Indian Net Debt vs Total Current Liabilities Analysis

IMFA Stock

842.15 1.55 0.18%

Indian Metals financial indicator trend analysis is infinitely more than just investigating Indian Metals Ferro recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Metals Ferro is a good investment. Please check the relationship between Indian Metals Net Debt 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 Indian Metals Ferro. 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.

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indian Metals Ferro Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have no relationship.

The correlation between Indian Metals' Net Debt and Total Current Liabilities is 0.07. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Indian Metals Ferro, assuming nothing else is changed. The correlation between historical values of Indian Metals' Net Debt 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 Net Debt of Indian Metals Ferro 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 Net Debt i.e., Indian Metals' Net Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Total Current Liabilities

Total Current Liabilities is an item on Indian Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Indian Metals Ferro 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 Indian Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Metals Ferro 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 Metals Ferro. 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.

Selling General Administrative is likely to gain to about 2.4 B in 2024, whereas Tax Provision is likely to drop slightly above 776.9 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	18.7B	22.7B	17.8B	12.7B
Gross Profit	13.9B	12.2B	12.0B	8.0B

Other Operating Expenses Gross Profit

Indian Metals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets
Total Assets		0.65	0.92	0.53	0.38	0.65	0.16	0.21	0.39	0.79	0.24	0.63	0.3	0.88	0.06	0.77	0.07	0.71	-0.08	-0.2	0.11	0.91	0.13	-0.05	0.07	0.63
Other Current Liab	0.65		0.62	0.52	0.45	0.22	0.36	-0.04	0.26	0.63	0.08	0.3	0.54	0.51	-0.19	0.44	-0.22	0.42	0.07	-0.38	0.2	0.64	0.16	-0.23	0.23	0.51
Total Current Liabilities	0.92	0.62		0.46	0.32	0.58	0.02	0.1	0.28	0.76	0.24	0.6	0.2	0.83	0.05	0.75	0.07	0.73	-0.29	-0.2	-0.04	0.81	0.0	-0.1	-0.19	0.51
Total Stockholder Equity	0.53	0.52	0.46		0.98	0.43	0.03	-0.59	0.09	0.81	0.77	-0.12	0.9	0.18	-0.77	0.12	-0.77	0.07	0.01	-0.56	0.83	0.74	0.85	-0.81	-0.26	0.82
Retained Earnings	0.38	0.45	0.32	0.98		0.33	-0.02	-0.7	0.03	0.75	0.8	-0.29	0.93	0.0	-0.87	-0.06	-0.87	-0.1	0.03	-0.57	0.89	0.61	0.91	-0.89	-0.3	0.81
Accounts Payable	0.65	0.22	0.58	0.43	0.33		0.25	0.13	0.2	0.61	0.37	0.43	0.11	0.57	-0.05	0.48	-0.06	0.42	-0.41	-0.01	0.19	0.72	0.18	-0.07	-0.24	0.48
Cash	0.16	0.36	0.02	0.03	-0.02	0.25		0.46	0.37	-0.05	-0.29	0.41	0.12	0.28	0.19	0.31	0.1	0.22	0.13	0.07	0.09	0.24	-0.08	0.3	0.55	0.02
