Reliance Current Deferred Revenue vs Total Assets Analysis

RIGD Stock

60.50 0.90 1.51%

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 Current Deferred Revenue and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Industries Ltd. 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Reliance Industries Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Reliance Industries' Current Deferred Revenue and Total Assets is 0.12. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Reliance Industries Ltd, assuming nothing else is changed. The correlation between historical values of Reliance Industries' Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Reliance Industries Ltd are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Reliance Industries' Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Reliance Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Reliance Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Ltd. 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 169.6 B in 2024, whereas Tax Provision is likely to drop slightly above 168 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	144.4B	195.7B	217.7B	228.6B
Depreciation And Amortization	297.8B	403.0B	508.3B	533.7B

Interest Expense Depreciation And Amortization

Reliance Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Term Debt	Current Deferred Revenue
Total Assets		0.8	0.5	0.92	0.98	0.97	0.72	0.83	0.97	0.6	1.0	0.67	0.94	0.54	0.95	0.72	0.97	0.94	0.73	-0.49	0.96	0.97	0.92	0.82	0.8	0.12
Short Long Term Debt Total	0.8		0.78	0.89	0.73	0.81	0.97	0.42	0.76	0.2	0.82	0.27	0.65	0.58	0.72	0.78	0.81	0.66	0.76	-0.17	0.86	0.71	0.64	0.92	0.93	0.48
Other Current Liab	0.5	0.78		0.77	0.36	0.61	0.88	0.06	0.44	-0.18	0.55	-0.11	0.25	0.24	0.3	0.52	0.57	0.28	0.47	-0.03	0.68	0.32	0.29	0.63	0.75	0.84
Total Current Liabilities	0.92	0.89	0.77		0.83	0.95	0.87	0.63	0.9	0.41	0.94	0.47	0.78	0.51	0.79	0.67	0.95	0.81	0.67	-0.41	0.99	0.83	0.8	0.84	0.89	0.43
Total Stockholder Equity	0.98	0.73	0.36	0.83		0.92	0.64	0.85	0.95	0.61	0.97	0.69	0.96	0.54	0.97	0.75	0.91	0.93	0.77	-0.45	0.88	0.97	0.89	0.79	0.74	-0.02
Property Plant And Equipment Net	0.97	0.81	0.61	0.95	0.92		0.76	0.79	0.96	0.53	0.98	0.6	0.88	0.49	0.87	0.67	0.98	0.9	0.68	-0.52	0.98	0.92	0.89	0.8	0.79	0.26
Net Debt	0.72	0.97	0.88	0.87	0.64	0.76		0.27	0.68	0.01	0.76	0.1	0.52	0.46	0.59	0.78	0.75	0.53	0.7	-0.08	0.82	0.59	0.52	0.85	0.88	0.65
Retained Earnings	0.83	0.42	0.06	0.63	0.85	0.79	0.27		0.83	0.88	0.81	0.9	0.91	0.39	0.83	0.32	0.82	0.91	0.42	-0.75	0.74	0.89	0.92	0.5	0.45	-0.29
