Indegene Net Debt vs Retained Earnings Analysis

INDGN Stock

590.90 0.15 0.03%

Indegene financial indicator trend analysis is infinitely more than just investigating Indegene recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indegene is a good investment. Please check the relationship between Indegene Net Debt and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indegene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indegene Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Indegene's Net Debt and Retained Earnings is -0.19. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Indegene, assuming nothing else is changed. The correlation between historical values of Indegene's Net Debt and Retained Earnings 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 Indegene are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., Indegene's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.19

Relationship Direction	Negative
Relationship Strength	Insignificant

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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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Indegene's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indegene 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 Indegene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 12th of December 2024, Selling General Administrative is likely to drop to about 650.9 M

	2021	2022	2023	2024 (projected)
Total Revenue	16.6B	23.1B	25.9B	18.0B
Depreciation And Amortization	334.5M	598.1M	506M	412.4M

Total Revenue Depreciation And Amortization

Indegene 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	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Inventory
Total Assets		-0.02	0.97	0.98	0.97	0.95	0.01	0.95	0.94	0.05	0.96	-0.71	0.98	0.99	0.94	0.68	0.5	0.96	-0.54	0.86	0.99	-0.6	0.9	0.91	0.98	-0.58
Short Long Term Debt Total	-0.02		0.02	-0.04	-0.26	-0.05	0.91	-0.28	-0.26	-0.57	0.19	0.67	-0.1	-0.13	0.25	-0.63	0.82	-0.1	-0.11	0.48	-0.11	0.41	0.18	0.12	0.1	-0.05
Other Current Liab	0.97	0.02		0.93	0.94	0.89	0.11	0.95	0.94	-0.11	0.96	-0.68	0.93	0.94	0.95	0.64	0.48	0.98	-0.65	0.82	0.95	-0.52	0.91	0.92	0.99	-0.47
Total Current Liabilities	0.98	-0.04	0.93		0.95	0.9	-0.07	0.93	0.95	0.22	0.91	-0.67	1.0	0.96	0.87	0.65	0.44	0.95	-0.55	0.84	0.99	-0.51	0.85	0.86	0.94	-0.49
Total Stockholder Equity	0.97	-0.26	0.94	0.95		0.92	-0.2	1.0	0.98	0.16	0.88	-0.85	0.97	0.98	0.85	0.81	0.27	0.96	-0.52	0.7	0.98	-0.67	0.82	0.85	0.93	-0.53
Property Plant And Equipment Net	0.95	-0.05	0.89	0.9	0.92		0.02	0.91	0.84	-0.02	0.94	-0.75	0.91	0.98	0.92	0.75	0.52	0.84	-0.34	0.83	0.94	-0.77	0.88	0.9	0.93	-0.78
Net Debt	0.01	0.91	0.11	-0.07	-0.2	0.02		-0.19	-0.22	-0.83	0.26	0.5	-0.12	-0.06	0.33	-0.44	0.79	-0.05	-0.24	0.44	-0.1	0.3	0.33	0.28	0.17	-0.09
Retained Earnings	0.95	-0.28	0.95	0.93	1.0	0.91	-0.19		0.98	0.12	0.87	-0.86	0.95	0.97	0.85	0.82	0.24	0.96	-0.54	0.67	0.97	-0.66	0.82	0.85	0.93	-0.5
Accounts Payable	0.94	-0.26	0.94	0.95	0.98	0.84	-0.22	0.98		0.21	0.84	-0.8	0.96	0.93	0.81	0.76	0.21	0.98	-0.63	0.67	0.97	-0.52	0.8	0.82	0.91	-0.36
Cash	0.05	-0.57	-0.11	0.22	0.16	-0.02	-0.83	0.12	0.21		-0.2	-0.23	0.23	0.06	-0.27	0.21	-0.51	0.07	0.13	-0.19	0.16	-0.03	-0.25	-0.24	-0.12	0.16
Non Current Assets Total	0.96	0.19	0.96	0.91	0.88	0.94	0.26	0.87	0.84	-0.2		-0.58	0.9	0.94	1.0	0.56	0.68	0.9	-0.51	0.93	0.92	-0.57	0.93	0.94	0.99	-0.65
