Ajanta Total Stockholder Equity vs Intangible Assets Analysis

AJANTPHARM   2,960  14.55  0.49%   
Ajanta Pharma financial indicator trend analysis is way more than just evaluating Ajanta Pharma Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ajanta Pharma Limited is a good investment. Please check the relationship between Ajanta Pharma Total Stockholder Equity and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ajanta Pharma 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 estimate.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ajanta Pharma Limited Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ajanta Pharma's Total Stockholder Equity and Intangible Assets is 0.12. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Ajanta Pharma Limited, assuming nothing else is changed. The correlation between historical values of Ajanta Pharma's Total Stockholder Equity and Intangible Assets 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 Stockholder Equity of Ajanta Pharma Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Ajanta Pharma's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Ajanta Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ajanta Pharma Limited 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 Ajanta Pharma 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 estimate.
The Ajanta Pharma's current Selling General Administrative is estimated to increase to about 9.5 B, while Tax Provision is projected to decrease to under 2 B.
 2021 2022 2023 2024 (projected)
Interest Expense102M58.4M72.1M83.5M
Depreciation And Amortization1.2B1.3B1.4B1.4B

Ajanta Pharma fundamental ratios Correlations

-0.650.70.941.00.97-0.850.730.980.270.88-0.580.610.980.29-0.290.940.990.720.970.920.140.91-0.650.970.93
-0.65-0.37-0.47-0.7-0.70.69-0.39-0.7-0.3-0.570.25-0.12-0.59-0.02-0.03-0.44-0.6-0.46-0.59-0.58-0.07-0.530.9-0.55-0.68
0.7-0.370.840.640.57-0.640.610.590.120.82-0.450.670.74-0.12-0.060.840.760.60.750.630.190.66-0.490.70.6
0.94-0.470.840.90.86-0.820.780.880.220.93-0.590.70.940.2-0.251.00.970.750.940.860.150.88-0.530.920.83
1.0-0.70.640.90.99-0.850.710.990.280.85-0.550.570.970.32-0.290.90.970.710.960.910.120.89-0.670.960.94
0.97-0.70.570.860.99-0.850.721.00.240.8-0.480.520.930.43-0.380.850.930.680.910.90.090.88-0.630.920.94
-0.850.69-0.64-0.82-0.85-0.85-0.93-0.85-0.07-0.890.24-0.5-0.81-0.210.18-0.79-0.84-0.72-0.77-0.840.05-0.810.68-0.77-0.86
0.73-0.390.610.780.710.72-0.930.71-0.080.83-0.090.570.710.26-0.230.760.730.690.660.79-0.10.77-0.420.670.76
0.98-0.70.590.880.991.0-0.850.710.260.81-0.50.530.940.41-0.370.860.940.680.920.90.10.89-0.640.940.94
0.27-0.30.120.220.280.24-0.07-0.080.260.16-0.360.10.25-0.230.140.230.280.160.290.220.030.23-0.350.290.19
0.88-0.570.820.930.850.8-0.890.830.810.16-0.460.550.840.06-0.070.910.90.820.850.81-0.010.81-0.640.80.79
-0.580.25-0.45-0.59-0.55-0.480.24-0.09-0.5-0.36-0.46-0.21-0.58-0.010.13-0.61-0.62-0.19-0.66-0.29-0.13-0.310.34-0.62-0.26
0.61-0.120.670.70.570.52-0.50.570.530.10.55-0.210.710.03-0.290.740.660.390.70.710.570.79-0.320.740.67
0.98-0.590.740.940.970.93-0.810.710.940.250.84-0.580.710.21-0.250.940.980.650.980.90.220.91-0.640.980.91
0.29-0.02-0.120.20.320.43-0.210.260.41-0.230.06-0.010.030.21-0.80.180.210.170.190.320.080.330.280.260.34
-0.29-0.03-0.06-0.25-0.29-0.380.18-0.23-0.370.14-0.070.13-0.29-0.25-0.8-0.27-0.23-0.08-0.28-0.29-0.27-0.35-0.17-0.36-0.3
0.94-0.440.841.00.90.85-0.790.760.860.230.91-0.610.740.940.18-0.270.960.720.950.860.20.88-0.520.930.82
0.99-0.60.760.970.970.93-0.840.730.940.280.9-0.620.660.980.21-0.230.960.740.990.910.160.9-0.640.970.9
0.72-0.460.60.750.710.68-0.720.690.680.160.82-0.190.390.650.17-0.080.720.740.670.8-0.180.72-0.430.60.74
0.97-0.590.750.940.960.91-0.770.660.920.290.85-0.660.70.980.19-0.280.950.990.670.890.260.89-0.650.990.88
0.92-0.580.630.860.910.9-0.840.790.90.220.81-0.290.710.90.32-0.290.860.910.80.890.20.96-0.580.890.97
0.14-0.070.190.150.120.090.05-0.10.10.03-0.01-0.130.570.220.08-0.270.20.16-0.180.260.20.35-0.150.310.22
0.91-0.530.660.880.890.88-0.810.770.890.230.81-0.310.790.910.33-0.350.880.90.720.890.960.35-0.540.910.95
-0.650.9-0.49-0.53-0.67-0.630.68-0.42-0.64-0.35-0.640.34-0.32-0.640.28-0.17-0.52-0.64-0.43-0.65-0.58-0.15-0.54-0.61-0.65
0.97-0.550.70.920.960.92-0.770.670.940.290.8-0.620.740.980.26-0.360.930.970.60.990.890.310.91-0.610.89
0.93-0.680.60.830.940.94-0.860.760.940.190.79-0.260.670.910.34-0.30.820.90.740.880.970.220.95-0.650.89
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Ajanta Pharma Account Relationship Matchups

