Hindustan Other Liab vs Non Current Assets Total Analysis

HNDFDS Stock   554.40  2.05  0.37%   
Hindustan Foods financial indicator trend analysis is much more than just examining Hindustan Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Foods is a good investment. Please check the relationship between Hindustan Foods Other Liab and its Non Current Assets Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Foods 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 unemployment.

Other Liab vs Non Current Assets Total

Other Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Foods Other Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hindustan Foods' Other Liab and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Hindustan Foods Limited, assuming nothing else is changed. The correlation between historical values of Hindustan Foods' Other Liab 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 Other Liab of Hindustan Foods 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 Other Liab i.e., Hindustan Foods' Other Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Liab

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 Hindustan Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Foods 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Foods 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 unemployment.
At present, Hindustan Foods' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.8 B, whereas Tax Provision is forecasted to decline to about 143.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense196.9M358.0M566.8M595.2M
Depreciation And Amortization245.1M374.1M548.0M575.4M

Hindustan Foods fundamental ratios Correlations

1.00.951.01.01.01.00.990.891.00.530.770.681.01.00.990.961.01.00.690.990.990.980.640.960.98
1.00.961.00.991.01.00.980.861.00.530.760.661.01.00.980.951.01.00.661.00.990.990.640.950.97
0.950.960.940.940.950.970.920.720.950.560.680.540.950.950.90.840.950.940.540.980.950.980.560.870.9
1.01.00.940.991.00.991.00.891.00.550.790.71.01.00.990.961.01.00.710.990.990.980.630.970.99
1.00.990.940.990.990.990.980.881.00.460.730.670.991.00.980.970.991.00.680.991.00.990.660.950.97
1.01.00.951.00.990.990.990.891.00.560.780.691.01.00.990.961.01.00.70.990.990.980.620.970.99
1.01.00.970.990.990.990.980.841.00.530.740.631.01.00.970.940.990.990.631.00.990.990.630.940.96
0.990.980.921.00.980.990.980.920.990.590.820.750.990.991.00.970.990.990.750.980.980.960.60.981.0
0.890.860.720.890.880.890.840.920.880.550.860.820.880.880.930.940.890.90.880.840.860.80.530.920.94
1.01.00.951.01.01.01.00.990.880.530.770.671.01.00.990.961.01.00.680.990.990.990.630.960.98
0.530.530.560.550.460.560.530.590.550.530.830.620.560.520.580.450.560.520.620.530.470.450.060.640.63
0.770.760.680.790.730.780.740.820.860.770.830.760.790.760.820.750.790.770.80.750.730.680.340.820.84
0.680.660.540.70.670.690.630.750.820.670.620.760.680.660.760.760.690.70.950.620.680.580.590.820.78
1.01.00.951.00.991.01.00.990.881.00.560.790.681.00.990.951.01.00.680.990.990.980.610.960.98
1.01.00.951.01.01.01.00.990.881.00.520.760.661.00.980.961.01.00.671.00.990.990.630.950.98
0.990.980.90.990.980.990.971.00.930.990.580.820.760.990.980.980.990.990.770.970.970.950.620.981.0
0.960.950.840.960.970.960.940.970.940.960.450.750.760.950.960.980.960.970.790.930.960.920.680.960.97
1.01.00.951.00.991.00.990.990.891.00.560.790.691.01.00.990.961.00.70.990.990.980.620.960.99
1.01.00.941.01.01.00.990.990.91.00.520.770.71.01.00.990.971.00.710.990.990.980.650.960.98
0.690.660.540.710.680.70.630.750.880.680.620.80.950.680.670.770.790.70.710.630.670.580.480.80.8
0.991.00.980.990.990.991.00.980.840.990.530.750.620.991.00.970.930.990.990.630.990.990.60.930.96
0.990.990.950.991.00.990.990.980.860.990.470.730.680.990.990.970.960.990.990.670.990.990.690.940.97
0.980.990.980.980.990.980.990.960.80.990.450.680.580.980.990.950.920.980.980.580.990.990.650.910.94
0.640.640.560.630.660.620.630.60.530.630.060.340.590.610.630.620.680.620.650.480.60.690.650.630.61
0.960.950.870.970.950.970.940.980.920.960.640.820.820.960.950.980.960.960.960.80.930.940.910.630.99
0.980.970.90.990.970.990.961.00.940.980.630.840.780.980.981.00.970.990.980.80.960.970.940.610.99
Click cells to compare fundamentals

Hindustan Foods Account Relationship Matchups

Hindustan Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B6.9B9.9B13.4B19.3B20.2B
Short Long Term Debt Total1.6B2.2B3.5B5.1B7.3B7.7B
Total Current Liabilities2.0B2.7B3.8B5.0B6.9B7.2B
Total Stockholder Equity1.9B2.2B3.0B3.7B6.5B6.8B
Property Plant And Equipment Net2.7B3.2B5.1B6.8B9.2B9.7B
Net Debt1.3B1.7B3.2B4.7B6.8B7.1B
Accounts Payable1.4B2.1B2.7B3.4B4.3B4.5B
Cash287.9M444.4M326.0M398.7M431.8M453.4M
Non Current Assets Total2.9B3.5B5.5B7.4B10.6B11.1B
Non Currrent Assets Other107.2M111.9M687.0M1.0B164.7M186.7M
Cash And Short Term Investments311.4M448.5M377.6M1.0B433.5M455.1M
Common Stock Shares Outstanding91.3M95.0M112.7M112.7M113.0M67.1M
Liabilities And Stockholders Equity5.4B6.9B9.9B13.4B19.3B20.2B
Non Current Liabilities Total1.5B2.1B3.1B4.6B5.9B6.2B
Inventory1.1B1.7B2.4B3.3B4.9B5.2B
Other Current Assets354.8M441.3M542.3M663.3M846.6M888.9M
Other Stockholder Equity1.3B1.3B1.3B1.3B2.3B2.4B
Total Liab3.5B4.7B6.8B9.6B12.8B13.4B
Total Current Assets2.5B3.4B4.4B6.0B8.7B9.1B
Accumulated Other Comprehensive Income(22.4M)17.5M56.4M56.4M832.9M874.5M
Common Stock129.9M134.9M212.0M225.5M229.1M140.3M
Retained Earnings324.5M669.4M1.4B2.1B3.1B3.2B
Net Receivables605.1M866.6M1.1B1.5B2.5B2.6B
Short Term Debt261.2M304.1M743.8M1.1B1.9B2.0B
Intangible Assets10.3M5.1M684K4.4M14.6M15.3M
Other Liab102.4M163.4M206.9M295.4M339.7M356.7M
Net Tangible Assets1.9B2.2B3.0B3.7B4.3B4.5B
Current Deferred Revenue318.8M213.6M47.0M221.7M168.2M121.6M
Other Assets105.4M253.6M319.3M(1K)(1.2K)(1.1K)
Long Term Debt1.4B1.9B2.5B3.8B5.0B5.2B
Long Term Debt Total1.4B1.9B2.8B4.0B4.6B4.9B
Property Plant Equipment2.7B3.2B5.1B6.8B7.8B8.2B
Short Term Investments23.5M4.1M51.6M619.3M1.7M1.6M
Cash And Equivalents152.1M210M154.3M19.0M17.1M16.2M
Capital Lease Obligations16.5M22.4M239.6M212.7M438.9M460.8M
Net Invested Capital3.5B2.2B6.3B8.7B13.3B14.0B
Short Long Term Debt256.7M1.4M729.7M1.1B1.9B2.0B

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Other Information on Investing in Hindustan Stock

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