Abbott Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

ABBOTINDIA

27,378 117.90 0.43%

Abbott India financial indicator trend analysis is way more than just evaluating Abbott India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Abbott India Limited is a good investment. Please check the relationship between Abbott India Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abbott 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 estimate.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott India Limited Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak relationship.

The correlation between Abbott India's Cash And Short Term Investments and Common Stock Shares Outstanding is 0.36. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Abbott India Limited, assuming nothing else is changed. The correlation between historical values of Abbott India's Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Abbott India Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Abbott India's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.36

Relationship Direction	Positive
Relationship Strength	Very Weak

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Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Abbott India Limited balance sheet. This account contains Abbott India investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Abbott India Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

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

Most indicators from Abbott India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Abbott 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 Abbott 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 estimate.

As of the 29th of November 2024, Selling General Administrative is likely to drop to about 751.7 M. In addition to that, Tax Provision is likely to drop to about 2.7 B

	2021	2022	2023	2024 (projected)
Gross Profit	22.5B	23.7B	26.2B	27.5B
Total Revenue	49.1B	53.5B	58.5B	61.4B

Gross Profit Total Revenue

Abbott India fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Intangible Assets	Other Liab	Net Tangible Assets
Total Assets		-0.22	0.41	1.0	1.0	0.75	0.14	1.0	0.99	0.17	0.79	0.82	0.93	0.61	0.79	0.86	0.73	0.12	0.79	0.99	0.8	0.49	0.68	0.51	0.87	0.91
Short Long Term Debt Total	-0.22		-0.03	-0.2	-0.23	0.06	-0.13	-0.23	-0.19	0.16	-0.56	0.03	-0.05	-0.48	0.1	-0.09	0.33	0.07	-0.25	-0.19	0.15	0.52	0.18	-0.06	-0.22	-0.16
Other Current Liab	0.41	-0.03		0.45	0.41	0.24	-0.13	0.4	0.42	0.19	0.37	0.37	0.34	0.31	0.36	0.16	0.52	0.19	0.72	0.41	0.4	0.46	0.27	0.68	0.35	0.44
Total Current Liabilities	1.0	-0.2	0.45		0.99	0.74	0.15	0.99	1.0	0.15	0.76	0.84	0.94	0.58	0.81	0.85	0.76	0.15	0.81	1.0	0.82	0.48	0.69	0.52	0.87	0.92
Total Stockholder Equity	1.0	-0.23	0.41	0.99		0.73	0.12	1.0	0.99	0.18	0.81	0.79	0.92	0.64	0.77	0.85	0.72	0.1	0.8	0.99	0.78	0.5	0.67	0.51	0.86	0.9
