Indian Non Currrent Assets Other vs Retained Earnings Analysis

INDIANCARD   265.70  2.25  0.85%   
Indian Card financial indicator trend analysis is infinitely more than just investigating Indian Card Clothing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Card Clothing is a good investment. Please check the relationship between Indian Card Non Currrent Assets Other and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Card Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Card Clothing Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Indian Card's Non Currrent Assets Other and Retained Earnings is -0.28. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Indian Card Clothing, assuming nothing else is changed. The correlation between historical values of Indian Card's Non Currrent Assets Other and Retained Earnings 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 Indian Card Clothing are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Indian Card's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.28
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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Indian Card's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Card Clothing 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Card Clothing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 2, 2024, Selling General Administrative is expected to decline to about 44.3 M. The current year's Tax Provision is expected to grow to about (4.8 M)
 2021 2022 2023 2024 (projected)
Interest Expense13.3M21.4M18.4M13.0M
Depreciation And Amortization45.2M49.7M40.4M56.3M

Indian Card fundamental ratios Correlations

0.59-0.14-0.320.99-0.3-0.570.640.73-0.290.820.050.880.73-0.560.3-0.270.170.850.79-0.620.260.53-0.05-0.130.86
0.59-0.6-0.20.55-0.37-0.190.330.41-0.430.48-0.310.730.77-0.40.4-0.380.320.520.77-0.290.370.4-0.49-0.170.42
-0.14-0.60.44-0.170.170.24-0.310.020.65-0.220.37-0.25-0.260.25-0.140.230.27-0.21-0.310.060.00.150.52-0.13-0.07
-0.32-0.20.44-0.430.140.4-0.43-0.230.77-0.28-0.08-0.5-0.280.75-0.13-0.290.75-0.28-0.530.60.480.23-0.330.08-0.44
0.990.55-0.17-0.43-0.3-0.60.660.72-0.350.820.090.890.69-0.630.27-0.20.040.850.8-0.670.180.480.01-0.130.86
-0.3-0.370.170.14-0.3-0.01-0.06-0.12-0.05-0.320.3-0.49-0.080.57-0.550.470.05-0.33-0.490.53-0.72-0.6-0.01-0.13-0.3
-0.57-0.190.240.4-0.6-0.01-0.980.050.27-0.85-0.12-0.37-0.240.40.170.090.26-0.83-0.340.40.020.110.2-0.15-0.42
0.640.33-0.31-0.430.66-0.06-0.980.02-0.330.90.040.480.34-0.47-0.05-0.16-0.20.880.45-0.460.04-0.05-0.230.10.52
0.730.410.02-0.230.72-0.120.050.02-0.280.21-0.010.740.64-0.360.4-0.030.210.260.63-0.420.040.430.29-0.260.69
-0.29-0.430.650.77-0.35-0.050.27-0.33-0.28-0.190.1-0.41-0.530.42-0.14-0.190.39-0.19-0.460.330.440.24-0.02-0.04-0.28
0.820.48-0.22-0.280.82-0.32-0.850.90.21-0.190.10.640.49-0.510.06-0.350.041.00.59-0.550.320.4-0.320.050.64
0.05-0.310.37-0.080.090.3-0.120.04-0.010.10.1-0.12-0.130.09-0.570.42-0.220.08-0.16-0.02-0.450.120.05-0.3-0.04
0.880.73-0.25-0.50.89-0.49-0.370.480.74-0.410.64-0.120.75-0.760.54-0.210.040.680.97-0.730.260.460.1-0.20.83
0.730.77-0.26-0.280.69-0.08-0.240.340.64-0.530.49-0.130.75-0.340.29-0.20.390.530.77-0.330.090.39-0.17-0.20.55
-0.56-0.40.250.75-0.630.570.4-0.47-0.360.42-0.510.09-0.76-0.34-0.450.120.44-0.52-0.780.83-0.06-0.2-0.32-0.07-0.67
0.30.4-0.14-0.130.27-0.550.17-0.050.4-0.140.06-0.570.540.29-0.45-0.390.20.110.5-0.340.450.270.33-0.150.56
-0.27-0.380.23-0.29-0.20.470.09-0.16-0.03-0.19-0.350.42-0.21-0.20.12-0.39-0.44-0.36-0.19-0.06-0.71-0.460.4-0.34-0.19
0.170.320.270.750.040.050.26-0.20.210.390.04-0.220.040.390.440.2-0.440.080.020.30.540.49-0.36-0.10.04
0.850.52-0.21-0.280.85-0.33-0.830.880.26-0.191.00.080.680.53-0.520.11-0.360.080.63-0.560.330.42-0.290.010.68
0.790.77-0.31-0.530.8-0.49-0.340.450.63-0.460.59-0.160.970.77-0.780.5-0.190.020.63-0.730.240.410.05-0.180.72
-0.62-0.290.060.6-0.670.530.4-0.46-0.420.33-0.55-0.02-0.73-0.330.83-0.34-0.060.3-0.56-0.73-0.17-0.31-0.33-0.04-0.72
0.260.370.00.480.18-0.720.020.040.040.440.32-0.450.260.09-0.060.45-0.710.540.330.24-0.170.63-0.320.180.17
0.530.40.150.230.48-0.60.11-0.050.430.240.40.120.460.39-0.20.27-0.460.490.420.41-0.310.63-0.21-0.10.41
-0.05-0.490.52-0.330.01-0.010.2-0.230.29-0.02-0.320.050.1-0.17-0.320.330.4-0.36-0.290.05-0.33-0.32-0.21-0.130.25
-0.13-0.17-0.130.08-0.13-0.13-0.150.1-0.26-0.040.05-0.3-0.2-0.2-0.07-0.15-0.34-0.10.01-0.18-0.040.18-0.1-0.13-0.24
0.860.42-0.07-0.440.86-0.3-0.420.520.69-0.280.64-0.040.830.55-0.670.56-0.190.040.680.72-0.720.170.410.25-0.24
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Indian Card Account Relationship Matchups

