Zydus Intangible Assets vs Total Assets Analysis

ZYDUSWELL   1,914  2.10  0.11%   
Zydus Wellness financial indicator trend analysis is more than just analyzing Zydus Wellness current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zydus Wellness is a good investment. Please check the relationship between Zydus Wellness Intangible Assets and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zydus Wellness 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 state.

Intangible Assets vs Total Assets

Intangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zydus Wellness Intangible Assets account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Zydus Wellness' Intangible Assets and Total Assets is 1.0. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Zydus Wellness Limited, assuming nothing else is changed. The correlation between historical values of Zydus Wellness' Intangible Assets and Total 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 Intangible Assets of Zydus Wellness Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Intangible Assets i.e., Zydus Wellness' Intangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Intangible Assets

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

Total Assets

Total assets refers to the total amount of Zydus Wellness assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zydus Wellness books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Zydus Wellness' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zydus Wellness 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zydus Wellness 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 state.
The current year's Selling General Administrative is expected to grow to about 4.1 B, whereas Tax Provision is projected to grow to (64.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit10.0B11.0B11.8B12.4B
Total Revenue19.9B22.4B23.3B24.4B

Zydus Wellness fundamental ratios Correlations

0.620.990.980.970.640.97-0.151.0-0.210.76-0.120.440.960.770.720.750.891.00.821.0-0.130.780.90.83-0.43
0.620.650.610.620.360.67-0.020.63-0.330.72-0.290.250.630.250.490.50.440.640.670.64-0.350.40.520.36-0.3
0.990.650.990.970.540.94-0.120.98-0.190.79-0.120.320.980.780.80.670.90.980.820.98-0.140.820.890.77-0.32
0.980.610.990.980.480.91-0.120.97-0.190.78-0.120.250.990.810.830.610.910.970.80.97-0.120.880.930.75-0.25
0.970.620.970.980.540.91-0.140.97-0.170.82-0.090.330.970.760.760.660.90.960.860.96-0.110.830.910.77-0.32
0.640.360.540.480.540.76-0.380.66-0.240.310.00.950.440.27-0.050.960.370.680.490.67-0.050.070.40.76-0.92
0.970.670.940.910.910.76-0.150.97-0.190.74-0.10.60.880.680.570.860.810.970.820.97-0.130.630.80.83-0.59
-0.15-0.02-0.12-0.12-0.14-0.38-0.15-0.160.170.13-0.44-0.18-0.120.04-0.01-0.19-0.05-0.160.09-0.16-0.24-0.07-0.09-0.020.12
1.00.630.980.970.970.660.97-0.16-0.270.74-0.160.470.950.740.70.770.851.00.811.0-0.160.740.880.85-0.47
-0.21-0.33-0.19-0.19-0.17-0.24-0.190.17-0.270.110.8-0.18-0.23-0.04-0.14-0.230.18-0.280.07-0.280.620.03-0.18-0.350.34
0.760.720.790.780.820.310.740.130.740.110.00.160.780.550.670.490.780.730.950.74-0.070.690.70.54-0.14
-0.12-0.29-0.12-0.12-0.090.0-0.1-0.44-0.160.80.0-0.07-0.15-0.07-0.13-0.110.18-0.17-0.02-0.170.710.06-0.12-0.330.25
0.440.250.320.250.330.950.6-0.180.47-0.180.16-0.070.210.1-0.30.910.180.480.360.47-0.08-0.180.190.66-0.98
0.960.630.980.990.970.440.88-0.120.95-0.230.78-0.150.210.830.850.560.910.950.770.95-0.150.90.950.71-0.22
0.770.250.780.810.760.270.680.040.74-0.040.55-0.070.10.830.680.370.870.730.50.74-0.010.840.90.53-0.12
0.720.490.80.830.76-0.050.57-0.010.7-0.140.67-0.13-0.30.850.680.110.750.690.590.69-0.120.920.750.390.28
0.750.50.670.610.660.960.86-0.190.77-0.230.49-0.110.910.560.370.110.50.790.650.78-0.130.190.50.85-0.89
0.890.440.90.910.90.370.81-0.050.850.180.780.180.180.910.870.750.50.840.760.840.120.910.910.57-0.13
1.00.640.980.970.960.680.97-0.161.0-0.280.73-0.170.480.950.730.690.790.840.81.0-0.170.730.870.85-0.48
0.820.670.820.80.860.490.820.090.810.070.95-0.020.360.770.50.590.650.760.80.8-0.070.610.660.69-0.32
1.00.640.980.970.960.670.97-0.161.0-0.280.74-0.170.470.950.740.690.780.841.00.8-0.170.740.870.85-0.48
-0.13-0.35-0.14-0.12-0.11-0.05-0.13-0.24-0.160.62-0.070.71-0.08-0.15-0.01-0.12-0.130.12-0.17-0.07-0.170.04-0.11-0.190.23
0.780.40.820.880.830.070.63-0.070.740.030.690.06-0.180.90.840.920.190.910.730.610.740.040.90.410.19
0.90.520.890.930.910.40.8-0.090.88-0.180.7-0.120.190.950.90.750.50.910.870.660.87-0.110.90.63-0.2
0.830.360.770.750.770.760.83-0.020.85-0.350.54-0.330.660.710.530.390.850.570.850.690.85-0.190.410.63-0.68
-0.43-0.3-0.32-0.25-0.32-0.92-0.590.12-0.470.34-0.140.25-0.98-0.22-0.120.28-0.89-0.13-0.48-0.32-0.480.230.19-0.2-0.68
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Zydus Wellness Account Relationship Matchups

