Gujarat Total Assets vs Net Receivables Analysis

FLUOROCHEM   3,858  18.15  0.47%   
Gujarat Fluorochemicals financial indicator trend analysis is much more than just examining Gujarat Fluorochemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gujarat Fluorochemicals is a good investment. Please check the relationship between Gujarat Fluorochemicals Total Assets and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Gujarat Fluorochemicals 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 metropolitan statistical area.

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 Gujarat Fluorochemicals Total Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Gujarat Fluorochemicals' Total Assets and Net Receivables is 0.85. 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 Gujarat Fluorochemicals Limited, assuming nothing else is changed. The correlation between historical values of Gujarat Fluorochemicals' 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 Gujarat Fluorochemicals 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., Gujarat Fluorochemicals' Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Gujarat Fluorochemicals 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 Gujarat Fluorochemicals 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 Gujarat Fluorochemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gujarat Fluorochemicals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Gujarat Fluorochemicals 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 metropolitan statistical area.
The current year's Tax Provision is expected to grow to about 2.1 B, whereas Selling General Administrative is forecasted to decline to about 756.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense704.2M1.2B1.2B951.0M
Depreciation And Amortization2.1B2.4B2.9B2.5B

Gujarat Fluorochemicals fundamental ratios Correlations

0.87-0.340.990.720.840.660.820.480.950.820.990.83-0.850.660.850.820.580.380.890.97-0.14-0.150.970.990.83
0.87-0.220.890.590.90.480.990.530.780.630.910.53-0.590.380.690.670.80.150.910.83-0.1-0.220.910.830.94
-0.34-0.22-0.28-0.45-0.49-0.91-0.23-0.34-0.35-0.06-0.31-0.230.2-0.43-0.02-0.07-0.4-0.44-0.39-0.41-0.51-0.51-0.32-0.36-0.33
0.990.89-0.280.620.80.630.840.380.970.850.980.78-0.860.630.90.870.610.320.920.94-0.24-0.230.990.980.81
0.720.59-0.450.620.840.540.610.760.540.260.710.76-0.40.740.30.220.530.680.430.830.50.090.570.720.78
0.840.9-0.490.80.840.640.910.720.690.420.860.57-0.450.550.470.440.830.410.780.870.3-0.040.810.810.96
0.660.48-0.910.630.540.640.460.330.710.440.620.5-0.550.630.430.460.510.50.680.690.240.270.660.690.5
0.820.99-0.230.840.610.910.460.560.710.530.860.47-0.490.360.610.580.840.160.870.79-0.01-0.210.860.770.96
0.480.53-0.340.380.760.720.330.560.250.060.530.38-0.120.270.030.010.410.250.330.530.620.370.380.420.66
0.950.78-0.350.970.540.690.710.710.250.870.920.77-0.880.710.920.890.540.40.890.9-0.27-0.260.960.970.68
0.820.63-0.060.850.260.420.440.530.060.870.820.69-0.960.370.970.990.17-0.010.790.71-0.63-0.210.850.820.43
0.990.91-0.310.980.710.860.620.860.530.920.820.79-0.830.580.840.820.580.290.90.96-0.14-0.110.970.970.85
0.830.53-0.230.780.760.570.50.470.380.770.690.79-0.820.790.70.650.210.570.50.89-0.060.00.710.860.59
-0.85-0.590.2-0.86-0.4-0.45-0.55-0.49-0.12-0.88-0.96-0.83-0.82-0.51-0.93-0.94-0.14-0.16-0.74-0.790.490.06-0.84-0.86-0.46
0.660.38-0.430.630.740.550.630.360.270.710.370.580.79-0.510.480.380.440.930.380.760.24-0.210.570.740.5
0.850.69-0.020.90.30.470.430.610.030.920.970.840.7-0.930.480.990.310.120.810.75-0.61-0.370.890.860.51
0.820.67-0.070.870.220.440.460.580.010.890.990.820.65-0.940.380.990.250.00.830.71-0.65-0.270.880.820.47
0.580.8-0.40.610.530.830.510.840.410.540.170.580.21-0.140.440.310.250.410.680.590.25-0.320.640.570.83
0.380.15-0.440.320.680.410.50.160.250.4-0.010.290.57-0.160.930.120.00.410.090.530.5-0.150.260.460.36
0.890.91-0.390.920.430.780.680.870.330.890.790.90.5-0.740.380.810.830.680.090.8-0.26-0.160.960.860.77
0.970.83-0.410.940.830.870.690.790.530.90.710.960.89-0.790.760.750.710.590.530.80.02-0.080.910.980.85
-0.14-0.1-0.51-0.240.50.30.24-0.010.62-0.27-0.63-0.14-0.060.490.24-0.61-0.650.250.5-0.260.020.43-0.25-0.130.18
-0.15-0.22-0.51-0.230.09-0.040.27-0.210.37-0.26-0.21-0.110.00.06-0.21-0.37-0.27-0.32-0.15-0.16-0.080.43-0.21-0.18-0.1
0.970.91-0.320.990.570.810.660.860.380.960.850.970.71-0.840.570.890.880.640.260.960.91-0.25-0.210.960.81
0.990.83-0.360.980.720.810.690.770.420.970.820.970.86-0.860.740.860.820.570.460.860.98-0.13-0.180.960.79
0.830.94-0.330.810.780.960.50.960.660.680.430.850.59-0.460.50.510.470.830.360.770.850.18-0.10.810.79
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Gujarat Fluorochemicals Account Relationship Matchups

