Reliance Inventory vs Retained Earnings Analysis

RIGD Stock

USD 56.00 0.20 0.36%

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

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Industries Inventory account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Reliance Industries' Inventory and Retained Earnings is 0.87. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Reliance Industries Limited, assuming nothing else is changed. The correlation between historical values of Reliance Industries' Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Reliance Industries Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., Reliance Industries' Inventory and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from Reliance Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Reliance Industries 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 Reliance Industries Limited. 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.

Enterprise Value is expected to rise to about 21.3 T this year, although the value of Tax Provision will most likely fall to about 168 B.

	2022	2023	2024	2025 (projected)
Gross Profit	2.5T	2.3T	2.6T	1.8T
Total Revenue	8.8T	9.0T	10.4T	7.1T

Gross Profit Total Revenue

Reliance Industries fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets
Total Assets		-0.56	0.74	0.98	0.94	0.88	0.03	0.88	0.9	0.89	1.0	0.97	0.63	0.87	0.6	0.96	0.84	0.92	0.96	0.97	0.97	0.49	0.91	0.99	0.71	0.99
Other Current Liab	-0.56		0.09	-0.67	-0.36	-0.68	0.38	-0.63	-0.57	-0.43	-0.54	-0.63	-0.27	-0.32	-0.64	-0.51	-0.59	-0.67	-0.37	-0.49	-0.53	-0.19	-0.22	-0.6	0.06	-0.58
Total Current Liabilities	0.74	0.09		0.62	0.84	0.46	0.15	0.58	0.68	0.81	0.75	0.62	0.45	0.8	0.15	0.72	0.67	0.51	0.85	0.78	0.72	0.3	0.94	0.69	0.86	0.71
Total Stockholder Equity	0.98	-0.67	0.62		0.87	0.94	0.02	0.87	0.86	0.83	0.98	0.99	0.66	0.8	0.67	0.93	0.81	0.96	0.89	0.93	0.94	0.52	0.82	0.99	0.65	0.98
Other Liab	0.94	-0.36	0.84	0.87		0.73	-0.05	0.8	0.92	0.9	0.94	0.84	0.59	0.84	0.43	0.89	0.79	0.77	0.98	0.99	0.93	0.48	0.96	0.89	0.7	0.93
Net Tangible Assets	0.88	-0.68	0.46	0.94	0.73		0.1	0.67	0.67	0.71	0.88	0.93	0.82	0.62	0.67	0.83	0.67	0.96	0.73	0.79	0.86	0.71	0.66	0.92	0.64	0.88
Net Debt	0.03	0.38	0.15	0.02	-0.05	0.1		-0.12	-0.26	-0.17	0.05	0.1	0.18	0.25	0.03	0.2	-0.3	0.06	0.07	-0.1	0.12	0.2	0.1	0.08	0.43	-0.01
Retained Earnings	0.88	-0.63	0.58	0.87	0.8	0.67	-0.12		0.9	0.78	0.88	0.87	0.21	0.82	0.64	0.85	0.84	0.79	0.85	0.87	0.82	0.06	0.78	0.87	0.42	0.89
Accounts Payable	0.9	-0.57	0.68	0.86	0.92	0.67	-0.26	0.9		0.85	0.9	0.83	0.38	0.8	0.4	0.85	0.85	0.71	0.91	0.96	0.87	0.25	0.86	0.86	0.44	0.89
