Hatsun Total Current Liabilities vs Net Receivables Analysis

HATSUN Stock   1,056  11.85  1.14%   
Hatsun Agro financial indicator trend analysis is much more than just examining Hatsun Agro Product latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hatsun Agro Product is a good investment. Please check the relationship between Hatsun Agro Total Current Liabilities and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hatsun Agro Product. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Total Current Liabilities vs Net Receivables

Total Current Liabilities vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hatsun Agro Product Total Current Liabilities account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hatsun Agro's Total Current Liabilities and Net Receivables is -0.39. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Hatsun Agro Product, assuming nothing else is changed. The correlation between historical values of Hatsun Agro's Total Current Liabilities and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Hatsun Agro Product are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Current Liabilities i.e., Hatsun Agro's Total Current Liabilities and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Hatsun Agro balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hatsun Agro Product are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Receivables

Most indicators from Hatsun Agro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hatsun Agro Product 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hatsun Agro Product. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
As of November 25, 2024, Selling General Administrative is expected to decline to about 275.9 M. In addition to that, Tax Provision is expected to decline to about 685.3 M
 2021 2022 2023 2024 (projected)
Interest Expense1.1B1.3B1.5B1.6B
Depreciation And Amortization3.1B3.6B4.1B4.3B

Hatsun Agro fundamental ratios Correlations

0.990.330.970.980.990.990.660.990.70.720.990.910.390.590.990.930.830.37-0.440.420.060.990.760.870.79
0.990.280.980.950.961.00.650.970.670.730.980.930.420.581.00.960.80.43-0.460.370.060.980.740.870.75
0.330.280.240.380.40.280.330.390.330.140.370.160.02-0.380.30.160.31-0.23-0.240.26-0.750.240.140.270.56
0.970.980.240.910.940.980.70.950.680.690.940.910.410.610.990.940.790.36-0.390.360.140.960.790.890.72
0.980.950.380.910.980.950.60.980.690.710.980.880.310.590.950.890.840.35-0.420.460.020.970.710.820.83
0.990.960.40.940.980.960.671.00.740.650.980.840.420.520.980.870.870.26-0.460.50.040.970.760.860.84
0.991.00.280.980.950.960.640.970.660.730.980.930.420.571.00.960.80.43-0.460.380.060.980.740.870.75
0.660.650.330.70.60.670.640.670.940.170.630.520.390.410.680.570.710.09-0.10.06-0.060.640.880.760.56
0.990.970.390.950.981.00.970.670.740.650.990.840.430.530.980.870.870.27-0.460.490.040.970.760.860.84
0.70.670.330.680.690.740.660.940.740.180.690.490.40.440.70.550.770.06-0.20.130.00.690.890.730.63
0.720.730.140.690.710.650.730.170.650.180.710.820.050.520.710.810.270.59-0.270.21-0.050.730.350.350.32
0.990.980.370.940.980.980.980.630.990.690.710.890.420.530.980.910.820.39-0.50.420.00.980.720.840.79
0.910.930.160.910.880.840.930.520.840.490.820.890.190.670.921.00.650.62-0.350.190.060.920.630.770.59
0.390.420.020.410.310.420.420.390.430.40.050.420.190.020.420.250.450.11-0.660.480.20.380.240.450.4
0.590.58-0.380.610.590.520.570.410.530.440.520.530.670.020.580.680.470.510.070.090.550.650.610.470.24
0.991.00.30.990.950.981.00.680.980.70.710.980.920.420.580.940.820.38-0.440.390.080.980.770.880.76
0.930.960.160.940.890.870.960.570.870.550.810.911.00.250.680.940.690.59-0.350.210.090.940.680.80.61
0.830.80.310.790.840.870.80.710.870.770.270.820.650.450.470.820.690.09-0.430.540.20.840.720.930.9
0.370.43-0.230.360.350.260.430.090.270.060.590.390.620.110.510.380.590.09-0.34-0.20.00.420.120.20.02
-0.44-0.46-0.24-0.39-0.42-0.46-0.46-0.1-0.46-0.2-0.27-0.5-0.35-0.660.07-0.44-0.35-0.43-0.34-0.48-0.03-0.450.02-0.39-0.52
0.420.370.260.360.460.50.380.060.490.130.210.420.190.480.090.390.210.54-0.2-0.480.260.420.020.380.65
0.060.06-0.750.140.020.040.06-0.060.040.0-0.050.00.060.20.550.080.090.20.0-0.030.260.140.130.16-0.05
0.990.980.240.960.970.970.980.640.970.690.730.980.920.380.650.980.940.840.42-0.450.420.140.750.860.76
0.760.740.140.790.710.760.740.880.760.890.350.720.630.240.610.770.680.720.120.020.020.130.750.760.5
0.870.870.270.890.820.860.870.760.860.730.350.840.770.450.470.880.80.930.2-0.390.380.160.860.760.82
0.790.750.560.720.830.840.750.560.840.630.320.790.590.40.240.760.610.90.02-0.520.65-0.050.760.50.82
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Hatsun Agro Account Relationship Matchups

