Bhagiradha Ebitda vs Depreciation And Amortization Analysis

BHAGCHEM

296.60 3.30 1.10%

Bhagiradha Chemicals financial indicator trend analysis is way more than just evaluating Bhagiradha Chemicals prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bhagiradha Chemicals is a good investment. Please check the relationship between Bhagiradha Chemicals Ebitda and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Ebitda vs Depreciation And Amortization

Ebitda vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bhagiradha Chemicals Ebitda account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bhagiradha Chemicals' Ebitda and Depreciation And Amortization is 0.86. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Bhagiradha Chemicals Industries, assuming nothing else is changed. The correlation between historical values of Bhagiradha Chemicals' Ebitda and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Bhagiradha Chemicals Industries are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Ebitda i.e., Bhagiradha Chemicals' Ebitda and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebitda

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Most indicators from Bhagiradha Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bhagiradha Chemicals 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bhagiradha Chemicals Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

At present, Bhagiradha Chemicals' Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	52.0M	49.8M	76.9M	45.4M
Depreciation And Amortization	87.3M	98.1M	109.8M	55.1M

Interest Expense Depreciation And Amortization

Bhagiradha Chemicals 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Current Deferred Revenue	Intangible Assets	Other Liab
Total Assets		0.39	0.57	0.43	0.98	0.98	0.3	0.96	0.43	0.8	0.98	0.83	0.82	-0.05	0.58	0.58	0.33	0.95	0.55	0.97	0.36	0.77	0.52	0.77	0.91	0.89
Short Long Term Debt Total	0.39		0.34	0.82	0.23	0.34	0.99	0.29	0.7	-0.02	0.34	0.0	0.06	-0.2	0.3	0.64	0.19	0.12	0.85	0.44	0.93	0.31	0.03	0.21	0.16	0.29
Other Current Liab	0.57	0.34		0.57	0.5	0.58	0.28	0.43	0.42	0.47	0.59	0.42	0.42	0.1	-0.1	0.52	-0.1	0.5	0.52	0.52	0.39	0.54	0.27	0.52	0.53	0.29
Total Current Liabilities	0.43	0.82	0.57		0.24	0.32	0.79	0.25	0.94	0.09	0.33	0.05	0.11	-0.14	0.11	0.82	0.12	0.18	0.97	0.53	0.84	0.38	0.13	0.4	0.21	0.2
Total Stockholder Equity	0.98	0.23	0.5	0.24		0.98	0.14	0.98	0.24	0.84	0.98	0.87	0.85	0.0	0.59	0.45	0.35	0.98	0.37	0.92	0.19	0.78	0.51	0.75	0.93	0.91
Property Plant And Equipment Net	0.98	0.34	0.58	0.32	0.98		0.25	0.97	0.28	0.79	1.0	0.84	0.83	-0.03	0.56	0.47	0.29	0.95	0.43	0.9	0.29	0.79	0.51	0.72	0.92	0.87
Net Debt	0.3	0.99	0.28	0.79	0.14	0.25		0.21	0.67	-0.14	0.25	-0.1	-0.04	-0.22	0.24	0.57	0.19	0.02	0.81	0.35	0.92	0.21	-0.04	0.12	0.06	0.2
