Engineers Change In Working Capital vs Net Borrowings 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 Change In Working Capital and its Net Borrowings 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.

Change In Working Capital vs Net Borrowings

Change In Working Capital vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Engineers India Change In Working Capital account and Net Borrowings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Engineers India's Change In Working Capital and Net Borrowings is -0.04. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Borrowings 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 Change In Working Capital and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Engineers India Limited are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change In Working Capital i.e., Engineers India's Change In Working Capital and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.04

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

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 Expense	9.6M	15.0M	30.5M	15.4M
Depreciation And Amortization	221.9M	242.3M	350.0M	192.6M

Interest Expense Depreciation And Amortization

Engineers India fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Good Will	Short Term Investments	Retained Earnings	Short Long Term Debt Total	Other Liab
Total Assets		0.65	0.8	0.69	0.76	0.38	0.32	-0.38	0.45	0.15	0.56	0.35	0.25	0.31	-0.13	-0.02	-0.26	0.81	0.73	0.84	0.22	-0.03	0.52	-0.59	0.29	-0.37
Other Current Liab	0.65		0.57	0.4	0.43	0.11	0.16	-0.1	0.25	0.34	0.42	0.43	0.47	0.18	-0.06	0.06	0.28	0.57	0.55	0.63	0.46	-0.06	0.29	-0.48	0.67	-0.26
Total Current Liabilities	0.8	0.57		0.12	0.41	0.19	0.48	-0.18	0.69	-0.38	0.07	0.39	0.3	0.12	-0.21	-0.28	-0.21	1.0	0.3	0.81	0.0	-0.08	0.05	-0.68	0.11	-0.72
Total Stockholder Equity	0.69	0.4	0.12		0.77	0.41	-0.06	-0.42	-0.09	0.71	0.85	0.11	0.05	0.35	0.04	0.29	-0.17	0.13	0.85	0.41	0.37	0.05	0.8	-0.15	0.35	0.25
Property Plant And Equipment Net	0.76	0.43	0.41	0.77		0.68	-0.05	-0.68	0.35	0.4	0.45	-0.06	0.17	0.29	-0.22	0.14	-0.32	0.41	0.51	0.56	0.12	0.02	0.63	-0.47	0.16	-0.21
Net Debt	0.38	0.11	0.19	0.41	0.68		-0.51	-0.99	0.32	0.28	0.17	0.11	0.01	0.03	0.15	-0.16	-0.41	0.19	0.16	0.36	0.13	0.0	0.68	-0.38	0.11	-0.19
Accounts Payable	0.32	0.16	0.48	-0.06	-0.05	-0.51		0.51	0.32	-0.37	-0.06	-0.09	0.14	0.32	-0.05	0.13	0.17	0.48	0.07	0.16	-0.35	-0.12	-0.45	0.05	-0.34	-0.34
Cash	-0.38	-0.1	-0.18	-0.42	-0.68	-0.99	0.51		-0.24	-0.32	-0.19	-0.11	0.06	0.07	-0.18	0.15	0.41	-0.18	-0.17	-0.37	-0.13	-0.13	-0.7	0.34	-0.14	0.15
Non Current Assets Total	0.45	0.25	0.69	-0.09	0.35	0.32	0.32	-0.24		-0.55	-0.34	0.02	0.49	0.47	-0.33	-0.16	-0.1	0.69	-0.17	0.54	-0.12	-0.6	-0.21	-0.71	-0.16	-0.82
