Dhanuka Net Debt vs Inventory Analysis

DHANUKA Stock

1,568 31.85 1.99%

Dhanuka Agritech financial indicator trend analysis is much more than just examining Dhanuka Agritech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dhanuka Agritech is a good investment. Please check the relationship between Dhanuka Agritech Net Debt and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dhanuka Agritech 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 employment.

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dhanuka Agritech Net Debt account and Inventory. At this time, the significance of the direction appears to have very week relationship.

The correlation between Dhanuka Agritech's Net Debt and Inventory is 0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Inventory in the same time period over historical financial statements of Dhanuka Agritech Limited, assuming nothing else is changed. The correlation between historical values of Dhanuka Agritech's Net Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Dhanuka Agritech Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Debt i.e., Dhanuka Agritech's Net Debt and Inventory go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Inventory

Most indicators from Dhanuka Agritech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dhanuka Agritech 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dhanuka Agritech 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 employment.

As of December 19, 2024, Selling General Administrative is expected to decline to about 131.4 M. In addition to that, Tax Provision is expected to decline to about 609.3 M

	2021	2022	2023	2024 (projected)
Interest Expense	32.0M	31.2M	31.5M	29.9M
Depreciation And Amortization	162.8M	176.1M	405.6M	425.9M

Interest Expense Depreciation And Amortization

Dhanuka Agritech 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	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	Common Stock	Short Term Debt	Accounts Payable	Net Receivables	Other Assets	Short Term Investments	Intangible Assets	Current Deferred Revenue
Total Assets		0.13	0.45	0.82	1.0	0.97	0.22	-0.34	0.98	0.11	0.65	-0.68	0.52	0.83	0.84	-0.91	0.84	0.86	-0.14	-0.59	0.85	0.9	-0.34	0.68	0.07	0.07
Short Long Term Debt Total	0.13		0.43	0.3	0.09	0.11	0.93	-0.27	0.08	0.02	0.28	-0.3	0.35	0.13	0.32	-0.34	0.32	0.18	0.04	0.34	0.19	0.12	-0.43	0.33	-0.45	0.55
Other Current Liab	0.45	0.43		0.79	0.39	0.33	0.47	-0.29	0.32	0.3	0.69	-0.16	0.53	0.58	0.3	-0.51	0.79	0.63	-0.09	-0.03	0.6	0.56	-0.23	0.7	-0.27	0.71
Total Current Liabilities	0.82	0.3	0.79		0.78	0.72	0.36	-0.31	0.73	0.14	0.83	-0.3	0.57	0.92	0.57	-0.79	0.99	0.95	-0.03	-0.36	0.91	0.91	-0.23	0.83	0.02	0.41
Total Stockholder Equity	1.0	0.09	0.39	0.78		0.97	0.18	-0.33	0.99	0.09	0.6	-0.69	0.5	0.81	0.85	-0.9	0.8	0.84	-0.14	-0.6	0.83	0.89	-0.32	0.64	0.09	0.0
Property Plant And Equipment Net	0.97	0.11	0.33	0.72	0.97		0.22	-0.39	0.99	0.17	0.51	-0.71	0.46	0.77	0.81	-0.85	0.74	0.76	-0.19	-0.58	0.78	0.86	-0.41	0.56	-0.02	0.01
