Indraprastha Net Debt vs Common Stock Analysis

IGL Stock

319.45 0.05 0.02%

Indraprastha Gas financial indicator trend analysis is infinitely more than just investigating Indraprastha Gas recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indraprastha Gas is a good investment. Please check the relationship between Indraprastha Gas Net Debt and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indraprastha Gas Limited. 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.

Net Debt vs Common Stock

Net Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indraprastha Gas Net Debt account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Indraprastha Gas' Net Debt and Common Stock is 0.12. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Indraprastha Gas Limited, assuming nothing else is changed. The correlation between historical values of Indraprastha Gas' Net Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Indraprastha Gas Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Debt i.e., Indraprastha Gas' Net Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Common Stock

Most indicators from Indraprastha Gas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indraprastha Gas 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 Indraprastha Gas Limited. 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 Selling General Administrative is expected to grow to about 4.6 B. The current year's Tax Provision is expected to grow to about 5.9 B

	2021	2022	2023	2024 (projected)
Interest Expense	132.1M	105.9M	275.5M	145.6M
Depreciation And Amortization	3.2B	3.6B	4.1B	4.3B

Interest Expense Depreciation And Amortization

Indraprastha Gas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Intangible Assets	Short Term Investments	Current Deferred Revenue	Short Term Debt
Total Assets		-0.2	0.58	0.99	1.0	1.0	-0.24	0.99	0.05	1.0	-0.04	0.96	0.93	-0.66	0.37	0.5	0.0	-0.19	0.99	0.99	-0.66	0.96	0.4	0.67	0.51	-0.34
Short Long Term Debt Total	-0.2		-0.38	-0.21	-0.18	-0.2	-0.31	-0.19	0.26	-0.22	0.17	-0.1	-0.23	0.45	-0.21	0.46	-0.02	0.14	-0.22	-0.15	0.45	-0.23	0.42	0.13	0.14	0.82
Other Current Liab	0.58	-0.38		0.55	0.59	0.58	-0.17	0.59	0.01	0.61	0.14	0.4	0.73	-0.9	0.07	0.25	0.33	0.05	0.55	0.51	-0.9	0.64	0.11	-0.11	-0.4	-0.06
Total Current Liabilities	0.99	-0.21	0.55		0.98	0.99	-0.18	0.98	-0.01	0.99	0.01	0.94	0.95	-0.63	0.38	0.44	0.02	-0.13	1.0	0.98	-0.63	0.97	0.34	0.68	0.55	-0.36
Total Stockholder Equity	1.0	-0.18	0.59	0.98		0.99	-0.29	1.0	0.08	0.99	-0.06	0.96	0.92	-0.66	0.33	0.52	-0.01	-0.22	0.97	0.99	-0.66	0.94	0.45	0.67	0.49	-0.31
Property Plant And Equipment Net	1.0	-0.2	0.58	0.99	0.99		-0.2	0.98	0.05	1.0	-0.02	0.94	0.94	-0.66	0.41	0.48	0.05	-0.15	0.99	0.98	-0.66	0.95	0.35	0.65	0.51	-0.36
Net Debt	-0.24	-0.31	-0.17	-0.18	-0.29	-0.2		-0.3	-0.82	-0.22	0.37	-0.29	-0.19	0.12	0.39	-0.48	-0.01	0.45	-0.14	-0.27	0.12	-0.08	-0.68	-0.13	-0.08	-0.38
