Pidilite Dividends Paid vs Stock Based Compensation Analysis

PIDILITIND   2,957  26.00  0.89%   
Pidilite Industries financial indicator trend analysis is much more than just breaking down Pidilite Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pidilite Industries is a good investment. Please check the relationship between Pidilite Industries Dividends Paid and its Stock Based Compensation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pidilite Industries 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.

Dividends Paid vs Stock Based Compensation

Dividends Paid vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pidilite Industries Dividends Paid account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Pidilite Industries' Dividends Paid and Stock Based Compensation is 0.46. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Pidilite Industries Limited, assuming nothing else is changed. The correlation between historical values of Pidilite Industries' Dividends Paid and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Pidilite Industries Limited are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Dividends Paid i.e., Pidilite Industries' Dividends Paid and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Pidilite Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pidilite Industries 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 Pidilite Industries 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.
Selling General Administrative is likely to drop to about 1.2 B in 2024. Tax Provision is likely to drop to about 4.6 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit43.9B50.4B45.8B25.2B
Total Revenue98.8B118.0B123.8B130.0B

Pidilite Industries fundamental ratios Correlations

0.850.890.991.00.97-0.180.990.750.98-0.090.730.970.93-0.520.60.880.80.060.120.990.970.930.360.970.2
0.850.840.880.830.82-0.190.880.780.89-0.310.40.80.89-0.180.210.940.88-0.03-0.180.890.750.890.240.850.37
0.890.840.920.870.89-0.080.880.680.93-0.360.540.780.94-0.510.40.850.65-0.18-0.120.930.780.930.180.920.04
0.990.880.920.970.97-0.220.990.780.99-0.180.660.950.94-0.490.510.890.80.020.051.00.930.950.410.960.24
1.00.830.870.970.96-0.170.980.730.97-0.050.760.970.91-0.530.640.870.790.080.150.980.970.920.350.960.18
0.970.820.890.970.96-0.210.950.750.96-0.240.690.910.89-0.530.560.820.75-0.010.040.960.920.890.410.950.14
-0.18-0.19-0.08-0.22-0.17-0.21-0.15-0.73-0.110.23-0.39-0.20.020.15-0.21-0.010.06-0.210.39-0.18-0.260.01-0.22-0.160.1
0.990.880.880.990.980.95-0.150.740.99-0.110.640.970.95-0.460.50.910.840.020.10.990.930.960.370.950.3
0.750.780.680.780.730.75-0.730.740.72-0.360.590.710.64-0.390.360.640.520.09-0.350.770.730.640.280.740.12
0.980.890.930.990.970.96-0.110.990.72-0.220.60.930.98-0.480.450.920.82-0.040.060.990.890.980.30.960.27
-0.09-0.31-0.36-0.18-0.05-0.240.23-0.11-0.36-0.220.260.07-0.280.140.42-0.17-0.020.510.72-0.190.1-0.230.26-0.210.05
0.730.40.540.660.760.69-0.390.640.590.60.260.740.46-0.590.960.440.320.280.220.650.870.480.30.7-0.3
0.970.80.780.950.970.91-0.20.970.710.930.070.740.85-0.460.620.850.810.090.230.940.970.870.430.910.27
0.930.890.940.940.910.890.020.950.640.98-0.280.460.85-0.440.330.930.81-0.150.030.960.81.00.190.920.29
-0.52-0.18-0.51-0.49-0.53-0.530.15-0.46-0.39-0.480.14-0.59-0.46-0.44-0.55-0.150.020.040.02-0.49-0.53-0.430.06-0.550.33
0.60.210.40.510.640.56-0.210.50.360.450.420.960.620.33-0.550.30.20.30.370.50.760.350.260.57-0.39
0.880.940.850.890.870.82-0.010.910.640.92-0.170.440.850.93-0.150.30.91-0.070.030.910.780.930.220.870.39
0.80.880.650.80.790.750.060.840.520.82-0.020.320.810.810.020.20.910.090.140.80.720.820.440.740.6
0.06-0.03-0.180.020.08-0.01-0.210.020.09-0.040.510.280.09-0.150.040.3-0.070.090.21-0.010.19-0.120.28-0.020.11
0.12-0.18-0.120.050.150.040.390.1-0.350.060.720.220.230.030.020.370.030.140.210.040.20.070.32-0.070.16
0.990.890.931.00.980.96-0.180.990.770.99-0.190.650.940.96-0.490.50.910.8-0.010.040.920.960.360.970.23
0.970.750.780.930.970.92-0.260.930.730.890.10.870.970.8-0.530.760.780.720.190.20.920.820.410.920.09
0.930.890.930.950.920.890.010.960.640.98-0.230.480.871.0-0.430.350.930.82-0.120.070.960.820.210.920.32
0.360.240.180.410.350.41-0.220.370.280.30.260.30.430.190.060.260.220.440.280.320.360.410.210.240.29
0.970.850.920.960.960.95-0.160.950.740.96-0.210.70.910.92-0.550.570.870.74-0.02-0.070.970.920.920.240.08
0.20.370.040.240.180.140.10.30.120.270.05-0.30.270.290.33-0.390.390.60.110.160.230.090.320.290.08
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Pidilite Industries Account Relationship Matchups

