Gravita Inventory vs Other Assets Analysis

GRAVITA Stock   2,169  18.15  0.83%   
Gravita India financial indicator trend analysis is much more than just examining Gravita India Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gravita India Limited is a good investment. Please check the relationship between Gravita India Inventory and its Other Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravita India 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.

Inventory vs Other Assets

Inventory vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gravita India Limited Inventory account and Other Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Gravita India's Inventory and Other Assets is -0.6. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Gravita India Limited, assuming nothing else is changed. The correlation between historical values of Gravita India's Inventory and Other 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 Inventory of Gravita India Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Gravita India's Inventory and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Other Assets

Most indicators from Gravita India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gravita India Limited 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 Gravita India 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.
The current year's Selling General Administrative is expected to grow to about 1.6 B. The current year's Tax Provision is expected to grow to about 384.8 M
 2022 2023 2024 2025 (projected)
Interest Expense391.4M517.4M595.0M624.8M
Depreciation And Amortization239.6M379.9M436.9M458.7M

Gravita India fundamental ratios Correlations

0.990.80.940.990.990.980.980.990.68-0.570.860.960.680.970.990.960.150.991.00.380.50.810.5-0.730.21
0.990.740.960.960.991.00.950.990.57-0.490.780.950.680.950.970.950.170.990.980.40.520.840.39-0.70.16
0.80.740.690.810.760.730.840.760.59-0.540.770.780.540.840.810.780.080.770.820.280.130.60.52-0.570.3
0.940.960.690.890.960.960.910.950.62-0.40.80.860.530.860.950.870.160.980.940.450.680.910.46-0.710.36
0.990.960.810.890.980.960.980.980.71-0.630.870.970.720.980.970.960.140.960.990.350.410.740.53-0.710.14
0.990.990.760.960.980.980.981.00.69-0.540.860.950.670.960.980.950.160.990.990.40.550.830.51-0.720.21
0.981.00.730.960.960.980.950.980.56-0.480.770.950.680.950.960.950.170.990.980.40.530.840.37-0.70.15
0.980.950.840.910.980.980.950.980.73-0.580.90.950.670.960.980.930.130.960.980.370.410.790.55-0.70.26
0.990.990.760.950.981.00.980.980.7-0.540.860.960.680.960.980.950.170.990.990.40.540.820.51-0.720.19
0.680.570.590.620.710.690.560.730.7-0.550.920.630.370.60.690.560.050.630.670.250.380.520.87-0.540.46
-0.57-0.49-0.54-0.4-0.63-0.54-0.48-0.58-0.54-0.55-0.64-0.54-0.37-0.63-0.6-0.520.36-0.5-0.580.29-0.1-0.27-0.660.51-0.14
0.860.780.770.80.870.860.770.90.860.92-0.640.790.480.80.880.760.120.830.860.320.410.70.84-0.670.49
0.960.950.780.860.970.950.950.950.960.63-0.540.790.760.960.920.940.140.930.960.360.370.720.42-0.580.02
0.680.680.540.530.720.670.680.670.680.37-0.370.480.760.730.610.750.240.630.680.360.160.390.16-0.37-0.27
0.970.950.840.860.980.960.950.960.960.6-0.630.80.960.730.950.960.10.940.980.290.360.710.44-0.70.07
0.990.970.810.950.970.980.960.980.980.69-0.60.880.920.610.950.920.10.990.990.350.510.830.55-0.770.32
0.960.950.780.870.960.950.950.930.950.56-0.520.760.940.750.960.920.280.930.960.450.470.720.37-0.69-0.02
0.150.170.080.160.140.160.170.130.170.050.360.120.140.240.10.10.280.150.140.860.110.2-0.15-0.3-0.1
0.990.990.770.980.960.990.990.960.990.63-0.50.830.930.630.940.990.930.150.990.40.580.870.47-0.730.26
1.00.980.820.940.990.990.980.980.990.67-0.580.860.960.680.980.990.960.140.990.370.480.810.5-0.730.21
0.380.40.280.450.350.40.40.370.40.250.290.320.360.360.290.350.450.860.40.370.340.53-0.04-0.390.08
0.50.520.130.680.410.550.530.410.540.38-0.10.410.370.160.360.510.470.110.580.480.340.660.29-0.440.21
0.810.840.60.910.740.830.840.790.820.52-0.270.70.720.390.710.830.720.20.870.810.530.660.39-0.620.45
0.50.390.520.460.530.510.370.550.510.87-0.660.840.420.160.440.550.37-0.150.470.5-0.040.290.39-0.440.61
-0.73-0.7-0.57-0.71-0.71-0.72-0.7-0.7-0.72-0.540.51-0.67-0.58-0.37-0.7-0.77-0.69-0.3-0.73-0.73-0.39-0.44-0.62-0.44-0.34
0.210.160.30.360.140.210.150.260.190.46-0.140.490.02-0.270.070.32-0.02-0.10.260.210.080.210.450.61-0.34
Click cells to compare fundamentals

