Bajaj Common Stock vs Total Assets Analysis

BAJAJHIND   33.54  0.45  1.36%   
Bajaj Hindusthan financial indicator trend analysis is way more than just evaluating Bajaj Hindusthan Sugar prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Hindusthan Sugar is a good investment. Please check the relationship between Bajaj Hindusthan Common Stock and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Hindusthan Sugar. 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.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Hindusthan Sugar Common Stock account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bajaj Hindusthan's Common Stock and Total Assets is 0.79. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bajaj Hindusthan Sugar, assuming nothing else is changed. The correlation between historical values of Bajaj Hindusthan's Common Stock and Total 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 Common Stock of Bajaj Hindusthan Sugar are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Bajaj Hindusthan's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Total Assets

Total assets refers to the total amount of Bajaj Hindusthan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bajaj Hindusthan Sugar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Bajaj Hindusthan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Hindusthan Sugar 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 Hindusthan Sugar. 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 Bajaj Hindusthan's current Selling General Administrative is estimated to increase to about 192.2 M, while Tax Provision is forecasted to increase to (77.2 M).
 2021 2022 2023 2024 (projected)
Gross Profit9.1B11.6B10.7B7.8B
Total Revenue55.0B63.4B61.0B45.7B

Bajaj Hindusthan fundamental ratios Correlations

0.660.280.760.860.940.670.620.210.910.20.20.280.330.590.690.310.750.970.660.790.13-0.580.120.530.4
0.66-0.210.430.380.591.00.150.490.520.020.110.52-0.330.570.380.430.760.720.580.330.34-0.450.410.25-0.16
0.28-0.210.280.410.26-0.210.16-0.150.4-0.07-0.12-0.50.880.00.12-0.230.040.2-0.070.27-0.15-0.41-0.30.150.77
0.760.430.280.70.640.410.330.480.730.10.19-0.040.23-0.030.430.380.390.720.430.360.59-0.310.010.220.08
0.860.380.410.70.850.380.360.260.94-0.03-0.040.060.510.30.420.150.410.720.280.640.22-0.3-0.070.180.56
0.940.590.260.640.850.590.640.150.810.380.360.430.290.60.640.170.620.890.690.80.03-0.4-0.050.570.47
0.671.0-0.210.410.380.590.20.430.520.040.120.54-0.330.610.420.420.780.730.610.360.3-0.450.430.29-0.16
0.620.150.160.330.360.640.2-0.50.370.590.460.350.260.640.870.120.540.690.770.79-0.51-0.41-0.030.910.4
0.210.49-0.150.480.260.150.43-0.50.34-0.220.010.04-0.25-0.28-0.420.30.070.15-0.12-0.230.88-0.07-0.04-0.51-0.37
0.910.520.40.730.940.810.520.370.34-0.11-0.090.020.480.40.430.250.610.820.30.650.25-0.540.040.190.46
0.20.02-0.070.1-0.030.380.040.59-0.22-0.110.960.59-0.070.30.39-0.220.160.280.670.45-0.31-0.01-0.330.710.02
0.20.11-0.120.19-0.040.360.120.460.01-0.090.960.57-0.140.210.28-0.180.150.290.650.37-0.11-0.03-0.290.6-0.11
0.280.52-0.5-0.040.060.430.540.350.040.020.590.57-0.440.560.32-0.070.430.360.630.4-0.140.01-0.090.45-0.22
0.33-0.330.880.230.510.29-0.330.26-0.250.48-0.07-0.14-0.440.080.18-0.280.070.22-0.130.47-0.29-0.37-0.270.150.78
0.590.570.0-0.030.30.60.610.64-0.280.40.30.210.560.080.650.10.780.670.650.76-0.54-0.60.260.690.33
0.690.380.120.430.420.640.420.87-0.420.430.390.280.320.180.650.260.630.770.830.74-0.33-0.360.350.870.28
0.310.43-0.230.380.150.170.420.120.30.25-0.22-0.18-0.07-0.280.10.260.20.360.28-0.030.35-0.180.410.04-0.15
0.750.760.040.390.410.620.780.540.070.610.160.150.430.070.780.630.20.830.630.62-0.09-0.690.270.530.04
0.970.720.20.720.720.890.730.690.150.820.280.290.360.220.670.770.360.830.780.80.06-0.650.190.640.3
0.660.58-0.070.430.280.690.610.77-0.120.30.670.650.63-0.130.650.830.280.630.780.65-0.16-0.360.20.880.08
0.790.330.270.360.640.80.360.79-0.230.650.450.370.40.470.760.74-0.030.620.80.65-0.4-0.560.050.750.56
0.130.34-0.150.590.220.030.3-0.510.880.25-0.31-0.11-0.14-0.29-0.54-0.330.35-0.090.06-0.16-0.40.170.05-0.54-0.46
-0.58-0.45-0.41-0.31-0.3-0.4-0.45-0.41-0.07-0.54-0.01-0.030.01-0.37-0.6-0.36-0.18-0.69-0.65-0.36-0.560.17-0.14-0.41-0.37
0.120.41-0.30.01-0.07-0.050.43-0.03-0.040.04-0.33-0.29-0.09-0.270.260.350.410.270.190.20.050.05-0.140.11-0.24
0.530.250.150.220.180.570.290.91-0.510.190.710.60.450.150.690.870.040.530.640.880.75-0.54-0.410.110.33
0.4-0.160.770.080.560.47-0.160.4-0.370.460.02-0.11-0.220.780.330.28-0.150.040.30.080.56-0.46-0.37-0.240.33
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Bajaj Hindusthan Account Relationship Matchups

