Apar Investments vs Net Income Analysis

APARINDS   9,562  256.50  2.76%   
Apar Industries financial indicator trend analysis is way more than just evaluating Apar Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apar Industries is a good investment. Please check the relationship between Apar Industries Investments and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apar 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.

Investments vs Net Income

Investments vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apar Industries Investments account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Apar Industries' Investments and Net Income is -0.8. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income in the same time period over historical financial statements of Apar Industries Limited, assuming nothing else is changed. The correlation between historical values of Apar Industries' Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Apar Industries Limited are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., Apar Industries' Investments and Net Income go up and down completely randomly.

Correlation Coefficient

-0.8
Relationship DirectionNegative 
Relationship StrengthSignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Apar Industries financial statement analysis. It represents the amount of money remaining after all of Apar Industries Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Apar Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apar 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Apar 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.
The current year's Tax Provision is expected to grow to about 2.9 B, whereas Selling General Administrative is forecasted to decline to about 364 M.
 2021 2022 2023 2024 (projected)
Gross Profit20.0B36.4B32.1B17.8B
Total Revenue92.9B143.5B161.5B169.6B

Apar Industries fundamental ratios Correlations

-0.14-0.060.790.960.94-0.610.970.970.20.950.090.170.910.53-0.160.880.990.360.450.81.00.22-0.270.45-0.67
-0.140.73-0.08-0.16-0.370.14-0.22-0.30.79-0.350.120.72-0.150.34-0.16-0.41-0.17-0.190.22-0.11-0.10.26-0.04-0.480.62
-0.060.73-0.02-0.07-0.28-0.15-0.1-0.210.74-0.240.370.72-0.020.190.08-0.24-0.09-0.320.38-0.04-0.030.120.02-0.540.48
0.79-0.08-0.020.630.76-0.490.680.860.250.77-0.020.290.690.550.080.590.80.430.131.00.790.57-0.360.51-0.62
0.96-0.16-0.070.630.91-0.580.990.880.150.910.160.10.90.43-0.250.90.950.280.570.640.960.09-0.160.36-0.62
0.94-0.37-0.280.760.91-0.530.930.96-0.040.99-0.12-0.060.80.49-0.150.920.940.520.250.770.920.24-0.240.61-0.84
-0.610.14-0.15-0.49-0.58-0.53-0.62-0.58-0.48-0.53-0.19-0.52-0.56-0.01-0.26-0.53-0.54-0.12-0.24-0.49-0.620.160.22-0.310.23
0.97-0.22-0.10.680.990.93-0.620.920.130.930.130.090.90.39-0.210.920.970.330.520.70.970.07-0.20.4-0.64
0.97-0.3-0.210.860.880.96-0.580.920.060.960.010.060.870.49-0.060.860.970.420.280.860.960.26-0.310.55-0.77
0.20.790.740.250.15-0.04-0.480.130.06-0.030.210.980.160.280.06-0.090.13-0.090.290.230.240.18-0.18-0.230.43
0.95-0.35-0.240.770.910.99-0.530.930.96-0.03-0.08-0.040.810.52-0.120.90.950.490.30.780.930.26-0.230.61-0.84
0.090.120.37-0.020.16-0.12-0.190.130.010.21-0.080.250.47-0.040.22-0.030.1-0.870.65-0.030.13-0.130.11-0.420.18
0.170.720.720.290.1-0.06-0.520.090.060.98-0.040.250.160.260.26-0.150.1-0.130.20.270.210.22-0.13-0.170.39
0.91-0.15-0.020.690.90.8-0.560.90.870.160.810.470.160.46-0.030.760.91-0.040.60.70.920.17-0.180.28-0.58
0.530.340.190.550.430.49-0.010.390.490.280.52-0.040.260.46-0.030.220.520.190.230.530.530.8-0.010.31-0.49
-0.16-0.160.080.08-0.25-0.15-0.26-0.21-0.060.06-0.120.220.26-0.03-0.03-0.37-0.21-0.31-0.370.06-0.160.120.20.21-0.03
0.88-0.41-0.240.590.90.92-0.530.920.86-0.090.9-0.03-0.150.760.22-0.370.890.450.370.610.86-0.06-0.280.44-0.69
0.99-0.17-0.090.80.950.94-0.540.970.970.130.950.10.10.910.52-0.210.890.360.470.810.990.22-0.280.42-0.69
0.36-0.19-0.320.430.280.52-0.120.330.42-0.090.49-0.87-0.13-0.040.19-0.310.450.36-0.360.440.330.2-0.250.55-0.43
0.450.220.380.130.570.25-0.240.520.280.290.30.650.20.60.23-0.370.370.47-0.360.140.47-0.030.11-0.33-0.03
0.8-0.11-0.041.00.640.77-0.490.70.860.230.78-0.030.270.70.530.060.610.810.440.140.80.56-0.360.52-0.63
1.0-0.1-0.030.790.960.92-0.620.970.960.240.930.130.210.920.53-0.160.860.990.330.470.80.21-0.270.42-0.63
0.220.260.120.570.090.240.160.070.260.180.26-0.130.220.170.80.12-0.060.220.2-0.030.560.210.080.27-0.41
-0.27-0.040.02-0.36-0.16-0.240.22-0.2-0.31-0.18-0.230.11-0.13-0.18-0.010.2-0.28-0.28-0.250.11-0.36-0.270.08-0.350.01
0.45-0.48-0.540.510.360.61-0.310.40.55-0.230.61-0.42-0.170.280.310.210.440.420.55-0.330.520.420.27-0.35-0.68
-0.670.620.48-0.62-0.62-0.840.23-0.64-0.770.43-0.840.180.39-0.58-0.49-0.03-0.69-0.69-0.43-0.03-0.63-0.63-0.410.01-0.68
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Apar Industries Account Relationship Matchups

