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

EXIDEIND   347.80  6.70  1.89%   
Exide Industries financial indicator trend analysis is much more than just examining Exide Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Exide Industries is a good investment. Please check the relationship between Exide Industries 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 Exide Industries 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 income.

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 Exide Industries Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Exide Industries' Non Currrent Assets Other and Cash And Short Term Investments is -0.16. 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 Exide Industries Limited, assuming nothing else is changed. The correlation between historical values of Exide Industries' 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 Exide Industries 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., Exide Industries' Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Exide Industries balance sheet. This account contains Exide Industries investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Exide Industries 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 Exide Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Exide Industries 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 Exide Industries 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 income.
As of the 1st of March 2025, Selling General Administrative is likely to drop to about 2.2 B. In addition to that, Tax Provision is likely to drop to about 2.5 B
 2022 2023 2024 2025 (projected)
EBITDA17.2B19.1B22.0B11.7B
EBIT12.2B13.5B15.5B9.3B

Exide Industries fundamental ratios Correlations

0.370.430.990.440.450.10.820.870.410.890.550.230.860.050.320.85-0.010.640.890.710.480.080.240.290.45
0.370.950.270.70.98-0.22-0.110.640.710.280.930.930.680.871.00.330.2-0.080.64-0.34-0.040.79-0.680.87-0.1
0.430.950.360.640.96-0.050.010.610.670.370.960.950.740.890.940.410.24-0.060.66-0.240.010.85-0.650.94-0.08
0.990.270.360.350.360.140.890.790.320.890.480.150.79-0.040.220.83-0.030.680.840.790.510.010.310.220.48
0.440.70.640.350.750.050.120.670.990.480.740.620.640.510.660.57-0.070.230.57-0.050.270.57-0.110.68-0.05
0.450.980.960.360.75-0.170.00.680.760.410.960.930.740.850.960.420.14-0.020.67-0.240.10.79-0.580.9-0.08
0.1-0.22-0.050.140.05-0.170.31-0.050.050.20.02-0.060.08-0.09-0.270.45-0.090.36-0.060.30.050.170.360.130.0
0.82-0.110.010.890.120.00.310.460.080.810.16-0.190.47-0.37-0.170.73-0.160.810.550.970.59-0.250.64-0.070.51
0.870.640.610.790.670.68-0.050.460.630.740.70.470.930.320.60.770.040.40.920.320.310.3-0.050.490.26
0.410.710.670.320.990.760.050.080.630.440.750.660.630.560.670.54-0.020.160.54-0.10.230.62-0.170.71-0.09
0.890.280.370.890.480.410.20.810.740.440.540.220.80.040.210.83-0.250.570.720.690.680.110.360.340.45
0.550.930.960.480.740.960.020.160.70.750.540.920.820.820.890.560.160.110.72-0.090.180.81-0.480.920.04
0.230.930.950.150.620.93-0.06-0.190.470.660.220.920.630.980.920.280.26-0.190.46-0.43-0.080.94-0.730.95-0.17
0.860.680.740.790.640.740.080.470.930.630.80.820.630.490.640.790.140.320.890.290.320.49-0.160.650.29
0.050.870.89-0.040.510.85-0.09-0.370.320.560.040.820.980.490.870.080.3-0.360.29-0.59-0.210.93-0.820.9-0.24
0.321.00.940.220.660.96-0.27-0.170.60.670.210.890.920.640.870.260.23-0.130.61-0.4-0.090.77-0.730.84-0.11
0.850.330.410.830.570.420.450.730.770.540.830.560.280.790.080.26-0.160.650.750.610.560.270.30.410.23
-0.010.20.24-0.03-0.070.14-0.09-0.160.04-0.02-0.250.160.260.140.30.23-0.16-0.160.16-0.2-0.580.2-0.380.16-0.01
0.64-0.08-0.060.680.23-0.020.360.810.40.160.570.11-0.190.32-0.36-0.130.65-0.160.410.780.31-0.230.64-0.120.44
0.890.640.660.840.570.67-0.060.550.920.540.720.720.460.890.290.610.750.160.410.390.320.27-0.090.50.32
0.71-0.34-0.240.79-0.05-0.240.30.970.32-0.10.69-0.09-0.430.29-0.59-0.40.61-0.20.780.390.55-0.460.77-0.310.51
0.48-0.040.010.510.270.10.050.590.310.230.680.18-0.080.32-0.21-0.090.56-0.580.310.320.55-0.10.450.020.25
0.080.790.850.010.570.790.17-0.250.30.620.110.810.940.490.930.770.270.2-0.230.27-0.46-0.1-0.660.93-0.33
0.24-0.68-0.650.31-0.11-0.580.360.64-0.05-0.170.36-0.48-0.73-0.16-0.82-0.730.3-0.380.64-0.090.770.45-0.66-0.570.31
0.290.870.940.220.680.90.13-0.070.490.710.340.920.950.650.90.840.410.16-0.120.5-0.310.020.93-0.57-0.18
0.45-0.1-0.080.48-0.05-0.080.00.510.26-0.090.450.04-0.170.29-0.24-0.110.23-0.010.440.320.510.25-0.330.31-0.18
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Exide Industries Account Relationship Matchups

