Nippon Short Term Investments vs Property Plant And Equipment Net Analysis

NAM-INDIA

696.75 9.10 1.29%

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 Short Term Investments and its Property Plant And Equipment Net 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.

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nippon Life India Short Term Investments account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Nippon Life's Short Term Investments and Property Plant And Equipment Net is -0.15. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Property Plant And Equipment Net 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 Short Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Nippon Life India are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Investments i.e., Nippon Life's Short Term Investments and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Nippon Life balance sheet. It contains any investments Nippon Life India undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Nippon Life India can easily liquidate in the marketplace.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	10.2B	10.0B	16.7B	10.6B
Total Revenue	13.1B	13.5B	20.4B	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		0.44	0.15	0.6	1.0	0.2	0.25	0.97	-0.22	-0.07	0.7	-0.21	0.3	0.1	0.49	0.48	0.8	-0.56	-0.14	0.22	0.96	0.39	0.87	0.88	0.61	0.92
Short Long Term Debt Total	0.44		0.24	0.52	0.44	-0.08	-0.02	0.37	0.54	0.37	0.21	-0.49	0.13	0.79	-0.13	0.12	0.3	-0.2	0.08	-0.07	0.52	0.3	0.76	0.49	0.19	0.35
Other Current Liab	0.15	0.24		0.66	0.13	-0.1	-0.49	0.04	0.3	0.55	-0.25	-0.47	0.45	-0.16	0.09	0.42	0.02	0.03	-0.1	-0.46	0.33	0.51	0.21	0.22	-0.06	0.08
Total Current Liabilities	0.6	0.52	0.66		0.58	-0.09	-0.34	0.5	0.46	0.51	0.34	-0.71	0.24	0.07	0.23	0.25	0.31	-0.32	0.07	-0.02	0.77	0.35	0.58	0.58	0.4	0.52
Total Stockholder Equity	1.0	0.44	0.13	0.58		0.21	0.27	0.97	-0.24	-0.1	0.71	-0.19	0.29	0.1	0.49	0.48	0.8	-0.56	-0.15	0.23	0.95	0.38	0.87	0.88	0.61	0.92
Property Plant And Equipment Net	0.2	-0.08	-0.1	-0.09	0.21		0.05	0.23	-0.5	-0.07	0.46	0.19	-0.28	-0.14	0.21	-0.15	0.31	0.13	-0.35	0.17	0.13	-0.33	0.08	0.19	0.35	0.26
Net Debt	0.25	-0.02	-0.49	-0.34	0.27	0.05		0.44	-0.54	-0.94	0.35	0.76	-0.14	-0.11	0.34	0.13	0.42	0.0	-0.46	0.3	0.04	-0.13	0.18	-0.07	0.37	0.31
Retained Earnings	0.97	0.37	0.04	0.5	0.97	0.23	0.44		-0.32	-0.27	0.73	-0.04	0.23	0.02	0.51	0.47	0.8	-0.47	-0.23	0.33	0.88	0.32	0.79	0.75	0.66	0.9
Accounts Payable	-0.22	0.54	0.3	0.46	-0.24	-0.5	-0.54	-0.32		0.69	-0.27	-0.72	-0.05	0.55	-0.51	-0.27	-0.42	0.07	0.49	-0.09	-0.02	0.06	0.04	-0.1	-0.25	-0.31
