Vraj Selling General Administrative vs Total Current Liabilities 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 Selling General Administrative and its Total Current Liabilities 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.

Selling General Administrative vs Total Current Liabilities

Selling General Administrative vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vraj Iron Selling General Administrative account and Total Current Liabilities. At this time, the significance of the direction appears to have pay attention.
The correlation between Vraj Iron's Selling General Administrative and Total Current Liabilities is -0.88. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Current Liabilities 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 Selling General Administrative and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Vraj Iron and are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Selling General Administrative i.e., Vraj Iron's Selling General Administrative and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Selling General Administrative

Total Current Liabilities

Total Current Liabilities is an item on Vraj Iron balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Vraj Iron and are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

Vraj Iron Account Relationship Matchups

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.

Additional Tools for Vraj Stock Analysis

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