Roadzen Long Term Investments vs Good Will 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 Long Term Investments and its Good Will 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.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roadzen Long Term Investments account and Good Will. At this time, the significance of the direction appears to have pay attention.

The correlation between Roadzen's Long Term Investments and Good Will is -0.78. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Roadzen, assuming nothing else is changed. The correlation between historical values of Roadzen's Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Roadzen are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Roadzen's Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Investments

Long Term Investments is an item on the asset side of Roadzen balance sheet that represents investments Roadzen intends to hold for over a year. Roadzen long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

Cost Of Revenue Research Development

Roadzen fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets
Total Assets		-0.13	0.84	0.67	0.84	-0.61	-0.86	0.85	0.77	-0.77	0.46	-0.64	0.81	0.78	-0.65	-0.81	0.61	0.67	0.53	-0.86	0.9	0.8	0.85	0.85	-0.76	-0.36
Other Current Liab	-0.13		-0.33	0.34	-0.5	0.27	0.43	-0.37	0.14	0.57	-0.72	0.59	-0.48	-0.63	0.36	-0.08	-0.86	-0.75	0.42	0.32	-0.46	-0.5	-0.31	-0.32	0.36	0.44
Total Current Liabilities	0.84	-0.33		0.69	0.82	-0.71	-0.99	0.99	0.88	-0.95	0.6	-0.82	0.98	0.74	-0.95	-0.9	0.67	0.79	0.51	-0.99	0.86	0.97	0.99	0.99	-0.92	-0.67
Total Stockholder Equity	0.67	0.34	0.69		0.27	-0.17	-0.61	0.69	0.94	-0.43	-0.15	-0.17	0.55	0.4	-0.68	-0.93	0.02	0.11	0.97	-0.73	0.36	0.5	0.73	0.73	-0.44	-0.07
Property Plant And Equipment Net	0.84	-0.5	0.82	0.27		-0.86	-0.87	0.81	0.53	-0.91	0.87	-0.92	0.88	0.75	-0.64	-0.58	0.85	0.94	0.05	-0.8	0.99	0.9	0.79	0.79	-0.91	-0.71
Net Debt	-0.61	0.27	-0.71	-0.17	-0.86		0.7	-0.65	-0.48	0.78	-0.85	0.92	-0.75	-0.34	0.55	0.5	-0.57	-0.79	0.09	0.64	-0.81	-0.79	-0.64	-0.63	0.93	0.91
Retained Earnings	-0.86	0.43	-0.99	-0.61	-0.87	0.7		-0.99	-0.81	0.97	-0.66	0.85	-0.99	-0.82	0.92	0.85	-0.77	-0.85	-0.44	0.99	-0.9	-0.98	-0.98	-0.99	0.91	0.66
Accounts Payable	0.85	-0.37	0.99	0.69	0.81	-0.65	-0.99		0.86	-0.95	0.58	-0.8	0.98	0.8	-0.95	-0.89	0.7	0.79	0.53	-1.0	0.85	0.97	1.0	1.0	-0.88	-0.62
Cash	0.77	0.14	0.88	0.94	0.53	-0.48	-0.81	0.86		-0.69	0.18	-0.49	0.77	0.49	-0.85	-1.0	0.25	0.4	0.82	-0.89	0.59	0.74	0.89	0.89	-0.71	-0.4
Non Current Assets Total	-0.77	0.57	-0.95	-0.43	-0.91	0.78	0.97	-0.95	-0.69		-0.81	0.94	-0.99	-0.79	0.89	0.73	-0.85	-0.93	-0.23	0.93	-0.91	-1.0	-0.93	-0.93	0.94	0.78
Non Currrent Assets Other	0.46	-0.72	0.6	-0.15	0.87	-0.85	-0.66	0.58	0.18	-0.81		-0.94	0.72	0.53	-0.49	-0.22	0.85	0.94	-0.38	-0.54	0.8	0.77	0.54	0.54	-0.8	-0.85
Long Term Debt	-0.64	0.59	-0.82	-0.17	-0.92	0.92	0.85	-0.8	-0.49	0.94	-0.94		-0.89	-0.6	0.73	0.53	-0.82	-0.95	0.07	0.77	-0.89	-0.92	-0.77	-0.77	0.95	0.91
Net Receivables	0.81	-0.48	0.98	0.55	0.88	-0.75	-0.99	0.98	0.77	-0.99	0.72	-0.89		0.79	-0.92	-0.81	0.79	0.88	0.36	-0.97	0.9	1.0	0.97	0.97	-0.94	-0.73
