Gujarat Net Receivables vs Total Stockholder Equity 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 Net Receivables and its Total Stockholder Equity 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.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Raffia Industries Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Gujarat Raffia's Net Receivables and Total Stockholder Equity is -0.08. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity 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 Net Receivables and Total Stockholder Equity 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 Receivables of Gujarat Raffia Industries are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Gujarat Raffia's Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Profit	32.1M	28.0M	20.5M	19.5M
Total Revenue	379.8M	392.4M	309.1M	405.7M

Gross Profit Total Revenue

Gujarat Raffia 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Stockholder Equity	Long Term Debt	Long Term Debt Total	Property Plant Equipment	Other Liab
Total Assets		0.71	0.49	0.85	-0.14	0.72	0.57	0.0	0.3	0.35	0.72	0.04	0.54	-0.34	0.22	0.53	-0.03	0.81	0.8	0.92	-0.41	0.43	0.15	0.12	0.3	-0.4
Short Long Term Debt Total	0.71		0.31	0.53	-0.67	0.57	0.93	-0.59	0.21	-0.05	0.58	-0.37	0.18	-0.7	0.8	0.84	0.1	0.91	0.51	0.69	-0.68	0.43	0.78	0.77	0.83	-0.8
Other Current Liab	0.49	0.31		0.7	-0.39	0.34	0.37	-0.23	0.12	-0.1	0.34	-0.24	0.56	-0.46	0.03	0.29	-0.19	0.56	0.4	0.49	-0.41	0.11	0.07	0.01	0.16	-0.43
Total Current Liabilities	0.85	0.53	0.7		-0.26	0.39	0.44	-0.13	0.54	0.3	0.39	0.0	0.74	-0.46	-0.01	0.47	-0.19	0.79	0.87	0.88	-0.58	0.62	0.06	-0.03	0.17	-0.46
Total Stockholder Equity	-0.14	-0.67	-0.39	-0.26		-0.08	-0.78	0.97	-0.26	0.47	-0.09	0.69	-0.08	0.83	-0.78	-0.74	0.11	-0.68	-0.12	-0.16	0.82	-0.36	-0.89	-0.83	-0.78	0.94
Property Plant And Equipment Net	0.72	0.57	0.34	0.39	-0.08		0.54	0.02	-0.25	0.04	1.0	-0.13	0.14	-0.27	0.41	0.23	-0.21	0.56	0.15	0.47	-0.16	0.07	0.21	0.23	0.32	-0.24
Net Debt	0.57	0.93	0.37	0.44	-0.78	0.54		-0.69	0.1	-0.38	0.54	-0.64	0.26	-0.8	0.85	0.81	-0.04	0.87	0.34	0.52	-0.72	0.35	0.84	0.82	0.82	-0.88
Retained Earnings	0.0	-0.59	-0.23	-0.13	0.97	0.02	-0.69		-0.28	0.47	0.01	0.66	0.03	0.74	-0.76	-0.67	0.11	-0.57	-0.01	-0.04	0.78	-0.37	-0.9	-0.85	-0.75	0.88
Accounts Payable	0.3	0.21	0.12	0.54	-0.26	-0.25	0.1	-0.28		0.26	-0.25	0.02	0.41	-0.2	-0.05	0.43	0.05	0.41	0.64	0.37	-0.38	0.6	0.14	0.04	0.09	-0.34
Cash	0.35	-0.05	-0.1	0.3	0.47	0.04	-0.38	0.47	0.26		0.03	0.86	-0.11	0.36	-0.41	-0.11	0.25	-0.01	0.47	0.42	0.19	0.2	-0.45	-0.42	-0.23	0.37
