Natco Non Current Assets Total vs Accounts Payable Analysis

NATCOPHARM   1,376  38.05  2.84%   
Natco Pharma financial indicator trend analysis is infinitely more than just investigating Natco Pharma Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natco Pharma Limited is a good investment. Please check the relationship between Natco Pharma Non Current Assets Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natco Pharma 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 persons.

Non Current Assets Total vs Accounts Payable

Non Current Assets Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natco Pharma Limited Non Current Assets Total account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Natco Pharma's Non Current Assets Total and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Natco Pharma Limited, assuming nothing else is changed. The correlation between historical values of Natco Pharma's Non Current Assets Total 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 Non Current Assets Total of Natco Pharma 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 Non Current Assets Total i.e., Natco Pharma's Non Current Assets Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Natco Pharma 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 Natco Pharma Limited 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 Natco Pharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natco Pharma Limited 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 Natco Pharma 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 persons.
As of now, Natco Pharma's Selling General Administrative is increasing as compared to previous years. The Natco Pharma's current Discontinued Operations is estimated to increase to about 34.3 M, while Tax Provision is projected to decrease to under 1.6 B.
 2022 2023 2024 (projected)
Interest Expense145M192M180.0M
Depreciation And Amortization1.6B1.9B2.0B

Natco Pharma fundamental ratios Correlations

0.440.340.921.00.980.250.980.490.990.540.960.790.95-0.280.970.860.75-0.060.990.750.680.940.30.80.68
0.44-0.160.480.420.510.940.410.070.50.150.370.480.370.270.430.190.430.390.390.430.330.310.290.210.93
0.34-0.160.550.320.26-0.170.370.040.270.310.230.320.32-0.020.310.450.040.120.370.31-0.250.520.010.370.0
0.920.480.550.910.90.340.90.340.90.440.860.830.88-0.150.870.80.670.090.920.80.520.940.230.720.69
1.00.420.320.910.980.220.980.50.980.550.970.780.95-0.30.970.850.76-0.080.990.740.680.940.30.80.67
0.980.510.260.90.980.320.940.481.00.410.920.870.88-0.290.980.750.82-0.080.950.820.680.870.240.70.74
0.250.94-0.170.340.220.320.21-0.290.3-0.010.20.360.230.510.23-0.020.270.590.210.320.190.140.04-0.050.81
0.980.410.370.90.980.940.210.510.960.660.940.690.96-0.290.930.910.64-0.080.980.640.610.950.40.870.64
0.490.070.040.340.50.48-0.290.510.510.430.450.280.37-0.690.530.570.39-0.610.470.240.360.460.660.710.24
0.990.50.270.90.981.00.30.960.510.470.920.840.9-0.30.980.790.78-0.090.960.790.660.890.310.760.73
0.540.150.310.440.550.41-0.010.660.430.470.52-0.030.610.00.460.75-0.020.10.59-0.060.110.620.520.770.26
0.960.370.230.860.970.920.20.940.450.920.520.710.98-0.30.890.840.76-0.10.980.660.780.920.230.750.62
0.790.480.320.830.780.870.360.690.280.84-0.030.710.65-0.240.840.460.88-0.040.750.970.560.680.00.40.68
0.950.370.320.880.950.880.230.960.370.90.610.980.65-0.210.860.880.660.00.980.610.710.950.250.780.6
-0.280.27-0.02-0.15-0.3-0.290.51-0.29-0.69-0.30.0-0.3-0.24-0.21-0.29-0.41-0.290.97-0.27-0.22-0.37-0.28-0.42-0.480.14
0.970.430.310.870.970.980.230.930.530.980.460.890.840.86-0.290.750.79-0.090.940.790.590.850.260.720.69
0.860.190.450.80.850.75-0.020.910.570.790.750.840.460.88-0.410.750.41-0.230.890.440.520.930.550.960.38
0.750.430.040.670.760.820.270.640.390.78-0.020.760.880.66-0.290.790.41-0.130.720.850.760.61-0.010.340.65
-0.060.390.120.09-0.08-0.080.59-0.08-0.61-0.090.1-0.1-0.040.00.97-0.09-0.23-0.13-0.05-0.03-0.25-0.06-0.37-0.310.3
0.990.390.370.920.990.950.210.980.470.960.590.980.750.98-0.270.940.890.72-0.050.70.670.970.290.810.64
0.750.430.310.80.740.820.320.640.240.79-0.060.660.970.61-0.220.790.440.85-0.030.70.560.64-0.020.370.6
0.680.33-0.250.520.680.680.190.610.360.660.110.780.560.71-0.370.590.520.76-0.250.670.560.590.130.430.48
0.940.310.520.940.940.870.140.950.460.890.620.920.680.95-0.280.850.930.61-0.060.970.640.590.340.860.55
0.30.290.010.230.30.240.040.40.660.310.520.230.00.25-0.420.260.55-0.01-0.370.29-0.020.130.340.720.23
0.80.210.370.720.80.7-0.050.870.710.760.770.750.40.78-0.480.720.960.34-0.310.810.370.430.860.720.38
0.680.930.00.690.670.740.810.640.240.730.260.620.680.60.140.690.380.650.30.640.60.480.550.230.38
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Natco Pharma Account Relationship Matchups

