Bajaj Net Debt vs Inventory Analysis

BAJAJHCARE

397.35 1.95 0.49%

Bajaj Healthcare financial indicator trend analysis is way more than just evaluating Bajaj Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Healthcare is a good investment. Please check the relationship between Bajaj Healthcare Net Debt and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Healthcare 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 inflation.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Healthcare Net Debt account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Bajaj Healthcare's Net Debt and Inventory is 0.98. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Bajaj Healthcare Limited, assuming nothing else is changed. The correlation between historical values of Bajaj Healthcare's Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Bajaj Healthcare Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Bajaj Healthcare's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Bajaj Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Healthcare 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 Bajaj Healthcare 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 inflation.

The current year's Selling General Administrative is expected to grow to about 104 M, whereas Tax Provision is projected to grow to (22.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	127.8M	228.7M	296.8M	311.6M
Depreciation And Amortization	176.4M	273.6M	276.2M	141.6M

Interest Expense Depreciation And Amortization

Bajaj Healthcare fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Short Term Investments
Total Assets		0.98	0.27	0.97	0.91	0.9	0.22	0.98	0.98	0.87	0.5	0.91	-0.5	0.6	0.9	0.66	0.81	0.98	0.8	-0.94	0.99	0.99	0.95	0.81	-0.56	0.58
Short Long Term Debt Total	0.98		0.29	0.98	0.85	0.85	0.11	1.0	0.95	0.8	0.47	0.87	-0.57	0.59	0.87	0.67	0.78	0.98	0.85	-0.93	0.99	0.99	0.99	0.72	-0.59	0.52
Other Current Liab	0.27	0.29		0.44	-0.04	-0.1	-0.54	0.32	0.17	0.1	-0.47	-0.06	0.46	-0.4	0.1	0.81	-0.25	0.18	0.1	-0.15	0.36	0.37	0.41	0.07	-0.91	-0.14
Total Current Liabilities	0.97	0.98	0.44		0.8	0.78	0.06	0.99	0.92	0.79	0.36	0.8	-0.45	0.48	0.85	0.77	0.67	0.95	0.82	-0.89	0.99	0.99	0.99	0.71	-0.7	0.49
Total Stockholder Equity	0.91	0.85	-0.04	0.8		0.99	0.47	0.84	0.94	0.94	0.65	0.99	-0.54	0.68	0.95	0.45	0.91	0.9	0.68	-0.9	0.85	0.86	0.77	0.91	-0.25	0.69
Property Plant And Equipment Net	0.9	0.85	-0.1	0.78	0.99		0.47	0.84	0.93	0.9	0.67	1.0	-0.6	0.71	0.92	0.39	0.95	0.91	0.68	-0.91	0.84	0.84	0.77	0.87	-0.2	0.7
Current Deferred Revenue	0.22	0.11	-0.54	0.06	0.47	0.47		0.09	0.25	0.37	0.52	0.44	-0.39	0.48	0.4	-0.26	0.38	0.2	0.21	-0.1	0.11	0.14	0.02	0.49	0.46	0.42
Net Debt	0.98	1.0	0.32	0.99	0.84	0.84	0.09		0.94	0.79	0.44	0.85	-0.56	0.56	0.86	0.69	0.76	0.98	0.84	-0.93	1.0	0.99	0.99	0.71	-0.61	0.52
