Garware Net Debt vs Non Current Liabilities Total Analysis

GRWRHITECH

4,937 3.05 0.06%

Garware Hi financial indicator trend analysis is much more than just examining Garware Hi Tech latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Garware Hi Tech is a good investment. Please check the relationship between Garware Hi Net Debt and its Non Current Liabilities Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garware Hi Tech Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Garware Hi Tech Net Debt account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Garware Hi's Net Debt and Non Current Liabilities Total is 0.71. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Garware Hi Tech Films, assuming nothing else is changed. The correlation between historical values of Garware Hi's Net Debt and Non Current Liabilities 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 Net Debt of Garware Hi Tech Films are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Net Debt i.e., Garware Hi's Net Debt and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Non Current Liabilities Total

Most indicators from Garware Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Garware Hi Tech 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 Garware Hi Tech Films. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Selling General Administrative is likely to drop to about 786.2 M in 2024. Tax Provision is likely to drop to about 615.5 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	133.8M	169.9M	117.8M	184.0M
Depreciation And Amortization	281.9M	324.1M	390.2M	217.4M

Interest Expense Depreciation And Amortization

Garware Hi fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Intangible Assets	Current Deferred Revenue	Retained Earnings	Accounts Payable	Short Term Debt	Short Term Investments
Total Assets		-0.56	-0.3	-0.26	0.88	0.97	-0.55	0.2	0.97	0.2	0.78	-0.84	0.46	-0.25	0.53	0.8	0.23	-0.57	0.67	-0.47	-0.48	0.3	0.91	0.75	-0.77	0.85
Short Long Term Debt Total	-0.56		-0.26	0.15	-0.74	-0.55	0.98	-0.2	-0.57	0.12	-0.62	0.78	-0.68	0.64	-0.54	-0.32	-0.57	0.89	-0.54	-0.03	0.19	0.01	-0.55	-0.66	0.69	-0.48
Other Current Liab	-0.3	-0.26		0.07	-0.27	-0.38	-0.25	0.08	-0.37	-0.03	-0.09	0.04	0.0	-0.03	0.03	-0.19	0.33	0.04	-0.07	0.56	0.73	-0.36	-0.09	-0.18	0.22	-0.02
Total Current Liabilities	-0.26	0.15	0.07		-0.28	-0.37	0.01	0.65	-0.35	0.09	-0.06	0.16	0.11	-0.59	0.15	-0.53	-0.23	0.32	-0.03	0.33	-0.37	-0.09	-0.21	-0.26	0.69	-0.17
Total Stockholder Equity	0.88	-0.74	-0.27	-0.28		0.87	-0.74	0.15	0.87	0.01	0.89	-0.81	0.64	-0.37	0.71	0.72	0.49	-0.69	0.82	-0.39	-0.49	0.13	0.83	0.92	-0.87	0.79
Property Plant And Equipment Net	0.97	-0.55	-0.38	-0.37	0.87		-0.51	0.04	1.0	0.22	0.67	-0.85	0.35	-0.22	0.38	0.75	0.14	-0.64	0.55	-0.52	-0.5	0.42	0.8	0.69	-0.83	0.74
Net Debt	-0.55	0.98	-0.25	0.01	-0.74	-0.51		-0.37	-0.53	0.11	-0.67	0.76	-0.75	0.71	-0.63	-0.3	-0.59	0.83	-0.61	-0.1	0.26	0.08	-0.57	-0.69	0.62	-0.5
