III Non Current Assets Total vs Total Current Liabilities Analysis

III Stock   3,558  74.00  2.04%   
3I Group financial indicator trend analysis is way more than just evaluating 3I Group PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3I Group PLC is a good investment. Please check the relationship between 3I Group Non Current Assets Total and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3I Group PLC Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 3I Group's Non Current Assets Total and Total Current Liabilities is 0.17. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of 3I Group PLC, assuming nothing else is changed. The correlation between historical values of 3I Group's Non Current Assets Total and Total Current Liabilities 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 3I Group PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., 3I Group's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Total Current Liabilities

Total Current Liabilities is an item on 3I Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of 3I Group PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from 3I Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3I Group PLC 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 3I Group PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, 3I Group's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2024 (projected)
Interest Expense92M78.3M
Depreciation And Amortization6M9.4M

3I Group fundamental ratios Correlations

1.00.890.95-0.31-0.520.070.02-0.30.090.230.530.130.67-0.660.13-0.240.340.090.540.160.51-0.561.0-0.560.82
1.00.880.96-0.34-0.50.01-0.04-0.340.130.190.550.180.63-0.650.17-0.290.310.040.530.160.46-0.531.0-0.530.84
0.890.880.81-0.24-0.510.230.14-0.180.020.240.440.040.53-0.450.05-0.130.380.210.240.30.59-0.660.88-0.660.62
0.950.960.81-0.35-0.44-0.19-0.22-0.580.38-0.040.470.440.49-0.580.42-0.510.1-0.080.40.090.33-0.420.95-0.420.84
-0.31-0.34-0.24-0.350.130.350.390.07-0.13-0.05-0.69-0.170.060.01-0.130.46-0.10.4-0.17-0.060.060.24-0.320.24-0.35
-0.52-0.5-0.51-0.440.13-0.32-0.380.00.07-0.34-0.40.12-0.640.440.040.06-0.37-0.45-0.27-0.14-0.690.58-0.550.58-0.46
0.070.010.23-0.190.35-0.320.910.7-0.670.72-0.18-0.730.53-0.02-0.670.820.690.830.25-0.020.81-0.590.05-0.59-0.2
0.02-0.040.14-0.220.39-0.380.910.67-0.580.59-0.35-0.680.62-0.2-0.570.810.520.930.190.040.76-0.37-0.01-0.37-0.2
-0.3-0.34-0.18-0.580.070.00.70.67-0.850.68-0.01-0.930.210.11-0.870.850.570.430.160.060.3-0.18-0.33-0.18-0.46
0.090.130.020.38-0.130.07-0.67-0.58-0.85-0.76-0.150.95-0.32-0.021.0-0.81-0.61-0.27-0.24-0.26-0.310.190.120.190.21
0.230.190.24-0.04-0.05-0.340.720.590.68-0.760.34-0.780.62-0.01-0.770.710.970.440.440.20.6-0.590.22-0.590.06
0.530.550.440.47-0.69-0.4-0.18-0.35-0.01-0.150.34-0.10.17-0.17-0.14-0.30.4-0.410.340.320.07-0.440.56-0.440.57
0.130.180.040.44-0.170.12-0.73-0.68-0.930.95-0.78-0.1-0.350.010.96-0.88-0.66-0.42-0.24-0.24-0.370.250.160.250.27
0.670.630.530.490.06-0.640.530.620.21-0.320.620.17-0.35-0.69-0.280.360.610.60.650.070.74-0.470.65-0.470.49
-0.66-0.65-0.45-0.580.010.44-0.02-0.20.11-0.02-0.01-0.170.01-0.69-0.060.070.02-0.17-0.630.02-0.270.03-0.650.03-0.6
0.130.170.050.42-0.130.04-0.67-0.57-0.871.0-0.77-0.140.96-0.28-0.06-0.83-0.62-0.27-0.21-0.26-0.290.190.150.190.24
-0.24-0.29-0.13-0.510.460.060.820.810.85-0.810.71-0.3-0.880.360.07-0.830.60.620.150.120.41-0.16-0.28-0.16-0.4
0.340.310.380.1-0.1-0.370.690.520.57-0.610.970.4-0.660.610.02-0.620.60.440.40.220.65-0.720.33-0.720.14
0.090.040.21-0.080.4-0.450.830.930.43-0.270.44-0.41-0.420.6-0.17-0.270.620.440.11-0.040.82-0.470.07-0.47-0.13
0.540.530.240.4-0.17-0.270.250.190.16-0.240.440.34-0.240.65-0.63-0.210.150.40.11-0.370.34-0.320.53-0.320.49
0.160.160.30.09-0.06-0.14-0.020.040.06-0.260.20.32-0.240.070.02-0.260.120.22-0.04-0.370.0-0.030.17-0.030.32
0.510.460.590.330.06-0.690.810.760.3-0.310.60.07-0.370.74-0.27-0.290.410.650.820.340.0-0.830.51-0.830.22
-0.56-0.53-0.66-0.420.240.58-0.59-0.37-0.180.19-0.59-0.440.25-0.470.030.19-0.16-0.72-0.47-0.32-0.03-0.83-0.571.0-0.3
1.01.00.880.95-0.32-0.550.05-0.01-0.330.120.220.560.160.65-0.650.15-0.280.330.070.530.170.51-0.57-0.570.84
-0.56-0.53-0.66-0.420.240.58-0.59-0.37-0.180.19-0.59-0.440.25-0.470.030.19-0.16-0.72-0.47-0.32-0.03-0.831.0-0.57-0.3
0.820.840.620.84-0.35-0.46-0.2-0.2-0.460.210.060.570.270.49-0.60.24-0.40.14-0.130.490.320.22-0.30.84-0.3
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3I Group Account Relationship Matchups

