Bajaj Change To Operating Activities vs Net Income Analysis

BAJAJHCARE   395.40  0.45  0.11%   
Bajaj Healthcare financial indicator trend analysis is way more than just evaluating Bajaj Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Healthcare is a good investment. Please check the relationship between Bajaj Healthcare Change To Operating Activities and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Healthcare 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 inflation.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Healthcare Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bajaj Healthcare's Change To Operating Activities and Net Income is 0.44. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Bajaj Healthcare Limited, assuming nothing else is changed. The correlation between historical values of Bajaj Healthcare's Change To Operating Activities and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Bajaj Healthcare Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change To Operating Activities i.e., Bajaj Healthcare's Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bajaj Healthcare financial statement analysis. It represents the amount of money remaining after all of Bajaj Healthcare Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bajaj Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Healthcare 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Healthcare 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 inflation.
The current year's Selling General Administrative is expected to grow to about 104 M, whereas Tax Provision is projected to grow to (22.3 M).
 2021 2022 2023 2024 (projected)
Interest Expense127.8M228.7M296.8M311.6M
Depreciation And Amortization176.4M273.6M276.2M141.6M

Bajaj Healthcare fundamental ratios Correlations

0.980.270.970.910.90.220.980.980.870.50.91-0.50.60.90.660.810.980.8-0.940.990.990.950.81-0.560.58
0.980.290.980.850.850.111.00.950.80.470.87-0.570.590.870.670.780.980.85-0.930.990.990.990.72-0.590.52
0.270.290.44-0.04-0.1-0.540.320.170.1-0.47-0.060.46-0.40.10.81-0.250.180.1-0.150.360.370.410.07-0.91-0.14
0.970.980.440.80.780.060.990.920.790.360.8-0.450.480.850.770.670.950.82-0.890.990.990.990.71-0.70.49
0.910.85-0.040.80.990.470.840.940.940.650.99-0.540.680.950.450.910.90.68-0.90.850.860.770.91-0.250.69
0.90.85-0.10.780.990.470.840.930.90.671.0-0.60.710.920.390.950.910.68-0.910.840.840.770.87-0.20.7
0.220.11-0.540.060.470.470.090.250.370.520.44-0.390.480.4-0.260.380.20.21-0.10.110.140.020.490.460.42
0.981.00.320.990.840.840.090.940.790.440.85-0.560.560.860.690.760.980.84-0.931.00.990.990.71-0.610.52
0.980.950.170.920.940.930.250.940.90.550.94-0.490.620.910.570.880.980.75-0.970.960.960.90.83-0.450.66
0.870.80.10.790.940.90.370.790.90.490.91-0.360.510.960.510.80.870.61-0.860.820.850.750.89-0.320.73
0.50.47-0.470.360.650.670.520.440.550.490.65-0.680.980.510.00.740.510.5-0.510.430.440.380.540.180.18
0.910.87-0.060.80.991.00.440.850.940.910.65-0.590.690.930.440.930.910.7-0.910.860.860.780.89-0.240.68
-0.5-0.570.46-0.45-0.54-0.6-0.39-0.56-0.49-0.36-0.68-0.59-0.77-0.520.05-0.63-0.58-0.750.49-0.5-0.47-0.52-0.31-0.16-0.32
0.60.59-0.40.480.680.710.480.560.620.510.980.69-0.770.560.080.770.610.63-0.580.540.540.510.540.080.21
0.90.870.10.850.950.920.40.860.910.960.510.93-0.520.560.540.790.910.71-0.860.880.890.830.85-0.350.71
0.660.670.810.770.450.39-0.260.690.570.510.00.440.050.080.540.220.570.5-0.530.720.720.740.55-0.950.03
0.810.78-0.250.670.910.950.380.760.880.80.740.93-0.630.770.790.220.840.62-0.890.750.740.660.77-0.060.62
0.980.980.180.950.90.910.20.980.980.870.510.91-0.580.610.910.570.840.81-0.970.970.970.940.75-0.470.66
0.80.850.10.820.680.680.210.840.750.610.50.7-0.750.630.710.50.620.81-0.690.820.810.860.61-0.420.28
-0.94-0.93-0.15-0.89-0.9-0.91-0.1-0.93-0.97-0.86-0.51-0.910.49-0.58-0.86-0.53-0.89-0.97-0.69-0.93-0.92-0.88-0.730.43-0.67
0.990.990.360.990.850.840.111.00.960.820.430.86-0.50.540.880.720.750.970.82-0.931.00.990.75-0.630.53
0.990.990.370.990.860.840.140.990.960.850.440.86-0.470.540.890.720.740.970.81-0.921.00.980.77-0.630.54
0.950.990.410.990.770.770.020.990.90.750.380.78-0.520.510.830.740.660.940.86-0.880.990.980.66-0.680.44
0.810.720.070.710.910.870.490.710.830.890.540.89-0.310.540.850.550.770.750.61-0.730.750.770.66-0.330.48
-0.56-0.59-0.91-0.7-0.25-0.20.46-0.61-0.45-0.320.18-0.24-0.160.08-0.35-0.95-0.06-0.47-0.420.43-0.63-0.63-0.68-0.330.07
0.580.52-0.140.490.690.70.420.520.660.730.180.68-0.320.210.710.030.620.660.28-0.670.530.540.440.480.07
Click cells to compare fundamentals

