Bhagiradha Reconciled Depreciation vs Interest Income Analysis

BHAGCHEM   282.35  0.60  0.21%   
Bhagiradha Chemicals financial indicator trend analysis is way more than just evaluating Bhagiradha Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bhagiradha Chemicals is a good investment. Please check the relationship between Bhagiradha Chemicals Reconciled Depreciation and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Reconciled Depreciation vs Interest Income

Reconciled Depreciation vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bhagiradha Chemicals Reconciled Depreciation account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bhagiradha Chemicals' Reconciled Depreciation and Interest Income is 0.79. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Interest Income in the same time period over historical financial statements of Bhagiradha Chemicals Industries, assuming nothing else is changed. The correlation between historical values of Bhagiradha Chemicals' Reconciled Depreciation and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Bhagiradha Chemicals Industries are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Reconciled Depreciation i.e., Bhagiradha Chemicals' Reconciled Depreciation and Interest Income go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Reconciled Depreciation

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Bhagiradha Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bhagiradha Chemicals 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 Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Bhagiradha Chemicals' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense49.8M76.9M88.4M50.1M
Depreciation And Amortization98.1M109.8M126.3M132.6M

Bhagiradha Chemicals fundamental ratios Correlations

0.450.630.470.990.990.310.970.460.860.990.890.890.00.840.85-0.030.970.60.980.390.780.880.810.940.9
0.450.40.870.320.390.980.360.750.140.40.220.21-0.150.320.61-0.280.270.880.490.950.390.370.290.280.39
0.630.40.590.580.640.320.530.450.570.650.530.530.110.220.66-0.440.580.550.60.410.580.370.510.610.39
0.470.870.590.330.390.820.330.950.230.40.220.24-0.10.190.71-0.280.30.970.550.840.470.370.460.310.3
0.990.320.580.330.990.180.990.330.880.990.910.90.040.850.770.010.990.480.950.250.790.880.790.950.91
0.990.390.640.390.990.260.980.360.851.00.90.880.020.830.78-0.040.980.520.940.320.790.850.740.940.89
0.310.980.320.820.180.260.230.7-0.030.260.070.06-0.190.210.51-0.30.130.810.360.950.260.270.160.130.27
0.970.360.530.330.990.980.230.320.820.980.870.840.050.850.74-0.030.970.480.930.290.780.910.730.90.95
0.460.750.450.950.330.360.70.320.220.360.20.24-0.150.250.7-0.120.30.940.570.680.440.420.510.30.26
0.860.140.570.230.880.85-0.030.820.220.850.940.960.140.690.70.030.910.340.840.130.60.670.810.950.77
0.990.40.650.40.991.00.260.980.360.850.90.880.020.830.79-0.040.980.530.940.330.80.850.750.950.89
0.890.220.530.220.910.90.070.870.20.940.90.980.090.80.660.040.930.350.860.180.580.740.750.970.81
0.890.210.530.240.90.880.060.840.240.960.880.980.080.790.720.070.920.370.860.180.550.680.770.980.78
0.0-0.150.11-0.10.040.02-0.190.05-0.150.140.020.090.08-0.14-0.14-0.230.03-0.14-0.01-0.090.00.08-0.030.040.05
0.840.320.220.190.850.830.210.850.250.690.830.80.79-0.140.670.330.850.40.830.190.560.770.580.790.83
0.850.610.660.710.770.780.510.740.70.70.790.660.72-0.140.67-0.110.750.770.890.570.590.620.720.750.7
-0.03-0.28-0.44-0.280.01-0.04-0.3-0.03-0.120.03-0.040.040.07-0.230.33-0.110.04-0.15-0.02-0.320.010.030.120.050.0
0.970.270.580.30.990.980.130.970.30.910.980.930.920.030.850.750.040.440.940.20.770.860.810.970.88
0.60.880.550.970.480.520.810.480.940.340.530.350.37-0.140.40.77-0.150.440.660.80.590.50.520.440.45
0.980.490.60.550.950.940.360.930.570.840.940.860.86-0.010.830.89-0.020.940.660.440.730.880.850.910.88
0.390.950.410.840.250.320.950.290.680.130.330.180.18-0.090.190.57-0.320.20.80.440.260.310.310.240.36
0.780.390.580.470.790.790.260.780.440.60.80.580.550.00.560.590.010.770.590.730.260.740.670.690.68
0.880.370.370.370.880.850.270.910.420.670.850.740.680.080.770.620.030.860.50.880.310.740.770.760.89
0.810.290.510.460.790.740.160.730.510.810.750.750.77-0.030.580.720.120.810.520.850.310.670.770.820.68
0.940.280.610.310.950.940.130.90.30.950.950.970.980.040.790.750.050.970.440.910.240.690.760.820.81
0.90.390.390.30.910.890.270.950.260.770.890.810.780.050.830.70.00.880.450.880.360.680.890.680.81
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Bhagiradha Chemicals Account Relationship Matchups

