Tamilnad Total Liab vs Net Debt Analysis

TMB Stock

501.35 4.35 0.88%

Tamilnad Mercantile financial indicator trend analysis is much more than just breaking down Tamilnad Mercantile Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tamilnad Mercantile Bank is a good investment. Please check the relationship between Tamilnad Mercantile Total Liab and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tamilnad Mercantile 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 board of governors.

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tamilnad Mercantile Bank Total Liab account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tamilnad Mercantile's Total Liab and Net Debt is -0.47. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of Tamilnad Mercantile Bank, assuming nothing else is changed. The correlation between historical values of Tamilnad Mercantile's Total Liab and Net Debt 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 Liab of Tamilnad Mercantile Bank are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., Tamilnad Mercantile's Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.47

Relationship Direction	Negative
Relationship Strength	Very Weak

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Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Tamilnad Mercantile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tamilnad Mercantile 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tamilnad Mercantile 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 board of governors.

The current year's Tax Provision is expected to grow to about 3.6 B, whereas Selling General Administrative is forecasted to decline to about 27.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	26.4B	27.2B	28.0B	17.9B
Total Revenue	26.4B	27.2B	28.0B	20.2B

Gross Profit Total Revenue

Tamilnad Mercantile fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Current Assets	Short Term Debt	Current Deferred Revenue	Accounts Payable	Net Receivables	Inventory	Property Plant And Equipment Gross
Total Assets		0.46	0.97	0.91	-0.85	-0.69	0.88	0.24	-0.04	0.11	0.73	0.65	0.04	0.29	0.6	0.66	0.84	0.58	-0.27	-0.8	0.46	-0.64	-0.8	0.74	-0.14	0.82
Total Current Liabilities	0.46		0.49	0.48	-0.44	-0.48	0.29	0.74	0.57	-0.75	0.67	0.71	-0.36	0.19	0.38	0.86	0.34	0.9	0.62	-0.3	0.91	-0.85	-0.65	0.71	0.11	0.62
Total Stockholder Equity	0.97	0.49		0.95	-0.82	-0.67	0.85	0.23	-0.04	0.01	0.72	0.74	-0.15	0.22	0.66	0.65	0.76	0.63	-0.18	-0.76	0.53	-0.7	-0.87	0.77	-0.05	0.92
Property Plant And Equipment Net	0.91	0.48	0.95		-0.71	-0.49	0.72	0.33	0.11	0.0	0.6	0.75	-0.13	0.01	0.59	0.55	0.64	0.64	-0.04	-0.6	0.54	-0.73	-0.9	0.73	-0.13	0.92
Net Debt	-0.85	-0.44	-0.82	-0.71		0.86	-0.96	-0.04	0.29	0.04	-0.89	-0.6	0.12	-0.45	-0.47	-0.75	-0.69	-0.51	0.35	0.97	-0.51	0.67	0.77	-0.77	0.3	-0.74
Retained Earnings	-0.69	-0.48	-0.67	-0.49	0.86		-0.85	0.09	0.36	0.05	-0.78	-0.49	0.23	-0.72	-0.55	-0.75	-0.59	-0.39	0.35	0.83	-0.38	0.5	0.58	-0.6	0.15	-0.58
