Ankit Retained Earnings vs Total Stockholder Equity Analysis

ANKITMETAL

3.40 0.10 2.86%

Ankit Metal financial indicator trend analysis is way more than just evaluating Ankit Metal Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ankit Metal Power is a good investment. Please check the relationship between Ankit Metal Retained Earnings and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ankit Metal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ankit Metal Power Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.

The correlation between Ankit Metal's Retained Earnings and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Ankit Metal Power, assuming nothing else is changed. The correlation between historical values of Ankit Metal's Retained Earnings and Total Stockholder Equity 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 Ankit Metal Power are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Ankit Metal's Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Ankit Metal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ankit Metal Power 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ankit Metal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

As of December 1, 2024, Selling General Administrative is expected to decline to about 7.7 M

Ankit Metal 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	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	Non Currrent Assets Other	Current Deferred Revenue	Intangible Assets	Other Liab
Total Assets		0.58	-0.1	0.1	0.27	0.91	0.55	0.13	0.35	0.51	0.9	0.45	0.72	0.53	0.66	0.63	0.84	0.67	0.44	0.95	0.03	0.55	0.1	-0.19	-0.23	-0.36
Short Long Term Debt Total	0.58		0.45	0.68	-0.57	0.28	1.0	-0.67	0.91	-0.34	0.27	-0.06	-0.05	0.94	0.22	0.93	0.58	0.92	0.96	0.73	0.64	0.95	0.01	0.63	-0.86	-0.15
Other Current Liab	-0.1	0.45		0.92	-0.82	-0.26	0.47	-0.82	0.59	-0.64	-0.26	-0.62	-0.68	0.55	-0.66	0.43	-0.03	0.46	0.6	0.03	0.92	0.53	-0.37	0.78	-0.67	0.62
Total Current Liabilities	0.1	0.68	0.92		-0.87	-0.12	0.69	-0.9	0.8	-0.63	-0.13	-0.45	-0.58	0.75	-0.51	0.65	0.08	0.67	0.79	0.25	0.99	0.74	-0.21	0.84	-0.84	0.51
Total Stockholder Equity	0.27	-0.57	-0.82	-0.87		0.51	-0.59	0.99	-0.74	0.91	0.51	0.58	0.83	-0.6	0.56	-0.47	0.16	-0.44	-0.7	0.06	-0.88	-0.58	0.16	-0.93	0.84	-0.39
Property Plant And Equipment Net	0.91	0.28	-0.26	-0.12	0.51		0.26	0.38	0.03	0.69	1.0	0.54	0.78	0.29	0.62	0.29	0.72	0.46	0.15	0.73	-0.17	0.3	0.2	-0.38	0.12	-0.32
Net Debt	0.55	1.0	0.47	0.69	-0.59	0.26		-0.69	0.92	-0.37	0.24	-0.08	-0.08	0.94	0.2	0.93	0.56	0.91	0.97	0.71	0.65	0.94	0.01	0.64	-0.87	-0.14
Retained Earnings	0.13	-0.67	-0.82	-0.9	0.99	0.38	-0.69		-0.82	0.85	0.39	0.52	0.75	-0.7	0.48	-0.58	0.06	-0.57	-0.79	-0.07	-0.91	-0.69	0.14	-0.94	0.89	-0.34