Retained Earnings	0.98	0.95	0.17	0.92	0.94	0.93	0.25	0.94		0.9	0.55	0.94	-0.49	0.62	0.91	0.57	0.88	0.98	0.75	-0.97	0.96	0.96	0.9	0.83	-0.45	0.66
Accounts Payable	0.87	0.8	0.1	0.79	0.94	0.9	0.37	0.79	0.9		0.49	0.91	-0.36	0.51	0.96	0.51	0.8	0.87	0.61	-0.86	0.82	0.85	0.75	0.89	-0.32	0.73
Cash	0.5	0.47	-0.47	0.36	0.65	0.67	0.52	0.44	0.55	0.49		0.65	-0.68	0.98	0.51	0.0	0.74	0.51	0.5	-0.51	0.43	0.44	0.38	0.54	0.18	0.18
Non Current Assets Total	0.91	0.87	-0.06	0.8	0.99	1.0	0.44	0.85	0.94	0.91	0.65		-0.59	0.69	0.93	0.44	0.93	0.91	0.7	-0.91	0.86	0.86	0.78	0.89	-0.24	0.68
Non Currrent Assets Other	-0.5	-0.57	0.46	-0.45	-0.54	-0.6	-0.39	-0.56	-0.49	-0.36	-0.68	-0.59		-0.77	-0.52	0.05	-0.63	-0.58	-0.75	0.49	-0.5	-0.47	-0.52	-0.31	-0.16	-0.32
Cash And Short Term Investments	0.6	0.59	-0.4	0.48	0.68	0.71	0.48	0.56	0.62	0.51	0.98	0.69	-0.77		0.56	0.08	0.77	0.61	0.63	-0.58	0.54	0.54	0.51	0.54	0.08	0.21
Net Receivables	0.9	0.87	0.1	0.85	0.95	0.92	0.4	0.86	0.91	0.96	0.51	0.93	-0.52	0.56		0.54	0.79	0.91	0.71	-0.86	0.88	0.89	0.83	0.85	-0.35	0.71
Common Stock Shares Outstanding	0.66	0.67	0.81	0.77	0.45	0.39	-0.26	0.69	0.57	0.51	0.0	0.44	0.05	0.08	0.54		0.22	0.57	0.5	-0.53	0.72	0.72	0.74	0.55	-0.95	0.03
Non Current Liabilities Total	0.81	0.78	-0.25	0.67	0.91	0.95	0.38	0.76	0.88	0.8	0.74	0.93	-0.63	0.77	0.79	0.22		0.84	0.62	-0.89	0.75	0.74	0.66	0.77	-0.06	0.62
Inventory	0.98	0.98	0.18	0.95	0.9	0.91	0.2	0.98	0.98	0.87	0.51	0.91	-0.58	0.61	0.91	0.57	0.84		0.81	-0.97	0.97	0.97	0.94	0.75	-0.47	0.66
Other Current Assets	0.8	0.85	0.1	0.82	0.68	0.68	0.21	0.84	0.75	0.61	0.5	0.7	-0.75	0.63	0.71	0.5	0.62	0.81		-0.69	0.82	0.81	0.86	0.61	-0.42	0.28
Other Stockholder Equity	-0.94	-0.93	-0.15	-0.89	-0.9	-0.91	-0.1	-0.93	-0.97	-0.86	-0.51	-0.91	0.49	-0.58	-0.86	-0.53	-0.89	-0.97	-0.69		-0.93	-0.92	-0.88	-0.73	0.43	-0.67
Total Liab	0.99	0.99	0.36	0.99	0.85	0.84	0.11	1.0	0.96	0.82	0.43	0.86	-0.5	0.54	0.88	0.72	0.75	0.97	0.82	-0.93		1.0	0.99	0.75	-0.63	0.53
Total Current Assets	0.99	0.99	0.37	0.99	0.86	0.84	0.14	0.99	0.96	0.85	0.44	0.86	-0.47	0.54	0.89	0.72	0.74	0.97	0.81	-0.92	1.0		0.98	0.77	-0.63	0.54
Short Term Debt	0.95	0.99	0.41	0.99	0.77	0.77	0.02	0.99	0.9	0.75	0.38	0.78	-0.52	0.51	0.83	0.74	0.66	0.94	0.86	-0.88	0.99	0.98		0.66	-0.68	0.44
Common Stock	0.81	0.72	0.07	0.71	0.91	0.87	0.49	0.71	0.83	0.89	0.54	0.89	-0.31	0.54	0.85	0.55	0.77	0.75	0.61	-0.73	0.75	0.77	0.66		-0.33	0.48
Other Assets	-0.56	-0.59	-0.91	-0.7	-0.25	-0.2	0.46	-0.61	-0.45	-0.32	0.18	-0.24	-0.16	0.08	-0.35	-0.95	-0.06	-0.47	-0.42	0.43	-0.63	-0.63	-0.68	-0.33		0.07
Short Term Investments	0.58	0.52	-0.14	0.49	0.69	0.7	0.42	0.52	0.66	0.73	0.18	0.68	-0.32	0.21	0.71	0.03	0.62	0.66	0.28	-0.67	0.53	0.54	0.44	0.48	0.07

