Abbott Other Current Assets vs Non Current Liabilities Total 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 Other Current Assets and its Non Current Liabilities Total 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.

Other Current Assets vs Non Current Liabilities Total

Other Current Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Abbott India Limited Other Current Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Abbott India's Other Current Assets and Non Current Liabilities Total is -0.4. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Liabilities Total 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 Other Current Assets and Non Current Liabilities Total 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 Assets of Abbott India Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Other Current Assets i.e., Abbott India's Other Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

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.

Non Current Liabilities Total

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.