Coal Total Current Assets vs Short Term Investments Analysis

COALINDIA   375.15  5.50  1.44%   
Coal India financial indicator trend analysis is way more than just evaluating Coal India Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Coal India Limited is a good investment. Please check the relationship between Coal India Total Current Assets and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coal India 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 gross domestic product.

Total Current Assets vs Short Term Investments

Total Current Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Coal India Limited Total Current Assets account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Coal India's Total Current Assets and Short Term Investments is 0.44. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Coal India Limited, assuming nothing else is changed. The correlation between historical values of Coal India's Total Current Assets and Short Term Investments 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 Coal India Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Current Assets i.e., Coal India's Total Current Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Coal India balance sheet. It contains any investments Coal India Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Coal India Limited can easily liquidate in the marketplace.
Most indicators from Coal India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Coal India 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 Coal India 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 gross domestic product.
The current year's Selling General Administrative is expected to grow to about 849.5 B, whereas Discontinued Operations is forecasted to decline to (94.5 K).
 2022 2023 2024 2025 (projected)
Interest Expense6.8B8.1B9.3B9.8B
Depreciation And Amortization73.8B73.2B84.1B88.3B

Coal India fundamental ratios Correlations

0.820.720.790.90.970.390.85-0.30.970.060.020.43-0.80.970.70.97-0.730.780.69-0.790.840.130.310.8-0.7
0.820.590.70.680.880.470.66-0.340.88-0.29-0.410.64-0.720.830.60.89-0.730.670.38-0.720.84-0.230.320.64-0.58
0.720.590.720.750.70.070.780.020.690.020.120.21-0.440.610.680.67-0.660.680.68-0.430.48-0.010.340.76-0.64
0.790.70.720.520.780.430.54-0.340.79-0.06-0.160.49-0.390.830.750.85-0.740.970.69-0.380.830.090.10.45-0.29
0.90.680.750.520.840.170.96-0.090.830.180.250.27-0.780.780.580.8-0.530.530.67-0.770.590.140.50.92-0.86
0.970.880.70.780.840.480.79-0.371.0-0.08-0.20.38-0.820.960.670.97-0.760.760.53-0.820.86-0.020.260.79-0.71
0.390.470.070.430.170.480.07-0.990.490.29-0.510.34-0.290.50.330.49-0.40.470.07-0.30.520.41-0.190.13-0.23
0.850.660.780.540.960.790.070.030.780.050.270.24-0.70.720.50.77-0.550.510.66-0.690.550.070.590.93-0.79
-0.3-0.340.02-0.34-0.09-0.37-0.990.03-0.39-0.370.46-0.250.22-0.4-0.25-0.380.31-0.38-0.010.23-0.42-0.480.26-0.050.16
0.970.880.690.790.831.00.490.78-0.39-0.07-0.20.38-0.810.960.680.97-0.780.780.53-0.810.870.00.240.79-0.7
0.06-0.290.02-0.060.18-0.080.290.05-0.37-0.070.520.020.080.030.21-0.070.230.030.380.08-0.110.87-0.030.04-0.2
0.02-0.410.12-0.160.25-0.2-0.510.270.46-0.20.52-0.150.07-0.1-0.06-0.150.25-0.140.50.08-0.340.530.170.11-0.09
0.430.640.210.490.270.380.340.24-0.250.380.02-0.15-0.180.510.580.51-0.340.560.51-0.170.580.060.230.09-0.15
-0.8-0.72-0.44-0.39-0.78-0.82-0.29-0.70.22-0.810.080.07-0.18-0.74-0.33-0.760.53-0.33-0.251.0-0.630.09-0.24-0.750.68
0.970.830.610.830.780.960.50.72-0.40.960.03-0.10.51-0.740.720.97-0.740.840.65-0.740.890.130.180.66-0.59
0.70.60.680.750.580.670.330.5-0.250.680.21-0.060.58-0.330.720.66-0.530.830.71-0.330.670.10.230.48-0.51
0.970.890.670.850.80.970.490.77-0.380.97-0.07-0.150.51-0.760.970.66-0.770.830.63-0.750.890.060.270.7-0.58
-0.73-0.73-0.66-0.74-0.53-0.76-0.4-0.550.31-0.780.230.25-0.340.53-0.74-0.53-0.77-0.69-0.380.54-0.610.050.11-0.580.52
0.780.670.680.970.530.760.470.51-0.380.780.03-0.140.56-0.330.840.830.83-0.690.75-0.330.80.160.090.42-0.33
0.690.380.680.690.670.530.070.66-0.010.530.380.50.51-0.250.650.710.63-0.380.75-0.240.480.440.340.45-0.39
-0.79-0.72-0.43-0.38-0.77-0.82-0.3-0.690.23-0.810.080.08-0.171.0-0.74-0.33-0.750.54-0.33-0.24-0.620.09-0.21-0.740.67
0.840.840.480.830.590.860.520.55-0.420.87-0.11-0.340.58-0.630.890.670.89-0.610.80.48-0.62-0.060.230.52-0.38
0.13-0.23-0.010.090.14-0.020.410.07-0.480.00.870.530.060.090.130.10.060.050.160.440.09-0.06-0.15-0.02-0.08
0.310.320.340.10.50.26-0.190.590.260.24-0.030.170.23-0.240.180.230.270.110.090.34-0.210.23-0.150.48-0.29
0.80.640.760.450.920.790.130.93-0.050.790.040.110.09-0.750.660.480.7-0.580.420.45-0.740.52-0.020.48-0.9
-0.7-0.58-0.64-0.29-0.86-0.71-0.23-0.790.16-0.7-0.2-0.09-0.150.68-0.59-0.51-0.580.52-0.33-0.390.67-0.38-0.08-0.29-0.9
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Coal India Account Relationship Matchups

