Gujarat Total Current Liabilities vs Net Debt Analysis

GUJRAFFIA

47.92 1.37 2.94%

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 Total Current Liabilities and its Net Debt 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.

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gujarat Raffia Industries Total Current Liabilities account and Net Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Gujarat Raffia's Total Current Liabilities and Net Debt is 0.49. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Gujarat Raffia Industries are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., Gujarat Raffia's Total Current Liabilities and Net Debt go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Liabilities

Total Current Liabilities is an item on Gujarat Raffia balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gujarat Raffia Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

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.

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

	2022	2023	2024	2025 (projected)
Gross Profit	28.0M	20.5M	18.4M	17.5M
Total Revenue	392.4M	309.1M	355.5M	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 Total	Property Plant Equipment	Other Liab	Net Tangible Assets
Total Assets		0.74	0.51	0.87	-0.31	0.69	0.61	-0.2	0.4	0.31	0.69	-0.01	0.61	-0.5	0.27	0.6	-0.22	0.83	0.83	0.93	-0.5	0.54	0.17	0.27	-0.48	-0.39
Short Long Term Debt Total	0.74		0.34	0.59	-0.7	0.56	0.94	-0.64	0.3	-0.08	0.57	-0.38	0.27	-0.69	0.8	0.85	-0.07	0.92	0.57	0.72	-0.69	0.51	0.77	0.78	-0.82	-0.72
Other Current Liab	0.51	0.34		0.7	-0.41	0.35	0.4	-0.28	0.17	-0.09	0.35	-0.26	0.57	-0.43	0.06	0.33	-0.24	0.57	0.43	0.51	-0.43	0.18	0.04	0.15	-0.45	-0.49
Total Current Liabilities	0.87	0.59	0.7		-0.41	0.38	0.49	-0.3	0.61	0.25	0.38	-0.05	0.77	-0.58	0.06	0.55	-0.35	0.82	0.89	0.89	-0.58	0.69	0.03	0.15	-0.51	-0.47
Total Stockholder Equity	-0.31	-0.7	-0.41	-0.41		-0.1	-0.78	0.98	-0.4	0.37	-0.11	0.65	-0.25	0.86	-0.74	-0.78	0.35	-0.74	-0.34	-0.3	0.86	-0.53	-0.78	-0.66	0.95	0.98
Property Plant And Equipment Net	0.69	0.56	0.35	0.38	-0.1		0.53	-0.01	-0.21	0.02	1.0	-0.13	0.15	-0.23	0.41	0.23	-0.21	0.54	0.16	0.46	-0.23	0.08	0.24	0.33	-0.26	-0.21
Net Debt	0.61	0.94	0.4	0.49	-0.78	0.53		-0.7	0.19	-0.39	0.54	-0.64	0.32	-0.73	0.85	0.82	-0.17	0.88	0.42	0.56	-0.73	0.43	0.82	0.78	-0.89	-0.8
Retained Earnings	-0.2	-0.64	-0.28	-0.3	0.98	-0.01	-0.7		-0.42	0.38	-0.02	0.63	-0.16	0.81	-0.73	-0.73	0.35	-0.65	-0.26	-0.21	0.82	-0.55	-0.79	-0.64	0.89	0.93
Accounts Payable	0.4	0.3	0.17	0.61	-0.4	-0.21	0.19	-0.42		0.21	-0.2	-0.03	0.49	-0.4	0.02	0.51	-0.15	0.5	0.7	0.45	-0.4	0.67	0.09	0.07	-0.4	-0.37
