Indo Other Assets vs Net Receivables Analysis

INDOBORAX   175.59  0.33  0.19%   
Indo Borax financial indicator trend analysis is infinitely more than just investigating Indo Borax Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indo Borax Chemicals is a good investment. Please check the relationship between Indo Borax Other Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Borax Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Other Assets vs Net Receivables

Other Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indo Borax Chemicals Other Assets account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Indo Borax's Other Assets and Net Receivables is 0.48. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Indo Borax Chemicals, assuming nothing else is changed. The correlation between historical values of Indo Borax's Other Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Indo Borax Chemicals are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., Indo Borax's Other Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Other Assets

Net Receivables

Most indicators from Indo Borax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indo Borax Chemicals 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 Indo Borax Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of 01/08/2025, Selling General Administrative is likely to drop to about 24.2 M. In addition to that, Tax Provision is likely to drop to about 138.2 M
 2022 2023 2024 2025 (projected)
Total Revenue2.3B1.9B2.2B2.3B
Depreciation And Amortization15.6M22.8M26.3M27.6M

Indo Borax fundamental ratios Correlations

-0.550.670.731.00.48-0.930.380.940.950.550.950.52-0.82-0.350.40.72-0.250.620.99-0.820.620.70.221.0-0.54
-0.55-0.41-0.27-0.57-0.660.48-0.03-0.43-0.64-0.24-0.48-0.610.550.950.01-0.410.080.1-0.480.54-0.12-0.53-0.33-0.580.41
0.67-0.410.920.660.28-0.60.230.550.70.180.530.57-0.3-0.330.520.27-0.240.780.63-0.290.570.330.520.660.02
0.73-0.270.920.720.3-0.640.490.60.740.350.590.54-0.35-0.170.580.4-0.280.920.69-0.340.740.360.320.7-0.17
1.0-0.570.660.720.5-0.930.370.940.950.550.950.52-0.83-0.370.390.72-0.250.60.99-0.820.610.70.221.0-0.55
0.48-0.660.280.30.5-0.390.320.350.60.280.410.54-0.61-0.520.00.380.160.10.41-0.60.490.490.160.47-0.74
-0.930.48-0.6-0.64-0.93-0.39-0.18-0.98-0.79-0.44-0.95-0.340.680.28-0.31-0.730.23-0.55-0.960.68-0.46-0.58-0.23-0.940.5
0.38-0.030.230.490.370.32-0.180.180.520.380.170.15-0.340.010.560.110.030.490.29-0.340.70.08-0.180.33-0.4
0.94-0.430.550.60.940.35-0.980.180.790.510.980.31-0.76-0.230.270.77-0.220.540.97-0.760.420.630.210.95-0.52
0.95-0.640.70.740.950.6-0.790.520.790.560.830.59-0.81-0.480.420.6-0.170.570.88-0.80.70.670.270.93-0.55
0.55-0.240.180.350.550.28-0.440.380.510.560.610.24-0.58-0.18-0.210.690.010.310.52-0.570.290.720.090.56-0.6
0.95-0.480.530.590.950.41-0.950.170.980.830.610.4-0.8-0.280.160.81-0.280.510.97-0.80.450.770.180.96-0.57
0.52-0.610.570.540.520.54-0.340.150.310.590.240.4-0.44-0.520.190.45-0.340.330.47-0.430.480.570.230.51-0.32
-0.820.55-0.3-0.35-0.83-0.610.68-0.34-0.76-0.81-0.58-0.8-0.440.39-0.12-0.680.08-0.24-0.791.0-0.4-0.7-0.1-0.820.69
-0.350.95-0.33-0.17-0.37-0.520.280.01-0.23-0.48-0.18-0.28-0.520.390.08-0.250.010.22-0.280.380.06-0.38-0.39-0.40.23
0.40.010.520.580.390.0-0.310.560.270.42-0.210.160.19-0.120.08-0.07-0.080.60.38-0.120.58-0.250.030.370.07
0.72-0.410.270.40.720.38-0.730.110.770.60.690.810.45-0.68-0.25-0.07-0.230.340.75-0.680.240.680.110.73-0.7
-0.250.08-0.24-0.28-0.250.160.230.03-0.22-0.170.01-0.28-0.340.080.01-0.08-0.23-0.28-0.290.08-0.16-0.380.3-0.25-0.18
0.620.10.780.920.60.1-0.550.490.540.570.310.510.33-0.240.220.60.34-0.280.61-0.240.750.240.170.57-0.1
0.99-0.480.630.690.990.41-0.960.290.970.880.520.970.47-0.79-0.280.380.75-0.290.61-0.790.560.680.180.99-0.52
-0.820.54-0.29-0.34-0.82-0.60.68-0.34-0.76-0.8-0.57-0.8-0.431.00.38-0.12-0.680.08-0.24-0.79-0.39-0.7-0.09-0.810.69
0.62-0.120.570.740.610.49-0.460.70.420.70.290.450.48-0.40.060.580.24-0.160.750.56-0.390.35-0.010.55-0.41
0.7-0.530.330.360.70.49-0.580.080.630.670.720.770.57-0.7-0.38-0.250.68-0.380.240.68-0.70.350.040.7-0.55
0.22-0.330.520.320.220.16-0.23-0.180.210.270.090.180.23-0.1-0.390.030.110.30.170.18-0.09-0.010.040.240.18
1.0-0.580.660.71.00.47-0.940.330.950.930.560.960.51-0.82-0.40.370.73-0.250.570.99-0.810.550.70.24-0.53
-0.540.410.02-0.17-0.55-0.740.5-0.4-0.52-0.55-0.6-0.57-0.320.690.230.07-0.7-0.18-0.1-0.520.69-0.41-0.550.18-0.53
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Indo Borax Account Relationship Matchups

