Karur Other Current Assets vs Cash And Short Term Investments Analysis

KARURVYSYA   238.70  3.80  1.57%   
Karur Vysya financial indicator trend analysis is infinitely more than just investigating Karur Vysya Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karur Vysya Bank is a good investment. Please check the relationship between Karur Vysya Other Current Assets and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karur Vysya Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Other Current Assets vs Cash And Short Term Investments

Other Current Assets vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karur Vysya Bank Other Current Assets account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Karur Vysya's Other Current Assets and Cash And Short Term Investments is 0.35. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Karur Vysya Bank, assuming nothing else is changed. The correlation between historical values of Karur Vysya's Other Current Assets and Cash And Short Term Investments 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 Current Assets of Karur Vysya Bank are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Assets i.e., Karur Vysya's Other Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Karur Vysya Bank balance sheet. This account contains Karur Vysya investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Karur Vysya Bank fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Karur Vysya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karur Vysya Bank 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karur Vysya Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Karur Vysya's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 87.3 M in 2024, whereas Tax Provision is likely to drop slightly above 2.7 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense28.7B31.7B43.9B25.9B
Depreciation And Amortization1.2B1.1B1.0B732.2M

Karur Vysya fundamental ratios Correlations

0.280.810.74-0.640.320.890.26-0.850.270.390.290.30.080.450.310.910.47-0.480.470.88-0.40.810.88-0.750.8
0.280.090.390.16-0.170.34-0.02-0.350.130.39-0.25-0.080.310.280.230.37-0.170.02-0.170.190.13-0.10.020.18-0.07
0.810.090.58-0.880.260.760.6-0.92-0.040.60.60.650.290.630.580.740.74-0.620.740.83-0.590.770.89-0.820.87
0.740.390.58-0.43-0.020.77-0.09-0.620.540.220.13-0.07-0.180.480.040.9-0.03-0.07-0.030.67-0.420.330.65-0.630.34
-0.640.16-0.88-0.43-0.16-0.73-0.570.680.12-0.59-0.52-0.62-0.28-0.56-0.52-0.53-0.660.65-0.66-0.680.7-0.72-0.870.81-0.86
0.32-0.170.26-0.02-0.160.17-0.13-0.210.37-0.260.2-0.09-0.35-0.55-0.230.220.5-0.350.490.22-0.050.430.28-0.250.34
0.890.340.760.77-0.730.170.15-0.730.350.450.260.190.080.490.250.850.3-0.520.290.86-0.540.720.87-0.720.71
0.26-0.020.6-0.09-0.57-0.130.15-0.6-0.810.80.440.990.750.660.940.070.77-0.430.780.3-0.240.360.33-0.290.61
-0.85-0.35-0.92-0.620.68-0.21-0.73-0.60.05-0.67-0.43-0.61-0.38-0.67-0.64-0.8-0.660.53-0.66-0.790.41-0.66-0.760.69-0.77
0.270.13-0.040.540.120.370.35-0.810.05-0.56-0.12-0.77-0.73-0.37-0.750.46-0.430.1-0.440.22-0.080.090.19-0.2-0.16
0.390.390.60.22-0.59-0.260.450.8-0.67-0.560.10.750.850.780.930.290.49-0.340.50.35-0.250.250.38-0.30.51
0.29-0.250.60.13-0.520.20.260.44-0.43-0.120.10.54-0.10.320.230.280.6-0.560.60.57-0.420.510.49-0.450.49
0.3-0.080.65-0.07-0.62-0.090.190.99-0.61-0.770.750.540.680.660.90.110.81-0.490.820.37-0.30.430.4-0.350.66
0.080.310.29-0.18-0.28-0.350.080.75-0.38-0.730.85-0.10.680.60.85-0.060.36-0.20.370.03-0.020.10.070.050.29
0.450.280.630.48-0.56-0.550.490.66-0.67-0.370.780.320.660.60.730.480.25-0.290.270.49-0.380.280.47-0.440.44
0.310.230.580.04-0.52-0.230.250.94-0.64-0.750.930.230.90.850.730.140.64-0.290.650.31-0.140.260.29-0.240.52
0.910.370.740.9-0.530.220.850.07-0.80.460.290.280.11-0.060.480.140.24-0.390.230.79-0.450.590.78-0.70.57
0.47-0.170.74-0.03-0.660.50.30.77-0.66-0.430.490.60.810.360.250.640.24-0.591.00.5-0.310.650.55-0.490.79
-0.480.02-0.62-0.070.65-0.35-0.52-0.430.530.1-0.34-0.56-0.49-0.2-0.29-0.29-0.39-0.59-0.59-0.440.53-0.67-0.620.55-0.71
0.47-0.170.74-0.03-0.660.490.290.78-0.66-0.440.50.60.820.370.270.650.231.0-0.590.5-0.310.640.55-0.490.79
0.880.190.830.67-0.680.220.860.3-0.790.220.350.570.370.030.490.310.790.5-0.440.5-0.460.830.87-0.710.76
-0.40.13-0.59-0.420.7-0.05-0.54-0.240.41-0.08-0.25-0.42-0.3-0.02-0.38-0.14-0.45-0.310.53-0.31-0.46-0.45-0.660.58-0.57
0.81-0.10.770.33-0.720.430.720.36-0.660.090.250.510.430.10.280.260.590.65-0.670.640.83-0.450.87-0.690.9
0.880.020.890.65-0.870.280.870.33-0.760.190.380.490.40.070.470.290.780.55-0.620.550.87-0.660.87-0.870.89
-0.750.18-0.82-0.630.81-0.25-0.72-0.290.69-0.2-0.3-0.45-0.350.05-0.44-0.24-0.7-0.490.55-0.49-0.710.58-0.69-0.87-0.75
0.8-0.070.870.34-0.860.340.710.61-0.77-0.160.510.490.660.290.440.520.570.79-0.710.790.76-0.570.90.89-0.75
Click cells to compare fundamentals