Accounts Payable	0.35	0.91	0.59	0.8	-0.74	0.03	0.92	-0.82		-0.52	0.02	-0.2	-0.29	0.93	-0.07	0.88	0.35	0.86	0.98	0.54	0.76	0.94	-0.04	0.76	-0.91	0.07
Cash	0.51	-0.34	-0.64	-0.63	0.91	0.69	-0.37	0.85	-0.52		0.7	0.61	0.89	-0.3	0.5	-0.22	0.29	-0.12	-0.45	0.3	-0.65	-0.29	0.11	-0.79	0.65	-0.26
Non Current Assets Total	0.9	0.27	-0.26	-0.13	0.51	1.0	0.24	0.39	0.02	0.7		0.54	0.78	0.28	0.62	0.27	0.7	0.45	0.13	0.71	-0.18	0.29	0.22	-0.39	0.14	-0.31
Cash And Short Term Investments	0.45	-0.06	-0.62	-0.45	0.58	0.54	-0.08	0.52	-0.2	0.61	0.54		0.65	-0.08	0.59	-0.1	0.36	0.01	-0.19	0.32	-0.46	-0.08	0.75	-0.58	0.29	-0.4
Net Receivables	0.72	-0.05	-0.68	-0.58	0.83	0.78	-0.08	0.75	-0.29	0.89	0.78	0.65		-0.13	0.79	0.08	0.56	0.04	-0.22	0.59	-0.62	-0.1	0.13	-0.76	0.41	-0.53
Common Stock Shares Outstanding	0.53	0.94	0.55	0.75	-0.6	0.29	0.94	-0.7	0.93	-0.3	0.28	-0.08	-0.13		0.02	0.88	0.46	0.98	0.97	0.64	0.72	1.0	0.02	0.69	-0.82	0.03
Non Current Liabilities Total	0.66	0.22	-0.66	-0.51	0.56	0.62	0.2	0.48	-0.07	0.5	0.62	0.59	0.79	0.02		0.2	0.67	0.13	-0.01	0.61	-0.58	0.05	0.33	-0.55	0.12	-0.85
Inventory	0.63	0.93	0.43	0.65	-0.47	0.29	0.93	-0.58	0.88	-0.22	0.27	-0.1	0.08	0.88	0.2		0.57	0.87	0.91	0.81	0.59	0.9	-0.19	0.52	-0.82	-0.06
Other Current Assets	0.84	0.58	-0.03	0.08	0.16	0.72	0.56	0.06	0.35	0.29	0.7	0.36	0.56	0.46	0.67	0.57		0.53	0.44	0.83	0.0	0.47	0.02	-0.13	-0.28	-0.49
Other Stockholder Equity	0.67	0.92	0.46	0.67	-0.44	0.46	0.91	-0.57	0.86	-0.12	0.45	0.01	0.04	0.98	0.13	0.87	0.53		0.92	0.73	0.63	0.98	0.04	0.57	-0.72	-0.01
Total Liab	0.44	0.96	0.6	0.79	-0.7	0.15	0.97	-0.79	0.98	-0.45	0.13	-0.19	-0.22	0.97	-0.01	0.91	0.44	0.92		0.61	0.76	0.97	-0.06	0.76	-0.89	0.04
Total Current Assets	0.95	0.73	0.03	0.25	0.06	0.73	0.71	-0.07	0.54	0.3	0.71	0.32	0.59	0.64	0.61	0.81	0.83	0.73	0.61		0.18	0.67	0.0	-0.03	-0.46	-0.34
Short Term Debt	0.03	0.64	0.92	0.99	-0.88	-0.17	0.65	-0.91	0.76	-0.65	-0.18	-0.46	-0.62	0.72	-0.58	0.59	0.0	0.63	0.76	0.18		0.71	-0.21	0.86	-0.81	0.57
Common Stock	0.55	0.95	0.53	0.74	-0.58	0.3	0.94	-0.69	0.94	-0.29	0.29	-0.08	-0.1	1.0	0.05	0.9	0.47	0.98	0.97	0.67	0.71		0.01	0.67	-0.83	0.01
Non Currrent Assets Other	0.1	0.01	-0.37	-0.21	0.16	0.2	0.01	0.14	-0.04	0.11	0.22	0.75	0.13	0.02	0.33	-0.19	0.02	0.04	-0.06	0.0	-0.21	0.01		-0.21	0.09	-0.26
Current Deferred Revenue	-0.19	0.63	0.78	0.84	-0.93	-0.38	0.64	-0.94	0.76	-0.79	-0.39	-0.58	-0.76	0.69	-0.55	0.52	-0.13	0.57	0.76	-0.03	0.86	0.67	-0.21		-0.76	0.39
Intangible Assets	-0.23	-0.86	-0.67	-0.84	0.84	0.12	-0.87	0.89	-0.91	0.65	0.14	0.29	0.41	-0.82	0.12	-0.82	-0.28	-0.72	-0.89	-0.46	-0.81	-0.83	0.09	-0.76		-0.06
Other Liab	-0.36	-0.15	0.62	0.51	-0.39	-0.32	-0.14	-0.34	0.07	-0.26	-0.31	-0.4	-0.53	0.03	-0.85	-0.06	-0.49	-0.01	0.04	-0.34	0.57	0.01	-0.26	0.39	-0.06

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Ankit Metal Account Relationship Matchups

