Reliance Net Debt vs Other Stockholder Equity Analysis

RCOM Stock

1.78 0.00 0.00%

Reliance Communications financial indicator trend analysis is much more than just breaking down Reliance Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Reliance Communications is a good investment. Please check the relationship between Reliance Communications Net Debt and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Communications Limited. 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.

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Communications Net Debt account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Reliance Communications' Net Debt and Other Stockholder Equity is -0.67. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Reliance Communications Limited, assuming nothing else is changed. The correlation between historical values of Reliance Communications' Net Debt and Other 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 Debt of Reliance Communications Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Net Debt i.e., Reliance Communications' Net Debt and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

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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.

Other Stockholder Equity

Most indicators from Reliance Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Communications 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 Reliance Communications Limited. 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.

Selling General Administrative is likely to drop to about 1.7 B in 2024. Tax Provision is likely to drop to about 133 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.5B	1.6B	1.5B
Total Revenue	5.6B	4.8B	3.8B	3.6B

Gross Profit Total Revenue

Reliance Communications fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Accounts Payable	Retained Earnings	Current Deferred Revenue	Short Term Investments
Common Stock Shares Outstanding		-0.27	0.91	0.37	0.66	-0.56	-0.49	0.92	-0.88	-0.43	-0.43	-0.89	0.43	-0.36	-0.41	-0.74	0.41	-0.73	0.8	0.61	-0.27	0.8	0.68	-0.58	0.07	-0.89
Total Assets	-0.27		-0.13	-0.74	-0.83	0.89	0.92	-0.1	-0.03	0.94	0.57	0.13	-0.32	0.9	0.94	0.68	-0.72	0.39	-0.73	-0.68	0.9	-0.64	0.25	0.89	-0.3	0.04
Short Long Term Debt Total	0.91	-0.13		0.31	0.55	-0.45	-0.33	1.0	-0.88	-0.26	-0.32	-0.86	0.34	-0.25	-0.29	-0.61	0.33	-0.69	0.69	0.4	-0.08	0.6	0.64	-0.46	-0.04	-0.87
Other Current Liab	0.37	-0.74	0.31		0.83	-0.86	-0.71	0.28	-0.21	-0.72	-0.51	-0.3	-0.08	-0.61	-0.74	-0.59	0.94	-0.27	0.69	0.36	-0.6	0.53	-0.12	-0.86	-0.15	-0.2
Total Current Liabilities	0.66	-0.83	0.55	0.83		-0.99	-0.92	0.52	-0.43	-0.91	-0.59	-0.55	0.31	-0.81	-0.91	-0.88	0.82	-0.63	0.89	0.71	-0.78	0.8	0.12	-0.99	0.18	-0.48
Total Stockholder Equity	-0.56	0.89	-0.45	-0.86	-0.99		0.93	-0.42	0.32	0.93	0.59	0.45	-0.26	0.83	0.93	0.84	-0.83	0.56	-0.87	-0.67	0.82	-0.77	-0.02	1.0	-0.2	0.36
Property Plant And Equipment Net	-0.49	0.92	-0.33	-0.71	-0.92	0.93		-0.3	0.2	0.99	0.6	0.35	-0.5	0.9	0.98	0.86	-0.7	0.6	-0.77	-0.86	0.94	-0.79	0.0	0.92	-0.32	0.28
Net Debt	0.92	-0.1	1.0	0.28	0.52	-0.42	-0.3		-0.91	-0.23	-0.33	-0.89	0.34	-0.21	-0.25	-0.58	0.31	-0.67	0.68	0.39	-0.05	0.58	0.65	-0.43	-0.04	-0.91
Cash	-0.88	-0.03	-0.88	-0.21	-0.43	0.32	0.2	-0.91		0.14	0.38	0.97	-0.28	0.01	0.13	0.44	-0.25	0.5	-0.56	-0.33	-0.06	-0.44	-0.62	0.34	0.06	0.97
Non Current Assets Total	-0.43	0.94	-0.26	-0.72	-0.91	0.93	0.99	-0.23	0.14		0.63	0.3	-0.46	0.9	0.99	0.82	-0.71	0.54	-0.75	-0.83	0.96	-0.74	0.06	0.92	-0.34	0.22
