Sandhar Total Current Assets vs Total Assets Analysis

SANDHAR Stock   516.75  2.90  0.56%   
Sandhar Technologies financial indicator trend analysis is much more than just breaking down Sandhar Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandhar Technologies is a good investment. Please check the relationship between Sandhar Technologies Total Current Assets and its Total Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.

Total Current Assets vs Total Assets

Total Current Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandhar Technologies Total Current Assets account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sandhar Technologies' Total Current Assets and Total Assets is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Sandhar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Sandhar Technologies' Total Current Assets and Total Assets 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 Sandhar Technologies Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Assets i.e., Sandhar Technologies' Total Current Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Assets

Total assets refers to the total amount of Sandhar Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sandhar Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Sandhar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sandhar Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sandhar Technologies 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 rate.
As of 12/28/2024, Selling General Administrative is likely to drop to about 210.1 M. In addition to that, Tax Provision is likely to drop to about 288.9 M
 2021 2022 2023 2024 (projected)
Interest Expense160.4M357.8M515.2M540.9M
Depreciation And Amortization1.0B1.2B1.5B877.3M

Sandhar Technologies fundamental ratios Correlations

0.730.390.910.960.98-0.10.550.910.970.210.980.160.260.930.690.860.540.640.990.340.640.950.970.750.79
0.73-0.040.570.560.770.230.940.610.64-0.230.780.27-0.180.640.40.620.390.960.780.50.050.840.60.790.85
0.39-0.040.670.320.280.0-0.380.250.410.970.260.560.980.280.330.010.54-0.130.330.020.80.430.550.210.13
0.910.570.670.840.850.00.310.780.920.520.840.350.550.870.680.670.560.430.90.320.760.910.970.770.66
0.960.560.320.840.95-0.30.430.920.930.170.95-0.010.210.910.680.890.460.490.940.240.670.820.920.630.68
0.980.770.280.850.95-0.170.630.910.930.091.00.10.150.880.670.890.530.70.990.360.550.930.910.750.79
-0.10.230.00.0-0.3-0.170.22-0.230.02-0.05-0.160.32-0.030.06-0.17-0.310.10.28-0.080.16-0.280.13-0.010.00.09
0.550.94-0.380.310.430.630.220.490.47-0.550.640.05-0.50.510.280.570.20.930.620.46-0.220.640.380.660.75
0.910.610.250.780.920.91-0.230.490.880.090.910.020.130.860.620.920.430.540.90.260.570.810.850.640.83
0.970.640.410.920.930.930.020.470.880.240.930.090.280.970.710.830.490.560.960.30.640.920.980.690.72
0.21-0.230.970.520.170.09-0.05-0.550.090.240.080.51.00.130.2-0.120.39-0.30.14-0.080.760.240.40.04-0.04
0.980.780.260.840.951.0-0.160.640.910.930.080.120.130.890.650.890.530.710.990.350.540.930.910.750.82
0.160.270.560.35-0.010.10.320.050.020.090.50.120.550.01-0.2-0.130.630.210.16-0.040.340.350.230.310.36
0.26-0.180.980.550.210.15-0.03-0.50.130.281.00.130.550.160.22-0.090.48-0.240.19-0.070.780.290.430.070.02
0.930.640.280.870.910.880.060.510.860.970.130.890.010.160.690.820.340.540.910.350.570.870.940.70.71
0.690.40.330.680.680.67-0.170.280.620.710.20.65-0.20.220.690.550.230.290.70.240.320.620.70.530.42
0.860.620.010.670.890.89-0.310.570.920.83-0.120.89-0.13-0.090.820.550.260.550.870.150.430.730.760.660.72
0.540.390.540.560.460.530.10.20.430.490.390.530.630.480.340.230.260.390.550.110.510.580.540.320.47
0.640.96-0.130.430.490.70.280.930.540.56-0.30.710.21-0.240.540.290.550.390.680.41-0.040.750.50.590.8
0.990.780.330.90.940.99-0.080.620.90.960.140.990.160.190.910.70.870.550.680.350.550.950.940.80.81
0.340.50.020.320.240.360.160.460.260.3-0.080.35-0.04-0.070.350.240.150.110.410.350.070.420.310.490.3
0.640.050.80.760.670.55-0.28-0.220.570.640.760.540.340.780.570.320.430.51-0.040.550.070.530.740.30.31
0.950.840.430.910.820.930.130.640.810.920.240.930.350.290.870.620.730.580.750.950.420.530.930.820.84
0.970.60.550.970.920.91-0.010.380.850.980.40.910.230.430.940.70.760.540.50.940.310.740.930.710.71
0.750.790.210.770.630.750.00.660.640.690.040.750.310.070.70.530.660.320.590.80.490.30.820.710.73
0.790.850.130.660.680.790.090.750.830.72-0.040.820.360.020.710.420.720.470.80.810.30.310.840.710.73
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Sandhar Technologies Account Relationship Matchups

Sandhar Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.7B16.0B19.8B21.6B24.3B15.6B
Short Long Term Debt Total2.8B3.1B6.1B6.7B7.3B4.5B
Other Current Liab437.5M463.9M628.8M1.1B1.1B946.5M
Total Current Liabilities5.0B5.9B7.7B7.8B9.7B6.9B
Total Stockholder Equity7.6B8.0B8.6B9.2B10.2B6.4B
Property Plant And Equipment Net8.5B8.4B10.0B12.2B13.5B8.5B
Current Deferred Revenue(2.0B)396.9M402.2M476.0M112.7M123.8M
Net Debt2.8B3.0B6.1B6.6B7.0B4.2B
Retained Earnings3.8B4.3B4.8B5.4B6.3B6.6B
Accounts Payable2.4B3.9B3.9B4.1B4.9B3.4B
Cash67.0M59.7M41.0M65.1M331.4M306.7M
Non Current Assets Total9.2B9.3B11.8B13.7B15.1B9.4B
Non Currrent Assets Other101.9M17.6M311.9M367.7M292.6M264.0M
Cash And Short Term Investments96.5M75.1M99.6M356.7M432.8M390.0M
Net Receivables1.9B3.9B4.5B3.6B4.6B3.0B
Short Term Investments29.4M15.4M58.5M291.6M101.3M83.3M
Liabilities And Stockholders Equity13.7B16.0B19.8B21.6B24.3B15.6B
Non Current Liabilities Total1.0B2.0B3.4B4.5B4.4B2.3B
Inventory2.0B2.1B2.6B3.0B3.4B2.3B
Other Current Assets412.2M520.1M837.4M1.1B811.0M732.8M
Total Liab6.0B7.9B11.1B12.3B14.1B9.2B
Total Current Assets4.4B6.6B8.0B7.8B9.2B6.2B
Accumulated Other Comprehensive Income(2.8B)396.4M445.4M466.5M480.8M504.8M
Short Term Debt2.0B1.3B2.9B2.6B3.6B2.5B
Intangible Assets88.1M95.3M681.7M607.8M629.1M660.6M
Other Liab238.9M220.1M189.4M134.1M154.2M189.2M
Net Tangible Assets7.1B7.5B7.9B7.9B9.0B6.1B
Other Assets155.9M189.1M583.1M431.9M(8.3M)(7.9M)
Long Term Debt9.1M992.8M2.5B3.0B2.9B1.6B
Short Long Term Debt1.9B1.1B2.7B2.4B3.4B2.2B
Property Plant Equipment7.7B8.5B8.4B10.0B11.5B8.1B
Long Term Debt Total84.7M788.7M1.8B3.3B3.8B4.0B
Capital Lease Obligations952.0M897.8M985.5M1.2B1.2B848.1M

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