Ankit Metal fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.8B	12.2B	12.2B	12.0B	13.7B	13.7B
Short Long Term Debt Total	12.0B	11.7B	11.4B	11.0B	12.7B	9.3B
Other Current Liab	2.4B	3.1B	1.9B	3.8B	4.3B	4.6B
Total Current Liabilities	16.6B	17.7B	19.3B	20.6B	23.7B	24.9B
Total Stockholder Equity	(6.6B)	(7.3B)	(7.9B)	(8.8B)	(7.9B)	(7.5B)
Property Plant And Equipment Net	5.5B	5.0B	4.9B	4.7B	5.4B	6.0B
Net Debt	12.0B	11.7B	11.4B	11.0B	12.7B	9.2B
Retained Earnings	(11.0B)	(11.8B)	(12.3B)	(13.3B)	(12.0B)	(11.4B)
Accounts Payable	5.0B	4.7B	6.0B	5.9B	6.8B	4.0B
Cash	6.0M	8.7M	6.2M	10.9M	9.8M	9.4M
Non Current Assets Total	5.5B	5.0B	4.9B	4.8B	5.5B	6.1B
Cash And Short Term Investments	6.2M	9.1M	6.5M	10.9M	9.8M	9.4M
Net Receivables	1.1B	513.3M	951.3M	614.9M	553.4M	525.7M
Liabilities And Stockholders Equity	12.8B	12.2B	12.2B	12.0B	13.7B	13.7B
Non Current Liabilities Total	2.8B	1.8B	699.2M	157.2M	141.5M	134.4M
Inventory	5.3B	5.7B	6.0B	5.7B	6.6B	4.6B
Other Current Assets	808.0M	893.7M	345.8M	845.1M	971.8M	933.4M
Total Liab	19.3B	19.5B	20.0B	20.8B	23.9B	15.1B
Total Current Assets	7.2B	7.1B	7.3B	7.2B	8.3B	7.6B
Accumulated Other Comprehensive Income	(2.4B)	(6.9M)	(633K)	12.2M	11.0M	11.5M
Short Term Debt	9.2B	9.9B	10.7B	10.9B	12.6B	13.2B
Non Currrent Assets Other	26.4M	9.4M	19.1M	19.6M	17.6M	16.7M
Current Deferred Revenue	1.7B	1.8B	1.8B	1.7B	1.9B	1.0B
Net Tangible Assets	(5.8B)	(6.6B)	(7.3B)	(7.9B)	(7.1B)	(6.7B)
Other Assets	26.4M	9.4M	19.1M	19.6M	22.5M	22.7M
Long Term Debt	2.8B	1.8B	656.6M	110.3M	99.3M	94.3M
Short Long Term Debt	9.2B	3.8B	10.7B	10.9B	12.6B	7.0B
Property Plant Equipment	5.5B	5.0B	4.9B	4.7B	4.3B	5.0B
Long Term Debt Total	2.8B	1.8B	656.6M	110.3M	99.3M	94.3M
Short Term Investments	217K	330K	242K	57.0M	51.3M	48.7M
Cash And Equivalents	6.0M	8.7M	6.2M	10.9M	9.8M	9.9M
Net Invested Capital	5.4B	(1.8B)	3.5B	2.2B	2.0B	3.1B
Net Working Capital	(9.3B)	(10.6B)	(12.1B)	(13.4B)	(12.1B)	(12.7B)

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Other Information on Investing in Ankit Stock

Balance Sheet is a snapshot of the financial position of Ankit Metal Power at a specified time, usually calculated after every quarter, six months, or one year. Ankit Metal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ankit Metal and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ankit currently owns. An asset can also be divided into two categories, current and non-current.

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Ankit Retained Earnings vs Total Stockholder Equity Analysis

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Stockholder Equity

Ankit Metal fundamental ratios Correlations

Ankit Metal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ankit Metal fundamental ratios Accounts

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Other Information on Investing in Ankit Stock

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Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Shares Outstanding
Short Term Debt	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.98	Accounts Payable

Current Deferred Revenue	- 0.94	Retained Earnings
Current Deferred Revenue	- 0.93	Total Stockholder Equity
Intangible Assets	- 0.91	Accounts Payable
Short Term Debt	- 0.91	Retained Earnings
Retained Earnings	- 0.9	Total Current Liabilities
Intangible Assets	- 0.89	Total Liab