Engineers Capital Expenditures vs Change To Account Receivables Analysis

ENGINERSIN   183.68  8.98  4.66%   
Engineers India financial indicator trend analysis is much more than just examining Engineers India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Engineers India is a good investment. Please check the relationship between Engineers India Capital Expenditures and its Change To Account Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Engineers 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 board of governors.

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Engineers India Capital Expenditures account and Change To Account Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Engineers India's Capital Expenditures and Change To Account Receivables is 0.11. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Engineers India Limited, assuming nothing else is changed. The correlation between historical values of Engineers India's Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Engineers India Limited are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Engineers India's Capital Expenditures and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Engineers India to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Engineers India operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Account Receivables

Most indicators from Engineers India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Engineers India 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Engineers 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 board of governors.
As of 12/23/2024, Selling General Administrative is likely to drop to about 181.1 M. In addition to that, Tax Provision is likely to drop to about 1.2 B
 2021 2022 2023 2024 (projected)
Interest Expense9.6M15.0M30.5M15.4M
Depreciation And Amortization221.9M242.3M350.0M192.6M

Engineers India fundamental ratios Correlations

0.650.80.690.760.380.32-0.380.450.150.560.350.250.31-0.13-0.02-0.260.810.730.840.22-0.030.52-0.590.29-0.37
0.650.570.40.430.110.16-0.10.250.340.420.430.470.18-0.060.060.280.570.550.630.46-0.060.29-0.480.67-0.26
0.80.570.120.410.190.48-0.180.69-0.380.070.390.30.12-0.21-0.28-0.211.00.30.810.0-0.080.05-0.680.11-0.72
0.690.40.120.770.41-0.06-0.42-0.090.710.850.110.050.350.040.29-0.170.130.850.410.370.050.8-0.150.350.25
0.760.430.410.770.68-0.05-0.680.350.40.45-0.060.170.29-0.220.14-0.320.410.510.560.120.020.63-0.470.16-0.21
0.380.110.190.410.68-0.51-0.990.320.280.170.110.010.030.15-0.16-0.410.190.160.360.130.00.68-0.380.11-0.19
0.320.160.48-0.06-0.05-0.510.510.32-0.37-0.06-0.090.140.32-0.050.130.170.480.070.16-0.35-0.12-0.450.05-0.34-0.34
-0.38-0.1-0.18-0.42-0.68-0.990.51-0.24-0.32-0.19-0.110.060.07-0.180.150.41-0.18-0.17-0.37-0.13-0.13-0.70.34-0.140.15
0.450.250.69-0.090.350.320.32-0.24-0.55-0.340.020.490.47-0.33-0.16-0.10.69-0.170.54-0.12-0.6-0.21-0.71-0.16-0.82
0.150.34-0.380.710.40.28-0.37-0.32-0.550.690.09-0.07-0.010.310.30.18-0.380.58-0.050.440.280.710.260.50.59
0.560.420.070.850.450.17-0.06-0.19-0.340.690.22-0.090.120.160.11-0.190.080.950.220.30.180.820.040.360.38
0.350.430.390.11-0.060.11-0.09-0.110.020.090.220.12-0.210.2-0.40.090.390.390.550.60.060.22-0.360.64-0.03
0.250.470.30.050.170.010.140.060.49-0.07-0.090.120.5-0.18-0.180.20.30.040.30.07-0.69-0.13-0.360.17-0.55
0.310.180.120.350.290.030.320.070.47-0.010.12-0.210.5-0.110.5-0.080.130.20.150.02-0.78-0.02-0.23-0.13-0.08
-0.13-0.06-0.210.04-0.220.15-0.05-0.18-0.330.310.160.2-0.18-0.11-0.010.01-0.210.08-0.22-0.030.20.250.35-0.030.26
-0.020.06-0.280.290.14-0.160.130.15-0.160.30.11-0.4-0.180.5-0.010.2-0.270.08-0.070.250.0-0.030.170.110.47
-0.260.28-0.21-0.17-0.32-0.410.170.41-0.10.18-0.190.090.2-0.080.010.2-0.21-0.2-0.020.43-0.01-0.380.210.45-0.01
0.810.571.00.130.410.190.48-0.180.69-0.380.080.390.30.13-0.21-0.27-0.210.30.820.0-0.090.05-0.680.11-0.71
0.730.550.30.850.510.160.07-0.17-0.170.580.950.390.040.20.080.08-0.20.30.440.370.10.75-0.140.430.24
0.840.630.810.410.560.360.16-0.370.54-0.050.220.550.30.15-0.22-0.07-0.020.820.440.51-0.020.28-0.760.54-0.5
0.220.460.00.370.120.13-0.35-0.13-0.120.440.30.60.070.02-0.030.250.430.00.370.510.060.31-0.330.930.27
-0.03-0.06-0.080.050.020.0-0.12-0.13-0.60.280.180.06-0.69-0.780.20.0-0.01-0.090.1-0.020.060.230.280.170.32
0.520.290.050.80.630.68-0.45-0.7-0.210.710.820.22-0.13-0.020.25-0.03-0.380.050.750.280.310.23-0.10.350.26
-0.59-0.48-0.68-0.15-0.47-0.380.050.34-0.710.260.04-0.36-0.36-0.230.350.170.21-0.68-0.14-0.76-0.330.28-0.1-0.340.52
0.290.670.110.350.160.11-0.34-0.14-0.160.50.360.640.17-0.13-0.030.110.450.110.430.540.930.170.35-0.340.16
-0.37-0.26-0.720.25-0.21-0.19-0.340.15-0.820.590.38-0.03-0.55-0.080.260.47-0.01-0.710.24-0.50.270.320.260.520.16
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Engineers India Account Relationship Matchups

