Gujarat Other Liab vs Other Current Assets 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 Liab and its Other Current Assets 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 Liab vs Other Current Assets

Other Liab vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Alkalies Other Liab account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Gujarat Alkalies' Other Liab and Other Current Assets is -0.55. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Current Assets 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 Liab and Other Current 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 Other Liab of Gujarat Alkalies and are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Other Liab i.e., Gujarat Alkalies' Other Liab and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Liab

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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
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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

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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.