Bodal Common Stock Shares Outstanding vs Accounts Payable Analysis

BODALCHEM   66.28  0.98  1.46%   
Bodal Chemicals financial indicator trend analysis is way more than just evaluating Bodal Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bodal Chemicals is a good investment. Please check the relationship between Bodal Chemicals Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bodal Chemicals 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 bureau of economic analysis.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bodal Chemicals Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bodal Chemicals' Common Stock Shares Outstanding and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bodal Chemicals Limited, assuming nothing else is changed. The correlation between historical values of Bodal Chemicals' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Bodal Chemicals 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 Common Stock Shares Outstanding i.e., Bodal Chemicals' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Bodal Chemicals 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 Bodal Chemicals 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 Bodal Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bodal Chemicals 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 Bodal Chemicals 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 bureau of economic analysis.
The Bodal Chemicals' current Selling General Administrative is estimated to increase to about 104.4 M, while Tax Provision is forecasted to increase to (14.9 M).
 2022 2023 2024 2025 (projected)
Interest Expense410.3M542.5M623.9M655.1M
Depreciation And Amortization530.9M604.9M695.7M730.4M

Bodal Chemicals fundamental ratios Correlations

0.860.310.970.960.980.850.760.850.980.420.260.620.76-0.160.810.790.420.660.950.82-0.130.840.490.90.96
0.860.310.840.70.911.00.380.870.90.330.550.380.60.080.990.540.090.340.970.540.090.760.160.960.7
0.310.310.460.230.260.310.280.10.25-0.050.060.010.350.080.20.49-0.140.010.360.43-0.150.380.250.420.24
0.970.840.460.910.930.830.770.790.930.370.310.560.76-0.080.760.830.360.610.950.84-0.120.860.560.910.91
0.960.70.230.910.920.690.840.760.930.430.080.690.75-0.290.640.80.550.750.840.85-0.240.780.580.771.0
0.980.910.260.930.920.90.650.91.00.360.340.580.72-0.120.870.690.360.580.960.72-0.130.80.380.920.92
0.851.00.310.830.690.90.380.860.90.330.550.380.590.090.990.540.080.330.960.540.10.770.160.950.69
0.760.380.280.770.840.650.380.420.650.42-0.080.620.77-0.260.30.910.620.790.60.95-0.180.670.760.490.82
0.850.870.10.790.760.90.860.420.90.260.480.470.6-0.130.840.460.180.50.870.49-0.110.620.280.870.78
0.980.90.250.930.931.00.90.650.90.380.330.580.72-0.130.870.680.370.60.960.72-0.130.80.380.910.93
0.420.33-0.050.370.430.360.330.420.260.380.030.180.44-0.220.320.460.360.710.370.50.00.4-0.020.310.43
0.260.550.060.310.080.340.55-0.080.480.330.03-0.030.150.740.55-0.03-0.19-0.150.450.00.410.18-0.10.510.08
0.620.380.010.560.690.580.380.620.470.580.18-0.030.35-0.170.350.610.610.50.490.65-0.380.520.520.50.7
0.760.60.350.760.750.720.590.770.60.720.440.150.35-0.170.540.750.410.660.710.810.160.590.520.580.73
-0.160.080.08-0.08-0.29-0.120.09-0.26-0.13-0.13-0.220.74-0.17-0.170.1-0.25-0.18-0.560.0-0.230.5-0.11-0.180.05-0.31
0.810.990.20.760.640.870.990.30.840.870.320.550.350.540.10.460.080.290.930.450.150.710.070.90.64
0.790.540.490.830.80.690.540.910.460.680.46-0.030.610.75-0.250.460.480.710.70.98-0.140.810.670.640.8
0.420.09-0.140.360.550.360.080.620.180.370.36-0.190.610.41-0.180.080.480.530.240.52-0.20.40.240.140.53
0.660.340.010.610.750.580.330.790.50.60.71-0.150.50.66-0.560.290.710.530.490.76-0.350.510.430.420.76
0.950.970.360.950.840.960.960.60.870.960.370.450.490.710.00.930.70.240.490.710.010.840.360.970.84
0.820.540.430.840.850.720.540.950.490.720.50.00.650.81-0.230.450.980.520.760.71-0.130.770.70.630.84
-0.130.09-0.15-0.12-0.24-0.130.1-0.18-0.11-0.130.00.41-0.380.160.50.15-0.14-0.2-0.350.01-0.13-0.1-0.13-0.11-0.27
0.840.760.380.860.780.80.770.670.620.80.40.180.520.59-0.110.710.810.40.510.840.77-0.10.440.820.78
0.490.160.250.560.580.380.160.760.280.38-0.02-0.10.520.52-0.180.070.670.240.430.360.7-0.130.440.310.56
0.90.960.420.910.770.920.950.490.870.910.310.510.50.580.050.90.640.140.420.970.63-0.110.820.310.78
0.960.70.240.911.00.920.690.820.780.930.430.080.70.73-0.310.640.80.530.760.840.84-0.270.780.560.78
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Bodal Chemicals Account Relationship Matchups

