Bajaj Retained Earnings vs Total Assets 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 Retained Earnings and its Total Assets 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bajaj Finance Limited Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Bajaj Finance's Retained Earnings and Total Assets is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets 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 Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Bajaj Finance Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Bajaj Finance's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Bajaj Finance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bajaj Finance Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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

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	0.71	0.99	-0.5	0.22	1.0	0.74	0.66	-0.9	0.97	0.81	0.99	0.98	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	0.56	0.97	-0.6	0.05	0.98	0.62	0.73	-0.8	0.98	0.7	0.96	0.92	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	-0.06	-0.18	0.43	0.11	-0.23	-0.2	0.08	0.15	-0.26	-0.16	-0.24	-0.23	-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	0.99	0.76	-0.08	0.62	0.78	0.94	0.22	-0.96	0.67	0.93	0.81	0.89	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	0.71	0.98	-0.51	0.24	1.0	0.76	0.65	-0.9	0.97	0.81	0.99	0.98	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	0.73	0.97	-0.52	0.22	0.99	0.77	0.61	-0.9	0.95	0.82	0.99	0.98	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	0.7	0.99	-0.49	0.19	1.0	0.72	0.69	-0.89	0.97	0.8	0.98	0.97	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	0.5	0.7	0.01	0.5	0.64	0.5	0.41	-0.65	0.58	0.63	0.63	0.64	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	0.53	0.88	-0.7	0.15	0.91	0.63	0.55	-0.75	0.9	0.73	0.93	0.89	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	0.99	0.76	-0.08	0.62	0.78	0.94	0.22	-0.96	0.67	0.93	0.81	0.89	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	-0.25	-0.16	-0.39	-0.31	-0.1	-0.05	-0.3	0.19	-0.03	-0.15	-0.08	-0.1	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	0.95	0.82	-0.25	0.55	0.85	0.93	0.32	-0.97	0.77	0.94	0.88	0.94	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		0.1	0.61	-0.23	-0.07	0.54	0.09	0.65	-0.32	0.56	0.3	0.45	0.4	0.31
Short Term Investments	0.71	0.56	-0.06	0.99	0.71	0.73	0.7	0.5	0.53	0.99	-0.25	0.95	0.1		0.7	0.03	0.67	0.71	0.91	0.18	-0.93	0.59	0.91	0.74	0.83	0.52
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	0.7		-0.41	0.24	0.99	0.7	0.71	-0.89	0.95	0.8	0.96	0.95	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	0.03	-0.41		0.41	-0.49	-0.18	-0.31	0.18	-0.58	-0.21	-0.5	-0.41	-0.73
Other Stockholder Equity	0.22	0.05	0.11	0.62	0.24	0.22	0.19	0.5	0.15	0.62	-0.31	0.55	-0.07	0.67	0.24	0.41		0.21	0.58	-0.14	-0.53	0.1	0.53	0.28	0.37	0.15
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	0.71	0.99	-0.49	0.21		0.74	0.67	-0.9	0.97	0.81	0.99	0.97	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	0.91	0.7	-0.18	0.58	0.74		0.15	-0.9	0.67	0.87	0.78	0.85	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	0.18	0.71	-0.31	-0.14	0.67	0.15		-0.45	0.75	0.25	0.58	0.52	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	-0.93	-0.89	0.18	-0.53	-0.9	-0.9	-0.45		-0.81	-0.92	-0.91	-0.96	-0.71
Net Receivables	0.97	0.98	-0.26	0.67	0.97	0.95	0.97	0.58	0.9	0.67	-0.03	0.77	0.56	0.59	0.95	-0.58	0.1	0.97	0.67	0.75	-0.81		0.7	0.93	0.91	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	0.91	0.8	-0.21	0.53	0.81	0.87	0.25	-0.92	0.7		0.83	0.89	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	0.74	0.96	-0.5	0.28	0.99	0.78	0.58	-0.91	0.93	0.83		0.99	0.87
Retained Earnings	0.98	0.92	-0.23	0.89	0.98	0.98	0.97	0.64	0.89	0.89	-0.1	0.94	0.4	0.83	0.95	-0.41	0.37	0.97	0.85	0.52	-0.96	0.91	0.89	0.99		0.84
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	0.52	0.78	-0.73	0.15	0.84	0.67	0.39	-0.71	0.85	0.66	0.87	0.84

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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)	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.

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Bajaj Retained Earnings vs Total Assets Analysis

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Assets

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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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
Retained Earnings	- 0.96	Current Deferred Revenue
Current Deferred Revenue	- 0.96	Non Current Assets Total
Current Deferred Revenue	- 0.96	Total Current Liabilities
Current Deferred Revenue	- 0.93	Short Term Investments
Short Term Debt	- 0.92	Current Deferred Revenue