Nippon Accounts Payable vs Cash Analysis

NAM-INDIA

537.75 7.95 1.50%

Nippon Life financial indicator trend analysis is infinitely more than just investigating Nippon Life India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nippon Life India is a good investment. Please check the relationship between Nippon Life Accounts Payable and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Life India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nippon Life India Accounts Payable account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Nippon Life's Accounts Payable and Cash is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Nippon Life India, assuming nothing else is changed. The correlation between historical values of Nippon Life's Accounts Payable and Cash 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 Nippon Life India are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Nippon Life's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Nippon 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 Nippon Life India 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.

Cash

Cash refers to the most liquid asset of Nippon Life India, which is listed under current asset account on Nippon Life India balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Nippon Life customers. The amounts must be unrestricted with restricted cash listed in a different Nippon Life account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Nippon Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nippon Life India 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 Nippon Life India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

At present, Nippon Life's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Gross Profit	10.0B	16.7B	19.2B	10.6B
Total Revenue	13.5B	20.4B	23.4B	13.4B

Gross Profit Total Revenue

Nippon Life 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Other Assets	Other Liab
Total Assets		0.49	0.27	0.68	1.0	0.44	0.31	0.98	-0.32	-0.13	0.38	-0.11	0.7	0.08	0.69	0.7	0.82	-0.32	-0.18	0.34	0.97	0.67	0.88	0.88	0.69	0.91
Short Long Term Debt Total	0.49		0.29	0.55	0.48	0.05	0.03	0.42	0.45	0.33	0.12	-0.45	0.32	0.77	0.11	0.28	0.35	-0.14	0.05	0.01	0.55	0.38	0.77	0.52	0.27	0.4
Other Current Liab	0.27	0.29		0.69	0.25	0.06	-0.41	0.19	0.21	0.49	-0.41	-0.42	0.51	-0.16	0.27	0.45	0.15	0.09	-0.12	-0.33	0.41	0.51	0.28	0.29	0.06	0.16
Total Current Liabilities	0.68	0.55	0.69		0.66	0.13	-0.23	0.6	0.31	0.42	0.18	-0.61	0.52	0.06	0.43	0.46	0.43	-0.2	0.02	0.1	0.81	0.52	0.64	0.63	0.49	0.59
Total Stockholder Equity	1.0	0.48	0.25	0.66		0.44	0.33	0.98	-0.34	-0.15	0.39	-0.09	0.7	0.08	0.69	0.7	0.83	-0.32	-0.19	0.35	0.97	0.66	0.87	0.87	0.69	0.91
Property Plant And Equipment Net	0.44	0.05	0.06	0.13	0.44		0.15	0.47	-0.55	-0.13	0.2	0.22	0.34	-0.12	0.53	0.35	0.48	0.23	-0.35	0.3	0.37	0.26	0.25	0.32	0.49	0.38
Net Debt	0.31	0.03	-0.41	-0.23	0.33	0.15		0.46	-0.56	-0.93	0.25	0.76	0.27	-0.11	0.36	0.36	0.46	0.05	-0.47	0.35	0.14	0.22	0.23	0.0	0.42	0.36
