Apollo Total Current Assets vs Current Deferred Revenue Analysis

APOLLOTYRE

541.35 0.15 0.03%

Apollo Tyres financial indicator trend analysis is way more than just evaluating Apollo Tyres Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Tyres Limited is a good investment. Please check the relationship between Apollo Tyres Total Current Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Tyres 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 bureau of economic analysis.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Tyres Limited Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Apollo Tyres' Total Current Assets and Current Deferred Revenue is 0.51. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Apollo Tyres Limited, assuming nothing else is changed. The correlation between historical values of Apollo Tyres' Total Current Assets and Current Deferred 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 Apollo Tyres Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Apollo Tyres' Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Apollo Tyres' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Tyres 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 Apollo Tyres 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 bureau of economic analysis.

Selling General Administrative is likely to gain to about 31.6 B in 2024. Tax Provision is likely to gain to about 8.6 B in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	4.3B	5.3B	5.1B	5.3B
Depreciation And Amortization	14.0B	14.2B	14.8B	15.5B

Interest Expense Depreciation And Amortization

Apollo Tyres fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue
Total Assets		0.92	0.6	0.97	0.86	0.91	0.9	0.74	0.96	0.84	0.92	0.28	0.77	0.64	0.39	0.89	0.57	0.95	0.96	0.36	-0.2	0.99	0.95	0.9	0.91	0.57
Short Long Term Debt Total	0.92		0.56	0.88	0.74	0.88	1.0	0.59	0.88	0.71	0.88	0.22	0.67	0.41	0.25	0.73	0.5	0.99	0.84	0.28	-0.26	0.97	0.79	0.85	0.76	0.56
Other Current Liab	0.6	0.56		0.68	0.64	0.68	0.53	0.57	0.7	0.58	0.66	-0.31	0.59	0.62	0.1	0.65	0.5	0.57	0.58	0.47	-0.11	0.64	0.64	0.56	0.69	0.19
Total Current Liabilities	0.97	0.88	0.68		0.81	0.87	0.85	0.7	0.96	0.82	0.87	0.2	0.75	0.69	0.42	0.9	0.55	0.88	0.96	0.44	-0.06	0.96	0.96	0.82	0.9	0.5
Total Stockholder Equity	0.86	0.74	0.64	0.81		0.96	0.71	0.97	0.83	0.76	0.96	0.15	0.68	0.85	0.37	0.85	0.52	0.79	0.83	0.42	-0.19	0.82	0.84	0.95	0.89	0.57
Property Plant And Equipment Net	0.91	0.88	0.68	0.87	0.96		0.86	0.89	0.89	0.76	1.0	0.13	0.69	0.72	0.29	0.83	0.53	0.91	0.85	0.41	-0.24	0.91	0.84	0.97	0.87	0.58
Net Debt	0.9	1.0	0.53	0.85	0.71	0.86		0.56	0.86	0.65	0.86	0.23	0.63	0.38	0.21	0.7	0.48	0.98	0.82	0.29	-0.27	0.95	0.76	0.84	0.72	0.54
