Abbott Change In Cash vs Change To Inventory 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 Change In Cash and its Change To Inventory 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.

Change In Cash vs Change To Inventory

Change In Cash vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott India Limited Change In Cash account and Change To Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Abbott India's Change In Cash and Change To Inventory is 0.05. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Change To Inventory 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 Change In Cash and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Abbott India Limited are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change In Cash i.e., Abbott India's Change In Cash and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change In Cash

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
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 Profit22.5B23.7B26.2B27.5B
Total Revenue49.1B53.5B58.5B61.4B

Abbott India fundamental ratios Correlations

-0.220.411.01.00.750.141.00.990.170.790.820.930.610.790.860.730.120.790.990.80.490.680.510.870.91
-0.22-0.03-0.2-0.230.06-0.13-0.23-0.190.16-0.560.03-0.05-0.480.1-0.090.330.07-0.25-0.190.150.520.18-0.06-0.22-0.16
0.41-0.030.450.410.24-0.130.40.420.190.370.370.340.310.360.160.520.190.720.410.40.460.270.680.350.44
1.0-0.20.450.990.740.150.991.00.150.760.840.940.580.810.850.760.150.811.00.820.480.690.520.870.92
1.0-0.230.410.990.730.121.00.990.180.810.790.920.640.770.850.720.10.80.990.780.50.670.510.860.9
0.750.060.240.740.730.310.740.740.240.380.880.860.210.910.930.750.310.410.790.880.480.520.440.860.87
0.14-0.13-0.130.150.120.310.10.16-0.83-0.140.450.3-0.230.350.360.170.20.050.20.34-0.290.35-0.010.250.3
1.0-0.230.40.991.00.740.10.980.20.80.80.920.620.780.860.730.090.770.990.790.490.680.490.870.9
0.99-0.190.421.00.990.740.160.980.140.740.850.940.560.820.850.770.140.80.990.830.470.720.490.880.92
0.170.160.190.150.180.24-0.830.20.140.240.00.110.240.130.120.2-0.030.040.140.110.47-0.120.170.20.13
0.79-0.560.370.760.810.38-0.140.80.740.240.340.530.840.310.490.26-0.080.750.730.320.320.290.50.60.6
0.820.030.370.840.790.880.450.80.850.00.340.950.20.980.90.880.280.540.870.980.40.750.40.880.94
0.93-0.050.340.940.920.860.30.920.940.110.530.950.360.940.950.830.260.650.960.920.440.70.430.890.93
0.61-0.480.310.580.640.21-0.230.620.560.240.840.20.360.170.30.13-0.080.610.550.190.430.210.330.450.44
0.790.10.360.810.770.910.350.780.820.130.310.980.940.170.910.890.310.480.840.980.450.710.410.890.92
0.86-0.090.160.850.850.930.360.860.850.120.490.90.950.30.910.720.240.470.890.860.340.590.340.880.88
0.730.330.520.760.720.750.170.730.770.20.260.880.830.130.890.720.140.560.770.950.650.820.430.760.84
0.120.070.190.150.10.310.20.090.14-0.03-0.080.280.26-0.080.310.240.140.180.170.230.06-0.070.560.20.17
0.79-0.250.720.810.80.410.050.770.80.040.750.540.650.610.480.470.560.180.780.530.460.450.610.60.66
0.99-0.190.411.00.990.790.20.990.990.140.730.870.960.550.840.890.770.170.780.850.470.690.50.890.93
0.80.150.40.820.780.880.340.790.830.110.320.980.920.190.980.860.950.230.530.850.530.80.410.880.94
0.490.520.460.480.50.48-0.290.490.470.470.320.40.440.430.450.340.650.060.460.470.530.480.440.420.47
0.680.180.270.690.670.520.350.680.72-0.120.290.750.70.210.710.590.82-0.070.450.690.80.480.230.650.75
0.51-0.060.680.520.510.44-0.010.490.490.170.50.40.430.330.410.340.430.560.610.50.410.440.230.430.48
0.87-0.220.350.870.860.860.250.870.880.20.60.880.890.450.890.880.760.20.60.890.880.420.650.430.97
0.91-0.160.440.920.90.870.30.90.920.130.60.940.930.440.920.880.840.170.660.930.940.470.750.480.97
Click cells to compare fundamentals

Abbott India Account Relationship Matchups

Abbott India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.5B38.4B42.2B45.6B51.9B54.5B
Other Current Liab248.8M2.1B2.5B2.5B2.7B1.6B
Total Current Liabilities8.9B10.3B12.0B12.1B13.4B14.1B
Total Stockholder Equity24.3B26.0B28.2B31.9B37.0B38.8B
Property Plant And Equipment Net2.7B2.5B2.6B2.3B2.3B1.3B
Net Debt297.5M(656.9M)189.8M(1.3B)(2.1B)(2.0B)
Retained Earnings19.3B20.2B21.6B24.3B28.2B29.6B
Accounts Payable6.6B7.6B8.9B8.9B10.0B10.5B
Cash1.5B2.2B1.3B2.4B2.9B1.7B
Non Current Assets Total3.4B3.2B3.7B15.3B19.5B20.5B
Non Currrent Assets Other20.7B22.1B27.3B18.2B18.8B10.8B
Cash And Short Term Investments21.9B24.0B27.4B20.1B21.2B22.2B
Short Term Investments20.5B21.8B26.0B17.7B18.3B9.4B
Liabilities And Stockholders Equity35.5B38.4B42.2B45.6B51.9B54.5B
Non Current Liabilities Total2.2B2.1B2.0B1.6B1.5B1.6B
Inventory5.3B7.2B6.9B6.5B6.2B3.9B
Other Stockholder Equity3.8M5.6B6.4B7.4B8.1B8.5B
Total Liab11.2B12.4B14.0B13.7B14.9B15.7B
Total Current Assets32.0B35.2B38.5B30.3B32.5B16.7B
Accumulated Other Comprehensive Income4.8B5.6B6.4B7.4B451M428.5M
Net Receivables4.8B3.5B4.0B4.3B4.6B3.2B
Intangible Assets9.0M11.7M86.3M75.2M66.6M41.3M
Other Liab754.3M848.4M897.5M924M1.1B694.2M
Net Tangible Assets20.1B24.3B26.0B28.1B32.3B19.4B
Other Assets707.3M704.9M994.2M169.3M194.7M185.0M
Property Plant Equipment2.7B2.5B2.6B2.3B2.7B1.8B
Current Deferred Revenue1.7B2.0B40.7M47.1M74M70.3M
Short Term Debt356.8M349M429.5M456.8M464.7M252.1M
Long Term Debt Total1.4B1.2B1.1B674.9M776.1M680.6M
Cash And Equivalents1.2B24.1B650M1.8B2.0B1.9B
Net Invested Capital24.3B26.0B28.2B31.9B37.0B29.0B
Net Working Capital23.1B24.9B26.5B18.2B19.0B23.1B

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Other Information on Investing in Abbott Stock

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.