Net Debt	0.22	0.93	0.47	0.36	0.18	0.22		-0.6	0.16	-0.05	0.29	-0.26	0.41	0.24	0.35	-0.33	0.39	0.25	-0.03	0.25	0.21	0.18	-0.47	0.36	-0.37	0.54
Cash	-0.34	-0.27	-0.29	-0.31	-0.33	-0.39	-0.6		-0.33	0.13	-0.13	0.16	-0.29	-0.32	-0.3	0.2	-0.33	-0.27	0.19	0.11	-0.15	-0.24	0.32	-0.23	0.04	-0.19
Non Current Assets Total	0.98	0.08	0.32	0.73	0.99	0.99	0.16	-0.33		0.12	0.54	-0.71	0.48	0.78	0.83	-0.88	0.75	0.79	-0.14	-0.61	0.81	0.88	-0.38	0.58	0.03	-0.01
Non Currrent Assets Other	0.11	0.02	0.3	0.14	0.09	0.17	-0.05	0.13	0.12		0.11	-0.21	0.05	0.11	-0.15	0.05	0.14	0.01	-0.1	-0.13	0.12	0.07	-0.29	0.11	-0.41	0.38
Cash And Short Term Investments	0.65	0.28	0.69	0.83	0.6	0.51	0.29	-0.13	0.54	0.11		-0.28	0.74	0.65	0.48	-0.61	0.86	0.8	0.02	-0.47	0.8	0.69	-0.28	0.99	0.18	0.57
Common Stock Shares Outstanding	-0.68	-0.3	-0.16	-0.3	-0.69	-0.71	-0.26	0.16	-0.71	-0.21	-0.28		-0.35	-0.23	-0.81	0.71	-0.36	-0.29	0.18	0.32	-0.43	-0.39	0.55	-0.36	0.35	-0.08
Non Current Liabilities Total	0.52	0.35	0.53	0.57	0.5	0.46	0.41	-0.29	0.48	0.05	0.74	-0.35		0.51	0.61	-0.52	0.67	0.64	0.15	-0.6	0.6	0.51	-0.56	0.77	0.12	0.49
Inventory	0.83	0.13	0.58	0.92	0.81	0.77	0.24	-0.32	0.78	0.11	0.65	-0.23	0.51		0.56	-0.74	0.9	0.95	-0.04	-0.51	0.86	0.92	-0.11	0.64	0.2	0.13
Other Current Assets	0.84	0.32	0.3	0.57	0.85	0.81	0.35	-0.3	0.83	-0.15	0.48	-0.81	0.61	0.56		-0.91	0.63	0.67	-0.08	-0.45	0.67	0.68	-0.5	0.54	-0.05	-0.01
Other Stockholder Equity	-0.91	-0.34	-0.51	-0.79	-0.9	-0.85	-0.33	0.2	-0.88	0.05	-0.61	0.71	-0.52	-0.74	-0.91		-0.81	-0.82	0.09	0.36	-0.85	-0.86	0.39	-0.64	0.11	-0.12
Total Liab	0.84	0.32	0.79	0.99	0.8	0.74	0.39	-0.33	0.75	0.14	0.86	-0.36	0.67	0.9	0.63	-0.81		0.95	-0.02	-0.43	0.91	0.9	-0.3	0.87	0.03	0.44
Total Current Assets	0.86	0.18	0.63	0.95	0.84	0.76	0.25	-0.27	0.79	0.01	0.8	-0.29	0.64	0.95	0.67	-0.82	0.95		-0.02	-0.52	0.92	0.94	-0.2	0.79	0.21	0.21
Common Stock	-0.14	0.04	-0.09	-0.03	-0.14	-0.19	-0.03	0.19	-0.14	-0.1	0.02	0.18	0.15	-0.04	-0.08	0.09	-0.02	-0.02		0.11	-0.04	-0.1	-0.22	-0.01	-0.07	0.14
Short Term Debt	-0.59	0.34	-0.03	-0.36	-0.6	-0.58	0.25	0.11	-0.61	-0.13	-0.47	0.32	-0.6	-0.51	-0.45	0.36	-0.43	-0.52	0.11		-0.5	-0.48	0.18	-0.48	-0.53	0.08
Accounts Payable	0.85	0.19	0.6	0.91	0.83	0.78	0.21	-0.15	0.81	0.12	0.8	-0.43	0.6	0.86	0.67	-0.85	0.91	0.92	-0.04	-0.5		0.95	-0.34	0.79	0.0	0.29
Net Receivables	0.9	0.12	0.56	0.91	0.89	0.86	0.18	-0.24	0.88	0.07	0.69	-0.39	0.51	0.92	0.68	-0.86	0.9	0.94	-0.1	-0.48	0.95		-0.24	0.69	0.06	0.13
Other Assets	-0.34	-0.43	-0.23	-0.23	-0.32	-0.41	-0.47	0.32	-0.38	-0.29	-0.28	0.55	-0.56	-0.11	-0.5	0.39	-0.3	-0.2	-0.22	0.18	-0.34	-0.24		-0.36	0.51	-0.43
Short Term Investments	0.68	0.33	0.7	0.83	0.64	0.56	0.36	-0.23	0.58	0.11	0.99	-0.36	0.77	0.64	0.54	-0.64	0.87	0.79	-0.01	-0.48	0.79	0.69	-0.36		0.13	0.59
Intangible Assets	0.07	-0.45	-0.27	0.02	0.09	-0.02	-0.37	0.04	0.03	-0.41	0.18	0.35	0.12	0.2	-0.05	0.11	0.03	0.21	-0.07	-0.53	0.0	0.06	0.51	0.13		-0.46
Current Deferred Revenue	0.07	0.55	0.71	0.41	0.0	0.01	0.54	-0.19	-0.01	0.38	0.57	-0.08	0.49	0.13	-0.01	-0.12	0.44	0.21	0.14	0.08	0.29	0.13	-0.43	0.59	-0.46

