Aster Property Plant And Equipment Net vs Total Assets Analysis

ASTERDM Stock   499.95  11.25  2.30%   
Aster DM financial indicator trend analysis is way more than just evaluating Aster DM Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aster DM Healthcare is a good investment. Please check the relationship between Aster DM Property Plant And Equipment Net and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Property Plant And Equipment Net vs Total Assets

Property Plant And Equipment Net vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aster DM Healthcare Property Plant And Equipment Net account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Aster DM's Property Plant And Equipment Net and Total Assets is 0.8. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Assets in the same time period over historical financial statements of Aster DM Healthcare, assuming nothing else is changed. The correlation between historical values of Aster DM's Property Plant And Equipment Net and Total 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 Property Plant And Equipment Net of Aster DM Healthcare are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant And Equipment Net i.e., Aster DM's Property Plant And Equipment Net and Total Assets go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Assets

Total assets refers to the total amount of Aster DM assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Aster DM Healthcare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Aster DM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aster DM Healthcare 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 Aster DM Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
As of the 2nd of December 2024, Issuance Of Capital Stock is likely to grow to about 6.4 M, while Selling General Administrative is likely to drop about 4.8 B.
 2021 2022 2023 2024 (projected)
Gross Profit73.4B84.0B19.8B18.8B
Total Revenue102.5B119.3B37.0B71.3B

Aster DM fundamental ratios Correlations

0.680.470.720.950.80.710.20.65-0.110.790.690.460.050.450.570.820.740.50.50.630.990.670.520.670.83
0.68-0.220.110.660.940.98-0.080.960.350.940.540.520.430.910.940.660.960.92-0.190.450.670.040.870.940.61
0.47-0.220.940.380.04-0.170.28-0.25-0.660.030.270.03-0.52-0.51-0.380.370.0-0.461.00.250.490.96-0.39-0.220.35
0.720.110.940.630.370.160.30.08-0.540.360.470.22-0.37-0.2-0.060.620.32-0.140.950.420.721.0-0.080.10.57
0.950.660.380.630.820.740.280.68-0.040.820.630.530.050.50.640.790.690.580.410.640.890.590.610.720.8
0.80.940.040.370.820.960.120.930.231.00.590.570.330.790.890.790.960.850.070.550.770.30.820.940.72
0.710.98-0.170.160.740.960.00.970.280.960.50.560.330.890.950.660.930.92-0.140.520.680.090.910.960.62
0.2-0.080.280.30.280.120.00.120.270.09-0.35-0.460.0-0.24-0.09-0.01-0.05-0.010.31-0.350.140.3-0.10.16-0.03
0.650.96-0.250.080.680.930.970.120.450.930.420.390.50.870.940.580.910.96-0.220.40.620.00.880.990.52
-0.110.35-0.66-0.54-0.040.230.280.270.450.22-0.16-0.20.810.460.45-0.10.220.54-0.65-0.33-0.14-0.560.340.460.0
0.790.940.030.360.821.00.960.090.930.220.620.60.340.810.890.80.970.850.060.580.760.290.840.940.73
0.690.540.270.470.630.590.5-0.350.42-0.160.620.760.280.510.50.830.630.410.280.780.70.440.530.420.83
0.460.520.030.220.530.570.56-0.460.39-0.20.60.760.050.620.620.710.560.450.040.80.420.190.660.410.7
0.050.43-0.52-0.370.050.330.330.00.50.810.340.280.050.540.50.160.380.57-0.520.070.05-0.410.460.490.2
0.450.91-0.51-0.20.50.790.89-0.240.870.460.810.510.620.540.970.560.810.94-0.480.440.41-0.260.930.860.52
0.570.94-0.38-0.060.640.890.95-0.090.940.450.890.50.620.50.970.60.860.96-0.360.50.52-0.130.950.940.59
0.820.660.370.620.790.790.66-0.010.58-0.10.80.830.710.160.560.60.790.480.40.650.810.580.550.590.89
0.740.960.00.320.690.960.93-0.050.910.220.970.630.560.380.810.860.790.820.020.530.740.250.790.890.7
0.50.92-0.46-0.140.580.850.92-0.010.960.540.850.410.450.570.940.960.480.82-0.430.380.46-0.210.930.950.44
0.5-0.191.00.950.410.07-0.140.31-0.22-0.650.060.280.04-0.52-0.48-0.360.40.02-0.430.250.510.97-0.36-0.190.37
0.630.450.250.420.640.550.52-0.350.4-0.330.580.780.80.070.440.50.650.530.380.250.610.390.550.440.63
0.990.670.490.720.890.770.680.140.62-0.140.760.70.420.050.410.520.810.740.460.510.610.680.470.630.81
0.670.040.961.00.590.30.090.30.0-0.560.290.440.19-0.41-0.26-0.130.580.25-0.210.970.390.68-0.150.030.54
0.520.87-0.39-0.080.610.820.91-0.10.880.340.840.530.660.460.930.950.550.790.93-0.360.550.47-0.150.870.53
0.670.94-0.220.10.720.940.960.160.990.460.940.420.410.490.860.940.590.890.95-0.190.440.630.030.870.54
0.830.610.350.570.80.720.62-0.030.520.00.730.830.70.20.520.590.890.70.440.370.630.810.540.530.54
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Aster DM Account Relationship Matchups

