Welspun Non Currrent Assets Other vs Net Receivables Analysis

WELCORP Stock

779.65 12.95 1.69%

Welspun Corp financial indicator trend analysis is more than just analyzing Welspun Corp Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Corp Limited is a good investment. Please check the relationship between Welspun Corp Non Currrent Assets Other and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welspun Corp Limited Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Welspun Corp's Non Currrent Assets Other and Net Receivables is 0.57. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Welspun Corp Limited, assuming nothing else is changed. The correlation between historical values of Welspun Corp's Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Welspun Corp Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Welspun Corp's Non Currrent Assets Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.57

Relationship Direction	Positive
Relationship Strength	Weak

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Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Receivables

Most indicators from Welspun Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Corp Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.

As of 01/18/2025, Issuance Of Capital Stock is likely to grow to about 17.6 M, while Selling General Administrative is likely to drop slightly above 1.3 B.

	2022	2023	2024	2025 (projected)
Gross Profit	25.0B	51.6B	59.4B	62.3B
Total Revenue	97.6B	173.4B	199.4B	209.4B

Gross Profit Total Revenue

Welspun Corp 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Retained Earnings	Intangible Assets	Good Will
Total Assets		0.85	0.7	0.88	0.75	0.88	0.74	0.85	0.8	0.93	0.52	0.88	0.78	0.59	0.72	0.78	0.74	-0.02	0.83	0.96	0.92	-0.3	0.63	0.41	0.61	0.68
Short Long Term Debt Total	0.85		0.69	0.64	0.5	0.92	0.97	0.67	0.55	0.91	0.54	0.81	0.54	0.34	0.79	0.96	0.47	-0.26	0.85	0.9	0.65	-0.44	0.56	-0.01	0.75	0.63
Other Current Liab	0.7	0.69		0.72	0.47	0.65	0.64	0.47	0.52	0.67	0.23	0.69	0.26	0.14	0.64	0.54	0.71	-0.29	0.67	0.74	0.63	-0.27	0.79	0.26	0.42	0.49
Total Current Liabilities	0.88	0.64	0.72		0.59	0.6	0.5	0.78	0.81	0.65	0.31	0.73	0.57	0.51	0.52	0.49	0.95	0.21	0.69	0.89	0.97	-0.29	0.79	0.38	0.38	0.5
Total Stockholder Equity	0.75	0.5	0.47	0.59		0.62	0.36	0.55	0.7	0.7	0.36	0.67	0.68	0.56	0.52	0.45	0.48	0.0	0.56	0.61	0.67	-0.11	0.41	0.7	0.31	0.54
Property Plant And Equipment Net	0.88	0.92	0.65	0.6	0.62		0.88	0.73	0.57	0.97	0.48	0.76	0.64	0.48	0.7	0.92	0.46	-0.35	0.72	0.86	0.63	-0.23	0.41	0.25	0.59	0.53
Net Debt	0.74	0.97	0.64	0.5	0.36	0.88		0.59	0.34	0.83	0.53	0.68	0.47	0.25	0.73	0.96	0.37	-0.28	0.79	0.82	0.52	-0.44	0.45	-0.17	0.74	0.56
