Gallantt Short Term Investments vs Retained Earnings Analysis

GALLANTT   346.85  16.25  4.92%   
Gallantt Ispat financial indicator trend analysis is much more than just examining Gallantt Ispat latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gallantt Ispat is a good investment. Please check the relationship between Gallantt Ispat Short Term Investments and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gallantt Ispat 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 nation.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gallantt Ispat Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gallantt Ispat's Short Term Investments and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Gallantt Ispat Limited, assuming nothing else is changed. The correlation between historical values of Gallantt Ispat's Short Term Investments 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 Short Term Investments of Gallantt Ispat Limited 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 Short Term Investments i.e., Gallantt Ispat's Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Gallantt Ispat balance sheet. It contains any investments Gallantt Ispat Limited undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Gallantt Ispat can easily liquidate in the marketplace.

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 Gallantt Ispat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gallantt Ispat 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gallantt Ispat 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 nation.
Selling General Administrative is likely to gain to about 170.3 M in 2024. Tax Provision is likely to gain to about 902.8 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense175.1M272.2M282.0M296.1M
Depreciation And Amortization920.9M1.0B1.2B1.2B

Gallantt Ispat fundamental ratios Correlations

0.960.030.971.01.00.96-0.331.00.060.550.550.240.810.990.970.50.970.990.870.550.98-0.360.960.580.87
0.96-0.080.920.960.960.97-0.430.960.040.640.490.140.810.960.930.410.930.950.850.460.96-0.450.940.670.83
0.03-0.080.090.00.060.060.370.010.310.070.050.50.260.010.110.330.160.080.10.010.040.1-0.090.050.18
0.970.920.090.960.970.94-0.190.960.120.620.60.360.750.970.980.490.970.980.820.60.98-0.30.880.640.85
1.00.960.00.960.990.95-0.361.00.040.530.540.190.780.990.960.480.960.990.860.540.97-0.370.970.560.86
1.00.960.060.970.990.97-0.31.00.060.550.550.290.840.990.980.510.980.990.870.540.98-0.350.940.580.88
0.960.970.060.940.950.97-0.290.960.070.650.480.360.890.960.970.50.980.960.870.460.98-0.390.890.670.9
-0.33-0.430.37-0.19-0.36-0.3-0.29-0.350.24-0.010.150.54-0.14-0.35-0.19-0.04-0.18-0.29-0.380.29-0.310.34-0.52-0.08-0.24
1.00.960.010.961.01.00.96-0.350.010.540.560.210.80.990.960.450.960.980.850.560.97-0.360.960.570.85
0.060.040.310.120.040.060.070.240.010.110.090.30.10.060.180.530.120.160.17-0.060.120.03-0.070.090.21
0.550.640.070.620.530.550.65-0.010.540.110.150.320.490.590.60.10.610.550.580.20.66-0.650.451.00.58
0.550.490.050.60.540.550.480.150.560.090.150.260.310.480.620.090.540.520.090.880.480.280.390.140.18
0.240.140.50.360.190.290.360.540.210.30.320.260.470.220.390.390.420.290.230.250.320.120.020.280.41
0.810.810.260.750.780.840.89-0.140.80.10.490.310.470.790.820.60.880.820.820.320.8-0.330.740.50.86
0.990.960.010.970.990.990.96-0.350.990.060.590.480.220.790.960.510.960.990.90.490.98-0.430.960.620.89
0.970.930.110.980.960.980.97-0.190.960.180.60.620.390.820.960.550.980.980.820.560.98-0.30.860.620.86
0.50.410.330.490.480.510.5-0.040.450.530.10.090.390.60.510.550.550.60.670.080.5-0.240.410.110.66
0.970.930.160.970.960.980.98-0.180.960.120.610.540.420.880.960.980.550.980.860.540.98-0.330.880.630.9
0.990.950.080.980.990.990.96-0.290.980.160.550.520.290.820.990.980.60.980.890.520.98-0.360.930.580.9
0.870.850.10.820.860.870.87-0.380.850.170.580.090.230.820.90.820.670.860.890.160.88-0.590.870.610.96
0.550.460.010.60.540.540.460.290.56-0.060.20.880.250.320.490.560.080.540.520.160.460.150.430.180.22
0.980.960.040.980.970.980.98-0.310.970.120.660.480.320.80.980.980.50.980.980.880.46-0.390.910.690.9
-0.36-0.450.1-0.3-0.37-0.35-0.390.34-0.360.03-0.650.280.12-0.33-0.43-0.3-0.24-0.33-0.36-0.590.15-0.39-0.42-0.67-0.42
0.960.94-0.090.880.970.940.89-0.520.96-0.070.450.390.020.740.960.860.410.880.930.870.430.91-0.420.490.83
0.580.670.050.640.560.580.67-0.080.570.091.00.140.280.50.620.620.110.630.580.610.180.69-0.670.490.6
0.870.830.180.850.860.880.9-0.240.850.210.580.180.410.860.890.860.660.90.90.960.220.9-0.420.830.6
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Gallantt Ispat Account Relationship Matchups