Bajaj Healthcare Account Relationship Matchups

Bajaj Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B5.3B7.2B9.0B7.7B8.0B
Short Long Term Debt Total909.3M1.8B2.6B4.2B3.3B3.5B
Other Current Liab123.4M14.9M168.5M(119.0M)583.8M613.0M
Total Current Liabilities1.5B1.8B3.2B4.4B4.4B4.6B
Total Stockholder Equity1.5B2.6B3.3B3.7B2.8B1.6B
Property Plant And Equipment Net1.4B2.7B3.2B3.9B2.6B1.7B
Current Deferred Revenue310.7M109.5M255.6M282.9M3.1M3.0M
Net Debt867.7M1.7B2.5B4.0B3.3B3.5B
Retained Earnings982.2M2.5B3.2B3.5B2.7B2.8B
Accounts Payable574.8M689.5M1.0B847.5M894.3M488.8M
Cash41.6M142.4M19.8M177.2M21.7M20.7M
Non Current Assets Total1.5B2.7B3.2B3.9B2.9B1.7B
Non Currrent Assets Other(375.0)21.2M10.7M(3.9B)38.4M40.4M
Cash And Short Term Investments41.6M142.4M19.8M223.2M29.3M51.8M
Net Receivables984.8M988.8M1.8B1.9B1.8B973.5M
Liabilities And Stockholders Equity3.3B5.3B7.2B9.0B7.7B8.0B
Non Current Liabilities Total278.7M846.5M705.4M977.1M452.9M403.2M
Inventory392.8M971.1M1.6B2.1B1.4B1.5B
Other Current Assets1.2B481.0M525.6M2.8B1.5B1.6B
Other Stockholder Equity395.9M(2.6B)(3.3B)(3.7B)(2.7B)(2.5B)
Total Liab1.7B2.7B3.9B5.3B4.9B5.1B
Total Current Assets1.8B2.6B4.0B5.1B4.8B5.0B
Short Term Debt673.5M1.0B1.8B3.2B2.9B3.1B
Accumulated Other Comprehensive Income(2.2M)(4.3M)(3.6M)(446K)(28.2M)(26.8M)
Other Liab38.2M49.3M42.3M33.0M37.9M39.0M
Net Tangible Assets1.8B2.6B3.3B3.7B4.2B2.5B
Property Plant Equipment1.7B2.7B3.2B3.9B4.4B2.6B
Long Term Debt235.8M797.1M663.1M936.6M650.3M633.8M
Net Invested Capital2.4B4.4B5.9B7.8B6.1B5.3B
Short Long Term Debt673.5M1.0B1.9B3.2B2.7B1.9B
Net Working Capital343.1M757.6M762.4M736.8M650.3M632.2M

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Other Information on Investing in Bajaj Stock

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