Bajaj Intangible Assets vs Short Long Term Debt Total Analysis

BAJFINANCE   6,618  67.45  1.01%   
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 Intangible Assets and its Short Long Term Debt Total 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.

Intangible Assets vs Short Long Term Debt Total

Intangible Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Finance Limited Intangible Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bajaj Finance's Intangible Assets and Short Long Term Debt Total is 0.96. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Short Long Term Debt Total 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 Intangible Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Bajaj Finance Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Bajaj Finance's Intangible Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Short Long Term Debt Total

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 Profit159.5B219.1B75.9B57.4B
Total Revenue201.5B269.5B316.3B332.1B

Bajaj Finance fundamental ratios Correlations

0.98-0.240.781.00.991.00.640.920.78-0.090.850.540.710.99-0.50.221.00.740.66-0.90.970.810.990.980.85
0.98-0.240.640.970.970.980.590.940.64-0.050.740.60.560.97-0.60.050.980.620.73-0.80.980.70.960.920.84
-0.24-0.24-0.17-0.26-0.26-0.22-0.38-0.28-0.16-0.92-0.22-0.01-0.06-0.180.430.11-0.23-0.20.080.15-0.26-0.16-0.24-0.23-0.62
0.780.64-0.170.790.80.770.570.621.0-0.150.970.150.990.76-0.080.620.780.940.22-0.960.670.930.810.890.63
1.00.97-0.260.791.00.990.640.930.79-0.070.860.520.710.98-0.510.241.00.760.65-0.90.970.810.990.980.87
0.990.97-0.260.81.00.990.610.930.8-0.060.870.50.730.97-0.520.220.990.770.61-0.90.950.820.990.980.87
1.00.98-0.220.770.990.990.640.910.77-0.10.840.570.70.99-0.490.191.00.720.69-0.890.970.80.980.970.83
0.640.59-0.380.570.640.610.640.560.570.070.580.510.50.70.010.50.640.50.41-0.650.580.630.630.640.56
0.920.94-0.280.620.930.930.910.560.620.010.750.490.530.88-0.70.150.910.630.55-0.750.90.730.930.890.9
0.780.64-0.161.00.790.80.770.570.62-0.150.970.150.990.76-0.080.620.780.940.22-0.960.670.930.810.890.63
-0.09-0.05-0.92-0.15-0.07-0.06-0.10.070.01-0.15-0.1-0.16-0.25-0.16-0.39-0.31-0.1-0.05-0.30.19-0.03-0.15-0.08-0.10.37
0.850.74-0.220.970.860.870.840.580.750.97-0.10.20.950.82-0.250.550.850.930.32-0.970.770.940.880.940.75
0.540.6-0.010.150.520.50.570.510.490.15-0.160.20.10.61-0.23-0.070.540.090.65-0.320.560.30.450.40.31
0.710.56-0.060.990.710.730.70.50.530.99-0.250.950.10.70.030.670.710.910.18-0.930.590.910.740.830.52
0.990.97-0.180.760.980.970.990.70.880.76-0.160.820.610.7-0.410.240.990.70.71-0.890.950.80.960.950.78
-0.5-0.60.43-0.08-0.51-0.52-0.490.01-0.7-0.08-0.39-0.25-0.230.03-0.410.41-0.49-0.18-0.310.18-0.58-0.21-0.5-0.41-0.73
0.220.050.110.620.240.220.190.50.150.62-0.310.55-0.070.670.240.410.210.58-0.14-0.530.10.530.280.370.15
1.00.98-0.230.781.00.991.00.640.910.78-0.10.850.540.710.99-0.490.210.740.67-0.90.970.810.990.970.84
0.740.62-0.20.940.760.770.720.50.630.94-0.050.930.090.910.7-0.180.580.740.15-0.90.670.870.780.850.67
0.660.730.080.220.650.610.690.410.550.22-0.30.320.650.180.71-0.31-0.140.670.15-0.450.750.250.580.520.39
-0.9-0.80.15-0.96-0.9-0.9-0.89-0.65-0.75-0.960.19-0.97-0.32-0.93-0.890.18-0.53-0.9-0.9-0.45-0.81-0.92-0.91-0.96-0.71
0.970.98-0.260.670.970.950.970.580.90.67-0.030.770.560.590.95-0.580.10.970.670.75-0.810.70.930.910.85
0.810.7-0.160.930.810.820.80.630.730.93-0.150.940.30.910.8-0.210.530.810.870.25-0.920.70.830.890.66
0.990.96-0.240.810.990.990.980.630.930.81-0.080.880.450.740.96-0.50.280.990.780.58-0.910.930.830.990.87
0.980.92-0.230.890.980.980.970.640.890.89-0.10.940.40.830.95-0.410.370.970.850.52-0.960.910.890.990.84
0.850.84-0.620.630.870.870.830.560.90.630.370.750.310.520.78-0.730.150.840.670.39-0.710.850.660.870.84
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Bajaj Finance Account Relationship Matchups