Non Current Assets Total	0.72	0.58	0.34	0.39	-0.09	1.0	0.54	0.01	-0.25	0.03		-0.13	0.13	-0.28	0.42	0.24	-0.21	0.56	0.15	0.47	-0.17	0.07	0.22	0.24	0.32	-0.24
Cash And Short Term Investments	0.04	-0.37	-0.24	0.0	0.69	-0.13	-0.64	0.66	0.02	0.86	-0.13		-0.21	0.64	-0.6	-0.52	0.16	-0.37	0.17	0.13	0.49	-0.05	-0.65	-0.61	-0.53	0.7
Net Receivables	0.54	0.18	0.56	0.74	-0.08	0.14	0.26	0.03	0.41	-0.11	0.13	-0.21		-0.18	-0.23	0.19	-0.37	0.44	0.66	0.58	-0.33	0.36	-0.15	-0.26	-0.22	-0.26
Common Stock Shares Outstanding	-0.34	-0.7	-0.46	-0.46	0.83	-0.27	-0.8	0.74	-0.2	0.36	-0.28	0.64	-0.18		-0.65	-0.71	0.13	-0.78	-0.24	-0.34	0.82	-0.51	-0.76	-0.69	-0.77	0.85
Non Current Liabilities Total	0.22	0.8	0.03	-0.01	-0.78	0.41	0.85	-0.76	-0.05	-0.41	0.42	-0.6	-0.23	-0.65		0.71	0.09	0.61	-0.05	0.12	-0.55	0.13	0.95	0.97	0.89	-0.78
Inventory	0.53	0.84	0.29	0.47	-0.74	0.23	0.81	-0.67	0.43	-0.11	0.24	-0.52	0.19	-0.71	0.71		0.31	0.81	0.55	0.52	-0.71	0.4	0.76	0.74	0.83	-0.89
Other Current Assets	-0.03	0.1	-0.19	-0.19	0.11	-0.21	-0.04	0.11	0.05	0.25	-0.21	0.16	-0.37	0.13	0.09	0.31		-0.09	0.14	0.07	0.34	-0.37	0.07	0.18	0.33	0.08
Total Liab	0.81	0.91	0.56	0.79	-0.68	0.56	0.87	-0.57	0.41	-0.01	0.56	-0.37	0.44	-0.78	0.61	0.81	-0.09		0.66	0.77	-0.8	0.59	0.64	0.58	0.69	-0.84
Total Current Assets	0.8	0.51	0.4	0.87	-0.12	0.15	0.34	-0.01	0.64	0.47	0.15	0.17	0.66	-0.24	-0.05	0.55	0.14	0.66		0.9	-0.43	0.56	0.02	-0.04	0.14	-0.36
Short Term Debt	0.92	0.69	0.49	0.88	-0.16	0.47	0.52	-0.04	0.37	0.42	0.47	0.13	0.58	-0.34	0.12	0.52	0.07	0.77	0.9		-0.45	0.51	0.13	0.1	0.29	-0.38
Common Stock	-0.41	-0.68	-0.41	-0.58	0.82	-0.16	-0.72	0.78	-0.38	0.19	-0.17	0.49	-0.33	0.82	-0.55	-0.71	0.34	-0.8	-0.43	-0.45		-0.76	-0.66	-0.57	-0.58	0.88
Other Stockholder Equity	0.43	0.43	0.11	0.62	-0.36	0.07	0.35	-0.37	0.6	0.2	0.07	-0.05	0.36	-0.51	0.13	0.4	-0.37	0.59	0.56	0.51	-0.76		0.28	0.16	0.23	-0.45
Long Term Debt	0.15	0.78	0.07	0.06	-0.89	0.21	0.84	-0.9	0.14	-0.45	0.22	-0.65	-0.15	-0.76	0.95	0.76	0.07	0.64	0.02	0.13	-0.66	0.28		0.99	0.91	-0.85
Long Term Debt Total	0.12	0.77	0.01	-0.03	-0.83	0.23	0.82	-0.85	0.04	-0.42	0.24	-0.61	-0.26	-0.69	0.97	0.74	0.18	0.58	-0.04	0.1	-0.57	0.16	0.99		0.93	-0.8
Property Plant Equipment	0.3	0.83	0.16	0.17	-0.78	0.32	0.82	-0.75	0.09	-0.23	0.32	-0.53	-0.22	-0.77	0.89	0.83	0.33	0.69	0.14	0.29	-0.58	0.23	0.91	0.93		-0.79
Other Liab	-0.4	-0.8	-0.43	-0.46	0.94	-0.24	-0.88	0.88	-0.34	0.37	-0.24	0.7	-0.26	0.85	-0.78	-0.89	0.08	-0.84	-0.36	-0.38	0.88	-0.45	-0.85	-0.8	-0.79

