Mangalore Other Current Assets vs Other Liab Analysis

MANGCHEFER   165.84  11.12  7.19%   
Mangalore Chemicals financial indicator trend analysis is infinitely more than just investigating Mangalore Chemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mangalore Chemicals is a good investment. Please check the relationship between Mangalore Chemicals Other Current Assets and its Other Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangalore Chemicals Fertilizers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Other Current Assets vs Other Liab

Other Current Assets vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mangalore Chemicals Other Current Assets account and Other Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mangalore Chemicals' Other Current Assets and Other Liab is 0.41. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Mangalore Chemicals Fertilizers, assuming nothing else is changed. The correlation between historical values of Mangalore Chemicals' Other Current Assets and Other Liab 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 Mangalore Chemicals Fertilizers are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Other Current Assets i.e., Mangalore Chemicals' Other Current Assets and Other Liab go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Other Liab

Most indicators from Mangalore Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mangalore Chemicals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangalore Chemicals Fertilizers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
The current year's Tax Provision is expected to grow to about 901.5 M, whereas Selling General Administrative is forecasted to decline to about 57.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit10.8B12.7B14.2B7.8B
Total Revenue28.9B36.4B38.0B29.9B

Mangalore Chemicals fundamental ratios Correlations

0.8-0.090.890.390.530.70.20.610.120.480.030.260.530.21-0.290.950.920.00.850.29-0.360.20.090.14-0.43
0.8-0.630.770.190.430.940.070.420.110.360.080.090.510.31-0.060.80.77-0.090.750.38-0.440.170.120.01-0.53
-0.09-0.63-0.1-0.04-0.17-0.650.08-0.11-0.010.210.070.09-0.11-0.37-0.08-0.09-0.06-0.07-0.06-0.210.20.03-0.02-0.010.34
0.890.77-0.1-0.060.180.75-0.030.220.070.570.2-0.150.610.170.030.980.98-0.280.950.6-0.440.130.03-0.3-0.48
0.390.19-0.04-0.060.83-0.020.580.930.23-0.17-0.330.77-0.120.1-0.690.080.010.57-0.1-0.570.090.20.230.92-0.04
0.530.43-0.170.180.830.180.670.890.50.0-0.250.630.1-0.12-0.550.290.210.480.1-0.36-0.390.310.430.77-0.46
0.70.94-0.650.75-0.020.18-0.260.23-0.10.370.110.00.460.450.080.760.74-0.150.760.5-0.3-0.05-0.14-0.22-0.37
0.20.070.08-0.030.580.67-0.260.50.59-0.06-0.320.270.08-0.43-0.530.02-0.010.33-0.12-0.47-0.370.620.670.66-0.44
0.610.42-0.110.220.930.890.230.50.29-0.05-0.20.7-0.010.24-0.550.350.250.410.17-0.38-0.020.080.290.75-0.16
0.120.11-0.010.070.230.5-0.10.590.290.12-0.02-0.120.03-0.5-0.020.050.00.08-0.03-0.2-0.340.190.820.22-0.43
0.480.360.210.57-0.170.00.37-0.06-0.050.120.09-0.030.26-0.25-0.140.570.61-0.140.650.21-0.290.28-0.06-0.2-0.28
0.030.080.070.2-0.33-0.250.11-0.32-0.2-0.020.09-0.320.110.070.760.140.14-0.850.150.560.12-0.10.25-0.390.21
0.260.090.09-0.150.770.630.00.270.7-0.12-0.03-0.32-0.080.11-0.620.02-0.030.48-0.07-0.580.170.06-0.080.790.18
0.530.51-0.110.61-0.120.10.460.08-0.010.030.260.11-0.08-0.21-0.040.610.65-0.210.510.52-0.440.20.1-0.15-0.4
0.210.31-0.370.170.1-0.120.45-0.430.24-0.5-0.250.070.11-0.210.170.20.14-0.10.270.090.49-0.59-0.33-0.150.41
-0.29-0.06-0.080.03-0.69-0.550.08-0.53-0.55-0.02-0.140.76-0.62-0.040.17-0.08-0.08-0.80.040.520.14-0.390.15-0.730.25
0.950.8-0.090.980.080.290.760.020.350.050.570.140.020.610.2-0.080.99-0.20.950.5-0.420.140.02-0.17-0.46
0.920.77-0.060.980.010.210.74-0.010.250.00.610.14-0.030.650.14-0.080.99-0.210.950.54-0.430.2-0.04-0.21-0.45
0.0-0.09-0.07-0.280.570.48-0.150.330.410.08-0.14-0.850.48-0.21-0.1-0.8-0.2-0.21-0.27-0.57-0.130.13-0.250.62-0.19
0.850.75-0.060.95-0.10.10.76-0.120.17-0.030.650.15-0.070.510.270.040.950.95-0.270.47-0.340.05-0.06-0.34-0.33
0.290.38-0.210.6-0.57-0.360.5-0.47-0.38-0.20.210.56-0.580.520.090.520.50.54-0.570.47-0.29-0.04-0.2-0.68-0.28
-0.36-0.440.2-0.440.09-0.39-0.3-0.37-0.02-0.34-0.290.120.17-0.440.490.14-0.42-0.43-0.13-0.34-0.29-0.58-0.180.030.93
0.20.170.030.130.20.31-0.050.620.080.190.28-0.10.060.2-0.59-0.390.140.20.130.05-0.04-0.580.230.38-0.59
0.090.12-0.020.030.230.43-0.140.670.290.82-0.060.25-0.080.1-0.330.150.02-0.04-0.25-0.06-0.2-0.180.230.24-0.24
0.140.01-0.01-0.30.920.77-0.220.660.750.22-0.2-0.390.79-0.15-0.15-0.73-0.17-0.210.62-0.34-0.680.030.380.24-0.05
-0.43-0.530.34-0.48-0.04-0.46-0.37-0.44-0.16-0.43-0.280.210.18-0.40.410.25-0.46-0.45-0.19-0.33-0.280.93-0.59-0.24-0.05
Click cells to compare fundamentals

