Engineers Net Receivables vs Common Stock Shares Outstanding 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 Net Receivables and its Common Stock Shares Outstanding 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.

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Engineers India Net Receivables account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Engineers India's Net Receivables and Common Stock Shares Outstanding is 0.12. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Shares Outstanding 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 Net Receivables and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Engineers India Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Receivables i.e., Engineers India's Net Receivables and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Receivables

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

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 Net Receivables vs Common Stock Shares Outstanding Analysis

Net Receivables vs Common Stock Shares Outstanding

Net Receivables vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Net Receivables

Common Stock Shares Outstanding

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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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