Rajshree Net Borrowings vs Depreciation Analysis

RPPL Stock   38.87  0.10  0.26%   
Rajshree Polypack financial indicator trend analysis is much more than just breaking down Rajshree Polypack prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rajshree Polypack is a good investment. Please check the relationship between Rajshree Polypack Net Borrowings and its Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rajshree Polypack 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.

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rajshree Polypack Net Borrowings account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rajshree Polypack's Net Borrowings and Depreciation is 0.93. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation in the same time period over historical financial statements of Rajshree Polypack Limited, assuming nothing else is changed. The correlation between historical values of Rajshree Polypack's Net Borrowings and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Rajshree Polypack Limited are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Borrowings i.e., Rajshree Polypack's Net Borrowings and Depreciation go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Depreciation

Depreciation indicates how much of Rajshree Polypack value has been used up. For tax purposes Rajshree Polypack can deduct the cost of the tangible assets it purchases as business expenses. However, Rajshree Polypack Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Rajshree Polypack's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rajshree Polypack 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 Rajshree Polypack 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.
Selling General Administrative is likely to drop to about 32.2 M in 2024. Tax Provision is likely to drop to about 27.6 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue2.0B2.5B2.7B1.4B
Depreciation And Amortization110.4M139.2M155.5M163.2M

Rajshree Polypack fundamental ratios Correlations

0.760.550.870.960.970.660.90.940.10.88-0.04-0.560.10.980.790.130.520.850.570.80.840.980.830.80.67
0.760.510.930.610.770.970.780.71-0.30.930.28-0.38-0.370.710.51-0.340.780.960.570.410.980.690.970.570.77
0.550.510.710.570.530.40.70.440.260.71-0.31-0.290.130.520.530.220.020.63-0.040.460.630.530.640.480.78
0.870.930.710.790.860.840.920.83-0.020.980.04-0.47-0.090.850.66-0.060.560.980.560.630.980.840.980.690.84
0.960.610.570.790.90.490.910.890.250.81-0.08-0.570.310.960.830.350.280.770.450.90.720.980.720.790.67
0.970.770.530.860.90.680.870.960.030.88-0.14-0.58-0.030.950.780.050.60.840.570.740.850.920.810.850.61
0.660.970.40.840.490.680.670.62-0.520.850.41-0.33-0.490.610.38-0.430.850.90.50.270.920.560.910.430.71
0.90.780.70.920.910.870.670.870.130.950.0-0.550.130.910.770.180.350.920.460.790.870.90.880.740.85
0.940.710.440.830.890.960.620.870.080.83-0.14-0.60.090.960.790.150.530.790.660.780.80.920.760.80.53
0.1-0.30.26-0.020.250.03-0.520.130.08-0.08-0.65-0.020.650.140.290.5-0.61-0.140.050.43-0.160.21-0.120.33-0.08
0.880.930.710.980.810.880.850.950.83-0.080.08-0.49-0.130.850.68-0.060.570.980.480.640.970.830.970.720.87
-0.040.28-0.310.04-0.08-0.140.410.0-0.14-0.650.08-0.03-0.24-0.06-0.15-0.280.330.20.05-0.150.12-0.040.19-0.350.25
-0.56-0.38-0.29-0.47-0.57-0.58-0.33-0.55-0.6-0.02-0.49-0.03-0.32-0.61-0.68-0.45-0.31-0.41-0.43-0.51-0.46-0.6-0.42-0.28-0.43
0.1-0.370.13-0.090.31-0.03-0.490.130.090.65-0.13-0.24-0.320.160.340.94-0.65-0.190.030.56-0.230.27-0.20.01-0.04
0.980.710.520.850.960.950.610.910.960.140.85-0.06-0.610.160.810.190.460.820.590.790.810.980.790.760.65
0.790.510.530.660.830.780.380.770.790.290.68-0.15-0.680.340.810.380.210.610.330.830.60.820.610.730.52
0.13-0.340.22-0.060.350.05-0.430.180.150.5-0.06-0.28-0.450.940.190.38-0.58-0.15-0.070.55-0.190.28-0.180.010.03
0.520.780.020.560.280.60.850.350.53-0.610.570.33-0.31-0.650.460.21-0.580.620.580.040.690.390.630.350.31
0.850.960.630.980.770.840.90.920.79-0.140.980.2-0.41-0.190.820.61-0.150.620.520.590.980.810.990.670.86
0.570.57-0.040.560.450.570.50.460.660.050.480.05-0.430.030.590.33-0.070.580.520.440.590.590.540.420.15
0.80.410.460.630.90.740.270.790.780.430.64-0.15-0.510.560.790.830.550.040.590.440.530.870.550.760.47
0.840.980.630.980.720.850.920.870.8-0.160.970.12-0.46-0.230.810.6-0.190.690.980.590.530.780.990.650.8
0.980.690.530.840.980.920.560.90.920.210.83-0.04-0.60.270.980.820.280.390.810.590.870.780.780.760.65
0.830.970.640.980.720.810.910.880.76-0.120.970.19-0.42-0.20.790.61-0.180.630.990.540.550.990.780.630.85
0.80.570.480.690.790.850.430.740.80.330.72-0.35-0.280.010.760.730.010.350.670.420.760.650.760.630.42
0.670.770.780.840.670.610.710.850.53-0.080.870.25-0.43-0.040.650.520.030.310.860.150.470.80.650.850.42
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Rajshree Polypack Account Relationship Matchups

