MRF Total Current Liabilities vs Total Stockholder Equity Analysis

MRF Stock   123,662  872.00  0.70%   
MRF financial indicator trend analysis is infinitely more than just investigating MRF Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MRF Limited is a good investment. Please check the relationship between MRF Total Current Liabilities and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MRF 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 board of governors.

Total Current Liabilities vs Total Stockholder Equity

Total Current Liabilities vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MRF Limited Total Current Liabilities account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between MRF's Total Current Liabilities and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of MRF Limited, assuming nothing else is changed. The correlation between historical values of MRF's Total Current Liabilities and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of MRF Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., MRF's Total Current Liabilities and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on MRF balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of MRF Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from MRF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MRF 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 MRF 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 board of governors.
As of November 29, 2024, Selling General Administrative is expected to decline to about 656.3 M. In addition to that, Tax Provision is expected to decline to about 4 B
 2021 2022 2023 2024 (projected)
Interest Expense2.5B3.2B3.5B2.1B
Depreciation And Amortization12.1B12.5B14.3B15.0B

MRF fundamental ratios Correlations

0.770.940.991.00.990.590.80.230.990.360.680.79-0.550.320.830.530.050.850.840.82-0.550.220.92-0.240.98
0.770.740.80.750.710.860.730.110.740.470.710.87-0.050.510.880.66-0.340.920.890.72-0.050.330.580.160.69
0.940.740.950.950.930.680.690.00.950.250.610.66-0.580.140.770.620.080.770.750.7-0.58-0.020.81-0.220.93
0.990.80.950.990.970.640.830.170.980.340.720.78-0.510.30.840.57-0.020.870.860.82-0.510.20.9-0.230.96
1.00.750.950.990.990.560.780.260.990.360.680.77-0.560.260.830.520.050.830.830.84-0.560.170.92-0.290.98
0.990.710.930.970.990.50.760.31.00.290.580.76-0.610.280.820.470.110.80.780.82-0.610.180.92-0.331.0
0.590.860.680.640.560.50.56-0.410.560.350.570.61-0.060.420.690.7-0.220.740.70.39-0.060.20.380.260.49
0.80.730.690.830.780.760.560.230.770.230.840.82-0.10.380.840.5-0.250.930.930.88-0.10.370.76-0.240.74
0.230.110.00.170.260.3-0.410.230.240.150.150.370.00.120.23-0.19-0.160.20.240.520.00.210.3-0.240.29
0.990.740.950.980.991.00.560.770.240.320.620.77-0.590.280.830.50.090.820.80.82-0.590.170.92-0.30.99
0.360.470.250.340.360.290.350.230.150.320.410.460.120.210.46-0.06-0.340.390.470.410.120.380.470.010.27
0.680.710.610.720.680.580.570.840.150.620.410.690.060.210.630.55-0.430.810.890.760.060.170.580.060.56
0.790.870.660.780.770.760.610.820.370.770.460.69-0.120.650.90.42-0.160.940.920.85-0.120.560.70.030.74
-0.55-0.05-0.58-0.51-0.56-0.61-0.06-0.10.0-0.590.120.06-0.12-0.07-0.17-0.22-0.77-0.1-0.07-0.111.00.06-0.540.29-0.64
0.320.510.140.30.260.280.420.380.120.280.210.210.65-0.070.430.140.10.50.440.24-0.070.870.220.410.28
0.830.880.770.840.830.820.690.840.230.830.460.630.9-0.170.430.52-0.180.940.910.86-0.170.420.8-0.280.8
0.530.660.620.570.520.470.70.5-0.190.5-0.060.550.42-0.220.140.52-0.070.580.590.33-0.22-0.10.290.070.46
0.05-0.340.08-0.020.050.11-0.22-0.25-0.160.09-0.34-0.43-0.16-0.770.1-0.18-0.07-0.26-0.3-0.28-0.77-0.010.1-0.150.16
0.850.920.770.870.830.80.740.930.20.820.390.810.94-0.10.50.940.58-0.260.980.88-0.10.420.74-0.070.78
0.840.890.750.860.830.780.70.930.240.80.470.890.92-0.070.440.910.59-0.30.980.89-0.070.380.75-0.060.76
0.820.720.70.820.840.820.390.880.520.820.410.760.85-0.110.240.860.33-0.280.880.89-0.110.260.82-0.330.8
-0.55-0.05-0.58-0.51-0.56-0.61-0.06-0.10.0-0.590.120.06-0.121.0-0.07-0.17-0.22-0.77-0.1-0.07-0.110.06-0.540.29-0.64
0.220.33-0.020.20.170.180.20.370.210.170.380.170.560.060.870.42-0.1-0.010.420.380.260.060.290.090.18
0.920.580.810.90.920.920.380.760.30.920.470.580.7-0.540.220.80.290.10.740.750.82-0.540.29-0.510.92
-0.240.16-0.22-0.23-0.29-0.330.26-0.24-0.24-0.30.010.060.030.290.41-0.280.07-0.15-0.07-0.06-0.330.290.09-0.51-0.34
0.980.690.930.960.981.00.490.740.290.990.270.560.74-0.640.280.80.460.160.780.760.8-0.640.180.92-0.34
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MRF Account Relationship Matchups