Accounts Payable	0.85	0.67	0.47	0.78	0.55	0.73	0.59		0.7	0.77	0.47	0.63	0.79	0.53	0.44	0.69	0.67	-0.01	0.72	0.85	0.8	-0.27	0.33	0.24	0.57	0.53
Cash	0.8	0.55	0.52	0.81	0.7	0.57	0.34	0.7		0.65	0.28	0.75	0.57	0.47	0.43	0.43	0.68	0.1	0.6	0.74	0.82	-0.19	0.59	0.57	0.36	0.51
Non Current Assets Total	0.93	0.91	0.67	0.65	0.7	0.97	0.83	0.77	0.65		0.57	0.85	0.71	0.47	0.77	0.89	0.48	-0.33	0.81	0.88	0.7	-0.26	0.46	0.33	0.69	0.68
Non Currrent Assets Other	0.52	0.54	0.23	0.31	0.36	0.48	0.53	0.47	0.28	0.57		0.44	0.57	-0.02	0.43	0.62	0.16	-0.02	0.6	0.52	0.39	-0.1	0.12	-0.12	0.79	0.68
Cash And Short Term Investments	0.88	0.81	0.69	0.73	0.67	0.76	0.68	0.63	0.75	0.85	0.44		0.58	0.47	0.92	0.69	0.53	-0.14	0.89	0.83	0.76	-0.48	0.73	0.38	0.66	0.78
Net Receivables	0.78	0.54	0.26	0.57	0.68	0.64	0.47	0.79	0.57	0.71	0.57	0.58		0.63	0.46	0.59	0.43	0.23	0.63	0.67	0.72	-0.15	0.16	0.41	0.56	0.6
Common Stock Shares Outstanding	0.59	0.34	0.14	0.51	0.56	0.48	0.25	0.53	0.47	0.47	-0.02	0.47	0.63		0.36	0.32	0.43	0.31	0.3	0.5	0.62	-0.22	0.2	0.47	-0.01	0.08
Short Term Investments	0.72	0.79	0.64	0.52	0.52	0.7	0.73	0.44	0.43	0.77	0.43	0.92	0.46	0.36		0.69	0.32	-0.25	0.86	0.69	0.55	-0.55	0.65	0.18	0.69	0.76
Non Current Liabilities Total	0.78	0.96	0.54	0.49	0.45	0.92	0.96	0.69	0.43	0.89	0.62	0.69	0.59	0.32	0.69		0.32	-0.3	0.79	0.83	0.53	-0.4	0.31	-0.1	0.78	0.58
Inventory	0.74	0.47	0.71	0.95	0.48	0.46	0.37	0.67	0.68	0.48	0.16	0.53	0.43	0.43	0.32	0.32		0.26	0.5	0.77	0.89	-0.15	0.76	0.37	0.17	0.3
Other Current Assets	-0.02	-0.26	-0.29	0.21	0.0	-0.35	-0.28	-0.01	0.1	-0.33	-0.02	-0.14	0.23	0.31	-0.25	-0.3	0.26		-0.11	-0.02	0.31	-0.02	0.04	0.04	-0.18	-0.11
Other Stockholder Equity	0.83	0.85	0.67	0.69	0.56	0.72	0.79	0.72	0.6	0.81	0.6	0.89	0.63	0.3	0.86	0.79	0.5	-0.11		0.85	0.72	-0.59	0.61	0.07	0.88	0.87
Total Liab	0.96	0.9	0.74	0.89	0.61	0.86	0.82	0.85	0.74	0.88	0.52	0.83	0.67	0.5	0.69	0.83	0.77	-0.02	0.85		0.9	-0.39	0.66	0.19	0.65	0.62
Total Current Assets	0.92	0.65	0.63	0.97	0.67	0.63	0.52	0.8	0.82	0.7	0.39	0.76	0.72	0.62	0.55	0.53	0.89	0.31	0.72	0.9		-0.28	0.71	0.44	0.43	0.56
Common Stock	-0.3	-0.44	-0.27	-0.29	-0.11	-0.23	-0.44	-0.27	-0.19	-0.26	-0.1	-0.48	-0.15	-0.22	-0.55	-0.4	-0.15	-0.02	-0.59	-0.39	-0.28		-0.36	0.3	-0.47	-0.42
Short Term Debt	0.63	0.56	0.79	0.79	0.41	0.41	0.45	0.33	0.59	0.46	0.12	0.73	0.16	0.2	0.65	0.31	0.76	0.04	0.61	0.66	0.71	-0.36		0.28	0.3	0.51
Retained Earnings	0.41	-0.01	0.26	0.38	0.7	0.25	-0.17	0.24	0.57	0.33	-0.12	0.38	0.41	0.47	0.18	-0.1	0.37	0.04	0.07	0.19	0.44	0.3	0.28		-0.2	0.17
Intangible Assets	0.61	0.75	0.42	0.38	0.31	0.59	0.74	0.57	0.36	0.69	0.79	0.66	0.56	-0.01	0.69	0.78	0.17	-0.18	0.88	0.65	0.43	-0.47	0.3	-0.2		0.88
Good Will	0.68	0.63	0.49	0.5	0.54	0.53	0.56	0.53	0.51	0.68	0.68	0.78	0.6	0.08	0.76	0.58	0.3	-0.11	0.87	0.62	0.56	-0.42	0.51	0.17	0.88

