Sandhar Short Term Investments vs Non Current Liabilities Total Analysis

SANDHAR Stock   523.35  0.50  0.1%   
Sandhar Technologies financial indicator trend analysis is much more than just breaking down Sandhar Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandhar Technologies is a good investment. Please check the relationship between Sandhar Technologies Short Term Investments and its Non Current Liabilities Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.

Short Term Investments vs Non Current Liabilities Total

Short Term Investments vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandhar Technologies Short Term Investments account and Non Current Liabilities Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sandhar Technologies' Short Term Investments and Non Current Liabilities Total is 0.39. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Sandhar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sandhar Technologies' Short Term Investments 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 Short Term Investments of Sandhar Technologies 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 Short Term Investments i.e., Sandhar Technologies' Short Term Investments and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Sandhar Technologies balance sheet. It contains any investments Sandhar Technologies Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Sandhar Technologies can easily liquidate in the marketplace.

Non Current Liabilities Total

Most indicators from Sandhar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sandhar Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.
As of 12/26/2024, Selling General Administrative is likely to drop to about 210.1 M. In addition to that, Tax Provision is likely to drop to about 288.9 M
 2021 2022 2023 2024 (projected)
Interest Expense160.4M357.8M515.2M540.9M
Depreciation And Amortization1.0B1.2B1.5B877.3M

Sandhar Technologies fundamental ratios Correlations

0.730.390.910.960.98-0.10.550.910.970.210.980.160.260.930.690.860.540.640.990.340.640.950.970.750.79
0.73-0.040.570.560.770.230.940.610.64-0.230.780.27-0.180.640.40.620.390.960.780.50.050.840.60.790.85
0.39-0.040.670.320.280.0-0.380.250.410.970.260.560.980.280.330.010.54-0.130.330.020.80.430.550.210.13
0.910.570.670.840.850.00.310.780.920.520.840.350.550.870.680.670.560.430.90.320.760.910.970.770.66
0.960.560.320.840.95-0.30.430.920.930.170.95-0.010.210.910.680.890.460.490.940.240.670.820.920.630.68
0.980.770.280.850.95-0.170.630.910.930.091.00.10.150.880.670.890.530.70.990.360.550.930.910.750.79
-0.10.230.00.0-0.3-0.170.22-0.230.02-0.05-0.160.32-0.030.06-0.17-0.310.10.28-0.080.16-0.280.13-0.010.00.09
0.550.94-0.380.310.430.630.220.490.47-0.550.640.05-0.50.510.280.570.20.930.620.46-0.220.640.380.660.75
0.910.610.250.780.920.91-0.230.490.880.090.910.020.130.860.620.920.430.540.90.260.570.810.850.640.83
0.970.640.410.920.930.930.020.470.880.240.930.090.280.970.710.830.490.560.960.30.640.920.980.690.72
0.21-0.230.970.520.170.09-0.05-0.550.090.240.080.51.00.130.2-0.120.39-0.30.14-0.080.760.240.40.04-0.04
0.980.780.260.840.951.0-0.160.640.910.930.080.120.130.890.650.890.530.710.990.350.540.930.910.750.82
0.160.270.560.35-0.010.10.320.050.020.090.50.120.550.01-0.2-0.130.630.210.16-0.040.340.350.230.310.36
0.26-0.180.980.550.210.15-0.03-0.50.130.281.00.130.550.160.22-0.090.48-0.240.19-0.070.780.290.430.070.02
0.930.640.280.870.910.880.060.510.860.970.130.890.010.160.690.820.340.540.910.350.570.870.940.70.71
0.690.40.330.680.680.67-0.170.280.620.710.20.65-0.20.220.690.550.230.290.70.240.320.620.70.530.42
0.860.620.010.670.890.89-0.310.570.920.83-0.120.89-0.13-0.090.820.550.260.550.870.150.430.730.760.660.72
0.540.390.540.560.460.530.10.20.430.490.390.530.630.480.340.230.260.390.550.110.510.580.540.320.47
0.640.96-0.130.430.490.70.280.930.540.56-0.30.710.21-0.240.540.290.550.390.680.41-0.040.750.50.590.8
0.990.780.330.90.940.99-0.080.620.90.960.140.990.160.190.910.70.870.550.680.350.550.950.940.80.81
0.340.50.020.320.240.360.160.460.260.3-0.080.35-0.04-0.070.350.240.150.110.410.350.070.420.310.490.3
0.640.050.80.760.670.55-0.28-0.220.570.640.760.540.340.780.570.320.430.51-0.040.550.070.530.740.30.31
0.950.840.430.910.820.930.130.640.810.920.240.930.350.290.870.620.730.580.750.950.420.530.930.820.84
0.970.60.550.970.920.91-0.010.380.850.980.40.910.230.430.940.70.760.540.50.940.310.740.930.710.71
0.750.790.210.770.630.750.00.660.640.690.040.750.310.070.70.530.660.320.590.80.490.30.820.710.73
0.790.850.130.660.680.790.090.750.830.72-0.040.820.360.020.710.420.720.470.80.810.30.310.840.710.73
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Sandhar Technologies Account Relationship Matchups

