Sumeet Net Borrowings vs Free Cash Flow Analysis

SUMEETINDS

97.80 0.00 0.00%

Sumeet Industries financial indicator trend analysis is much more than just breaking down Sumeet Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sumeet Industries is a good investment. Please check the relationship between Sumeet Industries Net Borrowings and its Free Cash Flow accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumeet Industries 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.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumeet Industries Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Sumeet Industries' Net Borrowings and Free Cash Flow is -0.78. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Sumeet Industries Limited, assuming nothing else is changed. The correlation between historical values of Sumeet Industries' Net Borrowings and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Sumeet Industries Limited are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., Sumeet Industries' Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Sumeet Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sumeet Industries 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 Sumeet Industries 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 Sumeet Industries' current Selling General Administrative is estimated to increase to about 297.9 M, while Tax Provision is forecasted to increase to (42.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	244.6M	70.6M	181K	172.0K
Depreciation And Amortization	314.1M	274.9M	239.1M	246.5M

Interest Expense Depreciation And Amortization

Sumeet Industries 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	Accounts Payable	Net Receivables	Short Term Debt	Current Deferred Revenue	Retained Earnings	Other Liab	Net Tangible Assets
Total Assets		0.52	0.05	0.45	0.7	0.92	0.42	0.76	0.95	0.27	0.76	0.15	0.73	0.97	0.15	0.57	0.77	0.97	0.14	0.77	0.84	-0.01	-0.02	0.49	0.66	0.5
Short Long Term Debt Total	0.52		0.19	0.96	-0.14	0.29	0.99	0.12	0.39	0.08	0.12	0.83	-0.03	0.62	0.29	0.37	0.92	0.57	0.8	0.34	0.45	0.79	-0.29	-0.39	0.23	-0.4
Other Current Liab	0.05	0.19		0.32	-0.16	0.02	0.21	-0.29	0.07	0.24	-0.29	0.19	-0.14	0.06	0.56	0.07	0.25	0.03	0.2	0.17	0.06	0.31	-0.96	-0.19	0.07	-0.24
Total Current Liabilities	0.45	0.96	0.32		-0.19	0.18	0.95	0.07	0.29	0.11	0.07	0.81	-0.17	0.53	0.26	0.38	0.89	0.53	0.82	0.36	0.46	0.85	-0.42	-0.42	0.23	-0.44
Total Stockholder Equity	0.7	-0.14	-0.16	-0.19		0.74	-0.24	0.75	0.71	0.2	0.75	-0.46	0.8	0.62	-0.09	0.4	0.16	0.65	-0.45	0.51	0.68	-0.59	0.24	0.96	0.66	0.94
Property Plant And Equipment Net	0.92	0.29	0.02	0.18	0.74		0.22	0.72	0.99	0.21	0.72	0.03	0.91	0.86	0.21	0.34	0.61	0.81	-0.01	0.73	0.62	-0.28	0.07	0.59	0.48	0.57
Net Debt	0.42	0.99	0.21	0.95	-0.24	0.22		0.01	0.32	0.02	0.01	0.87	-0.09	0.53	0.32	0.28	0.88	0.47	0.85	0.28	0.35	0.82	-0.32	-0.48	0.11	-0.5
