Deepak Accounts Payable vs Total Assets Analysis

DEEPAKFERT   1,375  22.30  1.65%   
Deepak Fertilizers financial indicator trend analysis is much more than just examining Deepak Fertilizers and latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Deepak Fertilizers and is a good investment. Please check the relationship between Deepak Fertilizers Accounts Payable and its Total Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Fertilizers and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Deepak Fertilizers and Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Deepak Fertilizers' Accounts Payable and Total Assets is 0.77. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Deepak Fertilizers and, assuming nothing else is changed. The correlation between historical values of Deepak Fertilizers' Accounts Payable 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 Accounts Payable of Deepak Fertilizers and 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 Accounts Payable i.e., Deepak Fertilizers' Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Deepak Fertilizers 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 Deepak Fertilizers and 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.

Total Assets

Total assets refers to the total amount of Deepak Fertilizers 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 Deepak Fertilizers and 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 Deepak Fertilizers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Deepak Fertilizers and 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deepak Fertilizers and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current Selling General Administrative is estimated to decrease to about 951.1 M. The current Tax Provision is estimated to decrease to about 1.9 B
 2021 2022 2023 2024 (projected)
Gross Profit14.3B36.3B26.3B14.3B
Total Revenue65.7B113.0B86.8B91.1B

Deepak Fertilizers fundamental ratios Correlations

0.950.350.620.960.990.940.970.770.630.990.610.690.410.80.630.940.980.55-0.10.980.960.790.770.530.05
0.950.410.80.830.91.00.860.760.530.910.720.560.320.610.510.810.930.56-0.270.990.960.690.590.72-0.12
0.350.410.420.20.350.420.230.630.110.360.40.110.190.070.10.410.370.52-0.80.460.310.020.10.26-0.83
0.620.80.420.420.510.810.460.710.360.530.810.440.120.320.420.390.660.23-0.390.750.760.320.330.88-0.21
0.960.830.20.420.970.821.00.650.640.970.440.70.420.880.630.940.940.50.110.880.890.840.850.360.21
0.990.90.350.510.970.890.980.740.611.00.530.670.460.830.610.970.950.61-0.090.940.890.790.80.390.06
0.941.00.420.810.820.890.850.760.50.90.730.550.320.60.50.80.920.55-0.290.980.950.660.580.72-0.13
0.970.860.230.461.00.980.850.660.630.980.470.670.440.860.610.940.950.530.050.90.90.840.830.390.17
0.770.760.630.710.650.740.760.660.580.770.810.760.550.660.720.770.770.41-0.460.820.730.440.620.48-0.17
0.630.530.110.360.640.610.50.630.580.610.250.610.320.680.450.650.630.310.180.580.630.850.660.40.25
0.990.910.360.530.971.00.90.980.770.610.570.690.490.830.630.970.960.6-0.120.950.90.780.790.410.05
0.610.720.40.810.440.530.730.470.810.250.570.630.480.40.650.490.610.23-0.490.710.640.190.350.56-0.12
0.690.560.110.440.70.670.550.670.760.610.690.630.50.840.980.690.710.050.110.640.660.490.750.250.43
0.410.320.190.120.420.460.320.440.550.320.490.480.50.590.490.540.360.38-0.270.370.230.260.57-0.150.07
0.80.610.070.320.880.830.60.860.660.680.830.40.840.590.780.830.790.290.230.690.70.720.980.160.43
0.630.510.10.420.630.610.50.610.720.450.630.650.980.490.780.630.65-0.020.090.590.590.360.690.190.42
0.940.810.410.390.940.970.80.940.770.650.970.490.690.540.830.630.890.62-0.130.880.810.760.790.280.03
0.980.930.370.660.940.950.920.950.770.630.960.610.710.360.790.650.890.48-0.070.970.970.770.750.570.05
0.550.560.520.230.50.610.550.530.410.310.60.230.050.380.29-0.020.620.48-0.490.570.420.470.320.16-0.42
-0.1-0.27-0.8-0.390.11-0.09-0.290.05-0.460.18-0.12-0.490.11-0.270.230.09-0.13-0.07-0.49-0.26-0.050.240.21-0.180.82
0.980.990.460.750.880.940.980.90.820.580.950.710.640.370.690.590.880.970.57-0.260.960.710.660.64-0.09
0.960.960.310.760.890.890.950.90.730.630.90.640.660.230.70.590.810.970.42-0.050.960.760.670.730.04
0.790.690.020.320.840.790.660.840.440.850.780.190.490.260.720.360.760.770.470.240.710.760.690.390.28
0.770.590.10.330.850.80.580.830.620.660.790.350.750.570.980.690.790.750.320.210.660.670.690.160.36
0.530.720.260.880.360.390.720.390.480.40.410.560.25-0.150.160.190.280.570.16-0.180.640.730.390.16-0.18
0.05-0.12-0.83-0.210.210.06-0.130.17-0.170.250.05-0.120.430.070.430.420.030.05-0.420.82-0.090.040.280.36-0.18
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Deepak Fertilizers Account Relationship Matchups

