Piramal Total Current Liabilities vs Cash Analysis

PEL Stock

872.40 32.90 3.63%

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 Total Current Liabilities and its Cash 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.

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Piramal Enterprises Total Current Liabilities account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between Piramal Enterprises' Total Current Liabilities and Cash is 0.34. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Cash 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' Total Current Liabilities and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Piramal Enterprises Limited are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Current Liabilities i.e., Piramal Enterprises' Total Current Liabilities and Cash go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Piramal Enterprises balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Piramal Enterprises Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Piramal Enterprises, which is listed under current asset account on Piramal Enterprises Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Piramal Enterprises customers. The amounts must be unrestricted with restricted cash listed in a different Piramal Enterprises account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

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.

At present, Piramal Enterprises' Discontinued Operations is projected to increase significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Interest Expense	7.1B	27.2B	31.3B	16.2B
Depreciation And Amortization	1.2B	1.5B	1.7B	2.8B

Interest Expense Depreciation And Amortization

Piramal Enterprises 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Term Debt	Good Will	Current Deferred Revenue
Total Assets		0.34	0.1	-0.34	0.28	-0.26	0.21	0.17	-0.18	0.2	-0.12	-0.22	0.05	-0.18	0.3	1.0	-0.12	-0.15	0.08	1.0	1.0	-0.24	0.35	0.14	-0.29	-0.51
Short Long Term Debt Total	0.34		-0.16	0.56	0.82	0.2	0.99	0.89	0.34	0.76	0.88	0.81	0.67	0.21	0.72	0.32	0.54	0.16	-0.31	0.33	0.32	0.25	0.76	0.75	-0.5	-0.58
Other Current Liab	0.1	-0.16		-0.4	-0.41	-0.45	-0.16	-0.02	-0.37	-0.35	-0.3	-0.22	-0.54	-0.25	0.09	0.11	0.22	0.35	-0.17	0.11	0.11	-0.55	-0.12	-0.41	0.03	-0.23
Total Current Liabilities	-0.34	0.56	-0.4		0.59	0.59	0.64	0.36	0.55	0.34	0.79	0.64	0.57	0.55	0.1	-0.36	0.13	-0.03	-0.32	-0.35	-0.36	0.71	0.2	0.86	0.14	0.13
Total Stockholder Equity	0.28	0.82	-0.41	0.59		0.54	0.79	0.66	0.58	0.85	0.8	0.69	0.89	0.51	0.65	0.27	0.18	-0.25	0.06	0.28	0.27	0.49	0.75	0.71	-0.39	-0.26
Property Plant And Equipment Net	-0.26	0.2	-0.45	0.59	0.54		0.21	-0.05	0.96	0.48	0.48	0.3	0.7	0.94	-0.03	-0.27	-0.44	-0.74	0.44	-0.27	-0.27	0.9	0.09	0.37	0.2	0.64
Net Debt	0.21	0.99	-0.16	0.64	0.79	0.21		0.9	0.34	0.72	0.92	0.86	0.66	0.22	0.69	0.19	0.59	0.23	-0.38	0.2	0.18	0.28	0.71	0.77	-0.45	-0.55
