Grasim Other Stockholder Equity vs Other Current Liab Analysis
GRASIM Stock | 2,714 20.45 0.76% |
Grasim Industries financial indicator trend analysis is much more than just examining Grasim Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Grasim Industries is a good investment. Please check the relationship between Grasim Industries Other Stockholder Equity and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grasim Industries 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 Stockholder Equity vs Other Current Liab
Other Stockholder Equity vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grasim Industries Other Stockholder Equity account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Grasim Industries' Other Stockholder Equity and Other Current Liab is 0.55. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Grasim Industries Limited, assuming nothing else is changed. The correlation between historical values of Grasim Industries' Other Stockholder Equity and Other Current Liab 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 Stockholder Equity of Grasim Industries Limited are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Stockholder Equity i.e., Grasim Industries' Other Stockholder Equity and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Stockholder Equity
Other Current Liab
Most indicators from Grasim Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Grasim Industries 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 Grasim Industries 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. At present, Grasim Industries' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 32.2 B, whereas Selling General Administrative is forecasted to decline to about 3.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 465.5B | 616.6B | 625.8B | 657.1B | Total Revenue | 945.9B | 1.2T | 1.3T | 1.4T |
Grasim Industries fundamental ratios Correlations
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Grasim Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Grasim Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.4T | 2.7T | 2.9T | 3.4T | 4.1T | 4.3T | |
Short Long Term Debt Total | 846.6B | 777.1B | 745.6B | 1.0T | 1.4T | 1.4T | |
Other Current Liab | 58.5B | 24.1B | 25.9B | 183.9B | 221.8B | 232.9B | |
Total Current Liabilities | 466.3B | 514.2B | 578.8B | 695.3B | 924.3B | 970.5B | |
Total Stockholder Equity | 566.5B | 654.9B | 757.0B | 787.4B | 886.5B | 930.9B | |
Property Plant And Equipment Net | 616.4B | 614.6B | 666.0B | 738.8B | 902.5B | 947.7B | |
Current Deferred Revenue | 95.4B | 171.1B | 170.2B | 148.3B | 25.8B | 24.5B | |
Net Debt | 815.8B | 750.9B | 723.1B | 1.0T | 1.3T | 1.4T | |
Retained Earnings | 46.3B | 60.2B | 101.6B | 129.8B | 120.1B | 70.7B | |
Accounts Payable | 66.9B | 81.2B | 115.8B | 133.5B | 153.6B | 161.2B | |
Cash | 30.7B | 26.2B | 22.4B | 23.1B | 23.9B | 25.1B | |
Non Current Assets Total | 1.9T | 2.1T | 2.3T | 2.7T | 3.3T | 3.4T | |
Non Currrent Assets Other | 684.2B | 761.0B | 848.2B | 1.1T | 1.3T | 1.4T | |
Cash And Short Term Investments | 151.8B | 224.2B | 179.7B | 208.7B | 270.1B | 283.6B | |
Net Receivables | 298.4B | 282.2B | 286.3B | 291.6B | 70.5B | 115.8B | |
Good Will | 200.5B | 200.1B | 200.6B | 201.4B | 201.5B | 211.6B | |
Short Term Investments | 121.1B | 198.0B | 157.3B | 185.6B | 246.2B | 258.5B | |
Liabilities And Stockholders Equity | 2.4T | 2.7T | 2.9T | 3.4T | 4.1T | 4.3T | |
Non Current Liabilities Total | 1.1T | 1.1T | 1.2T | 1.4T | 1.8T | 1.9T | |
Inventory | 68.1B | 62.0B | 95.4B | 111.6B | 148.2B | 155.6B | |
Other Current Assets | 5.2B | 6.2B | 6.3B | 63.3B | 458.1B | 481.1B | |
Other Stockholder Equity | 270.1B | 270.5B | 269.9B | 268.7B | 765.1B | 803.3B | |
Total Liab | 1.5T | 1.6T | 1.7T | 2.1T | 2.7T | 2.9T | |
Total Current Assets | 523.5B | 574.6B | 567.6B | 675.0B | 863.9B | 907.1B | |
Accumulated Other Comprehensive Income | 248.8B | 322.9B | 384.2B | 387.6B | 481.1B | 505.2B | |
Short Term Debt | 245.5B | 237.8B | 267.0B | 349.2B | 493.7B | 518.3B | |
Intangible Assets | 97.7B | 93.0B | 89.4B | 86.4B | 84.3B | 88.5B | |
Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | |
Other Liab | 472.0B | 466.7B | 585.5B | 674.7B | 775.9B | 814.7B | |
Net Tangible Assets | 265.2B | 268.2B | 361.8B | 467.0B | 537.1B | 317.4B | |
Other Assets | 685.8B | 739.8B | (100K) | 315.0B | (225.5M) | (214.2M) | |
Long Term Debt | 587.5B | 524.9B | 465.5B | 667.1B | 861.2B | 433.8B | |
Short Long Term Debt | 119.9B | 235.6B | 264.6B | 346.4B | 489.9B | 514.4B | |
Property Plant Equipment | 618.1B | 614.6B | 666.0B | 738.8B | 849.7B | 541.5B | |
Long Term Debt Total | 601.1B | 539.4B | 478.7B | 681.2B | 783.4B | 466.5B | |
Capital Surpluse | 271.7B | 272.0B | 272.3B | 272.6B | 313.4B | 217.5B | |
Capital Lease Obligations | 15.6B | 16.7B | 15.6B | 16.9B | 20.5B | 11.7B | |
Non Current Liabilities Other | 390.4B | 1.3B | 763.2M | 162.4M | 248M | 235.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Grasim Stock
Balance Sheet is a snapshot of the financial position of Grasim Industries at a specified time, usually calculated after every quarter, six months, or one year. Grasim Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Grasim Industries 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 Grasim currently owns. An asset can also be divided into two categories, current and non-current.