RDY Common Stock vs Long Term Debt Analysis

RDY Stock  USD 74.55  0.53  0.72%   
Dr Reddys financial indicator trend analysis is much more than just examining Dr Reddys Laboratories latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dr Reddys Laboratories is a good investment. Please check the relationship between Dr Reddys Common Stock and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dr Reddys Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Common Stock vs Long Term Debt

Common Stock vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dr Reddys Laboratories Common Stock account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dr Reddys' Common Stock and Long Term Debt is -0.15. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Dr Reddys Laboratories, assuming nothing else is changed. The correlation between historical values of Dr Reddys' Common Stock and Long Term 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 Common Stock of Dr Reddys Laboratories are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Common Stock i.e., Dr Reddys' Common Stock and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Long Term Debt

Long-term debt is a debt that Dr Reddys Laboratories has held for over one year. Long-term debt appears on Dr Reddys Laboratories balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Dr Reddys Laboratories balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Dr Reddys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dr Reddys Laboratories 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dr Reddys Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At this time, Dr Reddys' Tax Provision is fairly stable compared to the past year. Enterprise Value is likely to rise to about 740.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 39.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit113.8B203.0B233.4B245.1B
Total Revenue214.4B245.9B282.8B296.9B

Dr Reddys fundamental ratios Correlations

0.970.990.96-0.071.00.54-0.14-0.130.921.00.990.910.98-0.160.95-0.20.99-0.050.961.00.890.951.00.990.26
0.970.971.00.090.970.46-0.04-0.20.970.970.960.880.95-0.040.9-0.160.960.040.910.970.950.980.970.980.33
0.990.970.95-0.140.990.57-0.18-0.150.90.991.00.90.99-0.220.98-0.231.0-0.110.970.990.870.940.990.990.21
0.961.00.950.160.960.43-0.01-0.180.970.960.930.880.920.020.87-0.120.940.10.880.960.950.980.960.970.36
-0.070.09-0.140.16-0.09-0.420.7-0.010.17-0.05-0.180.03-0.220.88-0.330.54-0.160.82-0.28-0.080.170.1-0.08-0.090.57
1.00.970.990.96-0.090.53-0.16-0.130.911.00.990.90.98-0.180.96-0.230.99-0.060.960.990.880.950.990.990.22
0.540.460.570.43-0.420.53-0.46-0.250.480.520.590.330.6-0.530.63-0.40.58-0.410.50.520.340.520.560.550.25
-0.14-0.04-0.18-0.010.7-0.16-0.460.08-0.13-0.11-0.230.01-0.270.8-0.340.64-0.210.86-0.28-0.13-0.13-0.14-0.14-0.190.24
-0.13-0.2-0.15-0.18-0.01-0.13-0.250.08-0.28-0.15-0.120.19-0.150.31-0.080.55-0.110.01-0.04-0.07-0.31-0.27-0.17-0.16-0.02
0.920.970.90.970.170.910.48-0.13-0.280.910.890.770.89-0.030.82-0.210.890.030.810.90.980.990.920.930.39
1.00.970.990.96-0.051.00.52-0.11-0.150.910.980.90.97-0.160.95-0.220.99-0.020.950.990.890.951.00.990.25
0.990.961.00.93-0.180.990.59-0.23-0.120.890.980.891.0-0.260.99-0.261.0-0.170.980.990.860.930.990.990.19
0.910.880.90.880.030.90.330.010.190.770.90.890.870.070.860.140.90.020.90.940.760.80.890.890.28
0.980.950.990.92-0.220.980.6-0.27-0.150.890.971.00.87-0.310.99-0.31.0-0.210.980.980.870.930.980.990.17
-0.16-0.04-0.220.020.88-0.18-0.530.80.31-0.03-0.16-0.260.07-0.31-0.380.85-0.240.72-0.32-0.14-0.01-0.09-0.19-0.20.4
0.950.90.980.87-0.330.960.63-0.34-0.080.820.950.990.860.99-0.38-0.310.98-0.290.990.960.790.870.950.960.11
-0.2-0.16-0.23-0.120.54-0.23-0.40.640.55-0.21-0.22-0.260.14-0.30.85-0.31-0.230.4-0.26-0.15-0.2-0.25-0.23-0.240.26
0.990.961.00.94-0.160.990.58-0.21-0.110.890.991.00.91.0-0.240.98-0.23-0.150.980.990.870.930.990.990.2
-0.050.04-0.110.10.82-0.06-0.410.860.010.03-0.02-0.170.02-0.210.72-0.290.4-0.15-0.24-0.070.00.01-0.06-0.110.29
0.960.910.970.88-0.280.960.5-0.28-0.040.810.950.980.90.98-0.320.99-0.260.98-0.240.970.810.860.950.960.07
1.00.970.990.96-0.080.990.52-0.13-0.070.90.990.990.940.98-0.140.96-0.150.99-0.070.970.870.930.990.990.24
0.890.950.870.950.170.880.34-0.13-0.310.980.890.860.760.87-0.010.79-0.20.870.00.810.870.970.890.910.29
0.950.980.940.980.10.950.52-0.14-0.270.990.950.930.80.93-0.090.87-0.250.930.010.860.930.970.950.960.35
1.00.970.990.96-0.080.990.56-0.14-0.170.921.00.990.890.98-0.190.95-0.230.99-0.060.950.990.890.950.990.26
0.990.980.990.97-0.090.990.55-0.19-0.160.930.990.990.890.99-0.20.96-0.240.99-0.110.960.990.910.960.990.23
0.260.330.210.360.570.220.250.24-0.020.390.250.190.280.170.40.110.260.20.290.070.240.290.350.260.23
Click cells to compare fundamentals