Cash	0.31	-0.08	-0.09	0.25	0.37	0.02	-0.39	0.38	0.21		0.01	0.86	-0.1	0.25	-0.41	-0.1	0.18	-0.04	0.41	0.37	0.25	0.13	-0.43	-0.29	0.38	0.36
Non Current Assets Total	0.69	0.57	0.35	0.38	-0.11	1.0	0.54	-0.02	-0.2	0.01		-0.14	0.15	-0.24	0.42	0.24	-0.21	0.54	0.16	0.46	-0.24	0.08	0.25	0.33	-0.27	-0.22
Cash And Short Term Investments	-0.01	-0.38	-0.26	-0.05	0.65	-0.13	-0.64	0.63	-0.03	0.86	-0.14		-0.24	0.53	-0.61	-0.52	0.2	-0.39	0.09	0.08	0.53	-0.1	-0.62	-0.53	0.71	0.64
Net Receivables	0.61	0.27	0.57	0.77	-0.25	0.15	0.32	-0.16	0.49	-0.1	0.15	-0.24		-0.37	-0.16	0.3	-0.48	0.51	0.71	0.62	-0.37	0.47	-0.19	-0.21	-0.34	-0.29
Common Stock Shares Outstanding	-0.5	-0.69	-0.43	-0.58	0.86	-0.23	-0.73	0.81	-0.4	0.25	-0.24	0.53	-0.37		-0.56	-0.73	0.44	-0.78	-0.49	-0.46	1.0	-0.67	-0.58	-0.58	0.87	0.9
Non Current Liabilities Total	0.27	0.8	0.06	0.06	-0.74	0.41	0.85	-0.73	0.02	-0.41	0.42	-0.61	-0.16	-0.56		0.71	-0.01	0.61	0.04	0.17	-0.56	0.19	0.97	0.87	-0.78	-0.73
Inventory	0.6	0.85	0.33	0.55	-0.78	0.23	0.82	-0.73	0.51	-0.1	0.24	-0.52	0.3	-0.73	0.71		0.05	0.84	0.63	0.58	-0.73	0.51	0.73	0.76	-0.9	-0.78
Other Current Assets	-0.22	-0.07	-0.24	-0.35	0.35	-0.21	-0.17	0.35	-0.15	0.18	-0.21	0.2	-0.48	0.44	-0.01	0.05		-0.27	-0.13	-0.11	0.45	-0.54	0.08	0.28	0.22	0.4
Total Liab	0.83	0.92	0.57	0.82	-0.74	0.54	0.88	-0.65	0.5	-0.04	0.54	-0.39	0.51	-0.78	0.61	0.84	-0.27		0.72	0.8	-0.78	0.67	0.58	0.62	-0.84	-0.79
Total Current Assets	0.83	0.57	0.43	0.89	-0.34	0.16	0.42	-0.26	0.7	0.41	0.16	0.09	0.71	-0.49	0.04	0.63	-0.13	0.72		0.9	-0.49	0.67	0.04	0.12	-0.44	-0.36
Short Term Debt	0.93	0.72	0.51	0.89	-0.3	0.46	0.56	-0.21	0.45	0.37	0.46	0.08	0.62	-0.46	0.17	0.58	-0.11	0.8	0.9		-0.47	0.59	0.14	0.26	-0.43	-0.34
Common Stock	-0.5	-0.69	-0.43	-0.58	0.86	-0.23	-0.73	0.82	-0.4	0.25	-0.24	0.53	-0.37	1.0	-0.56	-0.73	0.45	-0.78	-0.49	-0.47		-0.67	-0.58	-0.58	0.87	0.9
Other Stockholder Equity	0.54	0.51	0.18	0.69	-0.53	0.08	0.43	-0.55	0.67	0.13	0.08	-0.1	0.47	-0.67	0.19	0.51	-0.54	0.67	0.67	0.59	-0.67		0.21	0.15	-0.5	-0.53
Long Term Debt Total	0.17	0.77	0.04	0.03	-0.78	0.24	0.82	-0.79	0.09	-0.43	0.25	-0.62	-0.19	-0.58	0.97	0.73	0.08	0.58	0.04	0.14	-0.58	0.21		0.92	-0.8	-0.74
Property Plant Equipment	0.27	0.78	0.15	0.15	-0.66	0.33	0.78	-0.64	0.07	-0.29	0.33	-0.53	-0.21	-0.58	0.87	0.76	0.28	0.62	0.12	0.26	-0.58	0.15	0.92		-0.76	-0.66
Other Liab	-0.48	-0.82	-0.45	-0.51	0.95	-0.26	-0.89	0.89	-0.4	0.38	-0.27	0.71	-0.34	0.87	-0.78	-0.9	0.22	-0.84	-0.44	-0.43	0.87	-0.5	-0.8	-0.76		0.96
Net Tangible Assets	-0.39	-0.72	-0.49	-0.47	0.98	-0.21	-0.8	0.93	-0.37	0.36	-0.22	0.64	-0.29	0.9	-0.73	-0.78	0.4	-0.79	-0.36	-0.34	0.9	-0.53	-0.74	-0.66	0.96

