Ashapura Total Assets vs Current Deferred Revenue Analysis

ASHAPURMIN

457.40 6.55 1.41%

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

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ashapura Minechem Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Ashapura Minechem's Total Assets and Current Deferred Revenue is 0.19. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Ashapura Minechem Limited, assuming nothing else is changed. The correlation between historical values of Ashapura Minechem's Total 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 Assets of Ashapura Minechem 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 Assets i.e., Ashapura Minechem's Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

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Total Assets

Total assets refers to the total amount of Ashapura Minechem assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ashapura Minechem books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Ashapura Minechem's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashapura Minechem 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 Ashapura Minechem 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 american community survey.

As of 12/13/2024, Selling General Administrative is likely to drop to about 568 M. In addition to that, Tax Provision is likely to drop to about 150.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	556.3M	643.2M	697.2M	386.2M
Depreciation And Amortization	580.7M	725.0M	786.3M	825.6M

Interest Expense Depreciation And Amortization

Ashapura Minechem 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Investments	Current Deferred Revenue	Short Term Debt
Total Assets		0.93	-0.12	0.45	0.92	0.98	0.91	0.9	0.96	0.67	0.98	0.14	0.71	0.83	0.92	0.73	0.91	0.9	0.43	0.61	0.8	0.99	0.58	-0.01	0.19	-0.05
Short Long Term Debt Total	0.93		-0.22	0.31	0.88	0.94	0.99	0.86	0.89	0.58	0.91	0.2	0.58	0.7	0.92	0.53	0.89	0.89	0.34	0.42	0.69	0.92	0.45	-0.02	0.04	0.23
Other Current Liab	-0.12	-0.22		0.52	-0.37	-0.1	-0.25	-0.4	-0.12	0.1	-0.17	-0.27	0.19	-0.16	-0.32	0.17	-0.35	-0.08	0.13	0.29	0.07	-0.08	0.35	-0.19	-0.04	-0.21
Total Current Liabilities	0.45	0.31	0.52		0.14	0.46	0.3	0.09	0.44	0.29	0.42	-0.15	0.41	0.57	0.17	0.68	0.19	0.42	0.2	0.83	0.78	0.47	0.87	-0.36	0.14	-0.29
Total Stockholder Equity	0.92	0.88	-0.37	0.14		0.9	0.85	1.0	0.91	0.68	0.9	0.11	0.65	0.74	0.92	0.53	0.91	0.85	0.39	0.36	0.6	0.91	0.28	0.18	0.08	0.08
Property Plant And Equipment Net	0.98	0.94	-0.1	0.46	0.9		0.92	0.87	0.94	0.65	0.98	0.13	0.6	0.76	0.92	0.73	0.88	0.9	0.31	0.62	0.77	0.95	0.61	-0.15	0.14	-0.01
Net Debt	0.91	0.99	-0.25	0.3	0.85	0.92		0.84	0.85	0.49	0.89	0.26	0.53	0.7	0.92	0.52	0.9	0.84	0.35	0.41	0.7	0.9	0.44	-0.02	0.04	0.21