Karur Vysya Account Relationship Matchups

Karur Vysya fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets682.8B746.2B800.4B901.8B1.1T535.3B
Short Long Term Debt Total14.1B42.9B19.4B19.2B24.8B20.9B
Total Stockholder Equity66.0B69.6B76.0B85.8B100.4B105.4B
Property Plant And Equipment Net5.9B5.4B4.8B4.4B4.3B3.7B
Net Debt(32.5B)(34.9B)(32.2B)(32.6B)(56.6B)(53.8B)
Retained Earnings17.4M410.3M1.3B57.8B2.0B1.9B
Cash43.9B63.2B49.3B47.0B56.6B32.0B
Non Current Assets Total5.9B5.4B4.8B4.4B1.2T1.3T
Non Currrent Assets Other(157.6B)(160.2B)(172.2B)(188.1B)(227.8B)(216.4B)
Other Assets655.2B704.4B775.4B884.3B(280.0B)(266.0B)
Cash And Short Term Investments21.8B36.4B20.3B13.1B56.6B59.4B
Common Stock Shares Outstanding799.3M799.3M800.4M803.0M803.6M847.6M
Liabilities And Stockholders Equity682.8B746.2B800.4B901.8B1.1T535.3B
Non Current Liabilities Total9.6B7.6B7.4B9.5B950.3B997.8B
Other Stockholder Equity(40.7B)20.7B20.7B(35.4B)98.8B103.7B
Total Liab616.8B676.6B724.5B9.5B955.5B1.0T
Total Current Assets21.8B36.4B20.3B13.1B128.3B134.8B
Accumulated Other Comprehensive Income(9.3B)46.9B52.4B61.8B98.8B103.7B
Other Current Liab(1.8B)(1.6B)(1.5B)258.6B275.9B289.7B
Accounts Payable1.9B1.8B1.6B1.5B1.3B1.5B
Total Current Liabilities1.8B1.6B1.5B263.5B291.0B305.6B
Other Current Assets48.3B65.8B58.9B59.0B71.8B43.6B
Net Receivables16.8B11.4B12.4B16.4B14.7B13.9B
Other Liab10.2B10.3B14.0B19.2B22.1B11.8B
Net Tangible Assets64.2B66.0B69.6B76.0B87.4B62.4B
Long Term Debt11.8B25.3B13.4B14.3B12.9B17.0B
Long Term Investments157.6B160.2B172.2B188.1B223.4B175.8B
Short Term Debt2.2B17.7B6.0B4.9B15.1B12.9B
Property Plant Equipment5.9B5.4B4.8B4.4B5.0B5.3B
Current Deferred Revenue(4.1B)(453.7M)(16.1B)(4.5B)(4.1B)(4.3B)
Short Term Investments(22.2B)(26.8B)(29.0B)(33.8B)(30.4B)(28.9B)
Long Term Debt Total11.8B25.3B13.4B14.3B12.9B15.0B
Inventory(57.3B)(59.7B)(78.2B)(75.3B)(67.8B)(71.1B)
Earning Assets170.6B156.3B174.0B160.2B184.2B178.3B
Net Invested Capital77.4B94.9B89.4B100.2B125.2B102.2B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Karur Stock Analysis

When running Karur Vysya's price analysis, check to measure Karur Vysya's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Karur Vysya is operating at the current time. Most of Karur Vysya's value examination focuses on studying past and present price action to predict the probability of Karur Vysya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karur Vysya's price. Additionally, you may evaluate how the addition of Karur Vysya to your portfolios can decrease your overall portfolio volatility.