Roadzen Non Current Liabilities Total vs Non Current Assets Total 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 Non Current Liabilities Total and its Non Current Assets Total 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.

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Roadzen Non Current Liabilities Total account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.

The correlation between Roadzen's Non Current Liabilities Total and Non Current Assets Total is 0.73. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Roadzen, assuming nothing else is changed. The correlation between historical values of Roadzen's Non Current Liabilities Total and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Roadzen are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Non Current Liabilities Total i.e., Roadzen's Non Current Liabilities Total and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

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Non Current Liabilities Total

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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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Roadzen Non Current Liabilities Total vs Non Current Assets Total Analysis

Non Current Liabilities Total vs Non Current Assets Total

Non Current Liabilities Total vs Non Current Assets Total Correlation Analysis

Correlation Coefficient

Non Current Liabilities Total

Non Current Assets Total

Roadzen fundamental ratios Correlations

Roadzen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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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