Vraj Net Income vs Change In Working Capital Analysis

VRAJ Stock

222.40 0.60 0.27%

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

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have pay attention.

The correlation between Vraj Iron's Net Income and Change In Working Capital is -0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Vraj Iron and, assuming nothing else is changed. The correlation between historical values of Vraj Iron's Net Income and Change In Working Capital 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 Income of Vraj Iron and are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Vraj Iron's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Vraj Iron financial statement analysis. It represents the amount of money remaining after all of Vraj Iron and operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.

Most indicators from Vraj Iron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vraj Iron 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Vraj Iron and. 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 95.3 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	446.7M	749.2M	1.4B	1.4B
Total Revenue	4.1B	5.2B	4.2B	3.9B

Gross Profit Total Revenue

Vraj Iron 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Short Term Investments	Other Assets
Total Assets		-0.2	0.23	-0.57	0.99	0.83	-0.17	0.97	-0.68	-0.68	0.91	0.83	0.87	0.79	-0.66	0.01	0.63	0.54	-0.29	-0.32	0.92	-0.2	0.82	-0.03	0.86	-0.66
Short Long Term Debt Total	-0.2		-0.7	-0.4	-0.34	0.33	1.0	-0.41	0.51	0.61	0.18	-0.1	-0.2	-0.66	0.22	0.91	-0.72	-0.9	0.4	0.98	-0.54	-0.38	-0.07	-0.17	-0.16	0.22
Other Current Liab	0.23	-0.7		0.48	0.36	-0.18	-0.67	0.41	-0.65	-0.81	-0.03	-0.02	0.06	0.63	0.06	-0.79	0.64	0.68	0.05	-0.67	0.44	0.57	-0.06	0.3	0.0	0.06
Total Current Liabilities	-0.57	-0.4	0.48		-0.44	-0.87	-0.41	-0.38	0.02	-0.01	-0.79	-0.77	-0.72	-0.01	0.69	-0.72	0.19	0.22	0.41	-0.28	-0.27	0.8	-0.79	0.6	-0.76	0.69
Total Stockholder Equity	0.99	-0.34	0.36	-0.44		0.73	-0.31	1.0	-0.74	-0.76	0.84	0.77	0.83	0.87	-0.61	-0.15	0.72	0.66	-0.27	-0.44	0.97	-0.1	0.75	0.02	0.81	-0.61
Property Plant And Equipment Net	0.83	0.33	-0.18	-0.87	0.73		0.36	0.68	-0.37	-0.33	0.98	0.84	0.81	0.35	-0.64	0.55	0.15	-0.01	-0.23	0.18	0.55	-0.49	0.84	-0.26	0.82	-0.64
Net Debt	-0.17	1.0	-0.67	-0.41	-0.31	0.36		-0.37	0.47	0.57	0.22	-0.07	-0.17	-0.63	0.2	0.91	-0.7	-0.89	0.4	0.97	-0.51	-0.37	-0.04	-0.16	-0.13	0.2
Retained Earnings	0.97	-0.41	0.41	-0.38	1.0	0.68	-0.37		-0.75	-0.78	0.8	0.74	0.81	0.89	-0.58	-0.23	0.76	0.72	-0.27	-0.5	0.98	-0.06	0.72	0.05	0.78	-0.58
Accounts Payable	-0.68	0.51	-0.65	0.02	-0.74	-0.37	0.47	-0.75		0.95	-0.51	-0.62	-0.67	-0.91	0.56	0.46	-0.9	-0.62	0.41	0.65	-0.74	-0.49	-0.59	-0.5	-0.62	0.56
Cash	-0.68	0.61	-0.81	-0.01	-0.76	-0.33	0.57	-0.78	0.95		-0.48	-0.55	-0.61	-0.9	0.47	0.54	-0.85	-0.72	0.32	0.7	-0.77	-0.4	-0.51	-0.31	-0.56	0.47
Non Current Assets Total	0.91	0.18	-0.03	-0.79	0.84	0.98	0.22	0.8	-0.51	-0.48		0.86	0.85	0.51	-0.65	0.39	0.32	0.16	-0.23	0.04	0.68	-0.38	0.85	-0.16	0.85	-0.65
