Aditya Total Current Assets vs Total Revenue Analysis

ABSLAMC Stock   615.50  15.05  2.39%   
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 Total Current Assets and its Total Revenue 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.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aditya Birla Sun Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Aditya Birla's Total Current Assets and Total Revenue is 0.75. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Aditya Birla Sun are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Aditya Birla's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts Aditya Birla Sun generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
The current year's Issuance Of Capital Stock is expected to grow to about 603.8 K, whereas Selling General Administrative is forecasted to decline to about 56 M.
 2022 2023 2024 2025 (projected)
Gross Profit9.3B12.7B14.6B8.9B
Total Revenue12.3B16.4B18.8B11.3B

Aditya Birla fundamental ratios Correlations

0.860.030.480.940.790.840.970.110.540.410.750.570.820.350.40.820.690.83-0.25-0.060.810.590.150.910.54
0.860.040.490.890.970.920.90.370.740.450.680.270.870.510.110.870.420.70.0-0.10.730.760.310.710.85
0.030.040.81-0.08-0.05-0.08-0.04-0.230.23-0.53-0.040.260.330.370.280.330.130.04-0.240.530.350.19-0.16-0.220.06
0.480.490.810.320.340.40.370.030.45-0.340.20.560.620.40.540.620.510.34-0.410.450.750.350.170.20.37
0.940.89-0.080.320.890.821.00.250.630.630.830.280.850.480.080.850.420.840.06-0.230.680.770.140.910.67
0.790.97-0.050.340.890.880.890.490.730.590.740.060.850.61-0.120.850.210.710.2-0.20.60.850.260.690.87
0.840.92-0.080.40.820.880.840.460.420.370.750.420.750.410.240.760.520.79-0.220.110.70.610.360.690.64
0.970.9-0.040.371.00.890.840.220.630.570.820.350.860.470.150.860.480.84-0.01-0.180.720.740.150.910.65
0.110.37-0.230.030.250.490.460.220.110.410.34-0.310.220.54-0.380.22-0.240.250.32-0.080.140.40.390.080.46
0.540.740.230.450.630.730.420.630.110.410.25-0.090.70.51-0.140.690.070.240.36-0.420.540.70.110.450.89
0.410.45-0.53-0.340.630.590.370.570.410.410.44-0.390.260.45-0.50.26-0.160.30.53-0.730.190.46-0.070.560.55
0.750.68-0.040.20.830.740.750.820.340.250.440.250.80.43-0.010.810.230.970.040.130.410.770.180.720.39
0.570.270.260.560.280.060.420.35-0.31-0.09-0.390.250.29-0.230.960.30.940.46-0.880.510.63-0.140.120.44-0.17
0.820.870.330.620.850.850.750.860.220.70.260.80.290.550.091.00.310.830.040.110.640.90.260.660.69
0.350.510.370.40.480.610.410.470.540.510.450.43-0.230.55-0.340.55-0.120.350.31-0.080.450.67-0.10.20.6
0.40.110.280.540.08-0.120.240.15-0.38-0.14-0.5-0.010.960.09-0.340.10.910.21-0.90.480.56-0.350.10.26-0.25
0.820.870.330.620.850.850.760.860.220.690.260.810.31.00.550.10.310.830.040.120.640.90.260.660.69
0.690.420.130.510.420.210.520.48-0.240.07-0.160.230.940.31-0.120.910.310.42-0.830.280.75-0.110.060.550.0
0.830.70.040.340.840.710.790.840.250.240.30.970.460.830.350.210.830.42-0.150.240.530.70.230.760.35
-0.250.0-0.24-0.410.060.2-0.22-0.010.320.360.530.04-0.880.040.31-0.90.04-0.83-0.15-0.65-0.450.44-0.04-0.040.38
-0.06-0.10.530.45-0.23-0.20.11-0.18-0.08-0.42-0.730.130.510.11-0.080.480.120.280.24-0.650.1-0.090.15-0.33-0.35
0.810.730.350.750.680.60.70.720.140.540.190.410.630.640.450.560.640.750.53-0.450.10.360.110.60.54
0.590.760.190.350.770.850.610.740.40.70.460.77-0.140.90.67-0.350.9-0.110.70.44-0.090.360.210.510.75
0.150.31-0.160.170.140.260.360.150.390.11-0.070.180.120.26-0.10.10.260.060.23-0.040.150.110.210.120.29
0.910.71-0.220.20.910.690.690.910.080.450.560.720.440.660.20.260.660.550.76-0.04-0.330.60.510.120.43
0.540.850.060.370.670.870.640.650.460.890.550.39-0.170.690.6-0.250.690.00.350.38-0.350.540.750.290.43
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Aditya Birla Account Relationship Matchups

Aditya Birla fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets19.8B24.3B27.9B35.0B40.3B42.3B
Short Long Term Debt Total593.1M543.7M480.3M790.9M909.5M955.0M
Other Current Liab1.3B971.2M(126.2M)951.6M856.4M676.2M
Total Current Liabilities2.2B1.8B588.7M1.8B2.0B1.5B
Total Stockholder Equity17.0B22.0B25.2B31.7B36.4B38.3B
Property Plant And Equipment Net638.8M637.9M624.9M1.0B1.2B1.2B
Net Debt27.8M(108.8M)144.3M399.9M459.9M482.9M
Retained Earnings16.7B19.9B22.7B29.1B33.4B35.1B
Accounts Payable373.9M304.1M482M576.2M662.6M469.1M
Cash565.3M652.5M336.1M391M449.7M389.9M
Non Current Assets Total2.8B8.8B25.9B14.1B16.2B8.8B
Non Currrent Assets Other43.8M20.8M1.0B20.1B23.1B24.3B
Other Assets344.2M(2K)767.5M11.2B12.8B13.5B
Cash And Short Term Investments16.1B14.3B1.3B19.8B22.8B23.9B
Net Receivables309.5M261.6M254.5M407.3M468.4M351.5M
Short Term Investments15.5B13.7B930.3M19.4B22.3B23.5B
Liabilities And Stockholders Equity19.8B24.3B27.9B35.0B40.3B42.3B
Non Current Liabilities Total595.7M605.2M2.1B1.6B1.8B1.9B
Inventory143.6M300.9M(263.6M)10.8B12.4B13.1B
Other Current Assets1.2B7.4B1.1B1.1B1.3B1.2B
Other Stockholder Equity26.4M(19.9B)(22.7B)57.2M51.5M54.1M
Total Liab2.8B2.4B2.7B3.3B3.8B2.2B
Total Current Assets17.1B15.5B1.9B21.0B24.1B25.3B
Accumulated Other Comprehensive Income151.8M654.6M1.0B1.1B1.3B1.4B
Intangible Assets142.9M112.1M98.1M122M140.3M116.5M
Short Term Debt226.7M205.3M126.1M193.3M222.3M128.2M
Current Deferred Revenue1.5B1.1B(394.5M)(193.3M)(174.0M)(165.3M)
Capital Lease Obligations593.1M543.7M480.3M790.9M711.8M499.7M
Net Invested Capital17.0B22.0B25.2B31.7B36.4B22.2B
Non Current Liabilities Other1.6M249.1M377.0M205.5M236.3M153.3M
Net Working Capital14.9B1.2B1.3B821.6M739.4M702.5M
Property Plant And Equipment Gross992.4M1.0B624.9M1.0B905.0M746.9M

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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.