Indraprastha Change To Inventory vs Change To Liabilities Analysis

INDRAMEDCO   436.85  0.55  0.13%   
Indraprastha Medical financial indicator trend analysis is infinitely more than just investigating Indraprastha Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indraprastha Medical is a good investment. Please check the relationship between Indraprastha Medical Change To Inventory and its Change To Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indraprastha Medical. 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.

Change To Inventory vs Change To Liabilities

Change To Inventory vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indraprastha Medical Change To Inventory account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Indraprastha Medical's Change To Inventory and Change To Liabilities is -0.28. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Indraprastha Medical, assuming nothing else is changed. The correlation between historical values of Indraprastha Medical's Change To Inventory and Change To 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 Change To Inventory of Indraprastha Medical are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Inventory i.e., Indraprastha Medical's Change To Inventory and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Liabilities

Most indicators from Indraprastha Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indraprastha Medical 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 Indraprastha Medical. 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.
The current year's Tax Provision is expected to grow to about 442.6 M, whereas Selling General Administrative is forecasted to decline to about 111.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense100K42.8M40.6M35.6M
Depreciation And Amortization349.4M392.7M400.8M300.3M

Indraprastha Medical fundamental ratios Correlations

-0.18-0.090.280.880.78-0.440.610.950.67-0.210.68-0.03-0.160.1-0.460.260.95-0.380.360.08-0.010.690.20.67-0.38
-0.18-0.010.55-0.52-0.020.91-0.6-0.19-0.350.69-0.060.480.28-0.380.440.67-0.160.060.24-0.140.2-0.460.18-0.240.85
-0.09-0.010.1-0.22-0.140.02-0.06-0.08-0.01-0.340.070.510.070.380.440.25-0.09-0.010.42-0.1-0.53-0.15-0.590.010.11
0.280.550.1-0.190.530.52-0.370.33-0.160.70.04-0.030.630.120.250.950.21-0.020.20.150.46-0.20.46-0.070.55
0.88-0.52-0.22-0.190.56-0.730.790.810.71-0.520.59-0.17-0.420.08-0.59-0.240.85-0.310.20.08-0.160.780.030.66-0.67
0.78-0.02-0.140.530.56-0.170.290.920.360.060.45-0.190.210.16-0.330.460.58-0.290.120.220.130.410.290.38-0.21
-0.440.910.020.52-0.73-0.17-0.88-0.41-0.70.75-0.420.350.48-0.30.620.57-0.430.4-0.06-0.090.3-0.780.22-0.610.93
0.61-0.6-0.06-0.370.790.29-0.880.550.95-0.630.72-0.14-0.590.14-0.7-0.340.62-0.710.380.02-0.330.97-0.220.9-0.81
0.95-0.19-0.080.330.810.92-0.410.550.59-0.20.6-0.1-0.030.14-0.420.290.81-0.360.250.11-0.040.620.170.58-0.4
0.67-0.35-0.01-0.160.710.36-0.70.950.59-0.460.880.04-0.580.04-0.68-0.080.68-0.860.54-0.05-0.280.98-0.130.99-0.62
-0.210.69-0.340.7-0.520.060.75-0.63-0.2-0.46-0.31-0.180.47-0.330.30.61-0.190.17-0.130.140.67-0.460.6-0.370.76
0.68-0.060.070.040.590.45-0.420.720.60.88-0.310.32-0.48-0.02-0.650.190.7-0.850.58-0.07-0.250.810.030.91-0.37
-0.030.480.51-0.03-0.17-0.190.35-0.14-0.10.04-0.180.32-0.21-0.270.170.270.04-0.10.33-0.49-0.47-0.13-0.280.10.27
-0.160.280.070.63-0.420.210.48-0.59-0.03-0.580.47-0.48-0.210.260.50.5-0.270.44-0.280.260.25-0.550.29-0.560.39
0.1-0.380.380.120.080.16-0.30.140.140.04-0.33-0.02-0.270.260.120.030.04-0.010.310.540.020.1-0.36-0.01-0.29
-0.460.440.440.25-0.59-0.330.62-0.7-0.42-0.680.3-0.650.170.50.120.25-0.450.610.090.07-0.15-0.74-0.3-0.650.65
0.260.670.250.95-0.240.460.57-0.340.29-0.080.610.190.270.50.030.250.22-0.140.330.00.29-0.170.340.030.59
0.95-0.16-0.090.210.850.58-0.430.620.810.68-0.190.70.04-0.270.04-0.450.22-0.360.430.040.020.690.220.69-0.32
-0.380.06-0.01-0.02-0.31-0.290.4-0.71-0.36-0.860.17-0.85-0.10.44-0.010.61-0.14-0.36-0.570.00.18-0.80.06-0.890.36
0.360.240.420.20.20.12-0.060.380.250.54-0.130.580.33-0.280.310.090.330.43-0.570.17-0.240.45-0.420.590.07
0.08-0.14-0.10.150.080.22-0.090.020.11-0.050.14-0.07-0.490.260.540.070.00.040.00.170.260.06-0.12-0.08-0.11
-0.010.2-0.530.46-0.160.130.3-0.33-0.04-0.280.67-0.25-0.470.250.02-0.150.290.020.18-0.240.26-0.180.62-0.260.33
0.69-0.46-0.15-0.20.780.41-0.780.970.620.98-0.460.81-0.13-0.550.1-0.74-0.170.69-0.80.450.06-0.18-0.080.95-0.71
0.20.18-0.590.460.030.290.22-0.220.17-0.130.60.03-0.280.29-0.36-0.30.340.220.06-0.42-0.120.62-0.08-0.090.25
0.67-0.240.01-0.070.660.38-0.610.90.580.99-0.370.910.1-0.56-0.01-0.650.030.69-0.890.59-0.08-0.260.95-0.09-0.53
-0.380.850.110.55-0.67-0.210.93-0.81-0.4-0.620.76-0.370.270.39-0.290.650.59-0.320.360.07-0.110.33-0.710.25-0.53
Click cells to compare fundamentals

