Praj Net Debt vs Accounts Payable Analysis

PRAJIND Stock

823.75 27.95 3.51%

Praj Industries financial indicator trend analysis is much more than just breaking down Praj Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Praj Industries is a good investment. Please check the relationship between Praj Industries Net Debt and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Praj 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 gross domestic product.

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Praj Industries Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.

The correlation between Praj Industries' Net Debt and Accounts Payable is 0.25. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Praj Industries Limited, assuming nothing else is changed. The correlation between historical values of Praj Industries' Net Debt 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 Net Debt of Praj Industries 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 Net Debt i.e., Praj Industries' Net Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.25

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Praj Industries 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 Praj Industries 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 Praj Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Praj 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 Praj 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 gross domestic product.

At present, Praj Industries' Tax Provision is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	8.2B	13.3B	14.7B	15.4B
Total Revenue	22.9B	35.3B	34.7B	36.4B

Gross Profit Total Revenue

Praj Industries fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	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 Long Term Debt Total	Good Will	Short Term Investments	Current Deferred Revenue	Retained Earnings
Total Assets		0.82	0.98	0.78	0.83	0.3	0.93	0.62	0.74	-0.38	0.95	0.98	0.79	0.82	0.73	-0.04	0.11	0.98	0.99	0.42	0.49	0.81	0.52	0.65	0.65	0.82
Other Current Liab	0.82		0.79	0.54	0.77	0.52	0.71	0.46	0.6	-0.35	0.7	0.86	0.59	0.84	0.43	-0.06	0.06	0.82	0.8	0.54	0.22	0.86	0.27	0.44	0.78	0.73
Total Current Liabilities	0.98	0.79		0.72	0.73	0.25	0.94	0.62	0.65	-0.43	0.95	0.96	0.7	0.76	0.8	-0.18	0.16	1.0	0.99	0.36	0.4	0.76	0.41	0.72	0.61	0.8
Total Stockholder Equity	0.78	0.54	0.72		0.65	0.08	0.72	0.62	0.94	-0.14	0.77	0.73	0.59	0.48	0.74	0.21	0.01	0.71	0.77	0.22	0.73	0.46	0.85	0.58	0.26	0.85
Property Plant And Equipment Net	0.83	0.77	0.73	0.65		0.38	0.68	0.55	0.79	-0.13	0.66	0.83	0.8	0.84	0.32	0.09	0.14	0.76	0.77	0.53	0.62	0.83	0.59	0.16	0.75	0.6
Net Debt	0.3	0.52	0.25	0.08	0.38		0.25	-0.3	0.19	-0.51	0.11	0.44	0.04	0.57	0.02	-0.06	-0.19	0.29	0.27	0.42	-0.29	0.6	-0.03	0.16	0.6	0.4
Accounts Payable	0.93	0.71	0.94	0.72	0.68	0.25		0.54	0.64	-0.5	0.94	0.91	0.71	0.72	0.75	-0.02	0.01	0.94	0.94	0.11	0.4	0.7	0.4	0.74	0.5	0.78
