ABB Short Term Investments vs Total Assets 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 Short Term Investments and its Total 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ABB India Limited Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have very week relationship.

The correlation between ABB India's Short Term Investments and Total Assets is 0.24. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total 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 Short Term Investments and Total 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 Short Term Investments of ABB India Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., ABB India's Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Short Term Investments

Short Term Investments is an item under the current assets section of ABB India balance sheet. It contains any investments ABB India Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that ABB India Limited can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of ABB India 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 ABB India 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.

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 Expense	107M	131.1M	122.7M	116.6M
Depreciation And Amortization	1.0B	1.0B	1.2B	774.3M

Interest Expense Depreciation And Amortization

ABB India fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Non Currrent Assets Other	Inventory	Short Long Term Debt Total	Net Receivables	Retained Earnings	Accounts Payable	Short Term Investments	Intangible Assets	Property Plant Equipment	Other Assets
Total Assets		0.32	0.93	0.71	0.58	-0.44	0.52	0.7	0.49	0.29	-0.1	0.35	0.21	0.94	0.99	0.03	0.28	0.92	0.05	0.44	0.22	0.78	0.24	-0.21	0.52	0.38
Other Current Liab	0.32		0.3	0.33	-0.19	-0.47	0.37	-0.05	0.26	0.0	0.21	0.62	-0.18	0.28	0.37	-0.03	0.03	0.09	-0.43	-0.22	0.17	-0.04	0.07	-0.43	-0.24	0.23
Total Current Liabilities	0.93	0.3		0.62	0.72	-0.29	0.39	0.81	0.33	0.17	-0.07	0.43	0.36	0.98	0.89	0.06	0.19	0.84	0.21	0.59	0.05	0.67	0.12	0.0	0.67	0.47
Total Stockholder Equity	0.71	0.33	0.62		0.21	-0.51	0.47	0.26	0.91	0.69	-0.23	0.22	-0.03	0.57	0.76	-0.63	0.79	0.71	-0.31	0.16	0.76	0.69	0.77	-0.51	0.25	0.01
Property Plant And Equipment Net	0.58	-0.19	0.72	0.21		0.26	-0.07	0.94	-0.14	-0.05	0.22	-0.01	0.72	0.77	0.45	0.19	-0.05	0.6	0.74	0.91	-0.37	0.45	-0.14	0.59	0.99	0.3
Net Debt	-0.44	-0.47	-0.29	-0.51	0.26		-0.96	0.07	-0.59	-0.02	0.22	-0.29	0.55	-0.25	-0.52	0.01	-0.15	-0.36	0.55	0.28	-0.45	-0.25	-0.1	0.7	0.32	-0.15
Cash	0.52	0.37	0.39	0.47	-0.07	-0.96		0.14	0.51	-0.07	-0.24	0.28	-0.4	0.39	0.57	0.11	0.07	0.44	-0.31	-0.1	0.31	0.33	-0.01	-0.6	-0.14	0.28
Non Current Assets Total	0.7	-0.05	0.81	0.26	0.94	0.07	0.14		-0.08	-0.14	0.04	0.16	0.59	0.87	0.57	0.3	-0.12	0.62	0.65	0.87	-0.37	0.45	-0.2	0.38	0.89	0.57