Retained Earnings	0.96	0.29	0.43	0.25	0.98	0.97	0.21		0.23	0.76	0.97	0.8	0.77	0.0	0.62	0.43	0.48	0.93	0.38	0.9	0.24	0.77	0.39	0.66	0.85	0.95
Accounts Payable	0.43	0.7	0.42	0.94	0.24	0.28	0.67	0.23		0.09	0.29	0.07	0.12	-0.18	0.2	0.8	0.12	0.2	0.94	0.56	0.67	0.35	0.23	0.43	0.19	0.17
Cash	0.8	-0.02	0.47	0.09	0.84	0.79	-0.14	0.76	0.09		0.79	0.94	0.97	0.11	0.32	0.32	-0.04	0.9	0.16	0.78	0.05	0.51	0.67	0.73	0.94	0.75
Non Current Assets Total	0.98	0.34	0.59	0.33	0.98	1.0	0.25	0.97	0.29	0.79		0.83	0.82	-0.04	0.56	0.49	0.31	0.95	0.44	0.91	0.29	0.8	0.49	0.72	0.92	0.88
Non Currrent Assets Other	0.83	0.0	0.42	0.05	0.87	0.84	-0.1	0.8	0.07	0.94	0.83		0.97	0.07	0.48	0.23	0.0	0.92	0.16	0.78	0.0	0.52	0.72	0.64	0.93	0.77
Cash And Short Term Investments	0.82	0.06	0.42	0.11	0.85	0.83	-0.04	0.77	0.12	0.97	0.82	0.97		0.05	0.43	0.31	-0.1	0.9	0.2	0.79	0.09	0.48	0.75	0.68	0.96	0.75
Common Stock Shares Outstanding	-0.05	-0.2	0.1	-0.14	0.0	-0.03	-0.22	0.0	-0.18	0.11	-0.04	0.07	0.05		-0.25	-0.22	-0.06	-0.01	-0.19	-0.06	-0.12	-0.05	0.07	-0.09	0.0	0.01
Non Current Liabilities Total	0.58	0.3	-0.1	0.11	0.59	0.56	0.24	0.62	0.2	0.32	0.56	0.48	0.43	-0.25		0.41	0.47	0.56	0.34	0.57	0.1	0.54	0.2	0.24	0.45	0.63
Inventory	0.58	0.64	0.52	0.82	0.45	0.47	0.57	0.43	0.8	0.32	0.49	0.23	0.31	-0.22	0.41		0.23	0.41	0.87	0.66	0.59	0.57	0.07	0.46	0.37	0.41
Other Current Assets	0.33	0.19	-0.1	0.12	0.35	0.29	0.19	0.48	0.12	-0.04	0.31	0.0	-0.1	-0.06	0.47	0.23		0.23	0.22	0.34	0.18	0.43	-0.48	0.11	0.02	0.55
Other Stockholder Equity	0.95	0.12	0.5	0.18	0.98	0.95	0.02	0.93	0.2	0.9	0.95	0.92	0.9	-0.01	0.56	0.41	0.23		0.3	0.9	0.09	0.75	0.6	0.78	0.95	0.86
Total Liab	0.55	0.85	0.52	0.97	0.37	0.43	0.81	0.38	0.94	0.16	0.44	0.16	0.2	-0.19	0.34	0.87	0.22	0.3		0.64	0.81	0.49	0.17	0.44	0.3	0.34
Total Current Assets	0.97	0.44	0.52	0.53	0.92	0.9	0.35	0.9	0.56	0.78	0.91	0.78	0.79	-0.06	0.57	0.66	0.34	0.9	0.64		0.43	0.71	0.52	0.79	0.85	0.86
Short Term Debt	0.36	0.93	0.39	0.84	0.19	0.29	0.92	0.24	0.67	0.05	0.29	0.0	0.09	-0.12	0.1	0.59	0.18	0.09	0.81	0.43		0.19	0.0	0.26	0.18	0.31
Common Stock	0.77	0.31	0.54	0.38	0.78	0.79	0.21	0.77	0.35	0.51	0.8	0.52	0.48	-0.05	0.54	0.57	0.43	0.75	0.49	0.71	0.19		0.26	0.71	0.66	0.64
Net Receivables	0.52	0.03	0.27	0.13	0.51	0.51	-0.04	0.39	0.23	0.67	0.49	0.72	0.75	0.07	0.2	0.07	-0.48	0.6	0.17	0.52	0.0	0.26		0.63	0.72	0.28
Current Deferred Revenue	0.77	0.21	0.52	0.4	0.75	0.72	0.12	0.66	0.43	0.73	0.72	0.64	0.68	-0.09	0.24	0.46	0.11	0.78	0.44	0.79	0.26	0.71	0.63		0.8	0.58
Intangible Assets	0.91	0.16	0.53	0.21	0.93	0.92	0.06	0.85	0.19	0.94	0.92	0.93	0.96	0.0	0.45	0.37	0.02	0.95	0.3	0.85	0.18	0.66	0.72	0.8		0.79
Other Liab	0.89	0.29	0.29	0.2	0.91	0.87	0.2	0.95	0.17	0.75	0.88	0.77	0.75	0.01	0.63	0.41	0.55	0.86	0.34	0.86	0.31	0.64	0.28	0.58	0.79

