Patanjali Non Currrent Assets Other vs Other Stockholder Equity Analysis

PATANJALI   1,755  6.95  0.39%   
Patanjali Foods financial indicator trend analysis is much more than just breaking down Patanjali Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patanjali Foods is a good investment. Please check the relationship between Patanjali Foods Non Currrent Assets Other and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patanjali Foods 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 board of governors.

Non Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patanjali Foods Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Patanjali Foods' Non Currrent Assets Other and Other Stockholder Equity is 0.29. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Patanjali Foods Limited, assuming nothing else is changed. The correlation between historical values of Patanjali Foods' Non Currrent Assets Other and Other Stockholder Equity 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 Currrent Assets Other of Patanjali Foods Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Patanjali Foods' Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Stockholder Equity

Most indicators from Patanjali Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patanjali Foods 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patanjali Foods 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 4.4 B, whereas Tax Provision is forecasted to decline to about 1.5 B.
 2021 2022 2023 2024 (projected)
Interest Expense3.3B2.4B2.0B3.6B
Depreciation And Amortization1.4B1.6B2.5B1.4B

Patanjali Foods fundamental ratios Correlations

0.160.560.480.310.28-0.090.30.330.530.060.260.570.770.33-0.10.790.540.320.490.920.450.53-0.290.21-0.29
0.160.380.82-0.80.350.89-0.810.220.220.190.010.090.19-0.13-0.06-0.180.27-0.550.860.080.040.41-0.590.92-0.06
0.560.380.55-0.18-0.160.02-0.13-0.140.76-0.40.160.680.580.040.030.550.5-0.150.60.690.380.55-0.350.33-0.69
0.480.820.55-0.640.170.67-0.680.540.31-0.060.270.220.620.2-0.40.060.23-0.30.980.470.410.68-0.480.91-0.37
0.31-0.8-0.18-0.640.05-0.840.95-0.240.10.110.060.25-0.050.240.060.580.180.78-0.670.26-0.01-0.330.38-0.740.17
0.280.35-0.160.170.050.43-0.070.01-0.180.96-0.14-0.12-0.13-0.040.010.110.030.160.19-0.1-0.14-0.16-0.310.310.75
-0.090.890.020.67-0.840.43-0.860.36-0.250.35-0.05-0.360.03-0.16-0.05-0.44-0.13-0.580.71-0.22-0.120.32-0.540.820.19
0.3-0.81-0.13-0.680.95-0.07-0.86-0.260.120.0-0.040.230.030.090.310.530.170.58-0.660.28-0.09-0.280.3-0.830.06
0.330.22-0.140.54-0.240.010.36-0.26-0.3-0.080.23-0.320.610.29-0.37-0.12-0.23-0.040.490.340.270.58-0.210.39-0.21
0.530.220.760.310.1-0.18-0.250.12-0.3-0.350.150.970.350.09-0.030.570.840.090.320.640.350.18-0.080.2-0.53
0.060.19-0.4-0.060.110.960.350.0-0.08-0.35-0.16-0.26-0.35-0.050.04-0.02-0.10.17-0.05-0.32-0.22-0.36-0.170.150.91
0.260.010.160.270.06-0.14-0.05-0.040.230.15-0.160.190.190.94-0.520.30.250.290.170.310.360.130.140.21-0.19
0.570.090.680.220.25-0.12-0.360.23-0.320.97-0.260.190.290.2-0.130.660.820.270.20.630.460.10.030.11-0.43
0.770.190.580.62-0.05-0.130.030.030.610.35-0.350.190.290.2-0.110.390.21-0.080.640.860.440.8-0.270.28-0.64
0.33-0.130.040.20.24-0.04-0.160.090.290.09-0.050.940.20.2-0.630.370.220.460.060.330.50.080.310.14-0.07
-0.1-0.060.03-0.40.060.01-0.050.31-0.37-0.030.04-0.52-0.13-0.11-0.63-0.010.04-0.45-0.18-0.11-0.56-0.08-0.32-0.430.05
0.79-0.180.550.060.580.11-0.440.53-0.120.57-0.020.30.660.390.37-0.010.590.560.060.760.480.20.02-0.17-0.26
0.540.270.50.230.180.03-0.130.17-0.230.84-0.10.250.820.210.220.040.590.150.260.550.230.090.00.21-0.26
0.32-0.55-0.15-0.30.780.16-0.580.58-0.040.090.170.290.27-0.080.46-0.450.560.15-0.430.240.24-0.220.38-0.360.2
0.490.860.60.98-0.670.190.71-0.660.490.32-0.050.170.20.640.06-0.180.060.26-0.430.480.310.71-0.590.87-0.38
0.920.080.690.470.26-0.1-0.220.280.340.64-0.320.310.630.860.33-0.110.760.550.240.480.510.64-0.210.14-0.63
0.450.040.380.41-0.01-0.14-0.12-0.090.270.35-0.220.360.460.440.5-0.560.480.230.240.310.510.390.290.26-0.38
0.530.410.550.68-0.33-0.160.32-0.280.580.18-0.360.130.10.80.08-0.080.20.09-0.220.710.640.39-0.370.42-0.63
-0.29-0.59-0.35-0.480.38-0.31-0.540.3-0.21-0.08-0.170.140.03-0.270.31-0.320.020.00.38-0.59-0.210.29-0.37-0.420.08
0.210.920.330.91-0.740.310.82-0.830.390.20.150.210.110.280.14-0.43-0.170.21-0.360.870.140.260.42-0.42-0.08
-0.29-0.06-0.69-0.370.170.750.190.06-0.21-0.530.91-0.19-0.43-0.64-0.070.05-0.26-0.260.2-0.38-0.63-0.38-0.630.08-0.08
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Patanjali Foods Account Relationship Matchups

