Gangotri Total Stockholder Equity vs Net Receivables Analysis

Stocks . India . 
Stock . Gangotri Textiles Limited
GANGOTRI   1.14  0.06  5.00%   
Gangotri Textiles financial indicator trend analysis is much more than just examining Gangotri Textiles latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gangotri Textiles is a good investment. Please check the relationship between Gangotri Textiles Total Stockholder Equity and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gangotri Textiles 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 persons.

Total Stockholder Equity vs Net Receivables

Total Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gangotri Textiles Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gangotri Textiles' Total Stockholder Equity and Net Receivables is 0.16. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gangotri Textiles Limited, assuming nothing else is changed. The correlation between historical values of Gangotri Textiles' Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Gangotri Textiles Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., Gangotri Textiles' Total Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Net Receivables

Most indicators from Gangotri Textiles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gangotri Textiles 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 Gangotri Textiles 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 persons.
As of 11/28/2024, Tax Provision is likely to grow to about 9.5 M, while Selling General Administrative is likely to drop slightly above 198.9 K.
 2023 2024 (projected)
Total Operating Expenses746K708.7K
Cost Of Revenue3K2.9K

Gangotri Textiles fundamental ratios Correlations

Common Stock Shares Outstanding
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
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Non Current Liabilities Total
Inventory
Other Current Assets
Other Stockholder Equity
Total Liab
Total Current Assets
Common Stock
Current Deferred Revenue
Accounts Payable
Net Receivables
Short Term Debt
Other Liab
Net Tangible Assets
Common Stock Shares Outstanding
0.070.07-0.590.12-0.070.110.07-0.250.070.070.070.070.070.160.120.260.070.10.070.110.130.16-0.10.170.13
Total Assets
0.071.00.461.0-1.00.981.00.251.01.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Short Long Term Debt Total
0.071.00.461.0-1.00.981.00.251.01.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Other Current Liab
-0.590.460.460.4-0.460.40.460.470.460.460.460.460.46-0.29-0.220.080.460.420.46-0.18-0.24-0.290.12-0.59-0.23
Total Current Liabilities
0.121.01.00.4-1.00.981.00.21.01.01.01.01.0-0.16-0.150.791.00.981.0-0.12-0.1-0.140.04-0.34-0.22
Total Stockholder Equity
-0.07-1.0-1.0-0.46-1.0-0.98-1.0-0.25-1.0-1.0-1.0-1.0-1.00.160.12-0.77-1.0-0.99-1.00.10.130.16-0.010.380.24
Property Plant And Equipment Net
0.110.980.980.40.98-0.980.980.20.980.980.980.980.980.040.050.760.981.00.980.06-0.010.01-0.09-0.21-0.07
Net Debt
0.071.01.00.461.0-1.00.980.251.01.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Retained Earnings
-0.250.250.250.470.2-0.250.20.250.250.250.250.250.25-0.150.01-0.280.250.230.250.02-0.23-0.23-0.18-0.56-0.05
Cash
0.071.01.00.461.0-1.00.981.00.251.01.01.01.0-0.15-0.110.771.00.991.0-0.1-0.13-0.160.0-0.38-0.23
Non Current Assets Total
0.071.01.00.461.0-1.00.981.00.251.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Non Currrent Assets Other
0.071.01.00.461.0-1.00.981.00.251.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Cash And Short Term Investments
0.071.01.00.461.0-1.00.981.00.251.01.01.01.0-0.15-0.110.771.00.991.0-0.1-0.13-0.160.0-0.38-0.23
Non Current Liabilities Total
0.071.01.00.461.0-1.00.981.00.251.01.01.01.0-0.16-0.120.771.00.991.0-0.1-0.13-0.160.01-0.38-0.24
Inventory
0.16-0.16-0.16-0.29-0.160.160.04-0.16-0.15-0.15-0.16-0.16-0.15-0.160.91-0.1-0.160.0-0.160.830.50.74-0.590.760.77
Other Current Assets
0.12-0.12-0.12-0.22-0.150.120.05-0.120.01-0.11-0.12-0.12-0.11-0.120.91-0.04-0.120.02-0.120.830.280.54-0.70.540.59
Other Stockholder Equity
0.260.770.770.080.79-0.770.760.77-0.280.770.770.770.770.77-0.1-0.040.770.770.77-0.07-0.12-0.12-0.02-0.12-0.36
Total Liab
0.071.01.00.461.0-1.00.981.00.251.01.01.01.01.0-0.16-0.120.770.991.0-0.1-0.13-0.160.01-0.38-0.24
Total Current Assets
0.10.990.990.420.98-0.991.00.990.230.990.990.990.990.990.00.020.770.990.990.02-0.03-0.03-0.08-0.27-0.11
Common Stock
0.071.01.00.461.0-1.00.981.00.251.01.01.01.01.0-0.16-0.120.771.00.99-0.1-0.13-0.160.01-0.38-0.24
Current Deferred Revenue
0.11-0.1-0.1-0.18-0.120.10.06-0.10.02-0.1-0.1-0.1-0.1-0.10.830.83-0.07-0.10.02-0.10.10.44-0.920.470.55
Accounts Payable
0.13-0.13-0.13-0.24-0.10.13-0.01-0.13-0.23-0.13-0.13-0.13-0.13-0.130.50.28-0.12-0.13-0.03-0.130.10.930.110.60.65
Net Receivables
0.16-0.16-0.16-0.29-0.140.160.01-0.16-0.23-0.16-0.16-0.16-0.16-0.160.740.54-0.12-0.16-0.03-0.160.440.93-0.210.720.76
Short Term Debt
-0.10.010.010.120.04-0.01-0.090.01-0.180.00.010.010.00.01-0.59-0.7-0.020.01-0.080.01-0.920.11-0.21-0.17-0.31
Other Liab
0.17-0.38-0.38-0.59-0.340.38-0.21-0.38-0.56-0.38-0.38-0.38-0.38-0.380.760.54-0.12-0.38-0.27-0.380.470.60.72-0.170.55
Net Tangible Assets
0.13-0.24-0.24-0.23-0.220.24-0.07-0.24-0.05-0.23-0.24-0.24-0.23-0.240.770.59-0.36-0.24-0.11-0.240.550.650.76-0.310.55
Click cells to compare fundamentals

Gangotri Textiles Account Relationship Matchups

High Positive Relationship

Short Long Term Debt Total
+ 1.0
Total Assets
Total Current Liabilities
+ 1.0
Total Assets
Net Debt
+ 1.0
Total Assets
Cash
+ 1.0
Total Assets
Non Current Assets Total
+ 1.0
Total Assets
Non Currrent Assets Other
+ 1.0
Total Assets

High Negative Relationship

Common Stock
- 1.0
Total Stockholder Equity
Total Liab
- 1.0
Total Stockholder Equity
Non Current Liabilities Total
- 1.0
Total Stockholder Equity
Cash And Short Term Investments
- 1.0
Total Stockholder Equity
Non Currrent Assets Other
- 1.0
Total Stockholder Equity
Non Current Assets Total
- 1.0
Total Stockholder Equity

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.
ESRTEmpire State Realty
CCitigroup
CCitigroup

Additional Tools for Gangotri Stock Analysis

When running Gangotri Textiles' price analysis, check to measure Gangotri Textiles' 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 Gangotri Textiles is operating at the current time. Most of Gangotri Textiles' value examination focuses on studying past and present price action to predict the probability of Gangotri Textiles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gangotri Textiles' price. Additionally, you may evaluate how the addition of Gangotri Textiles to your portfolios can decrease your overall portfolio volatility.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY