Tarapur Accounts Payable vs Non Currrent Assets Other Analysis

TARAPUR Stock   45.49  0.93  2.00%   
Tarapur Transformers financial indicator trend analysis is much more than just breaking down Tarapur Transformers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tarapur Transformers is a good investment. Please check the relationship between Tarapur Transformers Accounts Payable and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tarapur Transformers 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 american community survey.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tarapur Transformers Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tarapur Transformers' Accounts Payable and Non Currrent Assets Other is 0.9. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Tarapur Transformers Limited, assuming nothing else is changed. The correlation between historical values of Tarapur Transformers' Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Tarapur Transformers Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., Tarapur Transformers' Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Tarapur Transformers obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Tarapur Transformers are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Tarapur Transformers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tarapur Transformers 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tarapur Transformers 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 american community survey.
As of 12/23/2024, Selling General Administrative is likely to grow to about 177.1 M. Also, Tax Provision is likely to grow to about 188.1 K
 2021 2022 2023 2024 (projected)
Interest Expense510K2.7M3.6M6.1M
Depreciation And Amortization11.3M9.0M8.4M13.8M

Tarapur Transformers fundamental ratios Correlations

-0.06-0.210.420.960.92-0.110.740.860.580.920.880.760.78-0.22-0.230.10.250.040.430.960.1-0.020.450.860.72
-0.060.20.73-0.29-0.290.99-0.56-0.12-0.42-0.28-0.160.39-0.1-0.56-0.02-0.280.350.750.70.110.560.970.59-0.36-0.46
-0.210.20.28-0.34-0.430.26-0.38-0.38-0.42-0.44-0.43-0.01-0.15-0.090.93-0.130.050.140.28-0.020.050.180.2-0.35-0.48
0.420.730.280.170.130.67-0.260.390.060.180.350.570.21-0.80.02-0.030.480.770.970.560.730.790.51-0.06-0.12
0.96-0.29-0.340.170.97-0.330.870.810.630.960.860.650.8-0.05-0.290.10.12-0.150.180.87-0.06-0.250.320.930.8
0.92-0.29-0.430.130.97-0.340.860.820.630.990.90.570.77-0.02-0.410.220.1-0.170.140.78-0.08-0.260.240.910.86
-0.110.990.260.67-0.33-0.34-0.58-0.21-0.53-0.33-0.240.35-0.1-0.510.04-0.320.320.720.640.060.520.950.61-0.39-0.51
0.74-0.56-0.38-0.260.870.86-0.580.670.570.830.650.40.630.45-0.210.18-0.06-0.61-0.170.61-0.54-0.610.110.970.89
0.86-0.12-0.380.390.810.82-0.210.670.790.860.90.520.5-0.13-0.410.370.26-0.040.440.780.05-0.10.110.730.8
0.58-0.42-0.420.060.630.63-0.530.570.790.680.750.210.210.0-0.390.420.07-0.170.080.46-0.03-0.39-0.30.540.71
0.92-0.28-0.440.180.960.99-0.330.830.860.680.950.540.73-0.07-0.430.290.12-0.130.190.78-0.03-0.240.180.880.88
0.88-0.16-0.430.350.860.9-0.240.650.90.750.950.460.6-0.25-0.460.420.20.070.350.740.17-0.090.070.720.83
0.760.39-0.010.570.650.570.350.40.520.210.540.460.61-0.32-0.06-0.330.310.280.560.850.210.370.870.590.26
0.78-0.1-0.150.210.80.77-0.10.630.50.210.730.60.61-0.15-0.17-0.09-0.220.00.180.740.04-0.050.490.720.5
-0.22-0.56-0.09-0.8-0.05-0.02-0.510.45-0.130.0-0.07-0.25-0.32-0.150.150.14-0.33-0.92-0.66-0.31-0.96-0.73-0.30.290.33
-0.23-0.020.930.02-0.29-0.410.04-0.21-0.41-0.39-0.43-0.46-0.06-0.170.15-0.14-0.02-0.110.04-0.06-0.18-0.070.15-0.23-0.38
0.1-0.28-0.13-0.030.10.22-0.320.180.370.420.290.42-0.33-0.090.14-0.140.22-0.210.05-0.04-0.12-0.27-0.530.10.5
0.250.350.050.480.120.10.32-0.060.260.070.120.20.31-0.22-0.33-0.020.220.30.50.320.290.380.260.040.01
0.040.750.140.77-0.15-0.170.72-0.61-0.04-0.17-0.130.070.280.0-0.92-0.11-0.210.30.630.160.960.870.35-0.43-0.47
0.430.70.280.970.180.140.64-0.170.440.080.190.350.560.18-0.660.040.050.50.630.570.570.730.50.01-0.02
0.960.11-0.020.560.870.780.060.610.780.460.780.740.850.74-0.31-0.06-0.040.320.160.570.180.130.60.750.54
0.10.560.050.73-0.06-0.080.52-0.540.05-0.03-0.030.170.210.04-0.96-0.18-0.120.290.960.570.180.730.2-0.39-0.39
-0.020.970.180.79-0.25-0.260.95-0.61-0.1-0.39-0.24-0.090.37-0.05-0.73-0.07-0.270.380.870.730.130.730.55-0.41-0.5
0.450.590.20.510.320.240.610.110.11-0.30.180.070.870.49-0.30.15-0.530.260.350.50.60.20.550.31-0.1
0.86-0.36-0.35-0.060.930.91-0.390.970.730.540.880.720.590.720.29-0.230.10.04-0.430.010.75-0.39-0.410.310.87
0.72-0.46-0.48-0.120.80.86-0.510.890.80.710.880.830.260.50.33-0.380.50.01-0.47-0.020.54-0.39-0.5-0.10.87
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Tarapur Transformers Account Relationship Matchups

Tarapur Transformers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets715.9M520.1M594.8M225.2M218.1M207.2M
Short Long Term Debt Total322.1M321.6M355.6M352.4M352.5M323.9M
Other Current Liab85.9M153.9M138.5M16.9M17.8M17.0M
Total Current Liabilities426.0M496.6M510.0M369.8M370.9M418.6M
Total Stockholder Equity289.9M23.5M84.8M(144.6M)(153.2M)(145.6M)
Property Plant And Equipment Net138.5M124.2M66.6M57.1M48.7M46.3M
Net Debt321.2M320.8M354.6M351.4M346.7M300.2M
Retained Earnings(539.6M)(806.0M)(744.7M)(946.1M)(982.7M)(933.6M)
Accounts Payable14.6M20.6M12.4M456K508K482.6K
Cash857K787K962K994K5.8M5.5M
Non Current Assets Total149.4M134.8M72.7M62.7M54.3M51.6M
Non Currrent Assets Other10.9M10.5M6.2M5.6M5.6M5.3M
Cash And Short Term Investments66.1M31.1M29.2M8.2M11.4M10.8M
Net Receivables500.6M248.2M165.0M261.4M(11.8M)0.0
Liabilities And Stockholders Equity715.9M520.1M594.8M225.2M218.1M207.2M
Non Current Liabilities Total336.7M342.2M368.0M10K445K422.8K
Inventory(500.6M)(248.2M)8.5M2.8M2.1M0.0
Other Current Assets252.2M180.7M246.1M164.0M152.4M200.2M
Total Liab426.0M496.6M510.0M369.8M371.3M458.1M
Total Current Assets566.5M385.3M522.0M162.5M163.8M155.6M
Short Term Debt322.1M321.1M352.0M352.4M352.5M341.8M
Short Term Investments65.2M30.4M28.2M7.2M5.6M5.3M
Net Tangible Assets289.9M23.5M84.8M(144.6M)(130.1M)(123.6M)
Other Assets10.9M10.5M6.2M5.6M5.0M4.8M
Short Long Term Debt322.1M321.6M355.6M352.4M405.2M310.6M
Property Plant Equipment138.5M124.2M66.6M57.1M51.4M48.8M
Current Deferred Revenue87.6M444K3.4M(352.4M)(352.5M)(334.9M)
Cash And Equivalents18.8M18.8M19.3M5.9M5.3M5.0M
Net Invested Capital612.0M23.5M84.8M(144.6M)(153.2M)(145.6M)
Net Working Capital140.5M(111.2M)12.1M(207.2M)(207.1M)(196.7M)

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