Bharat Other Current Assets vs Accounts Payable Analysis

BBL Stock   3,865  73.80  1.95%   
Bharat Bijlee financial indicator trend analysis is way more than just evaluating Bharat Bijlee Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bharat Bijlee Limited is a good investment. Please check the relationship between Bharat Bijlee Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bharat Bijlee 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 board of governors.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bharat Bijlee Limited Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between Bharat Bijlee's Other Current Assets and Accounts Payable is 0.08. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bharat Bijlee Limited, assuming nothing else is changed. The correlation between historical values of Bharat Bijlee's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Bharat Bijlee Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Bharat Bijlee's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Bharat Bijlee obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bharat Bijlee Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Bharat Bijlee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bharat Bijlee 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 Bharat Bijlee 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 1.9 B. The current year's Tax Provision is expected to grow to about 447.6 M
 2021 2022 2023 2024 (projected)
Gross Profit3.0B3.8B4.9B5.1B
Total Revenue12.5B14.2B18.7B19.7B

Bharat Bijlee fundamental ratios Correlations

0.530.750.711.00.630.510.840.650.190.980.040.850.43-0.720.820.760.06-0.560.780.750.39-0.54-0.520.890.61
0.53-0.070.90.470.461.00.080.56-0.390.42-0.260.030.630.10.020.76-0.360.020.830.78-0.090.090.130.120.98
0.75-0.070.210.780.39-0.110.850.360.610.830.150.94-0.04-0.90.930.320.34-0.610.340.240.52-0.67-0.840.90.03
0.710.90.210.660.730.890.350.84-0.20.6-0.20.290.66-0.090.260.91-0.12-0.150.980.930.210.06-0.120.350.88
1.00.470.780.660.610.450.870.610.210.990.070.870.4-0.750.850.720.08-0.580.740.710.4-0.56-0.540.910.56
0.630.460.390.730.610.450.570.85-0.150.560.010.40.41-0.20.380.790.21-0.250.770.760.530.02-0.30.440.41
0.511.0-0.110.890.450.450.060.54-0.450.4-0.260.00.660.12-0.010.74-0.380.030.80.77-0.120.10.160.10.98
0.840.080.850.350.870.570.060.470.360.870.120.910.17-0.820.90.480.39-0.690.470.470.66-0.61-0.530.920.16
0.650.560.360.840.610.850.540.47-0.030.56-0.080.420.55-0.230.320.790.08-0.160.840.830.340.0-0.340.430.53
0.19-0.390.61-0.20.21-0.15-0.450.36-0.030.280.140.52-0.51-0.510.56-0.10.38-0.23-0.09-0.20.3-0.39-0.620.37-0.31
0.980.420.830.60.990.560.40.870.560.280.110.910.32-0.790.880.660.07-0.590.690.630.4-0.59-0.610.930.51
0.04-0.260.15-0.20.070.01-0.260.12-0.080.140.110.16-0.38-0.120.22-0.120.110.18-0.13-0.160.21-0.09-0.320.13-0.26
0.850.030.940.290.870.40.00.910.420.520.910.160.13-0.930.940.380.19-0.670.410.350.42-0.69-0.740.980.15
0.430.63-0.040.660.40.410.660.170.55-0.510.32-0.380.13-0.06-0.060.43-0.33-0.340.570.64-0.09-0.010.250.220.64
-0.720.1-0.9-0.09-0.75-0.20.12-0.82-0.23-0.51-0.79-0.12-0.93-0.06-0.85-0.14-0.140.63-0.17-0.12-0.280.890.71-0.9-0.05
0.820.020.930.260.850.38-0.010.90.320.560.880.220.94-0.06-0.850.440.28-0.610.410.350.55-0.63-0.710.920.12
0.760.760.320.910.720.790.740.480.79-0.10.66-0.120.380.43-0.140.440.02-0.210.940.950.320.04-0.220.450.73
0.06-0.360.34-0.120.080.21-0.380.390.080.380.070.110.19-0.33-0.140.280.02-0.16-0.040.030.76-0.04-0.130.15-0.38
-0.560.02-0.61-0.15-0.58-0.250.03-0.69-0.16-0.23-0.590.18-0.67-0.340.63-0.61-0.21-0.16-0.23-0.25-0.350.450.27-0.68-0.06
0.780.830.340.980.740.770.80.470.84-0.090.69-0.130.410.57-0.170.410.94-0.04-0.230.940.330.04-0.220.460.8
0.750.780.240.930.710.760.770.470.83-0.20.63-0.160.350.64-0.120.350.950.03-0.250.940.30.04-0.060.430.76
0.39-0.090.520.210.40.53-0.120.660.340.30.40.210.42-0.09-0.280.550.320.76-0.350.330.3-0.08-0.30.42-0.12
-0.540.09-0.670.06-0.560.020.1-0.610.0-0.39-0.59-0.09-0.69-0.010.89-0.630.04-0.040.450.040.04-0.080.51-0.67-0.08
-0.520.13-0.84-0.12-0.54-0.30.16-0.53-0.34-0.62-0.61-0.32-0.740.250.71-0.71-0.22-0.130.27-0.22-0.06-0.30.51-0.670.04
0.890.120.90.350.910.440.10.920.430.370.930.130.980.22-0.90.920.450.15-0.680.460.430.42-0.67-0.670.23
0.610.980.030.880.560.410.980.160.53-0.310.51-0.260.150.64-0.050.120.73-0.38-0.060.80.76-0.12-0.080.040.23
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Bharat Bijlee Account Relationship Matchups