Non Currrent Assets Other	0.83	-0.1	-0.02	-0.77	0.77	0.84	-0.07	0.74	-0.62	-0.55	0.86		0.99	0.58	-0.95	0.22	0.44	0.27	-0.7	-0.28	0.67	-0.31	1.0	-0.15	1.0	-0.95
Cash And Short Term Investments	0.87	-0.2	0.06	-0.72	0.83	0.81	-0.17	0.81	-0.67	-0.61	0.85	0.99		0.66	-0.94	0.11	0.53	0.38	-0.69	-0.38	0.75	-0.28	0.99	-0.13	1.0	-0.94
Net Receivables	0.79	-0.66	0.63	-0.01	0.87	0.35	-0.63	0.89	-0.91	-0.9	0.51	0.58	0.66		-0.5	-0.57	0.97	0.85	-0.33	-0.75	0.93	0.36	0.55	0.39	0.62	-0.5
Common Stock Shares Outstanding	-0.66	0.22	0.06	0.69	-0.61	-0.64	0.2	-0.58	0.56	0.47	-0.65	-0.95	-0.94	-0.5		-0.13	-0.42	-0.26	0.89	0.4	-0.55	0.27	-0.95	0.15	-0.94	1.0
Non Current Liabilities Total	0.01	0.91	-0.79	-0.72	-0.15	0.55	0.91	-0.23	0.46	0.54	0.39	0.22	0.11	-0.57	-0.13		-0.69	-0.8	0.08	0.85	-0.37	-0.67	0.25	-0.45	0.17	-0.13
Inventory	0.63	-0.72	0.64	0.19	0.72	0.15	-0.7	0.76	-0.9	-0.85	0.32	0.44	0.53	0.97	-0.42	-0.69		0.85	-0.35	-0.8	0.82	0.55	0.42	0.57	0.48	-0.42
Other Current Assets	0.54	-0.9	0.68	0.22	0.66	-0.01	-0.89	0.72	-0.62	-0.72	0.16	0.27	0.38	0.85	-0.26	-0.8	0.85		-0.25	-0.89	0.82	0.27	0.24	0.18	0.34	-0.26
Other Stockholder Equity	-0.29	0.4	0.05	0.41	-0.27	-0.23	0.4	-0.27	0.41	0.32	-0.23	-0.7	-0.69	-0.33	0.89	0.08	-0.35	-0.25		0.55	-0.3	0.12	-0.7	0.11	-0.7	0.89
Total Liab	-0.32	0.98	-0.67	-0.28	-0.44	0.18	0.97	-0.5	0.65	0.7	0.04	-0.28	-0.38	-0.75	0.4	0.85	-0.8	-0.89	0.55		-0.62	-0.38	-0.26	-0.22	-0.34	0.4
Total Current Assets	0.92	-0.54	0.44	-0.27	0.97	0.55	-0.51	0.98	-0.74	-0.77	0.68	0.67	0.75	0.93	-0.55	-0.37	0.82	0.82	-0.3	-0.62		0.01	0.65	0.1	0.72	-0.55
Short Term Debt	-0.2	-0.38	0.57	0.8	-0.1	-0.49	-0.37	-0.06	-0.49	-0.4	-0.38	-0.31	-0.28	0.36	0.27	-0.67	0.55	0.27	0.12	-0.38	0.01		-0.33	0.92	-0.32	0.27
Common Stock	0.82	-0.07	-0.06	-0.79	0.75	0.84	-0.04	0.72	-0.59	-0.51	0.85	1.0	0.99	0.55	-0.95	0.25	0.42	0.24	-0.7	-0.26	0.65	-0.33		-0.16	0.99	-0.95
Current Deferred Revenue	-0.03	-0.17	0.3	0.6	0.02	-0.26	-0.16	0.05	-0.5	-0.31	-0.16	-0.15	-0.13	0.39	0.15	-0.45	0.57	0.18	0.11	-0.22	0.1	0.92	-0.16		-0.17	0.15
Short Term Investments	0.86	-0.16	0.0	-0.76	0.81	0.82	-0.13	0.78	-0.62	-0.56	0.85	1.0	1.0	0.62	-0.94	0.17	0.48	0.34	-0.7	-0.34	0.72	-0.32	0.99	-0.17		-0.94
Other Assets	-0.66	0.22	0.06	0.69	-0.61	-0.64	0.2	-0.58	0.56	0.47	-0.65	-0.95	-0.94	-0.5	1.0	-0.13	-0.42	-0.26	0.89	0.4	-0.55	0.27	-0.95	0.15	-0.94

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Vraj Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Vraj Iron fundamental ratios Correlations

Vraj Iron Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Non Currrent Assets Other
Short Term Investments	+ 1.0	Non Currrent Assets Other
Short Term Investments	+ 1.0	Cash And Short Term Investments
Other Assets	+ 1.0	Common Stock Shares Outstanding

Other Assets	- 0.95	Common Stock
Common Stock	- 0.95	Common Stock Shares Outstanding
Other Assets	- 0.95	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.95	Non Currrent Assets Other
Other Assets	- 0.94	Short Term Investments
Short Term Investments	- 0.94	Common Stock Shares Outstanding