Amrutanjan Intangible Assets vs Non Currrent Assets Other Analysis

AMRUTANJAN   749.70  9.20  1.24%   
Amrutanjan Health financial indicator trend analysis is way more than just evaluating Amrutanjan Health Care prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amrutanjan Health Care is a good investment. Please check the relationship between Amrutanjan Health Intangible Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amrutanjan Health Care. 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.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amrutanjan Health Care Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Amrutanjan Health's Intangible Assets and Non Currrent Assets Other is -0.29. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Amrutanjan Health Care, assuming nothing else is changed. The correlation between historical values of Amrutanjan Health's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Amrutanjan Health Care are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., Amrutanjan Health's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

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.
Most indicators from Amrutanjan Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amrutanjan Health Care 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 Amrutanjan Health Care. 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 4th of December 2024, Selling General Administrative is likely to grow to about 275.8 M, though Discontinued Operations is likely to grow to (4.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense4.8M771K2.5M2.4M
Depreciation And Amortization38.0M52.1M60.6M35.2M

Amrutanjan Health fundamental ratios Correlations

-0.57-0.080.961.00.82-0.340.290.71-0.270.870.69-0.190.310.920.53-0.090.960.87-0.210.86-0.60.78-0.320.210.92
-0.570.28-0.4-0.6-0.30.49-0.41-0.230.6-0.6-0.430.25-0.13-0.48-0.260.07-0.4-0.610.26-0.620.88-0.450.280.22-0.43
-0.080.280.05-0.120.210.29-0.280.37-0.05-0.19-0.270.00.41-0.03-0.050.390.09-0.190.0-0.320.58-0.080.60.29-0.04
0.96-0.40.050.940.84-0.330.30.74-0.150.80.7-0.190.290.870.57-0.050.990.81-0.210.81-0.440.71-0.290.320.86
1.0-0.6-0.120.940.8-0.350.30.69-0.280.870.7-0.190.290.910.53-0.10.940.87-0.210.86-0.640.78-0.350.180.92
0.82-0.30.210.840.80.11-0.140.74-0.090.680.65-0.280.230.740.430.040.830.71-0.30.65-0.320.77-0.220.220.77
-0.340.490.29-0.33-0.350.11-0.990.120.3-0.36-0.340.050.18-0.12-0.420.19-0.29-0.330.04-0.360.520.060.36-0.11-0.12
0.29-0.41-0.280.30.3-0.14-0.99-0.14-0.270.370.3-0.13-0.20.070.4-0.20.260.34-0.130.36-0.46-0.05-0.350.120.09
0.71-0.230.370.740.690.740.12-0.14-0.110.50.41-0.280.390.780.360.120.760.53-0.290.52-0.170.58-0.070.20.69
-0.270.6-0.05-0.15-0.28-0.090.3-0.27-0.11-0.32-0.060.02-0.47-0.34-0.150.02-0.2-0.310.03-0.280.31-0.23-0.29-0.03-0.29
0.87-0.6-0.190.80.870.68-0.360.370.5-0.320.55-0.510.280.760.38-0.150.820.99-0.530.95-0.640.91-0.290.140.84
0.69-0.43-0.270.70.70.65-0.340.30.41-0.060.55-0.28-0.190.560.31-0.530.650.62-0.30.68-0.640.44-0.65-0.210.48
-0.190.250.0-0.19-0.19-0.280.05-0.13-0.280.02-0.51-0.280.18-0.10.060.14-0.19-0.571.0-0.510.35-0.530.360.25-0.12
0.31-0.130.410.290.290.230.18-0.20.39-0.470.28-0.190.180.51-0.020.090.390.240.170.230.210.390.760.190.52
0.92-0.48-0.030.870.910.74-0.120.070.78-0.340.760.56-0.10.510.35-0.080.90.77-0.120.79-0.460.76-0.130.160.91
0.53-0.26-0.050.570.530.43-0.420.40.36-0.150.380.310.06-0.020.350.220.540.370.070.39-0.260.22-0.230.520.5
-0.090.070.39-0.05-0.10.040.19-0.20.120.02-0.15-0.530.140.09-0.080.22-0.04-0.190.15-0.280.26-0.080.270.41-0.09
0.96-0.40.090.990.940.83-0.290.260.76-0.20.820.65-0.190.390.90.54-0.040.82-0.210.82-0.410.74-0.190.320.89
0.87-0.61-0.190.810.870.71-0.330.340.53-0.310.990.62-0.570.240.770.37-0.190.82-0.590.97-0.670.91-0.350.060.82
-0.210.260.0-0.21-0.21-0.30.04-0.13-0.290.03-0.53-0.31.00.17-0.120.070.15-0.21-0.59-0.520.36-0.550.360.26-0.14
0.86-0.62-0.320.810.860.65-0.360.360.52-0.280.950.68-0.510.230.790.39-0.280.820.97-0.52-0.710.86-0.39-0.010.81
-0.60.880.58-0.44-0.64-0.320.52-0.46-0.170.31-0.64-0.640.350.21-0.46-0.260.26-0.41-0.670.36-0.71-0.480.670.32-0.41
0.78-0.45-0.080.710.780.770.06-0.050.58-0.230.910.44-0.530.390.760.22-0.080.740.91-0.550.86-0.48-0.150.080.85
-0.320.280.6-0.29-0.35-0.220.36-0.35-0.07-0.29-0.29-0.650.360.76-0.13-0.230.27-0.19-0.350.36-0.390.67-0.150.25-0.08
0.210.220.290.320.180.22-0.110.120.2-0.030.14-0.210.250.190.160.520.410.320.060.26-0.010.320.080.250.3
0.92-0.43-0.040.860.920.77-0.120.090.69-0.290.840.48-0.120.520.910.5-0.090.890.82-0.140.81-0.410.85-0.080.3
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Amrutanjan Health Account Relationship Matchups