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Bhagiradha Chemicals Account Relationship Matchups

Bhagiradha Chemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.7B	3.4B	4.5B	5.8B	6.0B
Short Long Term Debt Total	428.7M	707.9M	806.2M	502.0M	616.4M	515.2M
Other Current Liab	234.9M	57.7M	69.7M	85.2M	155.2M	162.9M
Total Current Liabilities	831.0M	951.2M	1.3B	1.0B	1.3B	917.2M
Total Stockholder Equity	1.3B	1.6B	1.9B	3.1B	4.1B	4.3B
Property Plant And Equipment Net	1.4B	1.5B	1.6B	2.0B	2.9B	3.0B
Net Debt	401.5M	704.7M	784.1M	472.6M	517.1M	479.0M
Retained Earnings	596.4M	830.8M	1.2B	1.6B	1.7B	1.8B
Accounts Payable	241.7M	463.1M	545.9M	588.2M	652.5M	459.8M
Cash	27.3M	3.3M	22.0M	29.4M	99.2M	104.2M
Non Current Assets Total	1.5B	1.6B	1.7B	2.2B	3.0B	3.1B
Non Currrent Assets Other	36.5M	3.1M	8.6M	108.7M	385.0M	404.2M
Cash And Short Term Investments	37.0M	5.9M	22.0M	41.6M	484.2M	508.4M
Liabilities And Stockholders Equity	2.3B	2.7B	3.4B	4.5B	5.8B	6.0B
Non Current Liabilities Total	99.2M	223.6M	194.8M	329.1M	368.1M	205.4M
Inventory	562.5M	503.8M	679.3M	913.2M	1.1B	575.9M
Other Current Assets	58.2M	31.9M	1.0B	1.3B	115.4M	109.6M
Total Liab	930.2M	1.2B	1.5B	1.3B	1.6B	1.1B
Total Current Assets	785.7M	1.1B	1.7B	2.3B	2.8B	2.9B
Short Term Debt	354.5M	429.8M	703.8M	334.1M	444.9M	455.2M
Net Receivables	114.9M	598.0M	(8.3M)	(1K)	1.1B	1.1B
Intangible Assets	5.6M	4.4M	5.3M	4.9M	22.4M	23.5M
Other Liab	17.3M	24.9M	29.3M	92.4M	106.2M	111.5M
Net Tangible Assets	1.3B	1.3B	1.6B	1.9B	2.2B	1.6B
Other Assets	65.8M	(1.0)	43.8M	1K	900.0	855.0
Short Term Investments	9.7M	2.6M	10.1M	12.2M	385.0M	404.2M
Property Plant Equipment	1.1B	1.4B	1.5B	1.6B	1.9B	1.4B
Long Term Debt	74.3M	278.2M	100.3M	165.7M	169.4M	156.7M
Net Invested Capital	1.8B	2.3B	2.7B	3.6B	4.8B	3.1B
Short Long Term Debt	354.5M	429.6M	705.1M	334.0M	444.8M	490.4M
Net Working Capital	(45.3M)	189.7M	412.6M	1.3B	1.5B	1.6B

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

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Bhagiradha Ebitda vs Depreciation And Amortization Analysis

Ebitda vs Depreciation And Amortization

Ebitda vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Ebitda

Depreciation And Amortization

Bhagiradha Chemicals fundamental ratios Correlations

Bhagiradha Chemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bhagiradha Chemicals fundamental ratios Accounts

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Other Information on Investing in Bhagiradha Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.99	Short Long Term Debt Total
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity

Net Receivables	- 0.48	Other Current Assets
Non Current Liabilities Total	- 0.25	Common Stock Shares Outstanding
Inventory	- 0.22	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.22	Net Debt
Common Stock Shares Outstanding	- 0.2	Short Long Term Debt Total
Total Liab	- 0.19	Common Stock Shares Outstanding