Kothari Inventory vs Net Debt Analysis

KOTHARIPET

210.43 2.52 1.21%

Kothari Petrochemicals financial indicator trend analysis is infinitely more than just investigating Kothari Petrochemicals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kothari Petrochemicals is a good investment. Please check the relationship between Kothari Petrochemicals Inventory and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kothari Petrochemicals 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 nation.

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

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

The correlation between Kothari Petrochemicals' Inventory and Net Debt is -0.33. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Debt in the same time period over historical financial statements of Kothari Petrochemicals Limited, assuming nothing else is changed. The correlation between historical values of Kothari Petrochemicals' Inventory and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Kothari Petrochemicals Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Inventory i.e., Kothari Petrochemicals' Inventory and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Inventory

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.

Most indicators from Kothari Petrochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kothari Petrochemicals 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kothari Petrochemicals 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 nation.

The Kothari Petrochemicals' current Tax Provision is estimated to increase to about 328.6 M, while Selling General Administrative is projected to decrease to under 55.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.1B	1.3B	1.7B	1.7B
Total Revenue	3.8B	4.8B	6.0B	6.3B

Gross Profit Total Revenue

Kothari Petrochemicals fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Non Current Liabilities Total	Current Deferred Revenue	Accounts Payable	Short Term Investments	Short Term Debt	Other Liab
Total Assets		0.43	0.53	0.99	0.77	-0.29	0.99	0.07	0.76	0.27	0.93	0.73	-0.75	0.96	0.35	0.05	0.64	0.97	-0.58	0.28	0.67	-0.14	0.81	0.95	-0.43	0.84
Other Current Liab	0.43		0.35	0.43	0.23	-0.21	0.43	0.12	0.22	0.43	0.56	0.27	-0.18	0.51	0.33	0.43	0.31	0.55	-0.07	0.06	0.18	0.4	0.33	0.56	-0.09	0.36
Total Current Liabilities	0.53	0.35		0.4	0.69	0.34	0.41	0.31	0.62	0.2	0.44	0.27	-0.13	0.47	0.45	0.08	0.94	0.5	0.02	0.75	0.56	0.23	0.57	0.36	0.38	0.54
Total Stockholder Equity	0.99	0.43	0.4		0.71	-0.4	1.0	0.01	0.72	0.26	0.93	0.75	-0.79	0.96	0.29	0.03	0.52	0.97	-0.6	0.14	0.6	-0.19	0.8	0.97	-0.55	0.82
Property Plant And Equipment Net	0.77	0.23	0.69	0.71		0.04	0.72	0.04	0.99	0.05	0.6	0.37	-0.23	0.76	0.41	-0.13	0.85	0.65	0.0	0.4	0.87	0.06	0.92	0.59	-0.21	0.94
Net Debt	-0.29	-0.21	0.34	-0.4	0.04		-0.4	-0.22	0.03	0.04	-0.5	-0.26	0.43	-0.33	0.13	-0.02	0.35	-0.38	0.32	0.6	0.24	0.3	-0.25	-0.46	0.7	-0.15