Cash	0.2	-0.2	0.08	0.65	0.15	0.04	-0.37		0.06	0.09	0.37	-0.21	0.48	-0.56	0.46	0.02	0.1	0.0	0.39	0.4	-0.39	-0.23	0.33	0.22	0.19	0.25
Non Current Assets Total	0.97	-0.57	-0.37	-0.35	0.87	1.0	-0.53	0.06		0.22	0.67	-0.86	0.36	-0.25	0.39	0.74	0.14	-0.66	0.54	-0.51	-0.51	0.42	0.8	0.69	-0.83	0.73
Non Currrent Assets Other	0.2	0.12	-0.03	0.09	0.01	0.22	0.11	0.09	0.22		-0.02	-0.17	-0.35	0.04	-0.12	-0.02	-0.24	0.11	-0.09	0.08	-0.13	0.29	0.03	-0.14	0.0	0.13
Cash And Short Term Investments	0.78	-0.62	-0.09	-0.06	0.89	0.67	-0.67	0.37	0.67	-0.02		-0.66	0.69	-0.33	0.88	0.68	0.55	-0.42	0.97	-0.22	-0.37	-0.1	0.89	0.91	-0.63	0.9
Net Receivables	-0.84	0.78	0.04	0.16	-0.81	-0.85	0.76	-0.21	-0.86	-0.17	-0.66		-0.43	0.5	-0.45	-0.59	-0.23	0.75	-0.52	0.3	0.43	-0.42	-0.71	-0.59	0.74	-0.67
Common Stock Shares Outstanding	0.46	-0.68	0.0	0.11	0.64	0.35	-0.75	0.48	0.36	-0.35	0.69	-0.43		-0.56	0.83	0.35	0.76	-0.51	0.75	-0.03	-0.36	-0.38	0.62	0.75	-0.44	0.49
Non Current Liabilities Total	-0.25	0.64	-0.03	-0.59	-0.37	-0.22	0.71	-0.56	-0.25	0.04	-0.33	0.5	-0.56		-0.37	0.24	-0.13	0.57	-0.26	-0.22	0.61	-0.06	-0.18	-0.25	0.08	-0.14
Inventory	0.53	-0.54	0.03	0.15	0.71	0.38	-0.63	0.46	0.39	-0.12	0.88	-0.45	0.83	-0.37		0.52	0.73	-0.23	0.95	-0.12	-0.28	-0.32	0.72	0.83	-0.4	0.69
Other Current Assets	0.8	-0.32	-0.19	-0.53	0.72	0.75	-0.3	0.02	0.74	-0.02	0.68	-0.59	0.35	0.24	0.52		0.38	-0.26	0.67	-0.54	-0.08	0.13	0.83	0.72	-0.73	0.76
Other Stockholder Equity	0.23	-0.57	0.33	-0.23	0.49	0.14	-0.59	0.1	0.14	-0.24	0.55	-0.23	0.76	-0.13	0.73	0.38		-0.35	0.65	0.11	0.15	-0.55	0.45	0.64	-0.47	0.42
Total Liab	-0.57	0.89	0.04	0.32	-0.69	-0.64	0.83	0.0	-0.66	0.11	-0.42	0.75	-0.51	0.57	-0.23	-0.26	-0.35		-0.29	0.08	0.34	-0.19	-0.42	-0.52	0.77	-0.33
Total Current Assets	0.67	-0.54	-0.07	-0.03	0.82	0.55	-0.61	0.39	0.54	-0.09	0.97	-0.52	0.75	-0.26	0.95	0.67	0.65	-0.29		-0.21	-0.3	-0.24	0.84	0.91	-0.55	0.84
Common Stock	-0.47	-0.03	0.56	0.33	-0.39	-0.52	-0.1	0.4	-0.51	0.08	-0.22	0.3	-0.03	-0.22	-0.12	-0.54	0.11	0.08	-0.21		0.26	-0.48	-0.36	-0.32	0.39	-0.3
Intangible Assets	-0.48	0.19	0.73	-0.37	-0.49	-0.5	0.26	-0.39	-0.51	-0.13	-0.37	0.43	-0.36	0.61	-0.28	-0.08	0.15	0.34	-0.3	0.26		-0.33	-0.28	-0.33	0.22	-0.24
Current Deferred Revenue	0.3	0.01	-0.36	-0.09	0.13	0.42	0.08	-0.23	0.42	0.29	-0.1	-0.42	-0.38	-0.06	-0.32	0.13	-0.55	-0.19	-0.24	-0.48	-0.33		0.01	-0.21	-0.18	0.02
Retained Earnings	0.91	-0.55	-0.09	-0.21	0.83	0.8	-0.57	0.33	0.8	0.03	0.89	-0.71	0.62	-0.18	0.72	0.83	0.45	-0.42	0.84	-0.36	-0.28	0.01		0.81	-0.66	0.95
Accounts Payable	0.75	-0.66	-0.18	-0.26	0.92	0.69	-0.69	0.22	0.69	-0.14	0.91	-0.59	0.75	-0.25	0.83	0.72	0.64	-0.52	0.91	-0.32	-0.33	-0.21	0.81		-0.76	0.74
Short Term Debt	-0.77	0.69	0.22	0.69	-0.87	-0.83	0.62	0.19	-0.83	0.0	-0.63	0.74	-0.44	0.08	-0.4	-0.73	-0.47	0.77	-0.55	0.39	0.22	-0.18	-0.66	-0.76		-0.59
Short Term Investments	0.85	-0.48	-0.02	-0.17	0.79	0.74	-0.5	0.25	0.73	0.13	0.9	-0.67	0.49	-0.14	0.69	0.76	0.42	-0.33	0.84	-0.3	-0.24	0.02	0.95	0.74	-0.59

