Himadri Short Term Investments vs Intangible Assets Analysis

HSCL Stock   527.10  3.05  0.58%   
Himadri Speciality financial indicator trend analysis is much more than just examining Himadri Speciality latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Himadri Speciality is a good investment. Please check the relationship between Himadri Speciality Short Term Investments and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Himadri Speciality Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Investments vs Intangible Assets

Short Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Himadri Speciality Short Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Himadri Speciality's Short Term Investments and Intangible Assets is -0.25. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Himadri Speciality Chemical, assuming nothing else is changed. The correlation between historical values of Himadri Speciality's Short Term Investments and Intangible 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 Short Term Investments of Himadri Speciality Chemical are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Investments i.e., Himadri Speciality's Short Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Himadri Speciality balance sheet. It contains any investments Himadri Speciality Chemical undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Himadri Speciality can easily liquidate in the marketplace.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Himadri Speciality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Himadri Speciality 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 Himadri Speciality Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Himadri Speciality's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 43.8 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense292.6M660.7M607.4M553.4M
Depreciation And Amortization495.5M508.5M498.6M440.2M

Himadri Speciality fundamental ratios Correlations

0.15-0.070.910.750.860.010.50.93-0.120.470.83-0.270.90.40.140.620.770.870.63-0.02-0.72-0.190.670.72-0.03
0.15-0.330.29-0.150.290.98-0.170.190.750.10.250.690.060.490.040.710.080.05-0.380.010.180.39-0.28-0.280.36
-0.07-0.33-0.06-0.12-0.12-0.320.0-0.12-0.350.220.050.2-0.11-0.440.180.08-0.04-0.120.060.250.13-0.01-0.15-0.130.07
0.910.29-0.060.570.850.150.450.83-0.050.550.74-0.160.910.28-0.020.770.680.70.520.1-0.70.120.50.740.07
0.75-0.15-0.120.570.61-0.250.730.69-0.330.320.69-0.530.640.520.090.20.910.820.65-0.15-0.8-0.450.970.66-0.23
0.860.29-0.120.850.610.210.210.940.010.30.88-0.230.740.280.220.60.550.790.33-0.14-0.57-0.140.530.53-0.09
0.010.98-0.320.15-0.250.21-0.340.120.81-0.060.20.75-0.060.40.140.63-0.06-0.03-0.5-0.090.340.35-0.39-0.390.26
0.5-0.170.00.450.730.21-0.340.24-0.490.660.21-0.450.470.46-0.410.150.840.410.610.32-0.84-0.050.780.570.22
0.930.19-0.120.830.690.940.120.24-0.010.220.93-0.230.820.350.370.570.610.90.41-0.25-0.55-0.30.580.6-0.23
-0.120.75-0.35-0.05-0.330.010.81-0.49-0.01-0.360.070.71-0.070.280.390.42-0.19-0.09-0.47-0.320.580.1-0.45-0.32-0.05
0.470.10.220.550.320.3-0.060.660.22-0.360.15-0.180.330.22-0.460.360.510.170.440.84-0.630.140.360.260.65
0.830.250.050.740.690.880.20.210.930.070.15-0.050.720.380.50.630.640.880.29-0.33-0.43-0.340.540.48-0.32
-0.270.690.2-0.16-0.53-0.230.75-0.45-0.230.71-0.18-0.05-0.260.10.280.5-0.27-0.31-0.57-0.070.680.36-0.68-0.550.19
0.90.06-0.110.910.640.74-0.060.470.82-0.070.330.72-0.260.250.130.620.690.750.59-0.14-0.66-0.080.580.89-0.25
0.40.49-0.440.280.520.280.40.460.350.280.220.380.10.250.150.350.590.490.0-0.06-0.3-0.140.410.070.16
0.140.040.18-0.020.090.220.14-0.410.370.39-0.460.50.280.130.150.17-0.050.4-0.27-0.580.42-0.47-0.09-0.07-0.61
0.620.710.080.770.20.60.630.150.570.420.360.630.50.620.350.170.470.420.090.03-0.190.320.040.290.17
0.770.08-0.040.680.910.55-0.060.840.61-0.190.510.64-0.270.690.59-0.050.470.730.660.03-0.79-0.180.860.65-0.01
0.870.05-0.120.70.820.79-0.030.410.9-0.090.170.88-0.310.750.490.40.420.730.45-0.33-0.59-0.410.70.61-0.32
0.63-0.380.060.520.650.33-0.50.610.41-0.470.440.29-0.570.590.0-0.270.090.660.450.19-0.72-0.170.730.730.02
-0.020.010.250.1-0.15-0.14-0.090.32-0.25-0.320.84-0.33-0.07-0.14-0.06-0.580.030.03-0.330.19-0.250.22-0.05-0.130.77
-0.720.180.13-0.7-0.8-0.570.34-0.84-0.550.58-0.63-0.430.68-0.66-0.30.42-0.19-0.79-0.59-0.72-0.250.07-0.86-0.74-0.14
-0.190.39-0.010.12-0.45-0.140.35-0.05-0.30.10.14-0.340.36-0.08-0.14-0.470.32-0.18-0.41-0.170.220.07-0.43-0.090.46
0.67-0.28-0.150.50.970.53-0.390.780.58-0.450.360.54-0.680.580.41-0.090.040.860.70.73-0.05-0.86-0.430.68-0.15
0.72-0.28-0.130.740.660.53-0.390.570.6-0.320.260.48-0.550.890.07-0.070.290.650.610.73-0.13-0.74-0.090.68-0.34
-0.030.360.070.07-0.23-0.090.260.22-0.23-0.050.65-0.320.19-0.250.16-0.610.17-0.01-0.320.020.77-0.140.46-0.15-0.34
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Himadri Speciality Account Relationship Matchups

