Muthoot Non Currrent Assets Other vs Cash And Short Term Investments Analysis

MUTHOOTFIN   2,070  7.10  0.34%   
Muthoot Finance financial indicator trend analysis is infinitely more than just investigating Muthoot Finance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Muthoot Finance is a good investment. Please check the relationship between Muthoot Finance Non Currrent Assets Other and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Muthoot Finance 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 persons.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Muthoot Finance Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Muthoot Finance's Non Currrent Assets Other and Cash And Short Term Investments is 0.13. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Muthoot Finance Limited, assuming nothing else is changed. The correlation between historical values of Muthoot Finance's Non Currrent Assets Other and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Muthoot Finance Limited are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Muthoot Finance's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Muthoot Finance balance sheet. This account contains Muthoot Finance investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Muthoot Finance Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Muthoot Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Muthoot Finance 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 Muthoot Finance 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 persons.
Selling General Administrative is likely to gain to about 24.7 B in 2024, whereas Tax Provision is likely to drop slightly above 12.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense42.6B42.1B54.3B57.0B
Depreciation And Amortization24.8B27.4B921.1M875.0M

Muthoot Finance fundamental ratios Correlations

0.78-0.120.650.990.730.060.930.750.690.690.750.710.62-0.53-0.431.00.170.90.410.24-0.5-0.91-0.670.070.17
0.78-0.140.090.760.690.590.550.950.140.140.950.460.78-0.77-0.820.780.240.530.460.71-0.54-0.56-0.71-0.510.11
-0.12-0.14-0.06-0.09-0.14-0.03-0.11-0.19-0.07-0.07-0.190.2-0.05-0.040.02-0.13-0.12-0.080.07-0.020.250.040.220.05-0.13
0.650.09-0.060.660.42-0.70.850.070.990.990.080.43-0.070.080.250.640.110.850.03-0.57-0.27-0.79-0.290.77-0.01
0.990.76-0.090.660.690.020.940.730.710.70.730.730.6-0.55-0.440.980.120.890.340.23-0.53-0.92-0.70.080.17
0.730.69-0.140.420.690.150.630.650.430.430.660.260.65-0.38-0.240.740.280.670.650.23-0.13-0.64-0.320.0-0.06
0.060.59-0.03-0.70.020.15-0.290.56-0.68-0.680.550.030.65-0.54-0.70.070.2-0.280.440.94-0.10.23-0.25-0.930.16
0.930.55-0.110.850.940.63-0.290.530.880.880.540.610.38-0.4-0.210.920.120.960.16-0.09-0.49-0.94-0.570.380.02
0.750.95-0.190.070.730.650.560.530.120.121.00.390.8-0.79-0.760.750.250.50.360.69-0.47-0.5-0.6-0.460.03
0.690.14-0.070.990.710.43-0.680.880.121.00.130.49-0.010.030.20.680.00.870.02-0.51-0.3-0.84-0.330.740.03
0.690.14-0.070.990.70.43-0.680.880.121.00.130.49-0.020.030.20.680.00.870.01-0.52-0.3-0.83-0.320.740.02
0.750.95-0.190.080.730.660.550.541.00.130.130.390.8-0.78-0.750.750.260.50.360.68-0.46-0.51-0.6-0.440.02
0.710.460.20.430.730.260.030.610.390.490.490.390.44-0.23-0.240.7-0.180.520.410.24-0.2-0.68-0.460.040.52
0.620.78-0.05-0.070.60.650.650.380.8-0.01-0.020.80.44-0.63-0.520.630.010.320.60.77-0.15-0.44-0.37-0.470.25
-0.53-0.77-0.040.08-0.55-0.38-0.54-0.4-0.790.030.03-0.78-0.23-0.630.82-0.52-0.17-0.36-0.07-0.650.430.30.450.550.33
-0.43-0.820.020.25-0.44-0.24-0.7-0.21-0.760.20.2-0.75-0.24-0.520.82-0.43-0.18-0.21-0.12-0.770.630.220.690.730.03
1.00.78-0.130.640.980.740.070.920.750.680.680.750.70.63-0.52-0.430.190.90.440.25-0.48-0.9-0.660.070.17
0.170.24-0.120.110.120.280.20.120.250.00.00.26-0.180.01-0.17-0.180.190.140.21-0.02-0.190.03-0.2-0.02-0.28
0.90.53-0.080.850.890.67-0.280.960.50.870.870.50.520.32-0.36-0.210.90.140.23-0.12-0.45-0.91-0.530.37-0.06
0.410.460.070.030.340.650.440.160.360.020.010.360.410.6-0.07-0.120.440.210.230.420.24-0.27-0.11-0.260.34
0.240.71-0.02-0.570.230.230.94-0.090.69-0.51-0.520.680.240.77-0.65-0.770.25-0.02-0.120.42-0.170.02-0.34-0.910.23
-0.5-0.540.25-0.27-0.53-0.13-0.1-0.49-0.47-0.3-0.3-0.46-0.2-0.150.430.63-0.48-0.19-0.450.24-0.170.530.920.1-0.13
-0.91-0.560.04-0.79-0.92-0.640.23-0.94-0.5-0.84-0.83-0.51-0.68-0.440.30.22-0.90.03-0.91-0.270.020.530.67-0.33-0.23
-0.67-0.710.22-0.29-0.7-0.32-0.25-0.57-0.6-0.33-0.32-0.6-0.46-0.370.450.69-0.66-0.2-0.53-0.11-0.340.920.670.21-0.35
0.07-0.510.050.770.080.0-0.930.38-0.460.740.74-0.440.04-0.470.550.730.07-0.020.37-0.26-0.910.1-0.330.21-0.07
0.170.11-0.13-0.010.17-0.060.160.020.030.030.020.020.520.250.330.030.17-0.28-0.060.340.23-0.13-0.23-0.35-0.07
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Muthoot Finance Account Relationship Matchups

