Godrej Common Stock Shares Outstanding vs Total Current Liabilities Analysis

GODREJAGRO   750.55  1.00  0.13%   
Godrej Agrovet financial indicator trend analysis is much more than just examining Godrej Agrovet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godrej Agrovet is a good investment. Please check the relationship between Godrej Agrovet Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godrej Agrovet 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 income.

Common Stock Shares Outstanding vs Total Current Liabilities

Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godrej Agrovet Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Godrej Agrovet's Common Stock Shares Outstanding and Total Current Liabilities is 0.11. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Godrej Agrovet Limited, assuming nothing else is changed. The correlation between historical values of Godrej Agrovet's Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Godrej Agrovet Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Godrej Agrovet's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on Godrej Agrovet balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Godrej Agrovet Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Godrej Agrovet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godrej Agrovet 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 Godrej Agrovet 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 income.
As of December 1, 2024, Selling General Administrative is expected to decline to about 72.3 M. In addition to that, Tax Provision is expected to decline to about 1.1 B
 2021 2022 2023 2024 (projected)
Interest Expense618.6M991.2M1.1B577.8M
Depreciation And Amortization1.7B1.9B2.1B1.2B

Godrej Agrovet fundamental ratios Correlations

0.680.750.970.980.990.760.680.970.710.030.990.70.190.770.860.120.20.810.980.79-0.090.990.990.660.95
0.680.770.710.640.650.351.00.710.020.010.660.740.380.320.560.180.470.60.750.790.010.720.70.980.7
0.750.770.660.790.750.480.760.830.19-0.010.740.650.080.340.560.490.070.720.80.970.160.70.740.690.71
0.970.710.660.910.940.80.710.90.710.010.950.650.240.830.850.110.290.70.940.73-0.140.990.980.730.93
0.980.640.790.910.990.730.640.990.670.020.980.70.130.690.820.130.130.840.970.83-0.070.940.960.590.92
0.990.650.750.940.990.710.650.980.70.051.00.730.20.720.860.120.20.870.970.78-0.080.970.960.610.96
0.760.350.480.80.730.710.350.660.760.010.710.210.090.90.690.080.090.330.70.52-0.060.760.820.420.62
0.681.00.760.710.640.650.350.710.02-0.050.660.750.340.320.540.180.480.590.750.790.020.720.70.980.7
0.970.710.830.90.990.980.660.710.590.040.970.750.160.620.80.140.160.860.980.86-0.070.930.950.650.93
0.710.020.190.710.670.70.760.020.590.040.70.22-0.010.850.67-0.01-0.060.440.60.26-0.250.70.70.060.65
0.030.01-0.010.010.020.050.01-0.050.040.040.03-0.190.660.020.29-0.09-0.210.24-0.01-0.05-0.130.040.02-0.05-0.02
0.990.660.740.950.981.00.710.660.970.70.030.740.20.720.850.110.210.860.970.78-0.080.970.960.620.97
0.70.740.650.650.70.730.210.750.750.22-0.190.740.280.180.530.170.560.730.760.70.040.690.630.680.79
0.190.380.080.240.130.20.090.340.16-0.010.660.20.280.090.48-0.020.590.290.150.06-0.140.250.170.360.19
0.770.320.340.830.690.720.90.320.620.850.020.720.180.090.730.080.090.370.660.39-0.30.790.820.40.66
0.860.560.560.850.820.860.690.540.80.670.290.850.530.480.730.120.290.740.810.59-0.060.870.850.540.75
0.120.180.490.110.130.120.080.180.14-0.01-0.090.110.17-0.020.080.12-0.030.140.120.470.020.120.130.160.12
0.20.470.070.290.130.20.090.480.16-0.06-0.210.210.560.590.090.29-0.030.10.20.09-0.060.270.180.520.26
0.810.60.720.70.840.870.330.590.860.440.240.860.730.290.370.740.140.10.810.690.060.770.730.470.84
0.980.750.80.940.970.970.70.750.980.6-0.010.970.760.150.660.810.120.20.810.86-0.010.960.970.720.94
0.790.790.970.730.830.780.520.790.860.26-0.050.780.70.060.390.590.470.090.690.860.10.750.790.730.75
-0.090.010.16-0.14-0.07-0.08-0.060.02-0.07-0.25-0.13-0.080.04-0.14-0.3-0.060.02-0.060.06-0.010.1-0.12-0.11-0.01-0.07
0.990.720.70.990.940.970.760.720.930.70.040.970.690.250.790.870.120.270.770.960.75-0.120.980.720.95
0.990.70.740.980.960.960.820.70.950.70.020.960.630.170.820.850.130.180.730.970.79-0.110.980.70.92
0.660.980.690.730.590.610.420.980.650.06-0.050.620.680.360.40.540.160.520.470.720.73-0.010.720.70.67
0.950.70.710.930.920.960.620.70.930.65-0.020.970.790.190.660.750.120.260.840.940.75-0.070.950.920.67
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Godrej Agrovet Account Relationship Matchups

