Tribhovandas Accounts Payable vs Common Stock Shares Outstanding Analysis

TBZ Stock   178.03  1.49  0.83%   
Tribhovandas Bhimji financial indicator trend analysis is much more than just breaking down Tribhovandas Bhimji prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tribhovandas Bhimji is a good investment. Please check the relationship between Tribhovandas Bhimji Accounts Payable and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tribhovandas Bhimji Zaveri. 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.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tribhovandas Bhimji Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Tribhovandas Bhimji's Accounts Payable and Common Stock Shares Outstanding is 0.24. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Tribhovandas Bhimji Zaveri, assuming nothing else is changed. The correlation between historical values of Tribhovandas Bhimji's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tribhovandas Bhimji Zaveri are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Tribhovandas Bhimji's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Tribhovandas Bhimji 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 Tribhovandas Bhimji 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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Tribhovandas Bhimji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tribhovandas Bhimji 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 Tribhovandas Bhimji Zaveri. 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 Selling General Administrative is expected to grow to about 1.1 B. The current year's Tax Provision is expected to grow to about 207.2 M
 2022 2023 2024 2025 (projected)
Interest Expense447.7M498.2M573.0M441.3M
Depreciation And Amortization244.8M236.9M272.4M161.2M

Tribhovandas Bhimji fundamental ratios Correlations

0.950.20.940.960.88-0.090.950.860.420.050.90.330.710.080.940.570.61.00.640.890.971.00.880.93-0.62
0.950.110.940.880.78-0.010.990.750.220.140.810.330.690.120.90.450.440.950.490.890.940.950.980.89-0.6
0.20.110.30.080.04-0.20.030.040.110.60.040.180.48-0.430.08-0.20.040.220.10.110.290.230.080.090.22
0.940.940.30.810.72-0.060.930.650.440.190.760.20.670.060.860.410.410.950.60.870.990.950.920.86-0.42
0.960.880.080.810.88-0.050.890.940.32-0.030.90.380.70.130.940.620.640.950.570.860.860.950.80.93-0.72
0.880.780.040.720.88-0.130.820.880.52-0.281.00.390.52-0.010.770.710.810.840.740.660.820.850.660.76-0.69
-0.09-0.01-0.2-0.06-0.05-0.13-0.02-0.17-0.230.11-0.09-0.1-0.16-0.20.0-0.31-0.35-0.06-0.20.05-0.11-0.080.040.0-0.08
0.950.990.030.930.890.82-0.020.780.290.020.850.30.640.170.890.520.480.950.560.870.940.950.960.88-0.62
0.860.750.040.650.940.88-0.170.780.29-0.190.880.440.620.220.810.70.740.830.570.640.730.840.650.79-0.77
0.420.220.110.440.320.52-0.230.290.29-0.480.51-0.24-0.02-0.030.240.480.480.390.810.230.490.40.110.25-0.03
0.050.140.60.19-0.03-0.280.110.02-0.19-0.48-0.260.250.47-0.380.14-0.57-0.340.11-0.490.250.110.090.230.150.14
0.90.810.040.760.91.0-0.090.850.880.51-0.260.370.540.030.80.720.790.860.750.690.840.870.690.79-0.7
0.330.330.180.20.380.39-0.10.30.44-0.240.250.370.27-0.250.38-0.010.480.34-0.140.220.270.320.270.38-0.41
0.710.690.480.670.70.52-0.160.640.62-0.020.470.540.270.090.720.410.350.710.270.650.680.730.670.72-0.46
0.080.12-0.430.060.13-0.01-0.20.170.22-0.03-0.380.03-0.250.090.140.530.090.050.18-0.040.040.090.140.13-0.2
0.940.90.080.860.940.770.00.890.810.240.140.80.380.720.140.520.550.940.460.910.880.940.861.0-0.65
0.570.45-0.20.410.620.71-0.310.520.70.48-0.570.72-0.010.410.530.520.750.510.710.310.490.540.350.51-0.59
0.60.440.040.410.640.81-0.350.480.740.48-0.340.790.480.350.090.550.750.560.570.320.530.570.290.54-0.71
1.00.950.220.950.950.84-0.060.950.830.390.110.860.340.710.050.940.510.560.580.910.971.00.90.94-0.6
0.640.490.10.60.570.74-0.20.560.570.81-0.490.75-0.140.270.180.460.710.570.580.390.660.610.390.45-0.21
0.890.890.110.870.860.660.050.870.640.230.250.690.220.65-0.040.910.310.320.910.390.860.90.880.92-0.48
0.970.940.290.990.860.82-0.110.940.730.490.110.840.270.680.040.880.490.530.970.660.860.970.890.87-0.49
1.00.950.230.950.950.85-0.080.950.840.40.090.870.320.730.090.940.540.571.00.610.90.970.890.94-0.6
0.880.980.080.920.80.660.040.960.650.110.230.690.270.670.140.860.350.290.90.390.880.890.890.85-0.53
0.930.890.090.860.930.760.00.880.790.250.150.790.380.720.131.00.510.540.940.450.920.870.940.85-0.63
-0.62-0.60.22-0.42-0.72-0.69-0.08-0.62-0.77-0.030.14-0.7-0.41-0.46-0.2-0.65-0.59-0.71-0.6-0.21-0.48-0.49-0.6-0.53-0.63
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Tribhovandas Bhimji Account Relationship Matchups

