Praj Non Current Liabilities Total vs Common Stock Analysis

PRAJIND Stock   810.15  9.85  1.20%   
Praj Industries financial indicator trend analysis is much more than just breaking down Praj Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Praj Industries is a good investment. Please check the relationship between Praj Industries Non Current Liabilities Total and its Common Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praj Industries 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 gross domestic product.

Non Current Liabilities Total vs Common Stock

Non Current Liabilities Total vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praj Industries Non Current Liabilities Total account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Praj Industries' Non Current Liabilities Total and Common Stock is 0.17. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Common Stock in the same time period over historical financial statements of Praj Industries Limited, assuming nothing else is changed. The correlation between historical values of Praj Industries' Non Current Liabilities Total and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Praj Industries Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Current Liabilities Total i.e., Praj Industries' Non Current Liabilities Total and Common Stock go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Current Liabilities Total

Common Stock

Most indicators from Praj Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Praj Industries 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Praj Industries 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 gross domestic product.
At present, Praj Industries' Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit8.2B13.3B14.7B15.4B
Total Revenue22.9B35.3B34.7B36.4B

Praj Industries fundamental ratios Correlations

0.820.980.780.830.30.930.620.74-0.380.950.980.790.820.73-0.040.110.980.990.420.490.810.520.650.650.82
0.820.790.540.770.520.710.460.6-0.350.70.860.590.840.43-0.060.060.820.80.540.220.860.270.440.780.73
0.980.790.720.730.250.940.620.65-0.430.950.960.70.760.8-0.180.161.00.990.360.40.760.410.720.610.8
0.780.540.720.650.080.720.620.94-0.140.770.730.590.480.740.210.010.710.770.220.730.460.850.580.260.85
0.830.770.730.650.380.680.550.79-0.130.660.830.80.840.320.090.140.760.770.530.620.830.590.160.750.6
0.30.520.250.080.380.25-0.30.19-0.510.110.440.040.570.02-0.06-0.190.290.270.42-0.290.6-0.030.160.60.4
0.930.710.940.720.680.250.540.64-0.50.940.910.710.720.75-0.020.010.940.940.110.40.70.40.740.50.78
0.620.460.620.620.55-0.30.540.640.050.660.520.520.540.4-0.080.350.620.620.290.490.510.390.370.450.56
0.740.60.650.940.790.190.640.64-0.120.640.710.60.580.540.23-0.010.660.70.330.750.560.830.350.410.79
-0.38-0.35-0.43-0.14-0.13-0.51-0.50.05-0.12-0.36-0.47-0.12-0.4-0.380.20.51-0.44-0.4-0.080.23-0.390.18-0.52-0.28-0.4
0.950.70.950.770.660.110.940.660.64-0.360.90.740.70.79-0.050.140.950.970.290.440.680.470.780.50.8
0.980.860.960.730.830.440.910.520.71-0.470.90.730.830.69-0.090.080.970.970.460.420.840.460.630.70.82
0.790.590.70.590.80.040.710.520.6-0.120.740.730.660.40.34-0.070.710.760.320.70.620.570.210.440.4
0.820.840.760.480.840.570.720.540.58-0.40.70.830.660.3-0.030.080.80.780.60.170.990.230.380.920.68
0.730.430.80.740.320.020.750.40.54-0.380.790.690.40.3-0.070.00.760.780.030.370.290.460.830.10.72
-0.04-0.06-0.180.210.09-0.06-0.02-0.080.230.2-0.05-0.090.34-0.03-0.07-0.59-0.16-0.09-0.240.38-0.110.39-0.21-0.24-0.06
0.110.060.160.010.14-0.190.010.35-0.010.510.140.08-0.070.080.0-0.590.160.130.250.00.13-0.020.050.290.09
0.980.821.00.710.760.290.940.620.66-0.440.950.970.710.80.76-0.160.160.990.390.390.80.40.70.650.81
0.990.80.990.770.770.270.940.620.7-0.40.970.970.760.780.78-0.090.130.990.380.450.780.480.710.610.82
0.420.540.360.220.530.420.110.290.33-0.080.290.460.320.60.03-0.240.250.390.380.070.640.190.040.710.36
0.490.220.40.730.62-0.290.40.490.750.230.440.420.70.170.370.380.00.390.450.070.140.86-0.01-0.020.29
0.810.860.760.460.830.60.70.510.56-0.390.680.840.620.990.29-0.110.130.80.780.640.140.210.380.950.68
0.520.270.410.850.59-0.030.40.390.830.180.470.460.570.230.460.39-0.020.40.480.190.860.210.180.030.51
0.650.440.720.580.160.160.740.370.35-0.520.780.630.210.380.83-0.210.050.70.710.04-0.010.380.180.220.79
0.650.780.610.260.750.60.50.450.41-0.280.50.70.440.920.1-0.240.290.650.610.71-0.020.950.030.220.54
0.820.730.80.850.60.40.780.560.79-0.40.80.820.40.680.72-0.060.090.810.820.360.290.680.510.790.54
Click cells to compare fundamentals