Indian Card fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B3.0B2.8B2.9B1.7B
Short Long Term Debt Total178.9M218.1M191.9M208.7M249.8M135.8M
Other Current Liab26.2M33.0M35.0M72.8M80.1M96.8M
Total Current Liabilities242.6M160.6M125.0M178.3M193.6M195.2M
Total Stockholder Equity588.6M715.0M2.6B2.4B2.5B1.2B
Property Plant And Equipment Net332.5M409.2M491.1M256.7M287.8M402.9M
Net Debt110.0M18.5M(1.6B)(123.6M)130.1M136.6M
Cash68.8M199.6M1.8B332.3M119.6M185.3M
Non Current Assets Total527.7M536.2M851.8M1.4B2.0B986.9M
Non Currrent Assets Other107.8M13.9M14.7M26.8M86.6M137.0M
Cash And Short Term Investments169.1M291.5M1.9B1.1B513.9M355.5M
Net Receivables116.9M122.3M137.6M163.9M112.8M114.8M
Liabilities And Stockholders Equity1.0B1.1B3.0B2.8B2.9B1.7B
Non Current Liabilities Total117.8M216.7M215.1M250.3M264.7M162.2M
Inventory137.5M118.6M102.6M112.3M95.7M112.3M
Other Current Assets88.5M46.7M42.6M51.0M238.1M250.0M
Total Liab360.3M377.3M340.2M428.6M458.3M430.6M
Total Current Assets474.6M608.1M2.2B1.4B956.8M710.0M
Accumulated Other Comprehensive Income(843.9M)230.1M230.5M251.2M(9.2M)(9.6M)
Short Term Debt101.0M33.8M1.1M(9.4M)6.8M6.5M
Accounts Payable91.1M73.6M77.7M94.2M106.7M89.1M
Short Term Investments100.3M91.9M63.5M806.8M394.3M235.7M
Current Deferred Revenue46.4M45.4M46.0M35.9M16.1M15.3M
Retained Earnings226.4M203.4M2.1B1.9B2.2B2.3B
Other Liab35.4M32.4M24.3M42.6M38.3M69.3M
Net Tangible Assets588.6M715.0M2.6B2.4B2.7B2.9B
Other Assets143.7M113.1M37.0M40.9M47.0M82.8M
Long Term Debt76.4M184.3M190.8M207.7M209.7M220.2M
Short Long Term Debt97.9M32.3M1.1M1.0M1.1M997.5K
Property Plant Equipment332.5M423.1M505.8M256.7M231.1M362.5M
Long Term Debt Total77.3M184.3M190.8M207.7M238.8M250.8M
Non Current Liabilities Other1.4M1.8M4.6M5.7M5.2M4.9M
Cash And Equivalents68.8M199.6M1.8B332.3M382.1M391.8M
Net Invested Capital763.8M931.7M2.8B2.6B2.7B1.8B
Net Working Capital232.0M447.5M2.0B1.3B763.1M848.9M

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Other Information on Investing in Indian Stock

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