Rajshree Polypack fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.7B1.9B2.6B2.8B1.4B
Short Long Term Debt Total84.6M167.3M502.1M881.3M865.7M908.9M
Other Current Liab27.0M236.5M48.3M26.1M208.1M218.5M
Total Current Liabilities187.7M526.2M493.5M964.8M959.1M1.0B
Total Stockholder Equity1.0B1.1B1.2B1.3B1.5B813.7M
Property Plant And Equipment Net489.8M844.1M1.1B1.2B1.2B681.9M
Net Debt(174.7M)(86.1M)492.9M794.5M835.8M877.6M
Retained Earnings434.3M511.2M587.3M688.9M766.6M804.9M
Accounts Payable90.4M133.3M162.7M211.8M150.9M112.1M
Cash259.3M253.4M9.2M86.8M29.8M28.3M
Non Current Assets Total517.3M869.7M1.1B1.4B1.6B1.7B
Non Currrent Assets Other(1K)(896.1M)40.0M20.4M285.6M299.9M
Other Assets20.2M34.4M53.7M20.4M18.4M30.5M
Cash And Short Term Investments259.3M253.4M13.2M90.7M38.1M36.2M
Net Receivables228.1M263.2M291.2M412.9M408.4M228.4M
Common Stock Shares Outstanding47.9M58.2M67.4M68.5M72.4M57.2M
Short Term Investments155.8M233.8M4.0M3.9M8.3M7.8M
Liabilities And Stockholders Equity1.2B1.7B1.9B2.6B2.8B1.4B
Non Current Liabilities Total46.8M54.1M270.6M364M313.2M219.4M
Inventory127.3M200.1M427.5M662.6M715.4M751.2M
Other Current Assets98.2M43.4M65.0M494.2M71.5M114.9M
Total Liab234.5M580.2M764.1M1.3B1.3B1.3B
Total Current Assets721.6M791.9M797.0M1.2B1.2B647.8M
Accumulated Other Comprehensive Income434.3M804K600K114K15.7M14.9M
Short Term Debt70.3M151.9M268.6M562.4M600.0M630.0M
Intangible Assets6.6M8.7M11.5M9.7M7.9M5.2M
Current Deferred Revenue31.4M246.5M14.4M23.5M27.1M50.6M
Long Term Debt19.5M21.4M124.7M202.6M151.3M127.8M
Long Term Debt Total19.5M21.4M233.4M318.9M366.8M385.1M
Cash And Equivalents267.0M252.4M13.2M88.6M101.9M164.1M
Property Plant Equipment489.8M886.0M1.1B1.2B1.4B791.6M
Other Liab27.3M29.9M37.2M45.1M51.8M40.2M
Net Tangible Assets997.9M1.1B1.1B1.3B1.5B1.1B
Net Invested Capital1.1B1.2B1.5B2.0B2.3B1.6B
Short Long Term Debt65.1M145.9M259.2M536.8M583.3M612.5M
Net Working Capital533.9M265.8M303.4M280.7M274.3M266.3M

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