Apar Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.5B50.1B66.1B82.2B96.2B101.0B
Short Long Term Debt Total3.7B3.2B3.2B3.8B4.8B4.1B
Other Current Liab400K1.9B1.5B1.3B1.6B1.1B
Total Current Liabilities32.3B33.2B45.7B57.3B53.2B27.4B
Total Stockholder Equity11.7B14.1B17.2B22.4B38.8B40.7B
Property Plant And Equipment Net9.4B9.0B9.2B10.5B13.1B13.8B
Net Debt2.1B1.2B669.8M(1.2B)(1.1B)(1.0B)
Retained Earnings7.2B8.6B10.5B15.7B22.4B23.5B
Accounts Payable28.5B30.4B40.8B52.1B48.1B50.5B
Cash1.6B2.1B2.5B5.0B5.8B3.7B
Non Current Assets Total9.9B9.7B10.5B12.1B14.5B15.2B
Non Currrent Assets Other(9.4B)83.8M354.9M610.2M1.2B1.3B
Cash And Short Term Investments1.6B2.7B2.8B6.3B6.2B3.2B
Net Receivables1.6M19.4B26.0B33.6B39.8B41.8B
Short Term Investments1.6M600M301.8M1.3B33.8M32.1M
Liabilities And Stockholders Equity46.5B50.1B66.1B82.2B96.2B101.0B
Non Current Liabilities Total2.6B2.8B3.2B2.5B4.2B4.4B
Inventory13.3B15.6B21.4B25.8B28.6B30.1B
Other Current Assets21.7B3.5B5.9B6.4B7.1B3.7B
Other Stockholder Equity(10.1B)2.1B6.3B5.6B15.4B16.2B
Total Liab34.9B36.0B48.9B59.8B57.4B29.4B
Total Current Assets36.7B40.4B55.6B70.1B81.7B85.8B
Accumulated Other Comprehensive Income(2.6B)3.0B4.2B4.2B519.1M545.1M
Intangible Assets24.7M18.1M16.3M13.5M28.1M31.7M
Current Deferred Revenue2.5B795.1M1.4B1.5B1.7B1.3B
Short Term Debt1.4B781.1M1.0B1.6B809.7M769.2M
Other Liab501.3M195.6M321.4M677.9M779.6M449.9M
Net Tangible Assets12.0B11.6B14.1B17.1B19.7B12.0B
Other Assets461.9M581.9M1.3B34.7M39.9M37.9M
Long Term Debt1.9B1.9B2.0B1.5B3.3B1.7B
Short Long Term Debt1.3B214.9M574.8M1.5B712.3M1.3B
Property Plant Equipment9.4B9.0B9.2B10.5B12.1B7.7B
Long Term Debt Total2.4B2.5B2.6B2.2B2.5B2.0B
Net Invested Capital14.8B16.2B19.7B25.4B42.8B23.3B
Net Working Capital4.4B7.2B9.9B12.8B28.5B30.0B

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Other Information on Investing in Apar Stock

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