Mcleod Total Current Assets vs Property Plant And Equipment Net Analysis

MCLEODRUSS   47.56  2.44  4.88%   
Mcleod Russel financial indicator trend analysis is infinitely more than just investigating Mcleod Russel India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mcleod Russel India is a good investment. Please check the relationship between Mcleod Russel Total Current Assets and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mcleod Russel India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Total Current Assets vs Property Plant And Equipment Net

Total Current Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mcleod Russel India Total Current Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mcleod Russel's Total Current Assets and Property Plant And Equipment Net is 0.7. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Mcleod Russel India, assuming nothing else is changed. The correlation between historical values of Mcleod Russel's Total Current Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Mcleod Russel India are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Assets i.e., Mcleod Russel's Total Current Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Mcleod Russel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mcleod Russel India 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 Mcleod Russel India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
As of 12/23/2024, Selling General Administrative is likely to drop to about 201.1 M. In addition to that, Tax Provision is likely to grow to about (474.8 M)
 2021 2022 2023 2024 (projected)
Interest Expense1.6B2.0B2.0B1.4B
Depreciation And Amortization748.1M698.9M657.9M702.3M

Mcleod Russel fundamental ratios Correlations

0.890.150.750.06-0.440.86-0.030.530.380.930.130.29-0.010.25-0.250.070.460.07-0.370.830.14-0.39-0.33-0.030.88
0.890.290.88-0.29-0.720.99-0.330.420.220.930.160.14-0.14-0.05-0.15-0.010.07-0.16-0.350.98-0.13-0.35-0.23-0.050.99
0.150.290.61-0.72-0.550.3-0.76-0.01-0.160.240.71-0.28-0.27-0.07-0.33-0.31-0.24-0.31-0.160.36-0.42-0.23-0.26-0.270.35
0.750.880.61-0.61-0.830.89-0.670.330.020.840.39-0.06-0.31-0.04-0.23-0.28-0.04-0.33-0.410.91-0.37-0.45-0.31-0.160.92
0.06-0.29-0.72-0.610.72-0.330.970.060.39-0.13-0.460.390.350.390.130.360.620.50.16-0.40.650.170.150.15-0.34
-0.44-0.72-0.55-0.830.72-0.720.67-0.09-0.03-0.67-0.360.160.570.56-0.110.310.520.70.3-0.750.70.320.090.35-0.75
0.860.990.30.89-0.33-0.72-0.370.360.120.920.110.07-0.14-0.06-0.13-0.050.03-0.16-0.340.98-0.16-0.34-0.19-0.040.99
-0.03-0.33-0.76-0.670.970.67-0.370.010.39-0.19-0.50.390.320.210.190.440.480.420.2-0.460.570.250.170.18-0.39
0.530.42-0.010.330.06-0.090.360.010.610.330.340.550.280.35-0.590.450.550.270.020.380.450.06-0.540.150.38
0.380.22-0.160.020.39-0.030.120.390.610.260.370.80.00.03-0.180.340.360.02-0.110.150.34-0.1-0.36-0.050.19
0.930.930.240.84-0.13-0.670.92-0.190.330.260.090.11-0.330.00.01-0.190.18-0.28-0.350.9-0.21-0.43-0.12-0.20.95
0.130.160.710.39-0.46-0.360.11-0.50.340.370.090.19-0.070.01-0.470.01-0.08-0.12-0.210.22-0.07-0.33-0.55-0.290.18
0.290.14-0.28-0.060.390.160.070.390.550.80.110.190.230.18-0.380.430.450.27-0.150.080.51-0.14-0.620.520.08
-0.01-0.14-0.27-0.310.350.57-0.140.320.280.0-0.33-0.070.230.47-0.60.750.410.95-0.08-0.190.880.24-0.390.49-0.25
0.25-0.05-0.07-0.040.390.56-0.060.210.350.030.00.010.180.47-0.470.060.840.680.02-0.040.65-0.13-0.230.24-0.04
-0.25-0.15-0.33-0.230.13-0.11-0.130.19-0.59-0.180.01-0.47-0.38-0.6-0.47-0.45-0.41-0.570.35-0.14-0.54-0.170.76-0.51-0.1
0.07-0.01-0.31-0.280.360.31-0.050.440.450.34-0.190.010.430.750.06-0.450.270.630.15-0.140.70.31-0.460.37-0.15
0.460.07-0.24-0.040.620.520.030.480.550.360.18-0.080.450.410.84-0.410.270.620.08-0.010.71-0.06-0.330.250.05
0.07-0.16-0.31-0.330.50.7-0.160.420.270.02-0.28-0.120.270.950.68-0.570.630.62-0.03-0.210.940.15-0.350.49-0.25
-0.37-0.35-0.16-0.410.160.3-0.340.20.02-0.11-0.35-0.21-0.15-0.080.020.350.150.08-0.03-0.390.010.150.29-0.11-0.37
0.830.980.360.91-0.4-0.750.98-0.460.380.150.90.220.08-0.19-0.04-0.14-0.14-0.01-0.21-0.39-0.2-0.4-0.2-0.090.99
0.14-0.13-0.42-0.370.650.7-0.160.570.450.34-0.21-0.070.510.880.65-0.540.70.710.940.01-0.20.16-0.390.45-0.22
-0.39-0.35-0.23-0.450.170.32-0.340.250.06-0.1-0.43-0.33-0.140.24-0.13-0.170.31-0.060.150.15-0.40.160.320.23-0.39
-0.33-0.23-0.26-0.310.150.09-0.190.17-0.54-0.36-0.12-0.55-0.62-0.39-0.230.76-0.46-0.33-0.350.29-0.2-0.390.32-0.45-0.18
-0.03-0.05-0.27-0.160.150.35-0.040.180.15-0.05-0.2-0.290.520.490.24-0.510.370.250.49-0.11-0.090.450.23-0.45-0.12
0.880.990.350.92-0.34-0.750.99-0.390.380.190.950.180.08-0.25-0.04-0.1-0.150.05-0.25-0.370.99-0.22-0.39-0.18-0.12
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Mcleod Russel Account Relationship Matchups

