Roadzen Cash vs Long Term Debt Analysis
| RDZNW Stock | 0.04 0.01 25.68% |
Roadzen financial indicator trend analysis is much more than just breaking down Roadzen prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Roadzen is a good investment. Please check the relationship between Roadzen Cash and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roadzen. 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. For more information on how to buy Roadzen Stock please use our How to Invest in Roadzen guide.
Cash vs Long Term Debt
Cash vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roadzen Cash account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Roadzen's Cash and Long Term Debt is -0.49. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Roadzen, assuming nothing else is changed. The correlation between historical values of Roadzen's Cash and Long Term 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 Cash of Roadzen are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Cash i.e., Roadzen's Cash and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.49 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Roadzen, which is listed under current asset account on Roadzen balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Roadzen customers. The amounts must be unrestricted with restricted cash listed in a different Roadzen account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Long Term Debt
Long-term debt is a debt that Roadzen has held for over one year. Long-term debt appears on Roadzen balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Roadzen balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Roadzen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Roadzen 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 Roadzen. 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. For more information on how to buy Roadzen Stock please use our How to Invest in Roadzen guide.At this time, Roadzen's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 6.4 M in 2024, whereas Tax Provision is likely to drop (24.8 K) in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 4.8M | 5.4M | 18.1M | 19.0M | Research Development | 1.3M | 2.7M | 5.0M | 2.7M |
Roadzen fundamental ratios Correlations
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Roadzen Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Roadzen's price analysis, check to measure Roadzen's 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 Roadzen is operating at the current time. Most of Roadzen's value examination focuses on studying past and present price action to predict the probability of Roadzen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roadzen's price. Additionally, you may evaluate how the addition of Roadzen to your portfolios can decrease your overall portfolio volatility.