Indraprastha Other Current Liab vs Accounts Payable 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 Other Current Liab and its Accounts Payable 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indraprastha Gas Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Indraprastha Gas' Other Current Liab and Accounts Payable is 0.64. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable 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' Other Current Liab 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 Current Liab of Indraprastha Gas Limited 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 Current Liab i.e., Indraprastha Gas' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Indraprastha Gas 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 Indraprastha Gas 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 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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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 Other Current Liab vs Accounts Payable Analysis

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

Correlation Coefficient

Other Current Liab

Accounts Payable

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