Axita Depreciation And Amortization vs Non Current Liabilities Total Analysis

AXITA Stock   10.60  0.38  3.46%   
Axita Cotton financial indicator trend analysis is way more than just evaluating Axita Cotton Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axita Cotton Limited is a good investment. Please check the relationship between Axita Cotton Depreciation And Amortization and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axita Cotton 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 nation.

Depreciation And Amortization vs Non Current Liabilities Total

Depreciation And Amortization vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axita Cotton Limited Depreciation And Amortization account and Non Current Liabilities Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Axita Cotton's Depreciation And Amortization and Non Current Liabilities Total is 0.03. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Axita Cotton Limited, assuming nothing else is changed. The correlation between historical values of Axita Cotton's Depreciation And Amortization and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Axita Cotton Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Depreciation And Amortization i.e., Axita Cotton's Depreciation And Amortization and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Non Current Liabilities Total

Most indicators from Axita Cotton's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axita Cotton 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 Axita Cotton 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 nation.
As of the 12th of January 2025, Selling General Administrative is likely to grow to about 27.2 M, while Tax Provision is likely to drop about 53.4 M.
 2022 2023 2024 2025 (projected)
Interest Expense3.4M8.0M9.2M16.0M
Depreciation And Amortization10.6M12.6M14.4M15.2M

Axita Cotton fundamental ratios Correlations

0.350.530.830.770.430.44-0.240.690.670.860.420.640.260.850.940.75-0.360.470.550.851.00.330.830.13-0.76
0.35-0.040.090.680.40.030.780.67-0.280.390.450.160.240.360.120.190.070.950.310.120.320.960.65-0.1-0.33
0.53-0.040.820.06-0.280.98-0.34-0.060.680.59-0.3-0.07-0.20.570.690.41-0.56-0.030.770.820.570.110.180.330.02
0.830.090.820.41-0.130.71-0.420.290.910.71-0.140.490.030.690.940.57-0.670.130.661.00.860.160.530.2-0.39
0.770.680.060.410.690.020.140.980.180.790.690.640.450.780.60.64-0.070.830.260.440.740.570.99-0.01-0.9
0.430.4-0.28-0.130.69-0.250.140.76-0.270.491.00.260.360.510.170.470.470.6-0.02-0.080.370.260.6-0.08-0.72
0.440.030.980.710.02-0.25-0.21-0.090.510.56-0.26-0.25-0.250.540.560.31-0.460.030.80.70.460.20.120.340.11
-0.240.78-0.34-0.420.140.14-0.210.16-0.7-0.210.2-0.30.02-0.24-0.46-0.30.280.620.0-0.41-0.260.780.08-0.110.2
0.690.67-0.060.290.980.76-0.090.160.080.740.760.630.480.740.510.590.090.820.180.330.660.530.95-0.08-0.91
0.67-0.280.680.910.18-0.270.51-0.70.080.48-0.290.570.030.470.860.47-0.64-0.230.410.90.7-0.230.310.14-0.32
0.860.390.590.710.790.490.56-0.210.740.480.460.40.241.00.830.71-0.20.570.640.740.850.370.820.1-0.73
0.420.45-0.3-0.140.691.0-0.260.20.76-0.290.460.260.360.480.150.460.480.62-0.01-0.090.370.30.6-0.1-0.7
0.640.16-0.070.490.640.26-0.25-0.30.630.570.40.260.420.390.630.45-0.220.24-0.050.50.640.020.68-0.17-0.77
0.260.24-0.20.030.450.36-0.250.020.480.030.240.360.420.240.20.320.30.27-0.060.070.250.050.42-0.15-0.48
0.850.360.570.690.780.510.54-0.240.740.471.00.480.390.240.820.7-0.180.550.610.720.840.340.810.11-0.74
0.940.120.690.940.60.170.56-0.460.510.860.830.150.630.20.820.7-0.490.230.550.950.960.140.70.21-0.65
0.750.190.410.570.640.470.31-0.30.590.470.710.460.450.320.70.7-0.270.350.280.590.740.090.70.27-0.65
-0.360.07-0.56-0.67-0.070.47-0.460.280.09-0.64-0.20.48-0.220.3-0.18-0.49-0.270.1-0.3-0.61-0.4-0.09-0.18-0.35-0.02
0.470.95-0.030.130.830.60.030.620.82-0.230.570.620.240.270.550.230.350.10.340.160.450.870.78-0.13-0.54
0.550.310.770.660.26-0.020.80.00.180.410.64-0.01-0.05-0.060.610.550.28-0.30.340.670.570.410.3-0.22-0.05
0.850.120.821.00.44-0.080.7-0.410.330.90.74-0.090.50.070.720.950.59-0.610.160.670.880.180.560.18-0.43
1.00.320.570.860.740.370.46-0.260.660.70.850.370.640.250.840.960.74-0.40.450.570.880.320.810.14-0.74
0.330.960.110.160.570.260.20.780.53-0.230.370.30.020.050.340.140.09-0.090.870.410.180.320.560.02-0.19
0.830.650.180.530.990.60.120.080.950.310.820.60.680.420.810.70.7-0.180.780.30.560.810.560.08-0.89
0.13-0.10.330.2-0.01-0.080.34-0.11-0.080.140.1-0.1-0.17-0.150.110.210.27-0.35-0.13-0.220.180.140.020.08-0.01
-0.76-0.330.02-0.39-0.9-0.720.110.2-0.91-0.32-0.73-0.7-0.77-0.48-0.74-0.65-0.65-0.02-0.54-0.05-0.43-0.74-0.19-0.89-0.01
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Axita Cotton Account Relationship Matchups

Axita Cotton fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.1B808.0M983.8M1.1B578.3M
Short Long Term Debt Total145.3M139.5M60.2M253.2M291.2M305.8M
Other Current Liab220.0M43.1M17.5M11.1M12.7M12.1M
Total Current Liabilities843.1M726.3M223.6M285.3M328.1M316.4M
Total Stockholder Equity218.2M364.8M523.7M645.6M742.5M779.6M
Property Plant And Equipment Net32.1M31.9M98.1M88.6M101.9M54.4M
Current Deferred Revenue227.7M(4.2M)19.4M11.5M13.2M12.5M
Net Debt40.8M(35.4M)(21.1M)195.5M176.0M184.8M
Retained Earnings55.5M166.1M327.1M384.8M442.5M464.6M
Accounts Payable476.3M664.6M141.1M32.9M37.8M36.0M
Cash98.7M35.4M81.3M57.7M66.4M69.7M
Non Current Assets Total32.1M32.1M101.7M100.6M115.6M57.8M
Non Currrent Assets Other(138K)31.9M9.0M11.6M13.4M14.0M
Cash And Short Term Investments98.7M35.4M90.3M57.7M66.4M69.7M
Net Receivables710.7M730.3M441.5M383.1M440.6M306.1M
Liabilities And Stockholders Equity1.1B1.1B808.0M983.8M1.1B578.3M
Non Current Liabilities Total11.0M1K60.8M52.8M47.5M27.6M
Inventory80.1M133K69.6M191.6M220.4M231.4M
Other Current Assets860.6M68.9M20.1M254.6M292.8M175.3M
Total Liab854.1M726.3M284.3M338.1M388.8M354.3M
Total Current Assets1.0B1.1B706.3M883.2M1.0B520.5M
Short Term Debt145.3M130.6M4.2M201.7M232.0M243.6M
Other Stockholder Equity42.5M(362.6M)(523.7M)(384.8M)(346.3M)(329.0M)

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Other Information on Investing in Axita Stock

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