Navneet Inventory vs Non Current Liabilities Total Analysis

NAVNETEDUL   139.65  6.22  4.66%   
Navneet Education financial indicator trend analysis is infinitely more than just investigating Navneet Education recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Navneet Education is a good investment. Please check the relationship between Navneet Education Inventory and its Non Current Liabilities Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navneet Education 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 income.

Inventory vs Non Current Liabilities Total

Inventory vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Navneet Education Inventory account and Non Current Liabilities Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Navneet Education's Inventory and Non Current Liabilities Total is 0.46. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Navneet Education Limited, assuming nothing else is changed. The correlation between historical values of Navneet Education's Inventory and Non Current Liabilities 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 Inventory of Navneet Education Limited are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Inventory i.e., Navneet Education's Inventory and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Non Current Liabilities Total

Most indicators from Navneet Education's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Navneet Education 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 Navneet Education 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 income.
The current year's Selling General Administrative is expected to grow to about 3.2 B. The current year's Tax Provision is expected to grow to about 558 M
 2022 2023 2024 2025 (projected)
EBITDA3.8B3.8B4.3B2.2B
EBIT3.2B3.1B3.6B1.9B

Navneet Education fundamental ratios Correlations

0.580.440.650.990.660.530.980.560.860.980.340.50.79-0.22-0.85-0.010.50.990.04-0.730.70.990.790.420.58
0.580.550.950.460.560.990.450.420.350.490.440.240.780.14-0.26-0.250.20.630.12-0.330.950.630.580.480.98
0.440.550.680.390.760.520.350.190.410.430.180.210.530.24-0.15-0.020.010.460.17-0.110.660.450.20.620.44
0.650.950.680.540.670.930.510.590.460.550.330.30.870.22-0.24-0.170.140.690.04-0.250.990.690.660.610.92
0.990.460.390.540.650.40.990.540.880.990.280.510.75-0.29-0.860.040.550.970.04-0.770.60.970.760.370.46
0.660.560.760.670.650.520.620.390.530.670.290.170.730.19-0.37-0.140.210.650.33-0.520.680.640.380.740.45
0.530.990.520.930.40.520.380.360.260.420.480.160.740.19-0.22-0.310.150.580.15-0.30.920.580.540.470.98
0.980.450.350.510.990.620.380.560.890.990.220.550.72-0.36-0.870.060.630.950.05-0.790.580.950.770.280.44
0.560.420.190.590.540.390.360.560.610.5-0.240.450.640.04-0.250.110.230.57-0.15-0.140.60.590.830.260.42
0.860.350.410.460.880.530.260.890.610.90.010.780.58-0.42-0.720.40.580.84-0.16-0.490.530.820.660.210.34
0.980.490.430.550.990.670.420.990.50.90.290.550.72-0.3-0.870.070.570.960.04-0.760.620.960.730.380.48
0.340.440.180.330.280.290.480.22-0.240.010.29-0.330.250.22-0.38-0.24-0.180.39-0.03-0.380.310.37-0.010.470.47
0.50.240.210.30.510.170.160.550.450.780.55-0.330.35-0.61-0.330.60.680.49-0.2-0.190.370.450.45-0.180.25
0.790.780.530.870.750.730.740.720.640.580.720.250.35-0.01-0.42-0.220.360.80.11-0.540.890.820.770.570.75
-0.220.140.240.22-0.290.190.19-0.360.04-0.42-0.30.22-0.61-0.010.38-0.44-0.82-0.190.210.40.11-0.17-0.10.660.09
-0.85-0.26-0.15-0.24-0.86-0.37-0.22-0.87-0.25-0.72-0.87-0.38-0.33-0.420.38-0.03-0.47-0.83-0.010.74-0.32-0.82-0.57-0.16-0.3
-0.01-0.25-0.02-0.170.04-0.14-0.310.060.110.40.07-0.240.6-0.22-0.44-0.030.21-0.01-0.470.24-0.15-0.06-0.16-0.3-0.2
0.50.20.010.140.550.210.150.630.230.580.57-0.180.680.36-0.82-0.470.210.460.07-0.680.260.450.43-0.390.2
0.990.630.460.690.970.650.580.950.570.840.960.390.490.8-0.19-0.83-0.010.460.03-0.70.741.00.790.440.64
0.040.120.170.040.040.330.150.05-0.15-0.160.04-0.03-0.20.110.21-0.01-0.470.070.03-0.340.050.04-0.040.120.04
-0.73-0.33-0.11-0.25-0.77-0.52-0.3-0.79-0.14-0.49-0.76-0.38-0.19-0.540.40.740.24-0.68-0.7-0.34-0.34-0.7-0.46-0.1-0.32
0.70.950.660.990.60.680.920.580.60.530.620.310.370.890.11-0.32-0.150.260.740.05-0.340.740.70.560.92
0.990.630.450.690.970.640.580.950.590.820.960.370.450.82-0.17-0.82-0.060.451.00.04-0.70.740.820.440.64
0.790.580.20.660.760.380.540.770.830.660.73-0.010.450.77-0.1-0.57-0.160.430.79-0.04-0.460.70.820.260.61
0.420.480.620.610.370.740.470.280.260.210.380.47-0.180.570.66-0.16-0.3-0.390.440.12-0.10.560.440.260.41
0.580.980.440.920.460.450.980.440.420.340.480.470.250.750.09-0.3-0.20.20.640.04-0.320.920.640.610.41
Click cells to compare fundamentals