Long Term Debt	0.21	-0.04	0.1	-0.59	-0.7	0.13	0.46		0.28	-0.39	-0.65	0.81	-0.63	0.58	0.92	0.62	0.9	0.59	0.08	0.47	-0.66	0.03	-0.72	0.94	0.61	-0.47
Net Receivables	0.39	0.26	0.28	0.09	0.03	0.2	0.37	0.28		0.27	-0.17	0.32	0.06	0.33	0.21	0.29	0.18	0.18	-0.01	0.07	-0.08	0.21	-0.12	0.16	0.33	0.32
Inventory	0.79	0.63	0.76	0.81	0.75	0.61	-0.05	-0.39	0.27		0.61	0.06	0.63	0.43	-0.5	0.27	-0.48	0.22	-0.2	-0.38	0.47	0.81	0.51	-0.59	-0.3	0.92
Other Current Assets	0.24	0.08	0.24	0.77	0.8	0.37	-0.29	-0.65	-0.17	0.61		-0.34	0.66	-0.11	-0.78	-0.19	-0.75	-0.22	-0.1	-0.4	0.71	0.46	0.77	-0.8	-0.46	0.68
Total Liab	0.63	0.3	0.6	-0.12	-0.29	0.43	0.41	0.81	0.32	0.06	-0.34		-0.31	0.91	0.69	0.96	0.68	0.93	-0.08	0.21	-0.43	0.5	-0.47	0.64	0.37	-0.16
Common Stock	0.3	0.54	0.2	0.9	0.93	0.11	0.12	-0.63	0.06	0.63	0.66	-0.31		-0.05	-0.83	-0.11	-0.84	-0.16	0.28	-0.64	0.84	0.53	0.83	-0.82	-0.06	0.74
Property Plant Equipment	0.88	0.51	0.83	0.18	0.0	0.57	0.28	0.58	0.33	0.43	-0.11	0.91	-0.05		0.45	0.96	0.45	0.93	-0.08	-0.01	-0.23	0.77	-0.24	0.36	0.21	0.21
Short Long Term Debt Total	0.06	-0.19	0.05	-0.77	-0.87	-0.05	0.19	0.92	0.21	-0.5	-0.78	0.69	-0.83	0.45		0.51	1.0	0.52	-0.01	0.55	-0.84	-0.21	-0.86	0.98	0.46	-0.62
Property Plant And Equipment Net	0.77	0.44	0.75	0.12	-0.06	0.48	0.31	0.62	0.29	0.27	-0.19	0.96	-0.11	0.96	0.51		0.5	0.98	-0.08	0.02	-0.28	0.67	-0.29	0.42	0.22	0.02
Net Debt	0.07	-0.22	0.07	-0.77	-0.87	-0.06	0.1	0.9	0.18	-0.48	-0.75	0.68	-0.84	0.45	1.0	0.5		0.53	-0.03	0.55	-0.86	-0.21	-0.86	0.96	0.42	-0.62
Non Current Assets Total	0.71	0.42	0.73	0.07	-0.1	0.42	0.22	0.59	0.18	0.22	-0.22	0.93	-0.16	0.93	0.52	0.98	0.53		-0.1	0.03	-0.31	0.6	-0.31	0.43	0.2	-0.07
Non Currrent Assets Other	-0.08	0.07	-0.29	0.01	0.03	-0.41	0.13	0.08	-0.01	-0.2	-0.1	-0.08	0.28	-0.08	-0.01	-0.08	-0.03	-0.1		-0.54	0.15	-0.03	0.13	0.05	0.62	-0.02
Other Assets	-0.2	-0.38	-0.2	-0.56	-0.57	-0.01	0.07	0.47	0.07	-0.38	-0.4	0.21	-0.64	-0.01	0.55	0.02	0.55	0.03	-0.54		-0.43	-0.36	-0.45	0.56	0.09	-0.4
Cash And Short Term Investments	0.11	0.2	-0.04	0.83	0.89	0.19	0.09	-0.66	-0.08	0.47	0.71	-0.43	0.84	-0.23	-0.84	-0.28	-0.86	-0.31	0.15	-0.43		0.4	0.98	-0.79	-0.13	0.66
Common Stock Shares Outstanding	0.91	0.64	0.81	0.74	0.61	0.72	0.24	0.03	0.21	0.81	0.46	0.5	0.53	0.77	-0.21	0.67	-0.21	0.6	-0.03	-0.36	0.4		0.39	-0.27	-0.03	0.7
Short Term Investments	0.13	0.16	0.0	0.85	0.91	0.18	-0.08	-0.72	-0.12	0.51	0.77	-0.47	0.83	-0.24	-0.86	-0.29	-0.86	-0.31	0.13	-0.45	0.98	0.39		-0.84	-0.22	0.68
Non Current Liabilities Total	-0.05	-0.23	-0.1	-0.81	-0.89	-0.07	0.3	0.94	0.16	-0.59	-0.8	0.64	-0.82	0.36	0.98	0.42	0.96	0.43	0.05	0.56	-0.79	-0.27	-0.84		0.54	-0.67
Other Stockholder Equity	0.07	0.23	-0.19	-0.26	-0.3	-0.24	0.55	0.61	0.33	-0.3	-0.46	0.37	-0.06	0.21	0.46	0.22	0.42	0.2	0.62	0.09	-0.13	-0.03	-0.22	0.54		-0.16
Total Current Assets	0.63	0.51	0.51	0.82	0.81	0.48	0.02	-0.47	0.32	0.92	0.68	-0.16	0.74	0.21	-0.62	0.02	-0.62	-0.07	-0.02	-0.4	0.66	0.7	0.68	-0.67	-0.16

