Hindustan Net Receivables vs Total Current Liabilities Analysis
HNDFDS Stock | 554.40 2.05 0.37% |
Hindustan Foods financial indicator trend analysis is much more than just examining Hindustan Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hindustan Foods is a good investment. Please check the relationship between Hindustan Foods Net Receivables and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Foods 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 unemployment.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hindustan Foods Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Hindustan Foods' Net Receivables and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Hindustan Foods Limited, assuming nothing else is changed. The correlation between historical values of Hindustan Foods' Net Receivables and Total Current Liabilities 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 Receivables of Hindustan Foods Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Hindustan Foods' Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Hindustan Foods balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hindustan Foods Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Hindustan Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hindustan Foods 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hindustan Foods 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 unemployment. At present, Hindustan Foods' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 1.8 B, whereas Tax Provision is forecasted to decline to about 143.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 196.9M | 358.0M | 566.8M | 595.2M | Depreciation And Amortization | 245.1M | 374.1M | 548.0M | 575.4M |
Hindustan Foods fundamental ratios Correlations
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Hindustan Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Hindustan Foods fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.4B | 6.9B | 9.9B | 13.4B | 19.3B | 20.2B | |
Short Long Term Debt Total | 1.6B | 2.2B | 3.5B | 5.1B | 7.3B | 7.7B | |
Total Current Liabilities | 2.0B | 2.7B | 3.8B | 5.0B | 6.9B | 7.2B | |
Total Stockholder Equity | 1.9B | 2.2B | 3.0B | 3.7B | 6.5B | 6.8B | |
Property Plant And Equipment Net | 2.7B | 3.2B | 5.1B | 6.8B | 9.2B | 9.7B | |
Net Debt | 1.3B | 1.7B | 3.2B | 4.7B | 6.8B | 7.1B | |
Accounts Payable | 1.4B | 2.1B | 2.7B | 3.4B | 4.3B | 4.5B | |
Cash | 287.9M | 444.4M | 326.0M | 398.7M | 431.8M | 453.4M | |
Non Current Assets Total | 2.9B | 3.5B | 5.5B | 7.4B | 10.6B | 11.1B | |
Non Currrent Assets Other | 107.2M | 111.9M | 687.0M | 1.0B | 164.7M | 186.7M | |
Cash And Short Term Investments | 311.4M | 448.5M | 377.6M | 1.0B | 433.5M | 455.1M | |
Common Stock Shares Outstanding | 91.3M | 95.0M | 112.7M | 112.7M | 113.0M | 67.1M | |
Liabilities And Stockholders Equity | 5.4B | 6.9B | 9.9B | 13.4B | 19.3B | 20.2B | |
Non Current Liabilities Total | 1.5B | 2.1B | 3.1B | 4.6B | 5.9B | 6.2B | |
Inventory | 1.1B | 1.7B | 2.4B | 3.3B | 4.9B | 5.2B | |
Other Current Assets | 354.8M | 441.3M | 542.3M | 663.3M | 846.6M | 888.9M | |
Other Stockholder Equity | 1.3B | 1.3B | 1.3B | 1.3B | 2.3B | 2.4B | |
Total Liab | 3.5B | 4.7B | 6.8B | 9.6B | 12.8B | 13.4B | |
Total Current Assets | 2.5B | 3.4B | 4.4B | 6.0B | 8.7B | 9.1B | |
Accumulated Other Comprehensive Income | (22.4M) | 17.5M | 56.4M | 56.4M | 832.9M | 874.5M | |
Common Stock | 129.9M | 134.9M | 212.0M | 225.5M | 229.1M | 140.3M | |
Retained Earnings | 324.5M | 669.4M | 1.4B | 2.1B | 3.1B | 3.2B | |
Net Receivables | 605.1M | 866.6M | 1.1B | 1.5B | 2.5B | 2.6B | |
Short Term Debt | 261.2M | 304.1M | 743.8M | 1.1B | 1.9B | 2.0B | |
Intangible Assets | 10.3M | 5.1M | 684K | 4.4M | 14.6M | 15.3M | |
Other Liab | 102.4M | 163.4M | 206.9M | 295.4M | 339.7M | 356.7M | |
Net Tangible Assets | 1.9B | 2.2B | 3.0B | 3.7B | 4.3B | 4.5B | |
Current Deferred Revenue | 318.8M | 213.6M | 47.0M | 221.7M | 168.2M | 121.6M | |
Other Assets | 105.4M | 253.6M | 319.3M | (1K) | (1.2K) | (1.1K) | |
Long Term Debt | 1.4B | 1.9B | 2.5B | 3.8B | 5.0B | 5.2B | |
Long Term Debt Total | 1.4B | 1.9B | 2.8B | 4.0B | 4.6B | 4.9B | |
Property Plant Equipment | 2.7B | 3.2B | 5.1B | 6.8B | 7.8B | 8.2B | |
Short Term Investments | 23.5M | 4.1M | 51.6M | 619.3M | 1.7M | 1.6M | |
Cash And Equivalents | 152.1M | 210M | 154.3M | 19.0M | 17.1M | 16.2M | |
Capital Lease Obligations | 16.5M | 22.4M | 239.6M | 212.7M | 438.9M | 460.8M | |
Net Invested Capital | 3.5B | 2.2B | 6.3B | 8.7B | 13.3B | 14.0B | |
Short Long Term Debt | 256.7M | 1.4M | 729.7M | 1.1B | 1.9B | 2.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Hindustan Stock
Balance Sheet is a snapshot of the financial position of Hindustan Foods at a specified time, usually calculated after every quarter, six months, or one year. Hindustan Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hindustan Foods 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 Hindustan currently owns. An asset can also be divided into two categories, current and non-current.