Ajanta Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets33.2B37.8B40.6B46.8B46.4B48.7B
Short Long Term Debt Total749.6M313.6M250.3M356.3M352.8M335.2M
Other Current Liab3.3M1.9B2.5B6.6B3.4B3.5B
Total Current Liabilities6.1B6.5B6.5B11.4B9.0B9.4B
Total Stockholder Equity26.0B30.0B32.6B33.9B35.7B37.5B
Property Plant And Equipment Net15.8B16.3B16.5B17.0B17.2B18.1B
Net Debt(1.3B)(1.5B)(1.8B)(2.9B)(942.1M)(895.0M)
Cash2.0B1.8B2.1B3.3B1.3B910.1M
Non Current Assets Total16.8B17.5B17.9B18.5B19.1B20.0B
Non Currrent Assets Other410.4M566.8M497.1M133.4M1.5B1.6B
Cash And Short Term Investments2.7B3.8B3.3B8.4B4.6B4.8B
Common Stock Shares Outstanding130.9M130.6M129.7M128.1M126.0M104.9M
Liabilities And Stockholders Equity33.2B37.8B40.6B46.8B46.4B48.7B
Non Current Liabilities Total1.1B1.3B1.4B1.5B1.8B973.4M
Inventory5.0B7.7B7.9B8.2B8.3B8.7B
Other Current Assets8.8B1.4B1.3B1.2B2.0B1.8B
Other Stockholder Equity(25.9B)8.2B5.3B2.2B(2.1B)(2.0B)
Total Liab7.2B7.8B7.9B12.9B10.7B11.2B
Total Current Assets16.4B20.3B22.6B28.3B27.3B28.7B
Accumulated Other Comprehensive Income(4.9B)8.2B5.3B2.2B2.3B2.4B
Retained Earnings16.2B21.6B27.2B31.4B35.3B37.0B
Net Receivables8.3B7.4B10.2B10.6B12.5B6.5B
Intangible Assets117.1M107.9M90.2M77.5M146.6M95.3M
Accounts Payable3.6B3.7B3.3B4.2B4.6B2.8B
Short Term Debt622.5M115.9M64.6M94.3M117.6M111.7M
Other Liab726.7M1.0B1.1B1.3B1.4B1.5B
Net Tangible Assets22.4B25.9B29.8B32.6B37.4B21.1B
Other Assets664.4M1.1B1.1B1.1B1.3B797.3M
Long Term Debt6.6M7.4M16M16.4M12.5M0.0
Short Term Investments671.4M2.0B1.2B5.1B3.3B1.8B
Short Long Term Debt449.4M900K2.7M1.8M14.9M14.2M
Property Plant Equipment15.8B16.3B16.5B17.0B19.5B12.7B
Current Deferred Revenue1.8B2.3B2.5B6.8B393.2M373.5M
Long Term Debt Total127.1M197.7M185.7M262M301.3M316.4M
Net Invested Capital26.4B30.0B32.7B33.9B35.7B31.7B
Net Working Capital10.4B13.8B16.2B16.9B18.4B14.5B

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Other Information on Investing in Ajanta Stock

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