Property Plant And Equipment Net	0.75	0.06	0.24	0.74	0.73		0.31	0.74	0.74	0.24	0.38	0.88	0.86	0.21	0.91	0.93	0.75	0.31	0.41	0.79	0.88	0.48	0.52	0.44	0.86	0.87
Net Debt	0.14	-0.13	-0.13	0.15	0.12	0.31		0.1	0.16	-0.83	-0.14	0.45	0.3	-0.23	0.35	0.36	0.17	0.2	0.05	0.2	0.34	-0.29	0.35	-0.01	0.25	0.3
Retained Earnings	1.0	-0.23	0.4	0.99	1.0	0.74	0.1		0.98	0.2	0.8	0.8	0.92	0.62	0.78	0.86	0.73	0.09	0.77	0.99	0.79	0.49	0.68	0.49	0.87	0.9
Accounts Payable	0.99	-0.19	0.42	1.0	0.99	0.74	0.16	0.98		0.14	0.74	0.85	0.94	0.56	0.82	0.85	0.77	0.14	0.8	0.99	0.83	0.47	0.72	0.49	0.88	0.92
Cash	0.17	0.16	0.19	0.15	0.18	0.24	-0.83	0.2	0.14		0.24	0.0	0.11	0.24	0.13	0.12	0.2	-0.03	0.04	0.14	0.11	0.47	-0.12	0.17	0.2	0.13
Non Current Assets Total	0.79	-0.56	0.37	0.76	0.81	0.38	-0.14	0.8	0.74	0.24		0.34	0.53	0.84	0.31	0.49	0.26	-0.08	0.75	0.73	0.32	0.32	0.29	0.5	0.6	0.6
Non Currrent Assets Other	0.82	0.03	0.37	0.84	0.79	0.88	0.45	0.8	0.85	0.0	0.34		0.95	0.2	0.98	0.9	0.88	0.28	0.54	0.87	0.98	0.4	0.75	0.4	0.88	0.94
Cash And Short Term Investments	0.93	-0.05	0.34	0.94	0.92	0.86	0.3	0.92	0.94	0.11	0.53	0.95		0.36	0.94	0.95	0.83	0.26	0.65	0.96	0.92	0.44	0.7	0.43	0.89	0.93
Common Stock Shares Outstanding	0.61	-0.48	0.31	0.58	0.64	0.21	-0.23	0.62	0.56	0.24	0.84	0.2	0.36		0.17	0.3	0.13	-0.08	0.61	0.55	0.19	0.43	0.21	0.33	0.45	0.44
Short Term Investments	0.79	0.1	0.36	0.81	0.77	0.91	0.35	0.78	0.82	0.13	0.31	0.98	0.94	0.17		0.91	0.89	0.31	0.48	0.84	0.98	0.45	0.71	0.41	0.89	0.92
Non Current Liabilities Total	0.86	-0.09	0.16	0.85	0.85	0.93	0.36	0.86	0.85	0.12	0.49	0.9	0.95	0.3	0.91		0.72	0.24	0.47	0.89	0.86	0.34	0.59	0.34	0.88	0.88
Inventory	0.73	0.33	0.52	0.76	0.72	0.75	0.17	0.73	0.77	0.2	0.26	0.88	0.83	0.13	0.89	0.72		0.14	0.56	0.77	0.95	0.65	0.82	0.43	0.76	0.84
Other Current Assets	0.12	0.07	0.19	0.15	0.1	0.31	0.2	0.09	0.14	-0.03	-0.08	0.28	0.26	-0.08	0.31	0.24	0.14		0.18	0.17	0.23	0.06	-0.07	0.56	0.2	0.17
Other Stockholder Equity	0.79	-0.25	0.72	0.81	0.8	0.41	0.05	0.77	0.8	0.04	0.75	0.54	0.65	0.61	0.48	0.47	0.56	0.18		0.78	0.53	0.46	0.45	0.61	0.6	0.66
Total Liab	0.99	-0.19	0.41	1.0	0.99	0.79	0.2	0.99	0.99	0.14	0.73	0.87	0.96	0.55	0.84	0.89	0.77	0.17	0.78		0.85	0.47	0.69	0.5	0.89	0.93
Total Current Assets	0.8	0.15	0.4	0.82	0.78	0.88	0.34	0.79	0.83	0.11	0.32	0.98	0.92	0.19	0.98	0.86	0.95	0.23	0.53	0.85		0.53	0.8	0.41	0.88	0.94
Common Stock	0.49	0.52	0.46	0.48	0.5	0.48	-0.29	0.49	0.47	0.47	0.32	0.4	0.44	0.43	0.45	0.34	0.65	0.06	0.46	0.47	0.53		0.48	0.44	0.42	0.47
Net Receivables	0.68	0.18	0.27	0.69	0.67	0.52	0.35	0.68	0.72	-0.12	0.29	0.75	0.7	0.21	0.71	0.59	0.82	-0.07	0.45	0.69	0.8	0.48		0.23	0.65	0.75
Intangible Assets	0.51	-0.06	0.68	0.52	0.51	0.44	-0.01	0.49	0.49	0.17	0.5	0.4	0.43	0.33	0.41	0.34	0.43	0.56	0.61	0.5	0.41	0.44	0.23		0.43	0.48
Other Liab	0.87	-0.22	0.35	0.87	0.86	0.86	0.25	0.87	0.88	0.2	0.6	0.88	0.89	0.45	0.89	0.88	0.76	0.2	0.6	0.89	0.88	0.42	0.65	0.43		0.97
Net Tangible Assets	0.91	-0.16	0.44	0.92	0.9	0.87	0.3	0.9	0.92	0.13	0.6	0.94	0.93	0.44	0.92	0.88	0.84	0.17	0.66	0.93	0.94	0.47	0.75	0.48	0.97

