Piramal Retained Earnings vs Total Stockholder Equity Analysis

PEL Stock   1,185  5.00  0.42%   
Piramal Enterprises financial indicator trend analysis is much more than just breaking down Piramal Enterprises prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Piramal Enterprises is a good investment. Please check the relationship between Piramal Enterprises Retained Earnings and its Total Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piramal Enterprises 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piramal Enterprises Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Piramal Enterprises' Retained Earnings and Total Stockholder Equity is 0.7. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Piramal Enterprises Limited, assuming nothing else is changed. The correlation between historical values of Piramal Enterprises' Retained Earnings and Total 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 Retained Earnings of Piramal Enterprises Limited are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Piramal Enterprises' Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Piramal Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Piramal Enterprises 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 Piramal Enterprises 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 Discontinued Operations is expected to grow to about 6.9 B, whereas Selling General Administrative is forecasted to decline to about 3.6 B.
 2021 2022 2023 2024 (projected)
Interest Expense44.8B7.1B27.2B16.2B
Depreciation And Amortization6.7B1.2B1.7B2.8B

Piramal Enterprises fundamental ratios Correlations

0.390.11-0.340.31-0.280.250.24-0.180.23-0.08-0.220.06-0.20.431.0-0.11-0.140.061.01.0-0.260.440.15-0.33-0.56
0.39-0.220.560.840.320.990.880.370.690.780.770.70.350.710.380.410.01-0.220.380.370.380.750.77-0.43-0.5
0.11-0.22-0.44-0.46-0.44-0.23-0.11-0.37-0.42-0.43-0.31-0.57-0.230.030.120.190.33-0.150.110.12-0.54-0.21-0.440.07-0.2
-0.340.56-0.440.580.660.650.350.610.350.870.660.560.62-0.03-0.350.05-0.12-0.28-0.34-0.350.790.120.860.210.23
0.310.84-0.460.580.630.810.70.670.880.870.710.890.610.660.30.07-0.40.130.30.290.580.750.7-0.34-0.17
-0.280.32-0.440.660.630.340.10.990.630.730.470.760.940.14-0.29-0.39-0.730.4-0.29-0.290.890.240.430.140.62
0.250.99-0.230.650.810.340.880.390.640.830.830.680.370.640.240.460.07-0.30.240.230.420.680.8-0.37-0.45
0.240.88-0.110.350.70.10.880.160.630.620.830.580.110.80.230.730.28-0.190.230.220.090.760.49-0.58-0.68
-0.180.37-0.370.610.670.990.390.160.680.740.470.770.950.23-0.19-0.38-0.740.44-0.19-0.190.840.310.420.090.56
0.230.69-0.420.350.880.630.640.630.680.720.670.940.570.780.220.09-0.50.440.220.220.50.860.39-0.58-0.11
-0.080.78-0.430.870.870.730.830.620.740.720.820.830.710.4-0.10.13-0.26-0.08-0.09-0.10.760.510.81-0.110.04
-0.220.77-0.310.660.710.470.830.830.470.670.820.720.460.6-0.230.580.08-0.19-0.22-0.230.450.650.57-0.45-0.24
0.060.7-0.570.560.890.760.680.580.770.940.830.720.640.610.040.04-0.480.360.050.040.720.70.53-0.370.03
-0.20.35-0.230.620.610.940.370.110.950.570.710.460.640.18-0.21-0.38-0.720.28-0.2-0.210.770.270.430.110.58
0.430.710.03-0.030.660.140.640.80.230.780.40.60.610.180.420.48-0.070.190.420.42-0.020.90.14-0.78-0.57
1.00.380.12-0.350.3-0.290.240.23-0.190.22-0.1-0.230.04-0.210.42-0.11-0.140.071.01.0-0.270.430.14-0.32-0.56
-0.110.410.190.050.07-0.390.460.73-0.380.090.130.580.04-0.380.48-0.110.78-0.42-0.11-0.12-0.360.360.06-0.51-0.74
-0.140.010.33-0.12-0.4-0.730.070.28-0.74-0.5-0.260.08-0.48-0.72-0.07-0.140.78-0.67-0.14-0.14-0.55-0.22-0.08-0.05-0.62
0.06-0.22-0.15-0.280.130.4-0.3-0.190.440.44-0.08-0.190.360.280.190.07-0.42-0.670.060.070.170.19-0.39-0.10.37
1.00.380.11-0.340.3-0.290.240.23-0.190.22-0.09-0.220.05-0.20.421.0-0.11-0.140.061.0-0.270.430.15-0.32-0.56
1.00.370.12-0.350.29-0.290.230.22-0.190.22-0.1-0.230.04-0.210.421.0-0.12-0.140.071.0-0.270.430.14-0.32-0.56
-0.260.38-0.540.790.580.890.420.090.840.50.760.450.720.77-0.02-0.27-0.36-0.550.17-0.27-0.270.110.620.230.53
0.440.75-0.210.120.750.240.680.760.310.860.510.650.70.270.90.430.36-0.220.190.430.430.110.3-0.86-0.49
0.150.77-0.440.860.70.430.80.490.420.390.810.570.530.430.140.140.06-0.08-0.390.150.140.620.30.05-0.13
-0.33-0.430.070.21-0.340.14-0.37-0.580.09-0.58-0.11-0.45-0.370.11-0.78-0.32-0.51-0.05-0.1-0.32-0.320.23-0.860.050.59
-0.56-0.5-0.20.23-0.170.62-0.45-0.680.56-0.110.04-0.240.030.58-0.57-0.56-0.74-0.620.37-0.56-0.560.53-0.49-0.130.59
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Piramal Enterprises Account Relationship Matchups