Retained Earnings	0.9	0.86	-0.4	0.09	1.0	0.87	0.84		0.89	0.67	0.87	0.09	0.64	0.71	0.91	0.49	0.89	0.83	0.38	0.3	0.56	0.89	0.22	0.22	0.06	0.12
Accounts Payable	0.96	0.89	-0.12	0.44	0.91	0.94	0.85	0.89		0.76	0.9	-0.05	0.72	0.8	0.83	0.67	0.82	0.92	0.38	0.52	0.71	0.97	0.47	0.05	0.09	0.06
Cash	0.67	0.58	0.1	0.29	0.68	0.65	0.49	0.67	0.76		0.6	-0.37	0.74	0.39	0.49	0.44	0.42	0.84	0.12	0.31	0.33	0.7	0.27	0.05	0.06	0.21
Non Current Assets Total	0.98	0.91	-0.17	0.42	0.9	0.98	0.89	0.87	0.9	0.6		0.24	0.59	0.78	0.94	0.77	0.93	0.85	0.33	0.65	0.79	0.93	0.62	-0.13	0.28	-0.15
Non Currrent Assets Other	0.14	0.2	-0.27	-0.15	0.11	0.13	0.26	0.09	-0.05	-0.37	0.24		-0.14	0.17	0.38	0.13	0.4	-0.07	0.29	0.14	0.21	0.06	0.15	-0.04	-0.02	-0.22
Cash And Short Term Investments	0.71	0.58	0.19	0.41	0.65	0.6	0.53	0.64	0.72	0.74	0.59	-0.14		0.69	0.5	0.45	0.56	0.69	0.69	0.34	0.56	0.78	0.27	0.48	0.02	0.01
Net Receivables	0.83	0.7	-0.16	0.57	0.74	0.76	0.7	0.71	0.8	0.39	0.78	0.17	0.69		0.71	0.69	0.8	0.62	0.63	0.62	0.91	0.84	0.54	0.22	0.13	-0.25
Good Will	0.92	0.92	-0.32	0.17	0.92	0.92	0.92	0.91	0.83	0.49	0.94	0.38	0.5	0.71		0.59	0.97	0.77	0.38	0.44	0.68	0.87	0.41	0.01	0.16	-0.02
Common Stock Shares Outstanding	0.73	0.53	0.17	0.68	0.53	0.73	0.52	0.49	0.67	0.44	0.77	0.13	0.45	0.69	0.59		0.6	0.57	0.29	0.84	0.79	0.67	0.81	-0.34	0.46	-0.53
Non Current Liabilities Total	0.91	0.89	-0.35	0.19	0.91	0.88	0.9	0.89	0.82	0.42	0.93	0.4	0.56	0.8	0.97	0.6		0.71	0.49	0.45	0.73	0.87	0.39	0.13	0.23	-0.12
Inventory	0.9	0.89	-0.08	0.42	0.85	0.9	0.84	0.83	0.92	0.84	0.85	-0.07	0.69	0.62	0.77	0.57	0.71		0.2	0.49	0.6	0.92	0.5	-0.09	0.04	0.26
Other Current Assets	0.43	0.34	0.13	0.2	0.39	0.31	0.35	0.38	0.38	0.12	0.33	0.29	0.69	0.63	0.38	0.29	0.49	0.2		0.2	0.47	0.49	0.11	0.62	-0.12	-0.18
Other Stockholder Equity	0.61	0.42	0.29	0.83	0.36	0.62	0.41	0.3	0.52	0.31	0.65	0.14	0.34	0.62	0.44	0.84	0.45	0.49	0.2		0.81	0.57	0.96	-0.49	0.39	-0.53
Total Liab	0.8	0.69	0.07	0.78	0.6	0.77	0.7	0.56	0.71	0.33	0.79	0.21	0.56	0.91	0.68	0.79	0.73	0.6	0.47	0.81		0.78	0.8	-0.1	0.24	-0.34
Total Current Assets	0.99	0.92	-0.08	0.47	0.91	0.95	0.9	0.89	0.97	0.7	0.93	0.06	0.78	0.84	0.87	0.67	0.87	0.92	0.49	0.57	0.78		0.52	0.09	0.11	0.03
Common Stock	0.58	0.45	0.35	0.87	0.28	0.61	0.44	0.22	0.47	0.27	0.62	0.15	0.27	0.54	0.41	0.81	0.39	0.5	0.11	0.96	0.8	0.52		-0.6	0.29	-0.4
Short Term Investments	-0.01	-0.02	-0.19	-0.36	0.18	-0.15	-0.02	0.22	0.05	0.05	-0.13	-0.04	0.48	0.22	0.01	-0.34	0.13	-0.09	0.62	-0.49	-0.1	0.09	-0.6		-0.23	0.16
Current Deferred Revenue	0.19	0.04	-0.04	0.14	0.08	0.14	0.04	0.06	0.09	0.06	0.28	-0.02	0.02	0.13	0.16	0.46	0.23	0.04	-0.12	0.39	0.24	0.11	0.29	-0.23		-0.68
Short Term Debt	-0.05	0.23	-0.21	-0.29	0.08	-0.01	0.21	0.12	0.06	0.21	-0.15	-0.22	0.01	-0.25	-0.02	-0.53	-0.12	0.26	-0.18	-0.53	-0.34	0.03	-0.4	0.16	-0.68

