Indian Non Current Assets Total vs Intangible Assets Analysis

IEX Stock   180.62  0.49  0.27%   
Indian Energy financial indicator trend analysis is infinitely more than just investigating Indian Energy Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Energy Exchange is a good investment. Please check the relationship between Indian Energy Non Current Assets Total and its Intangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Energy Exchange. 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.

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Energy Exchange Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Indian Energy's Non Current Assets Total and Intangible Assets is 0.66. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Indian Energy Exchange, assuming nothing else is changed. The correlation between historical values of Indian Energy's Non Current Assets Total 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 Non Current Assets Total of Indian Energy Exchange 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 Non Current Assets Total i.e., Indian Energy's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Indian Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Energy Exchange 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 Indian Energy Exchange. 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.
The current year's Selling General Administrative is expected to grow to about 410.8 M, whereas Tax Provision is forecasted to decline to about 812 M.
 2021 2022 2023 2024 (projected)
Interest Expense19.7M24.6M28.3M29.8M
Depreciation And Amortization172.3M185.9M204.7M116.3M

Indian Energy fundamental ratios Correlations

0.790.980.860.81-0.620.860.890.690.75-0.020.940.64-0.210.950.62-0.60.72-0.150.980.950.650.840.340.260.86
0.790.850.620.57-0.60.610.710.640.48-0.150.810.69-0.170.810.27-0.670.41-0.260.840.820.670.60.340.160.61
0.980.850.80.74-0.710.790.890.780.65-0.030.970.7-0.190.960.54-0.660.7-0.151.00.970.640.810.320.190.81
0.860.620.80.73-0.551.00.930.50.910.090.760.71-0.650.780.58-0.360.61-0.140.810.770.560.950.350.290.97
0.810.570.740.73-0.230.760.630.310.72-0.050.710.29-0.210.760.7-0.710.85-0.060.760.70.720.590.520.330.69
-0.62-0.6-0.71-0.55-0.23-0.53-0.78-0.97-0.25-0.1-0.77-0.720.34-0.69-0.390.37-0.23-0.03-0.71-0.77-0.15-0.66-0.090.16-0.62
0.860.610.791.00.76-0.530.920.480.910.070.760.68-0.640.780.61-0.380.64-0.130.80.770.580.930.350.30.97
0.890.710.890.930.63-0.780.920.740.740.090.880.79-0.570.870.51-0.440.58-0.090.90.890.480.960.250.160.96
0.690.640.780.50.31-0.970.480.740.210.050.830.64-0.120.760.45-0.470.310.040.780.840.20.60.1-0.130.57
0.750.480.650.910.72-0.250.910.740.21-0.010.520.55-0.570.560.56-0.280.65-0.280.660.530.660.830.420.260.83
-0.02-0.15-0.030.09-0.05-0.10.070.090.05-0.010.030.01-0.170.03-0.240.18-0.110.63-0.040.02-0.290.120.25-0.440.08
0.940.810.970.760.71-0.770.760.880.830.520.030.63-0.180.990.54-0.660.61-0.020.971.00.490.770.250.20.81
0.640.690.70.710.29-0.720.680.790.640.550.010.63-0.550.60.18-0.230.36-0.250.690.670.540.740.240.080.66
-0.21-0.17-0.19-0.65-0.210.34-0.64-0.57-0.12-0.57-0.17-0.18-0.55-0.19-0.19-0.03-0.180.03-0.19-0.19-0.2-0.61-0.19-0.05-0.61
0.950.810.960.780.76-0.690.780.870.760.560.030.990.6-0.190.54-0.670.64-0.030.960.990.520.780.270.260.82
0.620.270.540.580.7-0.390.610.510.450.56-0.240.540.18-0.190.54-0.490.58-0.050.570.540.420.480.170.110.57
-0.6-0.67-0.66-0.36-0.710.37-0.38-0.44-0.47-0.280.18-0.66-0.23-0.03-0.67-0.49-0.620.21-0.67-0.63-0.68-0.25-0.450.13-0.34
0.720.410.70.610.85-0.230.640.580.310.65-0.110.610.36-0.180.640.58-0.62-0.090.710.60.730.560.450.240.57
-0.15-0.26-0.15-0.14-0.06-0.03-0.13-0.090.04-0.280.63-0.02-0.250.03-0.03-0.050.21-0.09-0.15-0.04-0.44-0.04-0.25-0.12-0.06
0.980.841.00.810.76-0.710.80.90.780.66-0.040.970.69-0.190.960.57-0.670.71-0.150.970.640.810.320.190.82
0.950.820.970.770.7-0.770.770.890.840.530.021.00.67-0.190.990.54-0.630.6-0.040.970.510.780.250.210.81
0.650.670.640.560.72-0.150.580.480.20.66-0.290.490.54-0.20.520.42-0.680.73-0.440.640.510.410.530.120.43
0.840.60.810.950.59-0.660.930.960.60.830.120.770.74-0.610.780.48-0.250.56-0.040.810.780.410.190.260.97
0.340.340.320.350.52-0.090.350.250.10.420.250.250.24-0.190.270.17-0.450.45-0.250.320.250.530.19-0.160.2
0.260.160.190.290.330.160.30.16-0.130.26-0.440.20.08-0.050.260.110.130.24-0.120.190.210.120.26-0.160.32
0.860.610.810.970.69-0.620.970.960.570.830.080.810.66-0.610.820.57-0.340.57-0.060.820.810.430.970.20.32
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Indian Energy Account Relationship Matchups

