Agro Non Current Assets Total vs Total Current Liabilities Analysis

AGROPHOS   42.74  0.70  1.67%   
Agro Phos financial indicator trend analysis is way more than just evaluating Agro Phos India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Agro Phos India is a good investment. Please check the relationship between Agro Phos Non Current Assets Total and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agro Phos India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Agro Phos India Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Agro Phos' Non Current Assets Total and Total Current Liabilities is 0.72. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Agro Phos India, assuming nothing else is changed. The correlation between historical values of Agro Phos' Non Current Assets Total and Total Current Liabilities 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 Current Assets Total of Agro Phos India are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., Agro Phos' Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Agro Phos balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Agro Phos India are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Agro Phos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Agro Phos India 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 Agro Phos India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
As of the 1st of December 2024, Selling General Administrative is likely to grow to about 13.6 M, though Tax Provision is likely to grow to (18.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense14.3M16.9M34.1M22.5M
Depreciation And Amortization12.3M15.6M17.3M10.3M

Agro Phos fundamental ratios Correlations

0.810.470.940.930.88-0.490.820.80.77-0.260.80.1-0.260.330.04-0.680.860.660.740.890.970.890.820.560.86
0.810.650.830.690.79-0.40.990.690.55-0.190.820.2-0.190.22-0.01-0.480.570.710.520.820.730.960.570.510.65
0.470.650.630.270.41-0.20.570.330.490.30.640.580.30.39-0.16-0.370.190.170.130.630.350.60.2-0.020.37
0.940.830.630.750.74-0.640.810.70.9-0.120.720.21-0.120.38-0.08-0.580.790.580.560.990.920.870.630.440.72
0.930.690.270.750.89-0.240.710.760.53-0.350.770.02-0.350.30.15-0.780.780.630.860.670.890.810.940.60.9
0.880.790.410.740.89-0.340.80.940.52-0.30.91-0.01-0.30.010.09-0.560.730.760.620.710.780.810.690.530.81
-0.49-0.4-0.2-0.64-0.24-0.34-0.42-0.42-0.80.2-0.180.140.20.17-0.04-0.06-0.68-0.56-0.05-0.72-0.56-0.36-0.07-0.32-0.27
0.820.990.570.810.710.8-0.420.710.53-0.330.780.07-0.330.140.07-0.490.620.780.560.80.750.960.60.610.68
0.80.690.330.70.760.94-0.420.710.58-0.290.81-0.14-0.29-0.14-0.03-0.380.730.740.410.70.710.660.480.440.68
0.770.550.490.90.530.52-0.80.530.58-0.040.460.13-0.040.3-0.17-0.370.750.430.330.920.810.580.380.270.5
-0.26-0.190.3-0.12-0.35-0.30.2-0.33-0.29-0.040.050.781.00.44-0.520.19-0.46-0.64-0.37-0.1-0.35-0.25-0.32-0.82-0.38
0.80.820.640.720.770.91-0.180.780.810.460.050.370.050.24-0.1-0.590.490.560.530.680.630.810.620.240.69
0.10.20.580.210.02-0.010.140.07-0.140.130.780.370.780.69-0.52-0.29-0.26-0.330.080.17-0.020.20.1-0.6-0.05
-0.26-0.190.3-0.12-0.35-0.30.2-0.33-0.29-0.041.00.050.780.44-0.520.19-0.46-0.64-0.37-0.1-0.35-0.25-0.32-0.82-0.38
0.330.220.390.380.30.010.170.14-0.140.30.440.240.690.44-0.34-0.59-0.02-0.340.450.30.330.340.46-0.210.16
0.04-0.01-0.16-0.080.150.09-0.040.07-0.03-0.17-0.52-0.1-0.52-0.52-0.34-0.060.30.190.16-0.10.090.070.250.60.44
-0.68-0.48-0.37-0.58-0.78-0.56-0.06-0.49-0.38-0.370.19-0.59-0.290.19-0.59-0.06-0.39-0.31-0.85-0.44-0.65-0.66-0.85-0.39-0.7
0.860.570.190.790.780.73-0.680.620.730.75-0.460.49-0.26-0.46-0.020.3-0.390.650.520.790.910.650.650.660.83
0.660.710.170.580.630.76-0.560.780.740.43-0.640.56-0.33-0.64-0.340.19-0.310.650.490.580.630.680.450.730.56
0.740.520.130.560.860.62-0.050.560.410.33-0.370.530.08-0.370.450.16-0.850.520.490.440.740.690.930.560.72
0.890.820.630.990.670.71-0.720.80.70.92-0.10.680.17-0.10.3-0.1-0.440.790.580.440.880.820.520.40.65
0.970.730.350.920.890.78-0.560.750.710.81-0.350.63-0.02-0.350.330.09-0.650.910.630.740.880.830.810.620.83
0.890.960.60.870.810.81-0.360.960.660.58-0.250.810.2-0.250.340.07-0.660.650.680.690.820.830.750.590.77
0.820.570.20.630.940.69-0.070.60.480.38-0.320.620.1-0.320.460.25-0.850.650.450.930.520.810.750.590.86
0.560.51-0.020.440.60.53-0.320.610.440.27-0.820.24-0.6-0.82-0.210.6-0.390.660.730.560.40.620.590.590.67
0.860.650.370.720.90.81-0.270.680.680.5-0.380.69-0.05-0.380.160.44-0.70.830.560.720.650.830.770.860.67
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Agro Phos Account Relationship Matchups