Cash	0.88	0.29	0.85	0.72	-0.96	-0.85		-0.09	-0.39	0.15	0.81	0.49	-0.03	0.48	0.5	0.65	0.74	0.37	-0.52	-0.93	0.32	-0.5	-0.69	0.65	-0.27	0.7
Non Current Assets Total	0.24	0.74	0.23	0.33	-0.04	0.09	-0.09		0.94	-0.62	0.34	0.43	0.1	-0.17	0.0	0.53	0.21	0.76	0.74	0.08	0.69	-0.57	-0.32	0.37	0.2	0.29
Non Currrent Assets Other	-0.04	0.57	-0.04	0.11	0.29	0.36	-0.39	0.94		-0.56	0.01	0.2	0.15	-0.31	-0.12	0.25	-0.01	0.55	0.82	0.41	0.49	-0.33	-0.07	0.12	0.24	0.05
Other Assets	0.11	-0.75	0.01	0.0	0.04	0.05	0.15	-0.62	-0.56		-0.38	-0.4	0.5	0.04	0.05	-0.54	0.2	-0.65	-0.83	-0.07	-0.79	0.6	0.28	-0.39	-0.25	-0.25
Cash And Short Term Investments	0.73	0.67	0.72	0.6	-0.89	-0.78	0.81	0.34	0.01	-0.38		0.67	-0.19	0.42	0.28	0.93	0.63	0.74	-0.04	-0.83	0.69	-0.75	-0.71	0.7	-0.09	0.67
Common Stock Shares Outstanding	0.65	0.71	0.74	0.75	-0.6	-0.49	0.49	0.43	0.2	-0.4	0.67		-0.59	0.01	0.5	0.68	0.39	0.86	0.28	-0.53	0.8	-0.88	-0.85	0.69	0.26	0.87
Non Current Liabilities Total	0.04	-0.36	-0.15	-0.13	0.12	0.23	-0.03	0.1	0.15	0.5	-0.19	-0.59		0.08	-0.29	-0.23	0.23	-0.37	-0.35	0.08	-0.46	0.47	0.41	-0.26	-0.32	-0.44
Other Stockholder Equity	0.29	0.19	0.22	0.01	-0.45	-0.72	0.48	-0.17	-0.31	0.04	0.42	0.01	0.08		0.04	0.44	0.31	0.04	-0.4	-0.49	0.01	0.01	0.02	0.15	0.13	0.03
Total Liab	0.6	0.38	0.66	0.59	-0.47	-0.55	0.5	0.0	-0.12	0.05	0.28	0.5	-0.29	0.04		0.32	0.43	0.27	-0.08	-0.42	0.33	-0.5	-0.66	0.63	-0.16	0.69
Total Current Assets	0.66	0.86	0.65	0.55	-0.75	-0.75	0.65	0.53	0.25	-0.54	0.93	0.68	-0.23	0.44	0.32		0.58	0.84	0.21	-0.64	0.78	-0.79	-0.67	0.69	0.0	0.64
Common Stock	0.84	0.34	0.76	0.64	-0.69	-0.59	0.74	0.21	-0.01	0.2	0.63	0.39	0.23	0.31	0.43	0.58		0.44	-0.32	-0.65	0.26	-0.38	-0.49	0.48	-0.1	0.51
Short Long Term Debt Total	0.58	0.9	0.63	0.64	-0.51	-0.39	0.37	0.76	0.55	-0.65	0.74	0.86	-0.37	0.04	0.27	0.84	0.44		0.53	-0.4	0.92	-0.89	-0.72	0.68	0.24	0.72
Other Current Liab	-0.27	0.62	-0.18	-0.04	0.35	0.35	-0.52	0.74	0.82	-0.83	-0.04	0.28	-0.35	-0.4	-0.08	0.21	-0.32	0.53		0.48	0.61	-0.43	-0.12	0.17	0.28	0.1
Other Current Assets	-0.8	-0.3	-0.76	-0.6	0.97	0.83	-0.93	0.08	0.41	-0.07	-0.83	-0.53	0.08	-0.49	-0.42	-0.64	-0.65	-0.4	0.48		-0.4	0.55	0.65	-0.68	0.19	-0.64
Short Term Debt	0.46	0.91	0.53	0.54	-0.51	-0.38	0.32	0.69	0.49	-0.79	0.69	0.8	-0.46	0.01	0.33	0.78	0.26	0.92	0.61	-0.4		-0.95	-0.75	0.81	0.1	0.71
Current Deferred Revenue	-0.64	-0.85	-0.7	-0.73	0.67	0.5	-0.5	-0.57	-0.33	0.6	-0.75	-0.88	0.47	0.01	-0.5	-0.79	-0.38	-0.89	-0.43	0.55	-0.95		0.91	-0.89	0.05	-0.87
Accounts Payable	-0.8	-0.65	-0.87	-0.9	0.77	0.58	-0.69	-0.32	-0.07	0.28	-0.71	-0.85	0.41	0.02	-0.66	-0.67	-0.49	-0.72	-0.12	0.65	-0.75	0.91		-0.88	0.22	-0.97
Net Receivables	0.74	0.71	0.77	0.73	-0.77	-0.6	0.65	0.37	0.12	-0.39	0.7	0.69	-0.26	0.15	0.63	0.69	0.48	0.68	0.17	-0.68	0.81	-0.89	-0.88		-0.25	0.85
Inventory	-0.14	0.11	-0.05	-0.13	0.3	0.15	-0.27	0.2	0.24	-0.25	-0.09	0.26	-0.32	0.13	-0.16	0.0	-0.1	0.24	0.28	0.19	0.1	0.05	0.22	-0.25		-0.05
Property Plant And Equipment Gross	0.82	0.62	0.92	0.92	-0.74	-0.58	0.7	0.29	0.05	-0.25	0.67	0.87	-0.44	0.03	0.69	0.64	0.51	0.72	0.1	-0.64	0.71	-0.87	-0.97	0.85	-0.05