Deepak Fertilizers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets69.3B71.4B87.4B114.2B118.3B124.2B
Short Long Term Debt Total30.2B25.9B26.6B37.0B41.5B43.6B
Other Current Liab12.0B3.4B4.9B5.5B6.3B4.1B
Total Current Liabilities25.0B19.8B22.4B28.2B30.5B16.5B
Total Stockholder Equity21.8B27.0B38.8B50.7B54.1B56.8B
Property Plant And Equipment Net39.3B41.4B49.7B59.2B68.7B72.1B
Net Debt28.6B24.2B25.0B34.2B39.2B41.2B
Retained Earnings17.2B20.5B26.3B37.3B39.9B41.9B
Accounts Payable12.9B13.0B14.2B17.8B12.8B6.6B
Cash1.6B1.7B1.6B2.8B2.3B1.5B
Non Current Assets Total45.3B47.3B57.1B70.4B76.7B80.6B
Non Currrent Assets Other4.9B4.8B6.3B6.0B3.3B2.5B
Cash And Short Term Investments2.6B6.9B11.6B11.8B6.3B4.2B
Good Will409.3M436.8M439.9M434.7M432.7M284.1M
Common Stock Shares Outstanding91.5M104.9M117.8M123.9M126.2M106.2M
Short Term Investments1.0B5.2B10.0B9.0B4.0B2.7B
Liabilities And Stockholders Equity69.3B71.4B87.4B114.2B118.3B124.2B
Non Current Liabilities Total22.1B23.6B25.0B34.1B33.3B35.0B
Inventory6.8B6.4B10.4B12.6B12.5B13.1B
Other Current Assets14.6B1.5B1.7B2.8B8.2B8.6B
Other Stockholder Equity(19.9B)3.0B8.9B9.9B9.9B10.4B
Total Liab47.1B43.4B47.4B62.3B63.8B67.0B
Total Current Assets24.1B24.1B30.4B43.8B41.6B43.7B
Accumulated Other Comprehensive Income(7.1B)2.5B2.5B2.2B3.0B3.2B
Intangible Assets188.7M197.5M194.9M376.9M375.1M393.9M
Common Stock892.8M1.0B1.2B1.3B1.5B1.0B
Net Receivables12.8B9.4B6.3B17.7B14.8B12.7B
Current Deferred Revenue(8.6B)2.9B5.5B5.1B315.6M331.4M
Short Term Debt8.6B3.4B2.8B4.1B10.1B10.0B
Other Liab585.7M1.1B1.2B1.3B1.1B811.0M
Net Tangible Assets20.6B21.2B26.4B38.2B43.9B23.3B
Other Assets5.4B5.3B6.7B5.1B1.00.95
Long Term Debt20.8B21.9B23.2B32.3B30.6B17.2B
Short Long Term Debt8.4B1.1B2.6B3.8B9.8B7.1B
Property Plant Equipment39.3B41.4B49.7B59.2B68.1B35.7B
Long Term Debt Total21.5B22.5B23.8B32.9B37.8B39.7B
Capital Surpluse1.4B3.0B8.9B9.9B11.4B12.0B
Cash And Equivalents1.3B572.2M78M1.3B1.5B1.5B
Net Invested Capital51.1B50.0B64.7B86.8B94.5B71.7B

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Other Information on Investing in Deepak Stock

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