RHI Change In Working Capital vs Capital Expenditures Analysis

RHIM Stock

513.60 19.60 3.68%

RHI MAGNESITA financial indicator trend analysis is much more than just breaking down RHI MAGNESITA INDIA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RHI MAGNESITA INDIA is a good investment. Please check the relationship between RHI MAGNESITA Change In Working Capital and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RHI MAGNESITA INDIA. 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.

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RHI MAGNESITA INDIA Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between RHI MAGNESITA's Change In Working Capital and Capital Expenditures is -0.6. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of RHI MAGNESITA INDIA, assuming nothing else is changed. The correlation between historical values of RHI MAGNESITA's Change In Working Capital and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of RHI MAGNESITA INDIA are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., RHI MAGNESITA's Change In Working Capital and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Capital Expenditures

Capital Expenditures are funds used by RHI MAGNESITA INDIA to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of RHI MAGNESITA operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from RHI MAGNESITA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RHI MAGNESITA INDIA 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 RHI MAGNESITA INDIA. 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 gain to about 524.5 M in 2024, whereas Tax Provision is likely to drop slightly above 649.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	21.6M	394.7M	641.5M	673.6M
Depreciation And Amortization	338.3M	709.0M	1.9B	2.0B

Interest Expense Depreciation And Amortization

RHI MAGNESITA fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Property Plant And Equipment Net	Current Deferred Revenue	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Short Term Debt	Short Term Investments	Intangible Assets
Total Assets		0.88	0.97	0.87	0.28	0.93	0.59	0.54	0.57	0.92	0.98	0.66	0.78	0.86	0.99	0.55	0.99	0.24	0.97	0.99	0.97	0.99	0.95	0.68	-0.16	0.98
Total Current Liabilities	0.88		0.74	0.96	0.33	0.9	0.82	0.77	0.48	0.99	0.87	0.61	0.96	0.92	0.83	0.88	0.86	0.22	0.81	0.82	0.84	0.9	0.7	0.94	-0.12	0.81
Total Stockholder Equity	0.97	0.74		0.75	0.25	0.87	0.43	0.39	0.57	0.81	0.95	0.63	0.62	0.76	0.99	0.34	0.97	0.22	0.96	0.98	0.95	0.95	0.98	0.5	-0.17	0.97
Net Debt	0.87	0.96	0.75		0.09	0.81	0.71	0.68	0.37	0.97	0.82	0.54	0.96	0.95	0.82	0.85	0.89	0.22	0.77	0.85	0.79	0.87	0.75	0.93	-0.09	0.86
Retained Earnings	0.28	0.33	0.25	0.09		0.58	0.42	0.44	0.52	0.31	0.45	0.4	0.16	0.17	0.31	0.2	0.15	-0.01	0.46	0.16	0.46	0.37	0.06	0.13	0.02	0.08
Accounts Payable	0.93	0.9	0.87	0.81	0.58		0.7	0.65	0.66	0.92	0.98	0.7	0.77	0.82	0.93	0.62	0.88	0.15	0.96	0.87	0.97	0.97	0.78	0.7	-0.18	0.84