Tribhovandas Bhimji fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets12.1B14.6B14.8B14.6B16.8B13.4B
Short Long Term Debt Total4.4B5.9B5.8B6.1B7.1B5.7B
Other Current Liab914.9M1.1B1.3B1.2B1.1B920.9M
Total Current Liabilities6.3B8.6B8.4B7.8B8.9B8.2B
Total Stockholder Equity5.2B5.3B5.6B6.0B6.9B4.8B
Property Plant And Equipment Net1.4B1.5B1.6B1.5B1.7B1.2B
Current Deferred Revenue284.8M373.1M137.9M20.8M18.7M17.8M
Net Debt4.3B5.8B5.7B6.0B6.9B5.4B
Retained Earnings2.8B2.8B3.1B3.7B4.2B2.4B
Accounts Payable1.4B2.0B2.0B1.1B1.3B1.5B
Cash56.9M81.7M80.0M119.3M107.4M160.4M
Non Current Assets Total1.5B1.7B1.8B1.7B2.0B1.5B
Non Currrent Assets Other103.6M148.3M109.6M187.4M215.5M139.9M
Cash And Short Term Investments395.5M174.9M480.1M496.7M571.2M392.9M
Net Receivables34.0M16.1M16.0M163.1M187.5M196.9M
Short Term Investments338.6M93.3M400.1M377.4M434.0M455.7M
Liabilities And Stockholders Equity12.1B14.6B14.8B14.6B16.8B13.4B
Non Current Liabilities Total577.5M681.4M763.9M791.5M910.2M955.8M
Inventory9.8B12.0B12.2B12.0B13.8B11.3B
Other Current Assets329.2M352.0M301.9M259.7M298.6M228.0M
Total Liab6.9B9.3B9.1B8.6B9.9B8.6B
Total Current Assets10.6B12.9B13.0B12.9B14.8B12.0B
Accumulated Other Comprehensive Income104.8M116.8M143.3M3.3M3.8M4.0M
Short Term Debt3.9B5.3B5.1B5.5B6.3B5.3B
Intangible Assets15.9M9.6M3.1M2.2M2.0M1.9M
Other Liab82.0M71.9M71.6M73.5M84.5M81.4M
Net Tangible Assets4.8B4.8B5.2B5.3B6.1B5.2B
Other Assets146.3M185.0M60.9M1.00.90.86
Long Term Debt23.0M930K5.7M6.0M5.4M5.1M
Short Long Term Debt3.5B5.1B4.9B5.3B6.1B4.7B
Property Plant Equipment1.7B1.4B1.5B1.6B1.8B1.4B
Long Term Debt Total611.1M505.9M608.0M682M784.3M823.5M
Net Invested Capital8.7B10.4B10.5B11.3B13.0B11.4B
Net Working Capital4.3B4.3B4.6B5.1B5.9B4.5B
Capital Lease Obligations621.7M788.8M887.8M809.2M930.6M878.7M

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Other Information on Investing in Tribhovandas Stock

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