Hatsun Agro fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.1B31.2B35.4B37.5B47.3B49.7B
Short Long Term Debt Total14.3B16.2B19.4B17.9B27.0B28.3B
Other Current Liab8.2B2.4B2.6B2.0B2.4B1.7B
Total Current Liabilities9.6B13.4B14.2B11.9B18.4B19.3B
Total Stockholder Equity9.0B10.2B11.1B14.4B15.7B16.5B
Property Plant And Equipment Net21.5B23.3B26.4B28.6B30.2B31.7B
Net Debt13.9B15.9B19.0B17.6B26.5B27.8B
Cash406.9M340.7M371.1M371.1M507.3M273.2M
Non Current Assets Total22.2B24.0B27.4B29.9B31.4B33.0B
Cash And Short Term Investments437.4M377.6M379.3M619.6M516.7M294.0M
Common Stock Shares Outstanding220.1M219.6M219.6M220.1M222.7M239.8M
Liabilities And Stockholders Equity27.1B31.2B35.4B37.5B47.3B49.7B
Non Current Liabilities Total8.5B7.6B10.1B11.2B13.2B13.9B
Inventory3.7B5.7B6.1B5.8B14.5B15.2B
Other Current Assets805.9M1.0B1.4B908.1M764.4M696.4M
Other Stockholder Equity9.5B(3.1B)5.9B8.8B10.1B10.6B
Total Liab18.1B21.0B24.3B23.1B31.6B33.2B
Total Current Assets5.0B7.2B8.0B7.6B15.9B16.7B
Accumulated Other Comprehensive Income(4.1B)(6.7B)511.2M513.8M590.9M620.5M
Common Stock159.8M161.7M215.6M222.8M256.2M155.2M
Non Currrent Assets Other(14K)(2K)(4K)203.9M829.0M870.4M
Net Receivables161.2M90.7M77.8M78.0M100.6M95.5M
Intangible Assets46.9M75.0M83.0M55.2M42.3M52.9M
Current Deferred Revenue(6.5B)2.2B2.2B1.8B99.1M94.2M
Retained Earnings2.5B3.6B4.5B4.9B6.2B6.5B
Accounts Payable1.4B1.4B1.5B1.8B1.9B1.6B
Short Term Debt6.5B9.4B9.9B7.5B14.2B7.2B
Other Liab403.0M651.0M811.4M659.0M757.8M480.9M
Net Tangible Assets7.9B8.9B10.1B10.9B12.6B13.2B
Other Assets4K1.1B772.2M819.1M941.9M644.9M
Long Term Debt6.1B5.4B7.8B7.8B9.6B5.8B
Short Long Term Debt5.8B5.7B9.2B6.7B13.2B6.7B
Property Plant Equipment21.0B23.0B26.3B28.6B32.8B17.5B
Short Term Investments30.5M36.8M8.1M248.5M9.5M9.0M
Long Term Debt Total7.9B6.8B9.5B10.4B12.0B7.0B
Capital Surpluse4.8B5.9B5.9B8.8B10.1B10.6B

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Other Information on Investing in Hatsun Stock

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