Grasim Retained Earnings vs Common Stock Shares Outstanding 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 Retained Earnings and its Common Stock Shares Outstanding 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Grasim Industries Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Grasim Industries' Retained Earnings and Common Stock Shares Outstanding is -0.11. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding 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' Retained Earnings and Common Stock Shares Outstanding 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 Grasim Industries Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Grasim Industries' Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Common Stock Shares Outstanding

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

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

Gross Profit Total Revenue

Grasim Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.99	0.85	1.0	0.99	0.98	0.46	0.99	0.84	0.96	0.8	1.0	1.0	0.95	0.6	0.94	-0.48	0.94	1.0	0.94	0.7	0.4	1.0	1.0	0.99	0.9
Short Long Term Debt Total	0.99		0.86	0.99	0.96	0.97	0.39	1.0	0.8	0.93	0.78	0.99	0.99	0.92	0.58	0.93	-0.5	0.91	0.99	0.92	0.73	0.38	0.99	0.99	0.99	0.9
Other Current Liab	0.85	0.86		0.88	0.8	0.84	0.03	0.87	0.75	0.9	0.57	0.85	0.86	0.83	0.18	0.66	-0.54	0.84	0.86	0.92	0.88	0.55	0.87	0.86	0.88	0.59
Total Current Liabilities	1.0	0.99	0.88		0.98	0.98	0.39	0.99	0.83	0.97	0.78	0.99	0.99	0.95	0.52	0.91	-0.51	0.94	0.99	0.96	0.76	0.45	1.0	0.99	0.99	0.86
Total Stockholder Equity	0.99	0.96	0.8	0.98		0.98	0.53	0.96	0.83	0.95	0.79	0.99	0.98	0.95	0.63	0.94	-0.46	0.94	0.98	0.92	0.64	0.41	0.98	0.98	0.96	0.9
Property Plant And Equipment Net	0.98	0.97	0.84	0.98	0.98		0.45	0.97	0.79	0.96	0.81	0.98	0.97	0.95	0.55	0.91	-0.48	0.94	0.97	0.96	0.71	0.48	0.98	0.99	0.97	0.86
Current Deferred Revenue	0.46	0.39	0.03	0.39	0.53	0.45		0.38	0.53	0.38	0.59	0.47	0.43	0.44	0.86	0.65	0.19	0.4	0.44	0.24	-0.26	-0.27	0.43	0.44	0.34	0.67
Net Debt	0.99	1.0	0.87	0.99	0.96	0.97	0.38		0.8	0.93	0.77	0.99	0.99	0.92	0.58	0.93	-0.51	0.91	0.99	0.92	0.73	0.38	0.99	0.99	0.99	0.9
Retained Earnings	0.84	0.8	0.75	0.83	0.83	0.79	0.53	0.8		0.87	0.67	0.84	0.84	0.81	0.5	0.78	-0.11	0.8	0.84	0.79	0.52	0.23	0.83	0.82	0.79	0.73
Accounts Payable	0.96	0.93	0.9	0.97	0.95	0.96	0.38	0.93	0.87		0.72	0.96	0.95	0.95	0.43	0.83	-0.46	0.95	0.95	0.98	0.77	0.49	0.96	0.96	0.94	0.77
Cash	0.8	0.78	0.57	0.78	0.79	0.81	0.59	0.77	0.67	0.72		0.8	0.76	0.79	0.62	0.82	-0.23	0.74	0.79	0.69	0.41	0.27	0.79	0.8	0.76	0.8
Non Current Assets Total	1.0	0.99	0.85	0.99	0.99	0.98	0.47	0.99	0.84	0.96	0.8		1.0	0.95	0.6	0.94	-0.48	0.93	1.0	0.93	0.7	0.4	1.0	1.0	0.99	0.91
Non Currrent Assets Other	1.0	0.99	0.86	0.99	0.98	0.97	0.43	0.99	0.84	0.95	0.76	1.0		0.93	0.58	0.94	-0.5	0.93	1.0	0.93	0.71	0.41	1.0	0.99	0.99	0.9
Cash And Short Term Investments	0.95	0.92	0.83	0.95	0.95	0.95	0.44	0.92	0.81	0.95	0.79	0.95	0.93		0.46	0.85	-0.44	1.0	0.94	0.91	0.73	0.51	0.94	0.96	0.91	0.8
