Rajdarshan Total Assets vs Net Receivables 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 Total Assets and its Net Receivables 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rajdarshan Industries Total Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Rajdarshan Industries' Total Assets and Net Receivables is -0.41. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables 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' Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Rajdarshan Industries Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Rajdarshan Industries' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Assets

Total assets refers to the total amount of Rajdarshan Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rajdarshan Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

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 Expense	4.8M	72.0K	53.7K	51.0K
Depreciation And Amortization	110.1K	87.2K	81.1K	77.1K

Interest Expense Depreciation And Amortization

Rajdarshan Industries fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Accounts Payable	Current Deferred Revenue	Short Term Investments	Short Term Debt	Other Liab
Common Stock Shares Outstanding		0.39	0.01	0.17	0.74	0.34	-0.34	0.39	0.35	-0.31	0.28	-0.01	-0.09	-0.41	-0.21	0.15	0.2	-0.3	0.46	-0.17	-0.85	-0.17	0.14	0.2	0.74	0.03
Total Assets	0.39		0.19	0.2	0.4	0.99	-0.46	0.06	0.7	-0.05	0.83	0.14	0.02	-0.41	-0.26	-0.09	0.69	-0.19	0.16	-0.21	-0.34	0.17	0.35	-0.06	0.08	0.27
Short Long Term Debt Total	0.01	0.19		-0.26	-0.2	0.19	-0.53	0.56	-0.2	-0.6	0.09	-0.37	-0.22	0.29	0.12	-0.38	0.18	-0.69	-0.09	0.15	0.09	0.07	0.27	0.41	-0.27	0.14
Other Current Liab	0.17	0.2	-0.26		0.48	0.12	0.15	0.12	0.04	-0.1	-0.21	-0.04	-0.07	0.2	0.24	0.35	0.34	0.2	0.52	0.66	-0.06	0.13	-0.16	0.2	0.3	0.5
Total Current Liabilities	0.74	0.4	-0.2	0.48		0.3	-0.09	0.32	0.17	-0.24	0.06	0.04	-0.02	-0.23	0.05	0.43	0.34	-0.24	0.82	0.22	-0.73	0.22	-0.17	0.33	0.79	0.22
Total Stockholder Equity	0.34	0.99	0.19	0.12	0.3		-0.51	0.01	0.72	-0.01	0.87	0.13	0.07	-0.46	-0.36	-0.17	0.69	-0.17	0.03	-0.29	-0.31	0.15	0.44	-0.09	-0.01	0.22
Property Plant And Equipment Net	-0.34	-0.46	-0.53	0.15	-0.09	-0.51		-0.38	-0.27	0.45	-0.38	0.44	-0.3	0.21	0.57	0.47	-0.29	0.45	0.26	0.14	0.33	-0.08	-0.73	-0.41	0.22	-0.17
Net Debt	0.39	0.06	0.56	0.12	0.32	0.01	-0.38		-0.4	-0.99	-0.21	-0.4	-0.52	0.52	0.3	-0.06	-0.1	-0.72	0.43	0.34	-0.37	0.07	-0.2	0.6	0.42	0.28
Retained Earnings	0.35	0.7	-0.2	0.04	0.17	0.72	-0.27	-0.4		0.42	0.78	0.28	0.4	-0.58	-0.38	0.0	0.31	0.39	-0.09	-0.47	-0.22	0.01	0.45	-0.42	-0.04	0.08
Cash	-0.31	-0.05	-0.6	-0.1	-0.24	-0.01	0.45	-0.99	0.42		0.2	0.44	0.47	-0.53	-0.23	0.12	0.08	0.73	-0.32	-0.34	0.3	-0.11	0.13	-0.63	-0.3	-0.29
Non Current Assets Total	0.28	0.83	0.09	-0.21	0.06	0.87	-0.38	-0.21	0.78	0.2		0.36	0.11	-0.6	-0.47	-0.18	0.52	-0.06	-0.22	-0.68	-0.19	0.0	0.45	-0.35	-0.11	0.04
Non Currrent Assets Other	-0.01	0.14	-0.37	-0.04	0.04	0.13	0.44	-0.4	0.28	0.44	0.36		-0.11	-0.19	0.04	0.21	0.2	0.32	0.06	-0.45	0.03	-0.04	-0.16	-0.77	0.11	-0.2
Cash And Short Term Investments	-0.09	0.02	-0.22	-0.07	-0.02	0.07	-0.3	-0.52	0.4	0.47	0.11	-0.11		-0.46	-0.53	0.15	0.13	0.4	-0.32	-0.16	0.06	0.34	0.62	0.11	-0.46	0.08
Net Receivables	-0.41	-0.41	0.29	0.2	-0.23	-0.46	0.21	0.52	-0.58	-0.53	-0.6	-0.19	-0.46		0.7	0.03	-0.48	-0.16	0.22	0.62	0.4	0.08	-0.56	0.17	-0.04	0.24