Coal India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.6T1.8T2.1T2.4T2.7T2.9T
Short Long Term Debt Total58.8B35.1B43.3B65.2B75.0B78.8B
Other Current Liab235.7B256.0B392.3B519.4B597.3B325.7B
Total Current Liabilities516.4B574.0B687.3B612.7B704.6B452.3B
Total Stockholder Equity365.2B431.4B572.4B827.3B951.4B999.0B
Property Plant And Equipment Net528.0B593.7B646.4B909.0B1.0T1.1T
Net Debt6.5B(27.6B)(13.3B)5.1B5.9B6.2B
Retained Earnings117.4B174.5B489.1B544.3B625.9B657.2B
Cash52.3B62.8B56.7B60.1B54.1B51.4B
Non Current Assets Total770.5B874.0B1.0T1.3T1.5T1.6T
Non Currrent Assets Other176.2B208.9B259.7B285.9B328.8B221.6B
Cash And Short Term Investments202.6B356.0B466.9B329.3B378.7B399.3B
Net Receivables196.2B113.7B130.6B132.6B152.4B109.7B
Liabilities And Stockholders Equity1.6T1.8T2.1T2.4T2.7T2.9T
Non Current Liabilities Total731.8B790.2B844.6B928.2B1.1T1.1T
Inventory89.5B70.8B81.5B101.8B117.0B67.2B
Other Current Assets365.3B379.4B437.8B475.2B546.4B573.8B
Other Stockholder Equity177.8M195.3B(550.7B)(544.3B)(489.8B)(465.3B)
Total Liab1.2T1.4T1.5T1.5T1.8T900.8B
Total Current Assets847.2B928.4B1.1T1.0T1.2T786.6B
Accumulated Other Comprehensive Income186.0B195.3B211.4B221.4B254.6B267.4B
Accounts Payable84.7B86.0B85.5B83.9B96.4B101.3B
Short Term Investments150.3B293.2B410.3B269.3B242.3B240.7B
Short Term Debt32.0B522M681.7M7.5B8.6B9.1B
Intangible Assets996.1M2.0B49.5B69.4B79.8B83.8B
Current Deferred Revenue391.1B481.7B278.0B(3.8B)(3.4B)(3.2B)
Other Liab667.1B704.9B755.6B801.9B922.2B637.7B
Net Tangible Assets320.6B363.9B428.5B523.0B601.4B381.6B
Other Assets195.0B216.7B250.3B142.3B163.6B173.9B
Long Term Debt26.9B33.0B41.1B56.2B64.6B67.8B
Short Long Term Debt31.9B79.8M84.8M6.7B7.7B12.4B
Property Plant Equipment450.2B527.6B592.9B646.4B743.3B435.4B
Long Term Debt Total19.9B26.9B34.6B42.6B49.0B51.5B
Non Current Liabilities Other56.5B59.8B68.3B74.4B85.6B59.0B
Cash And Equivalents18.7B12.8B29.2B28.6B32.9B20.2B
Net Invested Capital423.9B464.5B613.6B890.2B1.0T515.2B
Net Working Capital330.8B354.4B393.5B426.1B490.0B356.8B

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Other Information on Investing in Coal Stock

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