Apollo Other Current Liab vs Good Will Analysis

APOLLOHOSP   6,874  70.40  1.01%   
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 Other Current Liab and its Good Will 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.

Other Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Apollo Hospitals Ent Other Current Liab account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Apollo Hospitals' Other Current Liab and Good Will is 0.72. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will 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' Other Current Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Apollo Hospitals Enterprise are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Liab i.e., Apollo Hospitals' Other Current Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 Apollo Hospitals' current Tax Provision is estimated to increase to about 5.4 B, while Selling General Administrative is projected to decrease to under 1.7 B.
 2022 2023 2024 2025 (projected)
Interest Expense3.8B4.5B5.2B5.4B
Depreciation And Amortization6.1B6.9B7.9B8.3B

Apollo Hospitals fundamental ratios Correlations

0.950.80.970.971.00.940.920.970.671.00.070.870.960.660.920.470.760.420.990.990.670.350.790.950.95
0.950.750.890.850.971.00.830.870.640.960.090.770.860.610.980.660.660.260.980.90.620.190.670.830.82
0.80.750.890.780.80.760.890.810.290.80.120.590.70.470.630.320.810.130.790.790.470.310.550.720.78
0.970.890.890.950.960.890.980.980.530.960.020.810.940.560.830.370.810.360.950.970.570.320.760.940.95
0.970.850.780.950.950.830.920.970.690.960.110.90.960.70.820.330.780.530.930.990.70.450.810.960.96
1.00.970.80.960.950.960.910.960.661.00.050.860.940.640.940.520.750.361.00.970.650.310.770.930.93
0.941.00.760.890.830.960.820.860.60.950.060.750.850.580.980.660.660.220.980.880.590.180.660.820.81
0.920.830.890.980.920.910.820.970.490.91-0.070.780.910.470.740.280.80.280.90.930.470.270.720.930.94
0.970.870.810.980.970.960.860.970.580.96-0.070.870.980.540.820.30.780.420.940.990.550.330.820.980.98
0.670.640.290.530.690.660.60.490.580.670.320.690.650.790.690.540.390.570.640.670.80.440.520.630.59
1.00.960.80.960.961.00.950.910.960.670.090.850.950.670.940.520.740.390.990.970.670.340.760.940.93
0.070.090.120.020.110.050.06-0.07-0.070.320.09-0.05-0.040.680.060.480.10.390.040.020.660.3-0.18-0.05-0.1
0.870.770.590.810.90.860.750.780.870.690.85-0.050.860.610.770.150.740.530.830.910.640.340.970.830.91
0.960.860.70.940.960.940.850.910.980.650.95-0.040.860.570.850.340.650.520.930.970.570.280.780.990.94
0.660.610.470.560.70.640.580.470.540.790.670.680.610.570.620.580.50.580.620.631.00.570.470.550.57
0.920.980.630.830.820.940.980.740.820.690.940.060.770.850.620.680.560.280.960.860.640.190.670.810.79
0.470.660.320.370.330.520.660.280.30.540.520.480.150.340.580.680.150.050.550.350.570.14-0.010.320.22
0.760.660.810.810.780.750.660.80.780.390.740.10.740.650.50.560.150.230.710.780.50.510.720.70.78
0.420.260.130.360.530.360.220.280.420.570.390.390.530.520.580.280.050.230.330.470.580.240.480.490.39
0.990.980.790.950.931.00.980.90.940.640.990.040.830.930.620.960.550.710.330.960.630.270.750.910.91
0.990.90.790.970.990.970.880.930.990.670.970.020.910.970.630.860.350.780.470.960.640.360.830.960.97
0.670.620.470.570.70.650.590.470.550.80.670.660.640.571.00.640.570.50.580.630.640.570.50.550.58
0.350.190.310.320.450.310.180.270.330.440.340.30.340.280.570.190.140.510.240.270.360.570.280.350.39
0.790.670.550.760.810.770.660.720.820.520.76-0.180.970.780.470.67-0.010.720.480.750.830.50.280.750.86
0.950.830.720.940.960.930.820.930.980.630.94-0.050.830.990.550.810.320.70.490.910.960.550.350.750.95
0.950.820.780.950.960.930.810.940.980.590.93-0.10.910.940.570.790.220.780.390.910.970.580.390.860.95
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Apollo Hospitals Account Relationship Matchups

Apollo Hospitals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets114.2B131.9B144.3B167.5B192.7B202.3B
Short Long Term Debt Total41.6B40.7B43.3B53.3B61.3B64.4B
Other Current Liab3.4B359M3.8B10.4B12.0B12.6B
Total Current Liabilities20.4B23.8B33.2B46.6B53.6B56.3B
Total Stockholder Equity46.0B56.2B62.0B69.4B79.8B83.7B
Property Plant And Equipment Net65.5B72.8B80.3B93.9B107.9B113.3B
Net Debt37.3B34.9B39.0B48.3B55.5B58.3B
Retained Earnings5.9B16.7B21.3B39.1B45.0B47.2B
Accounts Payable11.6B16.3B19.2B23.7B27.2B28.6B
Cash4.3B5.8B4.3B5.1B5.8B3.2B
Non Current Assets Total77.8B90.7B100.9B114.7B131.9B138.5B
Non Currrent Assets Other4.0B3.6B5.4B5.7B6.6B4.9B
Cash And Short Term Investments14.2B10.8B12.1B11.9B13.7B14.4B
Net Receivables14.9B26.1B25.0B26.6B30.6B32.1B
Liabilities And Stockholders Equity114.2B131.9B144.3B167.5B192.7B202.3B
Non Current Liabilities Total45.8B49.3B45.7B47.7B54.8B57.6B
Inventory2.5B4.3B3.9B4.6B5.3B3.3B
Other Current Assets5.4B1M8.4B9.7B11.2B11.7B
Other Stockholder Equity5.9B28.6B29.3B39.3B32.9B21.2B
Total Liab66.1B73.1B79.0B94.3B108.5B113.9B
Total Current Assets36.4B41.2B43.4B52.8B60.7B63.8B
Accumulated Other Comprehensive Income10.7B9.5B11.3B884M1.0B1.1B
Other Assets(1M)4.2B4.8B6.8B7.9B4.8B
Short Term Investments10.0B5.0B7.8B6.8B7.9B8.3B
Good Will3.8B9.2B9.9B10.1B11.6B12.2B
Intangible Assets858M1.1B1.1B1.4B1.6B1.6B
Short Term Debt4.6B3.1B9.0B11.2B12.8B13.5B
Current Deferred Revenue3.7B4.1B2.8B1.4B1.6B2.8B
Other Liab8.1B8.7B11.7B11.4B13.1B8.1B
Net Tangible Assets29.4B41.4B45.9B51.1B58.7B37.7B
Long Term Debt24.7B24.3B19.4B22.4B25.7B26.1B
Short Long Term Debt3.9B2.1B7.7B9.3B10.7B5.9B
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 Obligations13.0B14.3B16.2B21.7B25.0B13.4B

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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.