Gujarat Total Current Assets vs Depreciation And Amortization Analysis

FLUOROCHEM   3,957  6.10  0.15%   
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 Current Assets and its Depreciation And Amortization 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 Current Assets vs Depreciation And Amortization

Total Current Assets vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Fluorochemicals Total Current Assets account and Depreciation And Amortization. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gujarat Fluorochemicals' Total Current Assets and Depreciation And Amortization is 0.97. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Depreciation And Amortization 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 Current Assets and Depreciation And Amortization 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 Current Assets of Gujarat Fluorochemicals Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Current Assets i.e., Gujarat Fluorochemicals' Total Current Assets and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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.