Bajaj Net Receivables vs Good Will Analysis

BAJAJHLDNG   10,468  78.25  0.75%   
Bajaj Holdings financial indicator trend analysis is way more than just evaluating Bajaj Holdings Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Holdings Investment is a good investment. Please check the relationship between Bajaj Holdings Net Receivables and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Holdings Investment. 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 Receivables vs Good Will

Net Receivables vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Holdings Investment Net Receivables account and Good Will. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Bajaj Holdings' Net Receivables and Good Will is 0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will in the same time period over historical financial statements of Bajaj Holdings Investment, assuming nothing else is changed. The correlation between historical values of Bajaj Holdings' Net Receivables 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 Net Receivables of Bajaj Holdings Investment 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 Net Receivables i.e., Bajaj Holdings' Net Receivables and Good Will go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

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 Bajaj Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Holdings Investment 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 Holdings Investment. 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.
Selling General Administrative is expected to rise to about 768 M this year, although the value of Tax Provision will most likely fall to about 948.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit43.6B51.7B16.7B18.3B
Total Revenue43.7B51.9B17.1B19.9B

Bajaj Holdings fundamental ratios Correlations

-0.16-0.27-0.260.99-0.20.17-0.371.0-0.55-0.1-0.420.660.43-0.2-0.18-0.620.23-0.320.66-0.07-0.450.99-0.84-0.070.95
-0.160.970.97-0.250.970.67-0.05-0.180.3-0.120.9-0.550.390.96-0.05-0.090.860.78-0.55-0.790.81-0.15-0.16-0.02-0.1
-0.270.971.0-0.360.990.580.06-0.290.29-0.030.96-0.550.460.97-0.120.050.850.85-0.55-0.820.89-0.24-0.06-0.12-0.18
-0.260.971.0-0.350.990.570.06-0.290.28-0.030.96-0.550.470.98-0.120.050.860.85-0.54-0.820.89-0.23-0.06-0.13-0.18
0.99-0.25-0.36-0.35-0.30.11-0.371.0-0.6-0.11-0.490.70.37-0.3-0.13-0.570.13-0.40.710.01-0.530.98-0.8-0.030.92
-0.20.970.990.99-0.30.60.03-0.220.340.010.92-0.550.470.97-0.16-0.090.870.85-0.55-0.830.87-0.18-0.16-0.1-0.12
0.170.670.580.570.110.6-0.770.16-0.04-0.70.52-0.230.250.560.13-0.270.640.11-0.23-0.440.190.16-0.40.140.17
-0.37-0.050.060.06-0.370.03-0.77-0.380.290.820.09-0.160.010.07-0.210.32-0.120.52-0.15-0.080.45-0.360.43-0.22-0.33
1.0-0.18-0.29-0.291.0-0.220.16-0.38-0.56-0.11-0.440.670.41-0.22-0.17-0.610.21-0.340.68-0.04-0.480.99-0.83-0.070.95
-0.550.30.290.28-0.60.34-0.040.29-0.560.310.26-0.83-0.430.3-0.14-0.20.040.46-0.84-0.150.39-0.60.240.34-0.42
-0.1-0.12-0.03-0.03-0.110.01-0.70.82-0.110.31-0.11-0.010.08-0.01-0.36-0.09-0.090.46-0.01-0.040.25-0.080.06-0.21-0.04
-0.420.90.960.96-0.490.920.520.09-0.440.26-0.11-0.590.380.910.010.270.750.79-0.59-0.760.91-0.390.11-0.11-0.34
0.66-0.55-0.55-0.550.7-0.55-0.23-0.160.67-0.83-0.01-0.590.31-0.5-0.07-0.09-0.2-0.531.00.35-0.590.7-0.32-0.350.58
0.430.390.460.470.370.470.250.010.41-0.430.080.380.310.5-0.55-0.170.70.40.31-0.680.390.51-0.47-0.40.44
-0.20.960.970.98-0.30.970.560.07-0.220.3-0.010.91-0.50.5-0.24-0.040.890.84-0.5-0.780.87-0.17-0.06-0.17-0.09
-0.18-0.05-0.12-0.12-0.13-0.160.13-0.21-0.17-0.14-0.360.01-0.07-0.55-0.240.34-0.28-0.22-0.070.28-0.12-0.240.19-0.07-0.26
-0.62-0.090.050.05-0.57-0.09-0.270.32-0.61-0.2-0.090.27-0.09-0.17-0.040.34-0.260.01-0.090.190.21-0.590.77-0.19-0.63
0.230.860.850.860.130.870.64-0.120.210.04-0.090.75-0.20.70.89-0.28-0.260.69-0.2-0.830.670.26-0.43-0.250.34
-0.320.780.850.85-0.40.850.110.52-0.340.460.460.79-0.530.40.84-0.220.010.69-0.53-0.750.95-0.290.03-0.26-0.2
0.66-0.55-0.55-0.540.71-0.55-0.23-0.150.68-0.84-0.01-0.591.00.31-0.5-0.07-0.09-0.2-0.530.34-0.590.7-0.32-0.350.58
-0.07-0.79-0.82-0.820.01-0.83-0.44-0.08-0.04-0.15-0.04-0.760.35-0.68-0.780.280.19-0.83-0.750.34-0.77-0.080.410.03-0.09
-0.450.810.890.89-0.530.870.190.45-0.480.390.250.91-0.590.390.87-0.120.210.670.95-0.59-0.77-0.430.17-0.25-0.36
0.99-0.15-0.24-0.230.98-0.180.16-0.360.99-0.6-0.08-0.390.70.51-0.17-0.24-0.590.26-0.290.7-0.08-0.43-0.82-0.120.94
-0.84-0.16-0.06-0.06-0.8-0.16-0.40.43-0.830.240.060.11-0.32-0.47-0.060.190.77-0.430.03-0.320.410.17-0.82-0.15-0.78
-0.07-0.02-0.12-0.13-0.03-0.10.14-0.22-0.070.34-0.21-0.11-0.35-0.4-0.17-0.07-0.19-0.25-0.26-0.350.03-0.25-0.12-0.15-0.18
0.95-0.1-0.18-0.180.92-0.120.17-0.330.95-0.42-0.04-0.340.580.44-0.09-0.26-0.630.34-0.20.58-0.09-0.360.94-0.78-0.18
Click cells to compare fundamentals

