Aditya Retained Earnings vs Inventory Analysis

ABSLAMC Stock   826.50  18.05  2.14%   
Aditya Birla financial indicator trend analysis is way more than just evaluating Aditya Birla Sun prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aditya Birla Sun is a good investment. Please check the relationship between Aditya Birla Retained Earnings and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditya Birla Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Sun Retained Earnings account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aditya Birla's Retained Earnings and Inventory is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory in the same time period over historical financial statements of Aditya Birla Sun, assuming nothing else is changed. The correlation between historical values of Aditya Birla's Retained Earnings and 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 Retained Earnings of Aditya Birla Sun are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Aditya Birla's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

Most indicators from Aditya Birla's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aditya Birla Sun 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 Aditya Birla Sun. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 12, 2024, Selling General Administrative is expected to decline to about 62.2 M. In addition to that, Tax Provision is expected to decline to about 2.2 B
 2021 2022 2023 2024 (projected)
Gross Profit10.9B9.3B12.7B8.9B
Total Revenue12.9B12.3B16.4B11.3B

Aditya Birla fundamental ratios Correlations

0.810.030.420.920.580.770.95-0.030.550.340.620.520.740.250.360.740.670.74-0.25-0.160.80.290.040.880.5
0.810.040.430.850.890.890.870.310.760.390.550.160.830.460.020.820.340.590.03-0.180.70.60.240.620.86
0.030.040.84-0.11-0.04-0.1-0.06-0.250.23-0.56-0.070.260.390.380.270.390.130.03-0.230.530.370.26-0.17-0.270.05
0.420.430.840.210.240.310.28-0.070.42-0.460.040.520.590.340.510.590.480.23-0.40.440.720.260.10.070.31
0.920.85-0.110.210.740.751.00.150.650.620.740.160.790.42-0.040.790.330.750.12-0.370.610.550.020.870.66
0.580.89-0.040.240.740.730.720.490.780.60.44-0.20.680.6-0.310.680.010.380.34-0.380.540.770.190.460.96
0.770.89-0.10.310.750.730.770.40.380.30.650.340.660.320.160.660.460.71-0.220.050.640.340.30.580.62
0.950.87-0.060.281.00.720.770.110.650.560.720.240.80.40.050.80.410.750.03-0.310.670.510.030.870.65
-0.030.31-0.25-0.070.150.490.40.110.060.360.24-0.410.110.5-0.470.11-0.330.120.36-0.120.00.370.34-0.050.41
0.550.760.230.420.650.780.380.650.060.380.18-0.150.730.48-0.190.720.020.170.39-0.460.520.740.070.430.88
0.340.39-0.56-0.460.620.60.30.560.360.380.38-0.50.160.4-0.590.16-0.240.20.58-0.80.070.43-0.150.520.51
0.620.55-0.070.040.740.440.650.720.240.180.380.090.70.35-0.170.710.080.960.110.060.210.50.060.60.3
0.520.160.260.520.16-0.20.340.24-0.41-0.15-0.50.090.17-0.340.960.180.940.37-0.890.50.6-0.460.060.35-0.27
0.740.830.390.590.790.680.660.80.110.730.160.70.170.5-0.011.00.20.740.10.050.570.760.170.530.69
0.250.460.380.340.420.60.320.40.50.480.40.35-0.340.5-0.430.5-0.210.240.35-0.130.370.67-0.190.070.56
0.360.020.270.51-0.04-0.310.160.05-0.47-0.19-0.59-0.170.96-0.01-0.43-0.010.910.12-0.910.470.54-0.590.050.2-0.34
0.740.820.390.590.790.680.660.80.110.720.160.710.181.00.5-0.010.20.750.090.060.570.750.170.530.69
0.670.340.130.480.330.010.460.41-0.330.02-0.240.080.940.2-0.210.910.20.34-0.840.260.76-0.40.00.49-0.08
0.740.590.030.230.750.380.710.750.120.170.20.960.370.740.240.120.750.34-0.140.20.380.380.120.660.24
-0.250.03-0.23-0.40.120.34-0.220.030.360.390.580.11-0.890.10.35-0.910.09-0.84-0.14-0.65-0.470.63-0.020.00.42
-0.16-0.180.530.44-0.37-0.380.05-0.31-0.12-0.46-0.80.060.50.05-0.130.470.060.260.2-0.650.05-0.240.12-0.46-0.41
0.80.70.370.720.610.540.640.670.00.520.070.210.60.570.370.540.570.760.38-0.470.050.2-0.020.520.47
0.290.60.260.260.550.770.340.510.370.740.430.5-0.460.760.67-0.590.75-0.40.380.63-0.240.20.120.210.8
0.040.24-0.170.10.020.190.30.030.340.07-0.150.060.060.17-0.190.050.170.00.12-0.020.12-0.020.120.010.23
0.880.62-0.270.070.870.460.580.87-0.050.430.520.60.350.530.070.20.530.490.660.0-0.460.520.210.010.36
0.50.860.050.310.660.960.620.650.410.880.510.3-0.270.690.56-0.340.69-0.080.240.42-0.410.470.80.230.36
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Aditya Birla Account Relationship Matchups