Indraprastha Medical Account Relationship Matchups

Indraprastha Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B4.3B4.6B5.6B7.2B4.7B
Short Long Term Debt Total138.9M78.2M53.1M24.8M339.5M329.4M
Other Current Liab68.2M768.0M467.6M635M770.1M531.6M
Total Current Liabilities1.4B1.2B935M1.3B1.7B1.6B
Total Stockholder Equity2.7B2.7B3.3B3.8B4.8B2.4B
Property Plant And Equipment Net3.0B2.8B2.8B2.8B3.5B3.0B
Net Debt(64.5M)(171.0M)(364.3M)(497.8M)(276.5M)(262.7M)
Cash203.3M249.2M417.4M522.6M616M646.8M
Non Current Assets Total3.1B2.9B3.0B3.3B4.2B3.1B
Cash And Short Term Investments252.4M296.1M707.9M1.4B2.3B2.4B
Net Receivables969.5M748.4M481.3M746.2M590.1M977.5M
Liabilities And Stockholders Equity4.5B4.3B4.6B5.6B7.2B4.7B
Non Current Liabilities Total415.9M432.9M427.7M460.6M800.6M505.9M
Inventory120.7M87.4M99.9M84.5M75.3M79.8M
Other Current Assets72.2M303.2M333M138M153.1M180.8M
Other Stockholder Equity(2.7B)427.5M379.4M287.2M(3.6B)(3.4B)
Total Liab1.8B1.6B1.4B1.8B2.5B2.3B
Total Current Assets1.4B1.4B1.6B2.2B3.1B1.6B
Accumulated Other Comprehensive Income(1.4B)438.7M379.4M287.2M305.7M321.0M
Non Currrent Assets Other(3.0B)20.3M25.8M70.6M1.7B1.8B
Intangible Assets14.0M33.8M17.1M9.6M10.5M16.3M
Current Deferred Revenue229.8M161.4M97.9M146.7M88M160.0M
Retained Earnings1.3B1.4B2.0B2.6B3.6B3.7B
Accounts Payable1.0B366M370.4M522.9M773.5M569.2M
Short Term Investments49.1M46.9M290.5M832.7M1.7B1.8B
Short Term Debt60.7M25.1M(40.4M)(44.6M)16.8M16.0M
Other Liab392.4M337.7M379.9M402.9M362.6M322.9M
Net Tangible Assets2.4B2.7B2.7B3.2B3.7B2.6B
Other Assets48.4M38.6M44.1M70.6M1.00.95
Property Plant Equipment3.0B2.8B2.8B2.8B2.5B2.3B
Net Invested Capital2.7B2.7B3.3B3.8B4.8B3.6B
Net Working Capital18.7M255.2M639.3M934.5M1.4B1.5B

Also Currently Popular

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 Indraprastha Stock

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