Shriram Change In Working Capital vs Capital Expenditures Analysis

SHRIRAMFIN

3,248 61.75 1.94%

Shriram Finance financial indicator trend analysis is much more than just breaking down Shriram Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shriram Finance is a good investment. Please check the relationship between Shriram Finance Change In Working Capital and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shriram 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 metropolitan statistical area.

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shriram Finance Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.

The correlation between Shriram Finance's Change In Working Capital and Capital Expenditures is -0.91. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Shriram Finance Limited, assuming nothing else is changed. The correlation between historical values of Shriram Finance's Change In Working Capital and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Shriram Finance Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., Shriram Finance's Change In Working Capital and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.91

Relationship Direction	Negative
Relationship Strength	Significant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Capital Expenditures

Capital Expenditures are funds used by Shriram Finance to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Shriram Finance operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Shriram Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shriram 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shriram 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 metropolitan statistical area.

As of the 12th of December 2024, Selling General Administrative is likely to drop to about 1.7 B. In addition to that, Tax Provision is likely to drop to about 13.1 B

	2021	2022	2023	2024 (projected)
Gross Profit	73.5B	136.0B	117.5B	123.4B
Total Revenue	92.9B	168.6B	161.1B	169.2B

Gross Profit Total Revenue

Shriram Finance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Common Stock	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Inventory	Short Term Investments	Current Deferred Revenue	Short Term Debt	Retained Earnings
Total Assets		0.99	0.96	-0.67	0.08	0.73	0.91	1.0	0.77	0.99	0.0	-0.41	0.99	-0.44	0.43	0.77	0.55	-0.55	0.81	-0.35	0.16	0.93	-0.2	-0.74	0.89	0.98
Total Stockholder Equity	0.99		0.97	-0.66	0.05	0.72	0.93	0.99	0.76	0.98	0.03	-0.39	0.97	-0.42	0.45	0.78	0.58	-0.49	0.79	-0.28	0.21	0.93	-0.14	-0.74	0.9	0.98
Property Plant And Equipment Net	0.96	0.97		-0.68	-0.01	0.64	0.92	0.96	0.69	0.95	0.02	-0.42	0.95	-0.42	0.42	0.8	0.55	-0.48	0.77	-0.34	0.19	0.92	-0.06	-0.76	0.89	0.97
Non Currrent Assets Other	-0.67	-0.66	-0.68		0.28	-0.32	-0.7	-0.67	-0.36	-0.68	0.57	0.73	-0.68	0.19	-0.11	-0.69	-0.14	0.4	-0.4	0.48	0.31	-0.61	0.02	0.73	-0.77	-0.65
Other Assets	0.08	0.05	-0.01	0.28		0.34	-0.28	0.09	0.33	0.13	-0.14	-0.24	0.13	-0.2	0.45	-0.57	0.19	-0.36	0.25	-0.37	-0.11	0.17	-0.4	0.58	-0.37	0.05
Common Stock Shares Outstanding	0.73	0.72	0.64	-0.32	0.34		0.58	0.73	0.99	0.72	-0.04	-0.09	0.7	-0.05	0.58	0.38	0.68	-0.64	0.57	-0.35	0.3	0.63	-0.6	-0.37	0.51	0.64