Navneet Education Account Relationship Matchups

Navneet Education fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.8B13.2B16.6B17.5B20.1B21.1B
Short Long Term Debt Total741.4M1.4B2.9B2.6B3.0B1.6B
Other Current Liab904.4M834M960M908M1.0B579.7M
Total Current Liabilities2.2B2.9B4.6B4.0B4.7B2.5B
Total Stockholder Equity9.3B10.0B11.5B12.9B14.9B15.6B
Property Plant And Equipment Net2.2B2.0B1.9B2.3B2.6B1.6B
Net Debt533.5M1.1B2.6B2.4B2.7B1.5B
Retained Earnings8.6B9.4B10.5B12.4B14.3B15.0B
Accounts Payable783.7M687.5M644.8M523.5M602.0M405.6M
Cash207.9M245.9M275.1M213.3M245.3M257.6M
Non Current Assets Total4.6B5.1B6.0B6.4B7.4B7.7B
Non Currrent Assets Other100K1.1M244.2M726.4M835.4M877.1M
Cash And Short Term Investments207.9M245.9M502.2M215.6M194.0M159.9M
Net Receivables1.8B2.8B3.3B3.7B4.2B2.2B
Short Term Investments235.4M121.7M227.1M2.3M2.1M2.0M
Liabilities And Stockholders Equity11.8B13.2B16.6B17.5B20.1B21.1B
Non Current Liabilities Total254.9M303.1M417.1M485.2M436.7M301.9M
Inventory4.2B4.7B6.2B6.4B7.3B7.7B
Other Current Assets1.0B601.5M734M775.6M891.9M839.4M
Other Stockholder Equity206.1M(1.0)100K(12.4B)(11.2B)(10.6B)
Total Liab2.5B3.2B5.1B4.5B5.2B2.9B
Total Current Assets7.2B8.1B10.5B11.1B12.7B13.4B
Accumulated Other Comprehensive Income206.1M178.2M567.3M70.1M80.6M84.6M
Intangible Assets232M252.5M370.5M319.7M367.7M386.0M
Short Term Debt521.7M1.2B2.9B2.5B2.9B1.9B
Current Deferred Revenue936.5M962.6M939.1M102.7M92.4M87.8M
Other Assets418M312.7M348.3M1.5M1.7M1.6M
Other Liab8.1M9.9M35.2M184.1M165.7M174.0M
Net Tangible Assets7.9B8.6B9.5B10.9B12.5B8.0B
Short Long Term Debt432.7M1.1B2.8B2.5B2.8B2.1B
Property Plant Equipment2.2B2.2B2.0B1.9B2.1B2.0B
Long Term Debt Total341.1M219.7M119M3.8M4.4M4.2M
Net Invested Capital9.7B11.2B14.3B15.4B17.7B13.0B
Net Working Capital5.0B5.3B5.9B7.0B8.1B5.7B

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 Navneet Stock

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