Indian Other Assets vs Long Term Debt 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 Other Assets and its Long Term Debt 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.

Other Assets vs Long Term Debt

Other Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Oil Other Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Indian Oil's Other Assets and Long Term Debt is -0.14. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Long Term Debt 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 Other Assets and Long Term Debt 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 Indian Oil are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Other Assets i.e., Indian Oil's Other Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Long Term Debt

Long-term debt is a debt that Indian Oil has held for over one year. Long-term debt appears on Indian Oil balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Indian Oil balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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.