Reliance Retained Earnings vs Total 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 Retained Earnings and its Total 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity 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 Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Reliance Communications' Retained Earnings and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total 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' Retained Earnings 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 Retained Earnings of Reliance Communications Limited 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 Retained Earnings i.e., Reliance Communications' Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 Profit1.9B2.5B1.6B1.5B
Total Revenue5.6B4.8B3.8B3.6B

Reliance Communications fundamental ratios Correlations

-0.270.910.370.66-0.56-0.490.92-0.88-0.43-0.43-0.890.43-0.36-0.41-0.740.41-0.730.80.61-0.270.80.68-0.580.07-0.89
-0.27-0.13-0.74-0.830.890.92-0.1-0.030.940.570.13-0.320.90.940.68-0.720.39-0.73-0.680.9-0.640.250.89-0.30.04
0.91-0.130.310.55-0.45-0.331.0-0.88-0.26-0.32-0.860.34-0.25-0.29-0.610.33-0.690.690.4-0.080.60.64-0.46-0.04-0.87
0.37-0.740.310.83-0.86-0.710.28-0.21-0.72-0.51-0.3-0.08-0.61-0.74-0.590.94-0.270.690.36-0.60.53-0.12-0.86-0.15-0.2
0.66-0.830.550.83-0.99-0.920.52-0.43-0.91-0.59-0.550.31-0.81-0.91-0.880.82-0.630.890.71-0.780.80.12-0.990.18-0.48
-0.560.89-0.45-0.86-0.990.93-0.420.320.930.590.45-0.260.830.930.84-0.830.56-0.87-0.670.82-0.77-0.021.0-0.20.36
-0.490.92-0.33-0.71-0.920.93-0.30.20.990.60.35-0.50.90.980.86-0.70.6-0.77-0.860.94-0.790.00.92-0.320.28
0.92-0.11.00.280.52-0.42-0.3-0.91-0.23-0.33-0.890.34-0.21-0.25-0.580.31-0.670.680.39-0.050.580.65-0.43-0.04-0.91
-0.88-0.03-0.88-0.21-0.430.320.2-0.910.140.380.97-0.280.010.130.44-0.250.5-0.56-0.33-0.06-0.44-0.620.340.060.97
-0.430.94-0.26-0.72-0.910.930.99-0.230.140.630.3-0.460.90.990.82-0.710.54-0.75-0.830.96-0.740.060.92-0.340.22
-0.430.57-0.32-0.51-0.590.590.6-0.330.380.630.44-0.30.450.640.35-0.480.11-0.47-0.550.54-0.42-0.040.6-0.10.42
-0.890.13-0.86-0.3-0.550.450.35-0.890.970.30.44-0.340.190.290.54-0.330.58-0.65-0.460.12-0.51-0.50.47-0.030.99
0.43-0.320.34-0.080.31-0.26-0.50.34-0.28-0.46-0.3-0.34-0.48-0.43-0.540.11-0.610.410.83-0.490.460.35-0.260.54-0.39
-0.360.9-0.25-0.61-0.810.830.9-0.210.010.90.450.19-0.480.930.77-0.610.55-0.72-0.770.91-0.710.150.82-0.340.15
-0.410.94-0.29-0.74-0.910.930.98-0.250.130.990.640.29-0.430.930.79-0.710.52-0.74-0.790.94-0.710.120.92-0.290.22
-0.740.68-0.61-0.59-0.880.840.86-0.580.440.820.350.54-0.540.770.79-0.60.86-0.84-0.820.75-0.91-0.410.84-0.260.5
0.41-0.720.330.940.82-0.83-0.70.31-0.25-0.71-0.48-0.330.11-0.61-0.71-0.6-0.320.740.44-0.580.53-0.04-0.840.07-0.25
-0.730.39-0.69-0.27-0.630.560.6-0.670.50.540.110.58-0.610.550.520.86-0.32-0.71-0.720.5-0.77-0.50.55-0.30.58
0.8-0.730.690.690.89-0.87-0.770.68-0.56-0.75-0.47-0.650.41-0.72-0.74-0.840.74-0.710.68-0.60.840.29-0.880.21-0.59
0.61-0.680.40.360.71-0.67-0.860.39-0.33-0.83-0.55-0.460.83-0.77-0.79-0.820.44-0.720.68-0.820.790.27-0.670.47-0.45
-0.270.9-0.08-0.6-0.780.820.94-0.05-0.060.960.540.12-0.490.910.940.75-0.580.5-0.6-0.82-0.690.130.8-0.360.06
0.8-0.640.60.530.8-0.77-0.790.58-0.44-0.74-0.42-0.510.46-0.71-0.71-0.910.53-0.770.840.79-0.690.48-0.770.2-0.5
0.680.250.64-0.120.12-0.020.00.65-0.620.06-0.04-0.50.350.150.12-0.41-0.04-0.50.290.270.130.48-0.040.05-0.57
-0.580.89-0.46-0.86-0.991.00.92-0.430.340.920.60.47-0.260.820.920.84-0.840.55-0.88-0.670.8-0.77-0.04-0.190.38
0.07-0.3-0.04-0.150.18-0.2-0.32-0.040.06-0.34-0.1-0.030.54-0.34-0.29-0.260.07-0.30.210.47-0.360.20.05-0.19-0.06
-0.890.04-0.87-0.2-0.480.360.28-0.910.970.220.420.99-0.390.150.220.5-0.250.58-0.59-0.450.06-0.5-0.570.38-0.06
Click cells to compare fundamentals

Reliance Communications Account Relationship Matchups

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.

Additional Tools for Reliance Stock Analysis

When running Reliance Communications' price analysis, check to measure Reliance Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Communications is operating at the current time. Most of Reliance Communications' value examination focuses on studying past and present price action to predict the probability of Reliance Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Communications' price. Additionally, you may evaluate how the addition of Reliance Communications to your portfolios can decrease your overall portfolio volatility.