Abbott Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

ABBOTINDIA   30,196  382.00  1.28%   
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 Non Currrent Assets Other 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.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other 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 Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Abbott India's Non Currrent Assets Other and Common Stock Shares Outstanding is 0.23. Overlapping area represents the amount of variation of Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other 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 Non Currrent Assets Other i.e., Abbott India's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

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 27th of February 2025, 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
 2022 2023 2024 2025 (projected)
Gross Profit23.7B19.5B22.4B23.5B
Total Revenue53.5B58.5B67.3B70.6B

Abbott India fundamental ratios Correlations

-0.320.761.01.00.90.071.00.990.440.850.790.930.860.630.910.860.72-0.410.981.00.940.480.570.860.89
-0.32-0.16-0.3-0.33-0.17-0.11-0.32-0.29-0.06-0.59-0.03-0.14-0.06-0.39-0.11-0.160.230.54-0.36-0.29-0.090.53-0.14-0.26-0.21
0.76-0.160.760.750.710.010.760.750.360.620.790.740.60.420.740.690.78-0.320.730.760.730.570.710.860.86
1.0-0.30.760.990.890.090.991.00.420.830.810.940.860.610.920.850.74-0.390.981.00.950.480.580.860.89
1.0-0.330.750.990.890.061.00.990.450.870.770.920.860.640.890.850.7-0.410.980.990.930.480.570.850.88
0.9-0.170.710.890.890.180.890.880.410.670.830.940.690.460.930.970.68-0.40.850.910.910.460.50.850.86
0.07-0.110.010.090.060.180.040.1-0.81-0.160.40.250.2-0.160.250.310.12-0.140.120.130.21-0.28-0.060.210.26
1.0-0.320.760.991.00.890.040.990.470.860.770.920.860.630.90.850.71-0.410.970.990.930.470.560.850.88
0.99-0.290.751.00.990.880.10.990.40.810.820.950.880.590.920.850.76-0.390.970.990.960.470.550.870.9
0.44-0.060.360.420.450.41-0.810.470.40.540.080.30.190.450.30.280.22-0.120.360.390.310.450.270.290.24
0.85-0.590.620.830.870.67-0.160.860.810.540.410.620.620.750.570.560.35-0.50.880.80.630.310.570.620.63
0.79-0.030.790.810.770.830.40.770.820.080.410.930.740.230.930.890.89-0.280.740.840.910.430.470.90.95
0.93-0.140.740.940.920.940.250.920.950.30.620.930.820.431.00.950.81-0.360.880.960.990.450.480.890.93
0.86-0.060.60.860.860.690.20.860.880.190.620.740.820.470.810.710.76-0.150.840.860.880.510.380.750.8
0.63-0.390.420.610.640.46-0.160.630.590.450.750.230.430.470.390.360.2-0.30.650.580.450.420.350.40.39
0.91-0.110.740.920.890.930.250.90.920.30.570.931.00.810.390.950.82-0.310.840.940.980.440.470.890.92
0.86-0.160.690.850.850.970.310.850.850.280.560.890.950.710.360.950.72-0.40.790.890.920.360.40.880.89
0.720.230.780.740.70.680.120.710.760.220.350.890.810.760.20.820.72-0.060.660.750.850.680.50.80.87
-0.410.54-0.32-0.39-0.41-0.4-0.14-0.41-0.39-0.12-0.5-0.28-0.36-0.15-0.3-0.31-0.4-0.06-0.44-0.4-0.290.13-0.02-0.44-0.37
0.98-0.360.730.980.980.850.120.970.970.360.880.740.880.840.650.840.790.66-0.440.970.890.460.580.810.85
1.0-0.290.761.00.990.910.130.990.990.390.80.840.960.860.580.940.890.75-0.40.970.960.470.560.880.91
0.94-0.090.730.950.930.910.210.930.960.310.630.910.990.880.450.980.920.85-0.290.890.960.510.480.870.92
0.480.530.570.480.480.46-0.280.470.470.450.310.430.450.510.420.440.360.680.130.460.470.510.470.410.46
0.57-0.140.710.580.570.5-0.060.560.550.270.570.470.480.380.350.470.40.5-0.020.580.560.480.470.510.55
0.86-0.260.860.860.850.850.210.850.870.290.620.90.890.750.40.890.880.8-0.440.810.880.870.410.510.97
0.89-0.210.860.890.880.860.260.880.90.240.630.950.930.80.390.920.890.87-0.370.850.910.920.460.550.97
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Abbott India Account Relationship Matchups

Abbott India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets38.4B42.2B45.6B51.9B59.7B62.7B
Short Long Term Debt Total1.5B1.5B1.1B832.3M957.1M751.0M
Other Current Liab2.1B2.5B2.5B2.7B3.2B1.6B
Total Current Liabilities10.3B12.0B12.1B13.4B15.4B16.2B
Total Stockholder Equity26.0B28.2B31.9B37.0B42.5B44.7B
Property Plant And Equipment Net2.5B2.6B2.3B2.3B2.6B2.8B
Net Debt(656.9M)189.8M(1.3B)(2.1B)(1.9B)(1.8B)
Retained Earnings20.2B21.6B24.3B28.2B32.4B34.0B
Accounts Payable7.6B8.9B8.9B10.0B11.5B12.1B
Cash2.2B1.3B2.4B2.9B3.4B3.5B
Non Current Assets Total3.2B3.7B15.3B19.5B22.4B23.5B
Non Currrent Assets Other22.1B27.3B18.2B18.8B21.6B10.8B
Cash And Short Term Investments24.0B27.4B20.1B21.2B24.4B25.6B
Net Receivables3.5B4.0B4.3B4.6B5.3B5.6B
Short Term Investments21.8B26.0B17.7B18.3B21.0B22.1B
Liabilities And Stockholders Equity38.4B42.2B45.6B51.9B59.7B62.7B
Non Current Liabilities Total2.1B2.0B1.6B1.5B1.7B1.8B
Inventory7.2B6.9B6.5B6.2B7.1B3.9B
Other Current Assets370.3M4.3B132.7M311.8M358.6M340.6M
Other Stockholder Equity5.6B6.4B7.4B8.6B9.9B10.4B
Total Liab12.4B14.0B13.7B14.9B17.2B18.0B
Total Current Assets35.2B38.5B30.3B32.5B37.3B39.2B
Accumulated Other Comprehensive Income5.6B6.4B7.4B451M518.7M907.2M
Intangible Assets11.7M86.3M75.2M66.6M76.6M41.3M
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 Revenue2.0B40.7M47.1M74M85.1M80.8M
Short Term Debt349M429.5M456.8M464.7M534.4M561.1M
Long Term Debt Total1.4B1.2B1.1B674.9M776.1M680.6M
Cash And Equivalents1.2B24.1B650M1.8B2.0B1.9B
Net Invested Capital26.0B28.2B31.9B37.0B42.5B29.0B
Net Working Capital24.9B26.5B18.2B19.0B21.9B23.1B
Capital Lease Obligations1.5B1.5B1.1B832.3M749.1M1.1B
Property Plant And Equipment Gross3.3B3.7B2.3B2.3B2.1B2.5B

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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.