Gravita India Account Relationship Matchups

Gravita India fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.3B10.0B12.1B16.0B18.4B19.3B
Short Long Term Debt Total2.6B3.9B3.5B5.5B6.3B6.6B
Other Current Liab149.8M674.1M469.9M647M744.1M781.3M
Total Current Liabilities3.9B4.7B4.9B4.9B5.6B5.9B
Total Stockholder Equity2.7B3.9B5.9B8.4B9.6B10.1B
Property Plant And Equipment Net1.9B2.3B3.2B3.9B4.5B4.7B
Net Debt2.5B3.7B3.2B5.1B5.9B6.2B
Cash113.2M234.2M303.7M358.1M411.8M432.4M
Non Current Assets Total2.0B2.5B3.4B4.3B4.9B5.1B
Non Currrent Assets Other62.9M100K641.6M283.1M325.6M341.8M
Other Assets77.5M98.2M115.5M10M9M8.6M
Cash And Short Term Investments138.5M268.7M862.8M523.1M601.6M631.6M
Net Receivables593.8M1.1B1.4B2.6B3.0B3.2B
Common Stock Shares Outstanding68.8M68.0M67.7M68.6M78.9M75.0M
Liabilities And Stockholders Equity7.3B10.0B12.1B16.0B18.4B19.3B
Non Current Liabilities Total615.4M1.3B1.1B2.6B3.0B3.2B
Inventory3.6B5.1B6.0B6.7B7.8B8.1B
Other Current Assets997.2M954.1M985.3M1.8B2.1B2.2B
Other Stockholder Equity381.5M348.6M348.6M380M437M373.6M
Total Liab4.5B6.0B6.0B7.5B8.6B9.1B
Total Current Assets5.3B7.5B8.6B11.8B13.5B14.2B
Accumulated Other Comprehensive Income100.8M124.2M139.2M469.6M540.0M567.0M
Accounts Payable1.4B326.9M892.2M675M776.3M468.8M
Short Term Debt2.3B3.6B3.3B3.5B4.0B2.0B
Short Term Investments25.3M34.5M559.1M165M189.8M199.2M
Intangible Assets3.9M2.7M1.3M1.4M1.3M1.2M
Current Deferred Revenue194.2M972M1.3B44.7M51.4M48.8M
Retained Earnings2.1B3.3B5.3B7.4B8.5B8.9B
Other Liab53.7M68.8M70.6M154.7M177.9M186.8M
Net Tangible Assets2.0B2.2B2.7B3.9B4.4B4.7B
Long Term Debt512.4M1.1B903.9M2.5B2.9B3.0B
Short Long Term Debt1.8B2.8B2.5B3.0B3.4B1.9B
Property Plant Equipment2.0B1.9B2.3B3.2B3.7B3.8B
Long Term Debt Total474.4M544.8M1.1B929.2M1.1B1.1B
Net Invested Capital5.0B7.7B9.3B13.8B15.9B16.7B

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Other Information on Investing in Gravita Stock

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