Retained Earnings	0.99	-0.19	0.59	0.98	1.0	0.98	-0.3		0.08	0.99	-0.06	0.96	0.92	-0.66	0.29	0.51	-0.01	-0.23	0.97	0.99	-0.66	0.94	0.46	0.67	0.49	-0.31
Cash	0.05	0.26	0.01	-0.01	0.08	0.05	-0.82	0.08		0.06	-0.46	0.05	0.02	0.0	-0.08	0.38	0.16	-0.38	-0.02	0.03	0.0	-0.15	0.39	-0.12	0.02	0.26
Non Current Assets Total	1.0	-0.22	0.61	0.99	0.99	1.0	-0.22	0.99	0.06		-0.01	0.94	0.95	-0.69	0.38	0.48	0.05	-0.15	0.99	0.98	-0.69	0.96	0.36	0.63	0.47	-0.34
Non Currrent Assets Other	-0.04	0.17	0.14	0.01	-0.06	-0.02	0.37	-0.06	-0.46	-0.01		-0.16	0.15	-0.14	-0.14	-0.2	0.25	0.94	0.0	-0.09	-0.14	0.1	-0.44	-0.19	-0.16	0.39
Cash And Short Term Investments	0.96	-0.1	0.4	0.94	0.96	0.94	-0.29	0.96	0.05	0.94	-0.16		0.8	-0.48	0.31	0.55	-0.21	-0.35	0.93	0.99	-0.48	0.88	0.57	0.84	0.63	-0.34
Net Receivables	0.93	-0.23	0.73	0.95	0.92	0.94	-0.19	0.92	0.02	0.95	0.15	0.8		-0.78	0.3	0.38	0.22	0.04	0.94	0.89	-0.78	0.96	0.22	0.43	0.3	-0.24
Common Stock Shares Outstanding	-0.66	0.45	-0.9	-0.63	-0.66	-0.66	0.12	-0.66	0.0	-0.69	-0.14	-0.48	-0.78		-0.07	-0.06	-0.29	-0.06	-0.64	-0.58	1.0	-0.68	0.02	0.02	0.2	0.21
Non Current Liabilities Total	0.37	-0.21	0.07	0.38	0.33	0.41	0.39	0.29	-0.08	0.38	-0.14	0.31	0.3	-0.07		0.3	-0.05	-0.03	0.44	0.33	-0.07	0.35	-0.15	0.26	0.31	-0.52
Inventory	0.5	0.46	0.25	0.44	0.52	0.48	-0.48	0.51	0.38	0.48	-0.2	0.55	0.38	-0.06	0.3		-0.01	-0.3	0.45	0.53	-0.06	0.41	0.75	0.47	0.23	0.28
Other Current Assets	0.0	-0.02	0.33	0.02	-0.01	0.05	-0.01	-0.01	0.16	0.05	0.25	-0.21	0.22	-0.29	-0.05	-0.01		0.43	0.03	-0.1	-0.29	0.06	-0.29	-0.45	-0.31	0.22
Other Stockholder Equity	-0.19	0.14	0.05	-0.13	-0.22	-0.15	0.45	-0.23	-0.38	-0.15	0.94	-0.35	0.04	-0.06	-0.03	-0.3	0.43		-0.13	-0.26	-0.06	-0.05	-0.62	-0.38	-0.23	0.34
Total Liab	0.99	-0.22	0.55	1.0	0.97	0.99	-0.14	0.97	-0.02	0.99	0.0	0.93	0.94	-0.64	0.44	0.45	0.03	-0.13		0.97	-0.64	0.97	0.31	0.66	0.54	-0.39
Total Current Assets	0.99	-0.15	0.51	0.98	0.99	0.98	-0.27	0.99	0.03	0.98	-0.09	0.99	0.89	-0.58	0.33	0.53	-0.1	-0.26	0.97		-0.58	0.94	0.49	0.76	0.56	-0.34
Common Stock	-0.66	0.45	-0.9	-0.63	-0.66	-0.66	0.12	-0.66	0.0	-0.69	-0.14	-0.48	-0.78	1.0	-0.07	-0.06	-0.29	-0.06	-0.64	-0.58		-0.68	0.02	0.02	0.2	0.21
Accounts Payable	0.96	-0.23	0.64	0.97	0.94	0.95	-0.08	0.94	-0.15	0.96	0.1	0.88	0.96	-0.68	0.35	0.41	0.06	-0.05	0.97	0.94	-0.68		0.28	0.6	0.41	-0.33
Intangible Assets	0.4	0.42	0.11	0.34	0.45	0.35	-0.68	0.46	0.39	0.36	-0.44	0.57	0.22	0.02	-0.15	0.75	-0.29	-0.62	0.31	0.49	0.02	0.28		0.58	0.28	0.22
Short Term Investments	0.67	0.13	-0.11	0.68	0.67	0.65	-0.13	0.67	-0.12	0.63	-0.19	0.84	0.43	0.02	0.26	0.47	-0.45	-0.38	0.66	0.76	0.02	0.6	0.58		0.85	-0.3
Current Deferred Revenue	0.51	0.14	-0.4	0.55	0.49	0.51	-0.08	0.49	0.02	0.47	-0.16	0.63	0.3	0.2	0.31	0.23	-0.31	-0.23	0.54	0.56	0.2	0.41	0.28	0.85		-0.33
Short Term Debt	-0.34	0.82	-0.06	-0.36	-0.31	-0.36	-0.38	-0.31	0.26	-0.34	0.39	-0.34	-0.24	0.21	-0.52	0.28	0.22	0.34	-0.39	-0.34	0.21	-0.33	0.22	-0.3	-0.33