Cash	0.59	0.82	0.43	0.71	0.42	0.7		0.9	0.45	0.78	0.62	0.45	0.81	0.64	0.55	0.83	0.55	-0.07	0.56	0.51	0.56	0.65	0.35	0.83	-0.23	0.49
Cash And Short Term Investments	0.54	0.77	0.39	0.68	0.44	0.65	0.9		0.42	0.73	0.58	0.44	0.79	0.63	0.49	0.79	0.51	0.01	0.51	0.46	0.5	0.59	0.31	0.79	0.21	0.45
Common Stock Shares Outstanding	0.57	0.48	0.57	0.37	0.52	0.66	0.45	0.42		0.5	0.63	0.94	0.39	0.4	0.58	0.23	0.51	-0.06	0.64	0.51	0.6	0.59	0.46	0.29	-0.11	0.48
Total Liab	0.92	0.99	0.81	0.97	0.31	0.92	0.78	0.73	0.5		0.91	0.63	0.95	0.93	0.89	0.82	0.91	0.23	0.86	0.88	0.89	0.94	0.77	0.9	-0.14	0.87
Total Current Assets	0.98	0.87	0.95	0.82	0.45	0.98	0.62	0.58	0.63	0.91		0.7	0.75	0.83	0.98	0.54	0.95	0.24	0.99	0.95	0.99	0.99	0.89	0.65	-0.15	0.92
Common Stock	0.66	0.61	0.63	0.54	0.4	0.7	0.45	0.44	0.94	0.63	0.7		0.54	0.5	0.64	0.37	0.61	0.14	0.67	0.6	0.67	0.66	0.56	0.44	-0.06	0.59
Short Long Term Debt Total	0.78	0.96	0.62	0.96	0.16	0.77	0.81	0.79	0.39	0.95	0.75	0.54		0.9	0.72	0.92	0.78	0.17	0.68	0.73	0.7	0.8	0.61	0.98	-0.05	0.74
Other Current Liab	0.86	0.92	0.76	0.95	0.17	0.82	0.64	0.63	0.4	0.93	0.83	0.5	0.9		0.83	0.78	0.87	0.15	0.79	0.84	0.8	0.87	0.74	0.86	-0.04	0.84
Property Plant And Equipment Net	0.99	0.83	0.99	0.82	0.31	0.93	0.55	0.49	0.58	0.89	0.98	0.64	0.72	0.83		0.48	0.98	0.21	0.98	0.99	0.98	0.99	0.95	0.61	-0.2	0.97
Current Deferred Revenue	0.55	0.88	0.34	0.85	0.2	0.62	0.83	0.79	0.23	0.82	0.54	0.37	0.92	0.78	0.48		0.54	0.15	0.45	0.47	0.49	0.59	0.31	0.97	-0.07	0.48
Non Current Assets Total	0.99	0.86	0.97	0.89	0.15	0.88	0.55	0.51	0.51	0.91	0.95	0.61	0.78	0.87	0.98	0.54		0.23	0.94	1.0	0.94	0.97	0.97	0.69	-0.17	1.0
Non Currrent Assets Other	0.24	0.22	0.22	0.22	-0.01	0.15	-0.07	0.01	-0.06	0.23	0.24	0.14	0.17	0.15	0.21	0.15	0.23		0.13	0.25	0.25	0.19	0.26	0.15	0.18	0.24
Net Receivables	0.97	0.81	0.96	0.77	0.46	0.96	0.56	0.51	0.64	0.86	0.99	0.67	0.68	0.79	0.98	0.45	0.94	0.13		0.94	0.99	0.98	0.9	0.57	-0.19	0.91
Non Current Liabilities Total	0.99	0.82	0.98	0.85	0.16	0.87	0.51	0.46	0.51	0.88	0.95	0.6	0.73	0.84	0.99	0.47	1.0	0.25	0.94		0.94	0.96	0.98	0.63	-0.19	0.99
Inventory	0.97	0.84	0.95	0.79	0.46	0.97	0.56	0.5	0.6	0.89	0.99	0.67	0.7	0.8	0.98	0.49	0.94	0.25	0.99	0.94		0.98	0.89	0.6	-0.2	0.91
Other Current Assets	0.99	0.9	0.95	0.87	0.37	0.97	0.65	0.59	0.59	0.94	0.99	0.66	0.8	0.87	0.99	0.59	0.97	0.19	0.98	0.96	0.98		0.9	0.71	-0.21	0.94
Other Stockholder Equity	0.95	0.7	0.98	0.75	0.06	0.78	0.35	0.31	0.46	0.77	0.89	0.56	0.61	0.74	0.95	0.31	0.97	0.26	0.9	0.98	0.89	0.9		0.48	-0.16	0.98
Short Term Debt	0.68	0.94	0.5	0.93	0.13	0.7	0.83	0.79	0.29	0.9	0.65	0.44	0.98	0.86	0.61	0.97	0.69	0.15	0.57	0.63	0.6	0.71	0.48		-0.07	0.64
Short Term Investments	-0.16	-0.12	-0.17	-0.09	0.02	-0.18	-0.23	0.21	-0.11	-0.14	-0.15	-0.06	-0.05	-0.04	-0.2	-0.07	-0.17	0.18	-0.19	-0.19	-0.2	-0.21	-0.16	-0.07		-0.17
Intangible Assets	0.98	0.81	0.97	0.86	0.08	0.84	0.49	0.45	0.48	0.87	0.92	0.59	0.74	0.84	0.97	0.48	1.0	0.24	0.91	0.99	0.91	0.94	0.98	0.64	-0.17