Bajaj Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T1.7T2.1T2.8T3.8T3.9T
Short Long Term Debt Total1.3T1.3T1.9T2.3T2.3T2.4T
Other Current Liab(7.6B)(8.9B)(11.7B)(14.5B)(21.7B)(20.6B)
Total Current Liabilities7.6B8.9B11.7B14.5B2.3T2.4T
Total Stockholder Equity323.3B369.2B437.1B543.7B767.0B805.3B
Property Plant And Equipment Net11.0B10.5B13.0B16.9B23.8B25.0B
Net Debt1.1T1.0T1.3T1.7T2.2T2.3T
Accounts Payable7.6B8.9B11.7B14.5B20.6B21.7B
Cash14.3B22.6B37.9B43.0B40.3B42.4B
Non Current Assets Total13.2B13.7B17.5B23.9B3.8T4.0T
Non Currrent Assets Other(13.2B)(13.7B)(17.5B)(23.9B)(133.2B)(126.5B)
Cash And Short Term Investments13.8B18.5B33.8B15.5B106.2B111.6B
Common Stock Shares Outstanding591.0M605.5M607.0M607.0M612.4M514.0M
Short Term Investments(444.6M)(4.1B)(4.0B)(27.5B)223.1B234.3B
Liabilities And Stockholders Equity1.6T1.7T2.1T2.8T3.8T3.9T
Non Current Liabilities Total769.5B773.5B832.5B1.1T1.5T1.6T
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)145.9B153.2B
Total Liab1.3T1.3T1.7T2.2T3.0T3.1T
Total Current Assets13.8B18.5B33.8B15.5B123.6B129.8B
Accumulated Other Comprehensive Income(5.4B)55.8B71.2B95.9B129.1B135.5B
Common Stock1.2B1.2B1.2B1.2B1.2B935.9M
Current Deferred Revenue(307.4B)(276.7B)(501.2B)(567.9B)(2.3T)(2.2T)
Net Receivables9.5B11.1B15.0B13.0B17.3B18.2B
Short Term Debt315.1B285.7B512.9B582.4B2.3T2.4T
Intangible Assets2.2B3.1B4.5B6.9B9.1B9.5B
Retained Earnings107.5B142.4B192.5B272.2B490.8B515.3B
Inventory160.3B556.7B725.0B808.7B930.0B976.5B
Other Assets1.6T1.7T2.1T2.7T(183.5B)(174.3B)
Other Liab1.6B2.4B2.0B19.3B22.2B23.3B
Net Tangible Assets195.3B321.0B366.0B432.6B497.5B522.3B
Long Term Debt1.0T1.1T1.3T1.7T2.0T2.1T
Long Term Investments179.3B189.3B130.9B237.2B323.4B339.6B
Property Plant Equipment11.0B10.5B13.0B16.9B19.4B20.4B
Long Term Debt Total1.0T971.0B1.3T1.7T2.0T1.1T
Capital Surpluse168.4B169.8B172.2B174.4B200.6B139.4B
Cash And Equivalents13.4B18.5B34.1B43.0B49.5B52.0B
Net Invested Capital1.4T1.4T1.8T2.3T3.1T1.9T
Capital Stock1.2B1.2B1.2B1.2B1.2B1.3B

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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.