Exide Industries fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets286.9B139.1B140.5B181.5B208.7B127.9B
Total Stockholder Equity72.7B105.8B112.1B128.9B148.2B155.6B
Property Plant And Equipment Net34.2B35.9B29.3B49.3B56.6B59.5B
Non Current Assets Total224.3B87.9B89.7B119.0B136.8B91.9B
Liabilities And Stockholders Equity286.9B139.1B140.5B181.5B208.7B127.9B
Inventory26.4B28.6B29.9B38.7B44.5B46.7B
Total Liab213.7B32.9B28.4B52.5B60.4B78.0B
Total Current Assets62.6B51.2B50.9B62.5B71.9B36.0B
Accumulated Other Comprehensive Income4.3B(7.9B)(10.4B)38.9M35.0M36.8M
Other Current Liab21.2B5.7B3.2B11.5B13.2B8.9B
Accounts Payable23.7B18.5B15.3B27.1B31.1B32.7B
Short Long Term Debt Total5.1B5.2B4.5B11.2B12.9B13.6B
Total Current Liabilities48.0B28.2B25.0B44.5B51.1B28.0B
Net Debt1.7B3.3B2.1B8.0B9.2B9.7B
Retained Earnings60.2B105.5B113.5B120.6B138.7B145.6B
Cash3.4B1.9B681.2M3.2B3.7B2.4B
Non Currrent Assets Other10.2B1.5B14.0B9.9B11.4B7.4B
Cash And Short Term Investments18.9B9.0B6.7B5.8B6.7B11.5B
Net Receivables15.2B11.8B12.7B13.8B15.9B11.3B
Non Current Liabilities Total165.6B4.7B3.4B8.0B9.2B8.8B
Other Current Assets7.0B2.7B1.5B4.2B4.8B4.9B
Short Term Debt819.4M1.4B68.1M4.9B5.6B5.9B
Intangible Assets981.4M928M257.4M2.3B2.7B2.8B
Current Deferred Revenue21.2B5.7B6.5B1.0B1.2B1.1B
Short Term Investments15.5B7.1B6.0B2.6B2.3B2.2B
Other Liab129.2B144.9B161.4B851.9M979.7M930.7M
Net Tangible Assets54.5B57.9B65.9B104.4B120.1B126.1B
Other Assets4.8B6.0B2.4B2.6B2.3B2.2B
Long Term Debt855.8M823.6M1.4B2.2B2.5B2.7B
Short Long Term Debt466.7M1.3B1.4B4.8B5.5B5.7B
Property Plant Equipment29.8B33.5B35.6B39.2B45.1B27.1B
Long Term Debt Total1.1B4.3B3.8B4.4B5.1B5.3B
Cash And Equivalents1.4B730.4M400K156.7M141.0M134.0M
Net Invested Capital74.0B107.9B112.1B135.8B156.2B96.2B

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Other Information on Investing in Exide Stock

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