Indo Discontinued Operations vs Selling General Administrative 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 Discontinued Operations and its Selling General Administrative 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.
Discontinued Operations vs Selling General Administrative
Discontinued Operations vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indo Rama Synthetics Discontinued Operations account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Indo Rama's Discontinued Operations and Selling General Administrative is 0.23. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Selling General Administrative 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 Discontinued Operations and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Indo Rama Synthetics are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Discontinued Operations i.e., Indo Rama's Discontinued Operations and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Discontinued Operations
Selling General Administrative
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 Expense | 489.4M | 585.8M | 1.3B | 692.2M | Depreciation And Amortization | 312.6M | 313.4M | 391M | 371.5M |
Indo Rama fundamental ratios Correlations
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Indo Rama Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indo Rama fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.8B | 17.1B | 21.1B | 27.1B | 29.1B | 16.6B | |
Short Long Term Debt Total | 4.9B | 4.0B | 3.5B | 8.9B | 13.4B | 14.1B | |
Other Current Liab | 827.7M | 571M | 740.6M | 882.2M | 970.9M | 912.3M | |
Total Current Liabilities | 9.1B | 11.0B | 12.7B | 15.6B | 21.1B | 10.8B | |
Total Stockholder Equity | 2.2B | 3.3B | 6.0B | 5.7B | 3.7B | 4.2B | |
Property Plant And Equipment Net | 7.1B | 7.0B | 7.4B | 11.1B | 13.3B | 9.6B | |
Net Debt | 4.8B | 3.9B | 3.5B | 8.3B | 13.2B | 13.8B | |
Retained Earnings | (5.7B) | (4.5B) | (1.8B) | (2.1B) | (3.5B) | (3.3B) | |
Accounts Payable | 5.5B | 8.7B | 10.2B | 11.1B | 10.6B | 6.6B | |
Cash | 125.7M | 24.4M | 35.1M | 560.4M | 236.6M | 278.1M | |
Non Current Assets Total | 8.5B | 9.5B | 10.7B | 14.2B | 16.3B | 10.6B | |
Non Currrent Assets Other | 420.2M | 359.5M | 704.7M | 508.7M | 416.9M | 356.3M | |
Cash And Short Term Investments | 222.9M | 79.1M | 99.2M | 3.5B | 572.2M | 932.7M | |
Net Receivables | 3.3B | 3.2B | 4.0B | 1.6B | 1.6B | 2.3B | |
Short Term Investments | 97.2M | 54.7M | 64.1M | 3.0B | 57.1M | 54.2M | |
Liabilities And Stockholders Equity | 14.8B | 17.1B | 21.1B | 27.1B | 29.1B | 16.6B | |
Non Current Liabilities Total | 3.5B | 2.8B | 2.4B | 5.8B | 4.3B | 4.5B | |
Inventory | 2.5B | 4.0B | 5.4B | 6.4B | 5.9B | 3.7B | |
Other Current Assets | 2.8B | 2.4B | 2.8B | 4.2B | 4.7B | 2.5B | |
Other Stockholder Equity | 2.4B | 2.3B | 4.5B | 5.2B | 5.2B | 4.4B | |
Total Liab | 12.6B | 13.8B | 15.1B | 21.4B | 25.4B | 17.0B | |
Total Current Assets | 6.3B | 7.7B | 10.4B | 13.0B | 12.8B | 8.1B | |
Accumulated Other Comprehensive Income | (4.0B) | 761.1M | 740.1M | 710.2M | 117.7M | 123.6M | |
Short Term Debt | 1.7B | 1.5B | 1.6B | 3.1B | 9.5B | 10.0B | |
Current Deferred Revenue | 1.9B | 797.1M | 900M | 1.3B | 144.9M | 137.7M | |
Other Liab | 275.3M | 315.4M | 370.6M | 420.4M | 378.4M | 496.1M | |
Net Tangible Assets | 2.2B | 3.3B | 6.0B | 5.7B | 5.2B | 3.7B | |
Other Assets | 1.4B | 2.5B | 3.3B | 2.6B | 3.0B | 1.8B | |
Long Term Debt | 3.1B | 2.3B | 1.7B | 5.6B | 3.7B | 2.6B | |
Short Long Term Debt | 1.6B | 711.8M | 1.5B | 3.1B | 9.5B | 10.0B | |
Property Plant Equipment | 7.1B | 7.0B | 7.4B | 11.1B | 10.0B | 7.3B | |
Long Term Debt Total | 3.2B | 2.5B | 2.0B | 5.8B | 6.7B | 7.0B | |
Net Invested Capital | 6.9B | 6.4B | 9.2B | 14.4B | 16.8B | 11.0B | |
Net Working Capital | (2.8B) | (3.4B) | (2.3B) | (2.6B) | (8.3B) | (7.9B) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.