ABB Other Current Liab vs Other Current Assets Analysis

ABB Stock   5,242  1.30  0.02%   
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 Other Current Liab and its Other Current Assets 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.

Other Current Liab vs Other Current Assets

Other Current Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABB India Limited Other Current Liab account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between ABB India's Other Current Liab and Other Current Assets is 0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Current Assets 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 Other Current Liab and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of ABB India Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Current Liab i.e., ABB India's Other Current Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Tax Provision is expected to grow to about 5 B, whereas Selling General Administrative is forecasted to decline to about 769.6 M.
 2022 2023 2024 2025 (projected)
Interest Expense131.1M122.7M110.4M104.9M
Depreciation And Amortization1.0B1.2B1.4B774.3M

ABB India fundamental ratios Correlations

0.290.760.970.42-0.340.360.440.840.64-0.190.20.210.720.99-0.570.780.96-0.170.330.70.720.74-0.40.39-0.01
0.290.270.27-0.19-0.470.37-0.050.220.040.210.62-0.180.260.32-0.050.020.11-0.42-0.220.14-0.040.06-0.42-0.240.23
0.760.270.630.71-0.270.360.780.420.27-0.10.360.390.980.710.020.340.670.110.550.220.720.29-0.090.610.31
0.970.270.630.23-0.390.380.230.940.7-0.240.120.050.580.99-0.640.870.95-0.360.140.850.730.85-0.540.19-0.16
0.42-0.190.710.230.25-0.070.94-0.050.060.2-0.020.730.760.320.130.040.410.690.9-0.230.43-0.040.540.980.25
-0.34-0.47-0.27-0.390.25-0.960.06-0.470.010.22-0.290.54-0.23-0.38-0.02-0.1-0.260.530.28-0.35-0.18-0.060.670.32-0.16
0.360.370.360.38-0.07-0.960.140.42-0.03-0.240.28-0.40.360.380.090.050.28-0.31-0.10.240.25-0.01-0.59-0.130.27
0.44-0.050.780.230.940.060.14-0.03-0.030.020.140.60.840.330.24-0.050.350.610.87-0.260.41-0.120.340.90.51
0.840.220.420.94-0.05-0.470.42-0.030.7-0.310.08-0.180.360.89-0.660.890.86-0.52-0.120.950.70.9-0.71-0.09-0.28
0.640.040.270.70.060.01-0.03-0.030.7-0.14-0.10.120.220.67-0.850.810.68-0.270.010.740.540.78-0.320.06-0.37
-0.190.21-0.1-0.240.20.22-0.240.02-0.31-0.14-0.170.27-0.04-0.20.15-0.24-0.130.330.17-0.33-0.17-0.240.540.21-0.26
0.20.620.360.12-0.02-0.290.280.140.08-0.1-0.170.070.320.190.1-0.120.02-0.15-0.19-0.040.05-0.06-0.34-0.040.52
0.21-0.180.390.050.730.54-0.40.6-0.180.120.270.070.460.14-0.010.110.20.680.54-0.220.27-0.010.530.750.05
0.720.260.980.580.76-0.230.360.840.360.22-0.040.320.460.660.080.280.620.220.610.140.710.22-0.050.650.35
0.990.320.710.990.32-0.380.380.330.890.67-0.20.190.140.66-0.60.820.96-0.280.220.770.730.8-0.480.28-0.08
-0.57-0.050.02-0.640.13-0.020.090.24-0.66-0.850.150.1-0.010.08-0.6-0.78-0.620.290.09-0.73-0.22-0.760.330.040.4
0.780.020.340.870.04-0.10.05-0.050.890.81-0.24-0.120.110.280.82-0.780.84-0.36-0.040.920.670.96-0.470.02-0.46
0.960.110.670.950.41-0.260.280.350.860.68-0.130.020.20.620.96-0.620.84-0.140.320.760.780.81-0.310.39-0.25
-0.17-0.420.11-0.360.690.53-0.310.61-0.52-0.270.33-0.150.680.22-0.280.29-0.36-0.140.72-0.62-0.03-0.430.730.750.25
0.33-0.220.550.140.90.28-0.10.87-0.120.010.17-0.190.540.610.220.09-0.040.320.72-0.310.25-0.110.550.910.32
0.70.140.220.85-0.23-0.350.24-0.260.950.74-0.33-0.04-0.220.140.77-0.730.920.76-0.62-0.310.610.94-0.69-0.26-0.48
0.72-0.040.720.730.43-0.180.250.410.70.54-0.170.050.270.710.73-0.220.670.78-0.030.250.610.66-0.30.32-0.2
0.740.060.290.85-0.04-0.06-0.01-0.120.90.78-0.24-0.06-0.010.220.8-0.760.960.81-0.43-0.110.940.66-0.51-0.06-0.45
-0.4-0.42-0.09-0.540.540.67-0.590.34-0.71-0.320.54-0.340.53-0.05-0.480.33-0.47-0.310.730.55-0.69-0.3-0.510.59-0.07
0.39-0.240.610.190.980.32-0.130.9-0.090.060.21-0.040.750.650.280.040.020.390.750.91-0.260.32-0.060.590.23
-0.010.230.31-0.160.25-0.160.270.51-0.28-0.37-0.260.520.050.35-0.080.4-0.46-0.250.250.32-0.48-0.2-0.45-0.070.23
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ABB India Account Relationship Matchups

ABB India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets75.9B80.7B93.2B110.0B126.5B132.8B
Other Current Liab16.5B17.2B9.6B9.5B11.0B13.9B
Total Current Liabilities39.3B40.0B43.5B50.1B57.7B35.3B
Total Stockholder Equity36.1B40.5B49.4B59.4B68.4B71.8B
Property Plant And Equipment Net8.4B8.8B9.5B10.4B11.9B8.8B
Net Debt(21.5B)(6.8B)(31.1B)(8.3B)(7.5B)(7.8B)
Cash22.0B7.2B31.5B8.8B10.1B8.1B
Non Current Assets Total15.1B14.4B14.2B14.5B16.7B11.3B
Cash And Short Term Investments22.0B26.9B39.4B48.1B55.4B58.1B
Liabilities And Stockholders Equity75.9B80.7B93.2B110.0B126.5B132.8B
Non Current Liabilities Total502M237.6M284.8M424.3M487.9M463.5M
Other Current Assets12.8B29.4B6.1B4.8B5.6B8.4B
Total Liab39.8B40.3B43.8B50.6B58.2B33.3B
Total Current Assets60.8B66.4B79.0B95.5B109.8B115.3B
Non Currrent Assets Other5.3B1.7B11.4B45.0B51.8B54.4B
Inventory8.4B10.1B14.2B15.6B17.9B18.8B
Short Long Term Debt Total582.4M366.6M330.9M489.8M563.3M535.1M
Net Receivables27.4B26.8B25.5B26.9B30.9B29.7B
Retained Earnings9.2B13.6B22.5B32.6B37.5B39.4B
Accounts Payable17.2B22.3B26.4B31.1B35.8B21.1B
Intangible Assets51.3M40.5M33.5M38.4M34.6M32.8M
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 Revenue21.6B14.8B7.0B8.9B8.0B8.9B
Short Term Debt(5.4B)181.3M(7.3B)200.5M180.5M171.4M
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 Obligations582.4M366.6M330.9M489.8M563.3M323.4M
Net Invested Capital36.1B40.5B49.4B59.4B68.4B47.6B
Net Working Capital21.5B26.3B35.5B45.3B52.1B30.4B

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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.