Jyoti Other Current Assets vs Non Current Assets Total Analysis

JYOTICNC   1,162  45.70  3.78%   
Jyoti CNC financial indicator trend analysis is infinitely more than just investigating Jyoti CNC Automation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jyoti CNC Automation is a good investment. Please check the relationship between Jyoti CNC Other Current Assets and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jyoti CNC Automation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Other Current Assets vs Non Current Assets Total

Other Current Assets vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jyoti CNC Automation Other Current Assets account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jyoti CNC's Other Current Assets and Non Current Assets Total is -0.24. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Jyoti CNC Automation, assuming nothing else is changed. The correlation between historical values of Jyoti CNC's Other Current Assets and Non Current Assets Total 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 Current Assets of Jyoti CNC Automation are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Jyoti CNC's Other Current Assets and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Jyoti CNC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jyoti CNC Automation 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 Jyoti CNC Automation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of the 15th of January 2025, Selling General Administrative is likely to drop to about 609.1 M
 2022 2023 2024 2025 (projected)
Interest Expense897.0M897.2M1.0B854.2M
Depreciation And Amortization336.2M327.5M294.8M283.6M

Jyoti CNC fundamental ratios Correlations

-0.86-0.31-0.660.87-0.33-0.33-0.860.630.830.88-0.250.71-0.50.880.980.590.67-0.970.950.970.88-0.761.0-0.77-0.63
-0.86-0.120.93-0.85-0.060.70.91-0.9-0.46-0.82-0.11-0.290.44-0.84-0.78-0.17-0.260.81-0.69-0.86-0.810.97-0.820.930.27
-0.31-0.12-0.35-0.230.72-0.330.110.17-0.75-0.290.68-0.680.3-0.26-0.37-0.57-0.520.36-0.58-0.17-0.31-0.24-0.36-0.050.69
-0.660.93-0.35-0.76-0.190.870.83-0.92-0.18-0.7-0.2-0.030.45-0.73-0.540.080.020.6-0.45-0.7-0.690.99-0.60.910.08
0.87-0.85-0.23-0.76-0.41-0.54-0.990.810.71.0-0.380.58-0.81.00.840.490.48-0.920.820.840.99-0.840.85-0.94-0.67
-0.33-0.060.72-0.19-0.41-0.310.270.16-0.69-0.480.99-0.830.61-0.45-0.44-0.82-0.720.48-0.53-0.33-0.49-0.08-0.390.120.93
-0.330.7-0.330.87-0.54-0.310.62-0.850.09-0.46-0.270.280.37-0.51-0.170.440.410.27-0.17-0.36-0.460.82-0.270.76-0.15
-0.860.910.110.83-0.990.270.62-0.88-0.61-0.970.24-0.490.73-0.98-0.81-0.39-0.40.9-0.77-0.84-0.970.9-0.830.980.56
0.63-0.90.17-0.920.810.16-0.85-0.880.260.750.150.03-0.570.790.52-0.09-0.07-0.610.480.590.75-0.920.57-0.95-0.14
0.83-0.46-0.75-0.180.7-0.690.09-0.610.260.75-0.610.92-0.530.720.880.820.83-0.860.950.730.76-0.320.86-0.45-0.87
0.88-0.82-0.29-0.71.0-0.48-0.46-0.970.750.75-0.450.66-0.791.00.870.570.56-0.940.850.861.0-0.790.88-0.91-0.74
-0.25-0.110.68-0.2-0.380.99-0.270.240.15-0.61-0.45-0.750.66-0.42-0.35-0.75-0.620.4-0.45-0.24-0.46-0.1-0.310.110.89
0.71-0.29-0.68-0.030.58-0.830.28-0.490.030.920.66-0.75-0.450.620.810.960.96-0.790.830.690.67-0.180.77-0.3-0.93
-0.50.440.30.45-0.80.610.370.73-0.57-0.53-0.790.66-0.45-0.8-0.49-0.42-0.30.61-0.55-0.44-0.80.51-0.480.710.71
0.88-0.84-0.26-0.731.0-0.45-0.51-0.980.790.721.0-0.420.62-0.80.860.520.51-0.930.840.851.0-0.820.86-0.93-0.71
0.98-0.78-0.37-0.540.84-0.44-0.17-0.810.520.880.87-0.350.81-0.490.860.720.79-0.980.960.950.87-0.660.99-0.7-0.72
0.59-0.17-0.570.080.49-0.820.44-0.39-0.090.820.57-0.750.96-0.420.520.720.98-0.70.70.580.57-0.060.65-0.19-0.9
0.67-0.26-0.520.020.48-0.720.41-0.4-0.070.830.56-0.620.96-0.30.510.790.98-0.740.740.670.56-0.120.72-0.2-0.84
-0.970.810.360.6-0.920.480.270.9-0.61-0.86-0.940.4-0.790.61-0.93-0.98-0.7-0.74-0.94-0.94-0.940.71-0.970.790.76
0.95-0.69-0.58-0.450.82-0.53-0.17-0.770.480.950.85-0.450.83-0.550.840.960.70.74-0.940.880.86-0.570.97-0.64-0.78
0.97-0.86-0.17-0.70.84-0.33-0.36-0.840.590.730.86-0.240.69-0.440.850.950.580.67-0.940.880.85-0.790.97-0.76-0.6
0.88-0.81-0.31-0.690.99-0.49-0.46-0.970.750.761.0-0.460.67-0.81.00.870.570.56-0.940.860.85-0.780.88-0.9-0.75
-0.760.97-0.240.99-0.84-0.080.820.9-0.92-0.32-0.79-0.1-0.180.51-0.82-0.66-0.06-0.120.71-0.57-0.79-0.78-0.710.950.21
1.0-0.82-0.36-0.60.85-0.39-0.27-0.830.570.860.88-0.310.77-0.480.860.990.650.72-0.970.970.970.88-0.71-0.73-0.68
-0.770.93-0.050.91-0.940.120.760.98-0.95-0.45-0.910.11-0.30.71-0.93-0.7-0.19-0.20.79-0.64-0.76-0.90.95-0.730.4
-0.630.270.690.08-0.670.93-0.150.56-0.14-0.87-0.740.89-0.930.71-0.71-0.72-0.9-0.840.76-0.78-0.6-0.750.21-0.680.4
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Jyoti CNC Account Relationship Matchups