Engineers India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets51.0B44.4B41.8B43.9B47.4B38.8B
Other Current Liab10.0B11.9B11.8B13.6B13.5B12.9B
Total Current Liabilities26.7B26.8B23.9B24.0B24.4B18.4B
Total Stockholder Equity24.1B17.5B17.7B19.6B22.6B20.3B
Property Plant And Equipment Net2.3B2.3B2.4B2.7B3.0B1.8B
Net Debt(208.0M)(650.2M)(260.9M)(446.0M)(2.2B)(2.3B)
Accounts Payable2.7B4.1B3.2B3.5B4.4B2.9B
Cash257.3M690.4M298.1M634.8M2.5B4.7B
Non Current Assets Total10.5B18.4B17.5B18.9B20.5B21.5B
Non Currrent Assets Other1.3B1.5B1.7B2.1B5.1B4.8B
Cash And Short Term Investments27.6B14.8B14.3B17.2B13.7B20.1B
Net Receivables10.4B8.9B7.9B(5.3B)3.4B4.8B
Liabilities And Stockholders Equity51.0B44.4B41.8B43.9B47.4B38.8B
Non Current Liabilities Total206.7M155.4M138.9M280.9M455.0M477.7M
Inventory89.7M40.2M51.9M11.5M6.2M5.9M
Other Current Assets1.1B1.1B1.1B13.0B9.9B5.6B
Other Stockholder Equity1K19.9B(44.5B)1.0K262.3M249.2M
Total Liab26.9B26.9B24.1B24.3B24.9B18.5B
Total Current Assets40.4B26.0B24.3B25.0B27.0B30.1B
Accumulated Other Comprehensive Income(885.7M)13.2B14.7B16.8B19.5B20.5B
Intangible Assets33.0M23.3M19.3M23.0M48.8M85.4M
Short Term Investments27.3B14.1B14.0B16.6B10.9B16.0B
Retained Earnings1.5B1.5B149.3M48.9M262.3M249.2M
Short Long Term Debt Total49.2M40.2M37.2M188.8M330.2M313.7M
Other Liab130.7M182.2M131.8M125.9M113.3M163.9M
Net Tangible Assets23.2B24.0B17.5B17.7B15.9B18.9B
Current Deferred Revenue12.1B13.8B13.7B11.3B6.3B10.1B
Other Assets4.1B4.9B5.1B3.6B4.1B4.1B
Short Term Debt24.8M16.6M24.2M60.0M136.2M143.0M
Property Plant Equipment2.3B2.3B2.4B2.7B2.4B2.0B
Long Term Debt Total24.5M23.6M13.0M128.8M148.1M155.5M
Cash And Equivalents257.3M439.8M44.0M11.0B12.6B13.2B
Net Invested Capital24.1B17.5B17.7B19.6B22.6B17.0B
Net Working Capital13.7B(733.2M)375.5M1.0B2.5B2.4B

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