Non Currrent Assets Other	0.15	0.34	-0.38	0.71	0.4	0.28	-0.37	-0.32	-0.55		0.69	0.09	-0.07	-0.01	0.31	0.3	0.18	-0.38	0.58	-0.05	0.44	0.28	0.71	0.26	0.5	0.59
Cash And Short Term Investments	0.56	0.42	0.07	0.85	0.45	0.17	-0.06	-0.19	-0.34	0.69		0.22	-0.09	0.12	0.16	0.11	-0.19	0.08	0.95	0.22	0.3	0.18	0.82	0.04	0.36	0.38
Net Receivables	0.35	0.43	0.39	0.11	-0.06	0.11	-0.09	-0.11	0.02	0.09	0.22		0.12	-0.21	0.2	-0.4	0.09	0.39	0.39	0.55	0.6	0.06	0.22	-0.36	0.64	-0.03
Common Stock Shares Outstanding	0.25	0.47	0.3	0.05	0.17	0.01	0.14	0.06	0.49	-0.07	-0.09	0.12		0.5	-0.18	-0.18	0.2	0.3	0.04	0.3	0.07	-0.69	-0.13	-0.36	0.17	-0.55
Non Current Liabilities Total	0.31	0.18	0.12	0.35	0.29	0.03	0.32	0.07	0.47	-0.01	0.12	-0.21	0.5		-0.11	0.5	-0.08	0.13	0.2	0.15	0.02	-0.78	-0.02	-0.23	-0.13	-0.08
Inventory	-0.13	-0.06	-0.21	0.04	-0.22	0.15	-0.05	-0.18	-0.33	0.31	0.16	0.2	-0.18	-0.11		-0.01	0.01	-0.21	0.08	-0.22	-0.03	0.2	0.25	0.35	-0.03	0.26
Other Current Assets	-0.02	0.06	-0.28	0.29	0.14	-0.16	0.13	0.15	-0.16	0.3	0.11	-0.4	-0.18	0.5	-0.01		0.2	-0.27	0.08	-0.07	0.25	0.0	-0.03	0.17	0.11	0.47
Other Stockholder Equity	-0.26	0.28	-0.21	-0.17	-0.32	-0.41	0.17	0.41	-0.1	0.18	-0.19	0.09	0.2	-0.08	0.01	0.2		-0.21	-0.2	-0.02	0.43	-0.01	-0.38	0.21	0.45	-0.01
Total Liab	0.81	0.57	1.0	0.13	0.41	0.19	0.48	-0.18	0.69	-0.38	0.08	0.39	0.3	0.13	-0.21	-0.27	-0.21		0.3	0.82	0.0	-0.09	0.05	-0.68	0.11	-0.71
Total Current Assets	0.73	0.55	0.3	0.85	0.51	0.16	0.07	-0.17	-0.17	0.58	0.95	0.39	0.04	0.2	0.08	0.08	-0.2	0.3		0.44	0.37	0.1	0.75	-0.14	0.43	0.24
Common Stock	0.84	0.63	0.81	0.41	0.56	0.36	0.16	-0.37	0.54	-0.05	0.22	0.55	0.3	0.15	-0.22	-0.07	-0.02	0.82	0.44		0.51	-0.02	0.28	-0.76	0.54	-0.5
Intangible Assets	0.22	0.46	0.0	0.37	0.12	0.13	-0.35	-0.13	-0.12	0.44	0.3	0.6	0.07	0.02	-0.03	0.25	0.43	0.0	0.37	0.51		0.06	0.31	-0.33	0.93	0.27
Good Will	-0.03	-0.06	-0.08	0.05	0.02	0.0	-0.12	-0.13	-0.6	0.28	0.18	0.06	-0.69	-0.78	0.2	0.0	-0.01	-0.09	0.1	-0.02	0.06		0.23	0.28	0.17	0.32
Short Term Investments	0.52	0.29	0.05	0.8	0.63	0.68	-0.45	-0.7	-0.21	0.71	0.82	0.22	-0.13	-0.02	0.25	-0.03	-0.38	0.05	0.75	0.28	0.31	0.23		-0.1	0.35	0.26
Retained Earnings	-0.59	-0.48	-0.68	-0.15	-0.47	-0.38	0.05	0.34	-0.71	0.26	0.04	-0.36	-0.36	-0.23	0.35	0.17	0.21	-0.68	-0.14	-0.76	-0.33	0.28	-0.1		-0.34	0.52
Short Long Term Debt Total	0.29	0.67	0.11	0.35	0.16	0.11	-0.34	-0.14	-0.16	0.5	0.36	0.64	0.17	-0.13	-0.03	0.11	0.45	0.11	0.43	0.54	0.93	0.17	0.35	-0.34		0.16
Other Liab	-0.37	-0.26	-0.72	0.25	-0.21	-0.19	-0.34	0.15	-0.82	0.59	0.38	-0.03	-0.55	-0.08	0.26	0.47	-0.01	-0.71	0.24	-0.5	0.27	0.32	0.26	0.52	0.16

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Engineers India Account Relationship Matchups

