Godrej Other Current Liab vs Total Assets Analysis

GODREJCP   1,262  21.50  1.73%   
Godrej Consumer financial indicator trend analysis is much more than just examining Godrej Consumer Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godrej Consumer Products is a good investment. Please check the relationship between Godrej Consumer Other Current Liab and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godrej Consumer Products. 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.

Other Current Liab vs Total Assets

Other Current Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godrej Consumer Products Other Current Liab account and Total Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Godrej Consumer's Other Current Liab and Total Assets is 0.48. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of Godrej Consumer Products, assuming nothing else is changed. The correlation between historical values of Godrej Consumer's Other Current Liab and Total Assets 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 Liab of Godrej Consumer Products are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Current Liab i.e., Godrej Consumer's Other Current Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Total Assets

Total assets refers to the total amount of Godrej Consumer 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 Godrej Consumer Products 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.
Most indicators from Godrej Consumer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godrej Consumer Products 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 Consumer Products. 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.
At present, Godrej Consumer's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense724M1.8B2.5B2.6B
Depreciation And Amortization2.1B2.4B2.4B1.2B

Godrej Consumer fundamental ratios Correlations

0.480.480.780.810.990.490.790.850.291.00.390.830.860.940.680.090.86-0.01-0.030.680.990.760.84-0.20.51
0.480.380.520.090.390.980.040.580.740.480.690.260.740.550.640.780.47-0.06-0.190.940.480.390.14-0.260.26
0.480.380.480.330.470.430.350.620.060.50.10.320.560.420.220.210.45-0.49-0.750.510.440.50.57-0.890.27
0.780.520.480.830.780.550.810.710.260.780.530.830.730.70.66-0.020.660.01-0.140.640.750.950.69-0.310.88
0.810.090.330.830.850.111.00.58-0.040.810.230.930.560.710.52-0.370.640.030.050.280.790.870.79-0.140.76
0.990.390.470.780.850.40.840.850.230.980.330.840.820.940.650.010.880.0-0.050.610.980.760.88-0.180.52
0.490.980.430.550.110.40.070.550.60.50.670.280.740.530.580.710.41-0.1-0.260.910.470.430.18-0.330.33
0.790.040.350.811.00.840.070.58-0.080.80.210.920.530.680.46-0.40.630.010.030.250.770.870.81-0.170.75
0.850.580.620.710.580.850.550.580.470.830.460.620.860.850.610.350.89-0.14-0.270.80.870.650.81-0.410.33
0.290.740.060.26-0.040.230.6-0.080.470.250.540.130.480.460.690.770.520.090.140.730.360.12-0.030.12-0.08
1.00.480.50.780.810.980.50.80.830.250.380.820.840.930.670.070.84-0.02-0.040.660.970.770.85-0.220.53
0.390.690.10.530.230.330.670.210.460.540.380.470.540.370.350.560.29-0.190.180.730.420.530.09-0.110.4
0.830.260.320.830.930.840.280.920.620.130.820.470.640.730.58-0.130.640.020.10.450.830.890.68-0.170.73
0.860.740.560.730.560.820.740.530.860.480.840.540.640.860.670.420.78-0.24-0.20.860.870.650.68-0.350.4
0.940.550.420.70.710.940.530.680.850.460.930.370.730.860.790.240.920.05-0.040.720.950.620.73-0.080.37
0.680.640.220.660.520.650.580.460.610.690.670.350.580.670.790.330.730.290.130.70.70.530.380.090.38
0.090.780.21-0.02-0.370.010.71-0.40.350.770.070.56-0.130.420.240.330.23-0.23-0.120.730.14-0.1-0.22-0.16-0.33
0.860.470.450.660.640.880.410.630.890.520.840.290.640.780.920.730.230.0-0.090.680.90.570.74-0.120.29
-0.01-0.06-0.490.010.030.0-0.10.01-0.140.09-0.02-0.190.02-0.240.050.29-0.230.00.27-0.140.0-0.13-0.110.540.08
-0.03-0.19-0.75-0.140.05-0.05-0.260.03-0.270.14-0.040.180.1-0.2-0.040.13-0.12-0.090.27-0.190.0-0.07-0.210.81-0.07
0.680.940.510.640.280.610.910.250.80.730.660.730.450.860.720.70.730.68-0.14-0.190.690.540.39-0.320.3
0.990.480.440.750.790.980.470.770.870.360.970.420.830.870.950.70.140.90.00.00.690.730.82-0.170.46
0.760.390.50.950.870.760.430.870.650.120.770.530.890.650.620.53-0.10.57-0.13-0.070.540.730.7-0.380.88
0.840.140.570.690.790.880.180.810.81-0.030.850.090.680.680.730.38-0.220.74-0.11-0.210.390.820.7-0.370.48
-0.2-0.26-0.89-0.31-0.14-0.18-0.33-0.17-0.410.12-0.22-0.11-0.17-0.35-0.080.09-0.16-0.120.540.81-0.32-0.17-0.38-0.37-0.23
0.510.260.270.880.760.520.330.750.33-0.080.530.40.730.40.370.38-0.330.290.08-0.070.30.460.880.48-0.23
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Godrej Consumer Account Relationship Matchups