Click cells to compare fundamentals

Gujarat Raffia Account Relationship Matchups

Gujarat Raffia fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	244.6M	328.0M	357.2M	260.4M	234.4M	254.9M
Short Long Term Debt Total	32.3M	82.2M	125.5M	35.2M	31.7M	30.1M
Other Current Liab	4.5M	8.9M	5.1M	12.6M	11.4M	20.2M
Total Current Liabilities	57.2M	131.6M	128.8M	32.3M	29.1M	27.6M
Total Stockholder Equity	179.7M	190.9M	201.2M	206.4M	237.3M	168.0M
Property Plant And Equipment Net	76.4M	91.5M	121.3M	107.5M	96.7M	87.7M
Net Debt	23.8M	73.2M	52.1M	24.5M	22.1M	21.0M
Retained Earnings	96.0M	107.2M	117.4M	122.8M	141.3M	94.9M
Accounts Payable	8.9M	28.8M	12.7M	3.0M	2.7M	2.5M
Cash	8.5M	9.0M	73.4M	10.6M	12.2M	22.6M
Non Current Assets Total	76.4M	91.5M	121.3M	107.5M	96.7M	87.8M
Cash And Short Term Investments	46.5M	9.9M	74.3M	30.6M	35.2M	29.6M
Net Receivables	68.2M	116.2M	47.8M	47.4M	42.6M	63.2M
Liabilities And Stockholders Equity	244.6M	328.0M	357.2M	260.4M	234.4M	254.9M
Non Current Liabilities Total	7.7M	5.5M	27.3M	21.7M	19.6M	33.5M
Inventory	44.8M	94.3M	92.4M	63.1M	56.8M	71.8M
Other Current Assets	8.8M	16.0M	21.4M	22.1M	25.5M	16.3M
Total Liab	64.9M	137.1M	156.0M	54.1M	48.7M	46.2M
Total Current Assets	168.3M	236.4M	235.9M	152.9M	137.6M	167.1M
Short Term Debt	27.5M	79.2M	101.0M	16.5M	14.9M	14.1M
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	38.0M	867K	933K	20M	23M	24.2M
Current Deferred Revenue	16.3M	14.3M	9.3M	7.8M	7.0M	13.8M

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

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.

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

Gujarat Total Current Liabilities vs Net Debt Analysis

Total Current Liabilities vs Net Debt

Total Current Liabilities vs Net Debt Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Net Debt

Gujarat Raffia fundamental ratios Correlations

Gujarat Raffia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gujarat Raffia fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Gujarat Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Retained Earnings	+ 0.98	Total Stockholder Equity
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Long Term Debt Total	+ 0.97	Non Current Liabilities Total
Net Tangible Assets	+ 0.96	Other Liab

Other Liab	- 0.9	Inventory
Other Liab	- 0.89	Net Debt
Other Liab	- 0.84	Total Liab
Other Liab	- 0.82	Short Long Term Debt Total
Other Liab	- 0.8	Long Term Debt Total
Net Tangible Assets	- 0.8	Net Debt