Torrent Current Deferred Revenue vs Intangible Assets Analysis

TORNTPHARM

3,224 1.10 0.03%

Torrent Pharmaceuticals financial indicator trend analysis is much more than just breaking down Torrent Pharmaceuticals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torrent Pharmaceuticals is a good investment. Please check the relationship between Torrent Pharmaceuticals Current Deferred Revenue and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torrent Pharmaceuticals 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 estimate.

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torrent Pharmaceuticals Current Deferred Revenue account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Torrent Pharmaceuticals' Current Deferred Revenue and Intangible Assets is 0.01. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Torrent Pharmaceuticals Limited, assuming nothing else is changed. The correlation between historical values of Torrent Pharmaceuticals' Current Deferred Revenue and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Torrent Pharmaceuticals Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Current Deferred Revenue i.e., Torrent Pharmaceuticals' Current Deferred Revenue and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

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Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Torrent Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 estimate.

The current Selling General Administrative is estimated to decrease to about 4.4 B. The current Tax Provision is estimated to decrease to about 4.1 B

	2021	2022	2023	2024 (projected)
Interest Expense	2.5B	3.3B	3.5B	1.8B
Depreciation And Amortization	6.6B	7.0B	8.0B	8.4B

Interest Expense Depreciation And Amortization

Torrent Pharmaceuticals 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	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	Common Stock	Accounts Payable	Short Term Investments	Intangible Assets	Current Deferred Revenue	Short Term Debt
Total Assets		0.94	0.66	0.99	0.84	0.98	0.92	0.67	0.18	0.91	0.22	0.4	0.87	0.2	0.93	0.95	0.45	-0.21	0.98	0.93	0.59	0.85	0.28	0.96	0.02	0.88
Short Long Term Debt Total	0.94		0.62	0.95	0.72	0.9	0.99	0.52	0.04	0.89	0.14	0.3	0.77	0.04	0.97	0.85	0.42	-0.31	0.98	0.81	0.44	0.77	0.26	0.97	-0.04	0.91
Other Current Liab	0.66	0.62		0.65	0.53	0.68	0.6	0.33	0.23	0.58	0.28	0.38	0.54	0.22	0.66	0.68	0.57	-0.06	0.67	0.68	0.14	0.7	0.24	0.57	-0.14	0.47
Total Current Liabilities	0.99	0.95	0.65		0.81	0.97	0.92	0.65	0.26	0.9	0.17	0.37	0.87	0.2	0.92	0.94	0.43	-0.19	0.99	0.91	0.58	0.85	0.21	0.96	-0.05	0.9
Total Stockholder Equity	0.84	0.72	0.53	0.81		0.86	0.7	0.94	0.15	0.94	0.3	0.27	0.72	0.53	0.7	0.85	0.36	0.15	0.78	0.79	0.83	0.68	0.13	0.81	0.03	0.8
Property Plant And Equipment Net	0.98	0.9	0.68	0.97	0.86		0.87	0.7	0.24	0.9	0.12	0.31	0.85	0.21	0.87	0.98	0.48	-0.21	0.95	0.91	0.57	0.81	0.17	0.92	-0.04	0.88
