Indian Non Currrent Assets Other vs Total Stockholder Equity Analysis

IOC Stock   118.65  1.70  1.41%   
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 Total Stockholder Equity 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 Total Stockholder Equity

Non Currrent Assets Other vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have no relationship.
The correlation between Indian Oil's Non Currrent Assets Other and Total Stockholder Equity is 0.04. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Stockholder Equity 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 Total Stockholder Equity 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 Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Indian Oil's Non Currrent Assets Other and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by 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.
The current year's Tax Provision is expected to grow to about 170.6 B, whereas Selling General Administrative is forecasted to decline to about 6.2 B.
 2022 2023 2024 2025 (projected)
Operating Income250.5B600.0B690.0B724.5B
Total Revenue8.4T7.8T8.9T9.4T

Indian Oil fundamental ratios Correlations

0.910.980.980.50.960.05-0.180.62-0.1-0.630.610.970.020.990.870.940.980.750.99-0.060.750.98-0.030.48-0.65
0.910.910.890.530.87-0.080.030.64-0.17-0.580.540.90.10.90.820.920.90.730.89-0.010.730.9-0.110.42-0.55
0.980.910.930.470.960.12-0.120.610.0-0.670.710.980.070.990.790.90.940.80.94-0.040.80.94-0.050.59-0.62
0.980.890.930.430.94-0.08-0.210.5-0.23-0.550.520.94-0.020.930.880.940.960.640.97-0.210.640.980.040.37-0.7
0.50.530.470.430.35-0.12-0.080.750.09-0.340.260.51-0.280.550.540.530.60.650.550.530.650.55-0.370.23-0.04
0.960.870.960.940.350.11-0.260.51-0.11-0.570.650.980.050.940.740.870.890.680.91-0.190.680.910.180.53-0.67
0.05-0.080.12-0.08-0.120.11-0.240.240.14-0.010.040.060.430.13-0.18-0.120.010.280.010.140.27-0.04-0.210.210.05
-0.180.03-0.12-0.21-0.08-0.26-0.24-0.20.13-0.340.15-0.230.41-0.16-0.13-0.14-0.2-0.08-0.230.2-0.07-0.21-0.320.120.18
0.620.640.610.50.750.510.24-0.20.09-0.40.410.60.010.690.630.610.70.870.650.520.870.63-0.310.45-0.04
-0.1-0.170.0-0.230.09-0.110.140.130.09-0.140.49-0.05-0.43-0.01-0.33-0.25-0.140.2-0.150.170.2-0.19-0.260.510.1
-0.63-0.58-0.67-0.55-0.34-0.57-0.01-0.34-0.4-0.14-0.7-0.59-0.32-0.67-0.54-0.48-0.61-0.6-0.56-0.31-0.61-0.560.06-0.640.14
0.610.540.710.520.260.650.040.150.410.49-0.70.67-0.080.650.310.490.520.710.510.010.710.490.080.96-0.21
0.970.90.980.940.510.980.06-0.230.6-0.05-0.590.67-0.030.970.770.90.930.760.94-0.080.760.930.070.55-0.62
0.020.10.07-0.02-0.280.050.430.410.01-0.43-0.32-0.08-0.030.060.08-0.020.010.02-0.020.250.02-0.02-0.02-0.030.06
0.990.90.990.930.550.940.13-0.160.69-0.01-0.670.650.970.060.840.910.970.810.970.050.820.96-0.090.55-0.6
0.870.820.790.880.540.74-0.18-0.130.63-0.33-0.540.310.770.080.840.90.920.620.910.140.620.92-0.160.18-0.5
0.940.920.90.940.530.87-0.12-0.140.61-0.25-0.480.490.9-0.020.910.90.950.70.95-0.090.70.96-0.110.36-0.59
0.980.90.940.960.60.890.01-0.20.7-0.14-0.610.520.930.010.970.920.950.760.990.050.760.99-0.120.41-0.59
0.750.730.80.640.650.680.28-0.080.870.2-0.60.710.760.020.810.620.70.760.730.331.00.71-0.290.75-0.11
0.990.890.940.970.550.910.01-0.230.65-0.15-0.560.510.94-0.020.970.910.950.990.73-0.050.731.0-0.10.38-0.65
-0.06-0.01-0.04-0.210.53-0.190.140.20.520.17-0.310.01-0.080.250.050.14-0.090.050.33-0.050.33-0.06-0.360.090.46
0.750.730.80.640.650.680.27-0.070.870.2-0.610.710.760.020.820.620.70.761.00.730.330.71-0.290.75-0.11
0.980.90.940.980.550.91-0.04-0.210.63-0.19-0.560.490.93-0.020.960.920.960.990.711.0-0.060.71-0.080.36-0.65
-0.03-0.11-0.050.04-0.370.18-0.21-0.32-0.31-0.260.060.080.07-0.02-0.09-0.16-0.11-0.12-0.29-0.1-0.36-0.29-0.080.04-0.07
0.480.420.590.370.230.530.210.120.450.51-0.640.960.55-0.030.550.180.360.410.750.380.090.750.360.040.0
-0.65-0.55-0.62-0.7-0.04-0.670.050.18-0.040.10.14-0.21-0.620.06-0.6-0.5-0.59-0.59-0.11-0.650.46-0.11-0.65-0.070.0
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Indian Oil Account Relationship Matchups

