Bajaj Net Receivables vs Short Term Debt 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 Net Receivables and its Short Term 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.
Net Receivables vs Short Term Debt
Net Receivables vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Finance Limited Net Receivables account and Short Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bajaj Finance's Net Receivables and Short Term Debt is 0.7. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Short Term 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 Net Receivables and Short Term 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 Net Receivables of Bajaj Finance Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Net Receivables i.e., Bajaj Finance's Net Receivables and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Short Term Debt
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 | 316.3B | 332.1B |
Bajaj Finance fundamental ratios Correlations
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Bajaj Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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) | 223.1B | 234.3B | |
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) | 145.9B | 153.2B | |
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 | 17.3B | 18.2B | |
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 | 490.8B | 515.3B | |
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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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.