Net Debt	0.92	0.99	0.6	0.92	0.7	0.87		0.49	-0.06	0.88	0.16	0.28	0.73	0.01	0.97	0.83	0.43	-0.35	0.96	0.78	0.41	0.73	0.3	0.96	-0.01	0.89
Retained Earnings	0.67	0.52	0.33	0.65	0.94	0.7	0.49		0.24	0.83	0.18	0.1	0.59	0.67	0.47	0.7	0.18	0.36	0.58	0.6	0.89	0.48	-0.09	0.65	0.02	0.7
Cash	0.18	0.04	0.23	0.26	0.15	0.24	-0.06	0.24		0.1	-0.22	0.18	0.37	0.31	0.03	0.21	-0.07	0.38	0.16	0.28	0.31	0.38	-0.36	0.05	-0.22	0.11
Non Current Assets Total	0.91	0.89	0.58	0.9	0.94	0.9	0.88	0.83	0.1		0.22	0.24	0.74	0.4	0.85	0.86	0.36	0.01	0.9	0.78	0.74	0.72	0.13	0.93	-0.05	0.92
Non Currrent Assets Other	0.22	0.14	0.28	0.17	0.3	0.12	0.16	0.18	-0.22	0.22		0.77	0.18	0.3	0.29	0.1	0.27	0.13	0.23	0.4	0.31	0.4	0.82	0.15	0.15	-0.05
Cash And Short Term Investments	0.4	0.3	0.38	0.37	0.27	0.31	0.28	0.1	0.18	0.24	0.77		0.37	0.02	0.47	0.28	0.3	-0.11	0.42	0.62	0.25	0.65	0.85	0.25	0.29	0.02
Net Receivables	0.87	0.77	0.54	0.87	0.72	0.85	0.73	0.59	0.37	0.74	0.18	0.37		0.11	0.8	0.85	0.46	-0.1	0.86	0.9	0.55	0.89	0.16	0.77	-0.05	0.69
Common Stock Shares Outstanding	0.2	0.04	0.22	0.2	0.53	0.21	0.01	0.67	0.31	0.4	0.3	0.02	0.11		0.01	0.17	-0.21	0.81	0.12	0.15	0.69	0.16	-0.19	0.21	-0.12	0.27
Non Current Liabilities Total	0.93	0.97	0.66	0.92	0.7	0.87	0.97	0.47	0.03	0.85	0.29	0.47	0.8	0.01		0.82	0.44	-0.31	0.98	0.86	0.43	0.85	0.42	0.93	0.03	0.8
Inventory	0.95	0.85	0.68	0.94	0.85	0.98	0.83	0.7	0.21	0.86	0.1	0.28	0.85	0.17	0.82		0.55	-0.23	0.91	0.91	0.53	0.78	0.15	0.88	0.04	0.84
Other Current Assets	0.45	0.42	0.57	0.43	0.36	0.48	0.43	0.18	-0.07	0.36	0.27	0.3	0.46	-0.21	0.44	0.55		-0.49	0.45	0.51	-0.09	0.5	0.32	0.35	-0.19	0.28
Other Stockholder Equity	-0.21	-0.31	-0.06	-0.19	0.15	-0.21	-0.35	0.36	0.38	0.01	0.13	-0.11	-0.1	0.81	-0.31	-0.23	-0.49		-0.25	-0.18	0.48	-0.11	-0.37	-0.2	-0.1	-0.11
Total Liab	0.98	0.98	0.67	0.99	0.78	0.95	0.96	0.58	0.16	0.9	0.23	0.42	0.86	0.12	0.98	0.91	0.45	-0.25		0.91	0.53	0.87	0.31	0.96	-0.02	0.88
Total Current Assets	0.93	0.81	0.68	0.91	0.79	0.91	0.78	0.6	0.28	0.78	0.4	0.62	0.9	0.15	0.86	0.91	0.51	-0.18	0.91		0.56	0.93	0.43	0.8	0.1	0.67
Common Stock	0.59	0.44	0.14	0.58	0.83	0.57	0.41	0.89	0.31	0.74	0.31	0.25	0.55	0.69	0.43	0.53	-0.09	0.48	0.53	0.56		0.49	0.02	0.57	0.04	0.61
Accounts Payable	0.85	0.77	0.7	0.85	0.68	0.81	0.73	0.48	0.38	0.72	0.4	0.65	0.89	0.16	0.85	0.78	0.5	-0.11	0.87	0.93	0.49		0.41	0.74	0.01	0.58
Short Term Investments	0.28	0.26	0.24	0.21	0.13	0.17	0.3	-0.09	-0.36	0.13	0.82	0.85	0.16	-0.19	0.42	0.15	0.32	-0.37	0.31	0.43	0.02	0.41		0.21	0.4	-0.05
Intangible Assets	0.96	0.97	0.57	0.96	0.81	0.92	0.96	0.65	0.05	0.93	0.15	0.25	0.77	0.21	0.93	0.88	0.35	-0.2	0.96	0.8	0.57	0.74	0.21		0.01	0.95
Current Deferred Revenue	0.02	-0.04	-0.14	-0.05	0.03	-0.04	-0.01	0.02	-0.22	-0.05	0.15	0.29	-0.05	-0.12	0.03	0.04	-0.19	-0.1	-0.02	0.1	0.04	0.01	0.4	0.01		-0.13
Short Term Debt	0.88	0.91	0.47	0.9	0.8	0.88	0.89	0.7	0.11	0.92	-0.05	0.02	0.69	0.27	0.8	0.84	0.28	-0.11	0.88	0.67	0.61	0.58	-0.05	0.95	-0.13

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Torrent Pharmaceuticals Account Relationship Matchups

