KPIT Accounts Payable vs Short Term Debt Analysis
KPITTECH | 1,411 2.15 0.15% |
KPIT Technologies financial indicator trend analysis is infinitely more than just investigating KPIT Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KPIT Technologies is a good investment. Please check the relationship between KPIT Technologies Accounts Payable and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KPIT Technologies 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 estimate.
Accounts Payable vs Short Term Debt
Accounts Payable vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KPIT Technologies Accounts Payable account and Short Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between KPIT Technologies' Accounts Payable and Short Term Debt is 0.34. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of KPIT Technologies Limited, assuming nothing else is changed. The correlation between historical values of KPIT Technologies' Accounts Payable and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of KPIT Technologies Limited are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Accounts Payable i.e., KPIT Technologies' Accounts Payable and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents KPIT Technologies 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 KPIT Technologies 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.Short Term Debt
Most indicators from KPIT Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KPIT Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KPIT Technologies 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 estimate. The current year's Tax Provision is expected to grow to about 2.1 B. The current year's Selling General Administrative is expected to grow to about 2.7 B
KPIT Technologies fundamental ratios Correlations
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KPIT Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KPIT Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 19.7B | 23.4B | 34.0B | 41.7B | 24.3B | |
Short Long Term Debt Total | 2.0B | 2.3B | 2.3B | 2.9B | 3.3B | 2.8B | |
Other Current Liab | 618.6M | 1.9B | 3.3B | 6.0B | 5.6B | 3.0B | |
Total Current Liabilities | 4.6B | 5.3B | 7.1B | 11.7B | 15.1B | 7.8B | |
Total Stockholder Equity | 10.5B | 12.1B | 13.1B | 16.5B | 21.5B | 13.8B | |
Property Plant And Equipment Net | 3.8B | 4.6B | 4.4B | 4.8B | 5.4B | 4.2B | |
Current Deferred Revenue | 2.2B | 2.8B | 4.6B | 5.4B | 4.7B | 3.4B | |
Net Debt | (722.1M) | (558.0M) | (1.1B) | (1.7B) | (4.4B) | (4.2B) | |
Retained Earnings | 5.9B | 7.4B | 8.5B | 11.2B | 15.9B | 9.1B | |
Accounts Payable | 846.7M | 1.4B | 1.4B | 1.6B | 2.4B | 1.4B | |
Cash | 2.8B | 2.9B | 3.4B | 4.5B | 7.7B | 8.1B | |
Non Current Assets Total | 6.2B | 6.7B | 8.2B | 19.0B | 21.5B | 22.6B | |
Non Currrent Assets Other | 494.7M | 249.9M | 549.0M | 581.0M | 1.7B | 1.8B | |
Other Assets | 903.5M | 803.6M | 1.3B | 706.7M | 812.7M | 618.9M | |
Cash And Short Term Investments | 3.9B | 8.3B | 9.8B | 6.2B | 8.6B | 5.9B | |
Net Receivables | 5.9B | 4.3B | 4.8B | 7.7B | 9.6B | 7.2B | |
Good Will | 987.8M | 1.0B | 1.7B | 10.1B | 11.5B | 12.0B | |
Common Stock Shares Outstanding | 269.6M | 270.5M | 272.9M | 273.1M | 273.1M | 281.3M | |
Short Term Investments | 1.1B | 5.4B | 6.4B | 1.6B | 862.9M | 819.8M | |
Liabilities And Stockholders Equity | 16.4B | 19.7B | 23.4B | 34.0B | 41.7B | 24.3B | |
Non Current Liabilities Total | 1.3B | 2.3B | 3.0B | 5.7B | 4.9B | 2.7B | |
Inventory | 115.3M | (1.3B) | (1.1B) | 587.5M | 902.5M | 947.6M | |
Other Current Assets | 249.7M | 344.4M | 610.2M | 799.8M | 1.5B | 1.6B | |
Other Stockholder Equity | (8.5B) | 2.0B | 1.9B | 2.6B | (15.9B) | (15.1B) | |
Total Liab | 5.8B | 7.6B | 10.1B | 17.4B | 20.0B | 10.5B | |
Total Current Assets | 10.1B | 13.0B | 15.1B | 15.0B | 20.2B | 13.8B | |
Accumulated Other Comprehensive Income | (1.2B) | 2.0B | 1.9B | 2.6B | 2.9B | 1.5B | |
Short Term Debt | 863.0M | 375.2M | 419.7M | 998.7M | 1.1B | 752.0M | |
Common Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 2.1B | |
Net Tangible Assets | 9.0B | 10.8B | 11.1B | 4.1B | 4.8B | 7.9B | |
Long Term Debt | 29.7M | 24.0M | 18.7M | 2.3M | 590K | 560.5K | |
Long Term Debt Total | 1.2B | 1.9B | 1.9B | 1.9B | 2.1B | 1.3B | |
Capital Lease Obligations | 1.5B | 2.3B | 2.2B | 2.4B | 2.8B | 1.8B | |
Net Invested Capital | 11.0B | 12.0B | 13.1B | 17.0B | 21.9B | 13.5B | |
Short Long Term Debt | 549.5M | 7.3M | 7.2M | 489.8M | 446.8M | 280.3M | |
Net Working Capital | 5.6B | 7.7B | 8.1B | 3.3B | 5.0B | 5.6B | |
Intangible Assets | 520.1M | 285.0M | 289.8M | 2.3B | 2.8B | 3.0B | |
Property Plant Equipment | 3.8B | 4.6B | 4.4B | 4.8B | 5.5B | 3.7B | |
Other Liab | 120.9M | 377.0M | 1.2B | 3.8B | 4.4B | 4.6B | |
Capital Stock | 2.7B | 2.7B | 2.7B | 2.7B | 2.7B | 3.0B |
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Balance Sheet is a snapshot of the financial position of KPIT Technologies at a specified time, usually calculated after every quarter, six months, or one year. KPIT Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KPIT Technologies 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 KPIT currently owns. An asset can also be divided into two categories, current and non-current.