Indian Non Currrent Assets Other vs Common Stock Shares Outstanding Analysis

IOC Stock   138.63  0.39  0.28%   
Indian Oil financial indicator trend analysis is infinitely more than just investigating Indian Oil recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Oil is a good investment. Please check the relationship between Indian Oil Non Currrent Assets Other and its Common Stock Shares Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Currrent Assets Other vs Common Stock Shares Outstanding

Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Oil Non Currrent Assets Other account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Indian Oil's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.08. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Indian Oil, assuming nothing else is changed. The correlation between historical values of Indian Oil's Non Currrent Assets Other and Common Stock Shares Outstanding 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 Oil are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Indian Oil's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.08
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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Indian Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Oil 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 Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 1, 2024, Selling General Administrative is expected to decline to about 6.9 B. In addition to that, Tax Provision is expected to decline to about 77.5 B
 2021 2022 2023 2024 (projected)
Operating Income370.4B250.5B600.0B630.0B
Total Revenue5.9T8.4T7.8T3.9T

Indian Oil fundamental ratios Correlations

0.610.970.740.630.920.1-0.020.77-0.21-0.70.590.960.520.980.730.720.790.90.790.430.90.79-0.120.61-0.11
0.610.540.810.520.61-0.18-0.310.52-0.44-0.340.40.650.710.560.630.820.80.520.8-0.090.520.810.230.26-0.56
0.970.540.650.550.930.180.060.74-0.06-0.730.710.960.480.980.60.640.70.930.70.440.940.69-0.130.75-0.04
0.740.810.650.50.69-0.1-0.10.49-0.34-0.610.460.710.450.680.850.950.970.610.96-0.010.610.980.020.3-0.7
0.630.520.550.50.43-0.12-0.070.77-0.58-0.340.260.620.570.650.580.530.610.680.630.580.690.63-0.370.22-0.03
0.920.610.930.690.430.18-0.140.630.02-0.640.660.970.450.90.540.630.690.810.690.250.810.680.170.69-0.16
0.1-0.180.18-0.1-0.120.18-0.230.240.4-0.010.030.11-0.050.2-0.2-0.130.010.290.010.160.28-0.05-0.210.210.02
-0.02-0.310.06-0.1-0.07-0.14-0.23-0.140.18-0.380.25-0.09-0.120.0-0.04-0.07-0.140.02-0.140.130.03-0.11-0.320.220.21
0.770.520.740.490.770.630.24-0.14-0.32-0.390.350.730.70.830.630.560.660.870.680.670.870.65-0.340.39-0.01
-0.21-0.44-0.06-0.34-0.580.020.40.18-0.32-0.250.28-0.14-0.34-0.13-0.45-0.49-0.38-0.15-0.390.05-0.16-0.420.390.350.23
-0.7-0.34-0.73-0.61-0.34-0.64-0.01-0.38-0.39-0.25-0.71-0.64-0.23-0.72-0.56-0.47-0.61-0.62-0.6-0.36-0.62-0.60.06-0.650.15
0.590.40.710.460.260.660.030.250.350.28-0.710.670.340.630.220.420.460.670.450.130.670.430.070.95-0.18
0.960.650.960.710.620.970.11-0.090.73-0.14-0.640.670.530.950.590.680.730.90.730.360.90.730.020.69-0.12
0.520.710.480.450.570.45-0.05-0.120.7-0.34-0.230.340.530.530.440.480.540.540.540.270.540.530.10.31-0.18
0.980.560.980.680.650.90.20.00.83-0.13-0.720.630.950.530.680.660.750.950.760.530.950.75-0.180.67-0.06
0.730.630.60.850.580.54-0.2-0.040.63-0.45-0.560.220.590.440.680.860.890.590.90.340.60.91-0.20.09-0.43
0.720.820.640.950.530.63-0.13-0.070.56-0.49-0.470.420.680.480.660.860.950.650.940.010.650.96-0.120.26-0.65
0.790.80.70.970.610.690.01-0.140.66-0.38-0.610.460.730.540.750.890.950.721.00.150.721.0-0.140.32-0.65
0.90.520.930.610.680.810.290.020.87-0.15-0.620.670.90.540.950.590.650.720.730.541.00.71-0.340.71-0.09
0.790.80.70.960.630.690.01-0.140.68-0.39-0.60.450.730.540.760.90.941.00.730.180.731.0-0.150.32-0.62
0.43-0.090.44-0.010.580.250.160.130.670.05-0.360.130.360.270.530.340.010.150.540.180.540.16-0.370.230.52
0.90.520.940.610.690.810.280.030.87-0.16-0.620.670.90.540.950.60.650.721.00.730.540.71-0.340.71-0.09
0.790.810.690.980.630.68-0.05-0.110.65-0.42-0.60.430.730.530.750.910.961.00.711.00.160.71-0.130.29-0.62
-0.120.23-0.130.02-0.370.17-0.21-0.32-0.340.390.060.070.020.1-0.18-0.2-0.12-0.14-0.34-0.15-0.37-0.34-0.130.02-0.08
0.610.260.750.30.220.690.210.220.390.35-0.650.950.690.310.670.090.260.320.710.320.230.710.290.020.04
-0.11-0.56-0.04-0.7-0.03-0.160.020.21-0.010.230.15-0.18-0.12-0.18-0.06-0.43-0.65-0.65-0.09-0.620.52-0.09-0.62-0.080.04
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Indian Oil Account Relationship Matchups