Praj Industries Account Relationship Matchups

Praj Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.6B15.9B22.1B26.2B29.0B30.4B
Other Current Liab2.2B427.2M654.4M8.3B9.1B9.6B
Total Current Liabilities4.1B7.6B12.6B15.0B14.6B15.3B
Total Stockholder Equity7.2B8.0B9.2B10.8B12.7B6.6B
Property Plant And Equipment Net2.2B2.1B2.1B2.4B4.1B4.3B
Net Debt(250.7M)(834.5M)(863.7M)(564.4M)9.2M9.6M
Accounts Payable1.9B3.4B4.2B5.1B5.0B5.2B
Cash458.4M1.0B1.1B985.8M1.7B965.7M
Non Current Assets Total3.8B3.6B3.7B4.4B6.7B3.6B
Non Currrent Assets Other289.7M292.5M254.8M281.2M79.8M75.8M
Cash And Short Term Investments1.7B4.3B5.5B6.2B5.8B6.1B
Net Receivables4.5B5.9B7.9B11.0B12.3B13.0B
Common Stock Shares Outstanding183.2M183.3M183.7M183.8M183.7M197.5M
Liabilities And Stockholders Equity11.6B15.9B22.1B26.2B29.0B30.4B
Non Current Liabilities Total323.4M270.2M318.1M400.7M1.6B1.7B
Inventory1.1B1.3B3.5B3.3B2.2B1.4B
Other Current Assets5.0B887.4M1.6B1.4B1.6B1.8B
Other Stockholder Equity(6.1B)982.3M1.0B1.0B2.0B1.3B
Total Liab4.4B7.9B13.0B15.4B16.2B17.0B
Total Current Assets7.8B12.4B18.4B21.8B22.2B23.4B
Accumulated Other Comprehensive Income(2.3B)1.4B1.3B1.2B30.4M31.9M
Intangible Assets8.2M11.0M18.8M39.9M447.6M469.9M
Common Stock366.3M366.5M367.3M367.4M367.6M338.8M
Short Long Term Debt Total207.7M176.6M210.9M421.4M1.7B1.8B
Short Term Investments1.3B3.3B4.4B5.2B4.2B2.6B
Current Deferred Revenue(56.1M)400.8M572.7M1.2B7.7B8.0B
Retained Earnings4.5B5.3B6.4B8.2B10.3B6.0B
Short Term Debt56.1M(3.7B)(7.6B)(996.9M)276.1M289.9M
Other Liab171.8M157.0M170.5M138.0M158.7M171.2M
Net Tangible Assets6.8B6.6B7.4B8.5B9.8B7.2B
Other Assets470.3M396.7M274.1M113.7M130.8M124.3M
Property Plant Equipment2.2B2.1B2.1B2.4B2.2B1.8B
Capital Surpluse977.3M982.3M1.0B1.0B1.2B975.5M
Cash And Equivalents232.8M455.5M612.2M495.0M569.2M446.1M
Net Invested Capital7.2B8.0B9.2B10.8B12.7B9.8B

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Other Information on Investing in Praj Stock

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