Modi Net Debt vs Total Liab Analysis

MODIRUBBER

128.99 2.93 2.32%

Modi Rubber financial indicator trend analysis is infinitely more than just investigating Modi Rubber Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Modi Rubber Limited is a good investment. Please check the relationship between Modi Rubber Net Debt and its Total Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Modi Rubber Limited. 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.

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Modi Rubber Limited Net Debt account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Modi Rubber's Net Debt and Total Liab is 0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab in the same time period over historical financial statements of Modi Rubber Limited, assuming nothing else is changed. The correlation between historical values of Modi Rubber's Net Debt and Total 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 Net Debt of Modi Rubber Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Modi Rubber's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most indicators from Modi Rubber's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Modi Rubber Limited 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 Modi Rubber Limited. 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.

The current year's Tax Provision is expected to grow to about 110.8 M, whereas Selling General Administrative is forecasted to decline to about 63.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.2M	4.8M	35.4M	19.0M
Depreciation And Amortization	26.0M	21.2M	29.2M	36.0M

Interest Expense Depreciation And Amortization

Modi Rubber fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Retained Earnings	Accounts Payable	Short Term Investments	Short Term Debt	Intangible Assets	Other Liab
Total Assets		0.03	-0.39	-0.28	0.93	0.81	0.14	-0.59	0.98	0.19	0.32	0.17	-0.01	0.45	-0.37	-0.37	-0.18	0.05	0.1	-0.28	0.84	0.17	0.47	0.42	0.1	0.78
Short Long Term Debt Total	0.03		0.83	0.92	-0.33	0.12	0.98	0.14	0.1	0.41	-0.66	0.0	-0.06	0.88	0.22	0.04	0.58	0.98	-0.32	-0.09	-0.15	-0.07	-0.3	0.27	-0.3	0.06
Other Current Liab	-0.39	0.83		0.91	-0.67	-0.35	0.78	0.38	-0.29	0.31	-0.78	-0.19	0.16	0.58	0.34	0.31	0.43	0.83	-0.48	0.23	-0.54	-0.25	-0.6	-0.11	-0.41	-0.36
Total Current Liabilities	-0.28	0.92	0.91		-0.6	-0.13	0.84	0.42	-0.24	0.38	-0.62	0.12	0.05	0.67	0.39	0.17	0.71	0.93	-0.18	0.08	-0.36	0.09	-0.36	0.1	-0.26	-0.22
Total Stockholder Equity	0.93	-0.33	-0.67	-0.6		0.69	-0.21	-0.63	0.89	0.04	0.53	0.15	0.02	0.1	-0.41	-0.38	-0.39	-0.31	0.19	-0.22	0.83	0.14	0.55	0.29	0.22	0.69
Property Plant And Equipment Net	0.81	0.12	-0.35	-0.13	0.69		0.19	-0.34	0.76	0.02	0.25	0.24	-0.47	0.48	-0.51	-0.21	-0.06	0.16	0.23	-0.64	0.8	0.33	0.47	0.74	-0.11	0.97
Net Debt	0.14	0.98	0.78	0.84	-0.21	0.19		-0.04	0.22	0.4	-0.66	-0.11	-0.07	0.91	0.19	0.03	0.5	0.95	-0.38	-0.12	-0.08	-0.15	-0.28	0.28	-0.32	0.14
