EID Short Long Term Debt Total vs Accounts Payable Analysis

EIDPARRY   857.65  9.05  1.04%   
EID Parry financial indicator trend analysis is much more than just examining EID Parry India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EID Parry India is a good investment. Please check the relationship between EID Parry Short Long Term Debt Total and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EID Parry India. 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.

Short Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EID Parry India Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between EID Parry's Short Long Term Debt Total and Accounts Payable is -0.09. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of EID Parry India, assuming nothing else is changed. The correlation between historical values of EID Parry's Short Long Term Debt Total 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 Short Long Term Debt Total of EID Parry India 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 Short Long Term Debt Total i.e., EID Parry's Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents EID Parry 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 EID Parry India 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 EID Parry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EID Parry India 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 EID Parry India. 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.
As of 11/29/2024, Selling General Administrative is likely to drop to about 1 B. In addition to that, Tax Provision is likely to drop to about 4.7 B
 2021 2022 2023 2024 (projected)
Interest Expense1.3B3.0B3.0B2.7B
Depreciation And Amortization3.3B3.8B4.2B2.4B

EID Parry fundamental ratios Correlations

0.070.480.820.670.930.32-0.030.370.780.520.92-0.090.430.1-0.140.950.310.190.790.990.190.390.250.17-0.04
0.070.40.53-0.40.110.090.94-0.31-0.09-0.440.020.28-0.34-0.070.55-0.080.23-0.080.650.090.9-0.340.27-0.370.3
0.480.40.630.060.370.460.39-0.130.210.030.380.19-0.130.170.020.470.02-0.010.630.50.44-0.190.41-0.28-0.05
0.820.530.630.280.690.470.47-0.030.590.090.630.070.070.13-0.080.770.50.030.980.860.670.080.25-0.11-0.15
0.67-0.40.060.280.66-0.02-0.620.820.890.660.68-0.230.87-0.48-0.270.690.230.110.240.64-0.440.720.080.680.07
0.930.110.370.690.660.18-0.010.450.680.520.98-0.070.430.030.150.820.110.210.720.870.130.350.380.140.18
0.320.090.460.47-0.020.180.22-0.560.07-0.240.130.02-0.430.37-0.440.370.120.140.370.380.4-0.420.3-0.49-0.62
-0.030.940.390.47-0.62-0.010.22-0.57-0.32-0.59-0.10.3-0.610.230.48-0.150.13-0.110.550.00.94-0.50.24-0.560.13
0.37-0.31-0.13-0.030.820.45-0.56-0.570.670.640.49-0.120.95-0.620.090.340.080.050.020.31-0.560.82-0.060.830.5
0.78-0.090.210.590.890.680.07-0.320.670.490.67-0.090.79-0.46-0.30.780.510.040.550.79-0.10.680.050.62-0.04
0.52-0.440.030.090.660.52-0.24-0.590.640.490.65-0.210.62-0.04-0.110.48-0.050.460.070.45-0.480.370.00.290.27
0.920.020.380.630.680.980.13-0.10.490.670.65-0.10.450.050.130.820.060.340.660.850.040.330.350.130.2
-0.090.280.190.07-0.23-0.070.020.3-0.12-0.09-0.21-0.1-0.140.050.14-0.18-0.130.010.1-0.090.13-0.090.27-0.090.09
0.43-0.34-0.130.070.870.43-0.43-0.610.950.790.620.45-0.14-0.63-0.120.410.28-0.040.070.4-0.520.89-0.130.90.34
0.1-0.070.170.13-0.480.030.370.23-0.62-0.46-0.040.050.05-0.63-0.130.13-0.220.160.060.110.23-0.440.0-0.63-0.35
-0.140.550.02-0.08-0.270.15-0.440.480.09-0.3-0.110.130.14-0.12-0.13-0.36-0.340.110.13-0.240.26-0.160.3-0.170.79
0.95-0.080.470.770.690.820.37-0.150.340.780.480.82-0.180.410.13-0.360.360.110.690.970.090.40.120.2-0.24
0.310.230.020.50.230.110.120.130.080.51-0.050.06-0.130.28-0.22-0.340.36-0.080.440.40.320.37-0.60.32-0.11
0.19-0.08-0.010.030.110.210.14-0.110.050.040.460.340.01-0.040.160.110.11-0.080.050.12-0.11-0.25-0.01-0.30.19
0.790.650.630.980.240.720.370.550.020.550.070.660.10.070.060.130.690.440.050.810.710.060.31-0.120.02
0.990.090.50.860.640.870.380.00.310.790.450.85-0.090.40.11-0.240.970.40.120.810.240.390.20.18-0.13
0.190.90.440.67-0.440.130.40.94-0.56-0.1-0.480.040.13-0.520.230.260.090.32-0.110.710.24-0.450.22-0.54-0.05
0.39-0.34-0.190.080.720.35-0.42-0.50.820.680.370.33-0.090.89-0.44-0.160.40.37-0.250.060.39-0.45-0.280.950.24
0.250.270.410.250.080.380.30.24-0.060.050.00.350.27-0.130.00.30.12-0.6-0.010.310.20.22-0.28-0.28-0.01
0.17-0.37-0.28-0.110.680.14-0.49-0.560.830.620.290.13-0.090.9-0.63-0.170.20.32-0.3-0.120.18-0.540.95-0.280.24
-0.040.3-0.05-0.150.070.18-0.620.130.5-0.040.270.20.090.34-0.350.79-0.24-0.110.190.02-0.13-0.050.24-0.010.24
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EID Parry Account Relationship Matchups