Net Receivables	0.6	0.58	0.18	0.52	0.63	0.55	0.86	0.58	0.5	0.43	0.62	0.6	0.58	0.46		0.81	-0.04	0.42	0.59	0.33	-0.13	-0.28	0.57	0.57	0.53	0.86
Good Will	0.94	0.93	0.66	0.91	0.94	0.91	0.65	0.93	0.78	0.83	0.82	0.94	0.94	0.85	0.81		-0.35	0.83	0.94	0.78	0.45	0.19	0.93	0.93	0.91	0.99
Common Stock Shares Outstanding	-0.48	-0.5	-0.54	-0.51	-0.46	-0.48	0.19	-0.51	-0.11	-0.46	-0.23	-0.48	-0.5	-0.44	-0.04	-0.35		-0.46	-0.47	-0.53	-0.62	-0.56	-0.49	-0.48	-0.54	-0.32
Short Term Investments	0.94	0.91	0.84	0.94	0.94	0.94	0.4	0.91	0.8	0.95	0.74	0.93	0.93	1.0	0.42	0.83	-0.46		0.93	0.92	0.75	0.53	0.93	0.95	0.9	0.77
Non Current Liabilities Total	1.0	0.99	0.86	0.99	0.98	0.97	0.44	0.99	0.84	0.95	0.79	1.0	1.0	0.94	0.59	0.94	-0.47	0.93		0.93	0.71	0.38	1.0	0.99	0.99	0.91
Inventory	0.94	0.92	0.92	0.96	0.92	0.96	0.24	0.92	0.79	0.98	0.69	0.93	0.93	0.91	0.33	0.78	-0.53	0.92	0.93		0.84	0.57	0.94	0.94	0.95	0.71
Other Current Assets	0.7	0.73	0.88	0.76	0.64	0.71	-0.26	0.73	0.52	0.77	0.41	0.7	0.71	0.73	-0.13	0.45	-0.62	0.75	0.71	0.84		0.68	0.73	0.73	0.76	0.38
Other Stockholder Equity	0.4	0.38	0.55	0.45	0.41	0.48	-0.27	0.38	0.23	0.49	0.27	0.4	0.41	0.51	-0.28	0.19	-0.56	0.53	0.38	0.57	0.68		0.4	0.41	0.45	0.11
Total Liab	1.0	0.99	0.87	1.0	0.98	0.98	0.43	0.99	0.83	0.96	0.79	1.0	1.0	0.94	0.57	0.93	-0.49	0.93	1.0	0.94	0.73	0.4		1.0	0.99	0.9
Total Current Assets	1.0	0.99	0.86	0.99	0.98	0.99	0.44	0.99	0.82	0.96	0.8	1.0	0.99	0.96	0.57	0.93	-0.48	0.95	0.99	0.94	0.73	0.41	1.0		0.98	0.89
Short Term Debt	0.99	0.99	0.88	0.99	0.96	0.97	0.34	0.99	0.79	0.94	0.76	0.99	0.99	0.91	0.53	0.91	-0.54	0.9	0.99	0.95	0.76	0.45	0.99	0.98		0.87
Intangible Assets	0.9	0.9	0.59	0.86	0.9	0.86	0.67	0.9	0.73	0.77	0.8	0.91	0.9	0.8	0.86	0.99	-0.32	0.77	0.91	0.71	0.38	0.11	0.9	0.89	0.87

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Grasim Industries Account Relationship Matchups

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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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.

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Grasim Retained Earnings vs Common Stock Shares Outstanding Analysis

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

Correlation Coefficient

Retained Earnings

Common Stock Shares Outstanding

Grasim Industries fundamental ratios Correlations

Grasim Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grasim Industries fundamental ratios Accounts

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Other Information on Investing in Grasim Stock

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Total Current Liabilities	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets

Other Current Assets	- 0.62	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.56	Common Stock Shares Outstanding
Short Term Debt	- 0.54	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.54	Other Current Liab
Inventory	- 0.53	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.51	Net Debt