Retained Earnings	0.17	0.89	-0.02	0.36	0.66	-0.05	0.9		0.12	0.71	0.8	0.87	0.54	-0.06	0.84	0.15	0.83	0.44	-0.32	0.16	0.15	-0.06	0.79	0.47	-0.64	-0.74
Accounts Payable	-0.18	0.34	-0.37	0.55	0.58	0.96	0.34	0.12		0.59	0.57	0.41	0.72	0.93	0.1	-0.19	-0.31	-0.68	0.43	-0.19	-0.2	0.82	0.19	0.37	0.09	0.52
Cash	0.2	0.76	-0.35	0.34	0.85	0.48	0.72	0.71	0.59		0.74	0.74	0.91	0.42	0.77	0.18	0.32	-0.25	0.28	0.19	0.18	0.36	0.85	0.39	-0.67	-0.28
Non Current Assets Total	-0.12	0.88	-0.3	0.79	0.8	0.48	0.92	0.8	0.57	0.74		0.94	0.76	0.44	0.57	-0.13	0.49	0.09	-0.27	-0.13	-0.14	0.5	0.61	0.76	-0.31	-0.25
Non Currrent Assets Other	-0.22	0.81	-0.22	0.64	0.69	0.3	0.86	0.87	0.41	0.74	0.94		0.68	0.27	0.68	-0.23	0.69	0.25	-0.3	-0.23	-0.24	0.28	0.7	0.56	-0.53	-0.37
Cash And Short Term Investments	0.05	0.67	-0.54	0.57	0.89	0.7	0.66	0.54	0.72	0.91	0.76	0.68		0.58	0.56	0.03	0.1	-0.38	0.3	0.04	0.03	0.66	0.67	0.55	-0.4	-0.03
Net Receivables	-0.18	0.21	-0.25	0.55	0.51	0.94	0.22	-0.06	0.93	0.42	0.44	0.27	0.58		-0.02	-0.18	-0.45	-0.74	0.33	-0.18	-0.19	0.78	0.1	0.36	0.18	0.61
Common Stock Shares Outstanding	0.3	0.72	0.09	0.1	0.65	-0.03	0.69	0.84	0.1	0.77	0.57	0.68	0.56	-0.02		0.29	0.66	0.2	-0.04	0.29	0.28	-0.16	0.92	0.22	-0.77	-0.66
Non Current Liabilities Total	1.0	0.32	0.11	-0.36	0.27	-0.27	0.19	0.15	-0.19	0.18	-0.13	-0.23	0.03	-0.18	0.29		-0.12	-0.15	0.08	1.0	1.0	-0.25	0.34	0.13	-0.29	-0.5
Inventory	-0.12	0.54	0.22	0.13	0.18	-0.44	0.59	0.83	-0.31	0.32	0.49	0.69	0.1	-0.45	0.66	-0.12		0.8	-0.5	-0.12	-0.13	-0.42	0.53	0.14	-0.57	-0.77
Other Current Assets	-0.15	0.16	0.35	-0.03	-0.25	-0.74	0.23	0.44	-0.68	-0.25	0.09	0.25	-0.38	-0.74	0.2	-0.15	0.8		-0.71	-0.15	-0.15	-0.59	0.03	0.0	-0.16	-0.67
Other Stockholder Equity	0.08	-0.31	-0.17	-0.32	0.06	0.44	-0.38	-0.32	0.43	0.28	-0.27	-0.3	0.3	0.33	-0.04	0.08	-0.5	-0.71		0.08	0.08	0.22	0.01	-0.42	0.01	0.44
Total Liab	1.0	0.33	0.11	-0.35	0.28	-0.27	0.2	0.16	-0.19	0.19	-0.13	-0.23	0.04	-0.18	0.29	1.0	-0.12	-0.15	0.08		1.0	-0.25	0.34	0.14	-0.29	-0.5
Total Current Assets	1.0	0.32	0.11	-0.36	0.27	-0.27	0.18	0.15	-0.2	0.18	-0.14	-0.24	0.03	-0.19	0.28	1.0	-0.13	-0.15	0.08	1.0		-0.25	0.34	0.13	-0.29	-0.5
Intangible Assets	-0.24	0.25	-0.55	0.71	0.49	0.9	0.28	-0.06	0.82	0.36	0.5	0.28	0.66	0.78	-0.16	-0.25	-0.42	-0.59	0.22	-0.25	-0.25		-0.02	0.56	0.29	0.57
Common Stock	0.35	0.76	-0.12	0.2	0.75	0.09	0.71	0.79	0.19	0.85	0.61	0.7	0.67	0.1	0.92	0.34	0.53	0.03	0.01	0.34	0.34	-0.02		0.35	-0.86	-0.59
Short Term Debt	0.14	0.75	-0.41	0.86	0.71	0.37	0.77	0.47	0.37	0.39	0.76	0.56	0.55	0.36	0.22	0.13	0.14	0.0	-0.42	0.14	0.13	0.56	0.35		-0.01	-0.19
Good Will	-0.29	-0.5	0.03	0.14	-0.39	0.2	-0.45	-0.64	0.09	-0.67	-0.31	-0.53	-0.4	0.18	-0.77	-0.29	-0.57	-0.16	0.01	-0.29	-0.29	0.29	-0.86	-0.01		0.64
Current Deferred Revenue	-0.51	-0.58	-0.23	0.13	-0.26	0.64	-0.55	-0.74	0.52	-0.28	-0.25	-0.37	-0.03	0.61	-0.66	-0.5	-0.77	-0.67	0.44	-0.5	-0.5	0.57	-0.59	-0.19	0.64

