Maharashtra Short Term Investments vs Non Currrent Assets Other Analysis

MAHSCOOTER   9,608  52.70  0.55%   
Maharashtra Scooters financial indicator trend analysis is infinitely more than just investigating Maharashtra Scooters recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maharashtra Scooters is a good investment. Please check the relationship between Maharashtra Scooters Short Term Investments and its Non Currrent Assets Other accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maharashtra Scooters Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Short Term Investments vs Non Currrent Assets Other

Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maharashtra Scooters Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between Maharashtra Scooters' Short Term Investments and Non Currrent Assets Other is -0.82. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Maharashtra Scooters Limited, assuming nothing else is changed. The correlation between historical values of Maharashtra Scooters' Short Term Investments and Non Currrent Assets Other 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 Maharashtra Scooters Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Short Term Investments i.e., Maharashtra Scooters' Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Short Term Investments

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

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Maharashtra Scooters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maharashtra Scooters 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 Maharashtra Scooters Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 30th of December 2024, Selling General Administrative is likely to grow to about 6.8 M, while Tax Provision is likely to drop about 27.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit86.1M2.1B2.2B2.3B
Total Revenue169.2M2.2B2.2B2.3B

Maharashtra Scooters fundamental ratios Correlations

-0.47-0.451.00.510.23-0.340.9-0.220.240.33-0.670.740.360.330.960.250.68-0.32-0.670.250.960.650.950.98-0.75
-0.471.0-0.48-0.58-0.190.14-0.390.28-0.19-0.470.12-0.43-0.01-0.25-0.36-0.19-0.180.10.12-0.19-0.370.11-0.41-0.560.16
-0.451.0-0.46-0.58-0.190.14-0.350.32-0.24-0.490.1-0.420.03-0.25-0.33-0.24-0.130.10.1-0.24-0.340.14-0.39-0.540.11
1.0-0.48-0.460.530.22-0.330.89-0.230.250.34-0.660.750.360.330.950.250.67-0.32-0.660.250.950.650.940.98-0.74
0.51-0.58-0.580.53-0.120.040.45-0.440.140.61-0.050.550.170.230.290.140.020.25-0.050.140.30.090.370.56-0.05
0.23-0.19-0.190.22-0.12-0.940.180.120.120.09-0.16-0.05-0.420.180.310.120.170.0-0.160.120.310.030.330.18-0.28
-0.340.140.14-0.330.04-0.94-0.27-0.08-0.15-0.10.21-0.050.37-0.23-0.41-0.15-0.220.00.21-0.16-0.41-0.14-0.43-0.30.34
0.9-0.39-0.350.890.450.18-0.270.15-0.210.26-0.720.620.460.370.87-0.210.74-0.23-0.72-0.210.870.530.810.85-0.78
-0.220.280.32-0.23-0.440.12-0.080.15-0.82-0.3-0.17-0.280.130.17-0.09-0.820.170.26-0.17-0.82-0.09-0.18-0.19-0.28-0.15
0.24-0.19-0.240.250.140.12-0.15-0.21-0.820.150.10.28-0.22-0.090.211.0-0.11-0.210.11.00.210.280.310.30.05
0.33-0.47-0.490.340.610.09-0.10.26-0.30.150.350.71-0.470.580.190.15-0.360.10.350.150.20.110.40.440.29
-0.670.120.1-0.66-0.05-0.160.21-0.72-0.170.10.35-0.1-0.650.11-0.750.1-0.850.311.00.1-0.74-0.33-0.57-0.560.91
0.74-0.43-0.420.750.55-0.05-0.050.62-0.280.280.71-0.10.080.620.660.280.21-0.13-0.10.280.660.660.790.81-0.23
0.36-0.010.030.360.17-0.420.370.460.13-0.22-0.47-0.650.08-0.20.33-0.220.66-0.1-0.65-0.220.330.350.150.28-0.59
0.33-0.25-0.250.330.230.18-0.230.370.17-0.090.580.110.62-0.20.29-0.09-0.12-0.090.11-0.090.290.220.420.390.06
0.96-0.36-0.330.950.290.31-0.410.87-0.090.210.19-0.750.660.330.290.210.76-0.33-0.750.211.00.680.970.91-0.84
0.25-0.19-0.240.250.140.12-0.15-0.21-0.821.00.150.10.28-0.22-0.090.21-0.11-0.210.11.00.210.280.320.30.05
0.68-0.18-0.130.670.020.17-0.220.740.17-0.11-0.36-0.850.210.66-0.120.76-0.11-0.32-0.85-0.110.760.510.580.57-0.96
-0.320.10.1-0.320.250.00.0-0.230.26-0.210.10.31-0.13-0.1-0.09-0.33-0.21-0.320.31-0.2-0.32-0.33-0.28-0.330.31
-0.670.120.1-0.66-0.05-0.160.21-0.72-0.170.10.351.0-0.1-0.650.11-0.750.1-0.850.310.1-0.74-0.33-0.57-0.560.91
0.25-0.19-0.240.250.140.12-0.16-0.21-0.821.00.150.10.28-0.22-0.090.211.0-0.11-0.20.10.210.280.320.30.05
0.96-0.37-0.340.950.30.31-0.410.87-0.090.210.2-0.740.660.330.291.00.210.76-0.32-0.740.210.670.970.92-0.83
0.650.110.140.650.090.03-0.140.53-0.180.280.11-0.330.660.350.220.680.280.51-0.33-0.330.280.670.680.62-0.51
0.95-0.41-0.390.940.370.33-0.430.81-0.190.310.4-0.570.790.150.420.970.320.58-0.28-0.570.320.970.680.94-0.68
0.98-0.56-0.540.980.560.18-0.30.85-0.280.30.44-0.560.810.280.390.910.30.57-0.33-0.560.30.920.620.94-0.65
-0.750.160.11-0.74-0.05-0.280.34-0.78-0.150.050.290.91-0.23-0.590.06-0.840.05-0.960.310.910.05-0.83-0.51-0.68-0.65
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Maharashtra Scooters Account Relationship Matchups