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Abbott India Account Relationship Matchups

Abbott India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	35.5B	38.4B	42.2B	45.6B	51.9B	54.5B
Other Current Liab	248.8M	2.1B	2.5B	2.5B	2.7B	1.6B
Total Current Liabilities	8.9B	10.3B	12.0B	12.1B	13.4B	14.1B
Total Stockholder Equity	24.3B	26.0B	28.2B	31.9B	37.0B	38.8B
Property Plant And Equipment Net	2.7B	2.5B	2.6B	2.3B	2.3B	1.3B
Net Debt	297.5M	(656.9M)	189.8M	(1.3B)	(2.1B)	(2.0B)
Retained Earnings	19.3B	20.2B	21.6B	24.3B	28.2B	29.6B
Accounts Payable	6.6B	7.6B	8.9B	8.9B	10.0B	10.5B
Cash	1.5B	2.2B	1.3B	2.4B	2.9B	1.7B
Non Current Assets Total	3.4B	3.2B	3.7B	15.3B	19.5B	20.5B
Non Currrent Assets Other	20.7B	22.1B	27.3B	18.2B	18.8B	10.8B
Cash And Short Term Investments	21.9B	24.0B	27.4B	20.1B	21.2B	22.2B
Short Term Investments	20.5B	21.8B	26.0B	17.7B	18.3B	9.4B
Liabilities And Stockholders Equity	35.5B	38.4B	42.2B	45.6B	51.9B	54.5B
Non Current Liabilities Total	2.2B	2.1B	2.0B	1.6B	1.5B	1.6B
Inventory	5.3B	7.2B	6.9B	6.5B	6.2B	3.9B
Other Stockholder Equity	3.8M	5.6B	6.4B	7.4B	8.1B	8.5B
Total Liab	11.2B	12.4B	14.0B	13.7B	14.9B	15.7B
Total Current Assets	32.0B	35.2B	38.5B	30.3B	32.5B	16.7B
Accumulated Other Comprehensive Income	4.8B	5.6B	6.4B	7.4B	451M	428.5M
Net Receivables	4.8B	3.5B	4.0B	4.3B	4.6B	3.2B
Intangible Assets	9.0M	11.7M	86.3M	75.2M	66.6M	41.3M
Other Liab	754.3M	848.4M	897.5M	924M	1.1B	694.2M
Net Tangible Assets	20.1B	24.3B	26.0B	28.1B	32.3B	19.4B
Other Assets	707.3M	704.9M	994.2M	169.3M	194.7M	185.0M
Property Plant Equipment	2.7B	2.5B	2.6B	2.3B	2.7B	1.8B
Current Deferred Revenue	1.7B	2.0B	40.7M	47.1M	74M	70.3M
Short Term Debt	356.8M	349M	429.5M	456.8M	464.7M	252.1M
Long Term Debt Total	1.4B	1.2B	1.1B	674.9M	776.1M	680.6M
Cash And Equivalents	1.2B	24.1B	650M	1.8B	2.0B	1.9B
Net Invested Capital	24.3B	26.0B	28.2B	31.9B	37.0B	29.0B
Net Working Capital	23.1B	24.9B	26.5B	18.2B	19.0B	23.1B

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

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Abbott Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Common Stock Shares Outstanding

Abbott India fundamental ratios Correlations

Abbott India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Abbott India fundamental ratios Accounts

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Other Information on Investing in Abbott Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity

Cash	- 0.83	Net Debt
Non Current Assets Total	- 0.56	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.48	Short Long Term Debt Total
Common Stock	- 0.29	Net Debt
Other Stockholder Equity	- 0.25	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.23	Net Debt