Indian Oil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3T3.5T4.1T4.4T4.8T2.5T
Other Current Liab73.8B686.9B678.3B683.8B764.9B803.2B
Total Current Liabilities1.6T1.6T1.9T2.1T2.2T1.1T
Total Stockholder Equity954.0B1.1T1.3T1.4T1.8T1.9T
Retained Earnings760.4B880.1B1.0T1.1T390.3B393.5B
Accounts Payable276.0B369.6B490.6B547.3B594.5B319.1B
Cash14.3B7.8B11.8B10.0B12.5B9.1B
Other Assets157.0B125.4B300K25.5B29.3B57.1B
Long Term Debt497.3B609.3B559.4B633.1B467.9B312.9B
Net Receivables132.9B198.7B229.0B227.6B138.3B249.0B
Short Term Investments91.0B101.6B88.4B142.0B121.7B104.8B
Inventory670.1B834.3B1.1T1.2T1.2T622.0B
Other Current Assets148.3M217.8B67.0B91.6B100.9B53.1B
Total Liab2.3T2.4T2.8T3.0T2.9T1.7T
Intangible Assets61.6B67.2B67.4B71.0B75.5B79.3B
Property Plant Equipment1.7T1.9T2.0T2.2T2.6T2.7T
Short Long Term Debt Total1.3T1.2T1.3T1.5T1.3T842.9B
Property Plant And Equipment Net1.7T1.9T2.0T2.2T2.5T2.6T
Current Deferred Revenue528.1B567.7B603.5B555.9B(1.2B)(1.2B)
Net Debt1.3T1.2T1.3T1.5T1.3T830.2B
Non Current Assets Total2.2T2.4T2.6T2.8T3.2T3.4T
Non Currrent Assets Other(2.0T)28.5B36.9B40.7B112.8B118.5B
Cash And Short Term Investments105.3B109.4B100.1B151.9B134.2B80.7B
Liabilities And Stockholders Equity3.3T3.5T4.1T4.4T4.8T2.7T
Non Current Liabilities Total719.4B799.3B833.4B918.9B778.0B597.1B
Total Current Assets1.1T1.2T1.5T1.6T1.6T1.1T
Accumulated Other Comprehensive Income(371.9B)1.0T1.2T1.2T307.4B322.8B
Short Term Debt737.2B557.1B697.1B791.9B795.0B431.6B
Other Liab158.7B189.9B210.4B221.0B254.1B167.1B
Net Tangible Assets892.4B1.1T1.3T1.3T1.5T1.1T
Deferred Long Term Liab7.4B10.6B9.5B10.1B11.7B7.3B
Short Long Term Debt723.2B475.8B676.1B768.0B766.6B590.3B
Long Term Debt Total560.7B609.3B623.1B697.9B802.6B487.7B
Capital Lease Obligations77.4B77.2B84.7B88.6B91.7B72.7B

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Other Information on Investing in Indian Stock

Balance Sheet is a snapshot of the financial position of Indian Oil at a specified time, usually calculated after every quarter, six months, or one year. Indian Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indian Oil 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.