Cash	-0.59	0.14	0.38	0.42	-0.63	-0.34	-0.04		-0.62	0.06	-0.1	0.45	0.01	-0.14	0.11	0.11	0.33	0.19	0.18	0.1	-0.46	0.29	-0.25	-0.01	-0.02	-0.41
Non Current Assets Total	0.98	0.1	-0.29	-0.24	0.89	0.76	0.22	-0.62		0.2	0.14	0.0	0.0	0.51	-0.44	-0.27	-0.24	0.11	-0.11	-0.25	0.76	-0.01	0.3	0.4	0.03	0.76
Non Currrent Assets Other	0.19	0.41	0.31	0.38	0.04	0.02	0.4	0.06	0.2		-0.18	0.23	0.36	0.41	0.37	-0.14	0.33	0.43	-0.04	0.5	0.32	0.18	-0.11	0.04	0.08	-0.11
Cash And Short Term Investments	0.32	-0.66	-0.78	-0.62	0.53	0.25	-0.66	-0.1	0.14	-0.18		0.6	0.05	-0.5	0.05	-0.58	-0.13	-0.62	0.83	-0.06	0.49	0.58	0.88	-0.02	0.44	0.16
Net Receivables	0.17	0.0	-0.19	0.12	0.15	0.24	-0.11	0.45	0.0	0.23	0.6		0.02	-0.04	0.29	-0.47	0.51	0.06	0.84	-0.06	0.33	0.85	0.62	0.17	0.43	0.03
Common Stock Shares Outstanding	-0.01	-0.06	0.16	0.05	0.02	-0.47	-0.07	0.01	0.0	0.36	0.05	0.02		-0.04	0.4	0.02	0.03	0.01	-0.08	0.86	-0.11	0.05	-0.16	-0.54	0.11	-0.5
Non Current Liabilities Total	0.45	0.88	0.58	0.67	0.1	0.48	0.91	-0.14	0.51	0.41	-0.5	-0.04	-0.04		-0.02	0.0	0.36	0.89	-0.32	-0.17	0.24	-0.02	-0.14	0.41	-0.35	0.45
Inventory	-0.37	0.22	0.34	0.39	-0.41	-0.51	0.19	0.11	-0.44	0.37	0.05	0.29	0.4	-0.02		-0.21	0.56	0.23	0.33	0.57	-0.2	0.25	0.15	-0.53	0.15	-0.65
Other Current Assets	-0.37	0.04	0.31	0.17	-0.38	-0.21	0.03	0.11	-0.27	-0.14	-0.58	-0.47	0.02	0.0	-0.21		-0.14	0.1	-0.46	0.09	-0.36	-0.25	-0.71	-0.01	-0.4	-0.1
Other Stockholder Equity	-0.18	0.58	0.43	0.71	-0.39	-0.06	0.5	0.33	-0.24	0.33	-0.13	0.51	0.03	0.36	0.56	-0.14		0.61	0.29	0.1	-0.09	0.49	0.1	-0.05	0.36	-0.25
Total Liab	0.05	0.98	0.83	0.93	-0.31	0.16	0.95	0.19	0.11	0.43	-0.62	0.06	0.01	0.89	0.23	0.1	0.61		-0.27	-0.04	-0.1	0.04	-0.28	0.26	-0.33	0.08
Total Current Assets	0.1	-0.32	-0.48	-0.18	0.19	0.23	-0.38	0.18	-0.11	-0.04	0.83	0.84	-0.08	-0.32	0.33	-0.46	0.29	-0.27		-0.14	0.35	0.83	0.83	0.13	0.35	0.06
Common Stock	-0.28	-0.09	0.23	0.08	-0.22	-0.64	-0.12	0.1	-0.25	0.5	-0.06	-0.06	0.86	-0.17	0.57	0.09	0.1	-0.04	-0.14		-0.15	-0.01	-0.27	-0.74	0.15	-0.69
Retained Earnings	0.84	-0.15	-0.54	-0.36	0.83	0.8	-0.08	-0.46	0.76	0.32	0.49	0.33	-0.11	0.24	-0.2	-0.36	-0.09	-0.1	0.35	-0.15		0.43	0.6	0.34	0.18	0.71
Accounts Payable	0.17	-0.07	-0.25	0.09	0.14	0.33	-0.15	0.29	-0.01	0.18	0.58	0.85	0.05	-0.02	0.25	-0.25	0.49	0.04	0.83	-0.01	0.43		0.59	0.19	0.21	0.13
Short Term Investments	0.47	-0.3	-0.6	-0.36	0.55	0.47	-0.28	-0.25	0.3	-0.11	0.88	0.62	-0.16	-0.14	0.15	-0.71	0.1	-0.28	0.83	-0.27	0.6	0.59		0.13	0.38	0.34
Short Term Debt	0.42	0.27	-0.11	0.1	0.29	0.74	0.28	-0.01	0.4	0.04	-0.02	0.17	-0.54	0.41	-0.53	-0.01	-0.05	0.26	0.13	-0.74	0.34	0.19	0.13		-0.3	0.75
Intangible Assets	0.1	-0.3	-0.41	-0.26	0.22	-0.11	-0.32	-0.02	0.03	0.08	0.44	0.43	0.11	-0.35	0.15	-0.4	0.36	-0.33	0.35	0.15	0.18	0.21	0.38	-0.3		-0.21
Other Liab	0.78	0.06	-0.36	-0.22	0.69	0.97	0.14	-0.41	0.76	-0.11	0.16	0.03	-0.5	0.45	-0.65	-0.1	-0.25	0.08	0.06	-0.69	0.71	0.13	0.34	0.75	-0.21