Torrent Pharmaceuticals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	140.4B	140.7B	131.0B	150.1B	150.6B	81.8B
Short Long Term Debt Total	58.4B	48.7B	40.7B	53.7B	40.2B	27.1B
Other Current Liab	8.1B	8.0B	7.4B	1.0B	8.1B	4.9B
Total Current Liabilities	54.8B	48.9B	44.2B	54.5B	54.3B	29.4B
Total Stockholder Equity	48.2B	58.4B	59.5B	62.0B	68.6B	72.0B
Property Plant And Equipment Net	35.3B	36.3B	32.5B	34.6B	35.8B	20.1B
Net Debt	51.8B	43.0B	36.7B	48.6B	31.9B	22.3B
Retained Earnings	18.9B	28.1B	29.2B	33.0B	39.4B	41.4B
Cash	6.6B	5.7B	4.0B	5.1B	8.4B	4.8B
Non Current Assets Total	90.3B	85.5B	79.3B	97.0B	94.5B	99.2B
Non Currrent Assets Other	2.6B	1.1B	3.2B	2.0B	9.0B	9.5B
Cash And Short Term Investments	6.6B	7.4B	5.8B	8.4B	10.0B	8.0B
Net Receivables	20.0B	18.9B	19.2B	19.5B	18.4B	12.3B
Liabilities And Stockholders Equity	140.4B	140.7B	131.0B	150.1B	150.6B	81.8B
Non Current Liabilities Total	37.3B	33.5B	27.3B	33.7B	27.8B	20.6B
Inventory	21.5B	26.8B	24.6B	22.3B	22.8B	13.3B
Other Current Assets	21.7B	21.0B	21.2B	3.0B	4.8B	8.4B
Total Liab	92.1B	82.4B	71.5B	88.1B	82.0B	50.0B
Total Current Assets	50.1B	55.2B	51.6B	53.1B	56.1B	35.6B
Accumulated Other Comprehensive Income	(12.4B)	29.4B	29.5B	27.3B	27.4B	28.8B
Accounts Payable	20.5B	20.7B	16.7B	16.8B	20.9B	15.0B
Short Term Investments	5M	1.7B	1.8B	3.3B	1.7B	1.6B
Intangible Assets	43.7B	39.8B	35.5B	50.9B	45.8B	23.9B
Current Deferred Revenue	(25.4B)	7.9B	7.3B	8.5B	45M	42.8M
Short Term Debt	25.5B	19.7B	19.5B	28.2B	23.5B	15.5B
Other Liab	3.2B	4.3B	3.8B	5.7B	6.6B	4.2B
Net Tangible Assets	(3.6B)	1.1B	15.1B	21.5B	19.3B	20.3B
Other Assets	6.9B	5.3B	6.8B	5.4B	6.3B	3.9B
Long Term Debt	32.8B	29.4B	21.2B	25.0B	16.0B	27.5B
Short Long Term Debt	25.1B	7.0B	19.0B	28.0B	23.3B	16.9B
Property Plant Equipment	35.3B	36.3B	32.5B	34.6B	39.8B	30.0B
Good Will	3.4B	3.4B	2.6B	3.4B	3.4B	3.0B
Long Term Debt Total	33.0B	29.6B	21.6B	25.5B	29.3B	31.8B
Non Current Liabilities Other	600K	50M	40M	20M	10M	9.5M
Cash And Equivalents	2.6B	149.3M	228.1M	379.8M	341.8M	324.7M
Net Invested Capital	106.1B	65.4B	99.7B	115.0B	107.9B	81.4B

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

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Torrent Current Deferred Revenue vs Intangible Assets Analysis

Current Deferred Revenue vs Intangible Assets

Current Deferred Revenue vs Intangible Assets Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Intangible Assets

Torrent Pharmaceuticals fundamental ratios Correlations

Torrent Pharmaceuticals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Torrent Pharmaceuticals fundamental ratios Accounts

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Other Information on Investing in Torrent Stock

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Total Current Liabilities	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Short Long Term Debt Total

Other Stockholder Equity	- 0.49	Other Current Assets
Short Term Investments	- 0.37	Other Stockholder Equity
Short Term Investments	- 0.36	Cash
Other Stockholder Equity	- 0.35	Net Debt
Other Stockholder Equity	- 0.31	Non Current Liabilities Total
Other Stockholder Equity	- 0.31	Short Long Term Debt Total