Pidilite Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.4B88.3B95.2B105.3B121.0B127.1B
Short Long Term Debt Total2.9B3.3B4.2B3.9B3.8B2.6B
Other Current Liab2.1B11.4B9.4B10.6B14.1B14.8B
Total Current Liabilities16.1B24.3B23.3B24.1B28.0B29.4B
Total Stockholder Equity44.6B55.9B64.0B72.1B84.1B88.3B
Property Plant And Equipment Net15.5B17.4B19.8B24.1B27.0B28.4B
Net Debt(4.0B)(1.1B)637.6M803.7M(1.3B)(1.3B)
Accounts Payable6.4B10.1B10.5B10.6B11.5B12.0B
Cash6.9B4.4B3.5B3.1B5.2B5.4B
Non Current Assets Total27.7B53.2B55.0B59.6B62.7B65.8B
Non Currrent Assets Other2.3B2.4B2.6B2.7B2.0B1.9B
Cash And Short Term Investments14.2B6.3B5.3B9.4B24.0B25.2B
Net Receivables11.8B13.9B15.0B16.0B17.5B18.3B
Good Will1.8B12.8B12.9B12.9B12.8B13.5B
Common Stock Shares Outstanding508.2M508.6M508.5M508.7M509.0M409.1M
Short Term Investments7.3B1.8B1.7B6.3B18.7B19.6B
Liabilities And Stockholders Equity65.4B88.3B95.2B105.3B121.0B127.1B
Non Current Liabilities Total2.5B5.6B5.9B6.7B6.9B3.8B
Inventory9.3B12.3B17.0B18.2B14.1B7.8B
Other Current Assets9.6B2.6B2.9B2.9B2.8B3.1B
Other Stockholder Equity648.7M14.1B14.2B14.5B15.4B14.1B
Total Liab18.6B30.0B29.1B30.8B34.9B36.6B
Total Current Assets37.6B35.2B40.2B45.6B58.4B61.3B
Accumulated Other Comprehensive Income(11.3B)13.8B13.8B14.0B83.6B87.7B
Intangible Assets3.3B16.9B16.6B16.2B16.1B17.0B
Common Stock508M508.1M508.2M508.3M508.6M491.3M
Retained Earnings30.0B41.3B49.3B57.1B68.2B71.6B
Current Deferred Revenue5.9B9.5B6.9B10.2B278.6M264.7M
Short Term Debt1.8B2.4B3.2B2.1B1.9B1.5B
Other Liab1.4B4.7B4.9B4.9B5.7B6.0B
Net Tangible Assets39.4B26.2B34.6B43.0B49.4B32.9B
Other Assets2.4B2.5B2.8B1.7B2.0B1.9B
Short Long Term Debt1.5B2.0B2.9B1.6B1.3B1.4B
Property Plant Equipment15.5B17.4B19.8B24.1B27.7B15.3B
Long Term Debt71.1M85.1M251.3M123.9M17.2M0.0
Long Term Debt Total1.1B930.7M977.6M1.8B2.0B2.1B
Capital Surpluse232.1M260.4M465.1M500.5M450.5M288.1M
Cash And Equivalents5.1B1.9B1.1B575.3M661.6M628.5M
Net Invested Capital46.3B58.1B66.9B73.8B85.4B64.4B

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