Nestle Non Current Liabilities Total vs Accounts Payable Analysis

NESTLEIND   2,236  35.75  1.57%   
Nestle India financial indicator trend analysis is infinitely more than just investigating Nestle India Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nestle India Limited is a good investment. Please check the relationship between Nestle India Non Current Liabilities Total and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nestle India 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 bureau of economic analysis.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nestle India Limited Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nestle India's Non Current Liabilities Total and Accounts Payable is 0.65. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Nestle India Limited, assuming nothing else is changed. The correlation between historical values of Nestle India's Non Current Liabilities 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 Liabilities Total of Nestle India 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 Liabilities Total i.e., Nestle India's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Nestle India 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 Nestle India 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 Nestle India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nestle India 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 Nestle India 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 bureau of economic analysis.
The current Selling General Administrative is estimated to decrease to about 432.2 M. The current Tax Provision is estimated to decrease to about 7.7 B
 2021 2022 2023 2024 (projected)
Interest Expense2.0B1.5B23.5M22.3M
Depreciation And Amortization3.9B4.0B3.4B2.7B

Nestle India fundamental ratios Correlations

-0.15-0.050.610.740.58-0.40.660.420.660.180.460.9-0.120.90.70.12-0.250.940.820.35-0.74-0.35-0.060.510.24
-0.150.13-0.08-0.290.120.66-0.1-0.40.070.15-0.38-0.370.04-0.01-0.150.190.01-0.04-0.39-0.04-0.21-0.12-0.110.14-0.09
-0.050.130.5-0.230.030.360.2-0.360.260.86-0.330.02-0.4-0.260.290.32-0.010.05-0.190.40.1-0.22-0.150.06-0.01
0.61-0.080.50.20.710.060.88-0.060.890.64-0.010.65-0.750.50.960.54-0.540.70.380.76-0.27-0.51-0.30.53-0.04
0.74-0.29-0.230.20.47-0.660.210.690.38-0.040.650.58-0.040.510.280.020.320.460.730.2-0.67-0.230.16-0.020.66
0.580.120.030.710.470.090.62-0.010.920.32-0.020.41-0.730.480.760.74-0.230.520.260.73-0.45-0.4-0.040.360.28
-0.40.660.360.06-0.660.09-0.06-0.950.130.37-0.93-0.48-0.17-0.3-0.020.53-0.2-0.18-0.80.180.250.02-0.10.23-0.23
0.66-0.10.20.880.210.62-0.060.070.790.360.130.72-0.590.650.920.25-0.770.760.490.6-0.27-0.71-0.570.59-0.11
0.42-0.4-0.36-0.060.69-0.01-0.950.07-0.08-0.360.980.440.140.360.01-0.520.250.20.82-0.19-0.38-0.10.06-0.220.24
0.660.070.260.890.380.920.130.79-0.080.51-0.060.56-0.730.560.910.69-0.380.670.310.73-0.44-0.48-0.180.520.12
0.180.150.860.64-0.040.320.370.36-0.360.51-0.340.08-0.46-0.020.520.54-0.090.26-0.090.47-0.09-0.32-0.090.220.03
0.46-0.38-0.33-0.010.65-0.02-0.930.130.98-0.06-0.340.50.160.430.06-0.540.170.270.87-0.21-0.42-0.10.07-0.110.15
0.9-0.370.020.650.580.41-0.480.720.440.560.080.5-0.180.820.71-0.04-0.40.890.830.39-0.51-0.34-0.190.470.08
-0.120.04-0.4-0.75-0.04-0.73-0.17-0.590.14-0.73-0.460.16-0.180.01-0.67-0.670.32-0.140.01-0.85-0.120.450.27-0.13-0.12
0.9-0.01-0.260.50.510.48-0.30.650.360.56-0.020.430.820.010.650.0-0.450.930.760.14-0.68-0.26-0.090.65-0.1
0.7-0.150.290.960.280.76-0.020.920.010.910.520.060.71-0.670.650.51-0.60.790.470.67-0.34-0.49-0.260.6-0.08
0.120.190.320.540.020.740.530.25-0.520.690.54-0.54-0.04-0.670.00.51-0.070.15-0.290.68-0.01-0.040.210.330.21
-0.250.01-0.01-0.540.32-0.23-0.2-0.770.25-0.38-0.090.17-0.40.32-0.45-0.6-0.07-0.51-0.14-0.33-0.170.50.63-0.630.45
0.94-0.040.050.70.460.52-0.180.760.20.670.260.270.89-0.140.930.790.15-0.510.70.36-0.63-0.35-0.160.68-0.03
0.82-0.39-0.190.380.730.26-0.80.490.820.31-0.090.870.830.010.760.47-0.29-0.140.70.09-0.58-0.27-0.030.240.14
0.35-0.040.40.760.20.730.180.6-0.190.730.47-0.210.39-0.850.140.670.68-0.330.360.090.0-0.47-0.280.20.38
-0.74-0.210.1-0.27-0.67-0.450.25-0.27-0.38-0.44-0.09-0.42-0.51-0.12-0.68-0.34-0.01-0.17-0.63-0.580.00.11-0.17-0.16-0.16
-0.35-0.12-0.22-0.51-0.23-0.40.02-0.71-0.1-0.48-0.32-0.1-0.340.45-0.26-0.49-0.040.5-0.35-0.27-0.470.110.81-0.19-0.26
-0.06-0.11-0.15-0.30.16-0.04-0.1-0.570.06-0.18-0.090.07-0.190.27-0.09-0.260.210.63-0.16-0.03-0.28-0.170.81-0.040.02
0.510.140.060.53-0.020.360.230.59-0.220.520.22-0.110.47-0.130.650.60.33-0.630.680.240.2-0.16-0.19-0.04-0.27
0.24-0.09-0.01-0.040.660.28-0.23-0.110.240.120.030.150.08-0.12-0.1-0.080.210.45-0.030.140.38-0.16-0.260.02-0.27
Click cells to compare fundamentals