Jyoti CNC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.9B12.9B15.2B21.8B25.1B16.9B
Short Long Term Debt Total7.3B7.9B8.3B3.0B2.7B5.3B
Other Current Liab1.0B896.5M(82.4M)835.7M752.1M590.1M
Total Current Liabilities11.1B10.7B12.7B7.1B6.4B8.2B
Total Stockholder Equity1.1B411.5M820.6M13.6B15.7B16.5B
Property Plant And Equipment Net3.5B2.8B2.8B3.6B3.2B2.6B
Current Deferred Revenue1.6B1.1B1.5B286.5M257.8M244.9M
Net Debt7.2B7.9B8.2B14.5M13.0M12.4M
Retained Earnings(1.1B)(1.6B)(1.4B)113.4M130.4M136.9M
Accounts Payable3.1B3.0B4.1B3.7B4.3B3.7B
Cash101.2M24.4M160.9M3.0B3.5B3.7B
Non Current Assets Total4.0B3.3B3.4B4.2B3.7B3.0B
Non Currrent Assets Other236.7M313.2M364.9M318.3M366.1M294.8M
Cash And Short Term Investments101.2M24.4M160.9M3.0B3.5B3.7B
Net Receivables2.6B2.2B2.8B4.1B4.7B3.0B
Liabilities And Stockholders Equity13.9B12.9B15.2B21.8B25.1B16.9B
Non Current Liabilities Total1.6B1.7B1.6B997.9M898.1M1.2B
Inventory6.4B6.3B8.2B8.7B10.0B7.9B
Other Current Assets696.1M962.8M665.2M1.8B2.1B1.1B
Other Stockholder Equity984.8M984.8M1.9B12.7B14.6B15.3B
Total Liab12.8B12.5B14.3B8.1B7.3B9.4B
Total Current Assets9.9B9.6B11.8B17.6B20.3B12.7B
Short Term Debt6.1B6.5B7.1B2.2B2.0B1.9B
Intangible Assets246.1M224.9M212.6M235.0M211.5M190.6M

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Other Information on Investing in Jyoti Stock

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