Non Currrent Assets Other	-0.71	0.67	-0.68	-0.67	-0.85	-0.75	0.5	-0.86	-0.8	-0.23	-0.58		-0.71	-0.8	-0.53	-0.98	0.16	-0.71	0.29	-0.29	-0.75	0.8	-0.58	-0.63	-0.65	0.48
Cash And Short Term Investments	0.98	-0.1	0.93	1.0	0.97	0.91	-0.12	0.95	0.96	0.23	0.9	-0.71		0.96	0.87	0.68	0.4	0.96	-0.54	0.81	1.0	-0.54	0.83	0.84	0.94	-0.49
Net Receivables	0.99	-0.13	0.94	0.96	0.98	0.98	-0.06	0.97	0.93	0.06	0.94	-0.8	0.96		0.91	0.78	0.43	0.93	-0.46	0.8	0.98	-0.71	0.88	0.91	0.96	-0.65
Good Will	0.94	0.25	0.95	0.87	0.85	0.92	0.33	0.85	0.81	-0.27	1.0	-0.53	0.87	0.91		0.51	0.71	0.88	-0.52	0.93	0.89	-0.54	0.93	0.93	0.98	-0.63
Common Stock Shares Outstanding	0.68	-0.63	0.64	0.65	0.81	0.75	-0.44	0.82	0.76	0.21	0.56	-0.98	0.68	0.78	0.51		-0.12	0.67	-0.34	0.3	0.72	-0.75	0.63	0.67	0.63	-0.47
Non Current Liabilities Total	0.5	0.82	0.48	0.44	0.27	0.52	0.79	0.24	0.21	-0.51	0.68	0.16	0.4	0.43	0.71	-0.12		0.34	-0.21	0.86	0.4	-0.12	0.62	0.58	0.58	-0.53
Other Current Assets	0.96	-0.1	0.98	0.95	0.96	0.84	-0.05	0.96	0.98	0.07	0.9	-0.71	0.96	0.93	0.88	0.67	0.34		-0.68	0.75	0.96	-0.47	0.84	0.86	0.95	-0.36
Other Stockholder Equity	-0.54	-0.11	-0.65	-0.55	-0.52	-0.34	-0.24	-0.54	-0.63	0.13	-0.51	0.29	-0.54	-0.46	-0.52	-0.34	-0.21	-0.68		-0.44	-0.53	-0.21	-0.69	-0.67	-0.61	-0.27
Total Liab	0.86	0.48	0.82	0.84	0.7	0.83	0.44	0.67	0.67	-0.19	0.93	-0.29	0.81	0.8	0.93	0.3	0.86	0.75	-0.44		0.81	-0.36	0.86	0.84	0.89	-0.6
Total Current Assets	0.99	-0.11	0.95	0.99	0.98	0.94	-0.1	0.97	0.97	0.16	0.92	-0.75	1.0	0.98	0.89	0.72	0.4	0.96	-0.53	0.81		-0.59	0.86	0.88	0.96	-0.54
Short Term Debt	-0.6	0.41	-0.52	-0.51	-0.67	-0.77	0.3	-0.66	-0.52	-0.03	-0.57	0.8	-0.54	-0.71	-0.54	-0.75	-0.12	-0.47	-0.21	-0.36	-0.59		-0.44	-0.49	-0.54	0.87
Intangible Assets	0.9	0.18	0.91	0.85	0.82	0.88	0.33	0.82	0.8	-0.25	0.93	-0.58	0.83	0.88	0.93	0.63	0.62	0.84	-0.69	0.86	0.86	-0.44		1.0	0.94	-0.5
Common Stock	0.91	0.12	0.92	0.86	0.85	0.9	0.28	0.85	0.82	-0.24	0.94	-0.63	0.84	0.91	0.93	0.67	0.58	0.86	-0.67	0.84	0.88	-0.49	1.0		0.95	-0.52
Short Term Investments	0.98	0.1	0.99	0.94	0.93	0.93	0.17	0.93	0.91	-0.12	0.99	-0.65	0.94	0.96	0.98	0.63	0.58	0.95	-0.61	0.89	0.96	-0.54	0.94	0.95		-0.55
Inventory	-0.58	-0.05	-0.47	-0.49	-0.53	-0.78	-0.09	-0.5	-0.36	0.16	-0.65	0.48	-0.49	-0.65	-0.63	-0.47	-0.53	-0.36	-0.27	-0.6	-0.54	0.87	-0.5	-0.52	-0.55

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Indegene Stock

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

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Indegene Net Debt vs Retained Earnings Analysis

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Debt

Retained Earnings

Indegene fundamental ratios Correlations

Indegene Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Indegene Stock

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Cash And Short Term Investments	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Good Will	+ 1.0	Non Current Assets Total
Total Current Assets	+ 1.0	Cash And Short Term Investments
Common Stock	+ 1.0	Intangible Assets
Net Receivables	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.98	Non Currrent Assets Other
Non Currrent Assets Other	- 0.86	Retained Earnings
Non Currrent Assets Other	- 0.85	Total Stockholder Equity
Cash	- 0.83	Net Debt
Net Receivables	- 0.8	Non Currrent Assets Other
Non Currrent Assets Other	- 0.8	Accounts Payable