Gabriel Other Current Assets vs Non Currrent Assets Other Analysis

GABRIEL Stock   434.25  0.55  0.13%   
Gabriel India financial indicator trend analysis is much more than just examining Gabriel India Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gabriel India Limited is a good investment. Please check the relationship between Gabriel India Other Current Assets and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabriel India 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 gross domestic product.

Other Current Assets vs Non Currrent Assets Other

Other Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gabriel India Limited Other Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gabriel India's Other Current Assets and Non Currrent Assets Other is -0.38. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Gabriel India Limited, assuming nothing else is changed. The correlation between historical values of Gabriel India's Other Current Assets and Non Currrent Assets Other 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 Current Assets of Gabriel India Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Gabriel India's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Gabriel India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gabriel India Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabriel India 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 gross domestic product.
The value of Selling General Administrative is expected to slide to about 601.6 M. The value of Tax Provision is estimated to slide to about 400.8 M
 2021 2022 2023 2024 (projected)
Gross Profit5.0B7.0B4.0B3.7B
Total Revenue23.1B29.7B33.8B35.5B

Gabriel India fundamental ratios Correlations

-0.01-0.140.980.990.82-0.320.650.8-0.010.94-0.710.250.990.88-0.320.830.990.490.860.720.00.880.87-0.310.75
-0.010.210.06-0.1-0.080.730.01-0.11-0.34-0.03-0.370.620.030.250.130.04-0.02-0.22-0.120.49-0.58-0.130.00.84-0.37
-0.140.21-0.02-0.22-0.220.19-0.06-0.21-0.34-0.1-0.050.2-0.050.080.21-0.01-0.12-0.68-0.230.18-0.46-0.22-0.10.56-0.41
0.980.06-0.020.940.79-0.260.650.76-0.070.91-0.740.220.990.89-0.180.840.970.470.810.75-0.110.80.85-0.180.66
0.99-0.1-0.220.940.84-0.370.620.830.040.94-0.650.210.960.84-0.410.810.980.530.880.660.10.910.86-0.410.8
0.82-0.08-0.220.790.84-0.390.460.990.060.77-0.310.060.810.64-0.360.940.80.720.910.440.150.930.9-0.420.76
-0.320.730.19-0.26-0.37-0.39-0.61-0.37-0.04-0.44-0.20.28-0.25-0.190.06-0.39-0.36-0.36-0.430.21-0.54-0.47-0.440.82-0.53
0.650.01-0.060.650.620.46-0.610.4-0.290.76-0.440.290.610.720.040.590.690.270.520.460.040.570.65-0.270.44
0.8-0.11-0.210.760.830.99-0.370.40.090.73-0.290.030.790.59-0.460.90.770.70.880.410.180.920.86-0.430.75
-0.01-0.34-0.34-0.070.040.06-0.04-0.290.09-0.170.02-0.140.02-0.38-0.01-0.09-0.040.210.11-0.110.380.02-0.13-0.330.47
0.94-0.03-0.10.910.940.77-0.440.760.73-0.17-0.560.320.90.93-0.310.840.970.380.850.610.110.890.91-0.330.72
-0.71-0.37-0.05-0.74-0.65-0.31-0.2-0.44-0.290.02-0.56-0.42-0.75-0.680.05-0.34-0.68-0.12-0.36-0.90.48-0.34-0.37-0.22-0.28
0.250.620.20.220.210.060.280.290.03-0.140.32-0.420.220.49-0.120.230.29-0.390.270.56-0.290.260.310.370.15
0.990.03-0.050.990.960.81-0.250.610.790.020.9-0.750.220.85-0.260.820.970.470.810.76-0.080.820.82-0.210.7
0.880.250.080.890.840.64-0.190.720.59-0.380.93-0.680.490.85-0.190.780.910.210.730.76-0.190.760.84-0.030.49
-0.320.130.21-0.18-0.41-0.360.060.04-0.46-0.01-0.310.05-0.12-0.26-0.19-0.21-0.29-0.11-0.3-0.01-0.34-0.48-0.270.27-0.35
0.830.04-0.010.840.810.94-0.390.590.9-0.090.84-0.340.230.820.78-0.210.850.530.920.510.060.910.97-0.280.7
0.99-0.02-0.120.970.980.8-0.360.690.77-0.040.97-0.680.290.970.91-0.290.850.450.880.710.020.890.89-0.310.76
0.49-0.22-0.680.470.530.72-0.360.270.70.210.38-0.12-0.390.470.21-0.110.530.450.560.090.210.540.5-0.550.56
0.86-0.12-0.230.810.880.91-0.430.520.880.110.85-0.360.270.810.73-0.30.920.880.560.50.20.960.95-0.50.86
0.720.490.180.750.660.440.210.460.41-0.110.61-0.90.560.760.76-0.010.510.710.090.5-0.50.480.520.280.27
0.0-0.58-0.46-0.110.10.15-0.540.040.180.380.110.48-0.29-0.08-0.19-0.340.060.020.210.2-0.50.260.1-0.650.42
0.88-0.13-0.220.80.910.93-0.470.570.920.020.89-0.340.260.820.76-0.480.910.890.540.960.480.260.95-0.50.84
0.870.0-0.10.850.860.9-0.440.650.86-0.130.91-0.370.310.820.84-0.270.970.890.50.950.520.10.95-0.360.76
-0.310.840.56-0.18-0.41-0.420.82-0.27-0.43-0.33-0.33-0.220.37-0.21-0.030.27-0.28-0.31-0.55-0.50.28-0.65-0.5-0.36-0.68
0.75-0.37-0.410.660.80.76-0.530.440.750.470.72-0.280.150.70.49-0.350.70.760.560.860.270.420.840.76-0.68
Click cells to compare fundamentals

