Indo Change To Netincome vs Other Non Cash Items Analysis

INDORAMA   39.87  0.18  0.45%   
Indo Rama financial indicator trend analysis is infinitely more than just investigating Indo Rama Synthetics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indo Rama Synthetics is a good investment. Please check the relationship between Indo Rama Change To Netincome and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indo Rama Synthetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Change To Netincome vs Other Non Cash Items

Change To Netincome vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indo Rama Synthetics Change To Netincome account and Other Non Cash Items. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Indo Rama's Change To Netincome and Other Non Cash Items is 0.81. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Indo Rama Synthetics, assuming nothing else is changed. The correlation between historical values of Indo Rama's Change To Netincome and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Indo Rama Synthetics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Netincome i.e., Indo Rama's Change To Netincome and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Change To Netincome

Other Non Cash Items

Most indicators from Indo Rama's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indo Rama Synthetics 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 Rama Synthetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 30th of December 2024, Selling General Administrative is likely to drop to about 163 M. In addition to that, Discontinued Operations is likely to grow to about (10.1 M)
 2021 2022 2023 2024 (projected)
Interest Expense489.4M585.8M1.3B692.2M
Depreciation And Amortization312.6M313.4M391M371.5M

Indo Rama fundamental ratios Correlations

0.490.150.730.370.630.470.040.550.370.860.260.39-0.440.430.280.490.820.450.150.880.850.350.420.26-0.31
0.490.070.56-0.170.321.0-0.340.280.150.450.020.24-0.30.390.030.440.510.290.30.790.560.930.39-0.09-0.32
0.150.070.10.030.230.060.06-0.090.220.2-0.4-0.07-0.2-0.13-0.140.120.070.18-0.270.150.070.04-0.10.350.08
0.730.560.1-0.220.120.56-0.50.840.060.4-0.030.260.070.70.19-0.090.660.79-0.040.870.860.540.71-0.290.0
0.37-0.170.03-0.220.65-0.20.81-0.160.490.550.520.23-0.48-0.430.140.430.21-0.23-0.03-0.010.09-0.2-0.480.62-0.52
0.630.320.230.120.650.280.63-0.220.590.910.350.16-0.85-0.32-0.020.650.220.0-0.110.410.190.3-0.350.53-0.65
0.471.00.060.56-0.20.28-0.370.290.080.420.010.21-0.280.410.020.420.510.260.320.780.550.930.41-0.09-0.32
0.04-0.340.06-0.50.810.63-0.37-0.580.380.420.230.05-0.55-0.810.010.3-0.29-0.42-0.15-0.35-0.39-0.29-0.830.56-0.45
0.550.28-0.090.84-0.16-0.220.29-0.580.00.070.070.360.40.780.35-0.260.70.730.050.640.860.220.78-0.40.2
0.370.150.220.060.490.590.080.380.00.450.250.4-0.34-0.250.130.340.090.36-0.30.220.210.06-0.28-0.01-0.11
0.860.450.20.40.550.910.420.420.070.450.240.25-0.78-0.010.110.680.510.130.070.670.480.38-0.030.5-0.57
0.260.02-0.4-0.030.520.350.010.230.070.250.240.05-0.180.12-0.040.240.28-0.110.190.10.220.00.040.22-0.49
0.390.24-0.070.260.230.160.210.050.360.40.250.05-0.190.070.940.220.340.320.110.350.440.040.07-0.120.18
-0.44-0.3-0.20.07-0.48-0.85-0.28-0.550.4-0.34-0.78-0.18-0.190.36-0.09-0.76-0.130.34-0.02-0.29-0.01-0.260.38-0.580.66
0.430.39-0.130.7-0.43-0.320.41-0.810.78-0.25-0.010.120.070.360.11-0.010.720.450.420.630.750.241.0-0.280.24
0.280.03-0.140.190.14-0.020.020.010.350.130.11-0.040.94-0.090.110.10.290.210.170.210.34-0.160.11-0.080.3
0.490.440.12-0.090.430.650.420.3-0.260.340.680.240.22-0.76-0.010.10.45-0.350.50.410.230.21-0.030.6-0.42
0.820.510.070.660.210.220.51-0.290.70.090.510.280.34-0.130.720.290.450.30.480.820.920.30.710.2-0.17
0.450.290.180.79-0.230.00.26-0.420.730.360.13-0.110.320.340.450.21-0.350.3-0.360.540.620.280.45-0.490.37
0.150.3-0.27-0.04-0.03-0.110.32-0.150.05-0.30.070.190.11-0.020.420.170.50.48-0.360.210.220.050.410.22-0.03
0.880.790.150.87-0.010.410.78-0.350.640.220.670.10.35-0.290.630.210.410.820.540.210.90.670.630.0-0.23
0.850.560.070.860.090.190.55-0.390.860.210.480.220.44-0.010.750.340.230.920.620.220.90.410.74-0.06-0.07
0.350.930.040.54-0.20.30.93-0.290.220.060.380.00.04-0.260.24-0.160.210.30.280.050.670.410.25-0.17-0.44
0.420.39-0.10.71-0.48-0.350.41-0.830.78-0.28-0.030.040.070.381.00.11-0.030.710.450.410.630.740.25-0.290.28
0.26-0.090.35-0.290.620.53-0.090.56-0.4-0.010.50.22-0.12-0.58-0.28-0.080.60.2-0.490.220.0-0.06-0.17-0.29-0.39
-0.31-0.320.080.0-0.52-0.65-0.32-0.450.2-0.11-0.57-0.490.180.660.240.3-0.42-0.170.37-0.03-0.23-0.07-0.440.28-0.39
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Indo Rama Account Relationship Matchups

