HDFC Property Plant Equipment vs Total Current Liabilities 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 Property Plant Equipment and its Total Current Liabilities 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.

Property Plant Equipment vs Total Current Liabilities

Property Plant Equipment vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Life Insurance Property Plant Equipment account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between HDFC Life's Property Plant Equipment and Total Current Liabilities is 0.74. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Current Liabilities 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 Property Plant Equipment and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of HDFC Life Insurance are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Property Plant Equipment i.e., HDFC Life's Property Plant Equipment and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Current Liabilities

Total Current Liabilities is an item on HDFC Life balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of HDFC Life Insurance 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.
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.