Shriram Property Plant And Equipment Net vs Net Debt 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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shriram Finance Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shriram Finance's Property Plant And Equipment Net and Net Debt is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Shriram Finance Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Shriram Finance's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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 Profit73.5B136.0B117.5B123.4B
Total Revenue92.9B168.6B161.1B169.2B

Shriram Finance fundamental ratios Correlations

0.990.96-0.670.080.730.911.00.770.990.0-0.410.99-0.440.430.770.55-0.550.81-0.350.160.93-0.2-0.740.890.98
0.990.97-0.660.050.720.930.990.760.980.03-0.390.97-0.420.450.780.58-0.490.79-0.280.210.93-0.14-0.740.90.98
0.960.97-0.68-0.010.640.920.960.690.950.02-0.420.95-0.420.420.80.55-0.480.77-0.340.190.92-0.06-0.760.890.97
-0.67-0.66-0.680.28-0.32-0.7-0.67-0.36-0.680.570.73-0.680.19-0.11-0.69-0.140.4-0.40.480.31-0.610.020.73-0.77-0.65
0.080.05-0.010.280.34-0.280.090.330.13-0.14-0.240.13-0.20.45-0.570.19-0.360.25-0.37-0.110.17-0.40.58-0.370.05
0.730.720.64-0.320.340.580.730.990.72-0.04-0.090.7-0.050.580.380.68-0.640.57-0.350.30.63-0.6-0.370.510.64
0.910.930.92-0.7-0.280.580.90.630.870.09-0.240.86-0.320.260.920.48-0.290.67-0.090.260.80.01-0.870.960.9
1.00.990.96-0.670.090.730.90.761.0-0.01-0.420.99-0.440.430.760.55-0.560.81-0.370.140.93-0.22-0.730.890.98
0.770.760.69-0.360.330.990.630.760.75-0.03-0.140.74-0.110.620.420.73-0.60.61-0.30.340.7-0.49-0.390.550.69
0.990.980.95-0.680.130.720.871.00.75-0.06-0.481.0-0.460.430.730.52-0.60.81-0.430.080.93-0.24-0.720.870.98
0.00.030.020.57-0.14-0.040.09-0.01-0.03-0.060.67-0.07-0.320.00.140.230.430.130.580.67-0.010.27-0.030.030.06
-0.41-0.39-0.420.73-0.24-0.09-0.24-0.42-0.14-0.480.67-0.490.41-0.14-0.140.040.38-0.360.630.58-0.48-0.060.22-0.31-0.45
0.990.970.95-0.680.130.70.860.990.741.0-0.07-0.49-0.470.370.730.47-0.60.82-0.440.030.91-0.24-0.720.870.97
-0.44-0.42-0.420.19-0.2-0.05-0.32-0.44-0.11-0.46-0.320.41-0.47-0.12-0.24-0.13-0.13-0.550.150.02-0.5-0.310.18-0.32-0.53
0.430.450.42-0.110.450.580.260.430.620.430.0-0.140.37-0.120.060.92-0.40.26-0.110.590.65-0.260.050.180.42
0.770.780.8-0.69-0.570.380.920.760.420.730.14-0.140.73-0.240.060.33-0.210.52-0.030.220.650.09-0.970.970.78
0.550.580.55-0.140.190.680.480.550.730.520.230.040.47-0.130.920.33-0.340.350.050.770.7-0.17-0.220.390.54
-0.55-0.49-0.480.4-0.36-0.64-0.29-0.56-0.6-0.60.430.38-0.6-0.13-0.4-0.21-0.34-0.340.650.18-0.510.670.3-0.35-0.47
0.810.790.77-0.40.250.570.670.810.610.810.13-0.360.82-0.550.260.520.35-0.34-0.260.070.71-0.15-0.50.660.79
-0.35-0.28-0.340.48-0.37-0.35-0.09-0.37-0.3-0.430.580.63-0.440.15-0.11-0.030.050.65-0.260.56-0.310.560.15-0.18-0.31
0.160.210.190.31-0.110.30.260.140.340.080.670.580.030.020.590.220.770.180.070.560.270.1-0.050.150.17
0.930.930.92-0.610.170.630.80.930.70.93-0.01-0.480.91-0.50.650.650.7-0.510.71-0.310.27-0.07-0.580.780.95
-0.2-0.14-0.060.02-0.4-0.60.01-0.22-0.49-0.240.27-0.06-0.24-0.31-0.260.09-0.170.67-0.150.560.1-0.07-0.02-0.02-0.06
-0.74-0.74-0.760.730.58-0.37-0.87-0.73-0.39-0.72-0.030.22-0.720.180.05-0.97-0.220.3-0.50.15-0.05-0.58-0.02-0.95-0.73
0.890.90.89-0.77-0.370.510.960.890.550.870.03-0.310.87-0.320.180.970.39-0.350.66-0.180.150.78-0.02-0.950.89
0.980.980.97-0.650.050.640.90.980.690.980.06-0.450.97-0.530.420.780.54-0.470.79-0.310.170.95-0.06-0.730.89
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Shriram Finance Account Relationship Matchups

Shriram Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1T1.3T1.4T2.1T2.5T2.6T
Total Stockholder Equity181.4B217.2B260.9B435.1B489.5B513.9B
Property Plant And Equipment Net4.8B4.3B4.1B7.5B9.4B9.9B
Non Currrent Assets Other(4.9B)(6.6B)(9.3B)(23.2B)(138.1B)(131.2B)
Other Assets1.1T1.1T1.2T1.9T(155.2B)(147.5B)
Common Stock Shares Outstanding239.0M246.3M266.2M376.1M376.4M245.2M
Liabilities And Stockholders Equity1.1T1.3T1.4T2.1T2.5T2.6T
Total Liab961.2B1.1T1.2T1.7T2.0T2.1T
Common Stock2.3B2.5B2.7B3.7B3.8B2.5B
Short Long Term Debt Total829.8B903.7B929.2B1.3T1.5T1.6T
Other Current Liab(1.4B)(2.6B)(2.0B)(5.1B)3.6B5.0B
Total Current Liabilities1.4B2.6B1.7B3.1B8.7B8.2B
Net Debt793.7B789.2B816.3B1.2T1.4T1.5T
Accounts Payable1.4B1.6B1.7B3.5B2.7B2.6B
Cash35.0B114.5B112.9B104.9B62.6B55.6B
Non Current Assets Total4.9B39.5B75.9B118.8B2.5T2.6T
Cash And Short Term Investments30.9B114.5B112.9B104.9B111.7B70.6B
Net Receivables267.1M2.2B2.1B4.6B3.9B3.7B
Non Current Liabilities Total582.6B903.7B1.7B1.3T988.8B1.0T
Other Current Assets(73.3B)88M123.7M363M460M437M
Total Current Assets30.9B116.7B115.0B109.5B116.1B93.6B
Inventory73.0B165.0B165.5B167.5B192.7B202.3B
Short Term Investments(4.1B)28.5B37.7B9.8B49.1B26.2B
Current Deferred Revenue(241.1B)138.1M232.6M373.6M(1.5T)(1.4T)
Short Term Debt242.6B329.0B321.6B525.4B1.5T1.6T
Retained Earnings93.9B105.3B123.6B157.0B192.8B202.4B
Accumulated Other Comprehensive Income67.7B77.3B78.1B117.5B263.5M250.3M
Intangible Assets26.7M23.9M30.4M12.8B10.3B10.9B

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Other Information on Investing in Shriram Stock

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.