Angel Reconciled Depreciation vs Net Income From Continuing Ops Analysis

ANGELONE   2,885  19.20  0.66%   
Angel One financial indicator trend analysis is way more than just evaluating Angel One Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Angel One Limited is a good investment. Please check the relationship between Angel One Reconciled Depreciation and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One 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 bureau of economic analysis.

Reconciled Depreciation vs Net Income From Continuing Ops

Reconciled Depreciation vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Angel One Limited Reconciled Depreciation account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Angel One's Reconciled Depreciation and Net Income From Continuing Ops is 0.76. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Angel One Limited, assuming nothing else is changed. The correlation between historical values of Angel One's Reconciled Depreciation and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Angel One Limited are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Reconciled Depreciation i.e., Angel One's Reconciled Depreciation and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Net Income From Continuing Ops

Most indicators from Angel One's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Angel One 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Angel One 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 bureau of economic analysis.
At this time, Angel One's Selling General Administrative is very stable compared to the past year. As of the 30th of December 2024, Tax Provision is likely to grow to about 4.1 B, while Discontinued Operations is likely to drop (2.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit12.0B19.6B21.4B22.4B
Total Revenue20.0B30.0B41.7B43.8B

Angel One fundamental ratios Correlations

0.930.990.990.920.930.990.210.10.13-0.460.990.92-0.230.761.01.00.970.630.71-0.11.00.790.890.880.85
0.930.960.890.830.910.890.44-0.010.06-0.690.90.77-0.530.610.940.930.880.680.74-0.070.90.790.750.790.94
0.990.960.970.90.930.970.290.060.15-0.530.980.89-0.360.730.990.990.940.640.73-0.080.980.810.840.870.9
0.990.890.970.920.911.00.160.120.09-0.420.990.94-0.130.780.990.990.980.630.69-0.10.990.770.930.870.78
0.920.830.90.920.810.940.19-0.01-0.16-0.310.950.76-0.10.540.920.930.960.380.53-0.270.920.560.940.730.8
0.930.910.930.910.810.890.030.10.19-0.450.890.88-0.310.790.930.920.880.560.590.040.920.890.790.960.85
0.990.890.971.00.940.890.180.080.05-0.420.990.92-0.130.740.990.990.990.610.68-0.150.990.740.940.850.79
0.210.440.290.160.190.030.18-0.22-0.2-0.70.21-0.02-0.61-0.150.230.230.190.490.51-0.220.170.090.08-0.160.4
0.1-0.010.060.12-0.010.10.08-0.220.080.170.030.150.220.330.090.02-0.050.140.170.860.110.060.050.250.03
0.130.060.150.09-0.160.190.05-0.20.080.130.080.35-0.190.470.140.12-0.050.290.260.170.160.44-0.230.370.09
-0.46-0.69-0.53-0.42-0.31-0.45-0.42-0.70.170.13-0.41-0.310.73-0.21-0.47-0.47-0.42-0.63-0.54-0.03-0.41-0.44-0.3-0.26-0.54
0.990.90.980.990.950.890.990.210.030.08-0.410.9-0.190.720.990.990.980.570.67-0.190.990.740.920.840.83
0.920.770.890.940.760.880.92-0.020.150.35-0.310.9-0.040.920.910.910.870.680.66-0.030.930.870.810.920.63
-0.23-0.53-0.36-0.13-0.1-0.31-0.13-0.610.22-0.190.73-0.19-0.04-0.02-0.26-0.25-0.12-0.28-0.33-0.11-0.19-0.320.1-0.16-0.6
0.760.610.730.780.540.790.74-0.150.330.47-0.210.720.92-0.020.750.740.670.630.550.230.780.880.610.890.5
1.00.940.990.990.920.930.990.230.090.14-0.470.990.91-0.260.751.00.960.630.71-0.11.00.80.880.880.87
1.00.930.990.990.930.920.990.230.020.12-0.470.990.91-0.250.741.00.980.630.7-0.170.990.790.890.870.85
0.970.880.940.980.960.880.990.19-0.05-0.05-0.420.980.87-0.120.670.960.980.530.61-0.270.960.70.960.80.78
0.630.680.640.630.380.560.610.490.140.29-0.630.570.68-0.280.630.630.630.530.910.050.610.730.450.540.48
0.710.740.730.690.530.590.680.510.170.26-0.540.670.66-0.330.550.710.70.610.910.010.690.640.510.580.63
-0.1-0.07-0.08-0.1-0.270.04-0.15-0.220.860.17-0.03-0.19-0.03-0.110.23-0.1-0.17-0.270.050.01-0.10.05-0.240.16-0.02
1.00.90.980.990.920.920.990.170.110.16-0.410.990.93-0.190.781.00.990.960.610.69-0.10.790.890.890.82
0.790.790.810.770.560.890.740.090.060.44-0.440.740.87-0.320.880.80.790.70.730.640.050.790.570.890.7
0.890.750.840.930.940.790.940.080.05-0.23-0.30.920.810.10.610.880.890.960.450.51-0.240.890.570.720.63
0.880.790.870.870.730.960.85-0.160.250.37-0.260.840.92-0.160.890.880.870.80.540.580.160.890.890.720.74
0.850.940.90.780.80.850.790.40.030.09-0.540.830.63-0.60.50.870.850.780.480.63-0.020.820.70.630.74
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Angel One Account Relationship Matchups