Cash	0.62	0.46	0.62	0.62	0.55	-0.3	0.54		0.64	0.05	0.66	0.52	0.52	0.54	0.4	-0.08	0.35	0.62	0.62	0.29	0.49	0.51	0.39	0.37	0.45	0.56
Non Current Assets Total	0.74	0.6	0.65	0.94	0.79	0.19	0.64	0.64		-0.12	0.64	0.71	0.6	0.58	0.54	0.23	-0.01	0.66	0.7	0.33	0.75	0.56	0.83	0.35	0.41	0.79
Non Currrent Assets Other	-0.38	-0.35	-0.43	-0.14	-0.13	-0.51	-0.5	0.05	-0.12		-0.36	-0.47	-0.12	-0.4	-0.38	0.2	0.51	-0.44	-0.4	-0.08	0.23	-0.39	0.18	-0.52	-0.28	-0.4
Cash And Short Term Investments	0.95	0.7	0.95	0.77	0.66	0.11	0.94	0.66	0.64	-0.36		0.9	0.74	0.7	0.79	-0.05	0.14	0.95	0.97	0.29	0.44	0.68	0.47	0.78	0.5	0.8
Net Receivables	0.98	0.86	0.96	0.73	0.83	0.44	0.91	0.52	0.71	-0.47	0.9		0.73	0.83	0.69	-0.09	0.08	0.97	0.97	0.46	0.42	0.84	0.46	0.63	0.7	0.82
Common Stock Shares Outstanding	0.79	0.59	0.7	0.59	0.8	0.04	0.71	0.52	0.6	-0.12	0.74	0.73		0.66	0.4	0.34	-0.07	0.71	0.76	0.32	0.7	0.62	0.57	0.21	0.44	0.4
Non Current Liabilities Total	0.82	0.84	0.76	0.48	0.84	0.57	0.72	0.54	0.58	-0.4	0.7	0.83	0.66		0.3	-0.03	0.08	0.8	0.78	0.6	0.17	0.99	0.23	0.38	0.92	0.68
Inventory	0.73	0.43	0.8	0.74	0.32	0.02	0.75	0.4	0.54	-0.38	0.79	0.69	0.4	0.3		-0.07	0.0	0.76	0.78	0.03	0.37	0.29	0.46	0.83	0.1	0.72
Other Current Assets	-0.04	-0.06	-0.18	0.21	0.09	-0.06	-0.02	-0.08	0.23	0.2	-0.05	-0.09	0.34	-0.03	-0.07		-0.59	-0.16	-0.09	-0.24	0.38	-0.11	0.39	-0.21	-0.24	-0.06
Other Stockholder Equity	0.11	0.06	0.16	0.01	0.14	-0.19	0.01	0.35	-0.01	0.51	0.14	0.08	-0.07	0.08	0.0	-0.59		0.16	0.13	0.25	0.0	0.13	-0.02	0.05	0.29	0.09
Total Liab	0.98	0.82	1.0	0.71	0.76	0.29	0.94	0.62	0.66	-0.44	0.95	0.97	0.71	0.8	0.76	-0.16	0.16		0.99	0.39	0.39	0.8	0.4	0.7	0.65	0.81
Total Current Assets	0.99	0.8	0.99	0.77	0.77	0.27	0.94	0.62	0.7	-0.4	0.97	0.97	0.76	0.78	0.78	-0.09	0.13	0.99		0.38	0.45	0.78	0.48	0.71	0.61	0.82
Intangible Assets	0.42	0.54	0.36	0.22	0.53	0.42	0.11	0.29	0.33	-0.08	0.29	0.46	0.32	0.6	0.03	-0.24	0.25	0.39	0.38		0.07	0.64	0.19	0.04	0.71	0.36
Common Stock	0.49	0.22	0.4	0.73	0.62	-0.29	0.4	0.49	0.75	0.23	0.44	0.42	0.7	0.17	0.37	0.38	0.0	0.39	0.45	0.07		0.14	0.86	-0.01	-0.02	0.29
Short Long Term Debt Total	0.81	0.86	0.76	0.46	0.83	0.6	0.7	0.51	0.56	-0.39	0.68	0.84	0.62	0.99	0.29	-0.11	0.13	0.8	0.78	0.64	0.14		0.21	0.38	0.95	0.68
Good Will	0.52	0.27	0.41	0.85	0.59	-0.03	0.4	0.39	0.83	0.18	0.47	0.46	0.57	0.23	0.46	0.39	-0.02	0.4	0.48	0.19	0.86	0.21		0.18	0.03	0.51
Short Term Investments	0.65	0.44	0.72	0.58	0.16	0.16	0.74	0.37	0.35	-0.52	0.78	0.63	0.21	0.38	0.83	-0.21	0.05	0.7	0.71	0.04	-0.01	0.38	0.18		0.22	0.79
Current Deferred Revenue	0.65	0.78	0.61	0.26	0.75	0.6	0.5	0.45	0.41	-0.28	0.5	0.7	0.44	0.92	0.1	-0.24	0.29	0.65	0.61	0.71	-0.02	0.95	0.03	0.22		0.54
Retained Earnings	0.82	0.73	0.8	0.85	0.6	0.4	0.78	0.56	0.79	-0.4	0.8	0.82	0.4	0.68	0.72	-0.06	0.09	0.81	0.82	0.36	0.29	0.68	0.51	0.79	0.54

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Praj Industries Account Relationship Matchups