Indo Rama fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.8B17.1B21.1B27.1B29.1B16.6B
Short Long Term Debt Total4.9B4.0B3.5B8.9B13.4B14.1B
Other Current Liab827.7M571M740.6M882.2M970.9M912.3M
Total Current Liabilities9.1B11.0B12.7B15.6B21.1B10.8B
Total Stockholder Equity2.2B3.3B6.0B5.7B3.7B4.2B
Property Plant And Equipment Net7.1B7.0B7.4B11.1B13.3B9.6B
Net Debt4.8B3.9B3.5B8.3B13.2B13.8B
Retained Earnings(5.7B)(4.5B)(1.8B)(2.1B)(3.5B)(3.3B)
Accounts Payable5.5B8.7B10.2B11.1B10.6B6.6B
Cash125.7M24.4M35.1M560.4M236.6M278.1M
Non Current Assets Total8.5B9.5B10.7B14.2B16.3B10.6B
Non Currrent Assets Other420.2M359.5M704.7M508.7M416.9M356.3M
Cash And Short Term Investments222.9M79.1M99.2M3.5B572.2M932.7M
Net Receivables3.3B3.2B4.0B1.6B1.6B2.3B
Short Term Investments97.2M54.7M64.1M3.0B57.1M54.2M
Liabilities And Stockholders Equity14.8B17.1B21.1B27.1B29.1B16.6B
Non Current Liabilities Total3.5B2.8B2.4B5.8B4.3B4.5B
Inventory2.5B4.0B5.4B6.4B5.9B3.7B
Other Current Assets2.8B2.4B2.8B4.2B4.7B2.5B
Other Stockholder Equity2.4B2.3B4.5B5.2B5.2B4.4B
Total Liab12.6B13.8B15.1B21.4B25.4B17.0B
Total Current Assets6.3B7.7B10.4B13.0B12.8B8.1B
Accumulated Other Comprehensive Income(4.0B)761.1M740.1M710.2M117.7M123.6M
Short Term Debt1.7B1.5B1.6B3.1B9.5B10.0B
Current Deferred Revenue1.9B797.1M900M1.3B144.9M137.7M
Other Liab275.3M315.4M370.6M420.4M378.4M496.1M
Net Tangible Assets2.2B3.3B6.0B5.7B5.2B3.7B
Other Assets1.4B2.5B3.3B2.6B3.0B1.8B
Long Term Debt3.1B2.3B1.7B5.6B3.7B2.6B
Short Long Term Debt1.6B711.8M1.5B3.1B9.5B10.0B
Property Plant Equipment7.1B7.0B7.4B11.1B10.0B7.3B
Long Term Debt Total3.2B2.5B2.0B5.8B6.7B7.0B
Net Invested Capital6.9B6.4B9.2B14.4B16.8B11.0B
Net Working Capital(2.8B)(3.4B)(2.3B)(2.6B)(8.3B)(7.9B)

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Other Information on Investing in Indo Stock

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