Bajaj Income Before Tax vs Interest Expense 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 Income Before Tax and its Interest Expense 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.

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Hindusthan Sugar Income Before Tax account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Bajaj Hindusthan's Income Before Tax and Interest Expense is -0.07. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Expense 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 Income Before Tax and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Bajaj Hindusthan Sugar are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Income Before Tax i.e., Bajaj Hindusthan's Income Before Tax and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.07

Relationship Direction	Negative
Relationship Strength	Insignificant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Bajaj Hindusthan income statement and is an important metric when analyzing Bajaj Hindusthan Sugar profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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 Profit	9.1B	11.6B	10.7B	7.8B
Total Revenue	55.0B	63.4B	61.0B	45.7B

Gross Profit Total Revenue

Bajaj Hindusthan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	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	Common Stock	Short Term Debt	Retained Earnings	Current Deferred Revenue	Short Term Investments	Other Liab
Total Assets		0.66	0.28	0.76	0.86	0.94	0.67	0.62	0.21	0.91	0.2	0.2	0.28	0.33	0.59	0.69	0.31	0.75	0.97	0.66	0.79	0.13	-0.58	0.12	0.53	0.4
Short Long Term Debt Total	0.66		-0.21	0.43	0.38	0.59	1.0	0.15	0.49	0.52	0.02	0.11	0.52	-0.33	0.57	0.38	0.43	0.76	0.72	0.58	0.33	0.34	-0.45	0.41	0.25	-0.16
Other Current Liab	0.28	-0.21		0.28	0.41	0.26	-0.21	0.16	-0.15	0.4	-0.07	-0.12	-0.5	0.88	0.0	0.12	-0.23	0.04	0.2	-0.07	0.27	-0.15	-0.41	-0.3	0.15	0.77
Total Current Liabilities	0.76	0.43	0.28		0.7	0.64	0.41	0.33	0.48	0.73	0.1	0.19	-0.04	0.23	-0.03	0.43	0.38	0.39	0.72	0.43	0.36	0.59	-0.31	0.01	0.22	0.08
Total Stockholder Equity	0.86	0.38	0.41	0.7		0.85	0.38	0.36	0.26	0.94	-0.03	-0.04	0.06	0.51	0.3	0.42	0.15	0.41	0.72	0.28	0.64	0.22	-0.3	-0.07	0.18	0.56
Property Plant And Equipment Net	0.94	0.59	0.26	0.64	0.85		0.59	0.64	0.15	0.81	0.38	0.36	0.43	0.29	0.6	0.64	0.17	0.62	0.89	0.69	0.8	0.03	-0.4	-0.05	0.57	0.47
Net Debt	0.67	1.0	-0.21	0.41	0.38	0.59		0.2	0.43	0.52	0.04	0.12	0.54	-0.33	0.61	0.42	0.42	0.78	0.73	0.61	0.36	0.3	-0.45	0.43	0.29	-0.16
Accounts Payable	0.62	0.15	0.16	0.33	0.36	0.64	0.2		-0.5	0.37	0.59	0.46	0.35	0.26	0.64	0.87	0.12	0.54	0.69	0.77	0.79	-0.51	-0.41	-0.03	0.91	0.4
