Engineers Non Currrent Assets Other vs Cash And Short Term Investments Analysis

ENGINERSIN

176.78 5.08 2.79%

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 Non Currrent Assets Other and its Cash And Short Term Investments 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.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Engineers India Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Engineers India's Non Currrent Assets Other and Cash And Short Term Investments is 0.71. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments 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 Non Currrent Assets Other and Cash 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 Non Currrent Assets Other of Engineers India Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Engineers India's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Engineers India balance sheet. This account contains Engineers India investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Engineers India Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 01/10/2025, Tax Provision is likely to grow to about 1.2 B, while Selling General Administrative is likely to drop slightly above 181.1 M.

	2022	2023	2024	2025 (projected)
Interest Expense	15.0M	30.5M	27.4M	15.4M
Depreciation And Amortization	242.3M	350.0M	402.5M	422.6M

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		0.67	0.83	0.7	0.79	0.35	0.43	-0.35	0.51	0.06	0.43	0.3	0.34	0.4	-0.17	0.02	-0.24	0.83	0.68	0.85	0.18	-0.09	0.34	-0.61	0.22	-0.45
Other Current Liab	0.67		0.59	0.43	0.46	0.1	0.23	-0.11	0.3	0.31	0.36	0.41	0.53	0.24	-0.09	0.08	0.27	0.59	0.54	0.66	0.44	-0.11	0.21	-0.5	0.63	-0.31
Total Current Liabilities	0.83	0.59		0.18	0.48	0.17	0.55	-0.17	0.7	-0.42	-0.01	0.35	0.34	0.27	-0.24	-0.22	-0.2	1.0	0.28	0.82	-0.03	-0.12	-0.06	-0.69	0.06	-0.75
Total Stockholder Equity	0.7	0.43	0.18		0.77	0.4	0.04	-0.4	0.01	0.65	0.77	0.1	0.15	0.36	0.01	0.3	-0.17	0.19	0.84	0.45	0.35	-0.01	0.69	-0.18	0.31	0.16
Property Plant And Equipment Net	0.79	0.46	0.48	0.77		0.63	0.11	-0.62	0.41	0.29	0.33	-0.08	0.22	0.38	-0.25	0.17	-0.3	0.49	0.47	0.58	0.08	-0.02	0.45	-0.5	0.1	-0.3
Net Debt	0.35	0.1	0.17	0.4	0.63		-0.47	-1.0	0.25	0.29	0.17	0.11	-0.01	0.0	0.16	-0.16	-0.41	0.17	0.16	0.36	0.13	0.02	0.66	-0.37	0.12	-0.17
Accounts Payable	0.43	0.23	0.55	0.04	0.11	-0.47		0.47	0.42	-0.42	-0.15	-0.11	0.18	0.43	-0.1	0.17	0.16	0.56	0.06	0.22	-0.35	-0.13	-0.52	-0.03	-0.35	-0.43
Cash	-0.35	-0.11	-0.17	-0.4	-0.62	-1.0	0.47		-0.26	-0.29	-0.18	-0.11	-0.02	-0.02	-0.16	0.16	0.41	-0.17	-0.17	-0.35	-0.13	0.01	-0.66	0.37	-0.12	0.17
Non Current Assets Total	0.51	0.3	0.7	0.01	0.41	0.25	0.42	-0.26		-0.5	-0.38	-0.01	0.49	0.64	-0.35	-0.1	-0.09	0.7	-0.15	0.52	-0.14	-0.62	-0.31	-0.7	-0.2	-0.82
