Gujarat Long Term Debt Total vs Property Plant And Equipment Net Analysis

GUJRAFFIA   44.13  1.76  3.84%   
Gujarat Raffia financial indicator trend analysis is much more than just examining Gujarat Raffia Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gujarat Raffia Industries is a good investment. Please check the relationship between Gujarat Raffia Long Term Debt Total and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gujarat Raffia Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Debt Total vs Property Plant And Equipment Net

Long Term Debt Total vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Raffia Industries Long Term Debt Total account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gujarat Raffia's Long Term Debt Total and Property Plant And Equipment Net is 0.23. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Gujarat Raffia Industries, assuming nothing else is changed. The correlation between historical values of Gujarat Raffia's Long Term Debt Total and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Gujarat Raffia Industries are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Debt Total i.e., Gujarat Raffia's Long Term Debt Total and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt Total

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Gujarat Raffia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gujarat Raffia 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 Gujarat Raffia Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current Selling General Administrative is estimated to decrease to about 17.2 M. The current Tax Provision is estimated to decrease to about 1.6 M
 2021 2022 2023 2024 (projected)
Gross Profit32.1M28.0M20.5M19.5M
Total Revenue379.8M392.4M309.1M405.7M

Gujarat Raffia fundamental ratios Correlations

0.710.490.85-0.140.720.570.00.30.350.720.040.54-0.340.220.53-0.030.810.80.92-0.410.430.150.120.3-0.4
0.710.310.53-0.670.570.93-0.590.21-0.050.58-0.370.18-0.70.80.840.10.910.510.69-0.680.430.780.770.83-0.8
0.490.310.7-0.390.340.37-0.230.12-0.10.34-0.240.56-0.460.030.29-0.190.560.40.49-0.410.110.070.010.16-0.43
0.850.530.7-0.260.390.44-0.130.540.30.390.00.74-0.46-0.010.47-0.190.790.870.88-0.580.620.06-0.030.17-0.46
-0.14-0.67-0.39-0.26-0.08-0.780.97-0.260.47-0.090.69-0.080.83-0.78-0.740.11-0.68-0.12-0.160.82-0.36-0.89-0.83-0.780.94
0.720.570.340.39-0.080.540.02-0.250.041.0-0.130.14-0.270.410.23-0.210.560.150.47-0.160.070.210.230.32-0.24
0.570.930.370.44-0.780.54-0.690.1-0.380.54-0.640.26-0.80.850.81-0.040.870.340.52-0.720.350.840.820.82-0.88
0.0-0.59-0.23-0.130.970.02-0.69-0.280.470.010.660.030.74-0.76-0.670.11-0.57-0.01-0.040.78-0.37-0.9-0.85-0.750.88
0.30.210.120.54-0.26-0.250.1-0.280.26-0.250.020.41-0.2-0.050.430.050.410.640.37-0.380.60.140.040.09-0.34
0.35-0.05-0.10.30.470.04-0.380.470.260.030.86-0.110.36-0.41-0.110.25-0.010.470.420.190.2-0.45-0.42-0.230.37
0.720.580.340.39-0.091.00.540.01-0.250.03-0.130.13-0.280.420.24-0.210.560.150.47-0.170.070.220.240.32-0.24
0.04-0.37-0.240.00.69-0.13-0.640.660.020.86-0.13-0.210.64-0.6-0.520.16-0.370.170.130.49-0.05-0.65-0.61-0.530.7
0.540.180.560.74-0.080.140.260.030.41-0.110.13-0.21-0.18-0.230.19-0.370.440.660.58-0.330.36-0.15-0.26-0.22-0.26
-0.34-0.7-0.46-0.460.83-0.27-0.80.74-0.20.36-0.280.64-0.18-0.65-0.710.13-0.78-0.24-0.340.82-0.51-0.76-0.69-0.770.85
0.220.80.03-0.01-0.780.410.85-0.76-0.05-0.410.42-0.6-0.23-0.650.710.090.61-0.050.12-0.550.130.950.970.89-0.78
0.530.840.290.47-0.740.230.81-0.670.43-0.110.24-0.520.19-0.710.710.310.810.550.52-0.710.40.760.740.83-0.89
-0.030.1-0.19-0.190.11-0.21-0.040.110.050.25-0.210.16-0.370.130.090.31-0.090.140.070.34-0.370.070.180.330.08
0.810.910.560.79-0.680.560.87-0.570.41-0.010.56-0.370.44-0.780.610.81-0.090.660.77-0.80.590.640.580.69-0.84
0.80.510.40.87-0.120.150.34-0.010.640.470.150.170.66-0.24-0.050.550.140.660.9-0.430.560.02-0.040.14-0.36
0.920.690.490.88-0.160.470.52-0.040.370.420.470.130.58-0.340.120.520.070.770.9-0.450.510.130.10.29-0.38
-0.41-0.68-0.41-0.580.82-0.16-0.720.78-0.380.19-0.170.49-0.330.82-0.55-0.710.34-0.8-0.43-0.45-0.76-0.66-0.57-0.580.88
0.430.430.110.62-0.360.070.35-0.370.60.20.07-0.050.36-0.510.130.4-0.370.590.560.51-0.760.280.160.23-0.45
0.150.780.070.06-0.890.210.84-0.90.14-0.450.22-0.65-0.15-0.760.950.760.070.640.020.13-0.660.280.990.91-0.85
0.120.770.01-0.03-0.830.230.82-0.850.04-0.420.24-0.61-0.26-0.690.970.740.180.58-0.040.1-0.570.160.990.93-0.8
0.30.830.160.17-0.780.320.82-0.750.09-0.230.32-0.53-0.22-0.770.890.830.330.690.140.29-0.580.230.910.93-0.79
-0.4-0.8-0.43-0.460.94-0.24-0.880.88-0.340.37-0.240.7-0.260.85-0.78-0.890.08-0.84-0.36-0.380.88-0.45-0.85-0.8-0.79
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Gujarat Raffia Account Relationship Matchups