Click cells to compare fundamentals

Piramal Enterprises Account Relationship Matchups

Piramal Enterprises fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	771.2B	998.7B	46.8T	826.1B	950.0B	902.5B
Short Long Term Debt Total	395.6B	557.0B	622.6B	535.9B	616.2B	647.1B
Other Current Liab	(127.4B)	17.0B	7.9B	12.7B	11.4B	12.0B
Total Current Liabilities	133.5B	187.0B	11.9B	168.3B	193.6B	102.0B
Total Stockholder Equity	340.2B	354.9B	310.6B	265.6B	305.4B	165.2B
Property Plant And Equipment Net	33.3B	43.1B	5.6B	6.3B	7.2B	6.9B
Net Debt	338.4B	492.6B	457.8B	503.1B	578.6B	607.5B
Retained Earnings	124.1B	163.3B	156.4B	217.6B	250.2B	262.7B
Accounts Payable	11.8B	17.0B	4.0B	2.9B	3.4B	6.4B
Cash	57.2B	64.4B	37.3B	32.7B	37.6B	39.5B
Non Current Assets Total	572.5B	755.6B	288.5B	602.3B	692.6B	727.3B
Non Currrent Assets Other	350.8B	476.8B	36.9B	460.6B	529.7B	556.2B
Cash And Short Term Investments	101.8B	108.6B	46.5B	54.3B	62.5B	34.0B
Net Receivables	66.4B	117.6B	8.5B	664.6M	764.3M	726.1M
Common Stock Shares Outstanding	239.3M	239.2M	239.5M	231.2M	265.9M	237.0M
Liabilities And Stockholders Equity	771.2B	985.3B	46.8T	826.1B	950.0B	902.5B
Non Current Liabilities Total	286.3B	443.4B	46.4T	392.2B	451.0B	428.4B
Inventory	13.0B	15.3B	0.0	408.5B	469.8B	493.2B
Other Current Assets	(124.0B)	(177.1B)	(55.0B)	169.4B	152.5B	160.1B
Other Stockholder Equity	129.5B	191.1B	65.2B	(46.1B)	(53.1B)	(50.4B)
Total Liab	419.8B	630.4B	46.5T	560.5B	644.6B	612.3B
Total Current Assets	198.7B	243.1B	46.5T	223.8B	257.3B	244.5B
Accumulated Other Comprehensive Income	86.2B	92.7B	88.5B	93.7B	107.7B	113.1B
Intangible Assets	27.6B	33.8B	1.3B	2.2B	2.5B	2.4B
Short Term Debt	113.7B	116.7B	157.8B	150.5B	173.1B	109.1B
Good Will	11.1B	12.9B	2.7B	20M	18M	17.1M
Current Deferred Revenue	8.2B	52.1B	(157.8B)	(150.5B)	(135.4B)	(128.7B)
Short Term Investments	44.6B	44.2B	9.2B	21.6B	24.8B	25.5B
Other Liab	2.1B	4.0B	3.9B	19.9B	22.9B	24.0B
Net Tangible Assets	181.9B	265.2B	301.5B	308.2B	354.4B	178.4B
Other Assets	315.5B	446.0B	42.0B	(590.3B)	(531.3B)	(504.7B)
Long Term Debt	281.0B	437.8B	495.1B	535.9B	616.2B	647.1B
Short Long Term Debt	33.6B	116.7B	157.8B	150.5B	173.1B	144.7B
Property Plant Equipment	28.8B	33.3B	43.1B	5.6B	6.4B	6.1B
Long Term Debt Total	204.5B	282.4B	439.4B	464.8B	534.5B	292.0B
Deferred Long Term Liab	122.3M	132.5M	77.9M	32.1M	28.9M	27.4M
Capital Lease Obligations	52.2M	1.8B	1.9B	2.5B	2.9B	3.0B
Non Current Liabilities Other	1.4B	1.5B	45.9T	4.2B	4.8B	4.6B

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Piramal Total Current Liabilities vs Cash Analysis

Total Current Liabilities vs Cash

Total Current Liabilities vs Cash Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Cash

Piramal Enterprises fundamental ratios Correlations

Piramal Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Piramal Enterprises fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Piramal Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Non Current Liabilities Total
Total Current Assets	+ 1.0	Total Liab

Good Will	- 0.86	Common Stock
Current Deferred Revenue	- 0.77	Inventory
Good Will	- 0.77	Common Stock Shares Outstanding
Other Current Assets	- 0.74	Net Receivables
Current Deferred Revenue	- 0.74	Retained Earnings
Other Current Assets	- 0.74	Property Plant And Equipment Net