Cash	0.76	0.12	-0.29	0.07	0.75	0.72	0.01		0.67	0.13	1.0	-0.18	0.67	0.68	-0.28	0.47	0.38	0.77	-0.19	0.7	0.7	-0.37	0.31	0.66	0.59	0.73
Non Current Assets Total	0.95	0.39	0.07	0.29	0.71	0.99	0.32	0.67		0.25	0.67	0.11	0.86	0.9	0.28	0.39	0.69	0.85	0.08	0.72	0.66	-0.16	0.01	0.53	0.51	0.51
Non Currrent Assets Other	0.27	0.08	0.24	0.11	0.2	0.21	0.02	0.13	0.25		0.13	-0.08	0.13	0.33	0.17	0.14	0.17	0.27	-0.06	0.18	0.21	0.04	-0.2	0.18	0.28	0.16
Cash And Short Term Investments	0.76	0.12	-0.29	0.07	0.75	0.72	0.01	1.0	0.67	0.13		-0.18	0.67	0.68	-0.28	0.47	0.38	0.77	-0.19	0.7	0.7	-0.37	0.31	0.66	0.59	0.73
Common Stock Shares Outstanding	0.15	0.83	0.19	0.81	-0.46	0.03	0.87	-0.18	0.11	-0.08	-0.18		-0.2	0.24	0.31	0.1	0.7	0.17	0.95	0.0	0.06	0.8	-0.23	-0.67	-0.16	-0.66
Non Current Liabilities Total	0.73	-0.03	-0.14	-0.17	0.8	0.91	-0.09	0.67	0.86	0.13	0.67	-0.2		0.64	0.15	0.17	0.29	0.59	-0.24	0.57	0.44	-0.59	0.25	0.73	0.32	0.71
Inventory	0.97	0.62	0.06	0.53	0.62	0.86	0.53	0.68	0.9	0.33	0.68	0.24	0.64		0.14	0.54	0.82	0.96	0.22	0.69	0.82	0.12	-0.05	0.39	0.64	0.39
Other Current Assets	0.15	0.29	0.56	0.26	-0.09	0.21	0.32	-0.28	0.28	0.17	-0.28	0.31	0.15	0.14		0.1	0.32	0.05	0.24	0.15	-0.05	0.21	-0.55	-0.14	0.04	-0.21
Other Stockholder Equity	0.57	0.37	0.07	0.38	0.4	0.34	0.28	0.47	0.39	0.14	0.47	0.1	0.17	0.54	0.1		0.45	0.66	0.09	0.3	0.74	0.21	-0.09	0.27	0.88	0.32
Total Liab	0.77	0.92	0.25	0.89	0.16	0.61	0.88	0.38	0.69	0.17	0.38	0.7	0.29	0.82	0.32	0.45		0.79	0.68	0.62	0.64	0.56	-0.29	-0.1	0.37	-0.12
Total Current Assets	0.97	0.57	0.03	0.53	0.65	0.81	0.47	0.77	0.85	0.27	0.77	0.17	0.59	0.96	0.05	0.66	0.79		0.18	0.75	0.92	0.1	-0.03	0.44	0.73	0.46
Common Stock	0.14	0.8	0.2	0.82	-0.45	-0.01	0.85	-0.19	0.08	-0.06	-0.19	0.95	-0.24	0.22	0.24	0.09	0.68	0.18		0.01	0.12	0.81	-0.23	-0.66	-0.2	-0.65
Accounts Payable	0.77	0.34	0.17	0.36	0.51	0.73	0.28	0.7	0.72	0.18	0.7	0.0	0.57	0.69	0.15	0.3	0.62	0.75	0.01		0.63	-0.13	-0.22	0.41	0.37	0.38
Net Receivables	0.84	0.45	0.06	0.46	0.68	0.62	0.35	0.7	0.66	0.21	0.7	0.06	0.44	0.82	-0.05	0.74	0.64	0.92	0.12	0.63		0.08	-0.07	0.5	0.78	0.53
Short Term Debt	-0.01	0.79	0.31	0.85	-0.59	-0.28	0.82	-0.37	-0.16	0.04	-0.37	0.8	-0.59	0.12	0.21	0.21	0.56	0.1	0.81	-0.13	0.08		-0.41	-0.76	0.0	-0.76
Current Deferred Revenue	-0.02	-0.29	-0.96	-0.42	0.24	0.07	-0.32	0.31	0.01	-0.2	0.31	-0.23	0.25	-0.05	-0.55	-0.09	-0.29	-0.03	-0.23	-0.22	-0.07	-0.41		0.27	-0.06	0.33
Retained Earnings	0.49	-0.39	-0.19	-0.42	0.96	0.59	-0.48	0.66	0.53	0.18	0.66	-0.67	0.73	0.39	-0.14	0.27	-0.1	0.44	-0.66	0.41	0.5	-0.76	0.27		0.55	0.98
Other Liab	0.66	0.23	0.07	0.23	0.66	0.48	0.11	0.59	0.51	0.28	0.59	-0.16	0.32	0.64	0.04	0.88	0.37	0.73	-0.2	0.37	0.78	0.0	-0.06	0.55		0.57
Net Tangible Assets	0.5	-0.4	-0.24	-0.44	0.94	0.57	-0.5	0.73	0.51	0.16	0.73	-0.66	0.71	0.39	-0.21	0.32	-0.12	0.46	-0.65	0.38	0.53	-0.76	0.33	0.98	0.57

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Sumeet Industries Account Relationship Matchups

