Bajaj Property Plant And Equipment Net vs Accounts Payable 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 Property Plant And Equipment Net and its Accounts Payable 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.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Healthcare Property Plant And Equipment Net account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bajaj Healthcare's Property Plant And Equipment Net and Accounts Payable is 0.9. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Accounts Payable 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 Property Plant And Equipment Net and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Bajaj Healthcare Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant And Equipment Net i.e., Bajaj Healthcare's Property Plant And Equipment Net and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Bajaj Healthcare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bajaj Healthcare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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

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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
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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
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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
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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
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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
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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.