Rajshree Retained Earnings vs Accounts Payable 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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rajshree Polypack Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Rajshree Polypack's Retained Earnings and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Rajshree Polypack Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Rajshree Polypack's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Accounts Payable

An accounting item on the balance sheet that represents Rajshree Polypack obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rajshree Polypack are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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