Natco Pharma fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.9B47.9B51.1B56.6B69.1B72.5B
Short Long Term Debt Total3.3B2.8B4.3B1.7B3.9B2.4B
Other Current Liab844M938M360M1.5B3.2B3.4B
Total Current Liabilities6.9B5.3B7.1B6.8B9.7B10.2B
Total Stockholder Equity37.7B41.2B42.6B48.7B58.5B61.5B
Property Plant And Equipment Net20.9B22.4B23.1B23.0B24.4B25.6B
Net Debt3.1B2.6B3.2B348M3.2B2.0B
Retained Earnings22.4B25.7B26.7B32.9B44.7B46.9B
Cash198M258M1.1B1.3B704M412.4M
Non Current Assets Total22.6B24.5B26.1B26.6B28.8B30.3B
Non Currrent Assets Other(1M)285M469M271M955M1.0B
Cash And Short Term Investments9.0B8.1B7.6B11.6B13.9B14.6B
Common Stock Shares Outstanding182.5M182.5M182.4M182.6M179.5M176.8M
Short Term Investments8.8B7.8B6.5B10.3B17.1B17.9B
Liabilities And Stockholders Equity45.9B47.9B51.1B56.6B69.1B72.5B
Non Current Liabilities Total1.2B1.4B1.4B(41.6B)804M844.2M
Inventory5.6B8.0B7.6B7.4B7.9B8.3B
Other Current Assets1.7B1.1B2.4B5.4B6.5B6.8B
Other Stockholder Equity13.7B13.9B14.1B14.1B12.0B7.1B
Total Liab8.0B6.7B8.5B(34.8B)10.5B11.1B
Total Current Assets23.3B23.4B25.0B30.0B40.2B42.2B
Accumulated Other Comprehensive Income(5.5B)1.3B1.5B1.4B1.5B1.6B
Accounts Payable2.6B1.5B1.6B2.6B2.4B1.3B
Net Receivables5.5B4.1B6.2B8.6B11.9B12.5B
Intangible Assets88M94M822M1.3B1.4B1.4B
Short Term Debt3.3B2.8B4.2B1.8B3.8B2.5B
Current Deferred Revenue85M13M877M1.1B853M923.4M
Other Liab1.2B1.4B1.3B994M1.1B834.9M
Net Tangible Assets37.6B41.1B41.3B46.9B53.9B30.4B
Other Assets762M486M662M271M243.9M451.6M
Short Long Term Debt3.3B2.8B4.0B1.7B3.6B2.6B
Property Plant Equipment20.9B22.4B23.1B23.0B26.5B17.5B
Capital Surpluse13.7B13.9B14.1B14.1B16.2B13.4B
Net Invested Capital41.0B41.2B46.7B50.4B62.2B49.1B

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Other Information on Investing in Natco Stock

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