Aditya Birla fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B19.8B24.3B27.9B35.0B36.8B
Short Long Term Debt Total620.8M593.1M543.7M480.3M790.9M830.4M
Other Current Liab917.1M1.3B971.2M(126.2M)951.6M676.2M
Total Current Liabilities1.6B2.2B1.8B588.7M1.8B1.5B
Total Stockholder Equity13.2B17.0B22.0B25.2B31.7B33.3B
Property Plant And Equipment Net739.2M638.8M637.9M624.9M1.0B527.2M
Net Debt154.8M27.8M(108.8M)144.3M399.9M419.9M
Retained Earnings12.8B16.7B19.9B22.7B29.1B30.5B
Accounts Payable474.0M373.9M304.1M482M576.2M469.1M
Cash466.1M565.3M652.5M336.1M391M389.9M
Non Current Assets Total3.2B2.8B8.8B25.9B14.1B8.8B
Non Currrent Assets Other403.9M43.8M20.8M1.0B20.1B21.1B
Cash And Short Term Investments11.3B16.1B14.3B1.3B19.8B20.8B
Net Receivables404.6M309.5M261.6M254.5M407.3M351.5M
Short Term Investments10.8B15.5B13.7B930.3M19.4B20.4B
Liabilities And Stockholders Equity15.7B19.8B24.3B27.9B35.0B36.8B
Non Current Liabilities Total979.0M595.7M605.2M2.1B1.6B1.7B
Inventory273.6M143.6M300.9M(263.6M)10.8B11.4B
Other Current Assets536.8M1.2B7.4B1.1B1.1B1.1B
Total Liab2.6B2.8B2.4B2.7B3.3B2.2B
Total Current Assets12.5B17.1B15.5B1.9B21.0B12.0B
Accumulated Other Comprehensive Income149.9M151.8M654.6M1.0B1.1B1.4B
Intangible Assets132.5M142.9M112.1M98.1M122M116.5M
Short Term Debt180.6M226.7M205.3M126.1M193.3M128.2M
Good Will153.9M142.8M79.6M68.4M263.5M142.7M
Current Deferred Revenue883.5M1.5B1.1B(394.5M)(193.3M)(183.6M)
Capital Lease Obligations620.8M593.1M543.7M480.3M790.9M499.7M
Net Invested Capital13.2B17.0B22.0B25.2B31.7B22.2B
Non Current Liabilities Other1.6M1.6M249.1M377.0M205.5M153.3M
Net Working Capital10.9B14.9B1.2B1.3B821.6M780.5M

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Other Information on Investing in Aditya Stock

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