Godrej Consumer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets149.6B142.8B161.3B175.0B185.0B100.1B
Short Long Term Debt Total35.7B18.6B17.0B11.3B32.2B21.5B
Other Current Liab20.7B7.0B5.0B5.2B6.5B4.9B
Total Current Liabilities45.5B41.4B39.7B32.9B55.9B58.7B
Total Stockholder Equity79.0B94.4B115.6B137.9B126.0B132.3B
Property Plant And Equipment Net13.1B13.5B14.9B15.8B15.2B9.5B
Net Debt29.7B13.4B9.5B7.7B28.2B15.8B
Retained Earnings59.9B76.9B94.3B111.0B100.1B105.1B
Accounts Payable24.8B20.1B21.6B18.2B16.8B13.4B
Cash6.0B5.2B7.5B3.6B4.0B5.7B
Non Current Assets Total101.5B98.1B104.5B116.9B129.3B66.1B
Non Currrent Assets Other1.5B1.5B2.1B1.7B6.3B6.7B
Cash And Short Term Investments14.1B13.2B19.4B26.2B22.8B24.0B
Net Receivables17.0B10.1B11.6B12.5B15.4B9.5B
Good Will53.4B51.3B53.8B58.2B50.3B35.1B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.0B1.0B
Liabilities And Stockholders Equity149.6B142.8B161.3B175.0B185.0B100.1B
Non Current Liabilities Total25.1B7.1B6.1B4.1B3.1B2.9B
Inventory17.0B17.2B21.3B15.4B12.7B11.3B
Other Current Assets9.3M4.1B4.5B4.3B4.7B3.2B
Other Stockholder Equity(62.5B)16.4B20.3B26.0B24.8B13.1B
Total Liab70.6B48.4B45.8B37.0B59.0B43.4B
Total Current Assets48.1B44.7B56.9B58.1B55.6B34.0B
Accumulated Other Comprehensive Income(5.0B)2.3B6.0B11.6B125.0B131.2B
Intangible Assets26.4B24.8B24.7B25.8B39.6B41.6B
Common Stock1.0B1.0B1.0B1.0B1.0B603.6M
Current Deferred Revenue(14.0B)5.8B4.3B3.6B584.6M555.4M
Short Term Debt14.0B13.5B12.6B8.9B32.1B33.7B
Short Term Investments8.1B8.0B11.9B22.7B18.7B19.6B
Other Liab4.1B3.3B1.6B1.6B1.9B1.8B
Net Tangible Assets(2.1B)(774.9M)18.3B37.1B42.6B44.8B
Other Assets7.9B8.2B9.4B7.3B1.00.95
Long Term Debt26.0B21.5B4.8B3.8B1.9B0.0
Short Long Term Debt13.7B2.8B12.3B8.4B31.5B33.1B
Property Plant Equipment13.1B13.5B14.9B15.8B18.1B12.7B
Long Term Debt Total21.8B5.5B4.5B2.5B2.2B2.1B
Capital Surpluse14.1B14.2B14.2B14.3B12.9B11.4B
Non Current Liabilities Other71.7M68.8M22.9M15.7M7.1M6.7M
Cash And Equivalents855.6M811.6M746.3M512.6M461.3M438.3M

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Other Information on Investing in Godrej Stock

Balance Sheet is a snapshot of the financial position of Godrej Consumer Products at a specified time, usually calculated after every quarter, six months, or one year. Godrej Consumer Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Godrej Consumer 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.