Gujarat Other Current Liab vs Accounts Payable Analysis

GUJALKALI   766.95  0.95  0.12%   
Gujarat Alkalies financial indicator trend analysis is much more than just examining Gujarat Alkalies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gujarat Alkalies is a good investment. Please check the relationship between Gujarat Alkalies Other Current Liab and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gujarat Alkalies and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Alkalies Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gujarat Alkalies' Other Current Liab and Accounts Payable is 0.21. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Gujarat Alkalies and, assuming nothing else is changed. The correlation between historical values of Gujarat Alkalies' Other Current Liab and Accounts Payable 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 Gujarat Alkalies and are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Gujarat Alkalies' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Gujarat Alkalies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gujarat Alkalies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Gujarat Alkalies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gujarat Alkalies 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 Gujarat Alkalies and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 2.8 B, whereas Tax Provision is projected to grow to (604.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit22.8B30.1B1.9B1.8B
Total Revenue36.9B45.2B37.0B24.5B

Gujarat Alkalies fundamental ratios Correlations

0.720.420.811.00.990.160.90.920.630.99-0.150.54-0.17-0.090.930.89-0.37-0.160.920.570.02-0.380.040.320.93
0.720.810.710.670.780.530.760.540.570.770.380.65-0.220.290.910.69-0.530.210.880.01-0.060.01-0.470.390.78
0.420.810.420.360.480.450.560.210.450.470.280.63-0.110.480.690.31-0.620.070.62-0.21-0.080.34-0.510.120.52
0.810.710.420.760.850.120.860.670.690.810.050.52-0.23-0.240.840.86-0.440.040.930.41-0.07-0.05-0.320.430.84
1.00.670.360.760.970.130.870.930.60.98-0.20.5-0.15-0.10.890.88-0.32-0.20.880.610.03-0.430.120.290.9
0.990.780.480.850.970.20.910.890.650.99-0.070.55-0.2-0.10.960.92-0.46-0.090.950.470.01-0.33-0.090.380.96
0.160.530.450.120.130.20.310.03-0.340.220.29-0.16-0.560.30.320.16-0.41-0.030.26-0.33-0.42-0.12-0.240.50.3
0.90.760.560.860.870.910.310.820.550.89-0.160.53-0.20.050.910.87-0.49-0.190.920.5-0.06-0.23-0.050.370.89
0.920.540.210.670.930.890.030.820.570.89-0.240.49-0.12-0.060.780.89-0.23-0.140.770.660.02-0.610.210.310.81
0.630.570.450.690.60.65-0.340.550.570.630.150.90.05-0.030.690.61-0.230.230.720.370.040.03-0.360.120.58
0.990.770.470.810.980.990.220.890.890.63-0.080.54-0.19-0.070.950.89-0.43-0.110.940.480.02-0.35-0.040.340.95
-0.150.380.280.05-0.2-0.070.29-0.16-0.240.15-0.080.17-0.180.070.080.01-0.110.830.07-0.64-0.130.2-0.790.22-0.05
0.540.650.630.520.50.55-0.160.530.490.90.540.170.060.410.660.5-0.240.160.640.260.030.1-0.350.120.52
-0.17-0.22-0.11-0.23-0.15-0.2-0.56-0.2-0.120.05-0.19-0.180.060.13-0.19-0.220.320.2-0.210.050.890.470.35-0.88-0.34
-0.090.290.48-0.24-0.1-0.10.30.05-0.06-0.03-0.070.070.410.130.06-0.13-0.04-0.09-0.04-0.180.10.19-0.02-0.04-0.03
0.930.910.690.840.890.960.320.910.780.690.950.080.66-0.190.060.85-0.540.010.980.32-0.03-0.15-0.250.360.93
0.890.690.310.860.880.920.160.870.890.610.890.010.5-0.22-0.130.85-0.320.070.890.490.0-0.41-0.10.470.89
-0.37-0.53-0.62-0.44-0.32-0.46-0.41-0.49-0.23-0.23-0.43-0.11-0.240.32-0.04-0.54-0.320.07-0.520.260.24-0.10.48-0.39-0.55
-0.160.210.070.04-0.2-0.09-0.03-0.19-0.140.23-0.110.830.160.2-0.090.010.070.070.02-0.420.140.24-0.53-0.12-0.18
0.920.880.620.930.880.950.260.920.770.720.940.070.64-0.21-0.040.980.89-0.520.020.36-0.04-0.12-0.280.40.93
0.570.01-0.210.410.610.47-0.330.50.660.370.48-0.640.260.05-0.180.320.490.26-0.420.36-0.03-0.40.63-0.020.34
0.02-0.06-0.08-0.070.030.01-0.42-0.060.020.040.02-0.130.030.890.1-0.030.00.240.14-0.04-0.030.340.26-0.66-0.07
-0.380.010.34-0.05-0.43-0.33-0.12-0.23-0.610.03-0.350.20.10.470.19-0.15-0.41-0.10.24-0.12-0.40.34-0.34-0.51-0.33
0.04-0.47-0.51-0.320.12-0.09-0.24-0.050.21-0.36-0.04-0.79-0.350.35-0.02-0.25-0.10.48-0.53-0.280.630.26-0.34-0.42-0.2
0.320.390.120.430.290.380.50.370.310.120.340.220.12-0.88-0.040.360.47-0.39-0.120.4-0.02-0.66-0.51-0.420.55
0.930.780.520.840.90.960.30.890.810.580.95-0.050.52-0.34-0.030.930.89-0.55-0.180.930.34-0.07-0.33-0.20.55
Click cells to compare fundamentals