Gujarat Raffia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets256.5M244.6M328.0M357.2M260.4M254.9M
Short Long Term Debt Total13.5M32.3M82.2M125.5M35.2M33.4M
Other Current Liab2.3M4.5M8.9M5.1M12.6M20.2M
Total Current Liabilities78.3M57.2M131.6M128.8M32.3M30.7M
Total Stockholder Equity167.8M179.7M190.9M201.2M206.4M168.0M
Property Plant And Equipment Net90.3M76.4M91.5M121.3M107.5M87.7M
Net Debt(17.9M)23.8M73.2M52.1M24.5M23.3M
Retained Earnings84.1M96.0M107.2M117.4M122.8M94.9M
Accounts Payable31.4M8.9M28.8M12.7M3.0M2.8M
Cash31.4M8.5M9.0M73.4M10.6M10.1M
Non Current Assets Total90.3M76.4M91.5M121.3M107.5M87.8M
Cash And Short Term Investments35.4M46.5M9.9M74.3M30.6M29.6M
Net Receivables54.0M68.2M116.2M47.8M47.4M63.2M
Liabilities And Stockholders Equity256.5M244.6M328.0M357.2M260.4M254.9M
Non Current Liabilities Total10.4M7.7M5.5M27.3M21.7M33.5M
Inventory66.8M44.8M94.3M92.4M63.1M71.8M
Other Current Assets9.9M8.8M16.0M21.4M22.1M16.3M
Total Liab88.7M64.9M137.1M156.0M54.1M51.4M
Total Current Assets166.2M168.3M236.4M235.9M152.9M167.1M
Short Term Debt5.7M27.5M79.2M101.0M16.5M15.7M
Long Term Debt Total7.7M4.7M3.0M24.5M22.0M24.6M
Property Plant Equipment90.3M76.4M91.5M121.3M109.2M86.1M
Other Liab2.7M3.0M2.5M2.8M3.2M2.7M
Net Tangible Assets164.5M167.8M179.7M190.9M219.5M173.0M
Short Term Investments4.1M38.0M867K933K20M10.5M

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Other Information on Investing in Gujarat Stock

Balance Sheet is a snapshot of the financial position of Gujarat Raffia Industries at a specified time, usually calculated after every quarter, six months, or one year. Gujarat Raffia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gujarat Raffia 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.