Gabriel India Account Relationship Matchups

Gabriel India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.7B12.1B13.5B14.3B17.8B18.7B
Short Long Term Debt Total89.0M146.7M129.0M111.6M749.7M437.2M
Other Current Liab74.5M608.8M623.2M660.6M841.5M623.5M
Total Current Liabilities2.9B4.7B5.5B5.2B7.1B7.4B
Total Stockholder Equity6.5B7.0B7.7B8.7B10.0B10.5B
Property Plant And Equipment Net3.6B3.8B4.0B4.3B5.7B3.2B
Net Debt80.5M(769.3M)(281.0M)(286.6M)150.4M248.6M
Cash8.4M915.9M410M398.3M599.3M629.2M
Non Current Assets Total4.7B4.2B4.5B4.9B6.4B3.6B
Non Currrent Assets Other490.4M136.9M(10K)119.5M364.7M366.5M
Cash And Short Term Investments899.8M2.7B2.8B3.0B3.0B3.2B
Liabilities And Stockholders Equity9.7B12.1B13.5B14.3B17.8B18.7B
Non Current Liabilities Total335.4M428.6M403.5M384.3M723.1M548.2M
Inventory1.6B2.0B2.1B2.2B3.0B3.2B
Other Current Assets11.7M3.1B4.2B4.2B5.4B5.6B
Other Stockholder Equity1.2B1.5B(6.2B)271.8M659.3M987.9M
Total Liab3.2B5.1B5.9B5.6B7.8B4.1B
Total Current Assets5.1B7.9B9.1B9.4B11.4B12.0B
Net Receivables2.6B2.9B3.9B3.9B4.9B3.0B
Intangible Assets20.3M25.1M30.8M146.8M320.0M336.0M
Current Deferred Revenue602.3M615.2M514.6M571.2M31.8M30.2M
Retained Earnings5.7B6.2B6.9B7.9B9.2B5.4B
Accounts Payable2.2B3.9B4.7B4.4B5.9B3.2B
Accumulated Other Comprehensive Income(1.2B)386.7M389.5M388.0M2.3M2.4M
Short Term Debt10.7M17.6M18.0M17.9M297.5M312.3M
Other Liab365.5M257.2M299.4M292.4M336.3M278.6M
Net Tangible Assets5.9B6.5B6.9B7.6B8.8B5.7B
Other Assets588.3M392.1M413.2M129.2M1.00.95
Short Term Investments891.3M1.8B2.4B2.6B1.0B1.1B
Property Plant Equipment3.6B3.8B4.0B4.3B5.0B3.7B
Long Term Debt Total78.2M129.2M111.1M93.7M107.8M98.0M
Capital Lease Obligations89.0M146.7M129.0M111.6M498.0M522.9M
Net Invested Capital6.5B7.0B7.7B8.7B10.3B8.1B
Net Working Capital2.2B3.2B3.6B4.2B4.4B3.5B

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Other Information on Investing in Gabriel Stock

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