Jindal Investments vs Change To Account Receivables Analysis

JINDRILL   886.85  51.60  6.18%   
Jindal Drilling financial indicator trend analysis is infinitely more than just investigating Jindal Drilling And recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jindal Drilling And is a good investment. Please check the relationship between Jindal Drilling Investments and its Change To Account Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jindal Drilling And. 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.

Investments vs Change To Account Receivables

Investments vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jindal Drilling And Investments account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jindal Drilling's Investments and Change To Account Receivables is -0.05. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Jindal Drilling And, assuming nothing else is changed. The correlation between historical values of Jindal Drilling's Investments and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Jindal Drilling And are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Investments i.e., Jindal Drilling's Investments and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Change To Account Receivables

Most indicators from Jindal Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jindal Drilling And 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 Jindal Drilling And. 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.
Tax Provision is expected to rise to about 453.4 M this year, although the value of Selling General Administrative will most likely fall to about 17.7 M.
 2022 2023 2024 2025 (projected)
Interest Expense79.9M153.2M176.2M185.0M
Depreciation And Amortization628.0M636.3M731.8M768.4M

Jindal Drilling fundamental ratios Correlations

0.640.280.610.950.70.65-0.240.240.970.69-0.40.480.84-0.430.710.430.420.00.730.40.790.71-0.320.370.53
0.640.40.840.460.91.0-0.020.540.620.16-0.440.440.52-0.50.710.680.57-0.290.840.270.480.13-0.430.550.53
0.280.40.730.160.450.42-0.140.330.120.170.050.330.390.030.380.690.85-0.110.60.70.410.14-0.750.780.63
0.610.840.730.430.860.850.070.520.490.31-0.160.620.63-0.20.660.830.74-0.040.90.620.620.13-0.690.830.5
0.950.460.160.430.490.47-0.230.190.940.74-0.340.310.82-0.360.510.240.360.10.520.290.770.82-0.280.170.48
0.70.90.450.860.490.9-0.020.490.670.2-0.340.650.54-0.390.820.660.49-0.290.920.310.490.15-0.430.630.45
0.651.00.420.850.470.9-0.060.490.620.17-0.460.430.54-0.50.720.70.59-0.290.860.290.50.15-0.440.580.54
-0.24-0.02-0.140.07-0.23-0.02-0.060.44-0.280.170.710.16-0.060.66-0.37-0.24-0.160.46-0.180.08-0.01-0.54-0.02-0.24-0.24
0.240.540.330.520.190.490.490.440.20.120.050.260.13-0.060.120.110.47-0.120.340.20.11-0.16-0.390.130.32
0.970.620.120.490.940.670.62-0.280.20.61-0.520.40.74-0.540.710.30.29-0.050.670.170.670.74-0.190.230.49
0.690.160.170.310.740.20.170.170.120.610.150.240.770.140.30.070.280.460.330.510.80.58-0.130.020.39
-0.4-0.440.05-0.16-0.34-0.34-0.460.710.05-0.520.150.1-0.080.99-0.53-0.26-0.170.4-0.390.310.02-0.48-0.09-0.19-0.22
0.480.440.330.620.310.650.430.160.260.40.240.10.360.070.510.420.06-0.020.620.430.37-0.02-0.220.490.14
0.840.520.390.630.820.540.54-0.060.130.740.77-0.080.36-0.090.50.550.520.310.610.640.980.55-0.530.460.42
-0.43-0.50.03-0.2-0.36-0.39-0.50.66-0.06-0.540.140.990.07-0.09-0.54-0.26-0.210.41-0.420.290.01-0.46-0.05-0.2-0.25
0.710.710.380.660.510.820.72-0.370.120.710.3-0.530.510.5-0.540.580.38-0.280.920.210.450.41-0.120.550.57
0.430.680.690.830.240.660.7-0.240.110.30.07-0.260.420.55-0.260.580.68-0.060.760.620.540.08-0.660.930.33
0.420.570.850.740.360.490.59-0.160.470.290.28-0.170.060.52-0.210.380.68-0.140.60.590.540.31-0.750.670.64
0.0-0.29-0.11-0.040.1-0.29-0.290.46-0.12-0.050.460.4-0.020.310.41-0.28-0.06-0.14-0.190.190.290.04-0.16-0.06-0.28
0.730.840.60.90.520.920.86-0.180.340.670.33-0.390.620.61-0.420.920.760.6-0.190.440.580.31-0.420.740.59
0.40.270.70.620.290.310.290.080.20.170.510.310.430.640.290.210.620.590.190.440.680.06-0.610.640.31
0.790.480.410.620.770.490.5-0.010.110.670.80.020.370.980.010.450.540.540.290.580.680.52-0.510.450.41
0.710.130.140.130.820.150.15-0.54-0.160.740.58-0.48-0.020.55-0.460.410.080.310.040.310.060.52-0.080.060.49
-0.32-0.43-0.75-0.69-0.28-0.43-0.44-0.02-0.39-0.19-0.13-0.09-0.22-0.53-0.05-0.12-0.66-0.75-0.16-0.42-0.61-0.51-0.08-0.73-0.28
0.370.550.780.830.170.630.58-0.240.130.230.02-0.190.490.46-0.20.550.930.67-0.060.740.640.450.06-0.730.25
0.530.530.630.50.480.450.54-0.240.320.490.39-0.220.140.42-0.250.570.330.64-0.280.590.310.410.49-0.280.25
Click cells to compare fundamentals