Bajaj Hindusthan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets135.5B131.4B130.5B159.4B159.1B118.7B
Short Long Term Debt Total55.0B54.1B48.2B43.0B38.4B55.0B
Other Current Liab2.0B1.6B13.8B12.2B25.4B26.7B
Total Current Liabilities50.0B52.5B59.3B62.3B64.6B39.3B
Total Stockholder Equity27.0B23.7B22.6B44.2B44.8B26.6B
Property Plant And Equipment Net72.5B72.8B68.1B78.1B75.9B63.2B
Net Debt54.0B53.4B47.6B42.8B37.9B53.2B
Accounts Payable44.4B44.6B40.9B45.6B36.3B24.4B
Cash1.0B737.8M517.3M231.7M519.7M493.7M
Non Current Assets Total76.1B73.4B69.7B124.6B122.9B78.6B
Non Currrent Assets Other13.0B10.6B20.6B1.6B879M835.1M
Cash And Short Term Investments11.4B11.1B19.7B234M522.1M496.0M
Net Receivables12.9B13.3B10.2B1.4B1.6B1.5B
Liabilities And Stockholders Equity135.5B131.4B130.5B159.4B159.1B118.7B
Non Current Liabilities Total58.5B55.1B48.6B52.7B49.6B51.9B
Inventory27.1B25.4B27.5B26.1B27.2B18.8B
Other Current Assets15.6B8.0B(3.4B)7.1B6.9B7.9B
Total Liab108.5B107.6B107.9B115.0B114.2B91.3B
Total Current Assets59.4B57.9B60.8B34.8B36.2B40.1B
Accumulated Other Comprehensive Income1.6B1.3B985.7M24.0B25.4B26.6B
Short Term Debt6.4B3.6B6.0B4.5B2.9B2.7B
Retained Earnings(17.6B)(20.5B)(23.3B)(24.6B)(25.5B)(26.8B)
Short Term Investments10.4B10.4B19.2B2.3M2.4M2.3M
Other Liab7.1B7.0B6.2B14.2B16.4B17.2B
Net Tangible Assets27.0B23.7B22.6B44.2B50.9B31.1B
Other Assets2.6B2.6B1.5B1.7B1.5B1.5B
Long Term Debt51.4B48.0B42.4B38.5B35.5B39.4B
Short Long Term Debt3.5B207.2M5.7B4.5B2.9B2.7B
Property Plant Equipment72.5B70.3B68.1B78.1B89.8B76.6B
Long Term Debt Total51.5B48.1B42.5B38.5B34.7B39.8B
Net Invested Capital81.9B72.0B70.7B87.3B83.1B67.0B
Net Working Capital9.4B5.4B1.6B(27.5B)(28.4B)(27.0B)

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Other Information on Investing in Bajaj Stock

Balance Sheet is a snapshot of the financial position of Bajaj Hindusthan Sugar at a specified time, usually calculated after every quarter, six months, or one year. Bajaj Hindusthan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bajaj Hindusthan 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.