Anupam Accounts Payable vs Other Current Liab Analysis
ANURAS Stock | 728.65 4.55 0.62% |
Anupam Rasayan financial indicator trend analysis is way more than just evaluating Anupam Rasayan India prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anupam Rasayan India is a good investment. Please check the relationship between Anupam Rasayan Accounts Payable and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anupam Rasayan India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Accounts Payable vs Other Current Liab
Accounts Payable vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anupam Rasayan India Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anupam Rasayan's Accounts Payable and Other Current Liab is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Anupam Rasayan India, assuming nothing else is changed. The correlation between historical values of Anupam Rasayan's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Anupam Rasayan India are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Anupam Rasayan's Accounts Payable and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Anupam Rasayan 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 Anupam Rasayan India 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.Other Current Liab
Most indicators from Anupam Rasayan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anupam Rasayan India 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 Anupam Rasayan India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Issuance Of Capital Stock is expected to grow to about 3.8 B, whereas Tax Provision is forecasted to decline to about 483.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 241.5M | 626.6M | 794.3M | 418.4M | Depreciation And Amortization | 601.2M | 710.8M | 797.0M | 476.8M |
Anupam Rasayan fundamental ratios Correlations
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Anupam Rasayan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Anupam Rasayan fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.6B | 23.0B | 28.9B | 37.8B | 46.0B | 25.0B | |
Short Long Term Debt Total | 8.6B | 4.2B | 8.4B | 8.2B | 10.7B | 7.5B | |
Other Current Liab | 1.5B | 749.0M | 855.7M | 1.8B | 2.2B | 1.1B | |
Total Current Liabilities | 4.9B | 4.2B | 6.0B | 8.1B | 13.2B | 13.8B | |
Total Stockholder Equity | 5.9B | 15.7B | 17.3B | 23.7B | 27.6B | 14.1B | |
Property Plant And Equipment Net | 10.7B | 11.5B | 12.3B | 14.0B | 19.7B | 11.9B | |
Net Debt | 8.4B | 1.8B | 7.9B | 6.3B | 7.8B | 6.4B | |
Retained Earnings | 2.7B | 3.4B | 4.8B | 6.4B | 7.5B | 4.1B | |
Accounts Payable | 402.8M | 2.0B | 1.9B | 1.8B | 2.6B | 1.4B | |
Cash | 200.2M | 2.4B | 422.6M | 1.9B | 2.9B | 3.0B | |
Non Current Assets Total | 11.1B | 11.8B | 14.4B | 16.7B | 23.8B | 13.4B | |
Non Currrent Assets Other | 30K | 10K | 20K | 313.7M | 2.5B | 2.6B | |
Other Assets | 332.6M | 244.6M | 443.3M | 1.3B | 1.5B | 1.5B | |
Cash And Short Term Investments | 293.6M | 3.2B | 618.8M | 6.7B | 3.5B | 2.0B | |
Net Receivables | 1.3B | 2.1B | 2.8B | 4.8B | 5.8B | 6.1B | |
Common Stock Shares Outstanding | 76.3M | 82.2M | 100.3M | 104.0M | 108.3M | 99.1M | |
Liabilities And Stockholders Equity | 16.6B | 23.0B | 28.9B | 37.8B | 46.0B | 25.0B | |
Non Current Liabilities Total | 5.8B | 3.0B | 5.7B | 4.6B | 3.6B | 4.5B | |
Inventory | 3.0B | 4.9B | 8.6B | 9.3B | 10.6B | 5.7B | |
Other Current Assets | 983.9M | 793.1M | 2.6B | 1.4B | 2.4B | 1.4B | |
Other Stockholder Equity | 2.4B | 11.3B | 11.4B | 16.1B | 18.1B | 19.0B | |
Total Liab | 10.7B | 7.2B | 11.6B | 12.7B | 16.7B | 10.5B | |
Total Current Assets | 5.5B | 11.1B | 14.5B | 21.1B | 22.3B | 11.6B | |
Short Term Debt | 3.0B | 1.4B | 3.2B | 4.4B | 8.3B | 8.7B | |
Intangible Assets | 127.9M | 115.9M | 115.0M | 143.8M | 214.0M | 145.8M | |
Other Liab | 190.8M | 243.8M | 546.5M | 771.3M | 887.0M | 931.4M | |
Net Tangible Assets | 5.5B | 15.6B | 17.2B | 22.4B | 25.7B | 27.0B | |
Current Deferred Revenue | 657.2M | 473.7M | 450.5M | 405.5M | 7.3M | 6.9M | |
Long Term Debt | 5.2B | 2.5B | 4.9B | 3.6B | 2.0B | 2.9B | |
Short Term Investments | 93.4M | 741.9M | 196.2M | 4.8B | 348.3M | 330.9M | |
Net Invested Capital | 13.8B | 19.6B | 25.2B | 31.6B | 37.8B | 23.3B | |
Short Long Term Debt | 2.9B | 1.4B | 3.0B | 4.3B | 8.2B | 8.6B | |
Accumulated Other Comprehensive Income | 5.7B | (13.0M) | 49.3M | 120.6M | 952.7M | 1.4B | |
Net Working Capital | 575.5M | 6.9B | 8.5B | 13.0B | 9.1B | 6.3B | |
Property Plant Equipment | 10.7B | 11.5B | 12.3B | 14.0B | 16.1B | 11.6B | |
Capital Stock | 781.3M | 999.2M | 1.0B | 1.1B | 1.1B | 1.0B |
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Balance Sheet is a snapshot of the financial position of Anupam Rasayan India at a specified time, usually calculated after every quarter, six months, or one year. Anupam Rasayan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anupam Rasayan 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 Anupam currently owns. An asset can also be divided into two categories, current and non-current.