Good Will	0.78	-0.63	0.74	0.4	0.75	-0.34	-0.82	0.8	0.49	-0.79	0.53	-0.6	0.79		-0.66	-0.55	0.87	0.78	0.31	-0.78	0.8	0.77	0.77	0.78	-0.58	-0.25
Common Stock Shares Outstanding	-0.65	0.36	-0.95	-0.68	-0.64	0.55	0.92	-0.95	-0.85	0.89	-0.49	0.73	-0.92	-0.66		0.86	-0.58	-0.68	-0.54	0.95	-0.67	-0.91	-0.95	-0.95	0.81	0.65
Non Current Liabilities Total	-0.81	-0.08	-0.9	-0.93	-0.58	0.5	0.85	-0.89	-1.0	0.73	-0.22	0.53	-0.81	-0.55	0.86		-0.32	-0.45	-0.8	0.92	-0.65	-0.78	-0.92	-0.92	0.74	0.42
Inventory	0.61	-0.86	0.67	0.02	0.85	-0.57	-0.77	0.7	0.25	-0.85	0.85	-0.82	0.79	0.87	-0.58	-0.32		0.95	-0.12	-0.67	0.84	0.8	0.66	0.66	-0.69	-0.57
Total Liab	0.67	-0.75	0.79	0.11	0.94	-0.79	-0.85	0.79	0.4	-0.93	0.94	-0.95	0.88	0.78	-0.68	-0.45	0.95		-0.09	-0.76	0.92	0.9	0.75	0.75	-0.86	-0.77
Net Invested Capital	0.53	0.42	0.51	0.97	0.05	0.09	-0.44	0.53	0.82	-0.23	-0.38	0.07	0.36	0.31	-0.54	-0.8	-0.12	-0.09		-0.57	0.16	0.3	0.57	0.57	-0.2	0.18
Long Term Investments	-0.86	0.32	-0.99	-0.73	-0.8	0.64	0.99	-1.0	-0.89	0.93	-0.54	0.77	-0.97	-0.78	0.95	0.92	-0.67	-0.76	-0.57		-0.84	-0.95	-1.0	-1.0	0.88	0.59
Property Plant And Equipment Gross	0.9	-0.46	0.86	0.36	0.99	-0.81	-0.9	0.85	0.59	-0.91	0.8	-0.89	0.9	0.8	-0.67	-0.65	0.84	0.92	0.16	-0.84		0.91	0.83	0.83	-0.9	-0.65
Short Long Term Debt	0.8	-0.5	0.97	0.5	0.9	-0.79	-0.98	0.97	0.74	-1.0	0.77	-0.92	1.0	0.77	-0.91	-0.78	0.8	0.9	0.3	-0.95	0.91		0.95	0.95	-0.96	-0.77
Total Current Assets	0.85	-0.31	0.99	0.73	0.79	-0.64	-0.98	1.0	0.89	-0.93	0.54	-0.77	0.97	0.77	-0.95	-0.92	0.66	0.75	0.57	-1.0	0.83	0.95		1.0	-0.88	-0.6
Capital Stock	0.85	-0.32	0.99	0.73	0.79	-0.63	-0.99	1.0	0.89	-0.93	0.54	-0.77	0.97	0.78	-0.95	-0.92	0.66	0.75	0.57	-1.0	0.83	0.95	1.0		-0.87	-0.6
Net Working Capital	-0.76	0.36	-0.92	-0.44	-0.91	0.93	0.91	-0.88	-0.71	0.94	-0.8	0.95	-0.94	-0.58	0.81	0.74	-0.69	-0.86	-0.2	0.88	-0.9	-0.96	-0.88	-0.87		0.87
Intangible Assets	-0.36	0.44	-0.67	-0.07	-0.71	0.91	0.66	-0.62	-0.4	0.78	-0.85	0.91	-0.73	-0.25	0.65	0.42	-0.57	-0.77	0.18	0.59	-0.65	-0.77	-0.6	-0.6	0.87

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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.

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Roadzen Long Term Investments vs Good Will Analysis

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Investments

Good Will

Roadzen fundamental ratios Correlations

Roadzen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Roadzen Stock Analysis

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Total Current Assets	+ 1.0	Accounts Payable
Capital Stock	+ 1.0	Accounts Payable
Short Long Term Debt	+ 1.0	Net Receivables
Capital Stock	+ 1.0	Total Current Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Total Current Liabilities

Capital Stock	- 1.0	Long Term Investments
Total Current Assets	- 1.0	Long Term Investments
Short Long Term Debt	- 1.0	Non Current Assets Total
Non Current Liabilities Total	- 1.0	Cash
Long Term Investments	- 1.0	Accounts Payable
Net Receivables	- 0.99	Non Current Assets Total