Vesuvius Total Current Liabilities vs Non Current Assets Total Analysis

VESUVIUS   4,605  47.05  1.03%   
Vesuvius India financial indicator trend analysis is much more than just breaking down Vesuvius India prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vesuvius India is a good investment. Please check the relationship between Vesuvius India Total Current Liabilities and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vesuvius India 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 real.

Total Current Liabilities vs Non Current Assets Total

Total Current Liabilities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vesuvius India Total Current Liabilities account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vesuvius India's Total Current Liabilities and Non Current Assets Total is 0.89. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Vesuvius India Limited, assuming nothing else is changed. The correlation between historical values of Vesuvius India's Total Current Liabilities and Non Current Assets Total 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 Current Liabilities of Vesuvius India Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Liabilities i.e., Vesuvius India's Total Current Liabilities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Vesuvius India balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vesuvius India Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Vesuvius India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vesuvius India 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 Vesuvius India 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 real.
Selling General Administrative is likely to gain to about 1.4 B in 2025, whereas Tax Provision is likely to drop slightly above 462.8 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit5.3B6.8B7.9B8.3B
Total Revenue13.4B16.0B18.4B19.4B

Vesuvius India fundamental ratios Correlations

0.090.920.990.9-0.110.990.980.150.940.740.850.64-0.680.880.980.24-0.250.930.990.580.690.280.140.630.65
0.090.380.010.140.250.020.08-0.230.110.170.02-0.11-0.040.040.060.82-0.110.350.080.070.070.110.020.140.33
0.920.380.860.880.070.870.92-0.030.890.690.690.57-0.680.770.910.59-0.331.00.890.420.690.210.120.560.65
0.990.010.860.87-0.161.00.970.20.920.730.870.63-0.660.880.960.14-0.220.880.990.610.670.290.140.630.62
0.90.140.880.87-0.040.880.910.10.990.520.60.69-0.790.90.90.3-0.220.90.830.310.810.14-0.020.360.56
-0.110.250.07-0.16-0.04-0.14-0.01-0.99-0.040.32-0.22-0.3-0.03-0.020.020.27-0.150.07-0.130.110.04-0.280.150.420.27
0.990.020.871.00.88-0.140.970.190.930.740.860.63-0.660.880.970.14-0.230.890.980.610.670.280.150.640.64
0.980.080.920.970.91-0.010.970.050.940.760.820.61-0.70.880.990.24-0.250.940.960.520.70.170.190.640.67
0.15-0.23-0.030.20.1-0.990.190.050.1-0.30.240.380.010.070.03-0.250.12-0.020.17-0.080.040.32-0.15-0.39-0.21
0.940.110.890.920.99-0.040.930.940.10.60.670.68-0.780.910.940.26-0.240.910.880.40.790.170.040.440.61
0.740.170.690.730.520.320.740.76-0.30.60.850.23-0.370.650.760.2-0.430.70.780.630.370.150.490.910.81
0.850.020.690.870.6-0.220.860.820.240.670.850.42-0.410.720.80.04-0.340.710.890.590.420.280.40.70.68
0.64-0.110.570.630.69-0.30.630.610.380.680.230.42-0.270.630.60.13-0.210.590.590.210.540.57-0.250.180.36
-0.68-0.04-0.68-0.66-0.79-0.03-0.66-0.70.01-0.78-0.37-0.41-0.27-0.71-0.69-0.20.13-0.7-0.62-0.08-0.850.160.03-0.16-0.25
0.880.040.770.880.9-0.020.880.880.070.910.650.720.63-0.710.880.09-0.330.810.830.370.720.190.090.50.55
0.980.060.910.960.90.020.970.990.030.940.760.80.6-0.690.880.21-0.270.920.950.540.70.170.210.650.69
0.240.820.590.140.30.270.140.24-0.250.260.20.040.13-0.20.090.21-0.290.550.23-0.010.20.15-0.10.130.28
-0.25-0.11-0.33-0.22-0.22-0.15-0.23-0.250.12-0.24-0.43-0.34-0.210.13-0.33-0.27-0.29-0.34-0.25-0.05-0.180.01-0.49-0.23-0.42
0.930.351.00.880.90.070.890.94-0.020.910.70.710.59-0.70.810.920.55-0.340.90.420.70.210.120.560.66
0.990.080.890.990.83-0.130.980.960.170.880.780.890.59-0.620.830.950.23-0.250.90.630.620.310.180.690.64
0.580.070.420.610.310.110.610.52-0.080.40.630.590.21-0.080.370.54-0.01-0.050.420.630.190.290.340.820.61
0.690.070.690.670.810.040.670.70.040.790.370.420.54-0.850.720.70.2-0.180.70.620.190.07-0.030.230.45
0.280.110.210.290.14-0.280.280.170.320.170.150.280.570.160.190.170.150.010.210.310.290.07-0.440.250.15
0.140.020.120.14-0.020.150.150.19-0.150.040.490.4-0.250.030.090.21-0.1-0.490.120.180.34-0.03-0.440.380.53
0.630.140.560.630.360.420.640.64-0.390.440.910.70.18-0.160.50.650.13-0.230.560.690.820.230.250.380.71
0.650.330.650.620.560.270.640.67-0.210.610.810.680.36-0.250.550.690.28-0.420.660.640.610.450.150.530.71
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Vesuvius India Account Relationship Matchups