Retained Earnings	0.99	0.43	0.41	1.0	0.72	-0.4		0.01	0.72	0.26	0.93	0.75	-0.78	0.96	0.29	0.03	0.52	0.97	-0.6	0.15	0.6	-0.19	0.8	0.97	-0.55	0.83
Cash	0.07	0.12	0.31	0.01	0.04	-0.22	0.01		-0.06	0.07	0.3	-0.02	0.04	0.11	-0.03	0.3	0.28	0.16	0.0	0.35	0.13	-0.14	-0.01	0.03	0.4	-0.02
Non Current Assets Total	0.76	0.22	0.62	0.72	0.99	0.03	0.72	-0.06		0.05	0.56	0.36	-0.24	0.75	0.41	-0.16	0.79	0.63	0.0	0.33	0.85	0.06	0.94	0.59	-0.28	0.96
Non Currrent Assets Other	0.27	0.43	0.2	0.26	0.05	0.04	0.26	0.07	0.05		0.34	0.32	-0.34	0.26	0.03	0.91	0.18	0.34	-0.26	0.33	0.12	-0.09	0.05	0.35	0.14	0.1
Cash And Short Term Investments	0.93	0.56	0.44	0.93	0.6	-0.5	0.93	0.3	0.56	0.34		0.73	-0.75	0.92	0.25	0.21	0.51	0.98	-0.57	0.2	0.5	-0.18	0.69	0.96	-0.41	0.7
Net Receivables	0.73	0.27	0.27	0.75	0.37	-0.26	0.75	-0.02	0.36	0.32	0.73		-0.79	0.64	-0.29	0.09	0.3	0.78	-0.6	0.28	0.3	-0.5	0.39	0.78	-0.33	0.53
Common Stock Shares Outstanding	-0.75	-0.18	-0.13	-0.79	-0.23	0.43	-0.78	0.04	-0.24	-0.34	-0.75	-0.79		-0.63	-0.02	-0.09	-0.12	-0.77	0.9	-0.1	-0.12	0.48	-0.35	-0.81	0.44	-0.36
Inventory	0.96	0.51	0.47	0.96	0.76	-0.33	0.96	0.11	0.75	0.26	0.92	0.64	-0.63		0.4	0.1	0.61	0.95	-0.48	0.16	0.72	-0.02	0.8	0.93	-0.47	0.84
Other Current Assets	0.35	0.33	0.45	0.29	0.41	0.13	0.29	-0.03	0.41	0.03	0.25	-0.29	-0.02	0.4		0.01	0.47	0.3	-0.03	0.11	0.39	0.63	0.46	0.26	-0.05	0.3
Other Stockholder Equity	0.05	0.43	0.08	0.03	-0.13	-0.02	0.03	0.3	-0.16	0.91	0.21	0.09	-0.09	0.1	0.01		0.06	0.16	-0.07	0.24	0.03	0.05	-0.14	0.15	0.23	-0.11
Total Liab	0.64	0.31	0.94	0.52	0.85	0.35	0.52	0.28	0.79	0.18	0.51	0.3	-0.12	0.61	0.47	0.06		0.57	0.02	0.73	0.81	0.22	0.68	0.44	0.25	0.71
Total Current Assets	0.97	0.55	0.5	0.97	0.65	-0.38	0.97	0.16	0.63	0.34	0.98	0.78	-0.77	0.95	0.3	0.16	0.57		-0.59	0.25	0.56	-0.14	0.73	0.98	-0.42	0.75
Common Stock	-0.58	-0.07	0.02	-0.6	0.0	0.32	-0.6	0.0	0.0	-0.26	-0.57	-0.6	0.9	-0.48	-0.03	-0.07	0.02	-0.59		0.0	-0.02	0.36	-0.08	-0.62	0.33	-0.09
Short Long Term Debt Total	0.28	0.06	0.75	0.14	0.4	0.6	0.15	0.35	0.33	0.33	0.2	0.28	-0.1	0.16	0.11	0.24	0.73	0.25	0.0		0.49	-0.12	0.17	0.12	0.67	0.26
Non Current Liabilities Total	0.67	0.18	0.56	0.6	0.87	0.24	0.6	0.13	0.85	0.12	0.5	0.3	-0.12	0.72	0.39	0.03	0.81	0.56	-0.02	0.49		0.12	0.69	0.48	-0.06	0.8
Current Deferred Revenue	-0.14	0.4	0.23	-0.19	0.06	0.3	-0.19	-0.14	0.06	-0.09	-0.18	-0.5	0.48	-0.02	0.63	0.05	0.22	-0.14	0.36	-0.12	0.12		0.04	-0.17	0.1	-0.05
Accounts Payable	0.81	0.33	0.57	0.8	0.92	-0.25	0.8	-0.01	0.94	0.05	0.69	0.39	-0.35	0.8	0.46	-0.14	0.68	0.73	-0.08	0.17	0.69	0.04		0.71	-0.44	0.95
Short Term Investments	0.95	0.56	0.36	0.97	0.59	-0.46	0.97	0.03	0.59	0.35	0.96	0.78	-0.81	0.93	0.26	0.15	0.44	0.98	-0.62	0.12	0.48	-0.17	0.71		-0.54	0.74
Short Term Debt	-0.43	-0.09	0.38	-0.55	-0.21	0.7	-0.55	0.4	-0.28	0.14	-0.41	-0.33	0.44	-0.47	-0.05	0.23	0.25	-0.42	0.33	0.67	-0.06	0.1	-0.44	-0.54		-0.39
Other Liab	0.84	0.36	0.54	0.82	0.94	-0.15	0.83	-0.02	0.96	0.1	0.7	0.53	-0.36	0.84	0.3	-0.11	0.71	0.75	-0.09	0.26	0.8	-0.05	0.95	0.74	-0.39

