Sukhjit Cash And Short Term Investments vs Other Stockholder Equity Analysis

SUKHJITS   263.49  1.93  0.74%   
Sukhjit Starch financial indicator trend analysis is much more than just breaking down Sukhjit Starch Chemicals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sukhjit Starch Chemicals is a good investment. Please check the relationship between Sukhjit Starch Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sukhjit Starch Chemicals Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sukhjit Starch's Cash And Short Term Investments and Other Stockholder Equity is -0.6. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Sukhjit Starch Chemicals, assuming nothing else is changed. The correlation between historical values of Sukhjit Starch's Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Sukhjit Starch Chemicals are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Sukhjit Starch's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Sukhjit Starch Chemicals balance sheet. This account contains Sukhjit Starch investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sukhjit Starch Chemicals 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.

Other Stockholder Equity

Most indicators from Sukhjit Starch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sukhjit Starch Chemicals 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 Sukhjit Starch Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Selling General Administrative is likely to drop to about 197.4 M in 2024. Tax Provision is likely to drop to about 161.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense282.8M330.2M379.7M398.7M
Depreciation And Amortization356.4M348.3M400.6M420.6M

Sukhjit Starch fundamental ratios Correlations

0.970.480.960.990.980.97-0.050.980.660.80.710.770.670.920.63-0.050.990.950.80.910.81-0.9-0.420.010.89
0.970.460.910.920.981.0-0.090.980.570.660.670.680.770.890.640.140.990.880.810.850.67-0.8-0.590.140.85
0.480.460.420.460.490.47-0.340.50.350.410.380.290.450.390.27-0.040.470.40.610.390.48-0.58-0.19-0.010.46
0.960.910.420.970.890.91-0.030.890.770.80.670.860.460.980.66-0.040.920.990.650.940.82-0.89-0.31-0.210.96
0.990.920.460.970.940.92-0.030.940.690.870.730.810.570.920.62-0.170.950.970.740.930.88-0.93-0.3-0.110.89
0.980.980.490.890.940.98-0.091.00.550.710.70.650.790.840.560.030.990.860.850.840.71-0.84-0.50.120.81
0.971.00.470.910.920.98-0.140.980.570.650.670.660.770.890.630.140.990.870.820.840.67-0.8-0.590.140.85
-0.05-0.09-0.34-0.03-0.03-0.09-0.14-0.090.060.07-0.070.1-0.09-0.040.15-0.07-0.070.01-0.1-0.01-0.06-0.040.060.11-0.07
0.980.980.50.890.941.00.98-0.090.550.710.70.650.790.840.560.020.990.860.850.840.72-0.84-0.50.130.81
0.660.570.350.770.690.550.570.060.550.620.240.950.110.810.31-0.130.610.770.370.880.69-0.68-0.03-0.440.84
0.80.660.410.80.870.710.650.070.710.620.620.730.310.740.52-0.60.720.870.610.780.99-0.850.01-0.220.71
0.710.670.380.670.730.70.67-0.070.70.240.620.340.560.580.58-0.080.680.660.680.530.59-0.75-0.110.020.54
0.770.680.290.860.810.650.660.10.650.950.730.340.170.890.43-0.180.710.880.410.940.77-0.75-0.09-0.360.87
0.670.770.450.460.570.790.77-0.090.790.110.310.560.170.430.420.210.750.430.890.420.3-0.46-0.690.60.37
0.920.890.390.980.920.840.89-0.040.840.810.740.580.890.430.670.030.90.970.60.950.77-0.84-0.37-0.190.98
0.630.640.270.660.620.560.630.150.560.310.520.580.430.420.670.010.620.680.530.530.49-0.56-0.570.110.6
-0.050.14-0.04-0.04-0.170.030.14-0.070.02-0.13-0.6-0.08-0.180.210.030.010.06-0.17-0.1-0.11-0.580.18-0.470.230.05
0.990.990.470.920.950.990.99-0.070.990.610.720.680.710.750.90.620.060.90.820.870.73-0.84-0.530.120.86
0.950.880.40.990.970.860.870.010.860.770.870.660.880.430.970.68-0.170.90.640.940.88-0.9-0.27-0.170.94
0.80.810.610.650.740.850.82-0.10.850.370.610.680.410.890.60.53-0.10.820.640.610.62-0.65-0.50.270.57
0.910.850.390.940.930.840.84-0.010.840.880.780.530.940.420.950.53-0.110.870.940.610.82-0.87-0.27-0.210.94
0.810.670.480.820.880.710.67-0.060.720.690.990.590.770.30.770.49-0.580.730.880.620.82-0.850.0-0.270.76
-0.9-0.8-0.58-0.89-0.93-0.84-0.8-0.04-0.84-0.68-0.85-0.75-0.75-0.46-0.84-0.560.18-0.84-0.9-0.65-0.87-0.850.150.16-0.85
-0.42-0.59-0.19-0.31-0.3-0.5-0.590.06-0.5-0.030.01-0.11-0.09-0.69-0.37-0.57-0.47-0.53-0.27-0.5-0.270.00.15-0.59-0.33
0.010.14-0.01-0.21-0.110.120.140.110.13-0.44-0.220.02-0.360.6-0.190.110.230.12-0.170.27-0.21-0.270.16-0.59-0.29
0.890.850.460.960.890.810.85-0.070.810.840.710.540.870.370.980.60.050.860.940.570.940.76-0.85-0.33-0.29
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Sukhjit Starch Account Relationship Matchups

Sukhjit Starch fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B8.5B9.5B10.2B11.7B12.3B
Short Long Term Debt Total3.1B2.9B3.3B3.4B3.9B4.1B
Other Current Liab216.9M291.2M276.9M283.3M254.9M193.6M
Total Current Liabilities1.7B2.2B2.9B3.3B3.8B4.0B
Total Stockholder Equity3.3B4.1B4.7B5.0B5.8B6.1B
Property Plant And Equipment Net5.6B5.6B5.5B5.6B6.5B6.8B
Net Debt3.0B2.8B3.3B3.3B3.7B3.9B
Cash98.9M94.3M15.9M125.3M144.1M98.4M
Non Current Assets Total5.9B5.8B5.8B5.9B6.7B7.1B
Non Currrent Assets Other31.7M29.8M29.5M249.4M224.5M235.7M
Cash And Short Term Investments185.8M753.4M901.3M953.4M1.1B1.2B
Net Receivables820.3M673.9M1.0B793.8M912.8M610.2M
Liabilities And Stockholders Equity8.0B8.5B9.5B10.2B11.7B12.3B
Non Current Liabilities Total2.9B2.2B2.0B1.9B2.1B1.4B
Inventory1.0B1.1B1.8B2.3B2.7B2.8B
Other Current Assets58.7M172.2M274.5M295.1M339.3M172.3M
Other Stockholder Equity(2.4B)2.7B3.0B250.1M225.1M213.8M
Total Liab4.6B4.4B4.9B5.2B6.0B6.3B
Total Current Assets2.1B2.7B3.7B4.4B5.0B5.3B
Accounts Payable293.3M296.4M345.1M526.9M605.9M636.2M
Short Term Investments86.9M659.1M885.4M934.3M1.1B1.1B
Intangible Assets531K408K300K157K141.3K134.2K
Retained Earnings210.1M46.7M55.3M30.0M34.5M32.8M
Accumulated Other Comprehensive Income3.0B3.7B4.2B4.6B5.3B5.5B
Short Term Debt1.1B1.4B2.1B2.4B2.7B2.9B

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