MRF fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets194.4B225.8B230.6B243.7B268.5B281.9B
Short Long Term Debt Total22.4B23.6B32.3B30.1B28.2B20.7B
Other Current Liab15.6B26.9B28.4B33.2B36.1B37.9B
Total Current Liabilities52.5B72.7B69.6B75.0B77.1B81.0B
Total Stockholder Equity122.1B134.1B140.3B147.1B167.0B175.4B
Property Plant And Equipment Net105.8B104.2B107.3B131.4B144.1B151.3B
Net Debt7.3B22.0B30.5B27.7B25.2B18.3B
Accounts Payable19.1B33.1B20.6B24.4B26.5B13.5B
Cash11.8B1.7B1.8B2.5B3.0B2.2B
Non Current Assets Total112.9B122.1B128.7B151.3B163.0B171.1B
Non Currrent Assets Other20.4B2.9B40.4B19.6B7.5B12.8B
Cash And Short Term Investments26.9B49.1B34.1B23.4B27.5B17.6B
Net Receivables24.6B21.5B23.3B25.0B29.1B17.9B
Liabilities And Stockholders Equity194.4B225.8B230.6B243.7B268.5B281.9B
Non Current Liabilities Total19.8B19.0B20.7B21.7B24.4B19.7B
Inventory29.1B29.4B41.3B41.4B44.7B22.9B
Other Current Assets860.5M3.7B4.3B1.5B4.2B2.3B
Other Stockholder Equity(122.2B)(134.6B)(140.6B)(147.7B)167.0B175.3B
Total Liab72.3B91.7B90.3B96.6B101.5B58.1B
Total Current Assets81.5B103.7B101.9B92.4B105.5B60.8B
Accumulated Other Comprehensive Income122.0B134.0B140.2B146.9B(955.2M)(907.4M)
Intangible Assets284.9M243.3M212.3M259.4M257.4M133.9M
Other Liab8.7B7.8B9.0B8.3B9.6B6.6B
Retained Earnings122.3B134.7B140.7B147.8B167.8B176.2B
Long Term Debt7.8B8.1B8.2B8.2B7.2B8.2B
Property Plant Equipment105.8B104.2B107.3B131.4B151.1B158.6B
Other Assets6.0B5.7B9.0B5.6B6.4B4.0B
Current Deferred Revenue6.6B8.7B684M569.3M43.1M40.9M
Short Term Investments15.1B47.4B32.3B20.9B23.0B24.2B
Short Term Debt11.3B12.6B20.6B16.8B14.4B13.8B
Net Tangible Assets121.9B133.9B140.1B146.8B168.8B108.7B
Short Long Term Debt10.8B9.2B20.0B16.1B13.5B12.1B
Long Term Debt Total11.1B11.2B11.7B13.3B15.3B13.1B
Non Current Liabilities Other954M1.8B1.8B2.3B3.4B3.5B
Net Invested Capital140.7B151.4B168.5B171.4B187.8B168.5B
Net Working Capital29.0B31.0B32.3B17.5B28.4B23.0B

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Other Information on Investing in MRF Stock

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