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

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

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

The correlation between Roadzen's Total Current Assets and Non Current Liabilities Total is -0.92. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Liabilities 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 Total Current Assets and Non Current Liabilities 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 Total Current Assets of Roadzen are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Current Assets i.e., Roadzen's Total Current Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

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Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Current Liabilities Total

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 Total Current Assets vs Non Current Liabilities Total Analysis

Total Current Assets vs Non Current Liabilities Total

Total Current Assets vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Total Current Assets

Non Current Liabilities Total

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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COMPANY

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