Click cells to compare fundamentals

Bajaj Healthcare Account Relationship Matchups

Bajaj Healthcare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	5.3B	7.2B	9.0B	7.7B	8.0B
Short Long Term Debt Total	909.3M	1.8B	2.6B	4.2B	3.3B	3.5B
Other Current Liab	123.4M	14.9M	168.5M	(119.0M)	583.8M	613.0M
Total Current Liabilities	1.5B	1.8B	3.2B	4.4B	4.4B	4.6B
Total Stockholder Equity	1.5B	2.6B	3.3B	3.7B	2.8B	1.6B
Property Plant And Equipment Net	1.4B	2.7B	3.2B	3.9B	2.6B	1.7B
Current Deferred Revenue	310.7M	109.5M	255.6M	282.9M	3.1M	3.0M
Net Debt	867.7M	1.7B	2.5B	4.0B	3.3B	3.5B
Retained Earnings	982.2M	2.5B	3.2B	3.5B	2.7B	2.8B
Accounts Payable	574.8M	689.5M	1.0B	847.5M	894.3M	488.8M
Cash	41.6M	142.4M	19.8M	177.2M	21.7M	20.7M
Non Current Assets Total	1.5B	2.7B	3.2B	3.9B	2.9B	1.7B
Non Currrent Assets Other	(375.0)	21.2M	10.7M	(3.9B)	38.4M	40.4M
Cash And Short Term Investments	41.6M	142.4M	19.8M	223.2M	29.3M	51.8M
Net Receivables	984.8M	988.8M	1.8B	1.9B	1.8B	973.5M
Liabilities And Stockholders Equity	3.3B	5.3B	7.2B	9.0B	7.7B	8.0B
Non Current Liabilities Total	278.7M	846.5M	705.4M	977.1M	452.9M	403.2M
Inventory	392.8M	971.1M	1.6B	2.1B	1.4B	1.5B
Other Current Assets	1.2B	481.0M	525.6M	2.8B	1.5B	1.6B
Other Stockholder Equity	395.9M	(2.6B)	(3.3B)	(3.7B)	(2.7B)	(2.5B)
Total Liab	1.7B	2.7B	3.9B	5.3B	4.9B	5.1B
Total Current Assets	1.8B	2.6B	4.0B	5.1B	4.8B	5.0B
Short Term Debt	673.5M	1.0B	1.8B	3.2B	2.9B	3.1B
Accumulated Other Comprehensive Income	(2.2M)	(4.3M)	(3.6M)	(446K)	(28.2M)	(26.8M)
Other Liab	38.2M	49.3M	42.3M	33.0M	37.9M	39.0M
Net Tangible Assets	1.8B	2.6B	3.3B	3.7B	4.2B	2.5B
Property Plant Equipment	1.7B	2.7B	3.2B	3.9B	4.4B	2.6B
Long Term Debt	235.8M	797.1M	663.1M	936.6M	650.3M	633.8M
Net Invested Capital	2.4B	4.4B	5.9B	7.8B	6.1B	5.3B
Short Long Term Debt	673.5M	1.0B	1.9B	3.2B	2.7B	1.9B
Net Working Capital	343.1M	757.6M	762.4M	736.8M	650.3M	632.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Bajaj Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Bajaj Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Bajaj Healthcare fundamental ratios Correlations

Bajaj Healthcare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bajaj Healthcare fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Bajaj Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Net Debt
Total Current Assets	+ 1.0	Total Liab
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Inventory
Other Stockholder Equity	- 0.97	Retained Earnings
Other Assets	- 0.95	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.94	Total Assets
Total Liab	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Net Debt