Sakar Non Current Liabilities Total vs Accounts Payable Analysis

SAKAR Stock   286.25  1.40  0.49%   
Sakar Healthcare financial indicator trend analysis is much more than just breaking down Sakar Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sakar Healthcare is a good investment. Please check the relationship between Sakar Healthcare Non Current Liabilities Total and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sakar Healthcare 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 metropolitan statistical area.

Non Current Liabilities Total vs Accounts Payable

Non Current Liabilities Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sakar Healthcare Non Current Liabilities Total account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sakar Healthcare's Non Current Liabilities Total and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sakar Healthcare Limited, assuming nothing else is changed. The correlation between historical values of Sakar Healthcare's Non Current Liabilities Total 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 Non Current Liabilities Total of Sakar Healthcare 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 Non Current Liabilities Total i.e., Sakar Healthcare's Non Current Liabilities Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Accounts Payable

An accounting item on the balance sheet that represents Sakar Healthcare 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 Sakar Healthcare 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 Sakar Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sakar Healthcare 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sakar Healthcare 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 metropolitan statistical area.
At this time, Sakar Healthcare's Selling General Administrative is very stable compared to the past year. As of the 23rd of November 2024, Issuance Of Capital Stock is likely to grow to about 402.7 M, while Tax Provision is likely to drop about 27.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit534.1M598.1M699.6M377.4M
Total Revenue1.3B1.3B1.5B812.9M

Sakar Healthcare fundamental ratios Correlations

0.770.60.990.981.00.770.990.94-0.291.00.570.30.410.660.580.780.940.770.960.820.990.810.830.870.99
0.770.570.820.640.781.00.740.85-0.40.780.710.110.740.550.491.00.590.510.590.990.710.620.690.740.73
0.60.570.610.560.590.570.620.62-0.270.590.290.030.580.550.490.590.430.580.510.630.630.250.650.620.59
0.990.820.610.950.990.820.970.97-0.360.990.580.290.460.620.510.830.920.750.920.870.970.80.80.840.97
0.980.640.560.950.980.640.980.88-0.220.980.50.330.270.660.590.650.960.780.990.710.980.80.830.870.99
1.00.780.590.990.980.780.990.95-0.311.00.580.30.420.640.570.790.940.760.950.830.980.810.830.870.99
0.771.00.570.820.640.780.740.85-0.40.780.710.110.740.550.491.00.590.510.580.990.710.610.690.740.73
0.990.740.620.970.980.990.740.94-0.280.990.560.390.410.690.580.750.930.750.950.80.980.730.880.91.0
0.940.850.620.970.880.950.850.94-0.420.950.50.340.590.630.440.870.860.710.840.890.930.670.810.830.92
-0.29-0.4-0.27-0.36-0.22-0.31-0.4-0.28-0.42-0.3-0.21-0.22-0.26-0.12-0.01-0.41-0.23-0.15-0.17-0.41-0.25-0.13-0.25-0.23-0.28
1.00.780.590.990.981.00.780.990.95-0.30.590.310.420.650.570.790.940.760.950.830.980.810.830.870.99
0.570.710.290.580.50.580.710.560.5-0.210.590.220.270.550.50.70.380.350.460.70.510.580.560.620.58
0.30.110.030.290.330.30.110.390.34-0.220.310.22-0.140.26-0.210.160.380.00.280.220.26-0.070.490.40.37
0.410.740.580.460.270.420.740.410.59-0.260.420.27-0.140.350.390.760.170.290.190.70.380.120.430.410.37
0.660.550.550.620.660.640.550.690.63-0.120.650.550.260.350.660.580.470.750.620.620.720.410.810.870.7
0.580.490.490.510.590.570.490.580.44-0.010.570.5-0.210.390.660.490.40.610.590.520.610.540.660.70.6
0.781.00.590.830.650.791.00.750.87-0.410.790.70.160.760.580.490.590.520.590.990.720.580.720.760.74
0.940.590.430.920.960.940.590.930.86-0.230.940.380.380.170.470.40.590.670.960.650.920.790.720.760.93
0.770.510.580.750.780.760.510.750.71-0.150.760.350.00.290.750.610.520.670.770.560.830.650.610.70.76
0.960.590.510.920.990.950.580.950.84-0.170.950.460.280.190.620.590.590.960.770.650.970.840.780.830.96
0.820.990.630.870.710.830.990.80.89-0.410.830.70.220.70.620.520.990.650.560.650.770.610.790.820.79
0.990.710.630.970.980.980.710.980.93-0.250.980.510.260.380.720.610.720.920.830.970.770.790.840.880.99
0.810.620.250.80.80.810.610.730.67-0.130.810.58-0.070.120.410.540.580.790.650.840.610.790.490.60.77
0.830.690.650.80.830.830.690.880.81-0.250.830.560.490.430.810.660.720.720.610.780.790.840.490.980.88
0.870.740.620.840.870.870.740.90.83-0.230.870.620.40.410.870.70.760.760.70.830.820.880.60.980.9
0.990.730.590.970.990.990.731.00.92-0.280.990.580.370.370.70.60.740.930.760.960.790.990.770.880.9
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Sakar Healthcare Account Relationship Matchups