Bodal Chemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.5B21.2B21.2B22.9B26.3B27.6B
Short Long Term Debt Total3.5B5.8B7.0B8.5B9.7B10.2B
Other Current Liab176.7M671.9M284.8M319.0M366.8M217.0M
Total Current Liabilities6.1B8.0B6.2B6.9B8.0B8.4B
Total Stockholder Equity9.8B10.6B10.8B10.8B12.4B13.1B
Property Plant And Equipment Net8.1B9.3B11.5B13.7B15.7B16.5B
Net Debt3.4B5.7B6.8B8.1B9.4B9.8B
Accounts Payable3.3B3.6B2.5B2.5B2.9B1.8B
Cash119.1M93M168.0M332.4M382.3M401.4M
Non Current Assets Total8.8B9.9B12.7B14.7B17.0B17.8B
Non Currrent Assets Other410.4M350.8M1.1B370.6M426.2M270.6M
Cash And Short Term Investments119.1M94.0M225.9M462.5M416.3M437.1M
Common Stock Shares Outstanding122.5M122.5M125.5M126.8M145.9M114.5M
Liabilities And Stockholders Equity17.5B21.2B21.2B22.9B26.3B27.6B
Non Current Liabilities Total1.6B2.7B4.2B5.1B5.9B6.2B
Inventory3.1B4.4B2.9B2.7B3.1B1.6B
Other Current Assets5.5B468.5M5.4B1.2B1.4B1.5B
Total Liab7.7B10.7B10.4B12.1B13.9B14.6B
Total Current Assets8.7B11.3B8.5B8.1B9.4B4.9B
Accumulated Other Comprehensive Income1.0B1.1B1.0B1.0B1.2B1.2B
Intangible Assets79.5M69.2M60.7M50.0M57.5M60.4M
Net Receivables5.5B6.0B(57.5M)3.9B4.5B2.8B
Short Term Debt2.4B3.6B3.4B4.0B4.6B4.8B
Retained Earnings6.2B6.8B7.1B7.1B8.2B8.6B
Current Deferred Revenue337.2M748.5M223.1M104.7M120.4M222.3M
Net Tangible Assets9.1B9.6B10.4B10.6B12.2B6.9B
Other Assets591.4M1.1B86.6M1.01.151.09
Long Term Debt1.1B2.1B3.6B4.4B5.1B5.3B
Short Long Term Debt3.5B3.6B3.4B4.0B4.6B2.6B
Property Plant Equipment6.5B7.9B8.7B11.5B13.2B13.8B
Other Liab377.6M510.3M517.0M600.1M690.1M389.6M
Long Term Debt Total5.7M1.1B2.1B3.6B4.2B4.4B
Capital Surpluse2.8B2.4B2.4B2.4B2.8B2.1B
Net Invested Capital14.3B16.3B17.8B19.2B22.1B15.1B
Net Working Capital2.6B3.3B2.3B1.2B1.1B1.8B

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Other Information on Investing in Bodal Stock

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