Indegene Net Debt vs Total Liab 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 Total Liab 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 Total Liab

Net Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indegene Net Debt account and Total Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Indegene's Net Debt and Total Liab is 0.44. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Liab 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 Total Liab 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 Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Debt i.e., Indegene's Net Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 11th of December 2024, Selling General Administrative is likely to drop to about 650.9 M
 2021 2022 2023 2024 (projected)
Total Revenue16.6B23.1B25.9B18.0B
Depreciation And Amortization334.5M598.1M506M412.4M

Indegene fundamental ratios Correlations

-0.020.970.980.970.950.010.950.940.050.96-0.710.980.990.940.680.50.96-0.540.860.99-0.60.90.910.98-0.58
-0.020.02-0.04-0.26-0.050.91-0.28-0.26-0.570.190.67-0.1-0.130.25-0.630.82-0.1-0.110.48-0.110.410.180.120.1-0.05
0.970.020.930.940.890.110.950.94-0.110.96-0.680.930.940.950.640.480.98-0.650.820.95-0.520.910.920.99-0.47
0.98-0.040.930.950.9-0.070.930.950.220.91-0.671.00.960.870.650.440.95-0.550.840.99-0.510.850.860.94-0.49
0.97-0.260.940.950.92-0.21.00.980.160.88-0.850.970.980.850.810.270.96-0.520.70.98-0.670.820.850.93-0.53
0.95-0.050.890.90.920.020.910.84-0.020.94-0.750.910.980.920.750.520.84-0.340.830.94-0.770.880.90.93-0.78
0.010.910.11-0.07-0.20.02-0.19-0.22-0.830.260.5-0.12-0.060.33-0.440.79-0.05-0.240.44-0.10.30.330.280.17-0.09
0.95-0.280.950.931.00.91-0.190.980.120.87-0.860.950.970.850.820.240.96-0.540.670.97-0.660.820.850.93-0.5
0.94-0.260.940.950.980.84-0.220.980.210.84-0.80.960.930.810.760.210.98-0.630.670.97-0.520.80.820.91-0.36
0.05-0.57-0.110.220.16-0.02-0.830.120.21-0.2-0.230.230.06-0.270.21-0.510.070.13-0.190.16-0.03-0.25-0.24-0.120.16
0.960.190.960.910.880.940.260.870.84-0.2-0.580.90.941.00.560.680.9-0.510.930.92-0.570.930.940.99-0.65
-0.710.67-0.68-0.67-0.85-0.750.5-0.86-0.8-0.23-0.58-0.71-0.8-0.53-0.980.16-0.710.29-0.29-0.750.8-0.58-0.63-0.650.48
0.98-0.10.931.00.970.91-0.120.950.960.230.9-0.710.960.870.680.40.96-0.540.811.0-0.540.830.840.94-0.49
0.99-0.130.940.960.980.98-0.060.970.930.060.94-0.80.960.910.780.430.93-0.460.80.98-0.710.880.910.96-0.65
0.940.250.950.870.850.920.330.850.81-0.271.0-0.530.870.910.510.710.88-0.520.930.89-0.540.930.930.98-0.63
0.68-0.630.640.650.810.75-0.440.820.760.210.56-0.980.680.780.51-0.120.67-0.340.30.72-0.750.630.670.63-0.47
0.50.820.480.440.270.520.790.240.21-0.510.680.160.40.430.71-0.120.34-0.210.860.4-0.120.620.580.58-0.53
0.96-0.10.980.950.960.84-0.050.960.980.070.9-0.710.960.930.880.670.34-0.680.750.96-0.470.840.860.95-0.36
-0.54-0.11-0.65-0.55-0.52-0.34-0.24-0.54-0.630.13-0.510.29-0.54-0.46-0.52-0.34-0.21-0.68-0.44-0.53-0.21-0.69-0.67-0.61-0.27
0.860.480.820.840.70.830.440.670.67-0.190.93-0.290.810.80.930.30.860.75-0.440.81-0.360.860.840.89-0.6
0.99-0.110.950.990.980.94-0.10.970.970.160.92-0.751.00.980.890.720.40.96-0.530.81-0.590.860.880.96-0.54
-0.60.41-0.52-0.51-0.67-0.770.3-0.66-0.52-0.03-0.570.8-0.54-0.71-0.54-0.75-0.12-0.47-0.21-0.36-0.59-0.44-0.49-0.540.87
0.90.180.910.850.820.880.330.820.8-0.250.93-0.580.830.880.930.630.620.84-0.690.860.86-0.441.00.94-0.5
0.910.120.920.860.850.90.280.850.82-0.240.94-0.630.840.910.930.670.580.86-0.670.840.88-0.491.00.95-0.52
0.980.10.990.940.930.930.170.930.91-0.120.99-0.650.940.960.980.630.580.95-0.610.890.96-0.540.940.95-0.55
-0.58-0.05-0.47-0.49-0.53-0.78-0.09-0.5-0.360.16-0.650.48-0.49-0.65-0.63-0.47-0.53-0.36-0.27-0.6-0.540.87-0.5-0.52-0.55
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Indegene Account Relationship Matchups

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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.