Rashtriya Change To Netincome vs Change To Liabilities Analysis

RCF Stock   178.50  0.66  0.37%   
Rashtriya Chemicals financial indicator trend analysis is much more than just breaking down Rashtriya Chemicals and prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rashtriya Chemicals and is a good investment. Please check the relationship between Rashtriya Chemicals Change To Netincome and its Change To Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rashtriya Chemicals 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 board of governors.

Change To Netincome vs Change To Liabilities

Change To Netincome vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rashtriya Chemicals and Change To Netincome account and Change To Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Rashtriya Chemicals' Change To Netincome and Change To Liabilities is -0.39. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Rashtriya Chemicals and, assuming nothing else is changed. The correlation between historical values of Rashtriya Chemicals' Change To Netincome and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Rashtriya Chemicals and are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Netincome i.e., Rashtriya Chemicals' Change To Netincome and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Netincome

Change To Liabilities

Most indicators from Rashtriya Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rashtriya Chemicals and 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rashtriya Chemicals 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 5.9 B. The current year's Tax Provision is expected to grow to about 1.3 B
 2021 2022 2023 2024 (projected)
Operating Income8.3B12.6B60.2B63.2B
Other Operating Expenses44.9B201.9B109.6B115.1B

Rashtriya Chemicals fundamental ratios Correlations

0.810.320.930.90.930.680.820.160.910.520.06-0.17-0.340.790.66-0.14-0.680.970.96-0.13-0.170.510.650.320.54
0.81-0.060.930.520.630.930.41-0.020.540.28-0.14-0.08-0.410.480.30.02-0.390.910.910.11-0.080.830.240.280.91
0.32-0.060.120.460.43-0.220.590.430.530.780.41-0.70.290.520.78-0.11-0.60.230.16-0.54-0.7-0.380.51-0.41-0.22
0.930.930.120.690.740.850.670.020.690.4-0.1-0.11-0.460.560.51-0.04-0.460.980.990.0-0.110.730.40.270.77
0.90.520.460.690.930.410.830.180.960.590.11-0.19-0.20.830.71-0.17-0.740.780.78-0.22-0.190.220.80.30.19
0.930.630.430.740.930.460.820.330.980.480.25-0.19-0.160.930.63-0.25-0.820.850.81-0.3-0.190.260.80.310.3
0.680.93-0.220.850.410.460.25-0.40.370.19-0.49-0.07-0.530.240.240.09-0.220.780.820.1-0.070.940.130.160.94
0.820.410.590.670.830.820.250.340.860.510.31-0.17-0.10.750.81-0.27-0.670.740.71-0.39-0.170.060.760.230.09
0.16-0.020.430.020.180.33-0.40.340.340.160.970.00.410.550.1-0.19-0.370.140.040.020.0-0.480.240.26-0.27
0.910.540.530.690.960.980.370.860.340.560.29-0.2-0.080.930.68-0.23-0.820.80.76-0.32-0.20.160.820.280.2
0.520.280.780.40.590.480.190.510.160.560.07-0.680.040.460.750.07-0.530.450.45-0.22-0.680.080.36-0.330.18
0.06-0.140.41-0.10.110.25-0.490.310.970.290.070.130.580.490.04-0.19-0.330.03-0.08-0.050.13-0.580.210.27-0.37
-0.17-0.08-0.7-0.11-0.19-0.19-0.07-0.170.0-0.2-0.680.130.13-0.23-0.640.050.44-0.15-0.140.451.0-0.03-0.280.64-0.13
-0.34-0.410.29-0.46-0.2-0.16-0.53-0.10.41-0.080.040.580.130.02-0.140.01-0.06-0.39-0.47-0.140.13-0.65-0.03-0.14-0.45
0.790.480.520.560.830.930.240.750.550.930.460.49-0.230.020.58-0.35-0.880.710.63-0.34-0.230.070.790.340.15
0.660.30.780.510.710.630.240.810.10.680.750.04-0.64-0.140.58-0.07-0.630.570.58-0.49-0.640.060.63-0.160.12
-0.140.02-0.11-0.04-0.17-0.250.09-0.27-0.19-0.230.07-0.190.050.01-0.35-0.070.47-0.11-0.070.380.05-0.01-0.58-0.080.1
-0.68-0.39-0.6-0.46-0.74-0.82-0.22-0.67-0.37-0.82-0.53-0.330.44-0.06-0.88-0.630.47-0.6-0.530.560.44-0.1-0.86-0.15-0.15
0.970.910.230.980.780.850.780.740.140.80.450.03-0.15-0.390.710.57-0.11-0.60.99-0.08-0.150.630.530.310.69
0.960.910.160.990.780.810.820.710.040.760.45-0.08-0.14-0.470.630.58-0.07-0.530.990.0-0.140.690.490.320.71
-0.130.11-0.540.0-0.22-0.30.1-0.390.02-0.32-0.22-0.050.45-0.14-0.34-0.490.380.56-0.080.00.450.18-0.560.340.14
-0.17-0.08-0.7-0.11-0.19-0.19-0.07-0.170.0-0.2-0.680.131.00.13-0.23-0.640.050.44-0.15-0.140.45-0.03-0.280.64-0.13
0.510.83-0.380.730.220.260.940.06-0.480.160.08-0.58-0.03-0.650.070.06-0.01-0.10.630.690.18-0.03-0.020.190.93
0.650.240.510.40.80.80.130.760.240.820.360.21-0.28-0.030.790.63-0.58-0.860.530.49-0.56-0.28-0.020.12-0.06
0.320.28-0.410.270.30.310.160.230.260.28-0.330.270.64-0.140.34-0.16-0.08-0.150.310.320.340.640.190.120.08
0.540.91-0.220.770.190.30.940.09-0.270.20.18-0.37-0.13-0.450.150.120.1-0.150.690.710.14-0.130.93-0.060.08
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Rashtriya Chemicals Account Relationship Matchups