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Indian Metals Account Relationship Matchups

Indian Metals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.1B	25.4B	28.2B	26.5B	28.3B	18.2B
Other Current Liab	1.2B	2.1B	3.0B	1.8B	2.4B	1.8B
Total Current Liabilities	7.4B	7.4B	8.6B	6.7B	6.5B	4.6B
Total Stockholder Equity	10.8B	12.4B	17.2B	18.7B	21.2B	22.3B
Retained Earnings	5.8B	7.4B	12.1B	13.7B	16.1B	17.0B
Accounts Payable	1.9B	1.6B	882.1M	1.6B	2.4B	1.6B
Cash	53.6M	74.6M	74.1M	80.6M	517.6M	543.5M
Long Term Debt	3.4B	2.9B	94.5M	53.9M	2M	1.9M
Net Receivables	510.3M	1.1B	1.6B	4.3B	847.3M	804.9M
Inventory	4.3B	4.5B	6.2B	6.5B	7.1B	3.8B
Other Current Assets	2.1B	2.3B	2.0B	4.9B	4.1B	4.3B
Total Liab	13.0B	12.7B	10.8B	7.5B	7.0B	10.0B
Property Plant Equipment	14.5B	13.7B	13.5B	10.2B	11.8B	9.3B
Short Long Term Debt Total	7.1B	6.8B	4.9B	3.4B	1.8B	1.8B
Property Plant And Equipment Net	14.5B	13.7B	13.8B	10.2B	10.4B	12.3B
Net Debt	7.1B	6.7B	4.8B	3.3B	1.3B	1.3B
Non Current Assets Total	17.3B	16.4B	16.9B	11.5B	11.7B	14.6B
Non Currrent Assets Other	(9M)	2.1B	200K	578.6M	1.1B	1.2B
Other Assets	200K	500K	2.2M	578.6M	(1.0)	(0.95)
Cash And Short Term Investments	468.5M	1.4B	1.6B	3.0B	4.5B	4.7B
Short Term Investments	414.9M	1.3B	1.5B	2.9B	4.0B	4.2B
Liabilities And Stockholders Equity	24.1B	25.4B	28.2B	26.5B	28.3B	23.3B
Non Current Liabilities Total	5.6B	5.3B	2.2B	850.9M	550.6M	523.1M
Other Stockholder Equity	(9.6B)	(8.9B)	1.7B	1.4B	1.3B	1.2B
Total Current Assets	6.9B	9.0B	11.3B	15.0B	16.6B	8.7B
Accumulated Other Comprehensive Income	(5.3B)	3.1B	3.1B	3.1B	3.1B	3.3B
Other Liab	2.1B	2.2B	2.0B	616.9M	709.4M	674.0M
Current Deferred Revenue	713.9M	460.3M	707.5M	1.2B	7.4M	7.0M
Short Term Debt	3.6B	3.7B	4.7B	3.2B	1.7B	3.0B
Net Tangible Assets	10.6B	12.2B	16.9B	18.5B	21.2B	12.6B
Short Long Term Debt	3.6B	2.8B	4.7B	3.2B	1.7B	2.9B
Long Term Debt Total	3.5B	3.1B	94.5M	234M	210.6M	200.1M
Net Invested Capital	17.8B	18.2B	21.9B	21.9B	22.9B	22.4B
Net Working Capital	(513.6M)	1.6B	2.7B	8.4B	10.1B	10.6B

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Indian Net Debt vs Total Current Liabilities Analysis

Net Debt vs Total Current Liabilities

Net Debt vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Net Debt

Total Current Liabilities

Indian Metals fundamental ratios Correlations

Indian Metals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Indian Metals fundamental ratios Accounts

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Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Short Term Investments	+ 0.98	Cash And Short Term Investments
Property Plant And Equipment Net	+ 0.96	Total Liab

Non Current Liabilities Total	- 0.89	Retained Earnings
Net Debt	- 0.87	Retained Earnings
Short Long Term Debt Total	- 0.87	Retained Earnings
Short Term Investments	- 0.86	Net Debt
Cash And Short Term Investments	- 0.86	Net Debt
Short Term Investments	- 0.86	Short Long Term Debt Total