Sakar Healthcare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.8B2.7B3.4B4.0B4.1B
Short Long Term Debt Total167.0M426.0M928.6M1.1B793.5M456.4M
Other Current Liab4.9M22.4M52.9M37.4M41.9M28.2M
Total Current Liabilities142.4M332.7M467.6M544.9M590.6M620.1M
Total Stockholder Equity813.2M984.5M1.3B1.7B2.6B2.8B
Property Plant And Equipment Net893.7M1.4B2.2B2.7B3.1B3.3B
Net Debt164.0M425.1M928.3M1.1B790.9M453.3M
Retained Earnings310.0M409.4M558.9M688.6M805.4M845.6M
Accounts Payable54.4M197.8M305.0M260.9M274.5M288.3M
Cash3.0M824.6K298K933K2.6M2.2M
Non Current Assets Total934.7M1.4B2.2B2.8B3.2B3.3B
Non Currrent Assets Other8.2M8.2M1K70.3M21.4M12.0M
Other Assets146.8M260.5M(1K)70.3M65.4M56.1M
Cash And Short Term Investments3.0M824.6K71.4M35.2M4.7M4.4M
Net Receivables82.3M123.7M141.8M220.8M209.1M121.3M
Common Stock Shares Outstanding15.0M150.8K15.1M18.6M20.5M12.9M
Liabilities And Stockholders Equity1.2B1.8B2.7B3.4B3.9B4.1B
Non Current Liabilities Total195.7M460.7M935.4M1.1B738.1M447.5M
Inventory109.3M157.0M141.8M154.0M280.6M294.7M
Other Current Assets21.1M55.7M145.2M149.2M225.0M236.3M
Other Stockholder Equity348.2M417.4M546.2M860.4M1.6B1.6B
Total Liab338.0M793.4M1.4B1.6B1.3B719.3M
Total Current Assets216.5M337.2M500.2M559.2M716.1M751.9M
Accumulated Other Comprehensive Income5.3M(1.6M)(3.9M)(6.0M)40.9M43.0M
Short Term Debt41.4M41.5M78.5M187.4M213.8M224.5M
Other Liab70.9M76.2M85.3M102.7M118.1M79.5M
Net Tangible Assets780.4M977.2M1.3B1.7B2.0B2.1B
Current Deferred Revenue25.3M71.3M54.1M97.4M17.8M16.9M
Long Term Debt124.7M384.5M850.1M982.3M1.1B1.2B
Long Term Debt Total124.7M384.5M850.1M982.3M1.1B1.2B
Short Long Term Debt42.3M41.5M45.2M130.2M149.7M157.2M
Property Plant Equipment755.0M1.2B2.1B2.7B3.1B3.3B
Cash And Equivalents3.0M824.7K1K933K839.7K797.7K
Net Invested Capital980.2M1.4B2.2B2.8B3.3B3.4B
Net Working Capital74.1M4.5M32.6M14.2M12.8M12.2M
Intangible Assets53.8M32.8M7.3M0.014.6M15.1M

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Other Information on Investing in Sakar Stock

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