Kothari Inventory vs Other Liab Analysis

KOTHARIPET   208.14  2.29  1.09%   
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 Other Liab 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 Other Liab

Inventory vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kothari Petrochemicals Inventory account and Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kothari Petrochemicals' Inventory and Other Liab is 0.84. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Liab 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 Other 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 Inventory of Kothari Petrochemicals Limited are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Inventory i.e., Kothari Petrochemicals' Inventory and Other Liab go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Other Liab

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 Profit1.1B1.3B1.7B1.7B
Total Revenue3.8B4.8B6.0B6.3B

Kothari Petrochemicals fundamental ratios Correlations

0.430.530.990.77-0.290.990.070.760.270.930.73-0.750.960.350.050.640.97-0.580.280.67-0.140.810.95-0.430.84
0.430.350.430.23-0.210.430.120.220.430.560.27-0.180.510.330.430.310.55-0.070.060.180.40.330.56-0.090.36
0.530.350.40.690.340.410.310.620.20.440.27-0.130.470.450.080.940.50.020.750.560.230.570.360.380.54
0.990.430.40.71-0.41.00.010.720.260.930.75-0.790.960.290.030.520.97-0.60.140.6-0.190.80.97-0.550.82
0.770.230.690.710.040.720.040.990.050.60.37-0.230.760.41-0.130.850.650.00.40.870.060.920.59-0.210.94
-0.29-0.210.34-0.40.04-0.4-0.220.030.04-0.5-0.260.43-0.330.13-0.020.35-0.380.320.60.240.3-0.25-0.460.7-0.15
0.990.430.411.00.72-0.40.010.720.260.930.75-0.780.960.290.030.520.97-0.60.150.6-0.190.80.97-0.550.83
0.070.120.310.010.04-0.220.01-0.060.070.3-0.020.040.11-0.030.30.280.160.00.350.13-0.14-0.010.030.4-0.02
0.760.220.620.720.990.030.72-0.060.050.560.36-0.240.750.41-0.160.790.630.00.330.850.060.940.59-0.280.96
0.270.430.20.260.050.040.260.070.050.340.32-0.340.260.030.910.180.34-0.260.330.12-0.090.050.350.140.1
0.930.560.440.930.6-0.50.930.30.560.340.73-0.750.920.250.210.510.98-0.570.20.5-0.180.690.96-0.410.7
0.730.270.270.750.37-0.260.75-0.020.360.320.73-0.790.64-0.290.090.30.78-0.60.280.3-0.50.390.78-0.330.53
-0.75-0.18-0.13-0.79-0.230.43-0.780.04-0.24-0.34-0.75-0.79-0.63-0.02-0.09-0.12-0.770.9-0.1-0.120.48-0.35-0.810.44-0.36
0.960.510.470.960.76-0.330.960.110.750.260.920.64-0.630.40.10.610.95-0.480.160.72-0.020.80.93-0.470.84
0.350.330.450.290.410.130.29-0.030.410.030.25-0.29-0.020.40.010.470.3-0.030.110.390.630.460.26-0.050.3
0.050.430.080.03-0.13-0.020.030.3-0.160.910.210.09-0.090.10.010.060.16-0.070.240.030.05-0.140.150.23-0.11
0.640.310.940.520.850.350.520.280.790.180.510.3-0.120.610.470.060.570.020.730.810.220.680.440.250.71
0.970.550.50.970.65-0.380.970.160.630.340.980.78-0.770.950.30.160.57-0.590.250.56-0.140.730.98-0.420.75
-0.58-0.070.02-0.60.00.32-0.60.00.0-0.26-0.57-0.60.9-0.48-0.03-0.070.02-0.590.0-0.020.36-0.08-0.620.33-0.09
0.280.060.750.140.40.60.150.350.330.330.20.28-0.10.160.110.240.730.250.00.49-0.120.170.120.670.26
0.670.180.560.60.870.240.60.130.850.120.50.3-0.120.720.390.030.810.56-0.020.490.120.690.48-0.060.8
-0.140.40.23-0.190.060.3-0.19-0.140.06-0.09-0.18-0.50.48-0.020.630.050.22-0.140.36-0.120.120.04-0.170.1-0.05
0.810.330.570.80.92-0.250.8-0.010.940.050.690.39-0.350.80.46-0.140.680.73-0.080.170.690.040.71-0.440.95
0.950.560.360.970.59-0.460.970.030.590.350.960.78-0.810.930.260.150.440.98-0.620.120.48-0.170.71-0.540.74
-0.43-0.090.38-0.55-0.210.7-0.550.4-0.280.14-0.41-0.330.44-0.47-0.050.230.25-0.420.330.67-0.060.1-0.44-0.54-0.39
0.840.360.540.820.94-0.150.83-0.020.960.10.70.53-0.360.840.3-0.110.710.75-0.090.260.8-0.050.950.74-0.39
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Kothari Petrochemicals Account Relationship Matchups