Click cells to compare fundamentals

Modi Rubber Account Relationship Matchups

Modi Rubber fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4B	4.6B	6.9B	7.3B	7.4B	4.5B
Short Long Term Debt Total	49.1M	43.4M	46.0M	211.7M	207.6M	199.4M
Other Current Liab	128.1M	67.8M	25.8M	35.4M	47.7M	45.3M
Total Current Liabilities	281.8M	218.7M	244.6M	394.9M	423.0M	452.9M
Total Stockholder Equity	4.1B	4.3B	6.2B	6.4B	6.5B	3.6B
Property Plant And Equipment Net	294.5M	272.5M	2.2B	2.2B	2.3B	2.4B
Net Debt	(12.5M)	32.7M	22.9M	131.9M	140.7M	101.6M
Cash	61.6M	10.7M	23.1M	79.7M	67.1M	95.5M
Non Current Assets Total	3.6B	3.4B	6.0B	6.2B	6.2B	3.4B
Non Currrent Assets Other	1.2B	1.0B	863.1M	3.6B	36.1M	34.3M
Cash And Short Term Investments	724.7M	825.1M	820.6M	752.5M	915.4M	680.8M
Net Receivables	39.7M	64.5M	60.6M	268.0M	262.2M	173.7M
Liabilities And Stockholders Equity	4.4B	4.6B	6.9B	7.3B	7.4B	4.5B
Non Current Liabilities Total	45.5M	41.0M	460.1M	476.0M	458.1M	235.2M
Inventory	1.0	257.5M	(20.4M)	(35.5M)	(141.0M)	(133.9M)
Other Current Assets	2.8M	3.3M	154.0M	49.5M	51.8M	98.7M
Total Liab	327.2M	259.7M	704.6M	870.9M	881.1M	688.1M
Total Current Assets	767.2M	1.2B	944.0M	1.1B	1.2B	1.2B
Accumulated Other Comprehensive Income	1.5B	1.7B	3.3B	3.3B	3.3B	3.4B
Retained Earnings	1.7B	2.0B	3.9B	4.1B	2.4B	2.5B
Accounts Payable	13.8M	13.9M	77.8M	88.7M	86.2M	56.7M
Short Term Investments	663.1M	814.4M	797.5M	672.8M	848.8M	778.4M
Short Term Debt	5.7M	4.5M	9.5M	124.2M	127.8M	134.2M
Intangible Assets	188K	130K	73K	109K	82K	77.9K
Other Liab	2.1M	2.1M	423.6M	388.5M	446.8M	469.1M
Net Tangible Assets	4.1B	4.3B	6.2B	6.0B	6.9B	4.8B
Other Assets	543.9M	233.0M	550.8M	10K	9K	8.6K
Long Term Debt	20.7M	26.2M	25M	74.7M	50.1M	32.3M
Short Long Term Debt	4.3M	3.0M	1.2M	122.0M	119.6M	125.6M
Property Plant Equipment	294.5M	272.5M	2.2B	2.2B	2.6B	2.7B
Current Deferred Revenue	213.7M	200.2M	97K	16.8M	33.4M	31.8M
Long Term Debt Total	43.4M	38.9M	36.5M	87.5M	100.6M	105.7M
Non Current Liabilities Other	528K	431K	333K	38K	23K	21.9K
Cash And Equivalents	75M	0.0	20M	1K	900.0	855.0
Net Invested Capital	4.1B	4.4B	6.2B	6.6B	6.7B	5.7B
Net Working Capital	485.4M	954.0M	699.5M	669.7M	806.5M	703.2M

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Modi Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Modi Net Debt vs Total Liab Analysis

Net Debt vs Total Liab

Net Debt vs Total Liab Correlation Analysis

Correlation Coefficient

Net Debt

Total Liab

Modi Rubber fundamental ratios Correlations

Modi Rubber Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Modi Rubber fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Modi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total
Other Liab	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.95	Net Debt
Total Stockholder Equity	+ 0.93	Total Assets

Cash And Short Term Investments	- 0.78	Other Current Liab
Short Term Debt	- 0.74	Common Stock
Short Term Investments	- 0.71	Other Current Assets
Other Liab	- 0.69	Common Stock
Total Stockholder Equity	- 0.67	Other Current Liab
Cash And Short Term Investments	- 0.66	Net Debt