Other Stockholder Equity	0.91	0.93	0.92	-0.7	-0.28	0.58		0.9	0.63	0.87	0.09	-0.24	0.86	-0.32	0.26	0.92	0.48	-0.29	0.67	-0.09	0.26	0.8	0.01	-0.87	0.96	0.9
Total Liab	1.0	0.99	0.96	-0.67	0.09	0.73	0.9		0.76	1.0	-0.01	-0.42	0.99	-0.44	0.43	0.76	0.55	-0.56	0.81	-0.37	0.14	0.93	-0.22	-0.73	0.89	0.98
Common Stock	0.77	0.76	0.69	-0.36	0.33	0.99	0.63	0.76		0.75	-0.03	-0.14	0.74	-0.11	0.62	0.42	0.73	-0.6	0.61	-0.3	0.34	0.7	-0.49	-0.39	0.55	0.69
Short Long Term Debt Total	0.99	0.98	0.95	-0.68	0.13	0.72	0.87	1.0	0.75		-0.06	-0.48	1.0	-0.46	0.43	0.73	0.52	-0.6	0.81	-0.43	0.08	0.93	-0.24	-0.72	0.87	0.98
Other Current Liab	0.0	0.03	0.02	0.57	-0.14	-0.04	0.09	-0.01	-0.03	-0.06		0.67	-0.07	-0.32	0.0	0.14	0.23	0.43	0.13	0.58	0.67	-0.01	0.27	-0.03	0.03	0.06
Total Current Liabilities	-0.41	-0.39	-0.42	0.73	-0.24	-0.09	-0.24	-0.42	-0.14	-0.48	0.67		-0.49	0.41	-0.14	-0.14	0.04	0.38	-0.36	0.63	0.58	-0.48	-0.06	0.22	-0.31	-0.45
Net Debt	0.99	0.97	0.95	-0.68	0.13	0.7	0.86	0.99	0.74	1.0	-0.07	-0.49		-0.47	0.37	0.73	0.47	-0.6	0.82	-0.44	0.03	0.91	-0.24	-0.72	0.87	0.97
Accounts Payable	-0.44	-0.42	-0.42	0.19	-0.2	-0.05	-0.32	-0.44	-0.11	-0.46	-0.32	0.41	-0.47		-0.12	-0.24	-0.13	-0.13	-0.55	0.15	0.02	-0.5	-0.31	0.18	-0.32	-0.53
Cash	0.43	0.45	0.42	-0.11	0.45	0.58	0.26	0.43	0.62	0.43	0.0	-0.14	0.37	-0.12		0.06	0.92	-0.4	0.26	-0.11	0.59	0.65	-0.26	0.05	0.18	0.42
Non Current Assets Total	0.77	0.78	0.8	-0.69	-0.57	0.38	0.92	0.76	0.42	0.73	0.14	-0.14	0.73	-0.24	0.06		0.33	-0.21	0.52	-0.03	0.22	0.65	0.09	-0.97	0.97	0.78
Cash And Short Term Investments	0.55	0.58	0.55	-0.14	0.19	0.68	0.48	0.55	0.73	0.52	0.23	0.04	0.47	-0.13	0.92	0.33		-0.34	0.35	0.05	0.77	0.7	-0.17	-0.22	0.39	0.54
Net Receivables	-0.55	-0.49	-0.48	0.4	-0.36	-0.64	-0.29	-0.56	-0.6	-0.6	0.43	0.38	-0.6	-0.13	-0.4	-0.21	-0.34		-0.34	0.65	0.18	-0.51	0.67	0.3	-0.35	-0.47
Non Current Liabilities Total	0.81	0.79	0.77	-0.4	0.25	0.57	0.67	0.81	0.61	0.81	0.13	-0.36	0.82	-0.55	0.26	0.52	0.35	-0.34		-0.26	0.07	0.71	-0.15	-0.5	0.66	0.79
Other Current Assets	-0.35	-0.28	-0.34	0.48	-0.37	-0.35	-0.09	-0.37	-0.3	-0.43	0.58	0.63	-0.44	0.15	-0.11	-0.03	0.05	0.65	-0.26		0.56	-0.31	0.56	0.15	-0.18	-0.31
Total Current Assets	0.16	0.21	0.19	0.31	-0.11	0.3	0.26	0.14	0.34	0.08	0.67	0.58	0.03	0.02	0.59	0.22	0.77	0.18	0.07	0.56		0.27	0.1	-0.05	0.15	0.17
Inventory	0.93	0.93	0.92	-0.61	0.17	0.63	0.8	0.93	0.7	0.93	-0.01	-0.48	0.91	-0.5	0.65	0.65	0.7	-0.51	0.71	-0.31	0.27		-0.07	-0.58	0.78	0.95
Short Term Investments	-0.2	-0.14	-0.06	0.02	-0.4	-0.6	0.01	-0.22	-0.49	-0.24	0.27	-0.06	-0.24	-0.31	-0.26	0.09	-0.17	0.67	-0.15	0.56	0.1	-0.07		-0.02	-0.02	-0.06
Current Deferred Revenue	-0.74	-0.74	-0.76	0.73	0.58	-0.37	-0.87	-0.73	-0.39	-0.72	-0.03	0.22	-0.72	0.18	0.05	-0.97	-0.22	0.3	-0.5	0.15	-0.05	-0.58	-0.02		-0.95	-0.73
Short Term Debt	0.89	0.9	0.89	-0.77	-0.37	0.51	0.96	0.89	0.55	0.87	0.03	-0.31	0.87	-0.32	0.18	0.97	0.39	-0.35	0.66	-0.18	0.15	0.78	-0.02	-0.95		0.89
Retained Earnings	0.98	0.98	0.97	-0.65	0.05	0.64	0.9	0.98	0.69	0.98	0.06	-0.45	0.97	-0.53	0.42	0.78	0.54	-0.47	0.79	-0.31	0.17	0.95	-0.06	-0.73	0.89