3I Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B10.3B13.9B17.8B21.6B22.7B
Total Stockholder Equity7.8B9.2B12.8B16.8B20.2B21.2B
Other Liab116M97M98M966M869.4M912.9M
Retained Earnings822M916M1.1B1.3B1.5B1.6B
Accounts Payable73M62M80M76M96M88.6M
Other Assets323M133M115M384M(190M)(180.5M)
Total Liab810M1.2B1.2B975M1.5B1.4B
Intangible Assets9M8M6M5M4M3.8M
Common Stock Shares Outstanding969.7M966.5M968.6M965.3M966.9M942.5M
Property Plant And Equipment Net24M21M16M12M53M55.7M
Non Currrent Assets Other340M(27M)(18M)113M(21.1B)(20.0B)
Liabilities And Stockholders Equity8.6B10.3B13.9B17.8B21.6B22.7B
Other Stockholder Equity710M724M689M682M699M696.2M
Short Long Term Debt Total595M992M989M785M1.3B957.1M
Other Current Liab(79M)13M(294M)(90M)62M65.1M
Total Current Liabilities122M84M324M120M165M160.3M
Net Debt(176M)776M777M623M893M937.7M
Cash771M216M212M162M358M562.1M
Non Current Assets Total7.3B9.9B13.5B17.2B21.3B22.4B
Cash And Short Term Investments771M216M212M162M358M562.1M
Total Current Assets930M257M378M281M537M1.0B
Net Receivables7M8M51M40M49M46.6M
Accumulated Other Comprehensive Income5.5B6.8B10.2B14.1B17.2B18.1B
Net Tangible Assets7.9B7.7B9.2B12.7B14.7B7.6B
Long Term Investments7.4B9.9B14.3B17.5B21.0B22.1B
Net Invested Capital8.3B10.1B13.7B17.6B21.4B13.7B

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Other Information on Investing in III Stock

Balance Sheet is a snapshot of the financial position of 3I Group PLC at a specified time, usually calculated after every quarter, six months, or one year. 3I Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 3I Group 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 III currently owns. An asset can also be divided into two categories, current and non-current.