Retained Earnings	0.98	0.42	0.19	0.6	0.98	0.47	0.46		-0.4	-0.29	0.36	0.04	0.7	0.01	0.72	0.71	0.82	-0.23	-0.25	0.43	0.92	0.66	0.81	0.76	0.73	0.88
Accounts Payable	-0.32	0.45	0.21	0.31	-0.34	-0.55	-0.56	-0.4		0.69	-0.14	-0.72	-0.35	0.53	-0.5	-0.42	-0.47	0.01	0.5	-0.17	-0.15	-0.24	-0.06	-0.17	-0.33	-0.37
Cash	-0.13	0.33	0.49	0.42	-0.15	-0.13	-0.93	-0.29	0.69		-0.19	-0.87	-0.12	0.38	-0.29	-0.22	-0.29	-0.09	0.46	-0.31	0.06	-0.05	0.05	0.19	-0.28	-0.18
Non Current Assets Total	0.38	0.12	-0.41	0.18	0.39	0.2	0.25	0.36	-0.14	-0.19		-0.11	-0.2	0.01	0.12	-0.18	0.24	-0.56	-0.17	0.24	0.34	-0.27	0.38	0.42	0.35	0.4
Non Currrent Assets Other	-0.11	-0.45	-0.42	-0.61	-0.09	0.22	0.76	0.04	-0.72	-0.87	-0.11		0.1	-0.38	0.24	0.19	0.19	0.41	-0.42	0.14	-0.28	0.04	-0.29	-0.38	0.19	-0.05
Cash And Short Term Investments	0.7	0.32	0.51	0.52	0.7	0.34	0.27	0.7	-0.35	-0.12	-0.2	0.1		-0.03	0.77	0.99	0.85	0.13	-0.23	0.29	0.69	0.98	0.56	0.54	0.66	0.79
Net Receivables	0.08	0.77	-0.16	0.06	0.08	-0.12	-0.11	0.01	0.53	0.38	0.01	-0.38	-0.03		-0.19	-0.07	0.1	0.01	0.47	0.1	0.12	0.09	0.39	0.24	-0.02	0.06
Common Stock Shares Outstanding	0.69	0.11	0.27	0.43	0.69	0.53	0.36	0.72	-0.5	-0.29	0.12	0.24	0.77	-0.19		0.79	0.82	0.17	-0.24	0.43	0.64	0.73	0.43	0.47	0.76	0.73
Short Term Investments	0.7	0.28	0.45	0.46	0.7	0.35	0.36	0.71	-0.42	-0.22	-0.18	0.19	0.99	-0.07	0.79		0.86	0.14	-0.27	0.32	0.67	0.97	0.54	0.51	0.68	0.79
Non Current Liabilities Total	0.82	0.35	0.15	0.43	0.83	0.48	0.46	0.82	-0.47	-0.29	0.24	0.19	0.85	0.1	0.82	0.86		0.04	-0.16	0.47	0.77	0.83	0.68	0.68	0.84	0.92
Inventory	-0.32	-0.14	0.09	-0.2	-0.32	0.23	0.05	-0.23	0.01	-0.09	-0.56	0.41	0.13	0.01	0.17	0.14	0.04		0.16	0.26	-0.32	0.19	-0.47	-0.54	0.18	-0.3
Other Current Assets	-0.18	0.05	-0.12	0.02	-0.19	-0.35	-0.47	-0.25	0.5	0.46	-0.17	-0.42	-0.23	0.47	-0.24	-0.27	-0.16	0.16		0.17	-0.09	-0.06	-0.17	-0.02	-0.16	-0.19
Other Stockholder Equity	0.34	0.01	-0.33	0.1	0.35	0.3	0.35	0.43	-0.17	-0.31	0.24	0.14	0.29	0.1	0.43	0.32	0.47	0.26	0.17		0.24	0.3	0.06	0.07	0.54	0.43
Total Liab	0.97	0.55	0.41	0.81	0.97	0.37	0.14	0.92	-0.15	0.06	0.34	-0.28	0.69	0.12	0.64	0.67	0.77	-0.32	-0.09	0.24		0.67	0.89	0.9	0.66	0.88
Total Current Assets	0.67	0.38	0.51	0.52	0.66	0.26	0.22	0.66	-0.24	-0.05	-0.27	0.04	0.98	0.09	0.73	0.97	0.83	0.19	-0.06	0.3	0.67		0.55	0.53	0.63	0.75
Intangible Assets	0.88	0.77	0.28	0.64	0.87	0.25	0.23	0.81	-0.06	0.05	0.38	-0.29	0.56	0.39	0.43	0.54	0.68	-0.47	-0.17	0.06	0.89	0.55		0.9	0.47	0.79
Common Stock	0.88	0.52	0.29	0.63	0.87	0.32	0.0	0.76	-0.17	0.19	0.42	-0.38	0.54	0.24	0.47	0.51	0.68	-0.54	-0.02	0.07	0.9	0.53	0.9		0.44	0.82
Other Assets	0.69	0.27	0.06	0.49	0.69	0.49	0.42	0.73	-0.33	-0.28	0.35	0.19	0.66	-0.02	0.76	0.68	0.84	0.18	-0.16	0.54	0.66	0.63	0.47	0.44		0.78
Other Liab	0.91	0.4	0.16	0.59	0.91	0.38	0.36	0.88	-0.37	-0.18	0.4	-0.05	0.79	0.06	0.73	0.79	0.92	-0.3	-0.19	0.43	0.88	0.75	0.79	0.82	0.78

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Nippon Life Account Relationship Matchups