EID Parry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets150.2B132.6B159.4B187.8B214.9B123.2B
Short Long Term Debt Total43.5B12.3B12.6B16.2B17.4B32.8B
Other Current Liab5.4B5.0B7.8B8.5B6.4B4.5B
Total Current Liabilities85.9B57.4B71.1B84.7B93.3B62.6B
Total Stockholder Equity35.2B45.8B53.3B60.8B70.6B74.1B
Property Plant And Equipment Net38.6B37.3B38.8B42.9B49.8B32.9B
Current Deferred Revenue12.5B10.1B13.0B7.2B113.9M108.2M
Net Debt42.4B5.0B4.8B1.8B5.7B5.4B
Retained Earnings2.8B14.3B21.6B30.1B62.0B65.1B
Accounts Payable39.7B39.3B49.7B64.3B76.0B79.8B
Cash1.1B7.3B7.8B14.4B11.7B6.1B
Non Current Assets Total45.8B43.9B51.0B61.9B63.0B40.2B
Non Currrent Assets Other1.6B1.9B44.9M1.8B1.7B1.6B
Cash And Short Term Investments2.4B9.0B9.9B16.6B35.5B37.3B
Common Stock Shares Outstanding177.0M177.1M177.3M177.5M177.6M141.3M
Liabilities And Stockholders Equity150.2B132.6B159.4B187.8B214.9B123.2B
Non Current Liabilities Total12.1B6.9B7.4B7.7B9.5B11.5B
Inventory43.5B40.7B53.6B61.9B69.5B35.2B
Other Current Assets4.2B5.1B8.2B6.3B28.6B30.0B
Other Stockholder Equity4.6B4.7B29.3B29.4B5.0B4.8B
Total Liab98.0B64.3B78.4B92.4B102.8B78.3B
Total Current Assets104.5B88.7B108.4B125.9B151.9B83.0B
Accumulated Other Comprehensive Income(20.7B)26.6B26.6B25.5B3.4B3.6B
Short Term Debt40.3B12.7B12.8B11.3B11.0B10.4B
Net Receivables55.2B35.2B28.1B42.9B18.3B28.6B
Short Term Investments1.3B1.7B2.2B2.2B23.8B25.0B
Good Will314.3M159.7M159.9M167.5M3.0B3.2B
Intangible Assets398.9M366.7M404.8M427.3M757.7M399.0M
Other Liab1.8B2.1B2.5B2.6B2.4B1.8B
Net Tangible Assets34.5B45.3B52.7B60.3B69.3B37.8B
Other Assets2.6B2.2B6.6B190.4M1.00.95
Long Term Debt6.1B794.2M794M1.1B2.0B1.9B
Short Long Term Debt33.0B5.0B7.4B10.8B10.6B17.3B
Property Plant Equipment38.5B37.0B38.4B42.9B49.3B39.2B
Long Term Debt Total10.3B4.8B4.8B5.1B4.6B5.2B
Capital Surpluse4.6B4.7B4.8B5.0B5.8B5.1B
Cash And Equivalents255.4M6.1B6.4B13.1B15.0B15.8B

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