UltraTech Short Term Debt vs Total Stockholder Equity Analysis

ULTRACEMCO   11,767  95.40  0.80%   
UltraTech Cement financial indicator trend analysis is much more than just breaking down UltraTech Cement prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UltraTech Cement is a good investment. Please check the relationship between UltraTech Cement Short Term Debt and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UltraTech Cement 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 nation.

Short Term Debt vs Total Stockholder Equity

Short Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UltraTech Cement Short Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between UltraTech Cement's Short Term Debt and Total Stockholder Equity is 0.68. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of UltraTech Cement Limited, assuming nothing else is changed. The correlation between historical values of UltraTech Cement's Short Term Debt and Total 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 Short Term Debt of UltraTech Cement Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Debt i.e., UltraTech Cement's Short Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from UltraTech Cement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UltraTech Cement 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 UltraTech Cement 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 nation.
As of December 4, 2024, Selling General Administrative is expected to decline to about 1.7 B. In addition to that, Tax Provision is expected to decline to about 14.9 B
 2021 2022 2023 2024 (projected)
Interest Expense8.9B8.2B9.6B6.8B
Depreciation And Amortization27.0B28.8B31.7B33.2B

UltraTech Cement fundamental ratios Correlations

0.530.950.980.980.990.530.510.9-0.041.00.590.730.940.850.630.920.70.370.830.950.740.590.410.70.43
0.530.250.370.360.591.00.150.15-0.040.560.390.790.430.190.980.220.11-0.050.80.390.650.450.58-0.060.55
0.950.250.980.980.910.270.540.97-0.030.930.560.540.90.890.370.970.770.430.670.950.620.530.260.830.27
0.980.370.980.990.950.370.490.940.050.970.560.640.920.870.460.960.740.480.740.950.710.560.30.790.32
0.980.360.980.990.960.370.530.95-0.040.970.570.640.940.880.480.960.740.410.750.960.680.570.330.780.37
0.990.590.910.950.960.60.490.86-0.051.00.540.750.920.820.680.890.640.360.860.920.750.590.40.640.44
0.531.00.270.370.370.60.160.16-0.140.560.40.780.450.210.980.230.11-0.10.810.40.630.440.61-0.060.56
0.510.150.540.490.530.490.160.55-0.110.50.380.470.490.360.270.520.340.090.480.520.30.590.270.420.26
0.90.150.970.940.950.860.160.55-0.060.890.450.520.860.880.270.980.680.490.580.90.490.490.140.880.2
-0.04-0.04-0.030.05-0.04-0.05-0.14-0.11-0.06-0.04-0.03-0.03-0.12-0.13-0.150.00.130.39-0.04-0.030.30.15-0.210.02-0.18
1.00.560.930.970.971.00.560.50.89-0.040.550.750.940.840.650.910.650.360.850.920.740.580.40.690.45
0.590.390.560.560.570.540.40.380.45-0.030.550.550.60.420.470.390.77-0.130.660.730.740.530.810.250.54
0.730.790.540.640.640.750.780.470.52-0.030.750.550.660.360.840.540.320.120.910.650.680.60.560.350.65
0.940.430.90.920.940.920.450.490.86-0.120.940.60.660.890.560.850.650.230.780.890.740.450.480.650.51
0.850.190.890.870.880.820.210.360.88-0.130.840.420.360.890.30.860.660.370.480.830.50.240.220.730.21
0.630.980.370.460.480.680.980.270.27-0.150.650.470.840.560.30.320.19-0.090.880.490.680.490.650.040.62
0.920.220.970.960.960.890.230.520.980.00.910.390.540.850.860.320.640.570.610.890.520.540.090.870.17
0.70.110.770.740.740.640.110.340.680.130.650.770.320.650.660.190.640.310.470.850.620.40.370.530.17
0.37-0.050.430.480.410.36-0.10.090.490.390.36-0.130.120.230.37-0.090.570.310.060.40.070.28-0.540.56-0.53
0.830.80.670.740.750.860.810.480.58-0.040.850.660.910.780.480.880.610.470.060.740.860.670.660.340.66
0.950.390.950.950.960.920.40.520.9-0.030.920.730.650.890.830.490.890.850.40.740.70.620.430.720.33
0.740.650.620.710.680.750.630.30.490.30.740.740.680.740.50.680.520.620.070.860.70.590.660.240.57
0.590.450.530.560.570.590.440.590.490.150.580.530.60.450.240.490.540.40.280.670.620.590.380.260.24
0.410.580.260.30.330.40.610.270.14-0.210.40.810.560.480.220.650.090.37-0.540.660.430.660.38-0.140.85
0.7-0.060.830.790.780.64-0.060.420.880.020.690.250.350.650.730.040.870.530.560.340.720.240.26-0.140.01
0.430.550.270.320.370.440.560.260.2-0.180.450.540.650.510.210.620.170.17-0.530.660.330.570.240.850.01
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UltraTech Cement Account Relationship Matchups