Muthoot Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets548.8B686.4B763.2B801.5B964.7B1.0T
Short Long Term Debt Total623.2B785.9B849.2B905.8B678.7B352.6B
Other Current Liab(2.2B)(2.1B)(1.6B)(1.3B)(1.9B)(1.8B)
Total Current Liabilities2.2B2.1B1.6B1.3B677.2B711.1B
Total Stockholder Equity118.3B155.8B187.9B216.7B251.1B263.6B
Property Plant And Equipment Net2.9B3.1B3.5B4.1B5.2B2.7B
Net Debt347.6B422.7B441.3B474.4B(62.7B)(59.6B)
Retained Earnings34.0B64.0B88.0B110.0B195.9B205.7B
Cash59.5B79.1B102.3B80.4B60.4B30.8B
Non Current Assets Total3.3B3.5B3.8B4.4B912.7B958.3B
Non Currrent Assets Other(3.3B)(3.5B)(3.8B)(4.4B)898.7B943.6B
Cash And Short Term Investments58.3B77.8B100.4B77.7B60.4B30.3B
Common Stock Shares Outstanding401.3M401.5M401.5M401.5M401.5M425.9M
Liabilities And Stockholders Equity548.8B686.4B763.2B801.5B964.7B1.0T
Non Current Liabilities Total233.1B319.1B388.7B401.8B237.8B192.4B
Other Current Assets(63.3B)(83.0B)(714.8B)(723.5B)590.3M619.8M
Other Stockholder Equity(67.6B)(49.0B)(73.0B)(94.9B)15.1B15.9B
Total Liab428.8B528.8B571.8B580.0B707.2B742.5B
Total Current Assets58.3B77.8B100.4B77.7B62.7B51.6B
Accumulated Other Comprehensive Income(1.4B)72.7B80.1B87.6B36.1B37.9B
Short Term Debt216.3B284.3B305.8B351.1B678.6B712.5B
Common Stock4.0B4.0B4.0B4.0B4.0B3.4B
Other Assets487.2B605.1B659.0B719.3B(10.7B)(10.2B)
Accounts Payable2.2B2.1B1.6B1.3B1.4B1.3B
Current Deferred Revenue(214.0B)(282.2B)(304.2B)(349.7B)(677.2B)(643.3B)
Net Receivables1.6B1.6B1.7B99.0M1.4B1.3B
Short Term Investments(1.2B)(1.3B)(1.9B)(2.7B)2.9B3.0B
Intangible Assets85.4M86.9M59.2M59.3M62M80.7M
Other Liab3.7B3.7B4.5B6.6B5.9B5.0B
Net Tangible Assets98.9B117.9B155.4B187.5B215.6B226.4B
Long Term Debt406.8B501.4B543.3B554.6B637.8B324.8B
Long Term Investments9.9B12.6B8.6B8.9B11.3B5.8B
Property Plant Equipment2.9B3.1B3.5B4.1B4.7B3.1B
Inventory61.7B81.4B713.1B723.4B831.9B873.5B
Long Term Debt Total407.0B501.6B543.5B554.7B637.9B387.2B
Capital Surpluse15.0B15.0B15.1B15.1B17.4B16.4B
Cash And Equivalents28.4B25.5B62.0B16.9B19.5B21.0B
Net Invested Capital525.3B657.1B731.1B771.2B929.7B683.6B

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