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Shriram Finance Account Relationship Matchups

Shriram Finance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1T	1.3T	1.4T	2.1T	2.5T	2.6T
Total Stockholder Equity	181.4B	217.2B	260.9B	435.1B	489.5B	513.9B
Property Plant And Equipment Net	4.8B	4.3B	4.1B	7.5B	9.4B	9.9B
Non Currrent Assets Other	(4.9B)	(6.6B)	(9.3B)	(23.2B)	(138.1B)	(131.2B)
Other Assets	1.1T	1.1T	1.2T	1.9T	(155.2B)	(147.5B)
Common Stock Shares Outstanding	239.0M	246.3M	266.2M	376.1M	376.4M	245.2M
Liabilities And Stockholders Equity	1.1T	1.3T	1.4T	2.1T	2.5T	2.6T
Total Liab	961.2B	1.1T	1.2T	1.7T	2.0T	2.1T
Common Stock	2.3B	2.5B	2.7B	3.7B	3.8B	2.5B
Short Long Term Debt Total	829.8B	903.7B	929.2B	1.3T	1.5T	1.6T
Other Current Liab	(1.4B)	(2.6B)	(2.0B)	(5.1B)	3.6B	5.0B
Total Current Liabilities	1.4B	2.6B	1.7B	3.1B	8.7B	8.2B
Net Debt	793.7B	789.2B	816.3B	1.2T	1.4T	1.5T
Accounts Payable	1.4B	1.6B	1.7B	3.5B	2.7B	2.6B
Cash	35.0B	114.5B	112.9B	104.9B	62.6B	55.6B
Non Current Assets Total	4.9B	39.5B	75.9B	118.8B	2.5T	2.6T
Cash And Short Term Investments	30.9B	114.5B	112.9B	104.9B	111.7B	70.6B
Net Receivables	267.1M	2.2B	2.1B	4.6B	3.9B	3.7B
Non Current Liabilities Total	582.6B	903.7B	1.7B	1.3T	988.8B	1.0T
Other Current Assets	(73.3B)	88M	123.7M	363M	460M	437M
Total Current Assets	30.9B	116.7B	115.0B	109.5B	116.1B	93.6B
Inventory	73.0B	165.0B	165.5B	167.5B	192.7B	202.3B
Short Term Investments	(4.1B)	28.5B	37.7B	9.8B	49.1B	26.2B
Current Deferred Revenue	(241.1B)	138.1M	232.6M	373.6M	(1.5T)	(1.4T)
Short Term Debt	242.6B	329.0B	321.6B	525.4B	1.5T	1.6T
Retained Earnings	93.9B	105.3B	123.6B	157.0B	192.8B	202.4B
Accumulated Other Comprehensive Income	67.7B	77.3B	78.1B	117.5B	263.5M	250.3M
Intangible Assets	26.7M	23.9M	30.4M	12.8B	10.3B	10.9B

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

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Shriram Change In Working Capital vs Capital Expenditures Analysis

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Working Capital

Capital Expenditures

Shriram Finance fundamental ratios Correlations

Shriram Finance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shriram Finance fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Short Long Term Debt Total	+ 1.0	Total Liab
Net Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Short Long Term Debt Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Total Assets

Current Deferred Revenue	- 0.97	Non Current Assets Total
Short Term Debt	- 0.95	Current Deferred Revenue
Current Deferred Revenue	- 0.87	Other Stockholder Equity
Short Term Debt	- 0.77	Non Currrent Assets Other
Current Deferred Revenue	- 0.76	Property Plant And Equipment Net
Current Deferred Revenue	- 0.74	Total Stockholder Equity