Rashtriya Chemicals fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets102.9B76.2B105.3B97.0B114.6B70.7B
Short Long Term Debt Total48.3B20.8B29.8B18.8B33.0B20.8B
Other Current Liab75.3M5.5B7.1B6.5B9.7B10.2B
Total Current Liabilities58.3B25.6B50.5B35.8B53.2B30.1B
Total Stockholder Equity31.8B33.3B38.8B45.9B46.1B28.7B
Property Plant And Equipment Net25.5B25.5B26.4B27.5B29.8B19.9B
Net Debt48.3B6.1B18.8B18.7B31.4B17.7B
Accounts Payable10.1B8.9B23.4B20.1B19.4B9.9B
Cash20.7M14.7B11.0B113M1.6B3.1B
Non Current Assets Total30.4B34.1B37.7B40.6B44.0B24.3B
Non Currrent Assets Other1.1B1.9B1.9B3.0B4.2B4.5B
Cash And Short Term Investments20.7M14.7B11.1B2.1B1.6B1.5B
Short Term Investments(900K)3.5B80.4M2.0B53.7M51.0M
Liabilities And Stockholders Equity102.9B76.2B105.3B97.0B114.6B70.7B
Non Current Liabilities Total12.8B17.3B16.0B15.3B15.3B12.0B
Inventory9.5B7.9B23.3B25.9B25.8B27.1B
Other Current Assets800K5.1B3.0B4.4B7.7B7.0B
Other Stockholder Equity(31.3B)(32.9B)(38.1B)(39.7B)(39.6B)(37.7B)
Total Liab71.1B42.9B66.5B51.1B68.5B42.0B
Total Current Assets72.5B42.2B67.6B56.5B70.6B46.5B
Accumulated Other Comprehensive Income(7.4B)27.8B33.3B40.4B896M940.8M
Intangible Assets26.2M29.8M16M4.3M300K285K
Net Receivables63.0B14.5B30.3B26.1B35.5B32.5B
Retained Earnings25.7B27.4B32.6B39.7B39.6B26.2B
Current Deferred Revenue5.9B6.1B8.3B6.2B398.2M378.3M
Short Term Debt42.2B10.3B18.5B8.3B23.5B20.5B
Other Liab6.7B6.8B4.7B4.9B5.6B6.4B
Net Tangible Assets31.8B33.3B38.4B45.9B52.8B35.0B
Other Assets2.3B2.1B2.0B3.0B3.5B2.6B
Long Term Debt6.0B10.4B11.2B10.3B9.4B6.4B
Short Long Term Debt42.2B8.2B18.5B8.3B23.4B17.9B
Property Plant Equipment25.5B25.5B25.8B27.5B31.6B23.5B
Long Term Debt Total6.0B10.4B11.3B10.4B12.0B6.6B
Non Current Liabilities Other391.1M341.7M309.3M277.8M237.3M325.1M
Cash And Equivalents13.1M14.7B11.6B645.3M742.1M705.0M
Net Invested Capital80.0B52.0B68.1B64.5B78.9B70.9B
Net Working Capital14.2B16.6B17.3B20.7B17.4B18.5B

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Other Information on Investing in Rashtriya Stock

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