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Ashapura Minechem Account Relationship Matchups

Ashapura Minechem fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.2B	22.3B	24.2B	30.5B	33.1B	34.8B
Short Long Term Debt Total	4.4B	6.6B	6.4B	7.6B	9.8B	10.3B
Other Current Liab	4.3B	2.1B	3.1B	7.4B	3.3B	5.3B
Total Current Liabilities	7.5B	9.8B	11.3B	14.3B	15.4B	9.5B
Total Stockholder Equity	3.5B	4.3B	5.2B	6.6B	9.3B	9.8B
Property Plant And Equipment Net	5.5B	6.9B	6.9B	7.3B	9.4B	9.9B
Net Debt	4.0B	6.3B	6.2B	6.8B	8.5B	8.9B
Retained Earnings	1.4B	2.2B	3.1B	4.2B	7.0B	7.4B
Accounts Payable	1.4B	3.7B	3.5B	4.5B	5.6B	5.8B
Cash	407.0M	354.4M	234.3M	735.5M	1.3B	1.4B
Non Current Assets Total	10.5B	11.0B	11.4B	12.1B	14.7B	15.4B
Non Currrent Assets Other	1.5B	703.2M	616.1M	650.5M	223.8M	212.6M
Cash And Short Term Investments	440.4M	357.7M	237.3M	2.2B	1.4B	1.4B
Net Receivables	2.8B	4.7B	4.4B	7.0B	5.9B	3.4B
Liabilities And Stockholders Equity	18.2B	22.3B	24.2B	30.5B	33.1B	34.8B
Non Current Liabilities Total	7.2B	8.2B	7.7B	9.6B	8.5B	8.9B
Inventory	2.2B	2.9B	4.1B	5.3B	9.5B	9.9B
Other Current Assets	2.1B	3.3B	1.9B	12.3B	1.6B	2.1B
Other Stockholder Equity	1.8B	1.8B	1.8B	1.9B	2.1B	1.8B
Total Liab	14.7B	18.0B	19.0B	23.9B	23.9B	13.6B
Total Current Assets	7.7B	11.3B	12.9B	18.4B	18.4B	19.3B
Accumulated Other Comprehensive Income	(6.7B)	149.3M	55.2M	377.0M	160.4M	168.5M
Short Term Investments	33.4M	3.3M	3.0M	1.5B	6.3M	6.0M
Current Deferred Revenue	5.0B	4.4B	6.1B	2.9B	2.1B	3.9B
Short Term Debt	510.6M	1.1B	1.1B	1.1B	3.0B	3.1B
Intangible Assets	4.8M	3.1M	608.8M	793.3M	2.0M	1.9M
Other Liab	3.3B	2.7B	2.4B	3.1B	3.6B	3.7B
Net Tangible Assets	2.7B	3.4B	4.2B	5.5B	6.3B	6.6B
Other Assets	1.7B	812.5M	756.7M	146.2M	168.1M	159.7M
Long Term Debt	3.9B	5.5B	5.3B	6.5B	6.9B	7.2B
Short Long Term Debt	499.2M	922.0M	1.1B	1.1B	2.9B	3.1B
Property Plant Equipment	5.2B	6.3B	6.9B	7.3B	8.3B	4.9B
Long Term Debt Total	3.9B	5.5B	5.3B	6.5B	7.5B	7.9B
Non Current Liabilities Other	488K	2.6B	2.3B	907K	6K	5.7K
Net Invested Capital	7.9B	10.8B	11.6B	14.2B	19.1B	9.9B

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Ashapura Total Assets vs Current Deferred Revenue Analysis

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Assets

Current Deferred Revenue

Ashapura Minechem fundamental ratios Correlations

Ashapura Minechem Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ashapura Minechem fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Short Term Debt	- 0.68	Current Deferred Revenue
Short Term Investments	- 0.6	Common Stock
Short Term Debt	- 0.53	Other Stockholder Equity
Short Term Debt	- 0.53	Common Stock Shares Outstanding
Short Term Investments	- 0.49	Other Stockholder Equity
Short Term Debt	- 0.4	Common Stock