Rajdarshan Other Stockholder Equity vs Other Liab Analysis

ARENTERP   47.43  0.74  1.58%   
Rajdarshan Industries financial indicator trend analysis is much more than just breaking down Rajdarshan Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rajdarshan Industries is a good investment. Please check the relationship between Rajdarshan Industries Other Stockholder Equity and its Other Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Rajdarshan Industries 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 estimate.

Other Stockholder Equity vs Other Liab

Other Stockholder Equity vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rajdarshan Industries Other Stockholder Equity account and Other Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rajdarshan Industries' Other Stockholder Equity and Other Liab is -0.14. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Liab in the same time period over historical financial statements of Rajdarshan Industries Limited, assuming nothing else is changed. The correlation between historical values of Rajdarshan Industries' Other Stockholder Equity 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 Other Stockholder Equity of Rajdarshan Industries 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 Other Stockholder Equity i.e., Rajdarshan Industries' Other Stockholder Equity and Other Liab go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Other Liab

Most indicators from Rajdarshan Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rajdarshan Industries 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Rajdarshan Industries 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 estimate.
As of 11/25/2024, Tax Provision is likely to grow to about 1.9 M, while Selling General Administrative is likely to drop slightly above 178.4 K.
 2021 2022 2023 2024 (projected)
Interest Expense4.8M72.0K53.7K51.0K
Depreciation And Amortization110.1K87.2K81.1K77.1K

Rajdarshan Industries fundamental ratios Correlations

0.390.010.170.740.34-0.340.390.35-0.310.28-0.01-0.09-0.41-0.210.150.2-0.30.46-0.17-0.85-0.170.140.20.740.03
0.390.190.20.40.99-0.460.060.7-0.050.830.140.02-0.41-0.26-0.090.69-0.190.16-0.21-0.340.170.35-0.060.080.27
0.010.19-0.26-0.20.19-0.530.56-0.2-0.60.09-0.37-0.220.290.12-0.380.18-0.69-0.090.150.090.070.270.41-0.270.14
0.170.2-0.260.480.120.150.120.04-0.1-0.21-0.04-0.070.20.240.350.340.20.520.66-0.060.13-0.160.20.30.5
0.740.4-0.20.480.3-0.090.320.17-0.240.060.04-0.02-0.230.050.430.34-0.240.820.22-0.730.22-0.170.330.790.22
0.340.990.190.120.3-0.510.010.72-0.010.870.130.07-0.46-0.36-0.170.69-0.170.03-0.29-0.310.150.44-0.09-0.010.22
-0.34-0.46-0.530.15-0.09-0.51-0.38-0.270.45-0.380.44-0.30.210.570.47-0.290.450.260.140.33-0.08-0.73-0.410.22-0.17
0.390.060.560.120.320.01-0.38-0.4-0.99-0.21-0.4-0.520.520.3-0.06-0.1-0.720.430.34-0.370.07-0.20.60.420.28
0.350.7-0.20.040.170.72-0.27-0.40.420.780.280.4-0.58-0.380.00.310.39-0.09-0.47-0.220.010.45-0.42-0.040.08
-0.31-0.05-0.6-0.1-0.24-0.010.45-0.990.420.20.440.47-0.53-0.230.120.080.73-0.32-0.340.3-0.110.13-0.63-0.3-0.29
0.280.830.09-0.210.060.87-0.38-0.210.780.20.360.11-0.6-0.47-0.180.52-0.06-0.22-0.68-0.190.00.45-0.35-0.110.04
-0.010.14-0.37-0.040.040.130.44-0.40.280.440.36-0.11-0.190.040.210.20.320.06-0.450.03-0.04-0.16-0.770.11-0.2
-0.090.02-0.22-0.07-0.020.07-0.3-0.520.40.470.11-0.11-0.46-0.530.150.130.4-0.32-0.160.060.340.620.11-0.460.08
-0.41-0.410.290.2-0.23-0.460.210.52-0.58-0.53-0.6-0.19-0.460.70.03-0.48-0.160.220.620.40.08-0.560.17-0.040.24
-0.21-0.260.120.240.05-0.360.570.3-0.38-0.23-0.470.04-0.530.70.35-0.34-0.020.620.530.2-0.05-0.750.030.30.31
0.15-0.09-0.380.350.43-0.170.47-0.060.00.12-0.180.210.150.030.35-0.060.160.540.16-0.140.22-0.340.120.390.27
0.20.690.180.340.340.69-0.29-0.10.310.080.520.20.13-0.48-0.34-0.06-0.160.070.01-0.10.320.450.09-0.090.15
-0.3-0.19-0.690.2-0.24-0.170.45-0.720.390.73-0.060.320.4-0.16-0.020.16-0.16-0.2-0.070.290.020.05-0.57-0.23-0.14
0.460.16-0.090.520.820.030.260.43-0.09-0.32-0.220.06-0.320.220.620.540.07-0.20.48-0.460.14-0.570.280.790.36
-0.17-0.210.150.660.22-0.290.140.34-0.47-0.34-0.68-0.45-0.160.620.530.160.01-0.070.480.220.28-0.350.490.10.29
-0.85-0.340.09-0.06-0.73-0.310.33-0.37-0.220.3-0.190.030.060.40.2-0.14-0.10.29-0.460.220.16-0.12-0.19-0.73-0.03
-0.170.170.070.130.220.15-0.080.070.01-0.110.0-0.040.340.08-0.050.220.320.020.140.280.160.070.34-0.18-0.03
0.140.350.27-0.16-0.170.44-0.73-0.20.450.130.45-0.160.62-0.56-0.75-0.340.450.05-0.57-0.35-0.120.070.08-0.51-0.03
0.2-0.060.410.20.33-0.09-0.410.6-0.42-0.63-0.35-0.770.110.170.030.120.09-0.570.280.49-0.190.340.080.110.39
0.740.08-0.270.30.79-0.010.220.42-0.04-0.3-0.110.11-0.46-0.040.30.39-0.09-0.230.790.1-0.73-0.18-0.510.110.02
0.030.270.140.50.220.22-0.170.280.08-0.290.04-0.20.080.240.310.270.15-0.140.360.29-0.03-0.03-0.030.390.02
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Rajdarshan Industries Account Relationship Matchups

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