Nippon Life fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	33.9B	38.0B	38.6B	43.8B	50.3B	29.9B
Short Long Term Debt Total	514.7M	471.7M	560M	785.9M	903.8M	592.1M
Other Current Liab	759.1M	825.9M	(109.3M)	1.0B	1.2B	720.6M
Total Current Liabilities	1.9B	1.9B	2.2B	2.2B	2.5B	1.8B
Total Stockholder Equity	31.0B	34.8B	35.2B	39.8B	45.8B	27.3B
Property Plant And Equipment Net	121M	100.6M	140.4M	184M	211.6M	129.3M
Net Debt	326.9M	(7.5M)	347.4M	543.6M	625.1M	656.4M
Retained Earnings	15.7B	17.9B	17.9B	20.8B	24.0B	14.1B
Accounts Payable	628.7M	559.5M	662M	495.5M	446.0M	589.8M
Cash	187.8M	479.2M	212.6M	257.2M	231.5M	219.9M
Non Current Assets Total	28.7B	7.3B	34.7B	10.9B	12.6B	14.4B
Non Currrent Assets Other	6.6M	15.8M	1.2B	9.8B	8.8B	9.3B
Cash And Short Term Investments	3.6B	28.6B	2.7B	30.4B	35.0B	36.8B
Net Receivables	536.1M	868.6M	1.0B	1.4B	1.6B	2.0B
Common Stock Shares Outstanding	624.1M	630.5M	627.2M	631.7M	726.5M	676.5M
Short Term Investments	3.4B	28.1B	2.5B	30.2B	34.7B	36.5B
Liabilities And Stockholders Equity	33.9B	38.0B	38.6B	43.8B	50.3B	29.9B
Non Current Liabilities Total	1.0B	1.3B	1.3B	2.7B	3.1B	3.3B
Inventory	(24.3B)	(28.2B)	(29.0B)	5.9B	5.3B	5.6B
Other Current Assets	1.6B	2.1B	2.4B	2.4B	2.1B	3.0B
Other Stockholder Equity	6.8B	10.7B	8.4B	12.7B	14.6B	15.3B
Total Liab	2.9B	3.2B	3.5B	3.9B	4.5B	2.6B
Total Current Assets	5.2B	30.7B	3.9B	32.8B	37.7B	39.6B
Accumulated Other Comprehensive Income	2.3B	2.6B	2.7B	1.5B	1.8B	1.9B
Intangible Assets	2.9B	2.9B	2.9B	3.1B	3.6B	2.0B
Common Stock	6.2B	6.2B	6.2B	6.3B	7.2B	4.0B
Other Assets	200K	106.9M	125.5M	20.5B	23.5B	24.7B
Other Liab	530.4M	471.3M	615.8M	971.5M	1.1B	1.2B
Net Tangible Assets	23.3B	23.5B	28.5B	32.3B	37.2B	25.5B
Current Deferred Revenue	753.8M	817.8M	(307.1M)	(591.9M)	(680.7M)	(646.7M)
Short Term Debt	514.7M	471.7M	560M	591.9M	680.7M	590.9M
Property Plant Equipment	132.3M	836.6M	533.8M	492.2M	566.0M	364.1M
Good Will	166.2M	124.6M	163.9M	285.2M	328.0M	204.9M
Capital Lease Obligations	514.7M	471.7M	560M	785.9M	903.8M	576.9M
Net Invested Capital	31.0B	34.8B	35.2B	39.8B	45.8B	33.8B
Net Working Capital	3.8B	4.0B	1.7B	3.7B	3.3B	6.5B
Capital Stock	6.2B	6.2B	6.2B	6.3B	7.2B	6.8B
Non Current Liabilities Other	460.1M	458.4M	467.1M	612.2M	704.0M	499.0M

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Other Information on Investing in Nippon Stock

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

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Nippon Accounts Payable vs Cash Analysis

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

Correlation Coefficient

Accounts Payable

Cash

Nippon Life fundamental ratios Correlations

Nippon Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nippon Life fundamental ratios Accounts

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Other Information on Investing in Nippon Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Liab	+ 0.97	Total Assets

Cash	- 0.93	Net Debt
Non Currrent Assets Other	- 0.87	Cash
Non Currrent Assets Other	- 0.72	Accounts Payable
Non Currrent Assets Other	- 0.61	Total Current Liabilities
Inventory	- 0.56	Non Current Assets Total
Accounts Payable	- 0.56	Net Debt