Vesuvius India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets10.6B11.9B13.3B15.9B18.3B19.2B
Other Current Liab363.7M454.5M616.7M613.9M552.5M381.2M
Total Current Liabilities1.9B2.7B3.1B3.6B4.1B4.3B
Total Stockholder Equity8.4B9.0B10.0B11.9B13.7B14.4B
Property Plant And Equipment Net1.4B1.4B2.3B4.2B4.8B5.1B
Net Debt(524.5M)(260.8M)(1.3B)(1.5B)(1.3B)(1.4B)
Retained Earnings7.4B7.9B8.9B10.9B12.5B13.1B
Accounts Payable1.6B2.2B2.5B2.9B3.3B3.5B
Cash524.5M260.8M1.3B1.6B1.8B1.3B
Non Current Assets Total1.9B2.1B3.0B4.8B5.5B5.8B
Non Currrent Assets Other5.4B5.8B5.0B3.5B4.0B4.2B
Cash And Short Term Investments5.6B5.5B5.8B4.6B5.3B5.6B
Net Receivables1.7B1.7B2.1B3.2B3.7B2.0B
Liabilities And Stockholders Equity10.6B11.9B13.3B15.9B18.3B19.2B
Non Current Liabilities Total223.3M238.5M252.1M373.8M429.9M451.4M
Inventory1.2B2.1B2.0B2.6B3.0B3.1B
Other Current Assets205.8M421.1M373.5M622.6M560.3M588.4M
Total Liab2.2B2.9B3.3B4.0B4.5B4.8B
Total Current Assets8.6B9.8B10.3B11.1B12.7B13.4B
Intangible Assets13.1M8.2M13.2M9.1M10.5M5.3M
Short Term Debt15.1M24.7M46.4M3.6M4.1M3.9M
Short Term Investments29.1M5.1B5.3B4.4B3.5B2.4B
Other Liab178.6M223.3M238.5M252.1M289.9M183.6M
Net Tangible Assets8.0B8.4B9.0B10.0B11.5B7.5B
Other Assets483.7M524.3M667.6M316.5M364.0M368.0M
Property Plant Equipment1.5B1.4B1.4B2.3B2.7B1.7B
Current Deferred Revenue15.1M24.7M46.4M15.3M17.6M20.9M
Cash And Equivalents4.5B100M0.0500M450M427.5M
Net Invested Capital8.4B9.0B10.0B11.9B13.7B9.6B
Net Working Capital6.7B7.1B7.2B7.5B8.6B7.1B
Property Plant And Equipment Gross2.5B2.8B2.3B4.0B4.6B3.1B

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