Dr Reddys Account Relationship Matchups

Dr Reddys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets232.2B265.5B296.7B322.9B371.3B206.1B
Other Current Liab39.4B33.5B41.6B48.9B56.2B59.0B
Total Current Liabilities72.8B81.5B97.8B85.7B98.6B68.3B
Total Stockholder Equity155.0B175.0B190.5B232.9B267.8B281.2B
Retained Earnings144.2B157.9B175.7B215.6B247.9B260.3B
Accounts Payable10.7B21.9B25.6B22.7B26.1B15.0B
Cash2.1B14.8B14.9B5.8B6.6B6.3B
Other Assets14.8B11.6B13.7B7.1B8.2B8.6B
Short Term Investments23.7B19.7B29.5B61.0B70.1B73.6B
Inventory35.1B45.4B50.9B48.7B56.0B30.4B
Total Liab77.3B90.5B106.1B90.0B103.5B88.4B
Intangible Assets27.7B35.6B27.2B30.7B35.3B24.0B
Property Plant Equipment52.3B57.1B62.2B66.3B76.2B80.1B
Short Long Term Debt Total22.1B30.3B33.8B13.5B15.5B14.7B
Other Liab3.5B3.1B2.7B2.5B2.9B3.1B
Property Plant And Equipment Net52.3B57.1B62.2B56.5B65.0B54.0B
Current Deferred Revenue1.9B2.0B2.6B2.0B1.8B1.7B
Net Debt20.0B15.5B19.0B7.7B8.8B8.4B
Non Current Assets Total101.9B117.2B115.5B118.6B136.4B95.9B
Non Currrent Assets Other2.6B952M948M12.7B14.6B15.4B
Cash And Short Term Investments25.7B34.6B44.4B66.7B76.8B80.6B
Net Receivables61.8B52.4B70.0B72.5B83.4B46.9B
Good Will4.0B4.6B4.4B5.5B6.3B6.6B
Common Stock Shares Outstanding166.1M166.3M166.3M166.4M191.3M175.2M
Liabilities And Stockholders Equity232.2B265.5B296.7B322.9B371.3B215.0B
Non Current Liabilities Total4.4B9.0B8.3B4.3B4.9B4.7B
Other Current Assets5.8B14.5B13.9B15.1B17.4B9.8B
Other Stockholder Equity7.5B14.9B12.9B15.2B17.4B18.1B
Total Current Assets130.4B148.2B181.1B204.3B234.9B120.7B
Accumulated Other Comprehensive Income2.4B1.3B1.1B1.3B1.5B1.4B
Short Term Debt20.8B24.0B28.1B12.2B14.0B27.5B
Property Plant And Equipment Gross52.3B57.1B142.0B152.3B137.0B130.2B
Net Tangible Assets91.9B123.3B134.8B158.9B182.7B102.9B
Long Term Investments3.1B8.3B8.0B6.1B7.0B4.5B
Short Long Term Debt20.3B24.0B28.1B12.2B11.0B17.2B
Long Term Debt Total1.3B6.3B5.7B1.3B1.2B1.1B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dr Reddys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dr Reddys' short interest history, or implied volatility extrapolated from Dr Reddys options trading.

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When determining whether Dr Reddys Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dr Reddys' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dr Reddys Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dr Reddys Laboratories Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Dr Reddys Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Dr Reddys Laboratories information on this page should be used as a complementary analysis to other Dr Reddys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Dr Reddys' price analysis, check to measure Dr Reddys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dr Reddys is operating at the current time. Most of Dr Reddys' value examination focuses on studying past and present price action to predict the probability of Dr Reddys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dr Reddys' price. Additionally, you may evaluate how the addition of Dr Reddys to your portfolios can decrease your overall portfolio volatility.
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Is Dr Reddys' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dr Reddys. If investors know RDY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dr Reddys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.103
Dividend Share
40
Earnings Share
3.76
Revenue Per Share
272.4618
Quarterly Revenue Growth
0.066
The market value of Dr Reddys Laboratories is measured differently than its book value, which is the value of RDY that is recorded on the company's balance sheet. Investors also form their own opinion of Dr Reddys' value that differs from its market value or its book value, called intrinsic value, which is Dr Reddys' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dr Reddys' market value can be influenced by many factors that don't directly affect Dr Reddys' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dr Reddys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dr Reddys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dr Reddys' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.