Gallantt Ispat fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3B9.3B26.9B29.5B31.4B32.9B
Short Long Term Debt Total1.8B2.1B3.9B5.4B4.6B4.9B
Other Current Liab1.9M1.9M236.2M229.7M332.4M189.6M
Total Current Liabilities1.2B1.7B4.8B5.4B4.7B4.9B
Total Stockholder Equity6.6B7.4B20.8B22.3B24.5B25.7B
Property Plant And Equipment Net4.4B4.7B16.2B17.7B18.8B19.7B
Net Debt1.2B1.1B3.8B5.3B4.6B4.8B
Cash12.8M18.0M86.5M56.2M3.2M3.0M
Non Current Assets Total6.7B7.2B18.3B19.5B20.5B21.5B
Non Currrent Assets Other(6.5B)(2.6B)(469.5M)100.9M241.5M253.6M
Cash And Short Term Investments48.1M73.0M134.3M2.7B554.5M278.8M
Net Receivables281.9M536.4M5.2B1.5B1.1B986.1M
Liabilities And Stockholders Equity8.3B9.3B26.9B29.5B31.4B32.9B
Non Current Liabilities Total612.7M208.5M1.3B1.9B2.2B2.3B
Inventory1.3B1.4B3.3B4.3B4.4B4.6B
Other Current Assets30K123.8M5.2B5.5B4.9B5.1B
Other Stockholder Equity(5.3B)(5.5B)(11.7B)105M11.2B11.8B
Total Liab1.8B1.9B6.1B7.2B6.8B7.2B
Total Current Assets1.7B2.1B8.6B9.9B10.9B11.4B
Accumulated Other Comprehensive Income(521.2M)12.7B12.8B11.2B22.1B23.2B
Accounts Payable367.0M376.7M1.6B643.0M574.9M471.6M
Short Term Debt660.9M1.1B2.9B4.2B3.6B3.8B
Current Deferred Revenue125.0M203.4M216.7M73.4M133.3M123.3M
Retained Earnings4.7B5.5B7.2B8.6B10.9B11.4B
Short Term Investments35.3M54.9M47.8M2.7B555.0M313.8M
Other Liab46.0M208.5M316.1M865.1M994.9M1.0B
Net Tangible Assets6.6B7.4B18.9B20.6B23.7B24.9B
Other Assets167.8M155.4M163.9M150.1M(1K)(950.0)
Long Term Debt1.1B986.7M988.9M994.7M1.0B1.0B
Short Long Term Debt660.9M1.1B2.9B4.4B3.6B3.8B
Property Plant Equipment4.4B4.7B16.2B17.7B20.4B21.4B
Long Term Debt Total1.2B1.2B1.1B986.7M1.1B1.2B
Intangible Assets3.8M2.2B1.9B1.6B1.4B873.9M
Net Invested Capital7.8B8.5B24.7B27.6B29.1B17.4B
Net Working Capital497.4M382.0M3.8B4.6B6.2B6.5B

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