Cash	0.21	0.49	-0.15	0.48	0.26	0.15	0.43	-0.5		0.34	-0.22	0.01	0.04	-0.25	-0.28	-0.42	0.3	0.07	0.15	-0.12	-0.23	0.88	-0.07	-0.04	-0.51	-0.37
Non Current Assets Total	0.91	0.52	0.4	0.73	0.94	0.81	0.52	0.37	0.34		-0.11	-0.09	0.02	0.48	0.4	0.43	0.25	0.61	0.82	0.3	0.65	0.25	-0.54	0.04	0.19	0.46
Non Currrent Assets Other	0.2	0.02	-0.07	0.1	-0.03	0.38	0.04	0.59	-0.22	-0.11		0.96	0.59	-0.07	0.3	0.39	-0.22	0.16	0.28	0.67	0.45	-0.31	-0.01	-0.33	0.71	0.02
Cash And Short Term Investments	0.2	0.11	-0.12	0.19	-0.04	0.36	0.12	0.46	0.01	-0.09	0.96		0.57	-0.14	0.21	0.28	-0.18	0.15	0.29	0.65	0.37	-0.11	-0.03	-0.29	0.6	-0.11
Net Receivables	0.28	0.52	-0.5	-0.04	0.06	0.43	0.54	0.35	0.04	0.02	0.59	0.57		-0.44	0.56	0.32	-0.07	0.43	0.36	0.63	0.4	-0.14	0.01	-0.09	0.45	-0.22
Common Stock Shares Outstanding	0.33	-0.33	0.88	0.23	0.51	0.29	-0.33	0.26	-0.25	0.48	-0.07	-0.14	-0.44		0.08	0.18	-0.28	0.07	0.22	-0.13	0.47	-0.29	-0.37	-0.27	0.15	0.78
Non Current Liabilities Total	0.59	0.57	0.0	-0.03	0.3	0.6	0.61	0.64	-0.28	0.4	0.3	0.21	0.56	0.08		0.65	0.1	0.78	0.67	0.65	0.76	-0.54	-0.6	0.26	0.69	0.33
Inventory	0.69	0.38	0.12	0.43	0.42	0.64	0.42	0.87	-0.42	0.43	0.39	0.28	0.32	0.18	0.65		0.26	0.63	0.77	0.83	0.74	-0.33	-0.36	0.35	0.87	0.28
Other Current Assets	0.31	0.43	-0.23	0.38	0.15	0.17	0.42	0.12	0.3	0.25	-0.22	-0.18	-0.07	-0.28	0.1	0.26		0.2	0.36	0.28	-0.03	0.35	-0.18	0.41	0.04	-0.15
Other Stockholder Equity	0.75	0.76	0.04	0.39	0.41	0.62	0.78	0.54	0.07	0.61	0.16	0.15	0.43	0.07	0.78	0.63	0.2		0.83	0.63	0.62	-0.09	-0.69	0.27	0.53	0.04
Total Liab	0.97	0.72	0.2	0.72	0.72	0.89	0.73	0.69	0.15	0.82	0.28	0.29	0.36	0.22	0.67	0.77	0.36	0.83		0.78	0.8	0.06	-0.65	0.19	0.64	0.3
Total Current Assets	0.66	0.58	-0.07	0.43	0.28	0.69	0.61	0.77	-0.12	0.3	0.67	0.65	0.63	-0.13	0.65	0.83	0.28	0.63	0.78		0.65	-0.16	-0.36	0.2	0.88	0.08
Common Stock	0.79	0.33	0.27	0.36	0.64	0.8	0.36	0.79	-0.23	0.65	0.45	0.37	0.4	0.47	0.76	0.74	-0.03	0.62	0.8	0.65		-0.4	-0.56	0.05	0.75	0.56
Short Term Debt	0.13	0.34	-0.15	0.59	0.22	0.03	0.3	-0.51	0.88	0.25	-0.31	-0.11	-0.14	-0.29	-0.54	-0.33	0.35	-0.09	0.06	-0.16	-0.4		0.17	0.05	-0.54	-0.46
Retained Earnings	-0.58	-0.45	-0.41	-0.31	-0.3	-0.4	-0.45	-0.41	-0.07	-0.54	-0.01	-0.03	0.01	-0.37	-0.6	-0.36	-0.18	-0.69	-0.65	-0.36	-0.56	0.17		-0.14	-0.41	-0.37
Current Deferred Revenue	0.12	0.41	-0.3	0.01	-0.07	-0.05	0.43	-0.03	-0.04	0.04	-0.33	-0.29	-0.09	-0.27	0.26	0.35	0.41	0.27	0.19	0.2	0.05	0.05	-0.14		0.11	-0.24
Short Term Investments	0.53	0.25	0.15	0.22	0.18	0.57	0.29	0.91	-0.51	0.19	0.71	0.6	0.45	0.15	0.69	0.87	0.04	0.53	0.64	0.88	0.75	-0.54	-0.41	0.11		0.33
Other Liab	0.4	-0.16	0.77	0.08	0.56	0.47	-0.16	0.4	-0.37	0.46	0.02	-0.11	-0.22	0.78	0.33	0.28	-0.15	0.04	0.3	0.08	0.56	-0.46	-0.37	-0.24	0.33