Bharat Bijlee fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.4B14.8B16.6B20.5B25.1B26.3B
Short Long Term Debt Total2.5B2.5B2.9B3.0B1.6B1.4B
Other Current Liab205.3M326.5M553.6M555.6M1.6B1.7B
Total Current Liabilities4.8B4.8B4.9B6.1B5.2B3.5B
Total Stockholder Equity7.6B9.7B11.2B13.8B18.7B19.6B
Property Plant And Equipment Net977.7M1.1B1.1B1.1B1.3B866.2M
Net Debt2.4B2.4B2.8B2.8B1.4B1.2B
Retained Earnings1.8B2.1B2.6B3.3B6.8B7.1B
Accounts Payable1.7B1.8B1.4B1.9B2.1B1.5B
Cash41.0M102.8M47.5M154M224.9M236.1M
Non Current Assets Total4.7B6.8B9.8B10.1B16.4B17.2B
Non Currrent Assets Other(4.5B)54M51.4M52.1M204.0M214.2M
Cash And Short Term Investments201.6M437.6M393.3M600.5M2.0B2.1B
Net Receivables5.5B2.4B3.5B4.0B3.8B3.4B
Liabilities And Stockholders Equity12.4B14.8B16.6B20.5B25.0B26.3B
Non Current Liabilities Total17.7M283.1M415.3M665.8M1.2B1.2B
Inventory2.0B2.6B2.2B3.2B2.7B1.4B
Other Current Assets14.1M207.6M201.4M274.5M544.1M308.4M
Other Stockholder Equity(4.3B)7.6B1.022K(6.8B)(6.4B)
Total Liab4.8B5.0B5.4B6.7B6.4B3.8B
Total Current Assets7.7B8.0B6.8B10.4B8.7B5.5B
Accumulated Other Comprehensive Income(343.5M)7.6B8.6B10.5B11.8B12.4B
Intangible Assets2.3M2.8M17.9M20.9M26.5M14.0M
Current Deferred Revenue489.7M143.2M203.2M201M(176.3M)(167.5M)
Short Term Investments160.6M334.8M345.8M446.5M1.5B1.6B
Short Term Debt2.5B2.4B2.8B2.9B1.5B1.9B
Other Liab16.6M213.5M343.4M601.6M691.8M726.4M
Net Tangible Assets7.6B9.7B11.2B13.8B15.8B16.6B
Other Assets203.3M172.1M156.5M52.1M39.6M37.6M
Short Long Term Debt2.5B2.4B2.8B2.9B1.5B2.2B
Property Plant Equipment972.7M1.0B1.1B1.1B1.2B981.8M
Long Term Debt Total1.1M69.6M71.8M64.2M73.8M77.5M
Net Invested Capital10.0B12.1B14.0B16.7B20.2B14.4B
Net Working Capital2.8B3.2B1.9B4.4B3.5B3.2B

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Other Information on Investing in Bharat Stock

Balance Sheet is a snapshot of the financial position of Bharat Bijlee Limited at a specified time, usually calculated after every quarter, six months, or one year. Bharat Bijlee Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bharat Bijlee 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 Bharat currently owns. An asset can also be divided into two categories, current and non-current.