Shaily Cash vs Intangible Assets Analysis

SHAILY Stock

1,297 4.35 0.34%

Shaily Engineering financial indicator trend analysis is much more than just breaking down Shaily Engineering prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaily Engineering is a good investment. Please check the relationship between Shaily Engineering Cash and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shaily Engineering Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cash vs Intangible Assets

Cash vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaily Engineering Cash account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shaily Engineering's Cash and Intangible Assets is 0.62. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Shaily Engineering Plastics, assuming nothing else is changed. The correlation between historical values of Shaily Engineering's Cash and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Shaily Engineering Plastics are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., Shaily Engineering's Cash and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash

Cash refers to the most liquid asset of Shaily Engineering, which is listed under current asset account on Shaily Engineering Plastics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shaily Engineering customers. The amounts must be unrestricted with restricted cash listed in a different Shaily Engineering account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Shaily Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaily Engineering 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 Shaily Engineering Plastics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

The current year's Selling General Administrative is expected to grow to about 614.8 M, whereas Tax Provision is forecasted to decline to about 107.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	169.4M	178.8M	189.6M	96.0M
Depreciation And Amortization	265.4M	333.1M	356.9M	374.7M

Interest Expense Depreciation And Amortization

Shaily Engineering 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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Receivables	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Retained Earnings	Short Term Investments
Total Assets		0.95	0.31	0.98	0.99	0.99	0.91	0.63	0.99	0.66	0.44	0.89	0.71	0.95	0.72	0.95	0.97	0.97	0.85	0.84	0.92	0.81	0.95	0.28	0.99	-0.52
Short Long Term Debt Total	0.95		0.24	0.95	0.9	0.94	0.99	0.48	0.94	0.68	0.31	0.75	0.82	0.93	0.75	0.81	0.98	0.93	0.8	0.83	0.87	0.77	0.86	0.44	0.94	-0.58
Other Current Liab	0.31	0.24		0.32	0.3	0.34	0.27	-0.04	0.35	0.48	-0.1	0.35	0.25	0.22	0.22	0.27	0.31	0.21	0.16	0.3	0.25	0.25	0.4	0.15	0.31	0.08
Total Current Liabilities	0.98	0.95	0.32		0.96	0.97	0.92	0.55	0.97	0.62	0.36	0.85	0.67	0.93	0.72	0.9	0.97	0.97	0.87	0.87	0.94	0.83	0.92	0.35	0.97	-0.6
Total Stockholder Equity	0.99	0.9	0.3	0.96		0.99	0.85	0.66	0.99	0.64	0.46	0.94	0.62	0.92	0.7	0.98	0.93	0.95	0.84	0.81	0.94	0.78	0.97	0.18	0.98	-0.49
