Vraj Net Receivables vs Retained Earnings Analysis

VRAJ Stock   217.80  2.74  1.27%   
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 Receivables and its Retained Earnings 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 Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Vraj Iron's Net Receivables and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings 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 Receivables 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 Net Receivables of Vraj Iron and 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 Net Receivables i.e., Vraj Iron's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

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 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 Profit446.7M749.2M1.4B1.4B
Total Revenue4.1B5.2B4.2B3.9B

Vraj Iron fundamental ratios Correlations

-0.20.23-0.570.990.83-0.170.97-0.68-0.680.910.830.870.78-0.660.010.80.54-0.29-0.320.92-0.20.82-0.70.86-0.66
-0.2-0.7-0.4-0.340.331.0-0.410.510.610.18-0.1-0.19-0.670.220.91-0.57-0.90.40.98-0.54-0.38-0.07-0.04-0.160.22
0.23-0.70.480.36-0.18-0.670.41-0.65-0.81-0.03-0.020.060.640.06-0.790.560.680.05-0.680.440.57-0.060.180.010.06
-0.57-0.40.48-0.44-0.87-0.41-0.380.02-0.01-0.79-0.77-0.730.010.69-0.72-0.040.220.41-0.28-0.270.8-0.790.93-0.760.69
0.99-0.340.36-0.440.73-0.311.0-0.74-0.760.840.770.830.86-0.61-0.150.860.66-0.27-0.440.97-0.10.75-0.620.81-0.61
0.830.33-0.18-0.870.730.360.68-0.37-0.330.980.840.810.34-0.640.550.4-0.01-0.230.180.55-0.490.84-0.830.82-0.64
-0.171.0-0.67-0.41-0.310.36-0.370.470.570.22-0.07-0.16-0.640.20.91-0.54-0.890.40.97-0.51-0.37-0.04-0.06-0.130.2
0.97-0.410.41-0.381.00.68-0.37-0.75-0.780.80.740.80.89-0.58-0.230.880.72-0.27-0.50.98-0.060.72-0.580.78-0.58
-0.680.51-0.650.02-0.74-0.370.47-0.750.95-0.51-0.62-0.66-0.910.560.46-0.93-0.620.410.65-0.74-0.49-0.590.26-0.620.56
-0.680.61-0.81-0.01-0.76-0.330.57-0.780.95-0.48-0.55-0.6-0.90.470.54-0.87-0.720.320.7-0.77-0.4-0.510.28-0.560.47
0.910.18-0.03-0.790.840.980.220.8-0.51-0.480.860.850.5-0.650.390.550.16-0.230.040.68-0.380.85-0.80.85-0.65
0.83-0.1-0.02-0.770.770.84-0.070.74-0.62-0.550.860.990.57-0.950.220.610.27-0.7-0.280.67-0.311.0-0.891.0-0.95
0.87-0.190.06-0.730.830.81-0.160.8-0.66-0.60.850.990.64-0.940.120.680.37-0.69-0.370.74-0.280.99-0.871.0-0.94
0.78-0.670.640.010.860.34-0.640.89-0.91-0.90.50.570.64-0.49-0.590.990.86-0.33-0.760.920.370.54-0.260.61-0.49
-0.660.220.060.69-0.61-0.640.2-0.580.560.47-0.65-0.95-0.94-0.49-0.13-0.53-0.260.890.4-0.550.27-0.950.83-0.941.0
0.010.91-0.79-0.72-0.150.550.91-0.230.460.540.390.220.12-0.59-0.13-0.5-0.80.080.85-0.37-0.670.25-0.420.17-0.13
0.8-0.570.56-0.040.860.4-0.540.88-0.93-0.870.550.610.680.99-0.53-0.50.78-0.35-0.680.910.390.59-0.280.65-0.53
0.54-0.90.680.220.66-0.01-0.890.72-0.62-0.720.160.270.370.86-0.26-0.80.78-0.25-0.890.820.270.24-0.110.34-0.26
-0.290.40.050.41-0.27-0.230.4-0.270.410.32-0.23-0.7-0.69-0.330.890.08-0.35-0.250.55-0.30.12-0.70.59-0.70.89
-0.320.98-0.68-0.28-0.440.180.97-0.50.650.70.04-0.28-0.37-0.760.40.85-0.68-0.890.55-0.62-0.38-0.260.09-0.340.4
0.92-0.540.44-0.270.970.55-0.510.98-0.74-0.770.680.670.740.92-0.55-0.370.910.82-0.3-0.620.010.65-0.50.72-0.55
-0.2-0.380.570.8-0.1-0.49-0.37-0.06-0.49-0.4-0.38-0.31-0.280.370.27-0.670.390.270.12-0.380.01-0.330.7-0.320.27
0.82-0.07-0.06-0.790.750.84-0.040.72-0.59-0.510.851.00.990.54-0.950.250.590.24-0.7-0.260.65-0.33-0.890.99-0.95
-0.7-0.040.180.93-0.62-0.83-0.06-0.580.260.28-0.8-0.89-0.87-0.260.83-0.42-0.28-0.110.590.09-0.50.7-0.89-0.890.83
0.86-0.160.01-0.760.810.82-0.130.78-0.62-0.560.851.01.00.61-0.940.170.650.34-0.7-0.340.72-0.320.99-0.89-0.94
-0.660.220.060.69-0.61-0.640.2-0.580.560.47-0.65-0.95-0.94-0.491.0-0.13-0.53-0.260.890.4-0.550.27-0.950.83-0.94
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Vraj Iron Account Relationship Matchups

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