Maharashtra Scooters fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets82.3B172.8B247.0B204.0B293.9B308.6B
Other Current Liab110.5M90.0M74.7M71.4M75.6M143.1M
Total Current Liabilities121.1M111.8M79.8M60.6M115.4M151.6M
Total Stockholder Equity82.1B162.4B228.5B190.4B270.2B283.7B
Property Plant And Equipment Net153.3M142.8M125.1M119.8M100.6M111.2M
Net Debt(751.6M)(6.0M)(2.2M)(3.6M)(7M)(7.4M)
Cash751.6M6.0M2.2M3.6M7M6.7M
Non Current Assets Total80.3B171.8B245.6B167.3M293.7B308.4B
Non Currrent Assets Other(80.0B)4.1M(1.1B)(203.6B)63.6M66.8M
Cash And Short Term Investments1.8B796.3M1.1B203.8B7.5M7.1M
Net Receivables109.5M206.4M250.1M120.1M17.7M16.8M
Liabilities And Stockholders Equity82.3B172.8B247.0B204.0B293.9B308.6B
Inventory33.6M36.0M64.6M38.0M36.6M19.0M
Other Current Assets169.4M2M700K4.2M155.2M163.0M
Other Stockholder Equity(4.4B)1.0225.9B(25.0K)2.7B2.5B
Total Liab150.1M10.4B18.5B13.6B23.8B25.0B
Total Current Assets2.0B1.0B1.4B203.8B217M206.2M
Accumulated Other Comprehensive Income(184.1M)160.6B225.9B187.9B264.1B277.3B
Accounts Payable10.6M21.8M5.1M1.9M1.4M1.3M
Short Term Investments1.0B790.3M1.1B203.7B500K475K
Non Current Liabilities Total28.9M10.3B18.4B13.5B23.7B24.8B
Retained Earnings1.6B1.7B2.5B2.4B3.3B1.8B
Other Liab23.1M10.3B18.4B13.5B15.5B16.3B
Net Tangible Assets82.1B162.4B228.5B190.4B219.0B229.9B
Other Assets31.6M335.8M4.1M4.5M(1.3B)(1.3B)
Property Plant Equipment153.3M142.8M125.1M119.8M137.8M118.0M
Current Deferred Revenue6.5M2.6M2.7M9.7M11.1M11.7M
Short Term Debt(2.9M)6.5M2.6M2.7M9.7M0.0
Net Invested Capital82.1B162.4B228.5B190.4B270.2B177.4B
Net Working Capital1.8B929M1.3B203.8B130.4M123.9M

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Other Information on Investing in Maharashtra Stock

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