Non Currrent Assets Other	-0.43	0.57	-0.32	-0.51	-0.59	0.59	0.6	-0.33	0.38	0.63		0.44	-0.3	0.45	0.64	0.35	-0.48	0.11	-0.47	-0.55	0.54	-0.42	-0.04	0.6	-0.1	0.42
Cash And Short Term Investments	-0.89	0.13	-0.86	-0.3	-0.55	0.45	0.35	-0.89	0.97	0.3	0.44		-0.34	0.19	0.29	0.54	-0.33	0.58	-0.65	-0.46	0.12	-0.51	-0.5	0.47	-0.03	0.99
Net Receivables	0.43	-0.32	0.34	-0.08	0.31	-0.26	-0.5	0.34	-0.28	-0.46	-0.3	-0.34		-0.48	-0.43	-0.54	0.11	-0.61	0.41	0.83	-0.49	0.46	0.35	-0.26	0.54	-0.39
Good Will	-0.36	0.9	-0.25	-0.61	-0.81	0.83	0.9	-0.21	0.01	0.9	0.45	0.19	-0.48		0.93	0.77	-0.61	0.55	-0.72	-0.77	0.91	-0.71	0.15	0.82	-0.34	0.15
Non Current Liabilities Total	-0.41	0.94	-0.29	-0.74	-0.91	0.93	0.98	-0.25	0.13	0.99	0.64	0.29	-0.43	0.93		0.79	-0.71	0.52	-0.74	-0.79	0.94	-0.71	0.12	0.92	-0.29	0.22
Inventory	-0.74	0.68	-0.61	-0.59	-0.88	0.84	0.86	-0.58	0.44	0.82	0.35	0.54	-0.54	0.77	0.79		-0.6	0.86	-0.84	-0.82	0.75	-0.91	-0.41	0.84	-0.26	0.5
Other Current Assets	0.41	-0.72	0.33	0.94	0.82	-0.83	-0.7	0.31	-0.25	-0.71	-0.48	-0.33	0.11	-0.61	-0.71	-0.6		-0.32	0.74	0.44	-0.58	0.53	-0.04	-0.84	0.07	-0.25
Other Stockholder Equity	-0.73	0.39	-0.69	-0.27	-0.63	0.56	0.6	-0.67	0.5	0.54	0.11	0.58	-0.61	0.55	0.52	0.86	-0.32		-0.71	-0.72	0.5	-0.77	-0.5	0.55	-0.3	0.58
Total Liab	0.8	-0.73	0.69	0.69	0.89	-0.87	-0.77	0.68	-0.56	-0.75	-0.47	-0.65	0.41	-0.72	-0.74	-0.84	0.74	-0.71		0.68	-0.6	0.84	0.29	-0.88	0.21	-0.59
Total Current Assets	0.61	-0.68	0.4	0.36	0.71	-0.67	-0.86	0.39	-0.33	-0.83	-0.55	-0.46	0.83	-0.77	-0.79	-0.82	0.44	-0.72	0.68		-0.82	0.79	0.27	-0.67	0.47	-0.45
Intangible Assets	-0.27	0.9	-0.08	-0.6	-0.78	0.82	0.94	-0.05	-0.06	0.96	0.54	0.12	-0.49	0.91	0.94	0.75	-0.58	0.5	-0.6	-0.82		-0.69	0.13	0.8	-0.36	0.06
Common Stock	0.8	-0.64	0.6	0.53	0.8	-0.77	-0.79	0.58	-0.44	-0.74	-0.42	-0.51	0.46	-0.71	-0.71	-0.91	0.53	-0.77	0.84	0.79	-0.69		0.48	-0.77	0.2	-0.5
Accounts Payable	0.68	0.25	0.64	-0.12	0.12	-0.02	0.0	0.65	-0.62	0.06	-0.04	-0.5	0.35	0.15	0.12	-0.41	-0.04	-0.5	0.29	0.27	0.13	0.48		-0.04	0.05	-0.57
Retained Earnings	-0.58	0.89	-0.46	-0.86	-0.99	1.0	0.92	-0.43	0.34	0.92	0.6	0.47	-0.26	0.82	0.92	0.84	-0.84	0.55	-0.88	-0.67	0.8	-0.77	-0.04		-0.19	0.38
Current Deferred Revenue	0.07	-0.3	-0.04	-0.15	0.18	-0.2	-0.32	-0.04	0.06	-0.34	-0.1	-0.03	0.54	-0.34	-0.29	-0.26	0.07	-0.3	0.21	0.47	-0.36	0.2	0.05	-0.19		-0.06
Short Term Investments	-0.89	0.04	-0.87	-0.2	-0.48	0.36	0.28	-0.91	0.97	0.22	0.42	0.99	-0.39	0.15	0.22	0.5	-0.25	0.58	-0.59	-0.45	0.06	-0.5	-0.57	0.38	-0.06

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Reliance Net Debt vs Other Stockholder Equity Analysis

Net Debt vs Other Stockholder Equity

Net Debt vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Debt

Other Stockholder Equity

Reliance Communications fundamental ratios Correlations

Reliance Communications Account Relationship Matchups

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High Negative Relationship

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Additional Tools for Reliance Stock Analysis

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Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Short Term Investments	+ 0.99	Cash And Short Term Investments
Non Current Liabilities Total	+ 0.98	Property Plant And Equipment Net

Retained Earnings	- 0.99	Total Current Liabilities
Total Stockholder Equity	- 0.99	Total Current Liabilities
Property Plant And Equipment Net	- 0.92	Total Current Liabilities
Common Stock	- 0.91	Inventory
Short Term Investments	- 0.91	Net Debt
Cash	- 0.91	Net Debt