Accounts Payable	0.97	0.76	0.44	0.9	0.95	0.96	0.68	0.83		0.63	0.97	0.7	0.91	0.57	0.9	0.63	0.96	0.95	0.65	-0.53	0.94	0.94	0.92	0.8	0.72	0.11
Cash	0.6	0.2	-0.18	0.41	0.61	0.53	0.01	0.88	0.63		0.56	0.94	0.76	0.4	0.66	0.01	0.61	0.78	0.2	-0.73	0.52	0.71	0.76	0.28	0.27	-0.48
Non Current Assets Total	1.0	0.82	0.55	0.94	0.97	0.98	0.76	0.81	0.97	0.56		0.63	0.92	0.52	0.93	0.72	0.98	0.92	0.72	-0.47	0.97	0.95	0.9	0.83	0.81	0.18
Non Currrent Assets Other	0.67	0.27	-0.11	0.47	0.69	0.6	0.1	0.9	0.7	0.94	0.63		0.81	0.39	0.67	0.13	0.65	0.79	0.27	-0.75	0.57	0.76	0.76	0.36	0.31	-0.43
Cash And Short Term Investments	0.94	0.65	0.25	0.78	0.96	0.88	0.52	0.91	0.91	0.76	0.92	0.81		0.54	0.95	0.64	0.89	0.95	0.7	-0.59	0.85	0.99	0.9	0.72	0.69	-0.16
Net Receivables	0.54	0.58	0.24	0.51	0.54	0.49	0.46	0.39	0.57	0.4	0.52	0.39	0.54		0.56	0.45	0.52	0.57	0.67	-0.16	0.52	0.6	0.45	0.71	0.6	-0.05
Common Stock Shares Outstanding	0.95	0.72	0.3	0.79	0.97	0.87	0.59	0.83	0.9	0.66	0.93	0.67	0.95	0.56		0.73	0.87	0.93	0.76	-0.4	0.84	0.96	0.9	0.78	0.75	-0.09
Short Term Investments	0.72	0.78	0.52	0.67	0.75	0.67	0.78	0.32	0.63	0.01	0.72	0.13	0.64	0.45	0.73		0.6	0.53	0.9	0.04	0.65	0.67	0.47	0.81	0.77	0.24
Non Current Liabilities Total	0.97	0.81	0.57	0.95	0.91	0.98	0.75	0.82	0.96	0.61	0.98	0.65	0.89	0.52	0.87	0.6		0.93	0.61	-0.55	0.99	0.93	0.93	0.77	0.79	0.22
Inventory	0.94	0.66	0.28	0.81	0.93	0.9	0.53	0.91	0.95	0.78	0.92	0.79	0.95	0.57	0.93	0.53	0.93		0.57	-0.58	0.88	0.97	0.98	0.69	0.69	-0.09
Other Current Assets	0.73	0.76	0.47	0.67	0.77	0.68	0.7	0.42	0.65	0.2	0.72	0.27	0.7	0.67	0.76	0.9	0.61	0.57		-0.08	0.65	0.73	0.48	0.87	0.76	0.14
Other Stockholder Equity	-0.49	-0.17	-0.03	-0.41	-0.45	-0.52	-0.08	-0.75	-0.53	-0.73	-0.47	-0.75	-0.59	-0.16	-0.4	0.04	-0.55	-0.58	-0.08		-0.49	-0.54	-0.56	-0.25	-0.21	0.32
Total Liab	0.96	0.86	0.68	0.99	0.88	0.98	0.82	0.74	0.94	0.52	0.97	0.57	0.85	0.52	0.84	0.65	0.99	0.88	0.65	-0.49		0.89	0.87	0.82	0.86	0.33
Total Current Assets	0.97	0.71	0.32	0.83	0.97	0.92	0.59	0.89	0.94	0.71	0.95	0.76	0.99	0.6	0.96	0.67	0.93	0.97	0.73	-0.54	0.89		0.92	0.77	0.74	-0.08
Intangible Assets	0.92	0.64	0.29	0.8	0.89	0.89	0.52	0.92	0.92	0.76	0.9	0.76	0.9	0.45	0.9	0.47	0.93	0.98	0.48	-0.56	0.87	0.92		0.63	0.65	-0.02
Common Stock	0.82	0.92	0.63	0.84	0.79	0.8	0.85	0.5	0.8	0.28	0.83	0.36	0.72	0.71	0.78	0.81	0.77	0.69	0.87	-0.25	0.82	0.77	0.63		0.89	0.28
Short Term Debt	0.8	0.93	0.75	0.89	0.74	0.79	0.88	0.45	0.72	0.27	0.81	0.31	0.69	0.6	0.75	0.77	0.79	0.69	0.76	-0.21	0.86	0.74	0.65	0.89		0.36
Current Deferred Revenue	0.12	0.48	0.84	0.43	-0.02	0.26	0.65	-0.29	0.11	-0.48	0.18	-0.43	-0.16	-0.05	-0.09	0.24	0.22	-0.09	0.14	0.32	0.33	-0.08	-0.02	0.28	0.36