Cash	-0.07	0.37	0.55	0.51	-0.1	-0.07	-0.94	-0.27	0.69		-0.25	-0.87	0.17	0.38	-0.33	-0.08	-0.26	-0.06	0.45	-0.29	0.15	0.23	0.1	0.24	-0.25	-0.15
Non Current Assets Total	0.7	0.21	-0.25	0.34	0.71	0.46	0.35	0.73	-0.27	-0.25		0.0	-0.39	0.0	0.34	-0.21	0.58	-0.33	-0.21	0.39	0.63	-0.38	0.53	0.55	0.67	0.63
Non Currrent Assets Other	-0.21	-0.49	-0.47	-0.71	-0.19	0.19	0.76	-0.04	-0.72	-0.87	0.0		-0.26	-0.38	0.26	-0.02	0.16	0.4	-0.42	0.11	-0.4	-0.28	-0.35	-0.44	0.17	-0.07
Cash And Short Term Investments	0.3	0.13	0.45	0.24	0.29	-0.28	-0.14	0.23	-0.05	0.17	-0.39	-0.26		-0.09	0.06	0.92	0.05	-0.54	-0.17	-0.39	0.32	0.89	0.36	0.38	-0.3	0.22
Net Receivables	0.1	0.79	-0.16	0.07	0.1	-0.14	-0.11	0.02	0.55	0.38	0.0	-0.38	-0.09		-0.32	-0.16	0.12	0.01	0.47	0.11	0.14	0.13	0.42	0.25	-0.02	0.07
Common Stock Shares Outstanding	0.49	-0.13	0.09	0.23	0.49	0.21	0.34	0.51	-0.51	-0.33	0.34	0.26	0.06	-0.32		0.34	0.79	-0.04	-0.25	0.29	0.43	0.2	0.26	0.37	0.71	0.76
Short Term Investments	0.48	0.12	0.42	0.25	0.48	-0.15	0.13	0.47	-0.27	-0.08	-0.21	-0.02	0.92	-0.16	0.34		0.36	-0.41	-0.3	-0.21	0.45	0.9	0.45	0.43	0.0	0.47
Non Current Liabilities Total	0.8	0.3	0.02	0.31	0.8	0.31	0.42	0.8	-0.42	-0.26	0.58	0.16	0.05	0.12	0.79	0.36		-0.12	-0.12	0.35	0.73	0.28	0.65	0.67	0.8	0.93
Inventory	-0.56	-0.2	0.03	-0.32	-0.56	0.13	0.0	-0.47	0.07	-0.06	-0.33	0.4	-0.54	0.01	-0.04	-0.41	-0.12		0.2	0.19	-0.54	-0.3	-0.6	-0.67	0.1	-0.39
Other Current Assets	-0.14	0.08	-0.1	0.07	-0.15	-0.35	-0.46	-0.23	0.49	0.45	-0.21	-0.42	-0.17	0.47	-0.25	-0.3	-0.12	0.2		0.22	-0.03	0.1	-0.13	0.02	-0.13	-0.16
Other Stockholder Equity	0.22	-0.07	-0.46	-0.02	0.23	0.17	0.3	0.33	-0.09	-0.29	0.39	0.11	-0.39	0.11	0.29	-0.21	0.35	0.19	0.22		0.1	-0.22	-0.06	-0.03	0.44	0.34
Total Liab	0.96	0.52	0.33	0.77	0.95	0.13	0.04	0.88	-0.02	0.15	0.63	-0.4	0.32	0.14	0.43	0.45	0.73	-0.54	-0.03	0.1		0.43	0.88	0.91	0.57	0.87
Total Current Assets	0.39	0.3	0.51	0.35	0.38	-0.33	-0.13	0.32	0.06	0.23	-0.38	-0.28	0.89	0.13	0.2	0.9	0.28	-0.3	0.1	-0.22	0.43		0.44	0.44	-0.08	0.37
Intangible Assets	0.87	0.76	0.21	0.58	0.87	0.08	0.18	0.79	0.04	0.1	0.53	-0.35	0.36	0.42	0.26	0.45	0.65	-0.6	-0.13	-0.06	0.88	0.44		0.89	0.39	0.76
Common Stock	0.88	0.49	0.22	0.58	0.88	0.19	-0.07	0.75	-0.1	0.24	0.55	-0.44	0.38	0.25	0.37	0.43	0.67	-0.67	0.02	-0.03	0.91	0.44	0.89		0.36	0.79
Other Assets	0.61	0.19	-0.06	0.4	0.61	0.35	0.37	0.66	-0.25	-0.25	0.67	0.17	-0.3	-0.02	0.71	0.0	0.8	0.1	-0.13	0.44	0.57	-0.08	0.39	0.36		0.77
Other Liab	0.92	0.35	0.08	0.52	0.92	0.26	0.31	0.9	-0.31	-0.15	0.63	-0.07	0.22	0.07	0.76	0.47	0.93	-0.39	-0.16	0.34	0.87	0.37	0.76	0.79	0.77