Amrutanjan Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B2.7B3.5B3.6B3.7B2.0B
Other Current Liab59.4M66.6M110.3M109.1M110.5M94.2M
Total Current Liabilities390.6M521.0M774.7M630.1M699.2M383.5M
Total Stockholder Equity1.6B2.2B2.7B2.9B2.9B1.5B
Property Plant And Equipment Net255.7M233.2M434.7M475.5M495.4M338.5M
Net Debt(254.6M)(1.3B)(826.0M)(39.9M)(240.4M)(252.4M)
Cash271.6M1.3B834.8M49.0M257.6M428.0M
Non Current Assets Total795.2M513.7M752.2M1.0B711.9M613.8M
Non Currrent Assets Other39.0M25.2M34.8M52.1M45.4M43.1M
Cash And Short Term Investments601.7M1.8B2.0B1.9B2.1B2.2B
Net Receivables301.6M262.8M425.2M330.2M478.9M301.6M
Liabilities And Stockholders Equity2.1B2.7B3.5B3.6B3.7B2.0B
Non Current Liabilities Total68.6M66.0M72.7M83.1M84.6M63.3M
Inventory237.2M174.6M260.0M288.3M289.0M153.3M
Other Current Assets63.0M301.0M475.7M361.3M59.6M56.6M
Total Liab459.2M587.1M847.4M713.2M783.8M470.5M
Total Current Assets1.3B2.2B2.7B2.6B3.0B3.1B
Accumulated Other Comprehensive Income(126.2M)519.9M519.8M524.2M510.0M535.5M
Accounts Payable313.4M406.7M604.5M474.4M558.6M586.6M
Short Term Debt5.8M6.4M5.7M5.1M3.3M3.1M
Short Term Investments330.1M446.4M1.2B1.9B1.8B1.9B
Intangible Assets5.3M15.1M23.2M24.8M23.8M18.9M
Current Deferred Revenue(5.8M)59.4M99.5M72.2M10.6M10.0M
Retained Earnings1.1B1.6B2.1B2.9B2.4B1.3B
Other Liab57.4M59.0M69.6M79.1M90.9M57.0M
Net Tangible Assets1.6B2.1B2.6B2.9B3.3B1.8B
Other Assets83.0M63.9M71.2M57.9M1.00.95
Property Plant Equipment255.7M233.2M434.7M475.5M546.8M335.9M
Long Term Debt Total11.2M7.0M3.1M4.0M4.6M4.0M
Cash And Equivalents588.0M60M0.0654.1M752.3M789.9M
Net Invested Capital1.6B2.2B2.7B2.9B2.9B2.3B
Net Working Capital867.6M1.7B2.0B2.0B2.3B1.7B

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Other Information on Investing in Amrutanjan Stock

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