Sumeet Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	6.3B	6.0B	4.5B	4.3B	6.8B
Short Long Term Debt Total	6.0B	5.8B	5.4B	4.9B	4.9B	4.3B
Other Current Liab	5.9B	76.1M	84.3M	64.4M	288.0M	557.1M
Total Current Liabilities	7.1B	6.0B	5.6B	4.9B	5.3B	3.9B
Total Stockholder Equity	(537.4M)	(543.7M)	(528.2M)	(1.2B)	(1.8B)	(1.7B)
Property Plant And Equipment Net	2.8B	2.4B	2.1B	1.8B	1.6B	2.9B
Net Debt	5.7B	5.5B	5.1B	4.8B	4.7B	4.0B
Cash	5.1M	8.3M	3.1M	46.3M	211.1M	146.6M
Non Current Assets Total	3.2B	2.9B	2.4B	2.0B	1.8B	3.1B
Non Currrent Assets Other	418.2M	455.3M	239.0M	(1.8B)	153.3M	161.0M
Cash And Short Term Investments	5.1M	8.3M	3.1M	46.3M	211.1M	146.6M
Liabilities And Stockholders Equity	7.5B	6.3B	6.0B	4.5B	4.3B	6.8B
Non Current Liabilities Total	908.0M	776.1M	868.6M	784.7M	739.6M	1.3B
Inventory	1.7B	1.6B	1.6B	1.0B	1.0B	1.5B
Other Current Assets	2.5B	886.1M	106.5M	422.6M	457.5M	896.8M
Other Stockholder Equity	1.9B	1.2B	674.1M	756.9M	683.2M	895.4M
Total Liab	8.0B	6.8B	6.5B	5.7B	6.0B	5.7B
Total Current Assets	4.2B	3.4B	3.6B	2.5B	2.5B	3.7B
Accumulated Other Comprehensive Income	(1.6B)	152.9M	130.7M	82.8M	(2.8B)	(2.7B)
Accounts Payable	1.4B	357.4M	493.0M	384.1M	527.8M	820.8M
Net Receivables	2.0B	848.9M	1.9B	1.0B	820.2M	779.2M
Short Term Debt	5.6B	5.5B	5.0B	4.5B	4.5B	4.0B
Current Deferred Revenue	(5.8B)	73.6M	69.2M	1.3M	9K	9.5K
Retained Earnings	(2.3B)	(2.4B)	(2.4B)	(2.9B)	(3.5B)	(3.3B)
Other Liab	511.6M	456.7M	404.0M	372.3M	335.0M	414.3M
Net Tangible Assets	845.9M	(537.4M)	(543.7M)	(528.2M)	(475.4M)	(451.6M)
Other Assets	(5.7M)	(420.0)	(1K)	7.4B	8.6B	9.0B
Long Term Debt	396.5M	319.4M	464.6M	412.4M	371.2M	352.6M
Short Long Term Debt	5.6B	4.3B	5.0B	4.5B	4.5B	4.1B
Property Plant Equipment	2.8B	2.4B	2.1B	1.8B	1.7B	2.6B
Long Term Debt Total	396.5M	319.4M	464.6M	412.4M	371.2M	352.6M
Short Term Investments	(178.7M)	(283.5M)	0.0	3.9M	4.5M	4.7M
Cash And Equivalents	5.1M	8.3M	3.1M	46.3M	41.6M	39.6M
Net Invested Capital	5.1B	4.1B	5.0B	3.7B	3.1B	4.0B
Non Current Liabilities Other	28K	22.9M	27.4M	46.1M	45.5M	47.8M
Net Working Capital	(2.8B)	(2.6B)	(2.0B)	(2.4B)	(2.8B)	(2.7B)

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Other Information on Investing in Sumeet Stock

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

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Sumeet Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

Sumeet Industries fundamental ratios Correlations

Sumeet Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sumeet Industries fundamental ratios Accounts

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Other Information on Investing in Sumeet Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Tangible Assets	+ 0.98	Retained Earnings
Inventory	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Total Assets

Current Deferred Revenue	- 0.96	Other Current Liab
Net Tangible Assets	- 0.76	Short Term Debt
Retained Earnings	- 0.76	Short Term Debt
Retained Earnings	- 0.67	Common Stock Shares Outstanding
Retained Earnings	- 0.66	Common Stock
Net Tangible Assets	- 0.66	Common Stock Shares Outstanding