Godrej Agrovet fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets47.0B48.0B55.8B54.9B57.0B41.2B
Short Long Term Debt Total6.6B10.2B16.0B14.3B14.2B9.9B
Other Current Liab133.3M3.1B3.5B3.1B3.5B3.6B
Total Current Liabilities22.1B19.7B26.4B23.8B21.9B19.3B
Total Stockholder Equity18.4B20.5B22.7B23.4B25.2B16.0B
Property Plant And Equipment Net19.8B20.9B21.4B23.9B26.5B17.0B
Current Deferred Revenue3.1B3.6B3.9B2.9B1.4B2.7B
Net Debt6.1B9.7B15.7B14.1B13.7B9.4B
Retained Earnings13.1B15.2B17.6B18.8B20.5B11.8B
Accounts Payable12.9B7.5B6.9B7.0B6.3B7.4B
Cash487.5M486.3M313.6M267.2M497.6M330.8M
Non Current Assets Total25.7B26.6B27.9B31.8B34.2B22.7B
Non Currrent Assets Other1.0B963.4M1.2B2.4B2.1B1.3B
Cash And Short Term Investments654.6M681.4M343.2M954.3M578.5M504.7M
Net Receivables10.8B8.9B9.5B5.7B5.2B7.3B
Common Stock Shares Outstanding192.1M192.1M192.2M192.2M192.3M210.3M
Short Term Investments167.1M195.1M29.6M687.1M80.9M76.9M
Liabilities And Stockholders Equity47.0B48.0B55.8B54.9B57.0B41.2B
Non Current Liabilities Total2.7B3.7B2.6B3.6B5.9B3.0B
Inventory9.4B10.4B15.1B14.4B14.6B9.6B
Other Current Assets417.3M1.6B3.0B2.6B2.5B2.6B
Other Stockholder Equity(15.2B)4.3B1.9B1.0B2.8B2.9B
Total Liab24.8B23.4B29.0B27.4B27.8B22.3B
Total Current Assets21.3B21.4B28.0B23.1B22.8B18.5B
Accumulated Other Comprehensive Income(4.3B)(872.2M)(1.2B)(1.7B)23.2B24.4B
Short Term Debt6.0B8.6B15.3B12.9B10.4B8.7B
Intangible Assets662.9M661.8M714.9M856.5M871M631.3M
Common Stock1.9B1.9B1.9B1.9B1.9B1.6B
Other Liab2.4B2.1B2.0B1.9B2.2B1.9B
Net Tangible Assets13.2B15.1B17.2B19.3B22.2B12.3B
Other Assets1.3B1.1B1.5B1.0B1.2B1.1B
Long Term Debt427.8M1.5B472.6M547M2.9B3.1B
Short Long Term Debt5.9B7.9B15.2B12.7B10.2B7.3B
Property Plant Equipment19.8B20.9B21.4B24.2B27.8B17.2B
Long Term Debt Total637.8M1.7B675M1.5B1.7B855.2M
Capital Surpluse4.3B4.3B4.3B4.3B5.0B4.3B
Non Current Liabilities Other211.9M170.5M159.3M146.5M137.9M132.3M
Net Invested Capital24.7B29.9B38.3B36.6B38.3B32.4B

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Other Information on Investing in Godrej Stock

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