Bajaj Total Current Liabilities vs Property Plant And Equipment Net 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 Total Current Liabilities and its Property Plant And Equipment Net 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.

Total Current Liabilities vs Property Plant And Equipment Net

Total Current Liabilities vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Healthcare Total Current Liabilities account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bajaj Healthcare's Total Current Liabilities and Property Plant And Equipment Net is 0.78. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Property Plant And Equipment Net 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 Total Current Liabilities and Property Plant And Equipment Net 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 Current Liabilities of Bajaj Healthcare Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Current Liabilities i.e., Bajaj Healthcare's Total Current Liabilities and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Bajaj Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bajaj Healthcare Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.
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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0.970.980.440.80.780.060.990.920.790.360.8-0.450.480.850.770.670.950.82-0.890.990.990.990.71-0.70.49
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
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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.