Cash And Short Term Investments	0.49	0.26	0.33	0.91	-0.14	-0.59	0.51	-0.08		0.74	-0.31	0.15	-0.31	0.26	0.58	-0.7	0.83	0.54	-0.51	-0.16	0.93	0.63	0.85	-0.72	-0.08	-0.16
Common Stock Shares Outstanding	0.29	0.0	0.17	0.69	-0.05	-0.02	-0.07	-0.14	0.74		-0.16	-0.12	0.07	0.12	0.36	-0.84	0.95	0.39	-0.31	-0.1	0.81	0.55	0.91	-0.35	0.06	-0.41
Non Current Liabilities Total	-0.1	0.21	-0.07	-0.23	0.22	0.22	-0.24	0.04	-0.31	-0.16		-0.18	0.29	0.0	-0.12	0.17	-0.23	-0.03	0.32	0.17	-0.34	-0.14	-0.23	0.54	0.21	-0.3
Other Current Assets	0.35	0.62	0.43	0.22	-0.01	-0.29	0.28	0.16	0.15	-0.12	-0.18		0.09	0.38	0.36	0.12	-0.08	0.13	-0.17	-0.19	0.02	0.14	0.0	-0.37	-0.05	0.52
Other Stockholder Equity	0.21	-0.18	0.36	-0.03	0.72	0.55	-0.4	0.59	-0.31	0.07	0.29	0.09		0.44	0.11	0.01	0.03	0.2	0.73	0.55	-0.38	0.21	-0.12	0.59	0.77	0.1
Total Liab	0.94	0.28	0.98	0.57	0.77	-0.25	0.39	0.87	0.26	0.12	0.0	0.38	0.44		0.88	0.14	0.12	0.83	0.32	0.65	-0.04	0.66	0.04	0.04	0.71	0.5
Total Current Assets	0.99	0.37	0.89	0.76	0.45	-0.52	0.57	0.57	0.58	0.36	-0.12	0.36	0.11	0.88		-0.03	0.35	0.92	-0.08	0.31	0.34	0.79	0.32	-0.32	0.4	0.31
Common Stock	0.03	-0.03	0.06	-0.63	0.19	0.01	0.11	0.3	-0.7	-0.84	0.17	0.12	0.01	0.14	-0.03		-0.93	-0.06	0.33	0.14	-0.81	-0.24	-0.89	0.36	0.05	0.44
Non Currrent Assets Other	0.28	0.03	0.19	0.79	-0.05	-0.15	0.07	-0.12	0.83	0.95	-0.23	-0.08	0.03	0.12	0.35	-0.93		0.38	-0.31	-0.07	0.88	0.54	0.93	-0.42	0.07	-0.39
Inventory	0.92	0.09	0.84	0.71	0.6	-0.36	0.44	0.62	0.54	0.39	-0.03	0.13	0.2	0.83	0.92	-0.06	0.38		0.1	0.45	0.32	0.9	0.34	-0.07	0.57	0.07
Short Long Term Debt Total	0.05	-0.43	0.21	-0.31	0.74	0.55	-0.31	0.65	-0.51	-0.31	0.32	-0.17	0.73	0.32	-0.08	0.33	-0.31	0.1		0.73	-0.65	0.13	-0.41	0.72	0.75	0.22
Net Receivables	0.44	-0.22	0.59	0.16	0.91	0.28	-0.1	0.87	-0.16	-0.1	0.17	-0.19	0.55	0.65	0.31	0.14	-0.07	0.45	0.73		-0.39	0.32	-0.15	0.57	0.9	0.34
Retained Earnings	0.22	0.17	0.05	0.76	-0.37	-0.45	0.31	-0.37	0.93	0.81	-0.34	0.02	-0.38	-0.04	0.34	-0.81	0.88	0.32	-0.65	-0.39		0.46	0.9	-0.71	-0.29	-0.41
Accounts Payable	0.78	-0.04	0.67	0.69	0.45	-0.25	0.33	0.45	0.63	0.55	-0.14	0.14	0.21	0.66	0.79	-0.24	0.54	0.9	0.13	0.32	0.46		0.52	-0.21	0.46	-0.03
Short Term Investments	0.24	0.07	0.12	0.77	-0.14	-0.1	-0.01	-0.2	0.85	0.91	-0.23	0.0	-0.12	0.04	0.32	-0.89	0.93	0.34	-0.41	-0.15	0.9	0.52		-0.48	-0.03	-0.37
Intangible Assets	-0.21	-0.43	0.0	-0.51	0.59	0.7	-0.6	0.38	-0.72	-0.35	0.54	-0.37	0.59	0.04	-0.32	0.36	-0.42	-0.07	0.72	0.57	-0.71	-0.21	-0.48		0.59	-0.14
Property Plant Equipment	0.52	-0.24	0.67	0.25	0.99	0.32	-0.14	0.89	-0.08	0.06	0.21	-0.05	0.77	0.71	0.4	0.05	0.07	0.57	0.75	0.9	-0.29	0.46	-0.03	0.59		0.21
Other Assets	0.38	0.23	0.47	0.01	0.3	-0.15	0.28	0.57	-0.16	-0.41	-0.3	0.52	0.1	0.5	0.31	0.44	-0.39	0.07	0.22	0.34	-0.41	-0.03	-0.37	-0.14	0.21