Bajaj Holdings Account Relationship Matchups

Bajaj Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets327.7B454.9B535.9B531.9B651.6B684.2B
Short Long Term Debt Total2.0B1.7B1.4B1.3B625.7M594.4M
Other Current Liab650.2M610.1M646.3M725M342.3M325.2M
Total Current Liabilities700.1M642.5M689.7M742.8M757.6M719.7M
Total Stockholder Equity277.6B371.7B428.4B441.8B542.5B569.6B
Property Plant And Equipment Net1.9B1.6B1.3B1.0B733.5M696.8M
Net Debt723.7M1.1B917.6M670.1M86.1M81.8M
Cash954M225.1M219.3M257.8M539.1M512.1M
Non Current Assets Total318.0B446.9B527.6B523.7B648.7B681.2B
Non Currrent Assets Other(6.0B)(5.6B)(4.5B)(4.1B)(647.0B)(614.7B)
Cash And Short Term Investments5.6B4.6B3.6B3.2B3.0B3.7B
Net Receivables47M325.3M1.6B65.4M967.6M919.2M
Liabilities And Stockholders Equity327.7B454.9B535.9B531.9B651.6B684.2B
Non Current Liabilities Total1.7B1.4B1.1B927.9M21.1B22.2B
Inventory33.6M36M64.6M38M36.6M34.8M
Other Current Assets1.8B1.2B1.2B3.2B611M580.5M
Other Stockholder Equity(230.2B)(119.3B)(143.1B)(174.3B)4.4B4.2B
Total Liab4.7B13.7B20.1B16.3B21.9B18.8B
Total Current Assets7.4B6.2B6.5B6.5B4.5B4.3B
Accumulated Other Comprehensive Income(497.9M)242.4B275.4B258.6B297.8B312.7B
Short Term Investments262.6M9.5M510M500K575K603.8K
Accounts Payable49.9M32.4M43.4M17.8M27.8M26.4M
Retained Earnings84.7B123.7B147.6B178.7B239.2B251.1B
Good Will2.1B451.7M32.4M41.8M31.2M29.6M
Other Assets2.3B1.8B1.8B1.8B(1.7B)(1.6B)
Other Liab2.4B11.8B18.3B15.3B17.6B18.5B
Net Tangible Assets277.6B371.7B428.4B441.8B508.1B288.9B
Long Term Investments322.1B450.9B530.9B526.8B648.4B350.4B
Property Plant Equipment1.9B1.6B1.3B1.0B1.2B794.6M
Short Term Debt306.6M296.3M307.1M333M338M193.4M
Long Term Debt Total1.7B1.4B1.1B927.9M1.1B802.1M

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.

Other Information on Investing in Bajaj Stock

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