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Welspun Corp Account Relationship Matchups

Welspun Corp fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	65.2B	91.7B	153.4B	118.5B	136.3B	93.5B
Short Long Term Debt Total	8.3B	20.6B	33.6B	19.5B	22.4B	24.8B
Other Current Liab	3.1B	3.6B	25.2B	7.9B	7.1B	7.7B
Total Current Liabilities	19.5B	29.1B	81.7B	39.8B	45.7B	34.2B
Total Stockholder Equity	37.9B	44.3B	47.3B	56.2B	64.6B	67.8B
Property Plant And Equipment Net	18.0B	34.1B	45.9B	44.7B	51.4B	36.5B
Net Debt	6.6B	10.1B	23.5B	11.3B	13.0B	18.3B
Accounts Payable	7.2B	9.8B	25.7B	22.4B	25.8B	14.9B
Cash	1.7B	6.4B	10.2B	8.2B	9.4B	6.3B
Non Current Assets Total	24.4B	48.5B	56.9B	57.6B	66.3B	43.9B
Non Currrent Assets Other	467.5M	2.8B	1.2B	2.9B	3.3B	3.3B
Cash And Short Term Investments	13.2B	21.6B	22.7B	14.7B	16.9B	12.9B
Net Receivables	15.5B	8.1B	12.6B	18.0B	20.7B	12.4B
Common Stock Shares Outstanding	261.6M	261.6M	262.0M	262.4M	301.8M	248.6M
Short Term Investments	11.5B	15.2B	12.5B	6.5B	7.5B	7.4B
Liabilities And Stockholders Equity	65.2B	91.7B	153.4B	118.5B	136.3B	93.5B
Non Current Liabilities Total	7.5B	17.4B	23.3B	21.4B	24.6B	26.3B
Inventory	10.4B	10.2B	56.9B	23.2B	26.6B	19.6B
Other Current Assets	10.7B	41.2M	7.5B	5.0B	5.7B	5.4B
Other Stockholder Equity	10.1B	10.1B	17.0B	8.9B	10.3B	11.9B
Total Liab	27.1B	46.4B	105.0B	61.2B	70.3B	60.5B
Total Current Assets	40.9B	43.2B	96.5B	60.9B	70.0B	49.6B
Accumulated Other Comprehensive Income	4.3B	4.6B	1.1B	10.7B	12.3B	12.9B
Short Term Debt	3.9B	6.1B	14.0B	2.9B	3.4B	4.6B
Retained Earnings	26.6B	28.3B	29.0B	35.2B	40.5B	23.1B
Intangible Assets	70.4M	69.7M	137.4M	122.2M	110.0M	104.5M
Current Deferred Revenue	7.1B	9.5B	10.2B	6.5B	7.5B	7.2B
Other Liab	4.5B	2.8B	2.9B	3.7B	3.3B	4.5B
Net Tangible Assets	32.1B	37.9B	40.8B	43.6B	50.1B	35.5B
Other Assets	1.8B	1.4B	3.6B	1.1B	1.2B	2.3B
Long Term Debt	4.4B	14.3B	19.3B	16.2B	14.6B	12.4B
Short Long Term Debt	1.2B	5.9B	13.9B	2.9B	2.6B	2.4B
Property Plant Equipment	16.8B	17.4B	33.3B	45.9B	41.3B	26.3B
Long Term Debt Total	5.6B	4.8B	14.5B	19.6B	17.7B	10.2B
Capital Surpluse	7.2B	6.5M	10.1B	10.2B	11.7B	8.0B

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Welspun Non Currrent Assets Other vs Net Receivables Analysis

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Net Receivables

Welspun Corp fundamental ratios Correlations

Welspun Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Welspun Corp fundamental ratios Accounts

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Additional Tools for Welspun Stock Analysis

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Net Debt	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Liab	+ 0.96	Total Assets
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.96	Net Debt

Common Stock	- 0.59	Other Stockholder Equity
Common Stock	- 0.55	Short Term Investments
Common Stock	- 0.48	Cash And Short Term Investments
Intangible Assets	- 0.47	Common Stock
Common Stock	- 0.44	Net Debt
Common Stock	- 0.44	Short Long Term Debt Total