Apollo Accounts Payable vs Intangible Assets Analysis

APOLLOHOSP   7,077  1.55  0.02%   
Apollo Hospitals financial indicator trend analysis is way more than just evaluating Apollo Hospitals Ent prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apollo Hospitals Ent is a good investment. Please check the relationship between Apollo Hospitals Accounts Payable and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Hospitals Enterprise. 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.

Accounts Payable vs Intangible Assets

Accounts Payable vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Hospitals Ent Accounts Payable account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Apollo Hospitals' Accounts Payable and Intangible Assets is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Apollo Hospitals Enterprise, assuming nothing else is changed. The correlation between historical values of Apollo Hospitals' Accounts Payable 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 Accounts Payable of Apollo Hospitals Enterprise 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 Accounts Payable i.e., Apollo Hospitals' Accounts Payable and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Apollo Hospitals 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 Apollo Hospitals Ent 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Apollo Hospitals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apollo Hospitals Ent 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 Apollo Hospitals Enterprise. 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 current Selling General Administrative is estimated to decrease to about 1.4 B. The current Tax Provision is estimated to decrease to about 2.4 B
 2021 2022 2023 2024 (projected)
Interest Expense3.3B3.8B4.5B4.7B
Depreciation And Amortization6.0B6.1B6.9B7.2B

Apollo Hospitals fundamental ratios Correlations

0.930.70.960.960.990.90.890.960.871.00.040.840.680.770.470.610.010.980.980.610.30.740.930.930.93
0.930.540.860.80.960.990.770.830.740.950.070.70.60.870.690.52-0.210.980.860.560.120.590.790.780.76
0.70.540.830.730.660.470.880.790.840.66-0.050.610.420.17-0.050.710.090.640.740.240.20.610.640.680.76
0.960.860.830.920.950.820.960.970.880.95-0.030.760.590.610.350.64-0.060.940.950.460.270.70.910.920.93
0.960.80.730.920.930.750.870.960.910.940.090.880.730.630.310.640.220.90.980.660.430.770.930.950.95
0.990.960.660.950.930.940.870.940.841.00.030.810.660.80.530.6-0.071.00.960.590.260.720.90.90.9
0.90.990.470.820.750.940.710.780.670.930.050.670.560.90.720.48-0.270.960.820.530.090.570.750.730.72
0.890.770.880.960.870.870.710.950.890.87-0.140.710.480.480.230.67-0.050.860.90.330.20.660.860.90.91
0.960.830.790.970.960.940.780.950.880.94-0.130.840.560.620.260.660.040.920.980.450.290.780.960.970.97
0.870.740.840.880.910.840.670.890.880.850.090.750.670.470.270.680.190.810.90.550.350.610.810.840.86
1.00.950.660.950.941.00.930.870.940.850.070.810.690.80.540.6-0.040.990.960.630.290.70.910.910.9
0.040.07-0.05-0.030.090.030.05-0.14-0.130.090.07-0.090.640.080.48-0.190.280.01-0.020.690.27-0.22-0.1-0.1-0.16
0.840.70.610.760.880.810.670.710.840.750.81-0.090.60.620.090.610.220.780.890.590.30.960.790.780.89
0.680.60.420.590.730.660.560.480.560.670.690.640.60.60.540.280.30.630.660.940.570.450.550.550.58
0.770.870.170.610.630.80.90.480.620.470.80.080.620.60.760.29-0.180.830.680.580.140.510.640.620.58
0.470.69-0.050.350.310.530.720.230.260.270.540.480.090.540.760.02-0.290.570.330.540.09-0.080.30.290.17
0.610.520.710.640.640.60.480.670.660.680.6-0.190.610.280.290.020.170.560.640.180.370.570.50.610.61
0.01-0.210.09-0.060.22-0.07-0.27-0.050.040.19-0.040.280.220.3-0.18-0.290.17-0.130.110.310.340.150.110.130.09
0.980.980.640.940.91.00.960.860.920.810.990.010.780.630.830.570.56-0.130.940.560.210.690.890.880.88
0.980.860.740.950.980.960.820.90.980.90.96-0.020.890.660.680.330.640.110.940.580.320.80.950.950.96
0.610.560.240.460.660.590.530.330.450.550.630.690.590.940.580.540.180.310.560.580.510.430.470.460.49
0.30.120.20.270.430.260.090.20.290.350.290.270.30.570.140.090.370.340.210.320.510.230.270.310.36
0.740.590.610.70.770.720.570.660.780.610.7-0.220.960.450.51-0.080.570.150.690.80.430.230.710.690.84
0.930.790.640.910.930.90.750.860.960.810.91-0.10.790.550.640.30.50.110.890.950.470.270.710.970.92
0.930.780.680.920.950.90.730.90.970.840.91-0.10.780.550.620.290.610.130.880.950.460.310.690.970.92
0.930.760.760.930.950.90.720.910.970.860.9-0.160.890.580.580.170.610.090.880.960.490.360.840.920.92
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Apollo Hospitals Account Relationship Matchups

