Britannia Total Current Assets vs Short Long Term Debt Total Analysis

BRITANNIA   4,787  5.75  0.12%   
Britannia Industries financial indicator trend analysis is way more than just evaluating Britannia Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Britannia Industries is a good investment. Please check the relationship between Britannia Industries Total Current Assets and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Britannia Industries 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 nation.

Total Current Assets vs Short Long Term Debt Total

Total Current Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Britannia Industries Total Current Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Britannia Industries' Total Current Assets and Short Long Term Debt Total is 0.81. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Britannia Industries Limited, assuming nothing else is changed. The correlation between historical values of Britannia Industries' Total Current Assets and Short Long Term Debt 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 Assets of Britannia Industries Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Assets i.e., Britannia Industries' Total Current Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Short Long Term Debt Total

Most indicators from Britannia Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Britannia Industries 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 Britannia Industries 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 nation.
As of the 11th of December 2024, Selling General Administrative is likely to drop to about 217.6 M. In addition to that, Tax Provision is likely to drop to about 6.3 B
 2021 2022 2023 2024 (projected)
Interest Expense1.4B1.7B1.6B1.7B
Depreciation And Amortization2.0B2.3B3.0B3.2B

Britannia Industries fundamental ratios Correlations

0.850.680.930.810.970.830.840.960.650.99-0.040.920.410.510.880.840.620.360.940.990.540.740.910.010.63
0.850.860.950.490.831.00.530.80.580.87-0.260.860.130.420.880.830.260.240.950.810.440.520.860.20.91
0.680.860.840.20.730.840.290.680.690.71-0.270.79-0.140.620.790.570.130.010.850.640.630.260.780.260.73
0.930.950.840.590.940.930.650.940.710.93-0.150.90.180.550.870.870.380.190.990.920.580.650.890.220.79
0.810.490.20.590.70.490.970.740.280.780.130.650.670.240.590.730.720.530.610.820.270.80.65-0.210.34
0.970.830.730.940.70.810.780.970.760.96-0.110.920.240.630.880.80.610.150.950.960.660.670.90.110.59
0.831.00.840.930.490.810.520.770.520.86-0.260.840.140.370.870.830.240.260.940.790.380.520.840.20.92
0.840.530.290.650.970.780.520.810.390.810.130.730.520.360.630.750.810.340.660.850.40.810.72-0.070.32
0.960.80.680.940.740.970.770.810.740.930.00.910.310.580.790.830.590.210.920.980.620.770.890.160.55
0.650.580.690.710.280.760.520.390.740.62-0.120.71-0.050.90.530.430.36-0.060.670.660.920.310.660.10.36
0.990.870.710.930.780.960.860.810.930.62-0.10.910.40.50.910.820.620.370.950.960.520.70.90.020.66
-0.04-0.26-0.27-0.150.13-0.11-0.260.130.0-0.12-0.1-0.01-0.19-0.16-0.17-0.140.17-0.18-0.160.01-0.160.110.0-0.22-0.33
0.920.860.790.90.650.920.840.730.910.710.91-0.010.170.580.880.730.570.180.920.920.60.561.00.050.61
0.410.13-0.140.180.670.240.140.520.31-0.050.4-0.190.17-0.110.180.30.420.880.180.41-0.090.530.17-0.320.05
0.510.420.620.550.240.630.370.360.580.90.5-0.160.58-0.110.440.320.38-0.090.530.521.00.120.54-0.060.27
0.880.880.790.870.590.880.870.630.790.530.91-0.170.880.180.440.730.440.190.930.850.460.490.880.050.69
0.840.830.570.870.730.80.830.750.830.430.82-0.140.730.30.320.730.320.250.850.840.360.780.730.220.79
0.620.260.130.380.720.610.240.810.590.360.620.170.570.420.380.440.320.210.410.620.40.520.57-0.15-0.06
0.360.240.010.190.530.150.260.340.21-0.060.37-0.180.180.88-0.090.190.250.210.20.33-0.090.30.2-0.510.27
0.940.950.850.990.610.950.940.660.920.670.95-0.160.920.180.530.930.850.410.20.920.560.620.910.170.78
0.990.810.640.920.820.960.790.850.980.660.960.010.920.410.520.850.840.620.330.920.550.750.9-0.010.59
0.540.440.630.580.270.660.380.40.620.920.52-0.160.6-0.091.00.460.360.4-0.090.560.550.180.57-0.010.28
0.740.520.260.650.80.670.520.810.770.310.70.110.560.530.120.490.780.520.30.620.750.180.540.330.35
0.910.860.780.890.650.90.840.720.890.660.90.01.00.170.540.880.730.570.20.910.90.570.540.020.62
0.010.20.260.22-0.210.110.2-0.070.160.10.02-0.220.05-0.32-0.060.050.22-0.15-0.510.17-0.01-0.010.330.020.13
0.630.910.730.790.340.590.920.320.550.360.66-0.330.610.050.270.690.79-0.060.270.780.590.280.350.620.13
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Britannia Industries Account Relationship Matchups