Retained Earnings	0.74	0.59	0.57	0.7	0.97	0.89	0.56		0.71	0.66	0.89	0.09	0.57	0.86	0.37	0.81	0.41	0.65	0.73	0.47	-0.14	0.69	0.75	0.89	0.84	0.51
Accounts Payable	0.96	0.88	0.7	0.96	0.83	0.89	0.86	0.71		0.8	0.89	0.14	0.68	0.69	0.38	0.88	0.47	0.9	0.96	0.32	-0.27	0.96	0.93	0.84	0.9	0.39
Cash	0.84	0.71	0.58	0.82	0.76	0.76	0.65	0.66	0.8		0.76	0.08	0.78	0.61	0.45	0.83	0.51	0.74	0.78	0.13	-0.08	0.8	0.85	0.69	0.84	0.53
Non Current Assets Total	0.92	0.88	0.66	0.87	0.96	1.0	0.86	0.89	0.89	0.76		0.16	0.7	0.72	0.32	0.83	0.53	0.91	0.86	0.41	-0.25	0.92	0.84	0.98	0.87	0.59
Non Currrent Assets Other	0.28	0.22	-0.31	0.2	0.15	0.13	0.23	0.09	0.14	0.08	0.16		0.4	0.14	0.39	0.05	0.49	0.26	0.23	0.01	0.24	0.24	0.28	0.29	0.07	0.62
Cash And Short Term Investments	0.77	0.67	0.59	0.75	0.68	0.69	0.63	0.57	0.68	0.78	0.7	0.4		0.56	0.3	0.63	0.93	0.72	0.65	0.28	0.17	0.75	0.8	0.7	0.71	0.71
Net Receivables	0.64	0.41	0.62	0.69	0.85	0.72	0.38	0.86	0.69	0.61	0.72	0.14	0.56		0.46	0.79	0.44	0.47	0.72	0.42	0.07	0.58	0.77	0.7	0.8	0.37
Good Will	0.39	0.25	0.1	0.42	0.37	0.29	0.21	0.37	0.38	0.45	0.32	0.39	0.3	0.46		0.41	0.15	0.25	0.38	0.04	0.13	0.34	0.44	0.31	0.38	0.39
Common Stock Shares Outstanding	0.89	0.73	0.65	0.9	0.85	0.83	0.7	0.81	0.88	0.83	0.83	0.05	0.63	0.79	0.41		0.39	0.77	0.93	0.36	-0.12	0.85	0.93	0.77	0.99	0.41
Short Term Investments	0.57	0.5	0.5	0.55	0.52	0.53	0.48	0.41	0.47	0.51	0.53	0.49	0.93	0.44	0.15	0.39		0.55	0.43	0.31	0.3	0.57	0.62	0.57	0.5	0.68
Non Current Liabilities Total	0.95	0.99	0.57	0.88	0.79	0.91	0.98	0.65	0.9	0.74	0.91	0.26	0.72	0.47	0.25	0.77	0.55		0.87	0.29	-0.3	0.98	0.83	0.89	0.8	0.59
Inventory	0.96	0.84	0.58	0.96	0.83	0.85	0.82	0.73	0.96	0.78	0.86	0.23	0.65	0.72	0.38	0.93	0.43	0.87		0.37	-0.21	0.94	0.96	0.83	0.92	0.44
Other Current Assets	0.36	0.28	0.47	0.44	0.42	0.41	0.29	0.47	0.32	0.13	0.41	0.01	0.28	0.42	0.04	0.36	0.31	0.29	0.37		0.14	0.36	0.38	0.43	0.35	0.35
Other Stockholder Equity	-0.2	-0.26	-0.11	-0.06	-0.19	-0.24	-0.27	-0.14	-0.27	-0.08	-0.25	0.24	0.17	0.07	0.13	-0.12	0.3	-0.3	-0.21	0.14		-0.2	-0.04	-0.25	-0.13	0.22
Total Liab	0.99	0.97	0.64	0.96	0.82	0.91	0.95	0.69	0.96	0.8	0.92	0.24	0.75	0.58	0.34	0.85	0.57	0.98	0.94	0.36	-0.2		0.92	0.88	0.87	0.57
Total Current Assets	0.95	0.79	0.64	0.96	0.84	0.84	0.76	0.75	0.93	0.85	0.84	0.28	0.8	0.77	0.44	0.93	0.62	0.83	0.96	0.38	-0.04	0.92		0.81	0.95	0.51
Intangible Assets	0.9	0.85	0.56	0.82	0.95	0.97	0.84	0.89	0.84	0.69	0.98	0.29	0.7	0.7	0.31	0.77	0.57	0.89	0.83	0.43	-0.25	0.88	0.81		0.82	0.64
Common Stock	0.91	0.76	0.69	0.9	0.89	0.87	0.72	0.84	0.9	0.84	0.87	0.07	0.71	0.8	0.38	0.99	0.5	0.8	0.92	0.35	-0.13	0.87	0.95	0.82		0.45
Current Deferred Revenue	0.57	0.56	0.19	0.5	0.57	0.58	0.54	0.51	0.39	0.53	0.59	0.62	0.71	0.37	0.39	0.41	0.68	0.59	0.44	0.35	0.22	0.57	0.51	0.64	0.45