Bhagiradha Chemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.7B3.4B4.5B5.8B6.6B7.0B
Short Long Term Debt Total624.1M807.7M502.0M616.4M708.8M509.9M
Other Current Liab57.7M68.1M85.2M155.2M178.4M187.4M
Total Current Liabilities951.4M1.3B1.0B1.3B1.4B917.2M
Total Stockholder Equity1.6B1.9B3.1B4.1B4.8B5.0B
Property Plant And Equipment Net1.5B1.6B2.1B2.9B3.3B3.5B
Net Debt620.9M785.7M472.6M517.1M594.7M473.7M
Retained Earnings830.8M1.2B1.6B1.7B2.0B2.1B
Accounts Payable463.1M545.9M588.2M652.5M750.4M459.8M
Cash3.3M22.0M29.4M99.2M89.3M93.8M
Non Current Assets Total1.6B1.7B2.2B3.0B3.4B3.6B
Non Currrent Assets Other28.2M66.4M58.4M385.0M442.7M464.9M
Cash And Short Term Investments5.9M22.0M29.4M484.2M556.9M584.7M
Liabilities And Stockholders Equity2.7B3.4B4.5B5.8B6.6B7.0B
Non Current Liabilities Total223.6M194.8M329.1M368.1M423.3M444.5M
Inventory503.8M679.3M913.2M1.1B1.3B1.3B
Other Current Assets31.9M52.3M73.9M115.4M103.8M68.4M
Other Stockholder Equity643.0M645.8M1.4B2.3B2.6B2.8B
Total Liab1.2B1.5B1.3B1.6B1.9B1.1B
Total Current Assets1.1B1.7B2.3B2.8B3.2B3.4B
Short Term Debt429.8M705.3M334.1M444.9M511.6M455.3M
Net Receivables598.0M985.6M1.3B1.1B1.2B1.3B
Accumulated Other Comprehensive Income100.4M93.1M82.1M935.7M1.1B1.1B
Intangible Assets4.4M5.3M4.9M22.4M25.8M27.0M
Other Liab17.3M24.9M29.3M92.4M106.2M111.5M
Net Tangible Assets1.3B1.3B1.6B1.9B2.2B1.6B
Other Assets65.8M(1.0)43.8M1K900.0855.0
Short Term Investments2.6M10.1M61K385.0M442.7M464.9M
Property Plant Equipment1.1B1.4B1.5B1.6B1.9B1.4B
Long Term Debt278.2M100.3M165.7M169.4M194.8M156.7M
Net Invested Capital2.3B2.7B3.6B4.8B5.5B3.1B
Short Long Term Debt429.6M705.1M334.0M444.8M511.5M490.4M
Net Working Capital189.7M412.6M1.3B1.5B1.8B1.9B
Property Plant And Equipment Gross2.1B2.3B2.0B2.8B3.2B2.5B

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Other Information on Investing in Bhagiradha Stock

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