Apollo Hospitals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets113.4B114.2B131.9B144.3B167.5B175.9B
Short Long Term Debt Total56.2B41.6B40.7B43.3B53.3B56.0B
Other Current Liab1.9B3.4B359M3.8B10.4B11.0B
Total Current Liabilities23.4B20.4B23.8B33.2B46.6B49.0B
Total Stockholder Equity33.4B46.0B56.2B62.0B69.4B72.8B
Property Plant And Equipment Net72.6B65.5B72.8B80.3B93.9B98.5B
Net Debt52.4B37.3B34.9B39.0B44.0B46.2B
Retained Earnings15.5B5.9B16.7B21.3B39.1B41.1B
Accounts Payable9.1B11.6B16.3B19.2B23.7B24.9B
Cash3.8B4.3B5.8B4.3B9.3B9.8B
Non Current Assets Total86.9B77.8B90.7B100.9B114.7B120.5B
Non Currrent Assets Other6.2B4.0B3.6B5.4B5.7B4.9B
Cash And Short Term Investments6.4B14.2B10.8B12.1B11.9B12.5B
Liabilities And Stockholders Equity113.4B114.2B131.9B144.3B167.5B175.9B
Non Current Liabilities Total55.3B45.8B49.3B45.7B47.7B26.7B
Inventory7.4B2.5B4.3B3.9B4.6B3.3B
Other Current Assets1.7B5.4B1M8.4B9.7B10.2B
Other Stockholder Equity(15.7B)(16.2B)28.6B29.3B39.3B24.7B
Total Liab78.7B66.1B73.1B79.0B94.3B99.0B
Total Current Assets26.5B36.4B41.2B43.4B52.8B55.4B
Accumulated Other Comprehensive Income11.3B10.7B9.5B11.3B884M928.2M
Other Assets(1M)4.2B4.8B6.8B7.9B4.8B
Short Term Investments2.6B10.0B5.0B7.8B6.8B7.2B
Net Receivables11.0B14.9B26.1B25.0B26.6B27.9B
Good Will3.5B3.8B9.2B9.9B10.1B10.6B
Intangible Assets547M858M1.1B1.1B1.4B1.4B
Current Deferred Revenue3.4B3.7B4.1B2.8B1.4B1.3B
Short Term Debt9.0B4.6B3.1B9.0B11.2B11.7B
Other Liab8.1B8.7B11.7B11.4B13.1B8.1B
Net Tangible Assets29.4B41.4B45.9B51.1B58.7B37.7B
Long Term Debt28.5B24.7B24.3B19.4B22.4B26.1B
Short Long Term Debt5.0B3.9B2.1B7.7B9.3B5.9B
Property Plant Equipment72.6B65.5B72.8B80.3B92.4B60.4B
Long Term Debt Total29.5B47.2B37.0B37.6B43.2B36.9B
Cash And Equivalents2.9B281M386M483M434.7M413.0M
Capital Lease Obligations20.3B13.0B14.3B16.2B21.7B13.4B

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Other Information on Investing in Apollo Stock

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