Britannia Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.4B80.1B75.2B93.5B90.7B95.3B
Short Long Term Debt Total15.5B21.2B24.8B30.0B20.6B21.7B
Other Current Liab6.2B8.1B8.7B11.3B11.7B12.3B
Total Current Liabilities25.7B36.1B41.6B41.3B40.8B42.9B
Total Stockholder Equity44.0B35.5B25.6B35.3B39.4B20.2B
Property Plant And Equipment Net17.6B17.5B21.2B25.8B27.9B29.3B
Net Debt14.7B19.8B23.6B28.9B17.5B18.4B
Retained Earnings31.6B21.9B20.9B32.3B36.3B19.8B
Accounts Payable10.5B13.1B13.2B14.5B16.3B17.1B
Cash812.3M1.4B1.2B1.0B3.2B3.4B
Non Current Assets Total41.7B35.9B35.5B46.1B42.2B44.4B
Non Currrent Assets Other3.6B3.0B2.9B3.1B2.0B3.6B
Cash And Short Term Investments11.2B15.7B9.8B24.5B20.2B21.2B
Net Receivables16.6B16.0B3.3B3.3B3.9B5.4B
Common Stock Shares Outstanding240.4M240.4M240.8M240.9M277.0M264.2M
Liabilities And Stockholders Equity78.4B80.1B75.2B93.5B90.7B95.3B
Non Current Liabilities Total8.4B8.1B7.7B16.5B10.2B10.7B
Inventory7.4B10.9B13.7B11.9B12.0B6.5B
Other Current Assets14.9B1.0B1.0B13.1B12.5B13.1B
Other Stockholder Equity12.2B13.4B2.4B2.4B2.5B3.7B
Total Liab34.0B44.2B49.3B57.9B51.1B53.6B
Total Current Assets36.7B44.2B39.7B47.5B48.5B50.9B
Accumulated Other Comprehensive Income(7.2B)10.9B2.0B388.7M423.1M444.3M
Common Stock240.1M240.3M240.5M240.9M277.0M263.7M
Good Will1.4B1.4B1.4B1.3B1.3B1.2B
Short Term Investments10.4B14.3B8.6B23.5B17.7B18.6B
Intangible Assets83.7M85.4M156M142.4M109M108.6M
Short Term Debt7.7B13.6B17.6B14.3B11.5B6.9B
Current Deferred Revenue6.1B8.6B9.8B10.8B420.4M399.4M
Other Liab425.6M434.2M481.9M739.2M850.1M448.3M
Net Tangible Assets32.7B41.2B42.6B34.0B39.1B29.4B
Other Assets3.8B3.1B517.2M1.1B1.2B2.0B
Long Term Debt7.6B7.5B7.1B15.5B9.0B5.0B
Short Long Term Debt7.7B13.4B17.6B14.3B11.4B6.9B
Property Plant Equipment17.6B17.5B21.2B25.8B29.6B16.3B
Long Term Debt Total7.8B7.6B7.2B15.7B18.0B18.9B
Capital Surpluse481.7M855.7M1.2B2.4B2.8B1.4B
Capital Lease Obligations193.7M172.1M156.6M168.6M237.5M129.9M

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Other Information on Investing in Britannia Stock

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