Click cells to compare fundamentals

Apollo Tyres Account Relationship Matchups

Apollo Tyres fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	232.5B	260.6B	267.0B	273.6B	269.6B	135.2B
Short Long Term Debt Total	77.8B	73.6B	69.8B	64.2B	49.1B	33.6B
Other Current Liab	126.6M	17.1B	16.4B	13.9B	12.1B	12.7B
Total Current Liabilities	57.1B	67.3B	74.5B	80.1B	70.4B	37.3B
Total Stockholder Equity	99.3B	114.4B	117.5B	128.8B	139.0B	146.0B
Property Plant And Equipment Net	161.2B	165.4B	172.6B	168.8B	163.4B	171.5B
Net Debt	70.5B	63.9B	61.1B	55.8B	39.9B	28.3B
Retained Earnings	61.3B	64.0B	67.2B	76.4B	104.8B	110.1B
Accounts Payable	23.1B	25.4B	32.8B	34.0B	29.8B	16.1B
Cash	7.4B	9.7B	8.7B	8.4B	9.1B	5.2B
Non Current Assets Total	177.7B	183.7B	188.6B	185.0B	179.3B	188.3B
Non Currrent Assets Other	4.7B	5.1B	5.1B	4.9B	768.4M	730.0M
Cash And Short Term Investments	7.5B	22.3B	15.4B	14.5B	14.1B	8.4B
Net Receivables	9.4B	16.8B	22.0B	26.6B	26.6B	28.0B
Good Will	2.1B	2.2B	2.2B	2.3B	2.3B	1.7B
Short Term Investments	76.2M	12.6B	6.7B	6.1B	4.9B	3.9B
Liabilities And Stockholders Equity	232.5B	260.6B	267.0B	273.6B	269.6B	135.2B
Non Current Liabilities Total	76.1B	78.9B	75.0B	64.7B	60.1B	35.7B
Inventory	32.1B	33.2B	41.6B	44.3B	42.5B	23.1B
Other Current Assets	199.3M	7.3B	5.6B	6.9B	7.1B	7.5B
Other Stockholder Equity	103.3B	(76.7B)	22.4B	31.3B	31.3B	37.8B
Total Liab	133.2B	146.2B	149.5B	144.8B	130.6B	73.0B
Total Current Assets	54.8B	76.9B	78.5B	88.6B	90.3B	46.5B
Accumulated Other Comprehensive Income	(81.7B)	17.1B	18.4B	20.4B	2.2B	2.3B
Intangible Assets	7.6B	7.6B	7.4B	7.9B	7.9B	8.2B
Current Deferred Revenue	15.8B	20.9B	18.9B	7.6B	12.0B	14.7B
Short Term Debt	18.1B	18.1B	20.1B	20.2B	15.2B	14.1B
Other Liab	16.2B	16.4B	23.5B	24.5B	28.2B	16.4B
Net Tangible Assets	94.9B	93.8B	108.4B	111.4B	128.1B	88.2B
Other Assets	9.2B	11.2B	8.4B	3.7B	(1.0)	(0.95)
Long Term Debt	51.4B	48.1B	44.1B	37.9B	26.7B	32.5B
Deferred Long Term Liab	3.3B	4.1B	3.9B	3.4B	3.9B	2.7B
Short Long Term Debt	16.2B	3.0B	17.1B	18.0B	12.7B	11.7B
Property Plant Equipment	161.4B	165.4B	172.6B	168.8B	194.2B	125.5B
Long Term Debt Total	59.7B	55.4B	50.5B	44.0B	50.6B	43.5B
Capital Lease Obligations	10.3B	9.3B	8.7B	8.3B	9.6B	6.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Apollo Stock Analysis

When running Apollo Tyres' price analysis, check to measure Apollo Tyres' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Apollo Tyres is operating at the current time. Most of Apollo Tyres' value examination focuses on studying past and present price action to predict the probability of Apollo Tyres' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apollo Tyres' price. Additionally, you may evaluate how the addition of Apollo Tyres to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Apollo Total Current Assets vs Current Deferred Revenue Analysis

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Current Assets

Current Deferred Revenue

Apollo Tyres fundamental ratios Correlations

Apollo Tyres Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Apollo Tyres fundamental ratios Accounts

Also Currently Popular

Additional Tools for Apollo Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Common Stock	+ 0.99	Common Stock Shares Outstanding
Non Current Liabilities Total	+ 0.98	Net Debt

Non Currrent Assets Other	- 0.31	Other Current Liab
Other Stockholder Equity	- 0.3	Non Current Liabilities Total
Other Stockholder Equity	- 0.27	Accounts Payable
Other Stockholder Equity	- 0.27	Net Debt
Other Stockholder Equity	- 0.26	Short Long Term Debt Total
Intangible Assets	- 0.25	Other Stockholder Equity