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RHI MAGNESITA Account Relationship Matchups

RHI MAGNESITA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8B	12.6B	16.7B	58.9B	51.2B	53.7B
Total Current Liabilities	1.5B	3.9B	6.1B	25.3B	8.8B	9.3B
Total Stockholder Equity	4.3B	8.1B	10.3B	28.9B	38.5B	40.4B
Net Debt	(440.1M)	(930.0M)	25.0M	12.7B	4.4B	4.6B
Retained Earnings	3.3B	6.2B	8.5B	3.4B	2.1B	2.6B
Accounts Payable	2.4B	3.5B	5.3B	8.4B	5.8B	6.1B
Cash	1.1B	1.6B	622.1M	3.2B	500.3M	760.2M
Cash And Short Term Investments	1.2B	1.6B	628.1M	3.3B	507.9M	945.7M
Liabilities And Stockholders Equity	5.8B	12.6B	16.7B	58.9B	51.2B	53.7B
Total Liab	1.5B	4.5B	6.5B	29.1B	12.7B	13.3B
Total Current Assets	4.4B	9.6B	13.4B	25.6B	22.0B	23.1B
Other Current Liab	342.9M	426.0M	90.7M	4.0B	1.7B	1.8B
Property Plant And Equipment Net	1.4B	2.9B	3.1B	9.2B	9.3B	9.7B
Current Deferred Revenue	76.6M	375.8M	418.3M	3.8B	(16.6M)	(15.7M)
Non Current Assets Total	1.4B	3.0B	3.4B	33.4B	29.2B	30.6B
Non Currrent Assets Other	(2.4B)	118.4M	286.5M	325.4M	292.1M	306.7M
Net Receivables	3.9B	4.3B	6.4B	10.4B	10.7B	11.2B
Non Current Liabilities Total	12.6M	626.8M	394.0M	3.8B	3.9B	4.0B
Inventory	1.3B	3.5B	6.1B	9.6B	9.1B	9.5B
Other Current Assets	425.2M	576.8M	787.9M	2.2B	1.7B	1.8B
Short Term Debt	130.0M	7.0M	267.8M	12.6B	1.3B	1.2B
Short Term Investments	10M	15M	6M	110.1M	7.6M	7.2M
Intangible Assets	972K	36.6M	56.3M	10.9B	10.7B	11.2B
Other Liab	7.3M	9.9M	14.7M	556.6M	640.1M	672.1M
Net Tangible Assets	7.0B	8.0B	10.2B	5.2B	5.9B	6.9B
Other Assets	91.6M	138.1M	198.8M	341.7M	1.0	0.95
Net Invested Capital	4.3B	8.7B	10.9B	43.8B	42.1B	44.2B
Non Current Liabilities Other	7.3M	9.9M	14.7M	15.8M	19.1M	12.6M
Net Working Capital	2.9B	5.7B	7.3B	286.2M	13.1B	13.8B
Property Plant Equipment	2.4B	2.9B	3.1B	9.2B	10.6B	11.1B

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RHI Change In Working Capital vs Capital Expenditures Analysis

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Working Capital

Capital Expenditures

RHI MAGNESITA fundamental ratios Correlations

RHI MAGNESITA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RHI MAGNESITA fundamental ratios Accounts

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Additional Tools for RHI Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Intangible Assets	+ 1.0	Non Current Assets Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Other Current Assets	+ 0.99	Total Assets

Short Term Investments	- 0.23	Cash
Short Term Investments	- 0.21	Other Current Assets
Short Term Investments	- 0.2	Inventory
Short Term Investments	- 0.2	Property Plant And Equipment Net
Short Term Investments	- 0.19	Non Current Liabilities Total
Short Term Investments	- 0.19	Net Receivables