Non Current Liabilities Total	-0.21	-0.26	0.12	0.24	0.05	-0.36	0.57	0.3	-0.38	-0.23	-0.47	0.04	-0.53	0.7		0.35	-0.34	-0.02	0.62	0.53	0.2	-0.05	-0.75	0.03	0.3	0.31
Inventory	0.15	-0.09	-0.38	0.35	0.43	-0.17	0.47	-0.06	0.0	0.12	-0.18	0.21	0.15	0.03	0.35		-0.06	0.16	0.54	0.16	-0.14	0.22	-0.34	0.12	0.39	0.27
Other Current Assets	0.2	0.69	0.18	0.34	0.34	0.69	-0.29	-0.1	0.31	0.08	0.52	0.2	0.13	-0.48	-0.34	-0.06		-0.16	0.07	0.01	-0.1	0.32	0.45	0.09	-0.09	0.15
Other Stockholder Equity	-0.3	-0.19	-0.69	0.2	-0.24	-0.17	0.45	-0.72	0.39	0.73	-0.06	0.32	0.4	-0.16	-0.02	0.16	-0.16		-0.2	-0.07	0.29	0.02	0.05	-0.57	-0.23	-0.14
Total Liab	0.46	0.16	-0.09	0.52	0.82	0.03	0.26	0.43	-0.09	-0.32	-0.22	0.06	-0.32	0.22	0.62	0.54	0.07	-0.2		0.48	-0.46	0.14	-0.57	0.28	0.79	0.36
Total Current Assets	-0.17	-0.21	0.15	0.66	0.22	-0.29	0.14	0.34	-0.47	-0.34	-0.68	-0.45	-0.16	0.62	0.53	0.16	0.01	-0.07	0.48		0.22	0.28	-0.35	0.49	0.1	0.29
Common Stock	-0.85	-0.34	0.09	-0.06	-0.73	-0.31	0.33	-0.37	-0.22	0.3	-0.19	0.03	0.06	0.4	0.2	-0.14	-0.1	0.29	-0.46	0.22		0.16	-0.12	-0.19	-0.73	-0.03
Accounts Payable	-0.17	0.17	0.07	0.13	0.22	0.15	-0.08	0.07	0.01	-0.11	0.0	-0.04	0.34	0.08	-0.05	0.22	0.32	0.02	0.14	0.28	0.16		0.07	0.34	-0.18	-0.03
Current Deferred Revenue	0.14	0.35	0.27	-0.16	-0.17	0.44	-0.73	-0.2	0.45	0.13	0.45	-0.16	0.62	-0.56	-0.75	-0.34	0.45	0.05	-0.57	-0.35	-0.12	0.07		0.08	-0.51	-0.03
Short Term Investments	0.2	-0.06	0.41	0.2	0.33	-0.09	-0.41	0.6	-0.42	-0.63	-0.35	-0.77	0.11	0.17	0.03	0.12	0.09	-0.57	0.28	0.49	-0.19	0.34	0.08		0.11	0.39
Short Term Debt	0.74	0.08	-0.27	0.3	0.79	-0.01	0.22	0.42	-0.04	-0.3	-0.11	0.11	-0.46	-0.04	0.3	0.39	-0.09	-0.23	0.79	0.1	-0.73	-0.18	-0.51	0.11		0.02
Other Liab	0.03	0.27	0.14	0.5	0.22	0.22	-0.17	0.28	0.08	-0.29	0.04	-0.2	0.08	0.24	0.31	0.27	0.15	-0.14	0.36	0.29	-0.03	-0.03	-0.03	0.39	0.02

Click cells to compare fundamentals

Rajdarshan Industries Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Rajdarshan Stock Analysis

When running Rajdarshan Industries' price analysis, check to measure Rajdarshan Industries' 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 Rajdarshan Industries is operating at the current time. Most of Rajdarshan Industries' value examination focuses on studying past and present price action to predict the probability of Rajdarshan Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rajdarshan Industries' price. Additionally, you may evaluate how the addition of Rajdarshan Industries to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Rajdarshan Total Assets vs Net Receivables Analysis

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Assets

Net Receivables

Rajdarshan Industries fundamental ratios Correlations

Rajdarshan Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

Additional Tools for Rajdarshan Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.87	Total Stockholder Equity
Non Current Assets Total	+ 0.83	Total Assets
Total Liab	+ 0.82	Total Current Liabilities
Short Term Debt	+ 0.79	Total Current Liabilities
Short Term Debt	+ 0.79	Total Liab

Cash	- 0.99	Net Debt
Common Stock	- 0.85	Common Stock Shares Outstanding
Short Term Investments	- 0.77	Non Currrent Assets Other
Current Deferred Revenue	- 0.75	Non Current Liabilities Total
Short Term Debt	- 0.73	Common Stock
Current Deferred Revenue	- 0.73	Property Plant And Equipment Net