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ABB India Account Relationship Matchups

ABB India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	77.0B	75.9B	80.7B	93.2B	110.0B	59.9B
Other Current Liab	19.7B	16.5B	17.2B	9.6B	9.5B	13.9B
Total Current Liabilities	41.3B	39.3B	40.0B	43.5B	50.1B	35.3B
Total Stockholder Equity	35.2B	36.1B	40.5B	49.4B	59.4B	62.4B
Property Plant And Equipment Net	7.8B	8.4B	8.8B	9.5B	10.4B	8.8B
Net Debt	(15.8B)	(21.5B)	(6.8B)	(31.1B)	(8.3B)	(8.7B)
Cash	15.9B	22.0B	7.2B	31.5B	8.8B	8.1B
Non Current Assets Total	13.0B	15.1B	14.4B	14.2B	14.5B	11.3B
Cash And Short Term Investments	15.9B	22.0B	26.9B	39.4B	48.1B	50.6B
Liabilities And Stockholders Equity	77.0B	75.9B	80.7B	93.2B	110.0B	59.9B
Non Current Liabilities Total	555.9M	502M	237.6M	284.8M	424.3M	403.1M
Other Current Assets	3.0B	12.8B	29.4B	6.1B	4.8B	8.4B
Total Liab	41.8B	39.8B	40.3B	43.8B	50.6B	33.3B
Total Current Assets	64.0B	60.8B	66.4B	79.0B	95.5B	48.5B
Non Currrent Assets Other	3.8B	5.3B	1.7B	11.4B	45.0B	47.3B
Inventory	8.6B	8.4B	10.1B	14.2B	15.6B	8.2B
Short Long Term Debt Total	135.4M	582.4M	366.6M	330.9M	489.8M	465.3M
Net Receivables	32.2B	27.4B	26.8B	25.5B	26.9B	29.7B
Retained Earnings	8.3B	9.2B	13.6B	22.5B	32.6B	34.2B
Accounts Payable	19.0B	17.2B	22.3B	26.4B	31.1B	21.1B
Intangible Assets	72.7M	51.3M	40.5M	33.5M	38.4M	36.5M
Property Plant Equipment	7.8B	8.4B	8.8B	9.5B	10.9B	10.4B
Other Assets	5.0B	6.5B	5.4B	898.4M	1.0B	981.5M
Other Liab	485.3M	52.7M	52.3M	74.5M	67.1M	63.7M
Current Deferred Revenue	2.4B	21.6B	14.8B	7.0B	8.9B	8.9B
Short Term Debt	64.8M	(5.4B)	181.3M	(7.3B)	200.5M	190.5M
Net Tangible Assets	35.0B	35.9B	40.3B	49.2B	56.6B	38.4B
Long Term Debt Total	70.6M	449.3M	185.3M	210.3M	189.3M	179.8M
Cash And Equivalents	9.2B	19.3B	5B	29B	33.4B	35.0B
Capital Lease Obligations	135.4M	582.4M	366.6M	330.9M	489.8M	323.4M
Net Invested Capital	35.2B	36.1B	40.5B	49.4B	59.4B	47.6B
Net Working Capital	22.7B	21.5B	26.3B	35.5B	45.3B	30.4B

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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.

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ABB Short Term Investments vs Total Assets Analysis

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Assets

ABB India fundamental ratios Correlations

ABB India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ABB India fundamental ratios Accounts

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Other Information on Investing in ABB Stock

COMMON DESTINATIONS

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Total Current Assets	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.98	Total Current Liabilities
Non Currrent Assets Other	+ 0.95	Common Stock Shares Outstanding
Total Liab	+ 0.94	Total Assets
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net

Cash	- 0.96	Net Debt
Non Currrent Assets Other	- 0.93	Common Stock
Short Term Investments	- 0.89	Common Stock
Common Stock	- 0.84	Common Stock Shares Outstanding
Retained Earnings	- 0.81	Common Stock
Intangible Assets	- 0.72	Cash And Short Term Investments