Mangalore Chemicals Account Relationship Matchups

Mangalore Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.0B20.0B27.2B26.6B24.3B22.9B
Short Long Term Debt Total15.1B8.8B13.6B13.8B10.4B10.4B
Other Current Liab1.7B1.7B2.7B2.2B1.7B1.7B
Total Current Liabilities20.1B12.0B17.3B14.1B10.6B13.6B
Total Stockholder Equity5.5B6.1B6.8B8.0B9.4B6.0B
Property Plant And Equipment Net6.5B6.8B8.9B10.9B11.1B6.7B
Net Debt12.9B5.3B8.8B10.5B7.6B9.1B
Cash2.1B3.5B4.8B3.3B2.8B2.9B
Non Current Assets Total7.1B7.7B9.1B11.0B11.3B7.5B
Cash And Short Term Investments2.1B3.5B5.0B4.3B2.9B1.8B
Net Receivables14.5B5.7B7.4B7.6B6.0B8.4B
Liabilities And Stockholders Equity28.0B20.0B27.2B26.6B24.3B22.9B
Non Current Liabilities Total2.5B1.9B3.0B4.5B4.3B3.2B
Inventory2.5B1.8B4.3B2.4B1.7B2.7B
Other Current Assets1.9B1.6B2.1B2.3B2.4B3.7B
Total Liab22.6B13.9B20.4B18.6B14.9B16.9B
Total Current Assets20.9B12.3B18.1B15.5B13.0B15.4B
Accumulated Other Comprehensive Income(1.0B)(1.4B)(1.8B)586.6M674.6M708.4M
Short Term Debt12.8B7.4B11.2B10.0B7.2B10.2B
Accounts Payable5.3B2.8B3.2B1.6B1.4B1.3B
Non Currrent Assets Other(551.0M)63.7M1K62.8M96.9M92.1M
Intangible Assets17.8M14.9M10.8M10.7M10.4M9.4M
Current Deferred Revenue321.4M1.4B1.9B1.4B134.9M128.2M
Retained Earnings3.7B4.3B5.1B6.3B7.6B4.4B
Other Liab392.6M255.9M410.1M625.7M563.1M472.7M
Net Tangible Assets4.9B5.4B6.1B6.8B7.8B6.0B
Other Assets568.2M877.6M(10K)31.5M28.3M26.9M
Long Term Debt2.0B1.5B2.2B3.6B3.0B2.3B
Short Long Term Debt12.8B6.6B11.2B10.0B7.2B10.1B
Property Plant Equipment6.5B6.8B8.9B10.9B12.5B7.9B
Long Term Debt Total2.2B1.5B2.4B3.8B4.3B2.4B
Cash And Equivalents1.9B3.3B4.0B3.0B3.4B2.1B
Net Invested Capital20.3B12.7B20.2B21.6B19.6B21.2B
Net Working Capital840.2M314.1M754.3M1.5B2.5B2.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Mangalore Stock

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