Torrent Property Plant And Equipment Net vs Total Liab Analysis

TORNTPHARM   3,324  121.25  3.79%   
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 Property Plant And Equipment Net and its Total Liab 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.

Property Plant And Equipment Net vs Total Liab

Property Plant And Equipment Net vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torrent Pharmaceuticals Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Torrent Pharmaceuticals' Property Plant And Equipment Net and Total Liab is 0.95. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab 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' Property Plant And Equipment Net and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Torrent Pharmaceuticals Limited are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Torrent Pharmaceuticals' Property Plant And Equipment Net and Total Liab go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 Expense2.5B3.3B3.5B1.8B
Depreciation And Amortization6.6B7.0B8.0B8.4B

Torrent Pharmaceuticals fundamental ratios Correlations

0.940.660.990.840.980.920.670.180.910.220.40.870.20.930.950.45-0.210.980.930.590.850.280.960.020.88
0.940.620.950.720.90.990.520.040.890.140.30.770.040.970.850.42-0.310.980.810.440.770.260.97-0.040.91
0.660.620.650.530.680.60.330.230.580.280.380.540.220.660.680.57-0.060.670.680.140.70.240.57-0.140.47
0.990.950.650.810.970.920.650.260.90.170.370.870.20.920.940.43-0.190.990.910.580.850.210.96-0.050.9
0.840.720.530.810.860.70.940.150.940.30.270.720.530.70.850.360.150.780.790.830.680.130.810.030.8
0.980.90.680.970.860.870.70.240.90.120.310.850.210.870.980.48-0.210.950.910.570.810.170.92-0.040.88
0.920.990.60.920.70.870.49-0.060.880.160.280.730.010.970.830.43-0.350.960.780.410.730.30.96-0.010.89
0.670.520.330.650.940.70.490.240.830.180.10.590.670.470.70.180.360.580.60.890.48-0.090.650.020.7
0.180.040.230.260.150.24-0.060.240.1-0.220.180.370.310.030.21-0.070.380.160.280.310.38-0.360.05-0.220.11
0.910.890.580.90.940.90.880.830.10.220.240.740.40.850.860.360.010.90.780.740.720.130.93-0.050.92
0.220.140.280.170.30.120.160.18-0.220.220.770.180.30.290.10.270.130.230.40.310.40.820.150.15-0.05
0.40.30.380.370.270.310.280.10.180.240.770.370.020.470.280.3-0.110.420.620.250.650.850.250.290.02
0.870.770.540.870.720.850.730.590.370.740.180.370.110.80.850.46-0.10.860.90.550.890.160.77-0.050.69
0.20.040.220.20.530.210.010.670.310.40.30.020.110.010.17-0.210.810.120.150.690.16-0.190.21-0.120.27
0.930.970.660.920.70.870.970.470.030.850.290.470.80.010.820.44-0.310.980.860.430.850.420.930.030.8
0.950.850.680.940.850.980.830.70.210.860.10.280.850.170.820.55-0.230.910.910.530.780.150.880.040.84
0.450.420.570.430.360.480.430.18-0.070.360.270.30.46-0.210.440.55-0.490.450.51-0.090.50.320.35-0.190.28
-0.21-0.31-0.06-0.190.15-0.21-0.350.360.380.010.13-0.11-0.10.81-0.31-0.23-0.49-0.25-0.180.48-0.11-0.37-0.2-0.1-0.11
0.980.980.670.990.780.950.960.580.160.90.230.420.860.120.980.910.45-0.250.910.530.870.310.96-0.020.88
0.930.810.680.910.790.910.780.60.280.780.40.620.90.150.860.910.51-0.180.910.560.930.430.80.10.67
0.590.440.140.580.830.570.410.890.310.740.310.250.550.690.430.53-0.090.480.530.560.490.020.570.040.61
0.850.770.70.850.680.810.730.480.380.720.40.650.890.160.850.780.5-0.110.870.930.490.410.740.010.58
0.280.260.240.210.130.170.3-0.09-0.360.130.820.850.16-0.190.420.150.32-0.370.310.430.020.410.210.4-0.05
0.960.970.570.960.810.920.960.650.050.930.150.250.770.210.930.880.35-0.20.960.80.570.740.210.010.95
0.02-0.04-0.14-0.050.03-0.04-0.010.02-0.22-0.050.150.29-0.05-0.120.030.04-0.19-0.1-0.020.10.040.010.40.01-0.13
0.880.910.470.90.80.880.890.70.110.92-0.050.020.690.270.80.840.28-0.110.880.670.610.58-0.050.95-0.13
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Torrent Pharmaceuticals Account Relationship Matchups

Torrent Pharmaceuticals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets140.4B140.7B131.0B150.1B150.6B81.8B
Short Long Term Debt Total58.4B48.7B40.7B53.7B40.2B27.1B
Other Current Liab8.1B8.0B7.4B1.0B8.1B4.9B
Total Current Liabilities54.8B48.9B44.2B54.5B54.3B29.4B
Total Stockholder Equity48.2B58.4B59.5B62.0B68.6B72.0B
Property Plant And Equipment Net35.3B36.3B32.5B34.6B35.8B20.1B
Net Debt51.8B43.0B36.7B48.6B31.9B22.3B
Retained Earnings18.9B28.1B29.2B33.0B39.4B41.4B
Cash6.6B5.7B4.0B5.1B8.4B4.8B
Non Current Assets Total90.3B85.5B79.3B97.0B94.5B99.2B
Non Currrent Assets Other2.6B1.1B3.2B2.0B9.0B9.5B
Cash And Short Term Investments6.6B7.4B5.8B8.4B10.0B8.0B
Net Receivables20.0B18.9B19.2B19.5B18.4B12.3B
Liabilities And Stockholders Equity140.4B140.7B131.0B150.1B150.6B81.8B
Non Current Liabilities Total37.3B33.5B27.3B33.7B27.8B20.6B
Inventory21.5B26.8B24.6B22.3B22.8B13.3B
Other Current Assets21.7B21.0B21.2B3.0B4.8B8.4B
Total Liab92.1B82.4B71.5B88.1B82.0B50.0B
Total Current Assets50.1B55.2B51.6B53.1B56.1B35.6B
Accumulated Other Comprehensive Income(12.4B)29.4B29.5B27.3B27.4B28.8B
Accounts Payable20.5B20.7B16.7B16.8B20.9B15.0B
Short Term Investments5M1.7B1.8B3.3B1.7B1.6B
Intangible Assets43.7B39.8B35.5B50.9B45.8B23.9B
Current Deferred Revenue(25.4B)7.9B7.3B8.5B45M42.8M
Short Term Debt25.5B19.7B19.5B28.2B23.5B15.5B
Other Liab3.2B4.3B3.8B5.7B6.6B4.2B
Net Tangible Assets(3.6B)1.1B15.1B21.5B19.3B20.3B
Other Assets6.9B5.3B6.8B5.4B6.3B3.9B
Long Term Debt32.8B29.4B21.2B25.0B16.0B27.5B
Short Long Term Debt25.1B7.0B19.0B28.0B23.3B16.9B
Property Plant Equipment35.3B36.3B32.5B34.6B39.8B30.0B
Good Will3.4B3.4B2.6B3.4B3.4B3.0B
Long Term Debt Total33.0B29.6B21.6B25.5B29.3B31.8B
Non Current Liabilities Other600K50M40M20M10M9.5M
Cash And Equivalents2.6B149.3M228.1M379.8M341.8M324.7M
Net Invested Capital106.1B65.4B99.7B115.0B107.9B81.4B

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Other Information on Investing in Torrent Stock

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.