Sandhar Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B16.0B19.8B21.6B24.3B15.6B
Short Long Term Debt Total2.8B3.1B6.1B6.7B7.3B4.5B
Other Current Liab437.5M463.9M628.8M1.1B1.1B946.5M
Total Current Liabilities5.0B5.9B7.7B7.8B9.7B6.9B
Total Stockholder Equity7.6B8.0B8.6B9.2B10.2B6.4B
Property Plant And Equipment Net8.5B8.4B10.0B12.2B13.5B8.5B
Current Deferred Revenue(2.0B)396.9M402.2M476.0M112.7M123.8M
Net Debt2.8B3.0B6.1B6.6B7.0B4.2B
Retained Earnings3.8B4.3B4.8B5.4B6.3B6.6B
Accounts Payable2.4B3.9B3.9B4.1B4.9B3.4B
Cash67.0M59.7M41.0M65.1M331.4M306.7M
Non Current Assets Total9.2B9.3B11.8B13.7B15.1B9.4B
Non Currrent Assets Other101.9M17.6M311.9M367.7M292.6M264.0M
Cash And Short Term Investments96.5M75.1M99.6M356.7M432.8M390.0M
Net Receivables1.9B3.9B4.5B3.6B4.6B3.0B
Short Term Investments29.4M15.4M58.5M291.6M101.3M83.3M
Liabilities And Stockholders Equity13.7B16.0B19.8B21.6B24.3B15.6B
Non Current Liabilities Total1.0B2.0B3.4B4.5B4.4B2.3B
Inventory2.0B2.1B2.6B3.0B3.4B2.3B
Other Current Assets412.2M520.1M837.4M1.1B811.0M732.8M
Total Liab6.0B7.9B11.1B12.3B14.1B9.2B
Total Current Assets4.4B6.6B8.0B7.8B9.2B6.2B
Accumulated Other Comprehensive Income(2.8B)396.4M445.4M466.5M480.8M504.8M
Short Term Debt2.0B1.3B2.9B2.6B3.6B2.5B
Intangible Assets88.1M95.3M681.7M607.8M629.1M660.6M
Other Liab238.9M220.1M189.4M134.1M154.2M189.2M
Net Tangible Assets7.1B7.5B7.9B7.9B9.0B6.1B
Other Assets155.9M189.1M583.1M431.9M(8.3M)(7.9M)
Long Term Debt9.1M992.8M2.5B3.0B2.9B1.6B
Short Long Term Debt1.9B1.1B2.7B2.4B3.4B2.2B
Property Plant Equipment7.7B8.5B8.4B10.0B11.5B8.1B
Long Term Debt Total84.7M788.7M1.8B3.3B3.8B4.0B
Capital Lease Obligations952.0M897.8M985.5M1.2B1.2B848.1M

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