HDFC Other Stockholder Equity vs Accounts Payable Analysis

HDFCLIFE   688.20  13.80  2.05%   
HDFC Life financial indicator trend analysis is much more than just examining HDFC Life Insurance latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HDFC Life Insurance is a good investment. Please check the relationship between HDFC Life Other Stockholder Equity and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Life Insurance Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between HDFC Life's Other Stockholder Equity and Accounts Payable is -0.52. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of HDFC Life Insurance, assuming nothing else is changed. The correlation between historical values of HDFC Life's Other Stockholder Equity 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 Other Stockholder Equity of HDFC Life Insurance 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 Other Stockholder Equity i.e., HDFC Life's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents HDFC Life 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 HDFC Life Insurance 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 HDFC Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HDFC Life Insurance 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 HDFC Life Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 3.8 B. The current Tax Provision is estimated to decrease to about (46.3 M)
 2021 2022 2023 2024 (projected)
Gross Profit674.4B702.0B1.0T1.1T
Total Revenue674.4B702.0B1.0T1.1T

HDFC Life fundamental ratios Correlations

0.330.630.960.76-0.060.90.720.830.440.560.50.390.630.5-0.62-0.081.00.130.920.731.00.890.80.890.78
0.330.880.260.34-0.220.49-0.070.380.970.92-0.57-0.180.80.97-0.370.590.330.070.350.70.30.60.770.580.55
0.630.880.540.53-0.370.790.40.680.950.94-0.240.210.880.97-0.670.30.640.20.650.830.60.840.910.840.74
0.960.260.540.66-0.020.880.660.790.350.510.570.40.580.42-0.53-0.170.960.070.830.730.970.840.760.860.66
0.760.340.530.660.160.70.470.460.430.450.360.050.70.45-0.510.30.760.090.750.730.750.780.730.750.87
-0.06-0.22-0.37-0.020.16-0.14-0.35-0.58-0.32-0.230.24-0.52-0.06-0.30.50.26-0.06-0.4-0.22-0.07-0.03-0.1-0.1-0.13-0.16
0.90.490.790.880.7-0.140.720.760.590.740.40.440.810.66-0.7-0.060.90.080.790.890.90.980.910.980.71
0.72-0.070.40.660.47-0.350.720.710.140.210.610.790.290.17-0.71-0.520.720.280.70.410.710.620.440.640.51
0.830.380.680.790.46-0.580.760.710.510.570.240.610.490.55-0.73-0.20.830.340.820.580.820.720.670.750.67
0.440.970.950.350.43-0.320.590.140.510.91-0.490.00.830.99-0.520.520.450.230.510.750.410.690.830.680.66
0.560.920.940.510.45-0.230.740.210.570.91-0.260.030.880.95-0.520.320.56-0.070.480.820.540.80.890.780.62
0.5-0.57-0.240.570.360.240.40.610.24-0.49-0.260.45-0.04-0.42-0.14-0.590.49-0.130.340.140.530.280.070.30.08
0.39-0.180.210.40.05-0.520.440.790.610.00.030.450.050.02-0.48-0.620.390.490.420.170.40.320.180.350.13
0.630.80.880.580.7-0.060.810.290.490.830.88-0.040.050.87-0.560.460.630.10.590.970.610.90.950.880.67
0.50.970.970.420.45-0.30.660.170.550.990.95-0.420.020.87-0.540.460.50.140.520.790.460.750.870.740.67
-0.62-0.37-0.67-0.53-0.510.5-0.7-0.71-0.73-0.52-0.52-0.14-0.48-0.56-0.540.01-0.63-0.35-0.61-0.57-0.61-0.69-0.62-0.7-0.59
-0.080.590.3-0.170.30.26-0.06-0.52-0.20.520.32-0.59-0.620.460.460.01-0.070.210.040.29-0.090.130.30.090.23
1.00.330.640.960.76-0.060.90.720.830.450.560.490.390.630.5-0.63-0.070.130.920.731.00.890.80.890.79
0.130.070.20.070.09-0.40.080.280.340.23-0.07-0.130.490.10.14-0.350.210.130.360.110.110.110.130.120.16
0.920.350.650.830.75-0.220.790.70.820.510.480.340.420.590.52-0.610.040.920.360.680.90.80.750.820.83
0.730.70.830.730.73-0.070.890.410.580.750.820.140.170.970.79-0.570.290.730.110.680.720.940.970.940.68
1.00.30.60.970.75-0.030.90.710.820.410.540.530.40.610.46-0.61-0.091.00.110.90.720.880.790.880.76
0.890.60.840.840.78-0.10.980.620.720.690.80.280.320.90.75-0.690.130.890.110.80.940.880.971.00.77
0.80.770.910.760.73-0.10.910.440.670.830.890.070.180.950.87-0.620.30.80.130.750.970.790.970.960.77
0.890.580.840.860.75-0.130.980.640.750.680.780.30.350.880.74-0.70.090.890.120.820.940.881.00.960.75
0.780.550.740.660.87-0.160.710.510.670.660.620.080.130.670.67-0.590.230.790.160.830.680.760.770.770.75
Click cells to compare fundamentals

