Bajaj Common Stock vs Net Debt Analysis

BAJFINANCE

6,576 66.50 1.02%

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

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Finance Limited Common Stock account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Bajaj Finance's Common Stock and Net Debt is 0.69. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Bajaj Finance Limited, assuming nothing else is changed. The correlation between historical values of Bajaj Finance's Common Stock and Net Debt 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 Finance Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock i.e., Bajaj Finance's Common Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Common Stock

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.

Most indicators from Bajaj Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Finance Limited 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 Finance 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 gross domestic product.

At present, Bajaj Finance's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 98.3 B, whereas Tax Provision is forecasted to decline to about 24.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	159.5B	219.1B	75.9B	57.4B
Total Revenue	201.5B	269.5B	343.3B	360.4B

Gross Profit Total Revenue

Bajaj Finance 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	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Net Receivables	Short Term Debt	Intangible Assets	Retained Earnings	Inventory
Total Assets		0.98	-0.24	0.78	1.0	0.99	1.0	0.64	0.92	0.78	-0.09	0.85	0.54	0.49	0.99	-0.5	0.44	1.0	0.74	0.66	-0.9	0.98	0.81	0.99	0.99	0.85
Short Long Term Debt Total	0.98		-0.24	0.64	0.97	0.97	0.98	0.59	0.94	0.64	-0.05	0.74	0.6	0.32	0.97	-0.6	0.27	0.98	0.62	0.73	-0.8	0.96	0.7	0.96	0.96	0.84
Other Current Liab	-0.24	-0.24		-0.17	-0.26	-0.26	-0.22	-0.38	-0.28	-0.16	-0.92	-0.22	-0.01	0.19	-0.18	0.43	0.02	-0.23	-0.2	0.08	0.15	-0.26	-0.16	-0.24	-0.24	-0.62
Total Current Liabilities	0.78	0.64	-0.17		0.79	0.8	0.77	0.57	0.62	1.0	-0.15	0.97	0.15	0.88	0.76	-0.08	0.82	0.78	0.94	0.22	-0.96	0.8	0.93	0.81	0.81	0.63
Total Stockholder Equity	1.0	0.97	-0.26	0.79		1.0	0.99	0.64	0.93	0.79	-0.07	0.86	0.52	0.49	0.98	-0.51	0.46	1.0	0.76	0.65	-0.9	0.98	0.81	0.99	0.99	0.87
Property Plant And Equipment Net	0.99	0.97	-0.26	0.8	1.0		0.99	0.61	0.93	0.8	-0.06	0.87	0.5	0.51	0.97	-0.52	0.45	0.99	0.77	0.61	-0.9	0.98	0.82	0.99	0.99	0.87
Net Debt	1.0	0.98	-0.22	0.77	0.99	0.99		0.64	0.91	0.77	-0.1	0.84	0.57	0.48	0.99	-0.49	0.42	1.0	0.72	0.69	-0.89	0.98	0.8	0.98	0.99	0.83
Accounts Payable	0.64	0.59	-0.38	0.57	0.64	0.61	0.64		0.56	0.57	0.07	0.58	0.51	0.33	0.7	0.01	0.57	0.64	0.5	0.41	-0.65	0.61	0.63	0.63	0.63	0.56