Himadri Speciality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B27.9B34.5B36.8B44.5B25.1B
Short Long Term Debt Total5.1B7.3B5.9B8.4B6.0B7.5B
Other Current Liab248.9M241.8M1.1B522.7M436.8M717.5M
Total Current Liabilities7.4B8.4B14.1B12.5B12.0B7.3B
Total Stockholder Equity17.3B17.9B18.7B22.8B30.5B32.0B
Property Plant And Equipment Net16.3B16.3B16.2B16.1B16.0B12.5B
Net Debt4.7B6.8B4.1B6.3B3.9B6.8B
Cash419.9M445.5M1.7B2.1B2.1B2.3B
Non Current Assets Total17.3B17.4B17.9B17.9B21.4B14.4B
Non Currrent Assets Other925.7M181.1M126.7M122.3M544.1M808.9M
Cash And Short Term Investments419.9M1.3B2.6B6.5B2.2B1.5B
Common Stock Shares Outstanding418.6M418.8M419.0M420.9M448.4M430.4M
Liabilities And Stockholders Equity25.6B27.9B34.5B36.8B44.5B25.1B
Non Current Liabilities Total858.5M1.6B1.8B1.5B2.0B3.4B
Inventory4.1B3.4B7.7B5.4B7.0B4.0B
Other Current Assets3.9B1.0B1.2B6.1B7.2B7.6B
Other Stockholder Equity12.0B4.6B4.6B5.5B9.7B8.9B
Total Liab8.3B10.0B15.9B14.0B14.1B11.9B
Total Current Assets8.4B10.5B16.7B18.9B23.1B24.2B
Accumulated Other Comprehensive Income(5.5B)2.1B2.5B3.6B3.0B3.2B
Common Stock418.6M418.8M419.0M432.7M492.6M435.0M
Net Receivables3.1B4.8B5.2B5.3B6.6B4.3B
Short Term Investments42.5M836.2M901.2M4.4B8.2M7.8M
Intangible Assets18.4M13.1M6.7M6.6M8.2M12.3M
Current Deferred Revenue47.6M264.2M760.1M300.5M136.8M130.0M
Retained Earnings10.5B10.9B11.2B13.3B17.3B18.1B
Accounts Payable2.3B1.5B7.8B3.5B5.7B2.9B
Short Term Debt4.8B6.4B4.9B7.9B5.8B4.4B
Other Liab567.4M662.3M777.5M1.0B901.0M839.2M
Net Tangible Assets17.3B17.9B18.7B22.8B26.2B15.6B
Other Assets459.1M503.4M503.1M88.4M79.6M75.6M
Long Term Debt181.4M843.9M931.7M483.1M215.4M204.6M
Short Long Term Debt4.8B5.9B4.9B7.9B5.8B5.6B
Property Plant Equipment16.3B16.3B16.2B16.1B18.5B15.3B
Long Term Debt Total291.2M914.6M987.6M527.3M474.5M450.8M
Capital Surpluse4.5B4.6B4.6B5.5B6.3B5.1B
Net Invested Capital22.4B24.7B24.5B31.2B36.5B28.4B
Cash And Equivalents409K81.7M300.4M81.3M93.4M93.2M
Net Working Capital935.8M2.1B2.6B6.4B11.0B11.6B

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