Property Plant And Equipment Net	0.99	0.94	0.34	0.97	0.99		0.9	0.62	1.0	0.7	0.41	0.92	0.69	0.92	0.7	0.95	0.96	0.95	0.83	0.81	0.93	0.77	0.98	0.25	0.99	-0.5
Net Debt	0.91	0.99	0.27	0.92	0.85	0.9		0.34	0.91	0.67	0.2	0.69	0.81	0.89	0.75	0.74	0.96	0.89	0.77	0.82	0.86	0.72	0.82	0.49	0.91	-0.61
Cash	0.63	0.48	-0.04	0.55	0.66	0.62	0.34		0.61	0.3	0.82	0.67	0.42	0.64	0.34	0.74	0.56	0.66	0.51	0.44	0.46	0.66	0.62	-0.13	0.56	-0.04
Non Current Assets Total	0.99	0.94	0.35	0.97	0.99	1.0	0.91	0.61		0.71	0.4	0.92	0.69	0.92	0.7	0.95	0.96	0.94	0.83	0.81	0.93	0.77	0.98	0.26	0.99	-0.5
Non Currrent Assets Other	0.66	0.68	0.48	0.62	0.64	0.7	0.67	0.3	0.71		0.05	0.68	0.49	0.49	0.43	0.58	0.64	0.52	0.49	0.37	0.65	0.29	0.75	-0.05	0.7	-0.18
Cash And Short Term Investments	0.44	0.31	-0.1	0.36	0.46	0.41	0.2	0.82	0.4	0.05		0.46	0.38	0.47	0.33	0.55	0.38	0.51	0.45	0.43	0.28	0.54	0.4	-0.12	0.33	0.17
Common Stock Shares Outstanding	0.89	0.75	0.35	0.85	0.94	0.92	0.69	0.67	0.92	0.68	0.46		0.41	0.75	0.6	0.97	0.78	0.81	0.71	0.64	0.89	0.6	0.97	-0.06	0.9	-0.29
Non Current Liabilities Total	0.71	0.82	0.25	0.67	0.62	0.69	0.81	0.42	0.69	0.49	0.38	0.41		0.81	0.64	0.53	0.82	0.73	0.57	0.72	0.48	0.75	0.58	0.56	0.66	-0.34
Inventory	0.95	0.93	0.22	0.93	0.92	0.92	0.89	0.64	0.92	0.49	0.47	0.75	0.81		0.72	0.87	0.96	0.98	0.8	0.87	0.8	0.89	0.83	0.37	0.91	-0.54
Other Current Assets	0.72	0.75	0.22	0.72	0.7	0.7	0.75	0.34	0.7	0.43	0.33	0.6	0.64	0.72		0.64	0.72	0.73	0.63	0.79	0.72	0.68	0.65	0.39	0.7	-0.53
Other Stockholder Equity	0.95	0.81	0.27	0.9	0.98	0.95	0.74	0.74	0.95	0.58	0.55	0.97	0.53	0.87	0.64		0.85	0.91	0.79	0.75	0.89	0.73	0.95	0.03	0.93	-0.38
Total Liab	0.97	0.98	0.31	0.97	0.93	0.96	0.96	0.56	0.96	0.64	0.38	0.78	0.82	0.96	0.72	0.85		0.97	0.82	0.86	0.87	0.84	0.89	0.43	0.95	-0.55
Total Current Assets	0.97	0.93	0.21	0.97	0.95	0.95	0.89	0.66	0.94	0.52	0.51	0.81	0.73	0.98	0.73	0.91	0.97		0.85	0.89	0.88	0.88	0.87	0.32	0.94	-0.55
Common Stock	0.85	0.8	0.16	0.87	0.84	0.83	0.77	0.51	0.83	0.49	0.45	0.71	0.57	0.8	0.63	0.79	0.82	0.85		0.86	0.84	0.78	0.76	0.26	0.83	-0.63
Net Receivables	0.84	0.83	0.3	0.87	0.81	0.81	0.82	0.44	0.81	0.37	0.43	0.64	0.72	0.87	0.79	0.75	0.86	0.89	0.86		0.78	0.9	0.71	0.42	0.8	-0.57
Short Term Debt	0.92	0.87	0.25	0.94	0.94	0.93	0.86	0.46	0.93	0.65	0.28	0.89	0.48	0.8	0.72	0.89	0.87	0.88	0.84	0.78		0.64	0.92	0.19	0.95	-0.59
Accounts Payable	0.81	0.77	0.25	0.83	0.78	0.77	0.72	0.66	0.77	0.29	0.54	0.6	0.75	0.89	0.68	0.73	0.84	0.88	0.78	0.9	0.64		0.68	0.44	0.75	-0.47
Intangible Assets	0.95	0.86	0.4	0.92	0.97	0.98	0.82	0.62	0.98	0.75	0.4	0.97	0.58	0.83	0.65	0.95	0.89	0.87	0.76	0.71	0.92	0.68		0.12	0.97	-0.37
Current Deferred Revenue	0.28	0.44	0.15	0.35	0.18	0.25	0.49	-0.13	0.26	-0.05	-0.12	-0.06	0.56	0.37	0.39	0.03	0.43	0.32	0.26	0.42	0.19	0.44	0.12		0.26	-0.52
Retained Earnings	0.99	0.94	0.31	0.97	0.98	0.99	0.91	0.56	0.99	0.7	0.33	0.9	0.66	0.91	0.7	0.93	0.95	0.94	0.83	0.8	0.95	0.75	0.97	0.26		-0.55
Short Term Investments	-0.52	-0.58	0.08	-0.6	-0.49	-0.5	-0.61	-0.04	-0.5	-0.18	0.17	-0.29	-0.34	-0.54	-0.53	-0.38	-0.55	-0.55	-0.63	-0.57	-0.59	-0.47	-0.37	-0.52	-0.55