UltraTech Cement fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets793.4B861.8B838.3B913.9B1.0T1.1T
Short Long Term Debt Total230.6B207.2B103.0B110.6B114.0B101.3B
Other Current Liab59.6B76.1B82.5B97.5B112.9B118.6B
Total Current Liabilities161.4B203.5B201.6B234.3B269.1B282.5B
Total Stockholder Equity391.2B441.7B504.4B543.2B602.3B632.4B
Property Plant And Equipment Net514.0B506.1B537.5B517.1B605.1B635.4B
Net Debt229.1B205.4B101.8B106.9B108.5B97.3B
Retained Earnings60.1B65.7B80.5B90.5B99.2B58.3B
Accounts Payable33.6B45.5B58.6B72.1B84.8B89.0B
Cash1.5B1.8B1.2B3.7B5.5B3.3B
Non Current Assets Total654.1B631.3B663.5B706.6B776.6B815.4B
Cash And Short Term Investments46.5B131.8B56.2B84.2B60.8B37.6B
Net Receivables37.3B45.7B30.7B47.4B42.8B23.8B
Good Will62.5B62.2B62.5B63.3B63.5B66.6B
Common Stock Shares Outstanding288.5M288.6M288.5M288.5M288.4M305.8M
Liabilities And Stockholders Equity793.4B861.8B838.3B913.9B1.0T1.1T
Non Current Liabilities Total240.7B216.6B132.4B136.9B136.1B109.0B
Inventory41.5B40.2B56.0B66.1B83.3B87.5B
Other Current Assets7.7B58.6B36.7B34.4B44.6B46.8B
Other Stockholder Equity53.7B53.9B53.2B52.3B494.7B519.4B
Total Liab402.1B420.0B334.0B371.2B405.2B213.6B
Total Current Assets139.3B230.5B174.8B207.2B231.4B243.0B
Accumulated Other Comprehensive Income274.5B319.2B367.7B397.6B5.4B5.2B
Short Term Debt57.5B70.5B50.2B46.9B51.5B30.1B
Common Stock2.9B2.9B2.9B2.9B3.3B2.6B
Non Currrent Assets Other109.4B177.4B106.5B117.4B13.6B12.9B
Intangible Assets2.5B2.7B2.7B55.8B55.2B57.9B
Current Deferred Revenue39.6B43.9B48.5B63.5B630.7M599.2M
Short Term Investments45.0B130.0B55.0B80.5B57.0B52.8B
Other Liab65.9B51.6B64.1B69.6B80.0B48.6B
Net Tangible Assets217.4B271.6B323.8B387.1B445.2B268.6B
Other Assets44.7B35.8B46.6B32.7B1.00.95
Long Term Debt173.7B135.5B53.0B53.6B53.1B105.7B
Short Long Term Debt39.9B42.4B49.0B45.4B49.9B44.5B
Property Plant Equipment461.9B453.1B485.5B517.1B594.6B406.0B
Long Term Debt Total184.2B146.7B62.8B63.7B73.2B128.6B
Non Current Liabilities Other62.8M55.3M46.3M1.2B35.3M33.5M
Net Invested Capital604.7B619.6B606.4B642.3B705.3B652.0B

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Other Information on Investing in UltraTech Stock

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