Praj Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.6B	15.9B	22.1B	26.2B	29.0B	30.4B
Other Current Liab	2.2B	427.2M	654.4M	8.3B	9.1B	9.6B
Total Current Liabilities	4.1B	7.6B	12.6B	15.0B	14.6B	15.3B
Total Stockholder Equity	7.2B	8.0B	9.2B	10.8B	12.7B	6.6B
Property Plant And Equipment Net	2.2B	2.1B	2.1B	2.4B	4.1B	4.3B
Net Debt	(250.7M)	(834.5M)	(863.7M)	(564.4M)	9.2M	9.6M
Accounts Payable	1.9B	3.4B	4.2B	5.1B	5.0B	5.2B
Cash	458.4M	1.0B	1.1B	985.8M	1.7B	965.7M
Non Current Assets Total	3.8B	3.6B	3.7B	4.4B	6.7B	3.6B
Non Currrent Assets Other	289.7M	292.5M	254.8M	281.2M	79.8M	75.8M
Cash And Short Term Investments	1.7B	4.3B	5.5B	6.2B	5.8B	6.1B
Net Receivables	4.5B	5.9B	7.9B	11.0B	12.3B	13.0B
Common Stock Shares Outstanding	183.2M	183.3M	183.7M	183.8M	183.7M	197.5M
Liabilities And Stockholders Equity	11.6B	15.9B	22.1B	26.2B	29.0B	30.4B
Non Current Liabilities Total	323.4M	270.2M	318.1M	400.7M	1.6B	1.7B
Inventory	1.1B	1.3B	3.5B	3.3B	2.2B	1.4B
Other Current Assets	5.0B	887.4M	1.6B	1.4B	1.6B	1.8B
Other Stockholder Equity	(6.1B)	982.3M	1.0B	1.0B	2.0B	1.3B
Total Liab	4.4B	7.9B	13.0B	15.4B	16.2B	17.0B
Total Current Assets	7.8B	12.4B	18.4B	21.8B	22.2B	23.4B
Accumulated Other Comprehensive Income	(2.3B)	1.4B	1.3B	1.2B	30.4M	31.9M
Intangible Assets	8.2M	11.0M	18.8M	39.9M	447.6M	469.9M
Common Stock	366.3M	366.5M	367.3M	367.4M	367.6M	338.8M
Short Long Term Debt Total	207.7M	176.6M	210.9M	421.4M	1.7B	1.8B
Short Term Investments	1.3B	3.3B	4.4B	5.2B	4.2B	2.6B
Current Deferred Revenue	(56.1M)	400.8M	572.7M	1.2B	7.7B	8.0B
Retained Earnings	4.5B	5.3B	6.4B	8.2B	10.3B	6.0B
Short Term Debt	56.1M	(3.7B)	(7.6B)	(996.9M)	276.1M	289.9M
Other Liab	171.8M	157.0M	170.5M	138.0M	158.7M	171.2M
Net Tangible Assets	6.8B	6.6B	7.4B	8.5B	9.8B	7.2B
Other Assets	470.3M	396.7M	274.1M	113.7M	130.8M	124.3M
Property Plant Equipment	2.2B	2.1B	2.1B	2.4B	2.2B	1.8B
Capital Surpluse	977.3M	982.3M	1.0B	1.0B	1.2B	975.5M
Cash And Equivalents	232.8M	455.5M	612.2M	495.0M	569.2M	446.1M
Net Invested Capital	7.2B	8.0B	9.2B	10.8B	12.7B	9.8B

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

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Praj Net Debt vs Accounts Payable Analysis

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Debt

Accounts Payable

Praj Industries fundamental ratios Correlations

Praj Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Praj Industries fundamental ratios Accounts

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Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Current Liabilities
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Total Current Assets	+ 0.99	Total Liab
Total Current Liabilities	+ 0.98	Total Assets

Other Stockholder Equity	- 0.59	Other Current Assets
Short Term Investments	- 0.52	Non Currrent Assets Other
Non Currrent Assets Other	- 0.51	Net Debt
Non Currrent Assets Other	- 0.5	Accounts Payable
Net Receivables	- 0.47	Non Currrent Assets Other
Total Liab	- 0.44	Non Currrent Assets Other