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Nippon Life Account Relationship Matchups

Nippon Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	28.8B	33.9B	38.0B	38.6B	43.8B	29.9B
Short Long Term Debt Total	814.3M	514.7M	471.7M	560M	785.9M	592.1M
Other Current Liab	1.7B	759.1M	825.9M	(109.3M)	1.0B	720.6M
Total Current Liabilities	2.1B	1.9B	1.9B	2.2B	2.2B	1.8B
Total Stockholder Equity	25.9B	31.0B	34.8B	35.2B	39.8B	27.3B
Property Plant And Equipment Net	111.8M	121M	100.6M	140.4M	184M	129.3M
Net Debt	(1.2B)	326.9M	(7.5M)	347.4M	543.6M	570.8M
Retained Earnings	12.0B	15.7B	17.9B	17.9B	20.8B	14.1B
Accounts Payable	676.8M	628.7M	559.5M	662M	495.5M	589.8M
Cash	2.0B	187.8M	479.2M	212.6M	257.2M	244.3M
Non Current Assets Total	6.5B	28.7B	7.3B	34.7B	31.4B	16.3B
Non Currrent Assets Other	1.7B	6.6M	15.8M	1.2B	9.8B	10.3B
Cash And Short Term Investments	20.4B	3.6B	28.6B	2.7B	2.7B	2.6B
Net Receivables	751.2M	536.1M	868.6M	1.0B	1.4B	2.0B
Common Stock Shares Outstanding	620.5M	624.1M	630.5M	627.2M	631.7M	676.5M
Short Term Investments	18.3B	3.4B	28.1B	2.5B	9.7B	8.0B
Liabilities And Stockholders Equity	28.8B	33.9B	38.0B	38.6B	43.8B	29.9B
Non Current Liabilities Total	814.6M	1.0B	1.3B	1.3B	2.7B	2.9B
Inventory	(17.4B)	(24.3B)	(28.2B)	(29.0B)	5.9B	6.2B
Other Current Assets	182M	1.6B	2.1B	2.4B	2.4B	3.0B
Other Stockholder Equity	(19.1B)	6.8B	10.7B	8.4B	12.7B	13.3B
Total Liab	2.9B	2.9B	3.2B	3.5B	3.9B	2.6B
Total Current Assets	22.3B	5.2B	30.7B	3.9B	12.3B	13.6B
Accumulated Other Comprehensive Income	(564.3M)	2.3B	2.6B	2.7B	1.5B	1.6B
Intangible Assets	3.1B	2.9B	2.9B	2.9B	3.1B	2.0B
Common Stock	6.1B	6.2B	6.2B	6.2B	6.3B	4.0B
Other Assets	200K	106.9M	125.5M	26.7B	30.7B	32.2B
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	(1.2B)	753.8M	817.8M	(307.1M)	(591.9M)	(562.3M)
Property Plant Equipment	132.3M	836.6M	533.8M	492.2M	566.0M	364.1M
Good Will	214.8M	166.2M	124.6M	163.9M	285.2M	204.9M
Net Invested Capital	25.9B	31.0B	34.8B	35.2B	39.8B	33.8B
Net Working Capital	20.3B	3.8B	4.0B	1.7B	3.7B	6.5B
Capital Stock	6.1B	6.2B	6.2B	6.2B	6.3B	6.8B
Non Current Liabilities Other	309.9M	460.1M	458.4M	467.1M	612.2M	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 Short Term Investments vs Property Plant And Equipment Net Analysis

Short Term Investments vs Property Plant And Equipment Net

Short Term Investments vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Short Term Investments

Property Plant And Equipment Net

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

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Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity
Total Liab	+ 0.96	Total Assets
Total Liab	+ 0.95	Total Stockholder Equity
Other Liab	+ 0.93	Non Current Liabilities Total

Cash	- 0.94	Net Debt
Non Currrent Assets Other	- 0.87	Cash
Non Currrent Assets Other	- 0.72	Accounts Payable
Non Currrent Assets Other	- 0.71	Total Current Liabilities
Common Stock	- 0.67	Inventory
Intangible Assets	- 0.6	Inventory