Cash	0.92	0.94	-0.28	0.62	0.93	0.93	0.91	0.56		0.62	0.01	0.75	0.49	0.29	0.88	-0.7	0.33	0.91	0.63	0.55	-0.75	0.88	0.73	0.93	0.93	0.9
Non Current Assets Total	0.78	0.64	-0.16	1.0	0.79	0.8	0.77	0.57	0.62		-0.15	0.97	0.15	0.88	0.76	-0.08	0.82	0.78	0.94	0.22	-0.96	0.8	0.93	0.81	0.81	0.63
Non Currrent Assets Other	-0.09	-0.05	-0.92	-0.15	-0.07	-0.06	-0.1	0.07	0.01	-0.15		-0.1	-0.16	-0.45	-0.16	-0.39	-0.28	-0.1	-0.05	-0.3	0.19	-0.06	-0.15	-0.08	-0.08	0.37
Cash And Short Term Investments	0.85	0.74	-0.22	0.97	0.86	0.87	0.84	0.58	0.75	0.97	-0.1		0.2	0.82	0.82	-0.25	0.76	0.85	0.93	0.32	-0.97	0.88	0.94	0.88	0.88	0.75
Common Stock Shares Outstanding	0.54	0.6	-0.01	0.15	0.52	0.5	0.57	0.51	0.49	0.15	-0.16	0.2		-0.02	0.61	-0.23	0.0	0.54	0.09	0.65	-0.32	0.5	0.3	0.45	0.47	0.31
Short Term Investments	0.49	0.32	0.19	0.88	0.49	0.51	0.48	0.33	0.29	0.88	-0.45	0.82	-0.02		0.49	0.26	0.85	0.49	0.79	0.06	-0.79	0.53	0.79	0.51	0.52	0.23
Non Current Liabilities Total	0.99	0.97	-0.18	0.76	0.98	0.97	0.99	0.7	0.88	0.76	-0.16	0.82	0.61	0.49		-0.41	0.45	0.99	0.7	0.71	-0.89	0.96	0.8	0.96	0.97	0.78
Other Current Assets	-0.5	-0.6	0.43	-0.08	-0.51	-0.52	-0.49	0.01	-0.7	-0.08	-0.39	-0.25	-0.23	0.26	-0.41		0.27	-0.49	-0.18	-0.31	0.18	-0.49	-0.21	-0.5	-0.5	-0.73
Other Stockholder Equity	0.44	0.27	0.02	0.82	0.46	0.45	0.42	0.57	0.33	0.82	-0.28	0.76	0.0	0.85	0.45	0.27		0.44	0.76	-0.02	-0.74	0.47	0.73	0.5	0.5	0.34
Total Liab	1.0	0.98	-0.23	0.78	1.0	0.99	1.0	0.64	0.91	0.78	-0.1	0.85	0.54	0.49	0.99	-0.49	0.44		0.74	0.67	-0.9	0.98	0.81	0.99	0.99	0.84
Total Current Assets	0.74	0.62	-0.2	0.94	0.76	0.77	0.72	0.5	0.63	0.94	-0.05	0.93	0.09	0.79	0.7	-0.18	0.76	0.74		0.15	-0.9	0.78	0.87	0.78	0.78	0.67
Common Stock	0.66	0.73	0.08	0.22	0.65	0.61	0.69	0.41	0.55	0.22	-0.3	0.32	0.65	0.06	0.71	-0.31	-0.02	0.67	0.15		-0.45	0.66	0.25	0.58	0.6	0.39
Current Deferred Revenue	-0.9	-0.8	0.15	-0.96	-0.9	-0.9	-0.89	-0.65	-0.75	-0.96	0.19	-0.97	-0.32	-0.79	-0.89	0.18	-0.74	-0.9	-0.9	-0.45		-0.91	-0.92	-0.91	-0.92	-0.71
Net Receivables	0.98	0.96	-0.26	0.8	0.98	0.98	0.98	0.61	0.88	0.8	-0.06	0.88	0.5	0.53	0.96	-0.49	0.47	0.98	0.78	0.66	-0.91		0.8	0.96	0.97	0.85
Short Term Debt	0.81	0.7	-0.16	0.93	0.81	0.82	0.8	0.63	0.73	0.93	-0.15	0.94	0.3	0.79	0.8	-0.21	0.73	0.81	0.87	0.25	-0.92	0.8		0.83	0.83	0.66
Intangible Assets	0.99	0.96	-0.24	0.81	0.99	0.99	0.98	0.63	0.93	0.81	-0.08	0.88	0.45	0.51	0.96	-0.5	0.5	0.99	0.78	0.58	-0.91	0.96	0.83		1.0	0.87
Retained Earnings	0.99	0.96	-0.24	0.81	0.99	0.99	0.99	0.63	0.93	0.81	-0.08	0.88	0.47	0.52	0.97	-0.5	0.5	0.99	0.78	0.6	-0.92	0.97	0.83	1.0		0.87
Inventory	0.85	0.84	-0.62	0.63	0.87	0.87	0.83	0.56	0.9	0.63	0.37	0.75	0.31	0.23	0.78	-0.73	0.34	0.84	0.67	0.39	-0.71	0.85	0.66	0.87	0.87

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Bajaj Finance Account Relationship Matchups