HDFC Life Account Relationship Matchups

HDFC Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.8T2.3T2.5T3.0T1.5T
Other Current Liab(20.9B)(25.6B)(22.0B)(15.6B)78.7B82.6B
Total Current Liabilities20.9B25.6B22.0B15.6B97.3B102.2B
Total Stockholder Equity68.1B86.4B156.1B129.9B146.7B77.0B
Property Plant And Equipment Net3.0B3.0B3.1B3.8B3.4B3.4B
Net Debt(12.6B)(6.9B)(11.6B)(2.2B)(12.3B)(12.9B)
Retained Earnings45.6B59.2B68.4B70.8B82.4B86.5B
Accounts Payable20.9B25.6B22.0B15.6B16.3B15.6B
Cash12.6B12.9B17.6B11.7B21.8B13.8B
Non Current Assets Total3.3B3.4B59.8B3.8B3.0T3.2T
Non Currrent Assets Other(3.3B)(3.4B)(59.8B)(3.8B)1.1T1.1T
Other Assets1.3T1.8T2.2T2.5T(49K)(46.6K)
Cash And Short Term Investments16.4B34.7B32.3B11.7B15.6B21.2B
Common Stock Shares Outstanding2.0B2.0B2.0B2.1B2.2B2.2B
Short Term Investments3.8B21.9B14.7B12.9B1.6T1.7T
Liabilities And Stockholders Equity1.3T1.8T2.3T2.5T3.0T1.5T
Other Current Assets102.5B152.9B184.2B147.5B15.6B14.8B
Other Stockholder Equity(65.8B)(79.5B)(89.6B)37.2B37.9B39.8B
Total Liab1.3T1.7T2.2T2.3T2.9T1.5T
Total Current Assets6.9B11.0B13.8B11.7B15.6B14.8B
Accumulated Other Comprehensive Income(2.7B)2.2B1.0B521.8M4.8B5.1B
Intangible Assets352.2M421.9M581.7M579.8M761.5M475.5M
Common Stock20.2B20.2B21.1B21.5B21.5B22.4B
Other Liab1.2T1.6T2.1T2.3T2.6T1.3T
Net Tangible Assets67.7B86.0B99.4B129.9B149.4B156.9B
Net Receivables2.9B4.7B7.5B9.9B15.2B16.0B
Long Term Investments692.9B990.6B1.3T1.6T2.0T2.1T
Property Plant Equipment3.0B3.0B3.1B3.2B3.7B3.3B
Non Current Liabilities Total667.9B563.8B6B9.5B2.9T3.0T
Capital Surpluse4.0B19.7M65.6B37.2B42.8B44.9B
Cash And Equivalents5.6M5.6M8.3M8.4M7.6M7.2M
Short Term Debt20.7B25.3B21.5B14.9B(1.8T)(1.7T)
Net Invested Capital68.1B92.4B162.1B139.4B156.2B113.5B
Current Deferred Revenue191.6M257.1M502.0M656.6M597.6M438.9M
Capital Stock20.2B20.2B21.1B21.5B21.5B22.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in HDFC Stock

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