Click cells to compare fundamentals

Reliance Industries Account Relationship Matchups

Reliance Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.7T	13.2T	15.0T	16.1T	17.6T	18.4T
Short Long Term Debt Total	3.4T	2.6T	2.8T	3.3T	3.5T	1.8T
Other Current Liab	1.8T	791.8B	680.6B	1.1T	850.3B	673.0B
Total Current Liabilities	4.1T	2.8T	3.1T	4.0T	4.0T	4.2T
Total Stockholder Equity	4.5T	7.0T	7.8T	7.2T	7.9T	8.3T
Property Plant And Equipment Net	5.0T	5.2T	5.7T	6.9T	7.6T	8.0T
Net Debt	3.1T	2.4T	2.3T	2.8T	2.5T	1.5T
Retained Earnings	329.7B	2.0T	2.5T	3.0T	6.3T	6.6T
Accounts Payable	968.0B	1.1T	1.6T	1.5T	1.8T	1.9T
Cash	258.0B	145.1B	335.1B	341.6B	972.3B	1.0T
Non Current Assets Total	9.1T	9.5T	11.5T	11.8T	12.9T	13.5T
Non Currrent Assets Other	228.4B	358.9B	433.7B	257.8B	1.2T	1.2T
Cash And Short Term Investments	1.2T	1.7T	1.5T	1.6T	2.2T	2.3T
Net Receivables	196.6B	190.1B	236.4B	284.5B	316.3B	162.7B
Common Stock Shares Outstanding	3.1B	3.3B	3.3B	3.4B	3.4B	3.3B
Short Term Investments	919.2B	1.6T	1.2T	1.3T	727.1B	572.2B
Liabilities And Stockholders Equity	11.7T	13.2T	15.0T	16.1T	17.6T	18.4T
Non Current Liabilities Total	2.9T	2.4T	3.0T	3.8T	4.3T	4.5T
Inventory	739.0B	816.7B	1.1T	1.4T	1.5T	1.6T
Other Current Assets	608.7B	1.0T	713.1B	697.0B	699.6B	372.8B
Other Stockholder Equity	614.0B	745.1B	1.1T	997.9B	(1.9T)	(1.8T)
Total Liab	7.0T	5.2T	6.1T	7.8T	8.3T	8.7T
Total Current Assets	2.6T	3.7T	3.5T	4.3T	4.7T	4.9T
Intangible Assets	1.4T	1.3T	2.2T	3.2T	3.5T	3.6T
Common Stock	63.4B	64.5B	67.7B	67.7B	77.8B	41.6B
Short Term Debt	1.4T	894.9B	812.7B	1.3T	1.1T	742.2B
Good Will	102.6B	102.1B	130.1B	152.7B	149.9B	105.7B
Other Liab	865.1B	735.8B	1.0T	1.8T	2.1T	1.1T
Net Tangible Assets	3.0T	5.6T	5.5T	6.9T	7.9T	4.7T
Other Assets	620.4B	686.1B	662.0B	2.4T	2.8T	2.9T
Long Term Debt	2.0T	1.6T	1.9T	1.8T	2.2T	2.1T
Net Invested Capital	7.9T	9.5T	10.5T	11.4T	11.2T	9.8T
Short Long Term Debt	1.4T	881.3B	786.1B	1.3T	1.0T	1.1T
Non Current Liabilities Other	193.0B	193.4B	377.9B	1.1T	1.1T	1.2T
Net Working Capital	(1.5T)	954.4B	383.6B	454.4B	727.3B	763.7B
Property Plant Equipment	5.0T	5.2T	5.7T	6.9T	7.9T	5.9T
Capital Stock	63.4B	64.5B	67.7B	67.7B	77.8B	71.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Reliance Stock Analysis

When running Reliance Industries' price analysis, check to measure Reliance Industries' 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 Reliance Industries is operating at the current time. Most of Reliance Industries' value examination focuses on studying past and present price action to predict the probability of Reliance Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Industries' price. Additionally, you may evaluate how the addition of Reliance Industries to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Reliance Current Deferred Revenue vs Total Assets Analysis

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

Correlation Coefficient

Current Deferred Revenue

Total Assets

Reliance Industries fundamental ratios Correlations

Reliance Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Reliance Industries fundamental ratios Accounts

Also Currently Popular

Additional Tools for Reliance Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash And Short Term Investments
Total Liab	+ 0.99	Non Current Liabilities Total
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.75	Non Currrent Assets Other
Other Stockholder Equity	- 0.75	Retained Earnings
Other Stockholder Equity	- 0.73	Cash
Other Stockholder Equity	- 0.59	Cash And Short Term Investments
Other Stockholder Equity	- 0.58	Inventory
Intangible Assets	- 0.56	Other Stockholder Equity