Aster DM fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.4B116.4B125.5B148.8B179.9B98.9B
Short Long Term Debt Total56.0B48.0B49.1B57.0B13.8B13.1B
Other Current Liab2.2B3.4B3.4B2.8B105.5B110.8B
Total Current Liabilities37.2B32.0B35.6B46.6B112.9B118.5B
Total Stockholder Equity32.7B33.7B39.5B44.5B45.6B28.5B
Property Plant And Equipment Net65.7B63.8B66.4B78.0B30.5B43.1B
Net Debt54.5B45.5B45.6B53.2B13.0B12.4B
Retained Earnings(2.3B)(990.6M)4.1B7.7B4.2B4.4B
Accounts Payable21.1B20.3B21.2B29.9B4.6B4.4B
Cash1.5B2.6B3.4B3.8B822.3M781.2M
Non Current Assets Total83.4B80.1B84.5B99.6B38.3B56.2B
Non Currrent Assets Other4.3B2.5B3.6B4.9B4.9B4.0B
Other Assets4.6B2.9B3.9B1.6B1.8B3.1B
Cash And Short Term Investments1.7B3.1B4.2B6.3B1.1B1.1B
Net Receivables24.4B21.1B20.6B23.9B2.6B2.5B
Good Will10.7B10.5B10.9B11.6B2.6B2.5B
Liabilities And Stockholders Equity124.4B116.4B125.5B148.8B179.9B98.9B
Non Current Liabilities Total50.0B46.1B45.1B53.7B16.7B30.4B
Inventory9.6B8.5B10.3B13.1B1.4B1.3B
Other Current Assets5.2B4.3B6.0B7.3B136.6B143.4B
Other Stockholder Equity22.0B22.0B22.0B22.1B27.4B20.4B
Total Liab87.2B78.1B80.6B100.2B129.6B65.6B
Total Current Assets41.0B36.3B41.0B49.2B141.7B148.7B
Accumulated Other Comprehensive Income(19.7B)7.7B8.4B9.8B9.0B9.5B
Short Term Debt13.0B8.0B10.1B12.5B2.5B2.3B
Intangible Assets2.2B2.5B2.8B3.7B313.8M298.1M
Common Stock5.1B5.0B5.0B5.0B5.7B4.8B
Other Liab6.2B6.6B5.8B5.7B6.5B5.9B
Net Tangible Assets22.5B19.9B20.7B25.9B29.8B17.9B
Current Deferred Revenue11.5B3.8B4.5B2.4B270.2M256.7M
Long Term Debt18.9B17.5B14.7B13.1B4.5B4.2B
Short Term Investments223.2M477.6M780.6M2.5B283.4M269.2M
Deferred Long Term Liab359.9M333.7M110.3M70.9M63.8M60.6M
Short Long Term Debt11.2B1.6B7.3B9.8B2.2B2.1B
Property Plant Equipment65.7B63.8B66.4B78.0B89.7B51.4B
Long Term Debt Total43.4B40.3B39.4B44.7B51.4B34.1B
Capital Surpluse22.1B22.0B22.0B22.2B25.5B21.8B

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Other Information on Investing in Aster Stock

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