Welspun Total Stockholder Equity vs Short Term Investments Analysis

WELCORP Stock   776.35  1.35  0.17%   
Welspun Corp financial indicator trend analysis is more than just analyzing Welspun Corp Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Corp Limited is a good investment. Please check the relationship between Welspun Corp Total Stockholder Equity and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.

Total Stockholder Equity vs Short Term Investments

Total Stockholder Equity vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welspun Corp Limited Total Stockholder Equity account and Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Welspun Corp's Total Stockholder Equity and Short Term Investments is 0.75. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Welspun Corp Limited, assuming nothing else is changed. The correlation between historical values of Welspun Corp's Total Stockholder Equity and Short Term Investments 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 Stockholder Equity of Welspun Corp Limited are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Welspun Corp's Total Stockholder Equity and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Welspun Corp balance sheet. It contains any investments Welspun Corp Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Welspun Corp Limited can easily liquidate in the marketplace.
Most indicators from Welspun Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Corp Limited 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp 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 persons.
As of 12/21/2024, Issuance Of Capital Stock is likely to grow to about 17.6 M, while Selling General Administrative is likely to drop slightly above 1.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit14.4B25.0B51.6B54.2B
Total Revenue63.3B97.6B173.4B182.1B

Welspun Corp fundamental ratios Correlations

0.880.720.880.870.870.790.850.790.920.540.890.760.560.760.80.73-0.020.870.970.91-0.650.670.350.660.69
0.880.690.650.630.950.970.70.590.940.540.820.580.360.790.960.48-0.260.850.910.67-0.590.560.010.750.63
0.720.690.720.550.660.640.470.540.680.230.690.270.140.640.540.71-0.290.670.740.64-0.40.80.320.420.49
0.880.650.720.70.590.530.770.820.640.310.730.560.50.540.490.950.220.70.890.97-0.530.810.380.40.5
0.870.630.550.70.70.510.650.710.80.480.840.770.590.750.550.550.020.710.730.79-0.590.560.680.510.69
0.870.950.660.590.70.920.720.540.970.490.760.620.450.730.940.44-0.360.750.860.62-0.520.440.150.630.53
0.790.970.640.530.510.920.630.40.890.530.70.550.290.730.970.39-0.280.790.840.55-0.510.45-0.140.740.57
0.850.70.470.770.650.720.630.680.760.490.630.780.50.470.710.66-0.010.740.860.79-0.590.360.130.610.53
0.790.590.540.820.710.540.40.680.630.310.760.510.410.480.450.680.110.650.750.82-0.590.650.50.410.52
0.920.940.680.640.80.970.890.760.630.590.860.690.430.820.920.46-0.330.850.890.68-0.60.50.240.740.69
0.540.540.230.310.480.490.530.490.310.590.440.61-0.010.430.620.16-0.020.60.520.4-0.120.12-0.140.790.69
0.890.820.690.730.840.760.70.630.760.860.440.590.460.930.690.53-0.140.890.830.76-0.740.740.410.680.78
0.760.580.270.560.770.620.550.780.510.690.610.590.590.510.630.410.250.690.680.7-0.570.20.250.630.63
0.560.360.140.50.590.450.290.50.410.43-0.010.460.590.40.340.410.330.330.490.6-0.60.230.390.020.07
0.760.790.640.540.750.730.730.470.480.820.430.930.510.40.690.33-0.260.860.70.58-0.690.640.290.690.77
0.80.960.540.490.550.940.970.710.450.920.620.690.630.340.690.32-0.30.790.830.54-0.540.32-0.130.780.59
0.730.480.710.950.550.440.390.660.680.460.160.530.410.410.330.320.260.510.770.89-0.330.780.380.190.3
-0.02-0.26-0.290.220.02-0.36-0.28-0.010.11-0.33-0.02-0.140.250.33-0.26-0.30.26-0.11-0.020.32-0.020.040.06-0.19-0.11
0.870.850.670.70.710.750.790.740.650.850.60.890.690.330.860.790.51-0.110.860.74-0.780.610.120.880.88
0.970.910.740.890.730.860.840.860.750.890.520.830.680.490.70.830.77-0.020.860.9-0.620.680.170.660.62
0.910.670.640.970.790.620.550.790.820.680.40.760.70.60.580.540.890.320.740.9-0.590.740.410.470.56
-0.65-0.59-0.4-0.53-0.59-0.52-0.51-0.59-0.59-0.6-0.12-0.74-0.57-0.6-0.69-0.54-0.33-0.02-0.78-0.62-0.59-0.42-0.24-0.55-0.6
0.670.560.80.810.560.440.450.360.650.50.120.740.20.230.640.320.780.040.610.680.74-0.420.430.30.52
0.350.010.320.380.680.15-0.140.130.50.24-0.140.410.250.390.29-0.130.380.060.120.170.41-0.240.43-0.180.19
0.660.750.420.40.510.630.740.610.410.740.790.680.630.020.690.780.19-0.190.880.660.47-0.550.3-0.180.89
0.690.630.490.50.690.530.570.530.520.690.690.780.630.070.770.590.3-0.110.880.620.56-0.60.520.190.89
Click cells to compare fundamentals