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Tamilnad Mercantile Account Relationship Matchups

Tamilnad Mercantile fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	427.6B	475.3B	528.6B	579.0B	615.5B	452.0B
Total Current Liabilities	2.5B	2.4B	1.4B	1.5B	150.6B	158.2B
Total Stockholder Equity	39.8B	45.8B	53.4B	69.3B	79.2B	44.8B
Property Plant And Equipment Net	1.3B	1.4B	2.1B	2.5B	2.7B	1.8B
Net Debt	(34.1B)	(27.0B)	(38.5B)	(30.6B)	(35.7B)	(33.9B)
Retained Earnings	507.1M	799.9M	2.3B	1.2B	2.2B	2.1B
Cash	37.4B	27.1B	38.5B	35.8B	35.7B	19.9B
Non Current Assets Total	96.0B	1.4B	2.1B	2.5B	579.8B	608.8B
Non Currrent Assets Other	(96.0B)	(117.0B)	(130.4B)	(141.6B)	424.5B	445.7B
Cash And Short Term Investments	37.4B	12.9B	21.0B	19.6B	35.7B	37.5B
Non Current Liabilities Total	288.8B	307.5B	333.0B	5.3B	13.0B	12.4B
Total Liab	2.5B	429.5B	475.2B	509.7B	536.3B	311.8B
Total Current Assets	43.1B	12.9B	21.0B	19.6B	57.9B	60.8B
Short Long Term Debt Total	3.2B	820K	892K	5.3B	13.0B	13.7B
Liabilities And Stockholders Equity	427.6B	475.3B	528.6B	579.0B	615.5B	403.8B
Accumulated Other Comprehensive Income	37.9B	43.6B	49.7B	67.7B	67.7B	71.1B
Other Current Liab	(4.9B)	(4.8B)	(2.9B)	(2.9B)	149.7B	157.2B
Other Current Assets	5.5B	7.6B	10.4B	10.7B	14.0B	11.7B
Short Term Debt	1.3M	820K	892K	549K	13.0B	13.7B

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C	Citigroup
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Other Information on Investing in Tamilnad Stock

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

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Tamilnad Total Liab vs Net Debt Analysis

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

Correlation Coefficient

Total Liab

Net Debt

Tamilnad Mercantile fundamental ratios Correlations

Tamilnad Mercantile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tamilnad Mercantile fundamental ratios Accounts

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Other Information on Investing in Tamilnad Stock

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Total Stockholder Equity	+ 0.97	Total Assets
Other Current Assets	+ 0.97	Net Debt
Property Plant And Equipment Net	+ 0.95	Total Stockholder Equity
Non Currrent Assets Other	+ 0.94	Non Current Assets Total
Total Current Assets	+ 0.93	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.92	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.97	Accounts Payable
Cash	- 0.96	Net Debt
Current Deferred Revenue	- 0.95	Short Term Debt
Other Current Assets	- 0.93	Cash
Accounts Payable	- 0.9	Property Plant And Equipment Net
Net Receivables	- 0.89	Current Deferred Revenue