Engineers India fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	51.0B	44.4B	41.8B	43.9B	47.4B	38.8B
Other Current Liab	10.0B	11.9B	11.8B	13.6B	13.5B	12.9B
Total Current Liabilities	26.7B	26.8B	23.9B	24.0B	24.4B	18.4B
Total Stockholder Equity	24.1B	17.5B	17.7B	19.6B	22.6B	20.3B
Property Plant And Equipment Net	2.3B	2.3B	2.4B	2.7B	3.0B	1.8B
Net Debt	(208.0M)	(650.2M)	(260.9M)	(446.0M)	(2.2B)	(2.3B)
Accounts Payable	2.7B	4.1B	3.2B	3.5B	4.4B	2.9B
Cash	257.3M	690.4M	298.1M	634.8M	2.5B	4.7B
Non Current Assets Total	10.5B	18.4B	17.5B	18.9B	20.5B	21.5B
Non Currrent Assets Other	1.3B	1.5B	1.7B	2.1B	5.1B	4.8B
Cash And Short Term Investments	27.6B	14.8B	14.3B	17.2B	13.7B	20.1B
Net Receivables	10.4B	8.9B	7.9B	(5.3B)	3.4B	4.8B
Liabilities And Stockholders Equity	51.0B	44.4B	41.8B	43.9B	47.4B	38.8B
Non Current Liabilities Total	206.7M	155.4M	138.9M	280.9M	455.0M	477.7M
Inventory	89.7M	40.2M	51.9M	11.5M	6.2M	5.9M
Other Current Assets	1.1B	1.1B	1.1B	13.0B	9.9B	5.6B
Other Stockholder Equity	1K	19.9B	(44.5B)	1.0K	262.3M	249.2M
Total Liab	26.9B	26.9B	24.1B	24.3B	24.9B	18.5B
Total Current Assets	40.4B	26.0B	24.3B	25.0B	27.0B	30.1B
Accumulated Other Comprehensive Income	(885.7M)	13.2B	14.7B	16.8B	19.5B	20.5B
Intangible Assets	33.0M	23.3M	19.3M	23.0M	48.8M	85.4M
Short Term Investments	27.3B	14.1B	14.0B	16.6B	10.9B	16.0B
Retained Earnings	1.5B	1.5B	149.3M	48.9M	262.3M	249.2M
Short Long Term Debt Total	49.2M	40.2M	37.2M	188.8M	330.2M	313.7M
Other Liab	130.7M	182.2M	131.8M	125.9M	113.3M	163.9M
Net Tangible Assets	23.2B	24.0B	17.5B	17.7B	15.9B	18.9B
Current Deferred Revenue	12.1B	13.8B	13.7B	11.3B	6.3B	10.1B
Other Assets	4.1B	4.9B	5.1B	3.6B	4.1B	4.1B
Short Term Debt	24.8M	16.6M	24.2M	60.0M	136.2M	143.0M
Property Plant Equipment	2.3B	2.3B	2.4B	2.7B	2.4B	2.0B
Long Term Debt Total	24.5M	23.6M	13.0M	128.8M	148.1M	155.5M
Cash And Equivalents	257.3M	439.8M	44.0M	11.0B	12.6B	13.2B
Net Invested Capital	24.1B	17.5B	17.7B	19.6B	22.6B	17.0B
Net Working Capital	13.7B	(733.2M)	375.5M	1.0B	2.5B	2.4B

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Engineers Change In Working Capital vs Net Borrowings Analysis

Change In Working Capital vs Net Borrowings

Change In Working Capital vs Net Borrowings Correlation Analysis

Correlation Coefficient

Change In Working Capital

Net Borrowings

Engineers India fundamental ratios Correlations

Engineers India Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Engineers India fundamental ratios Accounts

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.95	Cash And Short Term Investments
Short Long Term Debt Total	+ 0.93	Intangible Assets
Cash And Short Term Investments	+ 0.85	Total Stockholder Equity
Total Current Assets	+ 0.85	Total Stockholder Equity
Common Stock	+ 0.84	Total Assets

Cash	- 0.99	Net Debt
Other Liab	- 0.82	Non Current Assets Total
Good Will	- 0.78	Non Current Liabilities Total
Retained Earnings	- 0.76	Common Stock
Other Liab	- 0.72	Total Current Liabilities
Other Liab	- 0.71	Total Liab