Cholamandalam Good Will vs Accounts Payable Analysis

CHOLAHLDNG   1,632  35.55  2.23%   
Cholamandalam Financial financial indicator trend analysis is way more than just evaluating Cholamandalam Financial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cholamandalam Financial is a good investment. Please check the relationship between Cholamandalam Financial Good Will and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cholamandalam Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cholamandalam Financial Good Will account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cholamandalam Financial's Good Will and Accounts Payable is 0.27. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Cholamandalam Financial Holdings, assuming nothing else is changed. The correlation between historical values of Cholamandalam Financial's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Cholamandalam Financial Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Cholamandalam Financial's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Cholamandalam Financial 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 Cholamandalam Financial 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.
Most indicators from Cholamandalam Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cholamandalam Financial 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 Cholamandalam Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Cholamandalam Financial's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 21.1 B this year, although the value of Tax Provision will most likely fall to about 7.4 B.
 2021 2022 2023 2024 (projected)
Cost Of Revenue83.1B119.1B168.2B176.6B
EBITDA75.1B98.2B77.8B81.7B

Cholamandalam Financial fundamental ratios Correlations

0.980.470.810.960.471.00.570.350.860.910.550.610.520.870.930.780.251.00.70.89-0.57-0.25-0.430.95-0.71
0.980.50.850.970.360.970.540.310.80.840.590.580.570.810.920.680.160.980.760.9-0.66-0.17-0.510.94-0.67
0.470.50.60.530.040.460.310.00.230.270.560.240.60.250.530.270.070.460.60.47-0.44-0.02-0.380.49-0.28
0.810.850.60.770.250.810.560.180.410.50.840.360.870.440.850.38-0.150.810.980.84-0.48-0.22-0.340.72-0.36
0.960.970.530.770.430.950.520.260.850.880.50.640.480.860.920.750.320.960.660.84-0.64-0.14-0.490.98-0.76
0.470.360.040.250.430.50.63-0.190.610.59-0.170.51-0.140.610.540.670.590.470.130.150.35-0.270.440.48-0.63
1.00.970.460.810.950.50.580.320.860.910.530.620.510.880.930.790.261.00.70.88-0.54-0.27-0.410.95-0.72
0.570.540.310.560.520.630.580.140.430.460.340.050.340.440.550.420.150.580.50.52-0.05-0.080.270.47-0.34
0.350.310.00.180.26-0.190.320.140.240.280.470.030.290.230.040.06-0.180.350.190.61-0.44-0.3-0.230.150.17
0.860.80.230.410.850.610.860.430.240.990.070.690.031.00.770.920.610.860.260.61-0.42-0.17-0.340.89-0.88
0.910.840.270.50.880.590.910.460.280.990.180.690.131.00.810.920.560.910.350.69-0.45-0.21-0.360.91-0.86
0.550.590.560.840.5-0.170.530.340.470.070.180.030.980.10.50.07-0.470.550.90.79-0.55-0.23-0.390.40.07
0.610.580.240.360.640.510.620.050.030.690.690.030.030.690.620.660.520.610.240.41-0.18-0.05-0.20.67-0.67
0.520.570.60.870.48-0.140.510.340.290.030.130.980.030.060.540.06-0.470.520.930.73-0.5-0.19-0.370.40.04
0.870.810.250.440.860.610.880.440.231.01.00.10.690.060.790.920.60.870.280.62-0.42-0.18-0.340.9-0.89
0.930.920.530.850.920.540.930.550.040.770.810.50.620.540.790.730.310.930.760.75-0.45-0.19-0.390.95-0.78
0.780.680.270.380.750.670.790.420.060.920.920.070.660.060.920.730.60.780.240.5-0.28-0.18-0.220.8-0.87
0.250.160.07-0.150.320.590.260.15-0.180.610.56-0.470.52-0.470.60.310.60.25-0.29-0.060.020.090.030.41-0.75
1.00.980.460.810.960.471.00.580.350.860.910.550.610.520.870.930.780.250.710.9-0.57-0.26-0.420.95-0.71
0.70.760.60.980.660.130.70.50.190.260.350.90.240.930.280.760.24-0.290.710.8-0.45-0.22-0.320.61-0.2
0.890.90.470.840.840.150.880.520.610.610.690.790.410.730.620.750.5-0.060.90.8-0.69-0.24-0.450.76-0.36
-0.57-0.66-0.44-0.48-0.640.35-0.54-0.05-0.44-0.42-0.45-0.55-0.18-0.5-0.42-0.45-0.280.02-0.57-0.45-0.69-0.150.83-0.590.33
-0.25-0.17-0.02-0.22-0.14-0.27-0.27-0.08-0.3-0.17-0.21-0.23-0.05-0.19-0.18-0.19-0.180.09-0.26-0.22-0.24-0.15-0.13-0.11-0.03
-0.43-0.51-0.38-0.34-0.490.44-0.410.27-0.23-0.34-0.36-0.39-0.2-0.37-0.34-0.39-0.220.03-0.42-0.32-0.450.83-0.13-0.510.32
0.950.940.490.720.980.480.950.470.150.890.910.40.670.40.90.950.80.410.950.610.76-0.59-0.11-0.51-0.85
-0.71-0.67-0.28-0.36-0.76-0.63-0.72-0.340.17-0.88-0.860.07-0.670.04-0.89-0.78-0.87-0.75-0.71-0.2-0.360.33-0.030.32-0.85
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Cholamandalam Financial Account Relationship Matchups