Zydus Wellness fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.9B56.7B56.9B58.3B61.5B64.6B
Other Current Liab1.1B850.1M760.7M853M496M391.1M
Total Current Liabilities6.0B7.7B7.7B6.9B7.7B8.1B
Total Stockholder Equity34.6B45.7B48.4B51.2B53.6B56.3B
Property Plant And Equipment Net2.1B2.0B2.6B2.8B2.6B2.7B
Net Debt14.7B3.8B2.7B2.6B892M1.5B
Accounts Payable4.9B4.4B3.6B3.1B3.6B3.8B
Cash544.8M1.7B1.2B370.4M2.4B1.4B
Non Current Assets Total48.1B48.2B48.8B49.3B49.3B51.8B
Cash And Short Term Investments1.9B2.5B2.0B1.3B3.2B2.4B
Common Stock Shares Outstanding42.2M57.7M60.7M63.6M73.2M46.0M
Short Term Investments1.4B783.7M808.9M959.9M769M1.2B
Liabilities And Stockholders Equity55.9B56.7B56.9B58.3B61.5B64.6B
Non Current Liabilities Total15.3B3.3B813.4M180M215M204.3M
Inventory2.9B3.6B3.6B4.6B4.7B4.9B
Other Current Assets1.2B1.4B1.1B1.0B4.3B4.5B
Other Stockholder Equity950.8M(4.5B)(5.3B)35.4B35.4B37.1B
Total Liab21.3B11.0B8.5B7.1B7.9B5.2B
Total Current Assets7.8B8.5B8.1B9.1B12.1B12.8B
Accumulated Other Comprehensive Income(1.7B)450.6M452.6M453.8M452M474.6M
Intangible Assets5.5B5.5B5.5B5.4B5.4B5.7B
Non Currrent Assets Other120.8M160.4M263.5M302.4M561M712.1M
Retained Earnings4.2B9.2B12.0B14.8B17.1B18.0B
Net Receivables1.7B942.8M1.4B2.3B2.8B3.0B
Other Liab259.8M132.2M147.3M141.3M162.5M108.6M
Net Tangible Assets(9.7B)(10.1B)999.6M3.8B3.4B3.6B
Other Assets1.3B1.4B1.6B1.7B1.9B1.1B
Property Plant Equipment2.1B2.0B2.6B2.8B3.3B1.7B
Current Deferred Revenue(191.9M)479.5M479.4M467.4M314M320.5M
Short Term Debt191.9M2.4B3.2B2.9B3.3B3.4B
Short Long Term Debt Total15.2B5.5B3.9B3.0B3.3B4.7B
Long Term Debt Total15.0B3.1B672.1M34.6M31.1M29.6M
Short Long Term Debt190.5M2.4B3.2B2.9B3.2B1.8B
Net Invested Capital49.8B51.2B52.3B54.2B56.8B50.4B
Non Current Liabilities Other16.8M10M3.1M7M6.3M9.9M
Net Working Capital1.7B759.7M468.9M2.2B4.4B4.7B

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Other Information on Investing in Zydus Stock

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