Cash	0.89	-0.43	0.81	0.83	0.9	0.71	-0.17	0.78	0.85		0.89	0.81	0.53	0.82	0.45	0.84	0.87	0.75	0.9	0.9	0.86	0.33	0.9	0.86	0.69	0.88
Non Current Assets Total	1.0	-0.54	0.75	0.98	0.94	0.88	0.05	0.88	0.9	0.89		0.97	0.63	0.87	0.57	0.96	0.84	0.9	0.96	0.97	0.97	0.49	0.92	0.99	0.72	0.98
Non Currrent Assets Other	0.97	-0.63	0.62	0.99	0.84	0.93	0.1	0.87	0.83	0.81	0.97		0.63	0.8	0.66	0.93	0.78	0.95	0.87	0.9	0.92	0.49	0.81	0.99	0.68	0.96
Other Assets	0.63	-0.27	0.45	0.66	0.59	0.82	0.18	0.21	0.38	0.53	0.63	0.63		0.35	0.31	0.56	0.36	0.68	0.53	0.57	0.64	0.96	0.52	0.65	0.71	0.61
Long Term Debt	0.87	-0.32	0.8	0.8	0.84	0.62	0.25	0.82	0.8	0.82	0.87	0.8	0.35		0.49	0.95	0.78	0.7	0.94	0.84	0.91	0.19	0.92	0.85	0.68	0.84
Net Receivables	0.6	-0.64	0.15	0.67	0.43	0.67	0.03	0.64	0.4	0.45	0.57	0.66	0.31	0.49		0.59	0.59	0.82	0.48	0.49	0.58	0.22	0.38	0.65	0.3	0.68
Good Will	0.96	-0.51	0.72	0.93	0.89	0.83	0.2	0.85	0.85	0.84	0.96	0.93	0.56	0.95	0.59		0.79	0.86	0.95	0.91	0.99	0.42	0.9	0.96	0.69	0.94
Common Stock Shares Outstanding	0.84	-0.59	0.67	0.81	0.79	0.67	-0.3	0.84	0.85	0.87	0.84	0.78	0.36	0.78	0.59	0.79		0.76	0.82	0.84	0.8	0.18	0.8	0.82	0.52	0.85
Short Term Investments	0.92	-0.67	0.51	0.96	0.77	0.96	0.06	0.79	0.71	0.75	0.9	0.95	0.68	0.7	0.82	0.86	0.76		0.79	0.83	0.87	0.55	0.71	0.95	0.65	0.94
Non Current Liabilities Total	0.96	-0.37	0.85	0.89	0.98	0.73	0.07	0.85	0.91	0.9	0.96	0.87	0.53	0.94	0.48	0.95	0.82	0.79		0.97	0.96	0.39	0.98	0.92	0.72	0.94
Inventory	0.97	-0.49	0.78	0.93	0.99	0.79	-0.1	0.87	0.96	0.9	0.97	0.9	0.57	0.84	0.49	0.91	0.84	0.83	0.97		0.94	0.45	0.94	0.94	0.65	0.97
Other Current Assets	0.97	-0.53	0.72	0.94	0.93	0.86	0.12	0.82	0.87	0.86	0.97	0.92	0.64	0.91	0.58	0.99	0.8	0.87	0.96	0.94		0.51	0.91	0.96	0.68	0.95
Other Stockholder Equity	0.49	-0.19	0.3	0.52	0.48	0.71	0.2	0.06	0.25	0.33	0.49	0.49	0.96	0.19	0.22	0.42	0.18	0.55	0.39	0.45	0.51		0.37	0.51	0.57	0.47
Total Liab	0.91	-0.22	0.94	0.82	0.96	0.66	0.1	0.78	0.86	0.9	0.92	0.81	0.52	0.92	0.38	0.9	0.8	0.71	0.98	0.94	0.91	0.37		0.87	0.8	0.89
Net Invested Capital	0.99	-0.6	0.69	0.99	0.89	0.92	0.08	0.87	0.86	0.86	0.99	0.99	0.65	0.85	0.65	0.96	0.82	0.95	0.92	0.94	0.96	0.51	0.87		0.71	0.98
Short Long Term Debt	0.71	0.06	0.86	0.65	0.7	0.64	0.43	0.42	0.44	0.69	0.72	0.68	0.71	0.68	0.3	0.69	0.52	0.65	0.72	0.65	0.68	0.57	0.8	0.71		0.68
Total Current Assets	0.99	-0.58	0.71	0.98	0.93	0.88	-0.01	0.89	0.89	0.88	0.98	0.96	0.61	0.84	0.68	0.94	0.85	0.94	0.94	0.97	0.95	0.47	0.89	0.98	0.68

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Reliance Industries Account Relationship Matchups