Jindal Drilling Account Relationship Matchups

Jindal Drilling fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets18.2B17.9B19.2B20.9B24.0B13.8B
Short Long Term Debt Total3.3B2.2B2.1B2.9B3.4B3.6B
Other Current Liab261.6M211.5M1.9B2.1B2.5B2.6B
Total Current Liabilities3.9B3.0B3.7B4.2B4.8B5.1B
Total Stockholder Equity11.2B11.9B13.1B13.6B15.7B10.0B
Property Plant And Equipment Net4.9B6.4B5.9B5.4B6.2B6.5B
Net Debt3.3B2.2B2.1B2.9B3.4B3.6B
Accounts Payable573.0M357.9M486.5M440.7M396.7M623.6M
Cash631K397K1M147.9M133.1M139.7M
Non Current Assets Total13.7B13.9B13.9B13.9B16.0B9.8B
Non Currrent Assets Other3.7B2.6B3.1B4.6B5.3B3.3B
Cash And Short Term Investments5.6M262.9M1.6B713.6M642.2M768.1M
Net Receivables2.9B2.1B3.4B1.9B2.2B2.0B
Short Term Investments5M262.5M1.6B565.7M509.1M707.1M
Liabilities And Stockholders Equity18.2B17.9B19.2B20.9B24.0B13.8B
Non Current Liabilities Total3.1B3.0B2.5B3.1B3.5B3.7B
Inventory404.0M403.5M347M384.3M441.9M464.0M
Other Current Assets301.2M1.2B1.1B3.9B4.5B4.8B
Total Liab7.0B5.9B6.2B7.3B8.3B8.8B
Total Current Assets4.5B3.9B5.4B6.9B8.0B4.0B
Accumulated Other Comprehensive Income4.0B4.0B4.3B4.3B4.9B5.2B
Retained Earnings4.2B4.8B5.7B6.2B7.2B6.2B
Intangible Assets4.3M2.9M1M1.1M1.0M979.8K
Current Deferred Revenue1.6B1.7B1.7B1.7B1.9B2.0B
Short Term Debt(111.3M)(955.0M)1.3B1.6B1.9B2.0B
Other Liab1.1B1.3B1.5B1.7B2.0B1.4B
Net Tangible Assets12.8B11.2B11.9B13.1B11.8B11.1B
Other Assets3.8B1K100K706.8M636.1M604.3M
Short Long Term Debt1.5B719.1M1.3B1.6B1.9B1.5B
Property Plant Equipment5.2B4.9B6.4B5.9B6.8B4.2B
Long Term Debt1.8B1.5B799M1.3B1.2B1.1B
Long Term Debt Total2.2B1.8B1.5B799M918.9M982.0M
Net Invested Capital14.5B14.1B15.2B16.6B14.9B13.1B
Net Working Capital576.1M970.9M1.7B2.7B3.1B3.3B
Property Plant And Equipment Gross5.8B7.6B5.9B5.4B4.9B4.9B

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Other Information on Investing in Jindal Stock

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