Indo Borax fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B2.2B2.8B3.1B3.6B3.8B
Other Current Liab103.2M80.3M141.9M95.6M109.9M66.9M
Total Current Liabilities156.5M128.1M176.0M152.5M175.3M109.3M
Total Stockholder Equity1.7B2.1B2.6B2.9B3.4B3.5B
Property Plant And Equipment Net151.5M142.5M175.8M198.7M228.5M136.9M
Net Debt(19.2M)(358.3M)(852.1M)(1.2B)(1.1B)(1.0B)
Accounts Payable53.3M47.7M34.1M36.4M41.8M35.3M
Cash20.3M358.6M852.5M1.2B1.4B1.4B
Non Current Assets Total1.1B1.0B1.1B1.1B1.3B1.3B
Non Currrent Assets Other940.1M(145.7M)(210.3M)861.5M990.7M1.0B
Cash And Short Term Investments321.3M390.5M913.5M1.6B1.8B1.9B
Net Receivables162.3M153.7M128.6M137.3M157.9M122.7M
Liabilities And Stockholders Equity1.9B2.2B2.8B3.1B3.6B3.8B
Non Current Liabilities Total14.7M16.9M26.5M26.1M23.5M24.4M
Inventory297.8M650.4M578.8M223.8M257.4M252.7M
Other Current Assets24.2M19.5M62.4M200.9M231.1M242.6M
Total Liab171.2M144.9M202.5M178.5M205.3M142.9M
Total Current Assets805.5M1.2B1.7B2.0B2.3B2.4B
Short Term Investments301.0M31.9M61.0M390.6M449.2M471.6M
Current Deferred Revenue5.8M8.6M7.7M8.1M9.3M6.4M
Retained Earnings1.5B1.8B2.3B2.7B3.1B3.2B
Accumulated Other Comprehensive Income133.6M151.1M186.1M221.1M254.3M133.6M
Short Term Debt5.8M8.6M7.7M(8.1M)(7.3M)(6.9M)
Net Invested Capital1.7B2.1B2.6B2.9B3.4B2.3B
Property Plant And Equipment Gross309.9M311.3M175.8M198.7M178.8M208.5M
Net Working Capital649.1M1.1B1.5B1.9B2.1B1.3B

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