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Dhanuka Agritech Account Relationship Matchups

Dhanuka Agritech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.3B	11.3B	13.1B	14.1B	15.8B	16.6B
Short Long Term Debt Total	128.8M	484.3M	318.1M	335.2M	269.8M	245.6M
Other Current Liab	707.0M	1.3B	1.2B	1.0B	1.0B	721.8M
Total Current Liabilities	2.0B	2.8B	3.0B	3.0B	2.8B	1.9B
Total Stockholder Equity	7.1B	8.0B	9.6B	10.6B	12.6B	13.2B
Property Plant And Equipment Net	1.4B	1.7B	2.1B	3.2B	3.5B	3.7B
Net Debt	(123.5M)	478.2M	303.2M	300.3M	264.7M	203.0M
Cash	252.2M	6.1M	14.8M	34.8M	5.1M	4.8M
Non Current Assets Total	2.7B	2.7B	3.6B	5.1B	5.5B	5.8B
Non Currrent Assets Other	1K	(2.2B)	(10K)	60.6M	351.5M	369.0M
Cash And Short Term Investments	849.4M	1.9B	2.0B	1.7B	723.5M	629.0M
Common Stock Shares Outstanding	47.6M	47.2M	46.6M	46.4M	45.6M	38.4M
Liabilities And Stockholders Equity	9.3B	11.3B	13.1B	14.1B	15.8B	16.6B
Non Current Liabilities Total	270.3M	589.9M	474.0M	460.6M	451.2M	314.9M
Inventory	2.5B	3.0B	3.5B	3.5B	4.2B	2.2B
Other Current Assets	891.6M	1.3B	1.3B	1.1B	1.9B	2.0B
Other Stockholder Equity	(7.6B)	(7.9B)	(9.6B)	(10.6B)	(12.4B)	(11.8B)
Total Liab	2.2B	3.3B	3.5B	3.4B	3.2B	2.4B
Total Current Assets	6.7B	8.6B	9.5B	9.0B	10.3B	5.6B
Accumulated Other Comprehensive Income	(373.0M)	(517.9M)	16.4M	18.4M	21.2M	22.3M
Short Term Debt	103.0M	121.4M	44.5M	78.5M	45.2M	43.0M
Accounts Payable	1.1B	959.2M	1.6B	1.6B	1.5B	937.0M
Net Receivables	2.4B	2.4B	2.8B	3.4B	3.5B	2.4B
Other Assets	233.8M	79.2M	106.7M	60.6M	54.6M	51.8M
Short Term Investments	597.2M	1.9B	2.0B	1.6B	718.4M	789.6M
Intangible Assets	23.4M	19.3M	15.5M	11.9M	9.0M	8.5M
Current Deferred Revenue	(171.8M)	1.1B	1.0B	855.4M	153.5M	145.8M
Retained Earnings	7.0B	7.9B	9.5B	10.5B	12.4B	6.9B
Other Liab	299.4M	244.5M	226.9M	200.5M	180.5M	225.4M
Net Tangible Assets	6.4B	7.1B	7.9B	9.6B	11.0B	6.7B
Short Long Term Debt	79.8M	83.6M	9.6M	38.1M	4.7M	4.4M
Property Plant Equipment	1.2B	1.7B	2.1B	3.2B	3.6B	3.8B
Long Term Debt Total	25.8M	362.9M	273.5M	256.6M	295.1M	309.9M
Cash And Equivalents	100.0M	0.0	220.2M	34.8M	40.1M	66.9M
Net Invested Capital	7.2B	8.0B	9.6B	10.7B	12.6B	9.6B
Net Working Capital	4.7B	5.8B	6.5B	6.0B	7.5B	6.1B

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Other Information on Investing in Dhanuka Stock

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

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Dhanuka Net Debt vs Inventory Analysis

Net Debt vs Inventory

Net Debt vs Inventory Correlation Analysis

Correlation Coefficient

Net Debt

Inventory

Dhanuka Agritech fundamental ratios Correlations

Dhanuka Agritech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dhanuka Agritech fundamental ratios Accounts

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Other Information on Investing in Dhanuka Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Term Investments	+ 0.99	Cash And Short Term Investments
Non Current Assets Total	+ 0.98	Total Assets

Other Stockholder Equity	- 0.91	Other Current Assets
Other Stockholder Equity	- 0.91	Total Assets
Other Stockholder Equity	- 0.9	Total Stockholder Equity
Other Stockholder Equity	- 0.88	Non Current Assets Total
Net Receivables	- 0.86	Other Stockholder Equity
Accounts Payable	- 0.85	Other Stockholder Equity