Non Currrent Assets Other	0.06	0.31	-0.42	0.65	0.29	0.29	-0.42	-0.29	-0.5		0.71	0.1	0.02	-0.05	0.31	0.27	0.18	-0.42	0.58	-0.09	0.45	0.14	0.72	0.26	0.5	0.6
Cash And Short Term Investments	0.43	0.36	-0.01	0.77	0.33	0.17	-0.15	-0.18	-0.38	0.71		0.22	0.01	-0.02	0.18	0.09	-0.19	-0.01	0.93	0.2	0.31	0.11	0.82	0.08	0.37	0.41
Net Receivables	0.3	0.41	0.35	0.1	-0.08	0.11	-0.11	-0.11	-0.01	0.1	0.22		0.15	-0.19	0.21	-0.4	0.09	0.34	0.39	0.54	0.6	0.04	0.22	-0.34	0.64	-0.01
Common Stock Shares Outstanding	0.34	0.53	0.34	0.15	0.22	-0.01	0.18	-0.02	0.49	0.02	0.01	0.15		0.48	-0.16	-0.23	0.2	0.35	0.15	0.28	0.09	-0.69	-0.12	-0.33	0.18	-0.48
Non Current Liabilities Total	0.4	0.24	0.27	0.36	0.38	0.0	0.43	-0.02	0.64	-0.05	-0.02	-0.19	0.48		-0.17	0.43	-0.06	0.28	0.15	0.18	-0.02	-0.74	-0.18	-0.29	-0.17	-0.23
Inventory	-0.17	-0.09	-0.24	0.01	-0.25	0.16	-0.1	-0.16	-0.35	0.31	0.18	0.21	-0.16	-0.17		-0.03	0.01	-0.25	0.08	-0.24	-0.02	0.19	0.27	0.37	-0.01	0.29
Other Current Assets	0.02	0.08	-0.22	0.3	0.17	-0.16	0.17	0.16	-0.1	0.27	0.09	-0.4	-0.23	0.43	-0.03		0.2	-0.21	0.08	-0.07	0.24	0.04	-0.06	0.14	0.1	0.42
Other Stockholder Equity	-0.24	0.27	-0.2	-0.17	-0.3	-0.41	0.16	0.41	-0.09	0.18	-0.19	0.09	0.2	-0.06	0.01	0.2		-0.2	-0.2	-0.02	0.43	0.0	-0.36	0.2	0.45	-0.01
Total Liab	0.83	0.59	1.0	0.19	0.49	0.17	0.56	-0.17	0.7	-0.42	-0.01	0.34	0.35	0.28	-0.25	-0.21	-0.2		0.28	0.82	-0.03	-0.12	-0.07	-0.69	0.06	-0.75
Total Current Assets	0.68	0.54	0.28	0.84	0.47	0.16	0.06	-0.17	-0.15	0.58	0.93	0.39	0.15	0.15	0.08	0.08	-0.2	0.28		0.45	0.37	0.03	0.71	-0.14	0.42	0.22
Common Stock	0.85	0.66	0.82	0.45	0.58	0.36	0.22	-0.35	0.52	-0.09	0.2	0.54	0.28	0.18	-0.24	-0.07	-0.02	0.82	0.45		0.49	-0.01	0.22	-0.77	0.51	-0.51
Intangible Assets	0.18	0.44	-0.03	0.35	0.08	0.13	-0.35	-0.13	-0.14	0.45	0.31	0.6	0.09	-0.02	-0.02	0.24	0.43	-0.03	0.37	0.49		0.04	0.31	-0.31	0.93	0.28
Good Will	-0.09	-0.11	-0.12	-0.01	-0.02	0.02	-0.13	0.01	-0.62	0.14	0.11	0.04	-0.69	-0.74	0.19	0.04	0.0	-0.12	0.03	-0.01	0.04		0.21	0.26	0.16	0.28
Short Term Investments	0.34	0.21	-0.06	0.69	0.45	0.66	-0.52	-0.66	-0.31	0.72	0.82	0.22	-0.12	-0.18	0.27	-0.06	-0.36	-0.07	0.71	0.22	0.31	0.21		-0.04	0.36	0.33
Retained Earnings	-0.61	-0.5	-0.69	-0.18	-0.5	-0.37	-0.03	0.37	-0.7	0.26	0.08	-0.34	-0.33	-0.29	0.37	0.14	0.2	-0.69	-0.14	-0.77	-0.31	0.26	-0.04		-0.31	0.55
Short Long Term Debt Total	0.22	0.63	0.06	0.31	0.1	0.12	-0.35	-0.12	-0.2	0.5	0.37	0.64	0.18	-0.17	-0.01	0.1	0.45	0.06	0.42	0.51	0.93	0.16	0.36	-0.31		0.18
Other Liab	-0.45	-0.31	-0.75	0.16	-0.3	-0.17	-0.43	0.17	-0.82	0.6	0.41	-0.01	-0.48	-0.23	0.29	0.42	-0.01	-0.75	0.22	-0.51	0.28	0.28	0.33	0.55	0.18