Kothari Petrochemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B2.2B2.7B3.2B3.3B
Other Current Liab3.2M53.4M117.1M118.8M105.7M75.0M
Total Current Liabilities347.7M353.8M486.7M494.4M545.1M387.5M
Total Stockholder Equity1.0B1.2B1.6B1.9B2.5B2.6B
Property Plant And Equipment Net816.1M814.4M943.4M1.1B1.2B710.8M
Net Debt73.3M(89.0M)51.7M110.7M(58.6M)(55.6M)
Retained Earnings410.2M635.7M966.4M1.3B1.9B2.0B
Cash3.5M127.8M68.7M117.7M58.6M80.5M
Non Current Assets Total1.0B1.0B1.2B1.3B1.5B826.3M
Non Currrent Assets Other(828.2M)688K12K16.2M211.1M221.7M
Cash And Short Term Investments43.5M280.8M402.2M559.8M729.8M766.3M
Net Receivables209.5M188.1M30K473.9M600.0M630.0M
Liabilities And Stockholders Equity1.5B1.7B2.2B2.7B3.2B3.3B
Inventory110.2M176.5M258.4M334.6M309.6M325.1M
Other Current Assets79.4M48.2M404.4M76.2M83.1M101.2M
Total Liab456.3M475.5M672.0M782.7M724.2M496.8M
Total Current Assets445.1M693.6M1.1B1.4B1.7B1.8B
Accumulated Other Comprehensive Income(100.7M)(150.8M)(691K)40K3.4M3.6M
Short Long Term Debt Total76.8M38.8M120.4M228.4M262.6M173.2M
Non Current Liabilities Total108.6M121.7M185.3M288.3M179.1M124.0M
Current Deferred Revenue39.4M52.3M119.7M60.8M8.4M8.0M
Accounts Payable249.6M281.8M328.5M291.9M431.1M228.3M
Short Term Debt16.1M16.2M33.7M73.6M(8.4M)(8.0M)
Other Liab87.3M93.3M98.5M133.5M153.6M85.6M
Net Tangible Assets990.1M1.2B1.6B1.9B2.2B2.3B
Other Assets187.7M187.2M213.7M33.2M38.2M36.3M
Short Long Term Debt221.9M55.5M10.4M27.3M69.4M0.0
Property Plant Equipment816.1M814.4M943.4M1.1B1.2B798.7M
Intangible Assets12.0M11.5M8.1M6.2M8.4M5.6M
Long Term Debt104.9M47.8M549K12.1M82.6M154.8M
Long Term Debt Total21.3M28.4M86.8M154.8M178.0M186.9M
Net Invested Capital1.1B1.2B1.7B2.1B2.5B1.7B
Net Working Capital97.4M339.9M578.3M916.0M1.2B1.2B

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Other Information on Investing in Kothari Stock

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.