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Gujarat Raffia Account Relationship Matchups

Gujarat Raffia fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	256.5M	244.6M	328.0M	357.2M	260.4M	254.9M
Short Long Term Debt Total	13.5M	32.3M	82.2M	125.5M	35.2M	33.4M
Other Current Liab	2.3M	4.5M	8.9M	5.1M	12.6M	20.2M
Total Current Liabilities	78.3M	57.2M	131.6M	128.8M	32.3M	30.7M
Total Stockholder Equity	167.8M	179.7M	190.9M	201.2M	206.4M	168.0M
Property Plant And Equipment Net	90.3M	76.4M	91.5M	121.3M	107.5M	87.7M
Net Debt	(17.9M)	23.8M	73.2M	52.1M	24.5M	23.3M
Retained Earnings	84.1M	96.0M	107.2M	117.4M	122.8M	94.9M
Accounts Payable	31.4M	8.9M	28.8M	12.7M	3.0M	2.8M
Cash	31.4M	8.5M	9.0M	73.4M	10.6M	10.1M
Non Current Assets Total	90.3M	76.4M	91.5M	121.3M	107.5M	87.8M
Cash And Short Term Investments	35.4M	46.5M	9.9M	74.3M	30.6M	29.6M
Net Receivables	54.0M	68.2M	116.2M	47.8M	47.4M	63.2M
Liabilities And Stockholders Equity	256.5M	244.6M	328.0M	357.2M	260.4M	254.9M
Non Current Liabilities Total	10.4M	7.7M	5.5M	27.3M	21.7M	33.5M
Inventory	66.8M	44.8M	94.3M	92.4M	63.1M	71.8M
Other Current Assets	9.9M	8.8M	16.0M	21.4M	22.1M	16.3M
Total Liab	88.7M	64.9M	137.1M	156.0M	54.1M	51.4M
Total Current Assets	166.2M	168.3M	236.4M	235.9M	152.9M	167.1M
Short Term Debt	5.7M	27.5M	79.2M	101.0M	16.5M	15.7M
Long Term Debt Total	7.7M	4.7M	3.0M	24.5M	22.0M	24.6M
Property Plant Equipment	90.3M	76.4M	91.5M	121.3M	109.2M	86.1M
Other Liab	2.7M	3.0M	2.5M	2.8M	3.2M	2.7M
Net Tangible Assets	164.5M	167.8M	179.7M	190.9M	219.5M	173.0M
Short Term Investments	4.1M	38.0M	867K	933K	20M	10.5M

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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.

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Gujarat Net Receivables vs Total Stockholder Equity Analysis

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Receivables

Total Stockholder Equity

Gujarat Raffia fundamental ratios Correlations

Gujarat Raffia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gujarat Raffia fundamental ratios Accounts

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Other Information on Investing in Gujarat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Long Term Debt Total	+ 0.99	Long Term Debt
Retained Earnings	+ 0.97	Total Stockholder Equity
Long Term Debt Total	+ 0.97	Non Current Liabilities Total
Long Term Debt	+ 0.95	Non Current Liabilities Total
Other Liab	+ 0.94	Total Stockholder Equity

Long Term Debt	- 0.9	Retained Earnings
Other Liab	- 0.89	Inventory
Long Term Debt	- 0.89	Total Stockholder Equity
Other Liab	- 0.88	Net Debt
Other Liab	- 0.85	Long Term Debt
Long Term Debt Total	- 0.85	Retained Earnings