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Engineers India Account Relationship Matchups

Engineers India fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	44.4B	41.8B	43.9B	47.4B	54.5B	38.8B
Other Current Liab	11.9B	11.8B	13.6B	13.5B	15.6B	12.9B
Total Current Liabilities	26.8B	23.9B	24.0B	24.4B	28.1B	18.4B
Total Stockholder Equity	17.5B	17.7B	19.6B	22.6B	25.9B	20.3B
Property Plant And Equipment Net	2.3B	2.4B	2.7B	3.0B	3.4B	1.8B
Net Debt	(650.2M)	(260.9M)	(446.0M)	(2.2B)	(2.5B)	(2.6B)
Accounts Payable	4.1B	3.2B	3.5B	4.4B	5.1B	2.9B
Cash	690.4M	298.1M	634.8M	2.5B	2.3B	2.1B
Non Current Assets Total	18.4B	17.5B	18.9B	20.5B	23.5B	24.7B
Non Currrent Assets Other	1.5B	1.7B	2.1B	5.1B	5.8B	10.7B
Cash And Short Term Investments	14.8B	14.3B	17.2B	13.7B	15.8B	20.1B
Net Receivables	8.9B	7.9B	(5.3B)	3.4B	3.9B	4.8B
Liabilities And Stockholders Equity	44.4B	41.8B	43.9B	47.4B	54.5B	38.8B
Non Current Liabilities Total	155.4M	138.9M	280.9M	455.0M	523.2M	549.4M
Inventory	40.2M	51.9M	11.5M	6.2M	5.6M	5.3M
Other Current Assets	1.1B	1.1B	13.0B	9.9B	8.9B	5.6B
Total Liab	26.9B	24.1B	24.3B	24.9B	28.6B	18.5B
Total Current Assets	26.0B	24.3B	25.0B	27.0B	31.0B	30.1B
Accumulated Other Comprehensive Income	13.2B	14.7B	16.8B	19.5B	22.4B	23.5B
Intangible Assets	23.3M	19.3M	23.0M	48.8M	56.2M	85.4M
Short Term Investments	14.1B	14.0B	16.6B	10.9B	9.8B	16.0B
Retained Earnings	1.5B	149.3M	48.9M	262.3M	236.1M	224.3M
Short Long Term Debt Total	40.2M	37.2M	188.8M	330.2M	297.1M	282.3M
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	13.8B	13.7B	11.3B	6.3B	7.2B	10.1B
Other Assets	4.1B	4.9B	5.1B	3.6B	4.1B	4.1B
Short Term Debt	16.6M	24.2M	60.0M	136.2M	156.6M	164.5M
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	17.5B	17.7B	19.6B	22.6B	20.3B	17.0B
Net Working Capital	(733.2M)	375.5M	1.0B	2.5B	2.3B	2.2B
Capital Lease Obligations	40.2M	37.2M	188.8M	330.2M	379.7M	398.7M
Property Plant And Equipment Gross	3.4B	3.9B	2.7B	3.0B	2.7B	2.6B

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Engineers Non Currrent Assets Other vs Cash And Short Term Investments Analysis

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Cash And Short Term Investments

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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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.93	Cash And Short Term Investments
Short Long Term Debt Total	+ 0.93	Intangible Assets
Common Stock	+ 0.85	Total Assets
Total Current Assets	+ 0.84	Total Stockholder Equity
Total Current Liabilities	+ 0.83	Total Assets

Cash	- 1.0	Net Debt
Other Liab	- 0.82	Non Current Assets Total
Retained Earnings	- 0.77	Common Stock
Other Liab	- 0.75	Total Liab
Other Liab	- 0.75	Total Current Liabilities
Good Will	- 0.74	Non Current Liabilities Total