Hindustan Common Stock vs Accounts Payable Analysis

HCC Stock   37.95  0.61  1.63%   
Hindustan Construction financial indicator trend analysis is much more than just examining Hindustan Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Construction is a good investment. Please check the relationship between Hindustan Construction Common Stock and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Construction. 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.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Construction Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hindustan Construction's Common Stock and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hindustan Construction, assuming nothing else is changed. The correlation between historical values of Hindustan Construction's Common Stock 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 Common Stock of Hindustan Construction 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 Common Stock i.e., Hindustan Construction's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Hindustan Construction 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 Hindustan Construction 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 Hindustan Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Construction 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 Hindustan Construction. 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 Tax Provision is expected to grow to about 2.6 B, whereas Selling General Administrative is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Interest Expense9.6B10.1B8.1B7.4B
Depreciation And Amortization1.4B1.3B1.1B2.0B

Hindustan Construction fundamental ratios Correlations

0.860.070.720.120.690.86-0.160.450.30.780.240.160.090.68-0.050.780.66-0.020.840.980.75-0.040.530.31-0.49
0.86-0.060.450.350.821.00.210.120.190.920.1-0.01-0.040.84-0.40.820.85-0.220.640.80.44-0.380.75-0.01-0.41
0.07-0.060.050.09-0.12-0.10.08-0.180.83-0.12-0.470.86-0.48-0.120.170.02-0.050.61-0.180.050.260.090.07-0.10.51
0.720.450.05-0.50.430.44-0.650.820.120.250.240.120.430.350.390.150.130.350.690.830.920.39-0.10.8-0.37
0.120.350.09-0.50.380.350.86-0.680.130.55-0.160.07-0.740.4-0.690.490.72-0.4-0.05-0.1-0.44-0.690.73-0.660.15
0.690.82-0.120.430.380.810.320.080.10.760.050.08-0.110.94-0.520.520.84-0.30.470.610.33-0.490.47-0.01-0.11
0.861.0-0.10.440.350.810.210.120.140.930.13-0.06-0.040.84-0.410.810.85-0.250.640.790.42-0.390.760.0-0.43
-0.160.210.08-0.650.860.320.21-0.880.110.34-0.40.07-0.740.36-0.850.240.57-0.38-0.42-0.35-0.63-0.870.59-0.770.39
0.450.12-0.180.82-0.680.080.12-0.88-0.16-0.020.48-0.070.710.00.64-0.01-0.210.210.690.610.780.71-0.40.78-0.45
0.30.190.830.120.130.10.140.11-0.160.15-0.40.87-0.280.130.060.30.170.36-0.070.260.31-0.010.25-0.240.26
0.780.92-0.120.250.550.760.930.34-0.020.150.29-0.01-0.190.76-0.410.860.9-0.390.580.670.21-0.410.82-0.17-0.35
0.240.1-0.470.24-0.160.050.13-0.40.48-0.40.29-0.220.3-0.010.420.19-0.01-0.310.470.290.080.39-0.150.29-0.25
0.16-0.010.860.120.070.08-0.060.07-0.070.87-0.01-0.22-0.380.010.170.070.030.41-0.140.140.270.09-0.04-0.130.6
0.09-0.04-0.480.43-0.74-0.11-0.04-0.740.71-0.28-0.190.3-0.38-0.120.48-0.12-0.41-0.060.390.260.390.59-0.450.41-0.58
0.680.84-0.120.350.40.940.840.360.00.130.76-0.010.01-0.12-0.590.590.84-0.360.420.590.29-0.550.55-0.09-0.2
-0.05-0.40.170.39-0.69-0.52-0.41-0.850.640.06-0.410.420.170.48-0.59-0.33-0.640.520.210.110.40.96-0.570.57-0.11
0.780.820.020.150.490.520.810.24-0.010.30.860.190.07-0.120.59-0.330.73-0.330.610.680.28-0.310.79-0.24-0.43
0.660.85-0.050.130.720.840.850.57-0.210.170.9-0.010.03-0.410.84-0.640.73-0.330.380.510.11-0.620.84-0.24-0.18
-0.02-0.220.610.35-0.4-0.3-0.25-0.380.210.36-0.39-0.310.41-0.06-0.360.52-0.33-0.33-0.090.070.450.41-0.260.510.26
0.840.64-0.180.69-0.050.470.64-0.420.69-0.070.580.47-0.140.390.420.210.610.38-0.090.850.720.290.260.45-0.67
0.980.80.050.83-0.10.610.79-0.350.610.260.670.290.140.260.590.110.680.510.070.850.840.120.370.46-0.52
0.750.440.260.92-0.440.330.42-0.630.780.310.210.080.270.390.290.40.280.110.450.720.840.43-0.040.69-0.36
-0.04-0.380.090.39-0.69-0.49-0.39-0.870.71-0.01-0.410.390.090.59-0.550.96-0.31-0.620.410.290.120.43-0.570.54-0.21
0.530.750.07-0.10.730.470.760.59-0.40.250.82-0.15-0.04-0.450.55-0.570.790.84-0.260.260.37-0.04-0.57-0.42-0.29
0.31-0.01-0.10.8-0.66-0.010.0-0.770.78-0.24-0.170.29-0.130.41-0.090.57-0.24-0.240.510.450.460.690.54-0.42-0.28
-0.49-0.410.51-0.370.15-0.11-0.430.39-0.450.26-0.35-0.250.6-0.58-0.2-0.11-0.43-0.180.26-0.67-0.52-0.36-0.21-0.29-0.28
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Hindustan Construction Account Relationship Matchups

