Bajaj Net Income vs Change To Netincome Analysis

BAJAJHIND   27.72  0.33  1.20%   
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 Net Income and its Change To Netincome 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.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Hindusthan Sugar Net Income account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bajaj Hindusthan's Net Income and Change To Netincome is -0.45. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome 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 Net Income and Change To Netincome 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 Income of Bajaj Hindusthan Sugar are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Bajaj Hindusthan's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bajaj Hindusthan Sugar financial statement analysis. It represents the amount of money remaining after all of Bajaj Hindusthan Sugar operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Netincome

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 (69.5 M).
 2022 2023 2024 2025 (projected)
Gross Profit11.6B10.7B12.3B7.8B
Total Revenue63.4B61.0B70.2B45.7B

Bajaj Hindusthan fundamental ratios Correlations

0.550.40.780.880.940.550.640.150.920.130.120.160.470.590.720.280.750.970.60.820.06-0.590.060.50.49
0.55-0.240.360.260.51.00.120.490.380.040.130.53-0.310.540.320.430.710.630.580.30.36-0.430.430.24-0.2
0.4-0.240.350.540.36-0.250.22-0.20.52-0.14-0.2-0.530.880.070.21-0.210.120.3-0.080.32-0.21-0.37-0.320.130.81
0.780.360.350.720.670.340.370.420.760.050.13-0.110.350.010.470.350.420.740.40.420.52-0.35-0.030.210.19
0.880.260.540.720.860.260.410.170.95-0.09-0.12-0.070.630.320.480.110.440.750.230.680.12-0.32-0.130.170.64
0.940.50.360.670.860.510.660.10.830.310.280.320.420.610.670.150.640.90.640.83-0.02-0.42-0.090.550.54
0.551.0-0.250.340.260.510.160.440.380.060.140.55-0.30.580.370.430.730.640.610.330.31-0.440.450.28-0.19
0.640.120.220.370.410.660.16-0.510.420.540.40.280.350.650.880.110.560.710.750.81-0.52-0.43-0.060.890.45
0.150.49-0.20.420.170.10.44-0.510.24-0.20.030.07-0.28-0.3-0.430.30.050.11-0.12-0.250.88-0.06-0.02-0.51-0.39
0.920.380.520.760.950.830.380.420.24-0.17-0.17-0.10.610.410.490.20.610.830.240.690.14-0.54-0.030.180.56
0.130.04-0.140.05-0.090.310.060.54-0.2-0.170.960.6-0.10.280.34-0.220.130.220.670.4-0.28-0.01-0.310.7-0.03
0.120.13-0.20.13-0.120.280.140.40.03-0.170.960.59-0.180.180.22-0.170.110.220.640.32-0.08-0.03-0.260.59-0.16
0.160.53-0.53-0.11-0.070.320.550.280.07-0.10.60.59-0.470.510.23-0.060.360.250.620.32-0.10.02-0.050.43-0.28
0.47-0.310.880.350.630.42-0.30.35-0.280.61-0.1-0.18-0.470.160.3-0.260.180.37-0.080.5-0.32-0.34-0.30.150.8
0.590.540.070.010.320.610.580.65-0.30.410.280.180.510.160.650.10.780.680.640.78-0.55-0.610.240.690.37
0.720.320.210.470.480.670.370.88-0.430.490.340.220.230.30.650.240.650.780.80.77-0.35-0.390.310.850.36
0.280.43-0.210.350.110.150.430.110.30.2-0.22-0.17-0.06-0.260.10.240.190.330.28-0.030.35-0.180.420.04-0.15
0.750.710.120.420.440.640.730.560.050.610.130.110.360.180.780.650.190.840.610.66-0.11-0.720.240.530.11
0.970.630.30.740.750.90.640.710.110.830.220.220.250.370.680.780.330.840.730.830.01-0.670.140.620.38
0.60.58-0.080.40.230.640.610.75-0.120.240.670.640.62-0.080.640.80.280.610.730.64-0.15-0.360.210.880.07
0.820.30.320.420.680.830.330.81-0.250.690.40.320.320.50.780.77-0.030.660.830.64-0.42-0.580.020.730.59
0.060.36-0.210.520.12-0.020.31-0.520.880.14-0.28-0.08-0.1-0.32-0.55-0.350.35-0.110.01-0.15-0.420.170.07-0.54-0.48
-0.59-0.43-0.37-0.35-0.32-0.42-0.44-0.43-0.06-0.54-0.01-0.030.02-0.34-0.61-0.39-0.18-0.72-0.67-0.36-0.580.17-0.13-0.42-0.35
0.060.43-0.32-0.03-0.13-0.090.45-0.06-0.02-0.03-0.31-0.26-0.05-0.30.240.310.420.240.140.210.020.07-0.130.11-0.27
0.50.240.130.210.170.550.280.89-0.510.180.70.590.430.150.690.850.040.530.620.880.73-0.54-0.420.110.31
0.49-0.20.810.190.640.54-0.190.45-0.390.56-0.03-0.16-0.280.80.370.36-0.150.110.380.070.59-0.48-0.35-0.270.31
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Bajaj Hindusthan Account Relationship Matchups

Bajaj Hindusthan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets131.4B130.5B159.4B159.1B182.9B118.7B
Short Long Term Debt Total54.1B48.2B43.0B38.4B44.2B55.0B
Other Current Liab1.6B13.8B12.2B25.4B29.3B30.7B
Total Current Liabilities52.5B59.3B62.3B64.6B74.3B39.3B
Total Stockholder Equity23.7B22.6B44.2B44.8B51.5B26.6B
Property Plant And Equipment Net72.8B68.1B78.1B75.9B87.3B63.2B
Net Debt53.4B47.6B42.8B37.9B43.6B53.2B
Accounts Payable44.6B40.9B45.6B36.3B41.7B24.4B
Cash737.8M517.3M231.7M519.7M467.7M444.3M
Non Current Assets Total73.4B69.7B124.6B122.9B141.3B78.6B
Non Currrent Assets Other10.6B20.6B1.6B879M1.0B960.3M
Cash And Short Term Investments11.1B19.7B234M522.1M600.4M570.4M
Net Receivables13.3B10.2B1.4B1.6B1.8B1.7B
Liabilities And Stockholders Equity131.4B130.5B159.4B159.1B182.9B118.7B
Non Current Liabilities Total55.1B48.6B52.7B49.6B57.0B51.9B
Inventory25.4B27.5B26.1B27.2B31.3B18.8B
Other Current Assets8.0B(3.4B)7.1B6.9B8.0B7.9B
Total Liab107.6B107.9B115.0B114.2B131.3B91.3B
Total Current Assets57.9B60.8B34.8B36.2B41.6B40.1B
Accumulated Other Comprehensive Income1.3B985.7M24.0B25.4B29.2B30.6B
Short Term Debt3.6B6.0B4.5B2.9B2.6B2.5B
Retained Earnings(20.5B)(23.3B)(24.6B)(25.5B)(22.9B)(24.1B)
Short Term Investments10.4B19.2B2.3M2.4M2.8M2.6M
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 Debt48.0B42.4B38.5B35.5B32.0B39.4B
Short Long Term Debt207.2M5.7B4.5B2.9B2.6B2.5B
Property Plant Equipment72.5B70.3B68.1B78.1B89.8B76.6B
Long Term Debt Total51.5B48.1B42.5B38.5B34.7B39.8B
Net Invested Capital72.0B70.7B87.3B83.1B74.8B67.0B
Net Working Capital5.4B1.6B(27.5B)(28.4B)(25.6B)(24.3B)

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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.