Reliance Retained Earnings vs Property Plant And Equipment Net 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 Retained Earnings and its Property Plant And Equipment Net 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings 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 Reliance Communications Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Reliance Communications' Retained Earnings and Property Plant And Equipment Net is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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' Retained Earnings 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 Retained Earnings of Reliance Communications Limited 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 Retained Earnings i.e., Reliance Communications' Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 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 Retained Earnings vs Property Plant And Equipment Net Analysis

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Retained Earnings

Property Plant And Equipment Net

Reliance Communications fundamental ratios Correlations

Reliance Communications Account Relationship Matchups

High Positive Relationship

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