Click cells to compare fundamentals

Garware Hi Account Relationship Matchups

Garware Hi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.8B	18.7B	21.3B	22.1B	23.2B	14.0B
Short Long Term Debt Total	1.6B	1.5B	2.0B	1.6B	199.2M	189.2M
Other Current Liab	27.5M	324.7M	376.7M	586.1M	542.6M	412.4M
Total Current Liabilities	1.4B	1.8B	2.6B	2.4B	2.2B	2.2B
Total Stockholder Equity	14.0B	15.6B	17.1B	18.6B	20.4B	21.5B
Property Plant And Equipment Net	13.1B	13.6B	14.6B	14.8B	14.6B	9.4B
Net Debt	1.4B	902.0M	1.0B	972M	(883.9M)	(839.7M)
Cash	248.4M	625.3M	993.1M	599.9M	1.1B	601.6M
Non Current Assets Total	13.7B	14.3B	15.4B	15.6B	15.5B	10.2B
Non Currrent Assets Other	1.0B	232.2M	2.1B	854.7M	56.1M	53.3M
Cash And Short Term Investments	1.1B	2.2B	3.0B	3.9B	3.8B	4.0B
Net Receivables	543.0M	420.2M	332.6M	299.5M	380.7M	629.2M
Liabilities And Stockholders Equity	16.8B	18.7B	21.3B	22.1B	23.2B	14.0B
Non Current Liabilities Total	1.3B	1.2B	1.6B	1.2B	570.0M	541.5M
Inventory	1.0B	1.2B	2.1B	2.0B	2.9B	3.0B
Other Current Assets	199.4M	479.5M	549.6M	461.5M	624.0M	318.5M
Total Liab	2.8B	3.0B	4.2B	3.6B	2.8B	3.0B
Total Current Assets	3.0B	4.4B	6.0B	6.5B	7.7B	8.1B
Intangible Assets	22.5M	22.1M	17.6M	13.2M	10.2M	9.7M
Current Deferred Revenue	405.6M	503.5M	406.4M	316.7M	14.8M	14.1M
Retained Earnings	4.6B	5.8B	7.2B	8.7B	10.4B	5.4B
Accounts Payable	660.5M	864.9M	1.1B	1.0B	1.6B	1.7B
Accumulated Other Comprehensive Income	9.2B	9.5B	9.6B	9.6B	20.2B	21.2B
Short Term Debt	315.8M	409.2M	716.8M	724.4M	61.8M	58.7M
Short Term Investments	877.1M	1.6B	2.0B	3.3B	2.8B	1.5B
Long Term Debt	1.2B	966.1M	1.2B	753.6M	678.2M	823.4M
Capital Lease Obligations	199.5M	208.0M	194.2M	164M	199.1M	185.1M
Net Invested Capital	15.5B	17.0B	18.9B	20.0B	20.4B	19.6B
Short Long Term Debt	269.2M	353.1M	654.3M	654.3M	752.4M	508.2M
Net Working Capital	1.6B	2.5B	3.4B	4.1B	5.5B	3.4B

Also Currently Popular

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Garware Stock Analysis

When running Garware Hi's price analysis, check to measure Garware Hi's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garware Hi is operating at the current time. Most of Garware Hi's value examination focuses on studying past and present price action to predict the probability of Garware Hi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garware Hi's price. Additionally, you may evaluate how the addition of Garware Hi to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Garware Net Debt vs Non Current Liabilities Total Analysis

Net Debt vs Non Current Liabilities Total

Net Debt vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Net Debt

Non Current Liabilities Total

Garware Hi fundamental ratios Correlations

Garware Hi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Garware Hi fundamental ratios Accounts

Also Currently Popular

Additional Tools for Garware Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Net Debt	+ 0.98	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Cash And Short Term Investments
Total Current Assets	+ 0.95	Inventory

Short Term Debt	- 0.87	Total Stockholder Equity
Net Receivables	- 0.86	Non Current Assets Total
Net Receivables	- 0.85	Property Plant And Equipment Net
Net Receivables	- 0.84	Total Assets
Short Term Debt	- 0.83	Non Current Assets Total
Short Term Debt	- 0.83	Property Plant And Equipment Net