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Kothari Petrochemicals Account Relationship Matchups

Kothari Petrochemicals fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.7B	2.2B	2.7B	3.2B	3.3B
Other Current Liab	3.2M	53.4M	117.1M	118.8M	105.7M	75.0M
Total Current Liabilities	347.7M	353.8M	486.7M	494.4M	545.1M	387.5M
Total Stockholder Equity	1.0B	1.2B	1.6B	1.9B	2.5B	2.6B
Property Plant And Equipment Net	816.1M	814.4M	943.4M	1.1B	1.2B	710.8M
Net Debt	73.3M	(89.0M)	51.7M	110.7M	(58.6M)	(55.6M)
Retained Earnings	410.2M	635.7M	966.4M	1.3B	1.9B	2.0B
Cash	3.5M	127.8M	68.7M	117.7M	58.6M	80.5M
Non Current Assets Total	1.0B	1.0B	1.2B	1.3B	1.5B	826.3M
Non Currrent Assets Other	(828.2M)	688K	12K	16.2M	211.1M	221.7M
Cash And Short Term Investments	43.5M	280.8M	402.2M	559.8M	729.8M	766.3M
Net Receivables	209.5M	188.1M	30K	473.9M	600.0M	630.0M
Liabilities And Stockholders Equity	1.5B	1.7B	2.2B	2.7B	3.2B	3.3B
Inventory	110.2M	176.5M	258.4M	334.6M	309.6M	325.1M
Other Current Assets	79.4M	48.2M	404.4M	76.2M	83.1M	101.2M
Total Liab	456.3M	475.5M	672.0M	782.7M	724.2M	496.8M
Total Current Assets	445.1M	693.6M	1.1B	1.4B	1.7B	1.8B
Accumulated Other Comprehensive Income	(100.7M)	(150.8M)	(691K)	40K	3.4M	3.6M
Short Long Term Debt Total	76.8M	38.8M	120.4M	228.4M	262.6M	173.2M
Non Current Liabilities Total	108.6M	121.7M	185.3M	288.3M	179.1M	124.0M
Current Deferred Revenue	39.4M	52.3M	119.7M	60.8M	8.4M	8.0M
Accounts Payable	249.6M	281.8M	328.5M	291.9M	431.1M	228.3M
Short Term Debt	16.1M	16.2M	33.7M	73.6M	(8.4M)	(8.0M)
Other Liab	87.3M	93.3M	98.5M	133.5M	153.6M	85.6M
Net Tangible Assets	990.1M	1.2B	1.6B	1.9B	2.2B	2.3B
Other Assets	187.7M	187.2M	213.7M	33.2M	38.2M	36.3M
Short Long Term Debt	221.9M	55.5M	10.4M	27.3M	69.4M	0.0
Property Plant Equipment	816.1M	814.4M	943.4M	1.1B	1.2B	798.7M
Intangible Assets	12.0M	11.5M	8.1M	6.2M	8.4M	5.6M
Long Term Debt	104.9M	47.8M	549K	12.1M	82.6M	154.8M
Long Term Debt Total	21.3M	28.4M	86.8M	154.8M	178.0M	186.9M
Net Invested Capital	1.1B	1.2B	1.7B	2.1B	2.5B	1.7B
Net Working Capital	97.4M	339.9M	578.3M	916.0M	1.2B	1.2B

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

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Kothari Inventory vs Net Debt Analysis

Inventory vs Net Debt

Inventory vs Net Debt Correlation Analysis

Correlation Coefficient

Inventory

Net Debt

Kothari Petrochemicals fundamental ratios Correlations

Kothari Petrochemicals Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kothari Petrochemicals fundamental ratios Accounts

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Other Information on Investing in Kothari Stock

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

Short Term Investments	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.79	Net Receivables
Common Stock Shares Outstanding	- 0.79	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.78	Retained Earnings
Total Current Assets	- 0.77	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.75	Cash And Short Term Investments