Nestle India Account Relationship Matchups

Nestle India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets70.6B79.0B82.1B89.8B105.2B57.1B
Short Long Term Debt Total1.4B1.5B2.7B2.7B2.9B2.7B
Other Current Liab418.3M5.1B3.9B14.0B16.4B17.2B
Total Current Liabilities21.5B24.9B26.0B30.8B39.6B41.5B
Total Stockholder Equity19.3B20.2B20.8B24.6B33.4B20.0B
Property Plant And Equipment Net23.7B28.2B32.4B34.0B53.6B56.3B
Net Debt(22.5B)(16.1B)(4.5B)(6.6B)(4.7B)(5.0B)
Accounts Payable14.9B15.2B17.3B19.3B22.0B23.1B
Cash23.0B17.5B7.2B9.3B7.6B11.1B
Non Current Assets Total32.4B37.1B54.7B54.9B70.3B73.8B
Non Currrent Assets Other1.3B554.6M1.0B17.5B12.4B13.0B
Cash And Short Term Investments23.0B24.8B8.2B12.2B8.0B12.0B
Net Receivables2.0B2.5B2.5B2.0B3.0B1.5B
Liabilities And Stockholders Equity70.6B79.0B82.1B89.8B105.2B57.1B
Non Current Liabilities Total29.8B33.9B35.2B34.4B32.3B18.4B
Inventory12.8B14.2B15.8B19.3B20.9B21.9B
Other Current Assets220.9M794.4M1.5B1.9B3.1B3.2B
Other Stockholder Equity15.6B18.9B1.0250.8M2.5B2.4B
Total Liab51.3B58.8B61.3B65.2B71.8B37.1B
Total Current Assets38.2B41.9B27.4B34.9B34.9B24.1B
Accumulated Other Comprehensive Income8.1B8.1B7.8B8.5B108.5M113.9M
Current Deferred Revenue6.1B8.8B7.7B1.1B158M150.1M
Short Term Investments12.3M7.2B1.0B2.9B399.8M379.8M
Retained Earnings10.3B11.2B11.8B15.1B32.3B16.2B
Other Liab29.2B32.9B33.0B32.2B37.1B27.1B
Net Tangible Assets19.2B20.2B20.8B24.6B22.1B21.5B
Other Assets1.3B1.6B15.2B14.7B16.9B17.8B
Long Term Debt531.4M317.2M274.7M266.6M239.9M227.9M
Property Plant Equipment24.8B28.2B32.4B34.0B30.6B24.2B
Long Term Debt Total1.4B974.8M2.2B2.2B2.5B2.6B
Net Invested Capital19.9B20.5B21.2B24.9B22.4B21.1B
Non Current Liabilities Other4.3M220.9M199.7M173.5M199.5M111.7M
Net Working Capital16.7B16.9B1.4B4.1B3.7B3.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Nestle Stock

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