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Indraprastha Gas Account Relationship Matchups

Indraprastha Gas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	75.4B	90.5B	111.0B	126.2B	142.2B	149.3B
Short Long Term Debt Total	4.4B	5.5B	5.7B	5.9B	811.7M	771.1M
Other Current Liab	175.3M	311.7M	251.7M	1.2B	29.9B	31.4B
Total Current Liabilities	18.0B	23.5B	31.2B	42.3B	40.8B	42.8B
Total Stockholder Equity	53.6B	63.3B	75.9B	79.3B	96.3B	101.2B
Property Plant And Equipment Net	43.2B	51.5B	63.7B	71.5B	79.9B	83.9B
Net Debt	(5.7B)	227.2M	326.7M	(228.4M)	(1.4B)	(1.3B)
Retained Earnings	49.1B	58.9B	71.4B	74.9B	91.9B	96.5B
Cash	6.7B	903.2M	749.7M	1.1B	2.2B	1.7B
Non Current Assets Total	50.5B	59.5B	73.4B	83.9B	98.6B	103.5B
Non Currrent Assets Other	(49.6B)	360.6M	113.4M	927.7M	2.3B	2.5B
Cash And Short Term Investments	21.7B	26.9B	30.6B	32.0B	30.1B	31.6B
Net Receivables	2.8B	3.6B	6.5B	9.0B	11.3B	11.9B
Liabilities And Stockholders Equity	75.4B	90.5B	111.0B	126.2B	142.2B	149.3B
Non Current Liabilities Total	3.9B	3.6B	4.0B	4.6B	4.9B	3.1B
Inventory	511.1M	455.5M	455.2M	491.7M	522.3M	422.6M
Other Current Assets	9.6M	16.9M	24.1M	781.7M	1.7B	1.8B
Other Stockholder Equity	(53.6B)	900K	(13.4M)	3.0B	3.0B	3.2B
Total Liab	21.9B	27.2B	35.2B	46.9B	45.7B	48.0B
Total Current Assets	25.0B	31.0B	37.6B	42.3B	43.6B	45.8B
Accounts Payable	2.2B	4.2B	7.9B	9.0B	9.8B	10.3B
Accumulated Other Comprehensive Income	(8.1B)	3.0B	3.0B	3.0B	3.0B	3.2B
Intangible Assets	181.7M	170.7M	121.3M	130M	129.5M	105.0M
Short Term Investments	15.0B	26.0B	29.9B	30.9B	8.8B	11.4B
Current Deferred Revenue	15.3B	18.7B	22.8B	31.9B	611.6M	581.0M
Short Term Debt	200.1M	331M	295M	235M	247.1M	234.7M
Other Liab	3.4B	3.1B	2.8B	3.2B	3.6B	2.7B
Net Tangible Assets	42.9B	53.4B	63.2B	75.7B	87.1B	44.7B
Other Assets	828.6M	659.2M	511.7M	73.9M	85.0M	80.7M
Long Term Debt	4.1B	5.1B	5.4B	5.5B	6.3B	3.6B
Property Plant Equipment	43.2B	51.5B	63.7B	28.3B	32.6B	37.2B
Long Term Debt Total	4.2B	5.2B	5.4B	5.7B	6.5B	3.9B
Net Invested Capital	53.6B	63.3B	75.9B	79.3B	96.3B	70.4B
Non Current Liabilities Other	8.7M	119.6M	112.7M	106.9M	98.7M	73.0M
Net Working Capital	7.0B	7.4B	6.4B	(36.8M)	2.8B	4.2B

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Other Information on Investing in Indraprastha Stock

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

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Indraprastha Net Debt vs Common Stock Analysis

Net Debt vs Common Stock

Net Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Net Debt

Common Stock

Indraprastha Gas fundamental ratios Correlations

Indraprastha Gas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Indraprastha Gas fundamental ratios Accounts

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Other Information on Investing in Indraprastha Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Common Stock	- 0.9	Other Current Liab
Common Stock Shares Outstanding	- 0.9	Other Current Liab
Cash	- 0.82	Net Debt
Common Stock	- 0.78	Net Receivables
Common Stock Shares Outstanding	- 0.78	Net Receivables
Common Stock	- 0.69	Non Current Assets Total