Gujarat Fluorochemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.7B59.7B68.8B83.7B92.3B80.7B
Short Long Term Debt Total17.2B15.9B15.5B15.2B21.0B18.0B
Other Current Liab14.8B1.4B2.1B2.7B3.1B4.4B
Total Current Liabilities18.4B17.9B19.1B23.4B25.0B22.9B
Total Stockholder Equity37.2B34.9B42.6B55.2B59.4B49.0B
Property Plant And Equipment Net36.3B36.8B41.6B42.3B53.2B44.1B
Current Deferred Revenue(12.4B)2.4B2.5B3.2B379.7M398.7M
Net Debt17.1B15.7B15.3B14.9B20.6B17.6B
Retained Earnings1.6B3.6B1.4B9.1B25.7B26.9B
Accounts Payable3.7B4.3B5.1B6.9B5.2B5.7B
Cash165.9M115.6M255.5M239.9M314.6M299.8M
Non Current Assets Total41.4B40.5B44.4B48.7B58.3B51.5B
Non Currrent Assets Other599.9M305.3M284.2M6.1B4.6B3.0B
Other Assets12.3B9.7B10.1B5.8B6.7B8.1B
Cash And Short Term Investments839.9M899.1M1.7B5.4B2.0B2.2B
Net Receivables10.2B6.7B7.8B11.1B8.4B8.2B
Short Term Investments673.9M783.5M1.5B5.2B1.7B1.8B
Liabilities And Stockholders Equity60.7B59.7B68.8B83.7B92.3B80.7B
Non Current Liabilities Total5.2B7.0B7.4B5.1B7.9B7.0B
Inventory8.1B8.6B9.5B14.9B15.7B12.3B
Other Current Assets69.9M3.0B5.4B7.4B7.9B8.3B
Other Stockholder Equity33.4B(35.7B)33.4B1.033.6B35.3B
Total Liab23.6B24.9B26.5B28.5B33.0B29.9B
Total Current Assets19.3B19.2B24.4B35.0B34.0B29.2B
Accumulated Other Comprehensive Income(7.6B)33.4B33.4B33.5B59.3B34.1B
Short Term Debt12.4B12.0B11.2B13.0B16.3B13.6B
Other Liab356.0M3.1B3.0B2.9B3.4B2.1B
Net Tangible Assets36.9B34.7B42.4B54.9B63.1B44.8B
Long Term Debt4.8B3.9B4.4B1.8B3.7B3.8B
Capital Lease Obligations67.2M50.8M29.9M368.8M1.0B1.1B
Net Invested Capital54.3B45.1B58.1B70.0B79.3B64.5B
Short Long Term Debt12.4B10.2B11.2B13.0B16.2B13.0B
Net Working Capital837.8M1.3B5.3B11.6B9.0B5.5B
Intangible Assets189.1M124.2M78.6M313.7M511.1M256.1M
Property Plant Equipment27.0B27.4B31.7B42.3B48.7B33.7B

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Other Information on Investing in Gujarat Stock

Balance Sheet is a snapshot of the financial position of Gujarat Fluorochemicals at a specified time, usually calculated after every quarter, six months, or one year. Gujarat Fluorochemicals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gujarat Fluorochemicals 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 Gujarat currently owns. An asset can also be divided into two categories, current and non-current.