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Bajaj Hindusthan Account Relationship Matchups

Bajaj Hindusthan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	135.5B	131.4B	130.5B	159.4B	159.1B	118.7B
Short Long Term Debt Total	55.0B	54.1B	48.2B	43.0B	38.4B	55.0B
Other Current Liab	2.0B	1.6B	13.8B	12.2B	25.4B	26.7B
Total Current Liabilities	50.0B	52.5B	59.3B	62.3B	64.6B	39.3B
Total Stockholder Equity	27.0B	23.7B	22.6B	44.2B	44.8B	26.6B
Property Plant And Equipment Net	72.5B	72.8B	68.1B	78.1B	75.9B	63.2B
Net Debt	54.0B	53.4B	47.6B	42.8B	37.9B	53.2B
Accounts Payable	44.4B	44.6B	40.9B	45.6B	36.3B	24.4B
Cash	1.0B	737.8M	517.3M	231.7M	519.7M	493.7M
Non Current Assets Total	76.1B	73.4B	69.7B	124.6B	122.9B	78.6B
Non Currrent Assets Other	13.0B	10.6B	20.6B	1.6B	879M	835.1M
Cash And Short Term Investments	11.4B	11.1B	19.7B	234M	522.1M	496.0M
Net Receivables	12.9B	13.3B	10.2B	1.4B	1.6B	1.5B
Liabilities And Stockholders Equity	135.5B	131.4B	130.5B	159.4B	159.1B	118.7B
Non Current Liabilities Total	58.5B	55.1B	48.6B	52.7B	49.6B	51.9B
Inventory	27.1B	25.4B	27.5B	26.1B	27.2B	18.8B
Other Current Assets	15.6B	8.0B	(3.4B)	7.1B	6.9B	7.9B
Total Liab	108.5B	107.6B	107.9B	115.0B	114.2B	91.3B
Total Current Assets	59.4B	57.9B	60.8B	34.8B	36.2B	40.1B
Accumulated Other Comprehensive Income	1.6B	1.3B	985.7M	24.0B	25.4B	26.6B
Short Term Debt	6.4B	3.6B	6.0B	4.5B	2.9B	2.7B
Retained Earnings	(17.6B)	(20.5B)	(23.3B)	(24.6B)	(25.5B)	(26.8B)
Short Term Investments	10.4B	10.4B	19.2B	2.3M	2.4M	2.3M
Other Liab	7.1B	7.0B	6.2B	14.2B	16.4B	17.2B
Net Tangible Assets	27.0B	23.7B	22.6B	44.2B	50.9B	31.1B
Other Assets	2.6B	2.6B	1.5B	1.7B	1.5B	1.5B
Long Term Debt	51.4B	48.0B	42.4B	38.5B	35.5B	39.4B
Short Long Term Debt	3.5B	207.2M	5.7B	4.5B	2.9B	2.7B
Property Plant Equipment	72.5B	70.3B	68.1B	78.1B	89.8B	76.6B
Long Term Debt Total	51.5B	48.1B	42.5B	38.5B	34.7B	39.8B
Net Invested Capital	81.9B	72.0B	70.7B	87.3B	83.1B	67.0B
Net Working Capital	9.4B	5.4B	1.6B	(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.

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Bajaj Income Before Tax vs Interest Expense Analysis

Income Before Tax vs Interest Expense

Income Before Tax vs Interest Expense Correlation Analysis

Correlation Coefficient

Income Before Tax

Interest Expense

Bajaj Hindusthan fundamental ratios Correlations

Bajaj Hindusthan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bajaj Hindusthan fundamental ratios Accounts

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Other Information on Investing in Bajaj Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 0.97	Total Assets
Cash And Short Term Investments	+ 0.96	Non Currrent Assets Other
Property Plant And Equipment Net	+ 0.94	Total Assets
Non Current Assets Total	+ 0.94	Total Stockholder Equity
Non Current Assets Total	+ 0.91	Total Assets

Retained Earnings	- 0.69	Other Stockholder Equity
Retained Earnings	- 0.65	Total Liab
Retained Earnings	- 0.6	Non Current Liabilities Total
Retained Earnings	- 0.58	Total Assets
Retained Earnings	- 0.56	Common Stock
Short Term Investments	- 0.54	Short Term Debt