Godrej Retained Earnings vs Short Long Term Debt Total 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 Retained Earnings and its Short Long Term Debt Total 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.

Retained Earnings vs Short Long Term Debt Total

Retained Earnings vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godrej Agrovet Retained Earnings account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Godrej Agrovet's Retained Earnings and Short Long Term Debt Total is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt Total 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 Retained Earnings and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Godrej Agrovet Limited are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Retained Earnings i.e., Godrej Agrovet's Retained Earnings and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt Total

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

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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.