Patanjali Foods fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.7B90.1B114.8B132.4B132.6B110.7B
Short Long Term Debt Total36.1B36.6B37.0B14.5B10.5B10.0B
Other Current Liab448.7M4.3B5.0B1.3B3.9B3.7B
Total Current Liabilities12.2B17.3B22.6B32.0B30.3B28.8B
Total Stockholder Equity33.7B40.6B61.7B98.5B102.1B107.2B
Property Plant And Equipment Net35.8B34.7B34.0B36.6B35.1B28.8B
Net Debt33.1B36.1B33.2B6.5B2.2B2.0B
Retained Earnings23.0B29.8B37.9B44.9B46.2B48.5B
Accounts Payable1.7B4.8B7.2B13.4B15.9B18.1B
Cash1.5B462.7M3.7B8.0B8.3B7.8B
Non Current Assets Total52.6B53.2B51.2B54.2B54.9B37.7B
Non Currrent Assets Other(51.0B)1.5B1.3B1.1B4.0B4.2B
Cash And Short Term Investments1.7B580.3M3.9B14.8B18.5B9.5B
Net Receivables10.8B8.0B12.4B23.5B14.4B22.2B
Liabilities And Stockholders Equity78.7B90.1B114.8B132.4B132.6B110.7B
Non Current Liabilities Total32.7B32.2B30.5B1.9B205.8M195.5M
Inventory13.5B23.6B29.1B40.7B37.7B25.4B
Other Current Assets30.5M8.2B30.6B29.4B9.2B12.9B
Total Liab45.0B49.5B53.1B34.0B30.6B29.0B
Total Current Assets26.1B36.9B63.6B78.3B77.7B73.1B
Current Deferred Revenue3.4B2.8B3.1B3.6B558.0M530.1M
Short Term Investments130.3M117.6M131.8M6.8B1.1B1.7B
Short Term Debt6.6B7.8B9.9B13.8B10.5B10.0B
Intangible Assets15.2B15.2B15.2B15.5B15.4B10.3B
Other Assets1.5B3.2B1.7B729.6M839.0M1.6B
Accumulated Other Comprehensive Income5.6B5.7B5.8B6.2B4.2B5.7B
Property Plant Equipment35.8B34.7B34.0B36.6B33.0B28.6B

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Other Information on Investing in Patanjali Stock

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