Indian Oil fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.5T4.1T4.4T4.8T5.5T5.8T
Other Current Liab686.9B678.3B683.8B764.9B879.7B923.7B
Total Current Liabilities1.6T1.9T2.1T2.2T2.5T2.6T
Total Stockholder Equity1.1T1.3T1.4T1.8T2.1T2.2T
Retained Earnings880.1B1.0T1.1T390.3B448.9B393.5B
Accounts Payable369.6B490.6B547.3B594.5B683.7B717.9B
Cash7.8B11.8B10.0B12.5B11.2B9.1B
Other Assets157.0B125.4B300K25.5B29.3B57.1B
Long Term Debt609.3B559.4B633.1B467.9B538.1B312.9B
Net Receivables198.7B229.0B227.6B138.3B159.1B153.0B
Short Term Investments101.6B88.4B142.0B121.7B140.0B104.8B
Inventory834.3B1.1T1.2T1.2T1.4T1.5T
Other Current Assets217.8B67.0B91.6B100.9B116.0B168.5B
Total Liab2.4T2.8T3.0T2.9T3.4T3.6T
Intangible Assets67.2B67.4B71.0B75.5B86.9B91.2B
Property Plant Equipment1.7T1.9T2.0T2.2T2.6T2.7T
Short Long Term Debt Total1.2T1.3T1.5T1.3T1.5T842.9B
Property Plant And Equipment Net1.9T2.0T2.2T2.5T2.9T3.0T
Current Deferred Revenue567.7B603.5B555.9B(1.2B)(1.4B)(1.3B)
Net Debt1.2T1.3T1.5T1.3T1.5T830.2B
Non Current Assets Total2.4T2.6T2.8T3.2T3.7T3.9T
Non Currrent Assets Other28.5B36.9B40.7B112.8B101.5B106.6B
Cash And Short Term Investments109.4B100.1B151.9B134.2B154.3B80.7B
Liabilities And Stockholders Equity3.5T4.1T4.4T4.8T5.5T5.8T
Non Current Liabilities Total799.3B833.4B918.9B778.0B894.6B597.1B
Other Stockholder Equity(814.4B)745.1B767.4M998.7B1.1T1.2T
Total Current Assets1.2T1.5T1.6T1.6T1.8T1.1T
Accumulated Other Comprehensive Income1.0T1.2T1.2T307.4B353.5B371.2B
Short Term Debt557.1B697.1B791.9B795.0B914.3B960.0B
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 Debt475.8B676.1B768.0B766.6B881.6B590.3B
Long Term Debt Total560.7B609.3B623.1B697.9B802.6B487.7B
Capital Lease Obligations77.2B84.7B88.6B91.7B105.5B72.7B

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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.