Indian Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B9.9B17.0B14.5B17.7B9.1B
Other Current Liab91.9M2.0B3.1B2.0B1.8B1.5B
Total Current Liabilities2.4B3.8B9.5B6.1B7.5B3.8B
Total Stockholder Equity3.9B5.3B7.0B8.0B9.7B10.2B
Property Plant And Equipment Net218.3M248.4M202.4M251.9M201.9M143.3M
Net Debt10.5M(343.2M)(2.1B)(429.3M)(1.4B)(1.3B)
Retained Earnings3.5B4.8B6.0B6.9B8.7B9.1B
Accounts Payable765.7M1.7B6.4B4.0B5.6B5.9B
Cash128.6M460.5M2.2B570.3M1.5B815.7M
Non Current Assets Total3.2B2.5B2.2B6.8B5.9B6.2B
Non Currrent Assets Other633.3M25.8M2.5M1.4B1.9B2.0B
Cash And Short Term Investments3.4B7.0B13.7B7.5B10.2B6.0B
Net Receivables1.9M32.0M881.4M73.8M862.7M905.9M
Common Stock Shares Outstanding895.2M895.6M896.0M895.5M889.2M721.2M
Short Term Investments3.2B6.6B11.5B7.0B8.7B5.2B
Liabilities And Stockholders Equity6.7B9.9B17.0B14.5B17.7B9.1B
Non Current Liabilities Total439.3M471.1M390.8M438.7M501.2M377.3M
Inventory(3.1B)(5.4B)(6.2B)(3.2B)(857.6M)(900.5M)
Other Current Assets3.2B953.3M2.4B2.2B1.6B1.1B
Other Stockholder Equity90.3M118.6M143.4M169.1M822K780.9K
Total Liab2.8B4.3B9.9B6.5B8.0B4.2B
Total Current Assets3.4B7.4B14.7B7.7B11.8B6.4B
Accumulated Other Comprehensive Income(106.7M)118.6M143.4M169.1M169.0M177.5M
Intangible Assets1.0B1.0B945.1M888.0M848.0M658.1M
Common Stock298.3M298.5M897.8M890.9M1.0B1.1B
Short Long Term Debt Total158.3M117.3M100.1M141.0M103.6M123.8M
Other Liab299.5M322.3M371.0M337.3M387.9M319.4M
Net Tangible Assets2.7B2.9B4.2B6.6B7.6B8.0B
Current Deferred Revenue1.5B2.1B3.1B1.8B69.4M65.9M
Other Assets650.6M59.8M2.5M716K1.00.95
Short Term Debt22.1M(102.4M)(45.9M)(48.6M)42.1M44.2M
Property Plant Equipment218.3M248.4M202.4M251.9M289.7M145.5M
Long Term Debt Total136.1M100.1M80.0M103.6M119.2M66.0M
Cash And Equivalents531.0M508.2M128.6M646.1M581.5M420.9M
Net Invested Capital3.9B5.3B7.0B8.0B9.7B6.4B
Net Working Capital1.1B3.5B5.2B1.6B4.3B2.8B
Capital Stock298.3M298.5M897.8M890.9M1.0B656.0M

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Other Information on Investing in Indian Stock

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