Tata Total Revenue vs Total Current Assets Analysis

TATACHEM   1,104  3.30  0.30%   
Tata Chemicals financial indicator trend analysis is much more than just breaking down Tata Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tata Chemicals is a good investment. Please check the relationship between Tata Chemicals Total Revenue and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tata Chemicals 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 main economic indicators.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tata Chemicals Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tata Chemicals' Total Revenue and Total Current Assets is 0.62. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Tata Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Tata Chemicals' Total Revenue and Total Current 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 Total Revenue of Tata Chemicals Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Tata Chemicals' Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Tata Chemicals generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Tata Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tata Chemicals 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 Tata Chemicals 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 main economic indicators.
The current year's Selling General Administrative is expected to grow to about 2.3 B, whereas Discontinued Operations is projected to grow to (196.7 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.3B4.1B4.3B2.9B
Depreciation And Amortization8.0B8.9B9.8B5.9B

Tata Chemicals fundamental ratios Correlations

0.280.240.520.810.90.320.61-0.050.980.510.42-0.03-0.290.520.590.670.710.53-0.070.70.640.72-0.130.230.81
0.280.320.74-0.010.080.850.350.270.130.120.180.70.640.04-0.060.720.460.190.330.850.750.40.20.64-0.13
0.240.320.310.110.270.190.620.260.170.120.17-0.080.420.09-0.030.360.440.63-0.190.390.390.24-0.190.040.16
0.520.740.310.270.430.770.62-0.040.440.250.050.490.370.30.110.470.710.170.390.850.640.570.00.880.15
0.81-0.010.110.270.830.080.49-0.340.840.370.28-0.26-0.460.70.560.380.510.46-0.220.380.30.68-0.460.050.83
0.90.080.270.430.830.310.7-0.40.950.260.1-0.17-0.280.580.520.480.720.39-0.20.530.320.64-0.310.140.87
0.320.850.190.770.080.310.44-0.250.25-0.15-0.160.630.550.10.050.560.58-0.070.330.770.460.350.150.690.05
0.610.350.620.620.490.70.44-0.160.580.24-0.110.230.330.410.020.550.820.420.040.680.460.59-0.40.210.35
-0.050.270.26-0.04-0.34-0.4-0.25-0.16-0.190.460.610.120.19-0.26-0.190.29-0.190.440.020.160.52-0.010.28-0.08-0.32
0.980.130.170.440.840.950.250.58-0.190.440.32-0.14-0.390.580.610.560.670.45-0.140.580.480.7-0.210.170.87
0.510.120.120.250.370.26-0.150.240.460.440.40.17-0.20.340.020.350.340.510.140.350.590.450.020.070.32
0.420.180.170.050.280.1-0.16-0.110.610.320.4-0.32-0.36-0.10.640.38-0.020.58-0.190.260.610.140.20.040.29
-0.030.7-0.080.49-0.26-0.170.630.230.12-0.140.17-0.320.66-0.03-0.530.420.27-0.190.520.530.410.190.190.4-0.41
-0.290.640.420.37-0.46-0.280.550.330.19-0.39-0.2-0.360.66-0.08-0.630.280.27-0.080.270.380.220.1-0.030.28-0.58
0.520.040.090.30.70.580.10.41-0.260.580.34-0.1-0.03-0.080.020.230.450.11-0.020.310.080.89-0.710.160.45
0.59-0.06-0.030.110.560.520.050.02-0.190.610.020.64-0.53-0.630.020.180.180.26-0.250.170.250.110.10.130.69
0.670.720.360.470.380.480.560.550.290.560.350.380.420.280.230.180.610.510.090.870.830.590.050.140.28
0.710.460.440.710.510.720.580.82-0.190.670.34-0.020.270.270.450.180.610.380.330.760.580.64-0.110.410.47
0.530.190.630.170.460.39-0.070.420.440.450.510.58-0.19-0.080.110.260.510.38-0.260.40.640.280.08-0.090.46
-0.070.33-0.190.39-0.22-0.20.330.040.02-0.140.14-0.190.520.27-0.02-0.250.090.33-0.260.270.220.080.310.44-0.32
0.70.850.390.850.380.530.770.680.160.580.350.260.530.380.310.170.870.760.40.270.860.680.030.570.26
0.640.750.390.640.30.320.460.460.520.480.590.610.410.220.080.250.830.580.640.220.860.480.240.40.22
0.720.40.240.570.680.640.350.59-0.010.70.450.140.190.10.890.110.590.640.280.080.680.48-0.550.330.42
-0.130.2-0.190.0-0.46-0.310.15-0.40.28-0.210.020.20.19-0.03-0.710.10.05-0.110.080.310.030.24-0.550.15-0.15
0.230.640.040.880.050.140.690.21-0.080.170.070.040.40.280.160.130.140.41-0.090.440.570.40.330.15-0.02
0.81-0.130.160.150.830.870.050.35-0.320.870.320.29-0.41-0.580.450.690.280.470.46-0.320.260.220.42-0.15-0.02
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Tata Chemicals Account Relationship Matchups