Welspun Corp Account Relationship Matchups

Welspun Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.4B65.2B91.7B153.4B118.5B93.5B
Short Long Term Debt Total10.6B8.3B20.6B33.6B19.5B24.8B
Other Current Liab(2.1B)3.1B3.6B25.2B7.9B7.7B
Total Current Liabilities37.1B19.5B29.1B81.7B39.8B34.2B
Total Stockholder Equity32.2B37.9B44.3B47.3B56.2B31.8B
Property Plant And Equipment Net17.0B18.0B34.1B45.9B44.7B36.5B
Net Debt6.2B6.6B10.1B23.5B11.1B18.3B
Accounts Payable14.4B7.2B9.8B25.7B22.4B14.9B
Cash4.4B1.7B6.4B10.2B8.2B6.3B
Non Current Assets Total22.1B24.4B48.5B56.9B57.6B43.9B
Non Currrent Assets Other1.6B467.5M2.8B1.2B2.9B3.3B
Cash And Short Term Investments9.1B13.2B21.6B22.7B14.7B12.9B
Net Receivables13.6B15.5B8.1B12.6B18.0B12.4B
Common Stock Shares Outstanding264.1M261.6M261.6M262.0M262.4M248.6M
Short Term Investments4.7B11.5B15.2B12.5B6.5B7.4B
Liabilities And Stockholders Equity79.4B65.2B91.7B153.4B118.5B93.5B
Non Current Liabilities Total10.0B7.5B17.4B23.3B21.4B26.3B
Inventory22.7B10.4B10.2B56.9B23.2B19.6B
Other Current Assets13.1B10.7B41.2M7.5B5.0B5.4B
Other Stockholder Equity7.2B10.1B10.1B17.0B8.7B11.9B
Total Liab47.1B27.1B46.4B105.0B61.2B60.5B
Total Current Assets57.4B40.9B43.2B96.5B60.9B49.6B
Accumulated Other Comprehensive Income(13.1B)4.3B4.6B1.1B10.7B11.2B
Short Term Debt5.0B3.9B6.1B14.0B2.9B4.6B
Retained Earnings20.5B26.6B28.3B29.0B35.2B23.1B
Intangible Assets97.0M70.4M69.7M137.4M122.2M116.1M
Current Deferred Revenue17.0B7.1B9.5B10.2B6.5B7.2B
Other Liab4.5B2.8B2.9B3.7B3.3B4.5B
Net Tangible Assets32.1B37.9B40.8B43.6B50.1B35.5B
Other Assets1.8B1.4B3.6B1.1B1.2B2.3B
Long Term Debt5.1B4.4B14.3B19.3B16.2B12.4B
Short Long Term Debt4.8B1.2B5.9B13.9B2.9B5.7B
Property Plant Equipment16.8B17.4B33.3B45.9B41.3B26.3B
Long Term Debt Total5.6B4.8B14.5B19.6B17.7B10.2B
Capital Surpluse7.2B6.5M10.1B10.2B11.7B8.0B
Non Current Liabilities Other3.6B1.3B1.1B20.1M18.1M17.2M

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