Reliance Industries fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	13.2T	15.0T	17.1T	17.6T	20.2T	14.6T
Other Current Liab	750.5B	639.2B	1.1T	1.1T	985.3B	900.8B
Total Current Liabilities	2.8T	3.1T	4.0T	4.0T	4.6T	3.8T
Total Stockholder Equity	7.0T	7.8T	8.2T	7.9T	9.1T	6.6T
Other Liab	735.8B	1.0T	1.8T	1.9T	2.2T	1.2T
Net Tangible Assets	5.6T	5.5T	6.9T	4.3T	5.0T	4.7T
Net Debt	2.4T	2.3T	2.4T	2.3T	2.0T	2.0T
Retained Earnings	4.6T	5.2T	3.0T	6.3T	7.3T	4.3T
Accounts Payable	1.1T	1.6T	1.5T	1.8T	2.1T	1.4T
Cash	145.1B	335.1B	747.1B	972.3B	1.1T	1.2T
Non Current Assets Total	9.5T	11.5T	12.7T	12.9T	14.8T	11.0T
Non Currrent Assets Other	358.9B	433.7B	409.8B	430.9B	495.5B	307.6B
Other Assets	686.1B	662.0B	2.4T	475.4B	546.8B	837.5B
Long Term Debt	1.6T	1.9T	1.8T	2.2T	2.6T	2.1T
Net Receivables	589.2B	237.7B	286.7B	341.5B	392.7B	340.2B
Good Will	102.1B	130.1B	136.6B	149.9B	172.4B	125.6B
Common Stock Shares Outstanding	6.8B	6.8B	6.8B	6.8B	7.8B	7.3B
Short Term Investments	1.6T	1.2T	1.5T	1.3T	1.5T	1.2T
Non Current Liabilities Total	2.4T	3.0T	3.8T	4.3T	5.0T	3.4T
Inventory	816.7B	1.1T	1.4T	1.5T	1.8T	1.1T
Other Current Assets	491B	585.7B	698.8B	674.4B	775.6B	593.5B
Other Stockholder Equity	1.6T	1.4T	8.1T	539.8B	620.7B	589.7B
Total Liab	5.2T	6.1T	7.8T	8.3T	9.5T	7.2T
Net Invested Capital	9.5T	10.5T	11.4T	11.2T	12.9T	9.8T
Short Long Term Debt	881.3B	786.1B	1.3T	1.0T	1.2T	1.1T
Total Current Assets	3.7T	3.5T	4.4T	4.7T	5.4T	3.6T
Non Current Liabilities Other	193.4B	377.9B	1.1T	1.1T	1.3T	1.4T
Net Working Capital	954.4B	383.6B	454.4B	727.3B	836.4B	878.3B
Intangible Assets	1.3T	2.2T	3.2T	3.5T	4.0T	2.1T
Common Stock	63.4B	64.5B	67.7B	67.7B	77.8B	70.6B
Property Plant Equipment	5.2T	5.7T	6.9T	7.6T	8.7T	6.2T
Capital Stock	63.4B	64.5B	67.7B	67.7B	77.8B	71.5B
Property Plant And Equipment Net	5.2T	5.7T	6.9T	7.6T	8.7T	6.7T
Capital Lease Obligations	83.1B	156.7B	204.3B	215.2B	247.5B	164.2B
Property Plant And Equipment Gross	6.9T	7.6T	6.9T	7.6T	8.7T	7.8T

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Other Information on Investing in Reliance Stock

Balance Sheet is a snapshot of the financial position of Reliance Industries at a specified time, usually calculated after every quarter, six months, or one year. Reliance Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Reliance Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Reliance currently owns. An asset can also be divided into two categories, current and non-current.

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Reliance Inventory vs Retained Earnings Analysis

Inventory vs Retained Earnings

Inventory vs Retained Earnings Correlation Analysis

Correlation Coefficient

Inventory

Retained Earnings

Reliance Industries fundamental ratios Correlations

Reliance Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Industries fundamental ratios Accounts

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Other Information on Investing in Reliance Stock

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Non Current Assets Total	+ 1.0	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Currrent Assets Other	+ 0.99	Total Stockholder Equity
Net Invested Capital	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Other Liab

Net Tangible Assets	- 0.68	Other Current Liab
Short Term Investments	- 0.67	Other Current Liab
Total Stockholder Equity	- 0.67	Other Current Liab
Net Receivables	- 0.64	Other Current Liab
Non Currrent Assets Other	- 0.63	Other Current Liab
Retained Earnings	- 0.63	Other Current Liab