Piramal Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets749.1B771.2B998.7B46.8T826.1B784.7B
Short Long Term Debt Total422.4B395.6B557.0B622.6B535.9B562.7B
Other Current Liab(230.3B)(127.4B)17.0B7.9B12.7B13.3B
Total Current Liabilities236.7B133.5B187.0B11.9B168.3B102.0B
Total Stockholder Equity305.7B340.2B354.9B310.6B265.6B165.2B
Property Plant And Equipment Net28.8B33.3B43.1B5.6B6.3B6.0B
Net Debt379.0B338.4B492.6B457.8B503.1B528.3B
Retained Earnings120.1B124.1B163.3B156.4B217.6B228.5B
Accounts Payable9.9B11.8B17.0B4.0B2.9B2.8B
Cash43.4B57.2B64.4B37.3B32.7B17.4B
Non Current Assets Total588.0B572.5B755.6B288.5B602.3B305.1B
Non Currrent Assets Other368.8B350.8B476.8B36.9B460.6B483.7B
Cash And Short Term Investments82.3B101.8B108.6B46.5B54.3B34.0B
Net Receivables54.4B66.4B117.6B8.5B664.6M631.4M
Common Stock Shares Outstanding210.8M239.3M239.2M239.5M231.2M237.0M
Liabilities And Stockholders Equity749.1B771.2B985.3B46.8T826.1B784.7B
Non Current Liabilities Total206.6B286.3B443.4B46.4T392.2B372.6B
Inventory10.6B13.0B15.3B0.0408.5B428.9B
Other Current Assets(103.9B)(124.0B)(177.1B)(55.0B)169.4B177.9B
Other Stockholder Equity97.0B129.5B191.1B65.2B(46.1B)(43.8B)
Total Liab443.4B419.8B630.4B46.5T560.5B532.5B
Total Current Assets161.1B198.7B243.1B46.5T223.8B212.6B
Accumulated Other Comprehensive Income(10.0B)86.2B92.7B88.5B93.7B98.4B
Intangible Assets29.1B27.6B33.8B1.3B2.2B2.1B
Common Stock360.5M368.9M451.1M477.3M449.3M435.2M
Short Term Debt218.3B113.7B116.7B157.8B150.5B109.1B
Good Will11.4B11.1B12.9B2.7B20M19M
Current Deferred Revenue8.7B8.2B52.1B(157.8B)(150.5B)(143.0B)
Short Term Investments38.9B44.6B44.2B9.2B21.6B25.5B
Other Liab2.1B4.0B3.9B19.9B22.9B24.0B
Net Tangible Assets181.9B265.2B301.5B308.2B354.4B178.4B
Other Assets353.7B315.5B446.0B42.0B(590.3B)(560.8B)
Long Term Debt203.1B281.0B437.8B495.1B535.9B275.0B
Short Long Term Debt217.5B33.6B116.7B157.8B150.5B144.7B
Property Plant Equipment28.8B33.3B43.1B5.6B6.4B6.1B
Long Term Debt Total204.5B282.4B439.4B464.8B534.5B292.0B
Deferred Long Term Liab122.3M132.5M77.9M32.1M28.9M27.4M
Capital Lease Obligations52.2M1.8B1.9B2.5B2.9B3.0B
Non Current Liabilities Other1.1B1.4B1.5B45.9T4.2B4.0B

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Other Information on Investing in Piramal Stock

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