Mcleod Russel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.4B49.1B47.6B37.4B35.4B36.5B
Short Long Term Debt Total23.6B22.6B20.9B19.6B18.9B11.6B
Other Current Liab3.6B4.7B(130.4M)1.5B11.4B12.0B
Total Current Liabilities27.0B28.2B28.3B29.6B31.2B32.7B
Total Stockholder Equity18.5B18.2B16.5B5.7B2.5B2.4B
Property Plant And Equipment Net13.0B12.5B12.4B12.3B11.2B11.9B
Net Debt23.0B21.6B20.6B19.5B18.9B10.9B
Retained Earnings3.1B2.4B528.7M(10.2B)(13.4B)(12.7B)
Accounts Payable893.2M1.1B1.3B1.2B955.5M1.2B
Cash516.2M968.8M250.6M139.1M53.6M50.9M
Non Current Assets Total44.8B44.5B43.7B34.2B33.1B30.4B
Non Currrent Assets Other2.3M1.2M258.8M280.4M19.3B20.2B
Cash And Short Term Investments516.2M968.8M252.8M354.4M61.9M58.8M
Net Receivables605.3M617.8M757.7M637.4M476.5M452.7M
Good Will2.0B2.0B2.0B2.0B2.0B2.2B
Liabilities And Stockholders Equity49.4B49.1B47.6B37.4B35.4B36.5B
Non Current Liabilities Total3.8B2.6B2.9B2.1B1.7B2.8B
Inventory2.0B2.1B1.9B1.5B948.8M1.8B
Other Current Assets1.8B1.3B1.4B673.1M737.8M700.9M
Total Liab30.8B30.8B31.1B31.7B32.9B18.6B
Total Current Assets4.6B4.6B4.0B3.2B2.2B2.1B
Accumulated Other Comprehensive Income(3.4B)14.8B15.0B14.9B15.0B15.7B
Intangible Assets153.4M123.9M92.5M61.9M31.2M29.6M
Short Term Debt21.7B21.5B19.7B18.9B18.4B10.8B
Current Deferred Revenue4.3B5.6B7.2B8.0B24.2M23.0M
Other Liab1.9B1.5B1.7B1.4B1.6B1.9B
Net Tangible Assets16.4B16.1B14.4B3.6B3.2B3.1B
Other Assets7K29.3B28.5B209.6M(21K)(20.0K)
Long Term Debt1.9B1.1B1.2B720M499.3M474.3M
Short Long Term Debt21.6B19.0B19.6B18.9B18.4B13.2B
Property Plant Equipment13.0B12.5B12.4B12.3B11.0B12.7B
Long Term Debt Total1.9B1.1B1.2B746.3M671.7M638.1M
Net Invested Capital42.0B38.4B37.3B25.3B21.4B26.9B
Net Working Capital(22.4B)(23.6B)(24.3B)(26.4B)(29.0B)(30.4B)

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