Bajaj Finance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6T	1.7T	2.1T	2.8T	3.8T	3.9T
Short Long Term Debt Total	1.3T	1.3T	1.9T	2.3T	2.3T	2.4T
Other Current Liab	(7.6B)	(8.9B)	(11.7B)	(14.5B)	(21.7B)	(20.6B)
Total Current Liabilities	7.6B	8.9B	11.7B	14.5B	2.3T	2.4T
Total Stockholder Equity	323.3B	369.2B	437.1B	543.7B	767.0B	805.3B
Property Plant And Equipment Net	11.0B	10.5B	13.0B	16.9B	23.8B	25.0B
Net Debt	1.1T	1.0T	1.3T	1.7T	2.2T	2.3T
Accounts Payable	7.6B	8.9B	11.7B	14.5B	20.6B	21.7B
Cash	14.3B	22.6B	37.9B	43.0B	40.3B	42.4B
Non Current Assets Total	13.2B	13.7B	17.5B	23.9B	3.8T	4.0T
Non Currrent Assets Other	(13.2B)	(13.7B)	(17.5B)	(23.9B)	(133.2B)	(126.5B)
Cash And Short Term Investments	13.8B	18.5B	33.8B	15.5B	106.2B	111.6B
Common Stock Shares Outstanding	591.0M	605.5M	607.0M	607.0M	612.4M	514.0M
Short Term Investments	(444.6M)	(4.1B)	(4.0B)	(27.5B)	65.1B	68.3B
Liabilities And Stockholders Equity	1.6T	1.7T	2.1T	2.8T	3.8T	3.9T
Non Current Liabilities Total	769.5B	773.5B	832.5B	1.1T	1.5T	1.6T
Other Current Assets	(169.9B)	(567.8B)	(739.9B)	(821.7B)	(123.6B)	(117.4B)
Other Stockholder Equity	(153.6B)	27.4B	(20.3B)	(97.8B)	265.8B	279.1B
Total Liab	1.3T	1.3T	1.7T	2.2T	3.0T	3.1T
Total Current Assets	13.8B	18.5B	33.8B	15.5B	123.6B	129.8B
Accumulated Other Comprehensive Income	(5.4B)	55.8B	71.2B	95.9B	129.1B	135.5B
Common Stock	1.2B	1.2B	1.2B	1.2B	1.2B	935.9M
Current Deferred Revenue	(307.4B)	(276.7B)	(501.2B)	(567.9B)	(2.3T)	(2.2T)
Net Receivables	9.5B	11.1B	15.0B	13.0B	22.9B	24.0B
Short Term Debt	315.1B	285.7B	512.9B	582.4B	2.3T	2.4T
Intangible Assets	2.2B	3.1B	4.5B	6.9B	9.1B	9.5B
Retained Earnings	107.5B	142.4B	192.5B	272.2B	370.8B	389.3B
Inventory	160.3B	556.7B	725.0B	808.7B	930.0B	976.5B
Other Assets	1.6T	1.7T	2.1T	2.7T	(183.5B)	(174.3B)
Other Liab	1.6B	2.4B	2.0B	19.3B	22.2B	23.3B
Net Tangible Assets	195.3B	321.0B	366.0B	432.6B	497.5B	522.3B
Long Term Debt	1.0T	1.1T	1.3T	1.7T	2.0T	2.1T
Long Term Investments	179.3B	189.3B	130.9B	237.2B	323.4B	339.6B
Property Plant Equipment	11.0B	10.5B	13.0B	16.9B	19.4B	20.4B
Long Term Debt Total	1.0T	971.0B	1.3T	1.7T	2.0T	1.1T
Capital Surpluse	168.4B	169.8B	172.2B	174.4B	200.6B	139.4B
Cash And Equivalents	13.4B	18.5B	34.1B	43.0B	49.5B	52.0B
Net Invested Capital	1.4T	1.4T	1.8T	2.3T	3.1T	1.9T
Capital Stock	1.2B	1.2B	1.2B	1.2B	1.2B	1.3B

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Other Information on Investing in Bajaj Stock

Balance Sheet is a snapshot of the financial position of Bajaj Finance Limited at a specified time, usually calculated after every quarter, six months, or one year. Bajaj Finance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bajaj Finance 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 Common Stock vs Net Debt Analysis

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock

Net Debt

Bajaj Finance fundamental ratios Correlations

Bajaj Finance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bajaj Finance fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Total Stockholder Equity

Current Deferred Revenue	- 0.97	Cash And Short Term Investments
Current Deferred Revenue	- 0.96	Non Current Assets Total
Current Deferred Revenue	- 0.96	Total Current Liabilities
Retained Earnings	- 0.92	Current Deferred Revenue
Short Term Debt	- 0.92	Current Deferred Revenue
Non Currrent Assets Other	- 0.92	Other Current Liab