1B4.8B8.4B
Total Liab41.8B39.8B40.3B43.8B50.6B33.3B
Total Current Assets64.0B60.8B66.4B79.0B95.5B48.5B
Non Currrent Assets Other3.8B5.3B1.7B11.4B45.0B47.3B
Inventory8.6B8.4B10.1B14.2B15.6B8.2B
Short Long Term Debt Total135.4M582.4M366.6M330.9M489.8M465.3M
Net Receivables32.2B27.4B26.8B25.5B26.9B29.7B
Retained Earnings8.3B9.2B13.6B22.5B32.6B34.2B
Accounts Payable19.0B17.2B22.3B26.4B31.1B21.1B
Intangible Assets72.7M51.3M40.5M33.5M38.4M36.5M
Property Plant Equipment7.8B8.4B8.8B9.5B10.9B10.4B
Other Assets5.0B6.5B5.4B898.4M1.0B981.5M
Other Liab485.3M52.7M52.3M74.5M67.1M63.7M
Current Deferred Revenue2.4B21.6B14.8B7.0B8.9B8.9B
Short Term Debt64.8M(5.4B)181.3M(7.3B)200.5M190.5M
Net Tangible Assets35.0B35.9B40.3B49.2B56.6B38.4B
Long Term Debt Total70.6M449.3M185.3M210.3M189.3M179.8M
Cash And Equivalents9.2B19.3B5B29B33.4B35.0B
Capital Lease Obligations135.4M582.4M366.6M330.9M489.8M323.4M
Net Invested Capital35.2B36.1B40.5B49.4B59.4B47.6B
Net Working Capital22.7B21.5B26.3B35.5B45.3B30.4B

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Other Information on Investing in ABB Stock

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