Angel One fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.9B48.1B72.2B74.8B132.5B139.2B
Short Long Term Debt Total4.9B11.7B12.6B7.9B25.4B26.7B
Total Current Liabilities13.6B36.7B56.3B40.8B101.8B106.9B
Total Stockholder Equity5.9B11.3B15.8B21.6B30.4B31.9B
Property Plant And Equipment Net1.2B1.1B1.4B2.1B3.6B3.7B
Net Debt(9.2B)5.9B8.4B6.5B15.0B15.7B
Retained Earnings3.9B6.5B10.6B15.7B23.7B24.9B
Cash14.1B5.9B4.2B1.3B10.4B7.3B
Non Current Assets Total4.2B15.6B2.7B6.0B5.0B5.2B
Non Currrent Assets Other3.3B13.2B46.1B617.0M926.1M879.8M
Other Assets134.0M120.2M2.4B2.5B(1.0)(0.95)
Cash And Short Term Investments14.4B18.9B50.1B54.9B106.7B112.0B
Common Stock Shares Outstanding72.0M77.5M83.9M84.7M85.4M83.5M
Liabilities And Stockholders Equity21.9B48.1B72.2B74.8B132.5B139.2B
Non Current Liabilities Total2.4B128.5M84.4M12.4B361.1M343.0M
Other Stockholder Equity977.1M3.7B4.4B4.2B4.7B2.7B
Total Liab16.0B36.8B56.4B53.2B102.2B107.3B
Total Current Assets17.7B32.6B69.5B68.7B127.5B133.9B
Accumulated Other Comprehensive Income287.2M297.9M406.2M859.0M1.1B1.2B
Intangible Assets68.3M56.6M185.6M332.3M498.7M523.7M
Other Current Liab1.6B2.1B3.0B(208.6M)4.4B4.7B
Current Deferred Revenue450K120.5M9.9M6.6M5.6M5.3M
Accounts Payable9.4B22.8B40.7B40.7B72.0B75.6B
Net Receivables3.2B13.7B19.5B14.1B20.1B13.1B
Other Current Assets(11.5B)13.7B19.2B14.1B20.9B21.9B
Short Term Debt2.6B11.7B12.6B278.3M25.4B26.6B
Short Term Investments352.7M13.0B45.9B53.6B96.3B101.1B
Other Liab217.3M56.1M3.1B4.5B5.2B5.4B
Net Tangible Assets5.8B11.3B15.7B21.3B24.5B25.7B
Long Term Debt2.2B11.7B12.6B7.9B25.4B26.6B
Capital Lease Obligations212.9M157.1M18M39M57.8M81.3M
Net Invested Capital10.7B11.3B28.4B29.5B55.7B58.5B
Short Long Term Debt8.5B2.6B245.7M278.3M250.5M237.9M
Net Working Capital4.1B(4.1B)27.3B27.9B42.2B44.4B
Property Plant Equipment1.2B1.1B1.4B2.1B2.4B1.5B

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Other Information on Investing in Angel Stock

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