Tata Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets277.5B283.4B338.4B350.8B367.6B236.4B
Short Long Term Debt Total77.0B69.3B70.2B63.0B55.6B69.4B
Other Current Liab10.1B9.3B13.5B11.2B11.0B9.0B
Total Current Liabilities70.9B44.6B71.0B49.0B60.6B51.3B
Total Stockholder Equity129.0B142.9B182.5B197.2B222.4B233.5B
Property Plant And Equipment Net63.0B69.2B79.1B89.2B94.3B56.8B
Net Debt64.5B62.4B62.6B57.9B51.4B52.3B
Accounts Payable16.3B16.8B24.5B26.0B23.7B19.4B
Cash12.5B6.9B7.6B5.1B4.3B4.0B
Non Current Assets Total198.9B216.9B251.0B269.2B303.9B167.0B
Non Currrent Assets Other8.9B124.9M9.4B11.4B11.9B8.4B
Cash And Short Term Investments36.6B29.6B26.3B20.0B12.4B22.4B
Net Receivables15.8B14.0B23.8B26.3B19B24.6B
Good Will20.0B19.6B20.2B21.6B21.9B30.5B
Short Term Investments24.1B22.7B18.7B14.9B8.2B8.9B
Liabilities And Stockholders Equity277.5B283.4B338.4B350.8B367.6B236.4B
Non Current Liabilities Total70.0B87.3B75.9B95.4B75.9B75.6B
Inventory18.7B16.9B22.9B25.3B25.2B17.9B
Other Current Assets6.9B6.6B14.0B10.7B6.9B8.5B
Total Liab140.9B131.9B146.9B144.4B136.4B127.0B
Total Current Assets78.6B66.5B87.5B81.6B63.7B69.3B
Accumulated Other Comprehensive Income(27.8B)62.0B88.0B83.0B111.4B117.0B
Current Deferred Revenue14.0B12.2B14.7B11.7B2.8B2.7B
Short Term Debt40.8B15.8B31.8B6.2B22.7B20.0B
Retained Earnings61.9B62.5B76.2B95.8B92.6B48.2B
Intangible Assets80.0B76.6B78.5B83.8B84.1B48.8B
Other Liab32.8B33.2B37.3B38.6B44.4B33.2B
Net Tangible Assets29.0B46.7B83.9B91.9B105.7B111.0B
Other Assets10.4B11.4B10.6B10.5B12.1B10.4B
Long Term Debt34.7B52.0B37.3B55.4B29.0B39.8B
Short Long Term Debt39.5B2.8B30.8B5.4B21.7B18.2B
Property Plant Equipment61.7B66.8B77.9B89.2B102.6B62.8B
Long Term Debt Total36.6B53.9B38.6B56.8B65.3B52.1B
Capital Lease Obligations2.8B1.9B2.2B2.1B5.0B5.2B
Non Current Liabilities Other414.9M1.3B4.0B4.2B4B2.1B

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Other Information on Investing in Tata Stock

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