Hindustan Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets121.7B127.8B142.0B131.8B90.6B128.3B
Short Long Term Debt Total42.5B47.8B44.7B55.1B22.2B21.1B
Other Current Liab702.9M16.7B56.5B15.6B14.3B12.7B
Total Current Liabilities95.9B107.7B118.7B70.2B59.0B72.4B
Total Stockholder Equity(7.6B)(13.2B)(7.8B)(7.1B)(1.7B)(1.6B)
Property Plant And Equipment Net8.8B8.0B6.6B5.5B3.8B3.6B
Net Debt39.8B41.3B37.5B49.3B18.2B17.3B
Retained Earnings(36.3B)(42.2B)(37.4B)(36.2B)(32.9B)(31.3B)
Accounts Payable29.7B30.5B30.6B29.9B24.7B24.0B
Cash2.8B6.4B7.2B5.8B4.0B5.2B
Non Current Assets Total49.6B23.7B20.2B55.5B22.3B21.2B
Non Currrent Assets Other31.7B3.4B5.0B40.7B15.4B11.2B
Cash And Short Term Investments3.5B7.5B17.0B12.5B5.1B7.1B
Net Receivables63.8B83.7B(928.9M)56.2B56.2B34.2B
Liabilities And Stockholders Equity121.7B127.8B142.0B131.8B90.6B128.3B
Non Current Liabilities Total33.3B33.2B31.1B68.7B33.3B53.3B
Inventory4.7B4.8B4.8B4.9B4.4B4.1B
Other Current Assets136.7M87.0B100.8B3.6B2.6B2.5B
Other Stockholder Equity33.0B27.5B29.3B29.5B28.3B27.9B
Total Liab129.3B141.0B149.8B138.9B92.3B125.7B
Total Current Assets72.1B104.0B121.7B76.3B68.3B79.3B
Accumulated Other Comprehensive Income(7.0B)995.9M1.1B1.1B1.4B1.5B
Intangible Assets635.2M641.4M625.4M721M640.9M608.9M
Current Deferred Revenue41.7B45.1B57.0B14.7B15.5B30.5B
Short Term Investments745.6M1.1B9.8B6.7B1.0B983.8M
Short Term Debt23.9B31.5B6.4B4.7B4.5B4.3B
Other Liab13.3B14.7B17.0B17.1B19.7B20.7B
Net Tangible Assets(10.6B)(8.3B)(13.9B)(8.5B)(9.8B)(10.3B)
Other Assets200K10.9B2.4K7.8B7.1B7.7B
Long Term Debt15.9B14.1B11.8B48.5B16.7B32.7B
Short Long Term Debt23.9B20.5B6.1B4.4B4.4B4.2B
Property Plant Equipment8.8B8.0B6.5B5.5B4.9B4.7B
Long Term Debt Total15.9B16.2B14.0B50.4B45.3B27.4B
Cash And Equivalents8.8M6.7M2.1B165.2M148.7M141.2M
Capital Lease Obligations2.8B2.4B2.3B2.2B1.1B1.7B

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Other Information on Investing in Hindustan Stock

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