Gujarat Alkalies Account Relationship Matchups

Gujarat Alkalies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets58.9B71.5B79.8B83.3B80.2B48.2B
Short Long Term Debt Total2.0B5.0B5.9B6.0B5.4B3.9B
Other Current Liab90.4M2.3B2.9B1.7B1.2B1.2B
Total Current Liabilities5.3B6.1B7.4B8.4B7.4B5.8B
Total Stockholder Equity46.0B53.7B59.0B61.4B60.8B33.9B
Property Plant And Equipment Net31.5B38.7B45.8B47.9B47.1B27.0B
Net Debt1.6B1.4B3.0B1.4B3.9B4.1B
Retained Earnings14.6B14.8B19.7B22.4B18.2B13.3B
Accounts Payable3.2B2.8B3.5B4.9B3.7B2.3B
Cash423.9M3.6B3.0B4.6B1.5B1.5B
Non Current Assets Total45.2B60.7B68.8B69.2B71.1B37.3B
Non Currrent Assets Other(43.0B)2.0B1.1B1.1B3.2B3.4B
Cash And Short Term Investments430.1M4.1B3.2B5.5B1.8B2.0B
Short Term Investments6.2M514.3M227.3M932.9M245.2M233.0M
Liabilities And Stockholders Equity58.9B71.5B79.8B83.3B80.2B48.2B
Non Current Liabilities Total7.7B11.7B13.4B13.6B12.0B8.5B
Inventory2.4B2.3B3.5B4.6B4.1B2.4B
Other Current Assets(20K)1.7B1.2B1.8B1.5B1.5B
Other Stockholder Equity(35.0B)(37.5B)2.3B38.6B38.3B2.2B
Total Liab13.0B17.8B20.8B22.0B19.5B14.3B
Total Current Assets13.7B10.9B10.9B14.1B9.1B10.9B
Accumulated Other Comprehensive Income(6.5B)35.9B36.2B35.9B39.4B41.4B
Current Deferred Revenue1.3B2.6B3.0B1.4B367.7M349.3M
Net Receivables10.9B2.9B3.0B2.8B1.8B1.7B
Short Term Debt677.7M636.8M444.4M1.4B2.0B2.1B
Other Liab6.3B7.3B7.9B9.0B10.3B6.1B
Net Tangible Assets45.9B53.7B58.9B61.4B70.6B44.5B
Other Assets2.2B3.3B3.1B150.9M1.1B1.8B
Long Term Debt1.4B4.3B5.5B4.6B3.4B3.1B
Short Long Term Debt677.1M2.5M443.8M1.4B2.0B2.1B
Property Plant Equipment30.5B36.9B44.8B47.9B55.1B31.3B
Intangible Assets58.0M53.3M44.5M34.1M23.7M22.5M
Long Term Debt Total1.4B4.3B5.5B4.6B5.3B3.6B
Capital Lease Obligations626K7.4M7.3M7.2M7.1M4.1M
Net Invested Capital48.0B58.1B64.9B67.4B66.2B61.5B
Net Working Capital8.4B4.8B3.6B5.7B1.7B1.6B

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.

Other Information on Investing in Gujarat Stock

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