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Shaily Engineering Account Relationship Matchups

Shaily Engineering fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.8B	4.7B	6.8B	6.9B	7.8B	8.2B
Short Long Term Debt Total	1.3B	2.0B	1.8B	1.9B	2.1B	2.2B
Other Current Liab	152.2M	234.4M	93.8M	301.0M	191.5M	136.9M
Total Current Liabilities	1.4B	1.4B	1.9B	2.1B	2.3B	2.4B
Total Stockholder Equity	1.6B	1.8B	3.7B	4.0B	4.6B	4.8B
Property Plant And Equipment Net	1.9B	2.4B	3.4B	4.0B	4.5B	4.7B
Net Debt	1.3B	2.0B	1.4B	1.7B	1.9B	2.0B
Cash	70.2M	9.8M	351.5M	191.4M	222.2M	233.3M
Non Current Assets Total	2.2B	2.9B	3.8B	4.5B	5.2B	5.4B
Non Currrent Assets Other	(89.7K)	231.4M	(3K)	172.1M	214.6M	225.3M
Cash And Short Term Investments	70.2M	9.8M	431.5M	275.2M	224.1M	121.5M
Liabilities And Stockholders Equity	3.8B	4.7B	6.8B	6.9B	7.8B	8.2B
Non Current Liabilities Total	812.8M	1.4B	1.2B	831.1M	940.6M	614.8M
Inventory	496.9M	668.7M	1.1B	729.7M	836.0M	877.8M
Other Current Assets	275.6M	342.4M	364.8M	525.5M	427.7M	235.6M
Total Liab	2.2B	2.9B	3.1B	2.9B	3.2B	3.4B
Total Current Assets	1.6B	1.8B	3.0B	2.4B	2.7B	2.8B
Net Receivables	689.4M	747.4M	1.1B	999.3M	1.2B	656.7M
Short Term Debt	607.7M	619.7M	726.5M	1.2B	1.4B	1.5B
Accounts Payable	519.4M	384.8M	855.6M	534.0M	686.6M	384.0M
Intangible Assets	109.1M	132.9M	214.8M	371.8M	424.1M	445.3M
Current Deferred Revenue	264.3M	147.1M	86.6M	115.6M	25.9M	24.6M
Retained Earnings	1.2B	1.4B	1.7B	2.1B	2.6B	2.8B
Accumulated Other Comprehensive Income	25.7M	32.2M	35.7M	39.5M	51.3M	29.9M

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Other Information on Investing in Shaily Stock

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

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Shaily Cash vs Intangible Assets Analysis

Cash vs Intangible Assets

Cash vs Intangible Assets Correlation Analysis

Correlation Coefficient

Cash

Intangible Assets

Shaily Engineering fundamental ratios Correlations

Shaily Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shaily Engineering fundamental ratios Accounts

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Other Information on Investing in Shaily Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Short Term Investments	- 0.63	Common Stock
Short Term Investments	- 0.61	Net Debt
Short Term Investments	- 0.6	Total Current Liabilities
Short Term Investments	- 0.59	Short Term Debt
Short Term Investments	- 0.58	Short Long Term Debt Total
Short Term Investments	- 0.57	Net Receivables