Cholamandalam Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets758.4B886.2B977.7B1.3T1.8T1.9T
Short Long Term Debt Total551.9B639.7B943.9B1.2T1.3T1.4T
Other Current Liab28.0B46.9B465.1M88.1B43.3B45.4B
Total Current Liabilities201.0B295.4B282.2B1.1T530.3B556.8B
Total Stockholder Equity45.9B53.9B64.5B76.6B102.4B107.5B
Property Plant And Equipment Net3.7B3.4B3.8B5.4B16.7B17.5B
Net Debt514.9B622.6B664.3B961.4B1.3T1.4T
Accounts Payable6.0B6.9B7.5B9.6B12.1B6.8B
Cash37.0B17.1B28.0B10.6B9.7B10.6B
Non Current Assets Total520.9B594.8B713.1B33.6B1.8T1.8T
Non Currrent Assets Other518.9B547.9B579.2B209.9B1.6T1.6T
Cash And Short Term Investments106.9B85.1B48.6B212.8B50.0B38.3B
Common Stock Shares Outstanding187.7M187.7M187.7M187.8M187.8M205.3M
Short Term Investments70.0B68.1B20.6B202.2B40.3B27.7B
Liabilities And Stockholders Equity758.4B886.2B977.7B1.3T1.8T1.9T
Non Current Liabilities Total460.4B477.2B559.2B61.1B1.5T1.6T
Inventory122.1B194.2B209.0B1.1T1.2T1.3T
Other Current Assets130.7B206.5B890.8M5.6B389.9B409.4B
Other Stockholder Equity4.0B(799.2M)(7.0B)(18.4B)43.5B45.7B
Total Liab661.4B772.6B841.4B1.1T1.5T1.6T
Total Current Assets237.6B291.4B264.6B1.3T439.9B461.8B
Accumulated Other Comprehensive Income(1.9B)6.9B10.8B11.1B102.2B107.3B
Intangible Assets482.3M489.2M504M696M551M578.6M
Net Receivables4.2B6.1B6.2B6.7B22.3B21.2B
Retained Earnings18.9B23.8B30.3B41.9B72.3B75.9B
Current Deferred Revenue5.7B7.0B22.7B17.1B(1.3T)(1.3T)
Short Term Debt167.0B241.1B251.6B971.9B474.9B498.7B
Other Liab82.3B94.6B96.2B121.4B139.7B72.6B
Net Tangible Assets38.5B45.0B52.9B63.5B73.1B45.5B
Other Assets14.1B17.9B18.2B225.7M(429.4B)(408.0B)
Long Term Debt380.4B638.0B692.3B628.7B1.3T1.4T
Long Term Debt Total380.4B364.6B692.3B236.5B271.9B333.3B
Capital Surpluse22.9B23.0B23.2B23.5B27.0B18.8B
Short Long Term Debt165.5B240.4B251.6B971.9B474.9B288.2B
Property Plant Equipment3.7B3.4B3.8B5.4B4.9B3.2B
Non Current Liabilities Other197.8M476.5M598.9M1.4B1.7B1.8B
Cash And Equivalents30.4B1.1B26.1B7.8B8.9B14.8B

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Other Information on Investing in Cholamandalam Stock

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