Agro Phos fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets837.6M726.8M846.8M1.3B987.4M792.4M
Short Long Term Debt Total182.8M139.5M127.6M270.5M287.2M200.6M
Other Current Liab9.3M(10.7M)9.6M30.1M39.7M41.7M
Total Current Liabilities424.1M267.4M339.8M737.0M484.2M394.3M
Total Stockholder Equity384.2M416.6M469.7M520.5M482.6M342.5M
Property Plant And Equipment Net133.7M151.4M217.1M245.2M243.4M168.0M
Current Deferred Revenue37.4M29M45.2M(258.6M)16.6M17.5M
Net Debt181.6M136.9M116.6M269.1M286.2M191.1M
Retained Earnings108.9M141.3M194.4M245.2M207.3M141.1M
Accounts Payable205.4M121M182.5M448.2M164.0M193.5M
Cash1.2M2.6M11M1.4M907K861.7K
Non Current Assets Total138.1M154.9M236.7M256.2M308.5M201.8M
Non Currrent Assets Other(7.4M)100K(100K)3K4.8M4.5M
Cash And Short Term Investments1.2M2.6M11M1.4M907K861.7K
Net Receivables359.5M165.8M154.1M162.9M126.3M212.2M
Liabilities And Stockholders Equity837.6M726.8M846.8M1.3B987.4M792.4M
Non Current Liabilities Total29.3M42.8M37.3M44.6M20.6M40.5M
Inventory269.0M293.7M316.3M612.8M339.7M241.4M
Other Current Assets38.8M109.9M89.8M268.7M212.1M125.2M
Other Stockholder Equity70.6M70.6M70.6M70.6M72.6M59.0M
Total Liab453.4M310.2M377.1M781.6M504.8M449.9M
Total Current Assets699.5M571.9M610.1M1.0B679.0M590.6M
Short Term Debt180.5M115.9M110.5M258.6M280.5M168.7M
Other Liab27M19.3M20.2M32.7M37.6M24.0M
Net Tangible Assets383.7M416.1M469.4M520.2M598.3M423.4M
Other Assets3.9M3.1M6.7M7.4M(1K)(950.0)
Long Term Debt2.3M23.6M17.1M11.9M6.7M6.3M
Short Long Term Debt180.5M107.5M110.5M258.6M280.5M184.4M
Property Plant Equipment133.7M151.4M217M245.2M282.0M187.0M
Short Term Investments8.5M42.9M19.5M26.7M4.4M4.2M
Net Invested Capital567.0M547.6M597.3M791.0M769.7M688.2M
Net Working Capital275.4M304.5M270.3M308.8M194.8M287.2M

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Other Information on Investing in Agro Stock

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